Warpaint London Share Discussion Threads

[kiwihope] 09/4/2024 14:13

... I hope you have a strong neck!

[bigbigdave] 09/4/2024 13:42

Stick my neck out and say a fiver after results.

[74tom] 09/4/2024 12:22

Got to say the current forecasts in the market look silly low. If you extrapolate the 28% growth rate achieved in Q1 then FY24 revenue would reach ~£114.5m. Q123 grew 39% over Q122 & the full year ended up with ~40% growth, so this doesn't look outlandish at all.

If we then make assumptions that gross profit is maintained at ~39% and admin expenses continue to be well controlled, reaching ~£20m PA (continuing the trend of the last 2 years by adding ~£2.3m PA to overheads), then operating profit / PBT would come in at just over £24m, with resultant EPS at a 25% corporate tax rate of 23.7p

That would put shares on a current PE of just under 18x, vs FY24 EPS growth of ~32%, giving a PEG ratio of 0.55. Clearly too cheap.

[big7ime] 09/4/2024 11:22

Ok once again let it be shown Qs has supposedly sold at 418, his 120 shrs 🤣now let’s see what higher price he has to pay to get back in 🤭 should anyone believe he has real money to invest.
I reckon another rise tomorrow so already out of the money.

[qsmeily456] 09/4/2024 11:17

Sell into the ramps 4.18 🫨😃🍾🥂

[big7ime] 09/4/2024 11:06

Agree with you Hydrus, it’s still early days to get aboard here and the p/e is likely to rise to around 30 as more join the party so the share price can easily double this year. If your holding is modest it’s time to Increase and hold imo, ignore the daily “noise” from twerps trying to trade it

[disc0dave46] 09/4/2024 09:42

Shore have also said that their FY24 18.6p eps forecast is at least 10% too low......IMO even that is too conservative.Back to where it was pre the panic sell off

[someuwin] 09/4/2024 09:28

Shore Capital

Immature, with strong growth, cash generative – modestly valued: We have written on many occasions that Warpaint is in the foothills of its growth and that with annual revenue of c.£100m and a large market opportunity, it is not beholden to modest changes to market growth in any particular geography. Still very immature, with strong capital-light growth, sustained cash generation and a growing net cash position, we view the Warpaint investment case as compelling. HOUSE STOCK.

[blackhorse23] 09/4/2024 09:20

Money moving to APH , excellent profitable healthcare company

[johnkidd1] 09/4/2024 09:06

Quite agree over longer term. Just pointing out short term volatility in aim stocks however good is the norm when upside is limited.

[johndoe23] 09/4/2024 08:27

Which is not expensive for a company growing so strongly

[jqb1] 09/4/2024 08:26

The list of new retailers around the globe is as long as your arm. Margins growing.

[johnkidd1] 09/4/2024 08:24

Last guidence was 18p EPS. If it is something like 24 then shares are already up with events at 18 times earnings.

[villarich] 09/4/2024 08:24

Another troll attempt. At least do some research first next time

[johndoe23] 09/4/2024 08:17

Im anticipating previous highs to be tested in next few days

[bigbigdave] 09/4/2024 08:07

Also struggled to add

[johndoe23] 09/4/2024 08:03

Couldn't buy 2k worth at 393p, damn

[hydrus] 09/4/2024 07:51

>£100m revenue lookinggood - that was for one quarter which I hope you know

[ayl30] 09/4/2024 07:51

Potential earnings. Foundation of stock market valuations, simple

[bigbigdave] 09/4/2024 07:50

Talking about last week's sell off Ayl30!

[ayl30] 09/4/2024 07:49

Selling for CGT? It's a bit late for that we are in a new tax year now

[lookinggood] 09/4/2024 07:48

How does 23m turnover and 7.5m of cash get this company to 287m mcap

[3ootuk] 09/4/2024 07:46

Stocking up means they really see even more gains in the next few quarter and are managing it appropriately.
It really will be good to see how the new markets are stacking up wet new stores.

I can see this being bought out by a predator.

[johnrxx99] 09/4/2024 07:44

Is everybody happy :-) ?

You bet your life we are.

[bigbigdave] 09/4/2024 07:43

So no reason for sell off except for maybe a few selling for CGT purposes.
Should be testing the highs this week.