Little Beauty Left in BWX Imbroglio
Melbourne-based beauty products group BWX has once again failed to live up to its own promises to produce its audited accounts for inspection by the end of November.
Read MoreMelbourne-based beauty products group BWX has once again failed to live up to its own promises to produce its audited accounts for inspection by the end of November.
Read MoreD-day for stricken Melbourne-based makeup and lifestyle company BWX, which has finally set a date for producing its much delayed 2021-22 accounts three months late.
Read MoreShares in beauty group BWX plunged yesterday after they came out of a trading halt requested last Friday as the company revealed its financial position had all but collapsed.
Read MoreThe Outperform rating is retained and the target price decreases to $2.20 from $2.40.
Read MoreBack in 2017, I coined the phrase ”Green Movement” and over the year in my column on ShareCafe, I specifically focused on several stocks that would benefit from the world going green. This included everything from electric vehicle penetration, renewable energy, and even the move towards organic products. 2017 ended up being a great year for the “Green Movement”.
Read MoreMelbourne-based skincare brand owner BWX and Brisbane based travel group, Helloworld have joined the growing list of companies raising funds from the market with news they are looking for around $50 million each.
Read MoreUS sales of cosmetics were down -40-62% in the four weeks to April 18, the broker notes, with weakness extending to suncream and shampoo, reflecting no one going out to shop. The US represents 49% of BWX sales.
Read MoreWhen it comes to small caps that have lost their way, it’s all too easy for investors to banish them from their portfolios and move to fresher pastures. In fact it’s quite cathartic. But don’t be so hasty: enterprises rarely evolve in a neat linear fashion.
Read MoreAnother confession from a one-time growth darling yesterday that left shareholders considerably poorer on the day. Shares in BWX plunged more than 30% at one stage when the company sprang a surprise earnings downgrade for 2018-19 and re-organisation on the market.
Read MoreFrom a boom share price and a takeover bid at $6.60 a share in May to gloom and a rapidly sinking share price in October for skincare maker BWX.
Read MoreNo wonder shares in skin and hair care group BWX leapt more than 40% at one stage yesterday after receiving a stunning $800 million-plus buyout offer from two senior executives and US private equity group, Bain.
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