Updates

InnovaDerma

June 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Since the last update, InnovaDerma’s shares have been all over the place - down, up and then down.Despite telling the market that everything was progressing to plan just a month earlier, the shares were hit after InnovaDerma said that sales for the year to end June will be ahead of last year but below forecasts. This has been mainly driven by lower-than-expected orders placed by Superdrug for Skinny Tan in Q2 18, despite the brand’s continued strong in-market growth. Last year the company had trumpeted the recruitment of one of Superdrug’s senior buyers and had obviously been expecting greater things. The Skinny Tan exclusivity with Superdrug expires next January.Then the shares almost came close to doubling ...

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Frontier Smart Technology

Dunelm

InnovaDerma (October 2018)

InnovaDerma - Soon-to-be prospective PE of 10.6 (March 2018)

Innovaderma - Shares look unduly depressed (December 2017)

Innovaderma (November 2017)

Innovaderma (October 2017)

Innovaderma - Broker calls up shares to 600p (July 2017)

Innovaderma (June 2017)

Innovaderma - All time record quarter (May 2017)

Innovaderma - Beauty of the internet age (March 2017)

Innovaderma (February 2017)

Innovaderma - An enigma (January 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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