Member Info for boonboon

What price did you sell at, and at what price will you buy back in at and get all rampy? What happened to your 15p target price if the EU decided to go for DMS?

Selling so you can try and buy back in? The smart money is holding these long term and not worrying about short term share movements.

Imo there won't be any significant long term impact by the delay. Presumably next year's results will be inflated by the same amount as these delayed orders. What is perhaps more worrying is that the pipeline is now $200 million, down from $250 million at the interims.

If the chip gets automotive approval soon, it would help a lot in fulfilling all the expected demand.

It's a premium product and therefore premium price. One of the reasons I like it. They could go mass market and sell at £5 in every retail outlet, but I doubt the extra sales will be worth the lower margin. It will also impact their DTC sales which are extremely high margin and they get cash straight away rather than waiting for retailers payment terms. I for one don't want skinny tan to be sold in too many retail outlets in the UK. Superdrug and possibly boots when the exclusivity runs out, but no more than that.

I think it will be the standard fovio, possibly with an option to upgrade to monitoring for a small monthly fee. The monitoring is useful for fleet managers as they can spot trends and amend working patterns accordingly.

It's not official yet. Very likely, but the parliament still needs to vote on it.

I think it's just the proposal at the moment. The EU parliament still needs to vote on it

Agreed I'm actually more excited about fleet, especially in the short term. I like the idea of a recurring revenue stream. How many cars do we need to be in to get the same profit as one guardian unit? I'm not sure what the price/profit breakdown is for guardian 2.

I don't believe the volumes that he is expecting by 2020,but can see it a year or two after that. Please no takeover battle yet though unless it's £1+

I read the non-exclusive part as good for us. I.e. We can work with other distributors not just them.

If you go through Google you shouldn't need a subscription. https://www.google.co.uk/search?q=despite+uber+car+crash&oq=despite+uber+car+crash&aqs=chrome..69i57j33l3.11042j1j4&client=ms-android-samsung&sourceid=chrome-mobile&ie=UTF-8

https://shar.es/1VnU6X

Keep an eye out for Body Gold. I don't know when they will hit the stores though.

For what it's worth this is why I'm invested in the company and hope to be for years to come. In just over two years IDP has turned a £30,000 acquisition of Skinny Tan into a company that imo is now valued at around £50 million, based on current run rate. I expect this value to continue to grow in future years as it launches product extensions and gains traction in other countries and through new retail channels. However what is exciting to me is that they imo have at least 3 brands that can IMO overtake Skinny Tan and become even more valuable. Roots, Stevie K and Skinny Bright. all these operate in bigger markets that Skinny Tan and although there is more competition I believe the IDP route to market will prove to be successful. I also believe this growth can happen much quicker than Skinny Tan did. With Skinny Tan they basically started from scratch. They had to gain customers (now over 220,000 direct customers) and entry into retail and etail channels. They are now able to leverage the Skinny Tan relationships to gain traction for these other brands. For example I doubt Roots would have got listed in Superdrug if it wasn't for Skinny Tan's performance with them. On top of these 4 brands they also have 4 others which could also do well, but I'm just not sure how well. Body Glow is in a very saturated market and I don't know if it's USP is good enough to turn it into a mega brand. The same goes for Charles and Lee. Having said that they could both still be very useful contributors to the bottom line. Leimo and Prolong are slightly different, both operate in similar markets, but these are totally different to the other group brands. The route to market is completely different and we're mainly talking about a big one off purchase with potentially some smaller recurring sales. Both have a large potential customer base though and it will be interesting to see how successful IDP is in b ringing these to market. If either or hopefully both do well then they could also be really meaningful long term contributors to IDP. I have a long term view on IDP, but unless something meaningful changes to the downside then I really do think these can be a multi bagger over the coming years. In fact the skies the limit

Don't focus on the name, focus on what it does. OGX which has a similar target market recently sold for $3.3billion

FWIW I believe they're being very cautious with their figures.

The 32 page research note is very informative, I haven't had the chance to have a detailed look yet. However I'd recommend trying to get hold of one . I have to say that their financial projections are IMO very Conservative. Revenues of £13.9million and £19.9 million for the next two years with profits at £2.4 million and £4 million. They don't include any sales for prolong the new headmaster or the skin brightening range in these forecasts.

I didn't mind the drop as I was able to top up at 310.50p.

Another record month, more progress and new product launches it all bodes well for the future.