Member Info for shandypants2

Gidget - agreed £4m for 2020 looks very achievable but with anything GB says you have to remember he's a salesman so everything is 'glass half full' with him.
He spent 3 months before the Dec fundraise telling everyone we didn't need one and even said the same in last week's presentation. He even quoted the Sept cash figure at the time when the fundraise was announced, when this figure was clearly out of date.
I like SKIN and on the whole i think GB has more positives than negatives but numbers talk and i await full year 2019 and Q1 2020 to get a better idea on progress.
Having said that i will be topping up on any market dips as it's now looking undervalued IMHO

YE numbers are important to provide YE profit and cash figures - this should provide a level of confidence in ARB and hopefully a re-rate.

The strategy is also critical.
I would hope a special divi of 1p is announced (c£3m in total) - i think this cannot be more than net profit so will be limited by PAT figure.
Also a commitment to return say 50% of all future profits will go down well IMHO.

Also by April we will have 3 months of 2020 trading. Hopefully a gross profit % can be provided so we can see profit increase with new machines.
For Jan to March 2020 if BTC stays above $9k it is likely that net profit will be over £3m for the 3 months.

and a ridiculous spread too - need some news to drop in next few weeks

great results today - steady growth across all areas. Is this stock unloved - not a comment for over 6 months!!

yep, looks like AMP are selling

RSI now under 20. That's a massive oversold sign. I will continue to top up as US news will drop before end of Q2. With the Chinese deal sorted anything under £1.50 is a steal.

At recent presentation CFO stated some companies (so more than one) had drop out and recently re-entered.
So STX inform them of their terms - they're not happy and walk away. If they've re-approached STX that's a positive sign IMHO.

no that was before the placing. He went on to say now that the placing is complete ORPH can be mentioned as often as possible.

great news. Impact of coronavirus on Star should be minimal too so a good place to put your money ATM

yes it does look like it's been massively oversold. Move to corporate clients appears very sensible and 30% increase in profits is excellent.

GB is quite good at these things and his positivity is infectious. Good to see confidence in 2020 numbers and if anything he feels these are still quite conservative - although no major new contract RNSs issued for a few months now (i know there are lots of smaller orders of £20-30k being done which add up etc).

Couple of points - he said RNS in early Feb stated this agreement was material. To be material it is £100k plus.
If you read the wording it doesn't actual state that - it says it expects it to be material, not quite the same - see excerpt below.

In terms of balance sheet i still have some concerns. He states we will be cashflow positive in 2020. Good, but he never mentions profits for 2020 and this is a slight concern to me. Yes we have the TP note but if gross margins are 78% as he regularly states lets see some evidence of profit. In the Q and A he admitted admin costs have increased but said as long as revenue is above that we are fine - a simplistic way to look at it.
In terms of fundraise he stated we didn't need one but then said if money was required we could utilise a bank facility (basically an overdraft) as we would be cash positive. This is possible but depends when we become cashflow positive (and profitable), clearly the earlier in the year the better. Also any overdraft will not be cheap so may not be the best way to raise finance.

So whilst more positives than negatives i await year end and Q1 numbers with interest.

Integumen's subsidiary Rinocloud today announces that it has entered into a commercial and AI development partnership with Acumen Software (Pty) Ltd of South Africa. The cooperative alliance has been established to create a combined offering of Acumen's integrated mobile asset and management software platform with RinoDrive's data analytics, data refining capabilities and RAWTestTM AI real-time water monitoring service. This new offering will be rolled-out to their respective strategic business partners that extend across Asia, North and South America, and Australasia. Management expects a material contribution on revenue from this partnership this year.

i suspect they found a few extra warrants down the back of the sofa.

At least they have no more - suspect these shares will be sold ASAP too, if they haven't already

the $25m dividend (minimum) is c£20m and with company value now down to the £300m range that's over 6% - one of the highest dividends available i suspect - not many companies pay above 5%

admin costs were £632k in H1 but this was a massive reduction from 2018 numbers.

Maybe add 50% on so c£150k a month i'd say is a sensible estimate.

Definitely over £1m a month net profit at the moment though.

yes but what's the revenue???

Manchester features a local Indian restaurant in Marple, which is c15 miles away.

Until there is in the 1,000 plus this will be massively loss making

SSTY is massively impacted by corona - travel will be the first thing to stop.

Even if you can travel countries like Italy and France are closing tourist attractions so what's the point going somewhere if you can't do much.
Shared rooms is also a big concern.

Hopefully this will blow over soon but until then best to sit and wait.
Corona is having an impact only question is how much. Incidentally as a flu it is a winter virus so hopefully should be less of an issue in the warmer months

i'm hoping contract news drops this week. Cathal mentioned he was hoping to announce 1 per month and last week when i queried this re a Feb announcement he said he thought it would slip into early March. We are now in early March.
He also said don't invest unless these contracts drop - he seems very confident.

We are also still on or below the recent fundraise price of 6.1p - would he have managed to raise £5m unless he convinced investors there was a decent upside??

another director buy - every little bit helps!!!

https://www.sharesmagazine.co.uk/video/innovaderma-idp-joe-bayer-executive-chairman

Here is Joe's actual presentation - the powerpoint is as per the one on IDPs website.

In the presentation he refers to Priceline stores being increased from 450 to 480 stores. He then mentions ST is in all of these. If so great, however, he may have meant to say C+L which was already in 450 as from last year.

Questions start a c20 minutes. One guy dominates this and asks a multitude of questions.
Regarding non UK expansion this is c27 minutes.

BTC price now 8,900 - the $9k comment not far off

now on superdrug's website

https://superdrug.com/search?text=nuthing

and nuthing.co.uk website is now live.

Fill your boots