Replies to post #11852 on The Rising Influence of Rising Affluence

[DewDiligence]

More discussion of the thematic RVNC:

#msg-119914098

Please see the Reply chain to that post for related info.

[DewDiligence]

I’ve been steadily adding to RVNC on the way down. Don’t know where the bottom is, but the stock is now (mis)priced as though the company’s botulinum toxin will never make it to market. (Also see #msg-119914098.)

[DewDiligence]

On last night’s CC, RNVC disclosed that the full dataset from the phase-2 BELMONT study in glabellar lines will be presented at AAD this weekend, which could lift the stock today.

p.s. RVNC has strong liquidity ($254.1M at 12/31/15): #msg-120921973.

[DewDiligence]

RVNC—More on same topic:

http://www.bloomberg.com/news/articles/2016-03-22/-lunch-break-cosmetics-for-20-somethings-spur-china-botox-boom

[ChikiTiny]

Is that really any different from other high end consumer discretionary items... for example diamonds?

[DewDiligence]

L’Oréal acquires private cosmetics firm for $1.2B:

http://www.wsj.com/articles/loreal-to-acquire-it-cosmetics-in-1-2-billion-deal-1469211932

[DewDiligence]

RVNC:

Added2 $RVNC today.

— Roy Friedman (@DewDiligence) August 3, 2016

[DewDiligence]

RVNC +15%—No news I’m aware of, but I stand by this post from June: #msg-123290722.

[DewDiligence]

RVNC +63% since US presidential election (eom).

[DewDiligence]

Cover story of Time—>good for RVNC:

Replace "botox" by "botulinum toxin"...good story4 $RVNC: https://t.co/jqgSwDMCgE

— Roy Friedman (@DewDiligence) January 5, 2017

http://time.com/4623409/botox-drug-treating-everything

[DewDiligence]

RVNC—Global botulinum-toxin market to reach $7.3B in 2025, says market-research firm:

#msg-128312892

I think their forecast is actually a little low.

[DewDiligence]

Brief musings on RVNC and EOLS: #msg-141148357.

[DewDiligence]

RVNC’s enterprise value is only $880M (cheap): #msg-142681157.

[DewDiligence]

Musings on RVNC’s valuation: #msg-144655043.

[DewDiligence]

Musings on RVNC’s offering and post-offering opportunity: #msg-146164001.

[DewDiligence]

Musings on RVNC’s (shockingly cheap) valuation: #msg-147254337.

[DewDiligence]

SY IPOs 14.95M* ADSs @$13.80:

https://www.globenewswire.com/news-release/2019/05/02/1814064/0/en/So-Young-Announces-Pricing-of-Initial-Public-Offering.html

So-Young International Inc. (NASDAQ: SY) is the most popular online destination for discovering, evaluating and reserving medical aesthetic services in China.

Each ADS is equivalent to 0.769 Chinese shares, which is a peculiar ratio (10/13).

No endorsement by me implied.

*Assuming exercise of underwriter’s option.

[DewDiligence]

RVNC hits new low on ~3-month delay in BLA filing: #msg-148695823.

[DewDiligence]

RVNC—Notable comment from a competitor: #msg-149253306.

[DewDiligence]

LRLCY shares rise on beautiful quarter:

https://www.wsj.com/articles/a-whiff-of-panic-for-loreal-rivals-11572440974

[DewDiligence]

Give me my Botox!

https://nypost.com/2020/06/06/nyc-plastic-surgeons-flooded-with-post-lockdown-botox-requests/

[DewDiligence]

RVNC—Having fun with potential brand names for Daxi:

https://twitter.com/DewDiligence/status/1299436172310188034

[DewDiligence]

(RVNC)—ABBV acquires dermal-filler for undisclosed price: #msg-158759684.

[DewDiligence]

RVNC is thematic for this board:

https://www.wsj.com/articles/brazilians-turn-to-botox-to-wipe-away-that-quarantine-frown-11603645858

…dermatologists and beauty clinics in major cities such as São Paulo and Rio de Janeiro say they are carrying out around 20% to 100% more treatments a month than they did before the pandemic. It is partly due to pent up demand, they say, after many establishments closed down in March and April. However, they are also seeing an influx of Botox first timers. Many of them are men.

[DewDiligence]

(RVNC)—Botox printed some great numbers in 2Q21: #msg-165190807.

[DewDiligence]

RVNC update: https://twitter.com/DewDiligence/status/1436118956683710469

[DewDiligence]

RVNC receives FDA CRL due to manufacturing deficiencies; Daxi approval now delayed until late-2022/early-2023:

#msg-166381938 (PR)
#msg-166383002 (the new timeline)
#msg-166382900 (why I’m not selling)
#msg-166386025 (cash burn should lessen)