Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Another great start to day, all buys! Less than 3 weeks to the AGM statement, it will be short but could be very sweet if the phrase 'performing better than expected' is included :D
Finally, a nice blue day. Hopefully we will start heading towards some kind of fair value now (albeit I didn't have to funds to top up in the 60's)!
£50 per unit seems low - i'd expect more towards £100.
Prolong forecast far too low. Asian initial order of 60k (e£600,000) is very promising! Current forecast is absolute minimum for DTC & Retail - I wouldn't put £2m+ out of the question...
Also worth noting that the cash balance wouldn't have include any 'summer' orders made through retail - Boots & Superdrug both likely to be on 60+ days so the May - June (possibly April) orders wouldn't be included in YE accounts.
After reading a few 'negative' comments on IDP's cash generation it's worth noting that cash balance has increased 1.3M over the last 6 months (Jan - June), large amount due to the Boots initial order, however, working capital cycle days has increased (Debtors increased significantly). Expect cash to increase at a steady, substantial rate going forward (Obviously without taking into consideration large 'ramp up' marketing/new product campaigns). GLA
I can't see it being an entire skincare range - I'd imagine the SKU's being variances of 1 product i.e. Makeup (Tone variances) Hair Dye (Colour variances) etc
Not sure there would be 12 SKU’s in that market - i’d Imagine it would be something much broader.
Ticking back up. Highly undervalued! A lovely growth stock with top end margins. Strong buy
Still cant believe we hit £2.07 on the back of last years results! Roll on a year, net profit doubled & we are @ £0.80...simply laughable!
Lovely results. Highlight for me; Prolong is going to add some serious numbers to this years bottom line, minimum orders already at 6,000! $299 per unit :O
Looking good for a strong finish...can't buy a bean!
Also worth noting it hit £2.07 (52 week high) when results were announced this time last year. Puts into perspective how undervalued we are when targets have been met this year?!
I've just added 11436 more shares - Feeling confident for next week (wink wink)
Surprised at the fund raise when cash was 1.7m on 30th June :/ hopefully the raise adds shareholder value & the future projects are prosperous. Not convinced!