The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Only just got online after a long day but I do not see this as a disappointing rise. The company is profitable it has future growth plans and ST online followers have grown from 400k to 600k. Prolong is on the up, and Roots seems to be standing strong if anything growing significantly. There is 0 debt, cash in the bank and yes this is a slow and steady share but I am more than happy to sit and wait for it to reach its full potential which I personally think will be in way excess of £30-40m MC in 2-3 years.
A strong set of results, and hopefully all the day traders will consider a longer position in the company.
Just to say I am still long on this, I think the drop has been overdone and mainly caused by day traders taking full advantage of the low number of shares in issue. This has however provided a nice buying opportunity for anyone looking to get in at the bottom (70P) and I have once again topped up to my maximum for now.
ST seems to be growing nicely, Roots steady and Prolong a disappointment. I don’t see ST slowing against last year’s figures with Boots in play but I do see Prolong hopefully doing more than nothing like last year which can only be a good thing? Not sure on Roots I am expecting slow but steady growth. My only concern would be how much they pump into advertising for Prolong, the Hairlaser & R&D on this new potential (cosmetic?) venture. Hopefully they will focus on getting the many good products we have to market and then I expect the share price to recover nicely.
I'm in for the long haul if they can transform this into a beauty/cosmetic company then there is huge potential at £11m MC. It’s nice to find a cash generating… profit making company that can develop and deliver new products to market without the need to issue new shares. It is even rarer to find one that is 100% debt free. But as always time will tell… also thanks for posting shandypants they always make good factual reading.
ST takeout price,
With how quiet the board is all possibilities are worth discussing. I think ST has too much potential to be sold for £15-20m I think it is more likely the board will be thinking about the comparison with St Tropez which was valued at £60m with a £20m turnover and a profit of £4.7m. (Back in 2010)
In 3-4 years ST alone could be making these sorts of profits or close to on its own. I expect ST to be in Tesco’s soon as Roots is already there so they have the link to market. I expect Wonder serum to be demanded by most supermarkets once Boots exclusivity runs out. I would also expect Boot to up the number of stores ST is sold in.
I think Prolong has bags of potential, Root a small potential and the hair Laser is less than 50:50 at bringing anything significant to our bottom line in the short term. That said if taken to market successfully like they did with skinny tan all are placed in much larger markets than the fake tan market and it would be huge for the share price. If we could sell ST for say £30m give a £1 dividend to shareholders and then use the £8-10m ish to boost Prolong, Roots, Hair Laser, Charles Lee would I take it … yes I think I would.
I am invested for the long term and I think in 5 years this company should/could be turning over £35m+ a year turnover with a profit of around £4-5m but that’s just my own views
I personally think the fall once again has been overdone. Its clear people just trade this share in the 2 weeks running up to news then sell regardless on its content. That said although the report was extremely positive as it addressed points that I was concerned about such as cash burn and H2 sales it did only meet IDPs predictions for 2019. That said £1.6m cash in the bank is great for the company and I expect to see strong H1 2020 results as said in many posts below. I’m also waiting for Prolongs launch in the UK and think there could be a deal done on selling it in stores and not just DTC.
Time will tell and until then I will just keep adding to my position and waiting for the next update and don’t be fooled by the buy to sell ratio as all my buys have been shown as sells everytime.
Nice to see the board returning to normal now all the derampers have left, looks like we should have a modest climb ahead as the companies hard work finally pays off. It has taken some time but we now have so much to look forward to, one thing being Prolongs launch in the UK & Europe which I am expecting conformation of approval any time in the next few months. For once I am looking forward to the end of year figures!!!!
£0.3m down in 6months after loosing SD’s backing for pushing our products is fine for me. 1300 Boots stores about to go live with ST which is phenomenal. Roots selling but ST is always our largest revenue maker. Prolong ready and being relaunched as we speak, and they are fully budgeted so no dilution planned. At a £13m mc I’d say this is still very good value.
Well, not going to lie with the price slide I did think some news bad news was maybe on the way like a Tesco hold up. (although i did top up at 85p as its just such a cheap price) but I am very pelased to say that Roots is literally just shown up on the tesco website. It is so new that there is no picture yet but now I know this is deff happening then I think I will be topping up some more.
https://www.tesco.com/groceries/en-GB/products/302228027
looks like most at 85p are buys as the £7020 is mine from this morning
Greg you’re getting so dull to read, you are becoming worse than most politicians using stats however you feel like to negative the company,
With all this new end of the world doom and gloom I am wondering why you bother to post?
In my eyes which of course could be wrong but I think there are positives?
