Warpaint London Share Discussion Threads

[3ootuk] 27/6/2023 17:15

All quiet here.
I wonder how much overlap there is with Revolution Beauty (edited name) - they've had a bit of a time recently with major shareholder Boohoo having to step in, though should see a resurgence with the new management team.
Should come off suspension soon, so will Boohoo make a bid?

REVB though do have a lot of debt with flat US sales at Walmart and a declining online presence.
Everything at REVB seems to be the opposite of W7L so not one I'm investing in.

[johndoe23] 17/6/2023 18:27

Agreed. If it drops back to 250p region, I will be adding!

[disc0dave45] 17/6/2023 18:21

Could he John but as you say you don't know, nobody does, the point I was making is a fall of 0.9% following a rise of 19% in short order isn't anything IMO and nothing to even be bothered about.There's a gap now at 248 that may be filled and the RSI is a bit hot so wouldn't be surprised to see more selling as folks take a deserved profit until it then continues on its merry way. Just the natural order of things and further potential opportunities to take advantage of.

[johndoe23] 17/6/2023 18:04

Exactly. Sometimes best to wait a few days after an "ahead of" update before buying

[3ootuk] 17/6/2023 17:57

Funds might need to rebalance, or major holders might want to take a bit off the table. All part of the ebb and flow.

[johndoe23] 17/6/2023 17:46

Can't say for fact but there have been a few 25 and 35k blocks traded. Yesterday there were 50 and 100k also, down as buys but not sure they are

[disc0dave45] 17/6/2023 17:41

JohnHow do you know that?, curious.

[johndoe23] 17/6/2023 16:02

What I mean is dave, there is a large seller offloading in the background, suppressing the share price. Buys coming in but the ask slowly dripping down.

[disc0dave45] 16/6/2023 17:20

JohnNo offence but it's gone up 19% in 3 days, there's always sellers, traders taking profit, long termers taking profit, for every seller there's a buyer....eventually.

[qsmeily456] 16/6/2023 15:57

Yep £2.50 then £2 test here it comes..🤣

[johndoe23] 16/6/2023 12:49

Seller/s still around unfortunately

[qsmeily456] 16/6/2023 09:27

Thanks I've just been able to add another decent 🩳🤣

[shanklin] 16/6/2023 07:01

Per FY results and yesterday's TS;
(1) Sales Jan-Mar YoY, £13.2m to £18.5m, a 40.0% increase
(2) Sales Jan-May YoY, £20.5m to £29.7m, a 44.8% increase
(3) Thus, sales Apr&May YoY £7.3m to £11.2m, a 53.4% increase.
So what extrapolation is reasonable for the rest of 2023?

[davr0s] 15/6/2023 18:57

Where's the resident shorter today? What a plank!

[big7ime] 15/6/2023 10:44

20p earnings quite achievable with say 25p/e in this higher int rate environment so £5 not unrealistic

[nimbo1] 15/6/2023 10:14

my target is 30pe on 20p of earnings 18 months out. Anyone think its achievable?

[nimbo1] 15/6/2023 10:07

brokers forecasts are still too low for the current growth rate...

[big7ime] 15/6/2023 09:39

Traditionally second half weighted so this is very good.

[techtrader5] 15/6/2023 09:24

283.5 paid, I expect 300 will be passed soon, It’s all in the chart! To 370

[johndoe23] 15/6/2023 08:27

Yes profit takers in the building currently. Earnings this year upgraded 19% to 14.4p. Anyone any numbers for 24 & 25?

[nimbo1] 15/6/2023 08:23

profit takers of course but w7 looks on course to double in size over the next 3 years or so.

[disc0dave45] 15/6/2023 08:14

Excellent TUClearly this was leaked hence the rise yesterday.

[dicktrade] 15/6/2023 07:51

Nice to have a 'significantly ahead ' TU on EV DIV day, its like getting the div FOC

[johndoe23] 15/6/2023 07:23

I would also imagine earnings forecasts next 2 years will be materially upgraded. 14p and 16p currently.

[spectoacc] 15/6/2023 07:12

Cash, no debt, expanding sales. But perhaps more importantly, expanding margins too.