vcm11

90p - 118p swing trade 200p+ LT investment

Long
LSE:IDP   INNOVADERMA PLC ORD EUR0.10
Interview on 28% increase in revenues from H1 Results. Confirms on track for £15.8m Revenues!

Confirms new product launches to come - these not in the forecasted numbers!

Excellent visibility of business (just go online, or walk into Boots or Superdrugs) ✅
Growing Revs, Growing Profits, Growing Cash, No Debts = Limited Risk, Decent Reward potential

Bought more at 61p to my investment holding.
Reason for last big dip was due to Haris leaving the business & selling his shares, we got now a new Chairman!

90p 1st target
118p 2nd target
Long term target 200p! (same as broker target although they will revise once this new product comes in)
Trade closed: target reached: Banked profits at 90p

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