Warpaint London Share Discussion Threads

[villarich] 14/5/2024 15:24

He's softening his messages from..."This share is worthless, you're all idiots"To"Hey, I might be right or wrong you never know."

[big7ime] 14/5/2024 12:09

Qs pooing himself again and talking random dribble which doesn’t apply here.
Q1 margins are above 2023
I have mentioned the low peg on a number of occasions which, as confidence grows that W7l numbers aren’t a flash in the pan will re-rate
So LT holders comfortable to reap divis and await next update

[someuwin] 14/5/2024 11:43

Warpaint London Plc (W7L)- 7 May 2024

[bigbigdave] 14/5/2024 11:23

All buys this morning, featured on 'Mello' last night.
Not much stock around either.

[sogoesit] 14/5/2024 09:19

Indeed they do johnrxx99 but no need for absence of cogent arguments in favour of their case rather than puerile rhetoric accusing their buyers as clowns.

However, short-termism, does cause harm to markets; especially growth equities markets. This is not confined to the few irrelevant price-taker "traders" who operate on the sidelines but includes the major institutions' mentality and structure of UK markets.

Ever wondered why companies, especially growth companies, prefer listing elsewhere than in the UK (ARM for example)? If you invest in cosmetics stocks you will also understand that e.l.f. is valued substantially differently to W7L. Do you think that is solely due to its business and market or does investor perception, and action, play a part?

As the adage "Overvalued in the short term, undervalued in the long term" is applied to Tech stocks it so applies probably (note the word) to W7L. Sure, by all means take advantage of that arbitrage from time to time but make that argument for "price signalling" not some arbitrary irrelevant rhetoric and simplistic "nothing rises in a straight line" meaningless twaddle. (By the way I can assure you that some stocks can "rise in a straight line" and I can prove it and have reaped the profit ... SMCI, for example, if not the Reddit Meme stocks; even markets, Copper for example, not to mention that Momentum investment strategies are built on this underlying Trend assumption).
Funnily, it will "probably" (that word again) be that institutions buying at 450p will see value and want liquidity and short-termists have got this one wrong.

[Go on any CFD or Spread-Bet site and it will state clearly that over 85% in general of clients lose money. Short term trading, in general "noise trading", does not consistently make money! But, be my guest, and ride that horse on that course].

[qsmeily456] 14/5/2024 08:53

And % on the way down make for more shares on the steps up....nothing rises in a straight line and all % gains make a difference 🤣

[johnrxx99] 13/5/2024 09:34

but they make a market. Horses for courses.

[sogoesit] 13/5/2024 04:29

“Traders”; make me laugh sometimes, not that they’re infantile in calling me a clown, but that they argue about price differences of 10% or so when spreads can easily be 5% in illiquid small-caps.
Consider, for a growth stock like this, if one had bought £1000 worth of shares in 2022 and that compounded to give a five times return by this month. Sometimes I ask myself who the real clowns are in this circus (notwithstanding they don’t know where decimal places go).
What are they? Short-termist, short-sighted… or both?
Lol.

[qsmeily456] 10/5/2024 18:04

Fair points.

I would answer that by saying CEOs usually know better than most when to sell and when things might be a little ahead.....a good time to take some money off the table.

As for costs rising it's a fact.

Material labour fuel all rising

Interest rates holding firm not dropping as expected.

Then there's election uncertainty and the impact.

Then there's the expansion curve.....distribution and scale start to kick in.

Not saying this is not a good company, just saying at £5 right now I thought.....like the CEO did that around that level it was likely to pull back to test 450 then 4.25.

Maybe it will or it won't 🫨

[bertiebingo] 09/5/2024 20:23

Using Shore's numbers it's 18* (25) , important to remember the unlevered PE which is generally ignored by the sell side notes for some bizarre reason, which is 16*

[stuffee] 09/5/2024 17:58

QS

I would normaaly agree that a share sale by CEO is red flag. However, these folk have taken no money out for four years and are retaining over 75% of their holdings, with lock ups.

Not sure I can accept your other points re falling sales,"margins squeezed" and costs rising. W7 reported sales increase of 28% in Q1 2024, with "robust" margins, higher than previous year. I suggest great prospects with new customers such as Walmart in H2 2024.

[villarich] 09/5/2024 11:07

What was your first 100 bagger? Best I've managed is 10x with BOO

[qsmeily456] 09/5/2024 08:20

Forward eps u 🤡 🤣🤣🤣

With growth tailing off and costs rising 2🤣🤣🤣

CEO selling out at 450 says it all 🌲🌳🌴🩳9651;💰

[sogoesit] 08/5/2024 17:26

Agree with you stuffee...
I reckon forward EPS at about 25p.
Awarding it a forward P/E of 25x on a basis of PEG = 0.5 my price target is 625 minimum.
Upside is towards a PEG of 1 but if in the future it has a trailing PEG of 0.8 then the forward P/E now should be around 40x.
So that's a minimum triple in a year.
I'm accumulating here.
GLA

[qsmeily456] 08/5/2024 15:52

That's y the CEO dumped a load at £4.50......2🤣;

Down it goes all u lot topping up at 4.90 + 🤣🤣🤣

Sales slowing

Costs rising

Interest rates staying high

Inflation stubborn

Margins squeezed

🌴🌳🌲🫨

[stuffee] 08/5/2024 15:12

Just to add a few points to the above posts.

The House broker, Shore, appears to be the only analyst publishing research at present. I regard this as encouraging as with W7's present market cap of £360m and wider shareholder base, following last week's placing, I feel likely other brokers will soon follow and will generate greater investor interest.

Shore are forecasting 2024 profits and eps of £23.3m and 22.6p, representing growth of 26% compared to 2023. Bearing in mind W7 has recently announced Q1 2024 revenue increase of 28%, with improved margins, I suggest Shore's forecast pessimistic.

On Shore's numbers, W7 is trading with a PEG ratio of c 0.8; following the late Jim Slater's learned research that any PEG below 1 represents great value, I am much encouraged.

From likely excitement from its new relationship with the vast Walmart later in 2024 and new developments with Morrisons and Superdrug et al in the UK, prospects IMV look excellent. I've certainly grabbed a handful at 465p.

[bigbigdave] 08/5/2024 13:28

Trading update due middle of June.
Another 'ahead' coming :o)

[johndoe23] 08/5/2024 13:16

Pullback are just an opportunity to add, when the time is right

[big7ime] 08/5/2024 13:15

Good to see Andy Brough a big fan

[big7ime] 08/5/2024 13:06

Correction 4bagger, five x the price is 4 bagger right? If Doubling is 1 bag

[qsmeily456] 08/5/2024 12:49

Down it goes losers who all topped up at 490 plus as I 🩳🩳 told u 🐘🐘🤣🤣9315;💰Ӿ70;🥂

[big7ime] 08/5/2024 10:06

2 bit gambler, 78% of these point dealers lose on their trades - his record is worse! Although I suspect it’s all fantasy
Find growth companies and hold, I’m on a five bagger here, could end up being my second 100 bagger

[big7ime] 08/5/2024 09:58

All the way up from a quid he has been, what a loser! 🦴

[qsmeily456] 08/5/2024 09:48

And it's going to smash through 450 no resistance now until the 4s 🤣🤣🌲🌳7796;🩳Ԑ51;

QsmeIly456

25 Apr '24 - 13:21 - 2071 of 2171 Edit
0 0 0
🩳🩳 at 490 plus get in.

[villarich] 08/5/2024 08:47

Man thinks we forget he shorted at 418 and 420s. He's so underwater he's growing gills