Member Info for shandypants2

great summary Chris - however, I think you should be enjoying your bank holiday instead of being on this board!!!

on 23/8 share price was in the low 230s all day yet share buyback was conduct at 2.43 a share. Seems odd to me

nice ramping applegarth. We've had massive dilution since last years high of 0.15 (my 1st purchase price!) at 0.01 ( I think) so arguably last year's share price can be halved to get a like for like valuation.

Similarly a 2017 prediction, which was way off the mark, is irrelevant now.

Having said that lots of news around the corner so this will keep rising as it's still cheap in comparison to its peers

agreed - I'm in. Been looking at this a while and finally taken the plunge.

A growing sector and competition like Hostelworld is more expensive and not great.

This share is unloved and suffering from constant poor retail sales figures. However, it is just not retail - its DTC operation contributes a good % of the revenues and it is main product, ST, is now in c 3 times the UK stores than this time last year (2,300 v7 80) .
Profits just announced are a record c£1.4m and 2020 is forecast at £2.4m (on revenues of £13m and £15.4 m respectively).

Looking at H1 last year it was a disaster (£3.9m v £4.2 the previous year).
It would appear ST suffered due to the Superdrug exclusivity fallout and also DTC advertising issues.
These are now resolved - SD has increased shelf space by 20% and DTC had record numbers in May and June 2019.

In 2018 H1 ST accounted for c£3.8m of the £4.2m rev whereas in 2019 ST dropped to c£3m (as Roots increased substantially).

If we use the 2018 ST number for 2020 and add conservative Boots sales of £1.3m (£50 a week at 1,000 stores for 26 weeks) that £5.1m. Add Roots 0.8m (was 0.65 in H1 2019) and others 0.4m (c0.25 in 2019 but higher C+L and hopefully Prolong too) that's £6.3m - an increase of £2.4m (over 50% H1 year on year).

Now 2020 full year is only forecast to increase by £2.4m and we could get that all in H1.

Therefore, assuming July and August trading has gone ok and the trading update is reasonably positive next month I can see FinnCap revising their 2020 numbers.

All IMHO of course

well done to all LTH - we deserve it.

Bought just before the delayed SS last year, luckily added just before current drill - was 90% down 2 months ago , now over 200% up and more to go

looks a great product and seems to be an upgrade on other remote keyless locks.

Hopefully onwards and upwards.

Could do with improving PR - auditor issue was not related to the company so why not say this - people don't like uncertainty and the share price has suffered as a result.
Good interview on Vox markets recently although CEO does look like a mad professor!

in addition to the monetary aspect it also ticks all the education boxes too which is always a strategic objective for zoos, aquariums, museums etc

yep agreed - massively oversold. Fundamentals are solid and profits of c£17m show this is going in the right direction.

Gizzard - based on your comments below (which I agree with) any idea of timeframes when these may be delivered? Thanks I advance

Looking forward to the new broker note, no doubt LR will want to push the PR on the awaited drill results, there’s so much news to come now. He seemed very upbeat and I believe we’re going to see some spectacular upward movement in the sp:
Updated JORC
Inferred to indicated
Met numbers
Higher grades
Improved NPV
JV or buyout
The list goes on...
GLA holders new and old, time to make lots of money

Just noticed that ST wonder serum has just been added to Boots Ireland.
https://www.boots.ie/toiletries/fake-gradual-tan/fake-and-gradual-tan-all/skinny-tan-wonder-serum-145ml-10263015

Must be very recent as not yet added to the ST suite of products
https://www.boots.ie/skinny-tan/skinny-tan-shop-all

Charles +Lee appears to be in c30 shops in New Zealand - although can't get NZ deliveries from website (but will deliver to US and UK). This is in addition to Myers in Australia (c60 stores) and Priceline.
According to FinnCap July update it is also in 'selected stores' in the US - not sure how many or which ones.
So decent progress being made on the C+L front

this is only my opinion so DYOR etc but I think it's too early for a buyout. Business model is unproven and commercialisation still in it's infancy. But who knows

US commercial contract and similar in China should drive share price short term.
It will be interesting to see what the upfront payment is from US partner - should be minimum of £50m (FinnCap has stated it could be as much as £100m). I would not be surprised if one or both of these deals hits Oct/Nov - unlikely to be December as I think CEO has allowed a bit of contingency by stating Q4.

Sit and hold - £2.50 minimum before xmas. Think share price bounce from £1.60 is proof that market knows what's around corner.

Both Chairman and CEO buying - if that's not a buy signal I don't know what is!!

try GO10 ( go and number 10) for 10% and GFDIET20 for 20% off

if ever you weren't sure of the potential of this share - here is your buy signal.

75,000 shares purchased at £1.78 each

unfortunately this share is unloved and previous missed targets and a lack of newsflow is impacting the share price.
We have an update in Sept so my advice is to be patient as this should be positive.

Previously announced results have stated profit for 2019 are more than double 2018s. So if we say this is £1.4m then the current P/E is c8. The average Ftse 100 P/E is 14. 2020 profit estimates are £2.4m so based on the current P/E of 8 this gives a share price of c£1.35. On a P/E of 9 it's £1.50 per share. I think this profit figure is reasonably conservative.

Last year H1 figures were a disaster (£3.9m rev down from £4.2 in 2017). For 2020 H1 should massively exceed this - I'm expecting c£6m - just having Boots for 6 months could generate c£1.5m alone assuming only £50 p.week per store. So that's over 50% increase year on year for H1. The update next month should show progress towards this .

Prolong is being marketed again the US too (and UK by Dec 2019). This could have a impact of profit as mark up is huge.

Found this video on a US website - this is surely exactly the areas we should be targeting to drive sales in this product.
https://edtreatment.info/a-new-device-for-treating-premature-ejaculation/

why the sudden drop? Results due soon - should be ahead of expectation so over £9m. Give sus a P/E of c6. Silly valuation IMHO

you may be right but the potential upside is huge.

This is predominantly meant to be a zinc mine yet we have 13m oz of silver. Silver is currently valued at £14 per oz, and rising.
That's £182m just for the silver. If only 5% is included in the EUZ valuation that's £9m alone and the company is currently valued at £4m. I think the rewards massively outweighs the risk IMHO

also re results you mention that they will be H2 weighted. I agree they were last year but why going forward? If we have c47 odd contracts I would expect these to be evenly spread over the year and any payments will probably be more frequent than annual e.g. quarterly. Clearly not all will be generating income yet and some will be bigger than others but why the H2 weighting? Thanks in advance

https://www.morningadvertiser.co.uk/Article/2019/04/30/How-much-is-rum-worth-in-the-UK-alcohol-market

Rum sales in the UK keep climbing which is great, but so does the completion - Bicardi has moved into this space quite aggressively.

Checked out LWCs website - they supply wholesale to pubs, clubs and bars throughout the UK.

They have over 200 rums and 350 gins. Unless you are established or get on their offers page it is difficult for smaller brands to compete.
Unfortunately can see the share price declining further - IMHO!!