Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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Absolutely rocketing today. The sky is the limit for INCA
Is this an all time high for INC ? If so then were in unchartered waters....!
I believe so yes. Clearly a lot want in before the investor presentation.
Presentation out.
https://www.incanthera.com/media/140792/Incanthera-Investor-Presentation-May-2024.pdf
I’m completely baffled by today. That PowerPoint tells us nothing we didn’t already know.
Does anyone here have a conservative projection of what the share price might look like with a 10 m revenue, and in profit as the company have outlined as expected this year end.
My understanding is that each unit will retail at approx. £100 each with a cost price of approx. £40 per unit.
Therefore, this year to 24/25 year end will be the 250,000 order x £40 = £10,000 million at year 24 / 25 end.
Cheers Vas
Hi Vas; Using the projections in the slide set, and a conservative valuation metric of 5 X EBIT then I think the share price forecast for the next three years looks like this:
2025 = 17p (the bid price today)
2026 = 63p
2027 = 196p
Assumes no further shares issued. 77.9M shares in issue today. I think many would say 10 x EBIT would be more realistic, but without knowing what the retained profit after tax will be I think it's best to use a lower figure.
Hi AGBR, Thanks for your numbers. Amazing return here if the product sells as hoped for....imagine if the high net worth investors etc who attended this evenings presentation, decided to buy the share.....will not leave many in circulation and should only force the share price up over time as hopefully they deliver.
Morning AGBR,
Can you explain how you came about a 17p share price in a years time , say May 25 - if the company achieve their 10 m revenue target, and are in profits ....I would have thought it would be much higher. Thanks again Vas
£10.1m x 27% forecast EBIT gets you to £2.72m. £2.72m x 5 = £13.6m.
There’s about 100m shares in issue so if actually say 17p is a bit high on that forecast if assuming a 5x multiple. And there’s about 20m of warrants and options to be converted.
Thanks for your reply MoneyMule. Makes complete sense.
All that really needs to happen now is the product is warmly accepted by the public, the company deliver on their targets and they continue to increase distribution ROW.
I like this share as its now a bit of a numbers game in the sense that as long as the products sell as expected and manufacture and supply goes well then as each month passes the company's potential revenue increases along with the number of new outlets that start selling.
I imagine at sometime in the future the sp will get ahead of itself if / when the revenues / number of outlets start getting to serious numbers and can only be seen to continue increasing .
There was a company called Zoetic that had a contract for something like 100,000 newsagents, petrol stations , smoking shops, airports etc ) to retail their new CBD no tobacco / no tar cigarette.
Without making hardly any revenue the sp went from a few pence to just above £1 in a year before retuning to 2p over next nine months as the market realised that the company ( badly run) was only selling to a few hundred outlets at most and only a few packs a week and could not afford the training of staff, advertising, in house promotion to achieve such a large order over such a large geographical region such as the states.
INC, from what i have read and heard have all ( including manufacture) in place and it is all being handled by its partners. Therefore, once the company can prove the product is in demand (hopefully) and with a lot more media interest then we may get a early surprise ! GL VAS
Hxxps://www.proactiveinvestors.co.uk/companies/news/1047894/incanthera-transformative-partnerships-and-future-growth-in-skincare-1047894.html