We have over £2m in cash in the bank so no need for dilution,
We have £2m+ stock in the bank so no need for dilution,
Roots has new contracts with both Boots and Tesco which we have been told we are able to provide the required stock levels without dilution,
We have all supply issues fixed,
We have ST starting in Boot next year,
We have an institution buying in 3% of the company,
We have Prolong DLC platform created at high cost ready for relaunch
Now yes some negatives so you will be happy with balance,
SD sales have declined as the company refused to be black mailed over Roots, if the MD was so bad why did he bother? Why did he not just go for short term share price rise?
Prolong battery issues, this will relaunch but has dented profit levels,
Sales are flat to last year… not bad seeing as we did not start selling in Boots until mid August and not even in Tesco and Prolong was taken off sale yet but eh what do I know?
Costs are going up with wages yes but also we have been making profit and are still expected to make a profit so with all this going wrong short term I’d happily take slower sales to catch a much much larger fish.
So what will sales/profit be in 1 / 2 years when prolong is selling in multiple countries … ST is in Boots & SD, Roots is in Boots, Tesco & SD personally my answer is more than it is today. Therefore I am finding it hard to see why the company is about to die a horrible death and fall of some huge cliff?
Yes I completely agree 5 for a small store is a high figure, but then for a large store 5 would be considered a low volume. This does not including any online sales. Root can sell 50+ items online a day so I would expect ST to be more than that.
Anyway all I know it the futures bright.... Skinny Tan Bronzer Bright....
Your not on your own. I read the bb everyday, look at roots updates on facebook and see what ST is up to. Personally I cant see anything the company is doing wrong, but there is nothing happening for a fews weeks/month. I expect news on Roots in more Boots stores soon and I cant wait to see Roots roll out in Tesco.
If ST goes to 1250 Boots stores then am i right in thinking if ST has 15 items they stock 5 of each? thats 93750 items to start with? Average item say £3-4 so inital order could be approx £250k-400k. If each shops just sells 5 items a day which id say is low then 5x365x1250= 2.2m items x £3 (the lower side) = £6m extra revenue. Am i missing something? i guess the 5 items a day could be high????
added another 2k thats my isa full for the year so im happy to sit back and watch how this pans out
I have been reading and watching the quick shift in attitude towards the company. I am heavily invested and yes fustrated I could have sold and then bought back in and made lots of money. But then I remember why I am invested in IDP. This company was valued on just ST last year, this year we have ROOTS and also Prolong coming online again in Christmas. I know people go in depth on figures so Im not going to bother... my very very simple question to myself is. Do I think IDP will make more profit than last year.... answer YES. Do I think they will continue to grow through deals with large companys.... YES. Do I think the share price will be significatly higher than it is now when that happens ...YES. I think people need to step back remember why you invested and stop being annoyed that you could have sold for £2 and rebought at £1.30 to do that you must be a trader and of us here are LTH.
Stay positive
2 x £1m buys gone through someone is taking a large position in the company. Wish I had that sort of money to pump in here!
Huge news for IDP there best selling product range has just increased shelf space up to 2000 stores from just 500. Wells done to all holders this has huge growth all over it. Tesco for Roots in Nov and now ST in BOOTS. Well done IDP
"You Muppet advising people to buy this share...you look a complete idiot now", try researching the company before you speak.
This company has a tiny market cap, it has done some fantastic deals and have some more potentially lined up. Its sad when people like make a comment based on the 10% drop.. what about the rise from £1.05 to £1.68 you seem to have forgotten that?
Roots is an amazing growth product that works... I have tried it. ST is continuing to grow and once it gets into Tesco and Boots will most likely double in sales. Oh and watch Roots hitting most Boots stores in Feb 19 MAYBE!
Ive been thining about this over the weekend, if anyone is wondering about Roots please just go out and buy a bottle. Someone said they had done this on advfn so I thought eh I may as well try. I've been using the stuff for 6 weeks ish and honestly the results are amazing. So much so my wife said she is now willing to give it a try and see if it makes her hair look heathier. This product has been out for only a year so not many would have heard of it. But if you are sat looking at IDP thinking are they worth investing... take £9.99 to Boots or Superdrug and try a product that I think will be worth much more than ST in the future. I am 100% converted to Roots shampoo
Seems like my comment from earlier has some truth behind it or they would have not taken it off the Facebook page?
So potentially... Roots going into smaller Boots stores in Feb, ST now has links to Boots and Tesco through Roots and Ireland Boots is already selling the product. Prolong looking to launch in UK and Europe as next devolvement plan. That’s just the main 3 products.
This company has growth written all over it. Market cap £27m,
You got it!!! Wish I could get more funds, this is going to grow like mad and that’s without Boots and Tesco taking in ST which I’d expect an announcement over the next few months. Maybe they will roll it out together?
go to roots facebook page, look under reviews on the right hand side and then look at the most recent review at the bottom response comment.