Warpaint London Share Discussion Threads

[davr0s] 26/4/2023 18:16

Some way to go to ATHs

[big7ime] 26/4/2023 17:37

And Ending on a high of the day bodes well for tomorrow

[matt123d] 26/4/2023 17:12

Haha, the prospect of all time highs always a good reason for the shorts to capitulate

[km18] 26/4/2023 16:41

W7L issued results for the year ended 31 December 2022. The Group achieved record sales growth and significant profitability in the year by focusing on increasing sales of its branded products. In 2022, Group sales reached £64.1 million, up 28% from the previous year, with UK revenue increasing by 9% and international revenue increasing by 48%. The gross profit margin also increased despite supply-side price inflation, while EBITDA and profit from operations saw significant increases. Adjusted earnings per share also grew by 44%, and the Group had a cash balance of £5.9 million with no debt. A final dividend of 4.5 pence per share was recommended, bringing the total dividend for the year to 7.1 pence per share.... from WealthOracle

[qsmeily456] 26/4/2023 16:06

Buy the dips and hold this one. 🩳 the unreasonable spikes....

[dicktrade] 26/4/2023 15:21

Although, as a holder, i think there is some conscientious bias in here i would say in the small cap value/growth world this is as good as it gets ATM
GLAH

[techtrader5] 26/4/2023 15:17

Fabulous chart set up and doesn’t look expensive, quite the opposite imo with peg less than 0.5! Div yield 3.5% and increasing fast. What are some of you wanting? Do you ever invest? Let me know if you find better.

[3ootuk] 26/4/2023 14:04

I wonder what the lead time is for increased production, and what capacity they are currently running at?

[crazycoops] 26/4/2023 13:40

Yes and I think they have left scope for upgrades

[disc0dave45] 26/4/2023 13:06

crazyAre those Shore Capital f/casts?Seem low IMO.

[crazycoops] 26/4/2023 10:26

Adj EPS forecasts are; FY23 12.1p, FY24 14p and FY25 16.3p

[matt123d] 26/4/2023 10:12

Appears to be hanging in there better than previous occasions post numbers. Maybe this is the time 200p gets left behind for the move to 250p

[3ootuk] 26/4/2023 08:42

I would imagine other retailers are looking at the W7L range if they see their competitors expanding the range and selling well.

[johndoe23] 26/4/2023 08:32

Sorry meant 23 & 24!

[johndoe23] 26/4/2023 08:31

What are earnings for 24 & 25 please?

[photon] 26/4/2023 08:17

Having decent yield on a fast growing smaller company is unusual and attractive. 3.5% would be fair on a FTSE100 stalwart. The really interesting area is the growth in Europe but particularly in the US and in direct online sales. These suggest perhaps even more significant growth to come. Also if you care for their adjusted EPS figure, trailing ratio is now just under 19

[spectoacc] 26/4/2023 08:13

Net cash, growing in US, margins expanding, fwd p/e looks cheap to me, but then I would say that.

[kiwihope] 26/4/2023 08:09

Yes yield is good but not exceptional. Valued at 3x sales, p/e of 25. Considering growth rate that's fair value for me, not undervalued.

Just two months ago they were 20% cheaper. They will dip again.. I will wait for that.

[photon] 26/4/2023 07:59

With respect, I hold a completely different opinion. With yield at 3.5%, and the growth rate not reflected even in the trailing P/E ratio, let alone the forward P/E ratio, this now looks rather underpriced at the current level.

[kiwihope] 26/4/2023 07:51

Company trading very well. Already reflected in valuation so IMO a solid hold. Might be tempted to top up on weakness but not at this price.

[crazycoops] 26/4/2023 07:46

Fabulous results for FY22. Shore Capital have upgraded forecasts (again) and introduced FY25 forecasts. EPS forecasts for FY23 are raised by a further 10% and FY24 by 14%. Clearly a company on a roll. I am a happy holder.

[farnesbarnes] 26/4/2023 07:35

3ootuk

Do you mean Carlsberg?

[johndoe23] 26/4/2023 07:25

Excellent stuff. No position but they may change today!