The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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This appears to be a well run company, without all the rampers and de-rampers . Long may it last 😁
Warpaint will be at Mello2024 (Wednesday 22nd and Thursday 23rd May 2024, 9am-6pm) at the Clayton Hotel & Conference Centre in Chiswick, London. The annual flagship in-person investor event will feature over 40 companies and keynote speakers such as Lord Lee; Christopher Mills; Georgina Brittain; Gervais Williams; Ed Croft; and many more! If you are new to Mello, you can get a ticket for just £30! Use code NEW2MELLO24
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ShareSoc is hosting a webinar with Warpaint London PLC (W7L) on 07/05/24, 5pm which may be of interest to current shareholders or potential investors. Sam Bazini, Chief Executive Officer will be conducting an investor presentation covering their final results. You can register here: https://www.sharesoc.org/events/sharesoc-webinar-with-warpaint-london-plc-w7l/
Oversubscribed and just below market
Https://www.lse.co.uk/rns/W7L/holdings-in-company-9rxtn7swism977y.html
Also a great forecast with a strong looking graph.
https://walletinvestor.com/lse-stock-forecast/w7l-stock-prediction#google_vignette
Whether it consolidates or not, the long-term outlook from yesterday’s results RNS was particularly pleasing and offered plenty of upside - a Walmart RNS, which I hope is going to come in the coming weeks/months is enough to wet my appetite. Will look to add if share price drifts. Will still probably add regardless when funds allow!
Just looking at LSE's share trades, I guess the SP will slowly go down from here for a while, I think that it's still not widely known what a success story it is. Hopefully some institutional buys will happen. If it drops 5% I'll be buying in again and sell some dogs to do so!
Https://www.investorschronicle.co.uk/news/2024/04/24/warpaint-continues-rapid-expansion/
Looks good on level 2, going to be a jump up today!
£10 a share longer term with all these new store openings. This is just going to grow and grow.
I say
Great set results
Grezzz - interesting stance. Most of Warpaint's products are made in China, but they do have a QA team on the ground there. They actually work with the same factories that manufacture for some of the biggest names - L'Oreal, M.A.C etc
FY 2023 results are scheduled for release this Wednesday morning, and management are presenting to an AJ Bell/Shares magazine event at 6:30 pm - link: https://www.sharesmagazine.co.uk/events/event/shares-investor-webinar-240424
Berenberg initiated cover on Warpaint this morning with a Buy recommendation and 550p target price. Berenberg is not a broker to Warpaint, so the research is independent. https://www.streetinsider.com/Intl+Ratings/Berenberg+Starts+Warpaint+London+plc+%28W7L%3ALN%29+at+Buy/23081581.html
Going through the numbers and the share price (even after today's uptick) is still nowhere remotely near fair value.
Good to see today's update. Yet another upgrade from one of the best run companies on AIM.
The "read across" from Ulta, causing the recent fall, was always a ridiculous market reaction.
Great update, results end April, will look add b4
Lovely tree shake this morning and opportunity to buy cheaply.
Personally I think the company is very well run, with the China aspect necessary to meet the required price points. A lot of Apple phones are manufactured in China so the QA is likely a question of, again, effective management. Of course the market has become increasingly concerned about over-reliance on Asian and particularly Chinese production, so I think Warpaint are sensibly broadening their supply base.
I certainly support the de-risking. Not so much because of the quality of product - the big retailers will make sure they get what they require, but more the possibility of a worsening of the geo-political environment.
Monty9 - I should add, I suspected the manufacturing was China-centric, and since my g/f is Chinese, we hold a healthy scepticism when it comes to quality control etc. Suffice it to say, she avoids any cosmetic products that are clearly made in China and frequently sends European produced items back to her family and friends. As you may recall with baby formula etc., there's often cases of adulteration which eventually get exposed and cause a scandal. I'm a former commodity trader and that was my experience too. If you enjoy honey - never buy blended, uncertified own label brands. Almost all is Chinese and adulterated with sugar syrup...