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Skinkandy Ltd ASX:SK1

0 opened or increased2 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

20 Apr 2026 to today

Commentary Showing 2 of 5

DateManagerActionSummary

21 Sep 2026Wilson Asset ManagementHeldWilson Asset Management continues to hold its position in SkinKandy because the company delivered a strong first result as a listed entity, beating prospectus forecasts on the back of 9.6% comparable sales growth and 22 new store openings. With 109 stores currently operating, Wilson Asset Management sees scope for the piercing chain to more than double its Australian and New Zealand footprint over the medium term, with international expansion expected from late FY27. The manager highlights the capital-light model supporting self-funded offshore growth, describing SkinKandy as a high-conviction holding poised for both earnings upgrades and valuation re-rating.

Newsletter, price recorded $2.80

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31 Jul 2026Lennox Capital PartnersHeldLennox Capital Partners continues to hold SkinKandy because the stock was among the fund's largest contributors during the month, rising approximately 11% against a falling broader market and returning around 25% over the rolling quarter. Lennox notes the resilience through July's market sell-off reflects a broader rotation by investors toward businesses generating earnings growth from their own company-specific initiatives rather than riding a broad thematic trend. The manager highlights that SkinKandy remains an out-of-index position for the fund, underscoring its conviction in a name not represented in benchmark weightings but delivering differentiated, self-driven earnings momentum during a period of market volatility.

Monthly Report, price recorded $2.75

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3 more comments on SK1Pro shows every comment, with a link to each source document.

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First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 2 managers first commented on SK1.

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Articles

21 Sep 2026SkinKandy's Founder Draws Direct Lovisa Growth Comparisons

About Skinkandy Ltd

Consumer Discretionary, Specialty Retail

Skinkandy (ASX:SK1), Australia's largest piercing retailer, has impressed fund managers since listing. In September 2026, Wilson Asset Management reported Skinkandy delivered its first result as a listed company, beating prospectus forecasts. In July, Wilson named Skinkandy a pick, highlighting CEO Dain Friis, and said it is among consumer names well placed to benefit as rates fall in 2027. Lennox noted Skinkandy rose 11% against a falling market. Skinkandy operates in the Consumer Discretionary sector within the Specialty Retail industry, and Thesis Tracker has captured 4 comments from 2 fund managers, Wilson and Lennox. Skinkandy is the leading specialty retailer of piercing services and piercing jewellery in Australia and New Zealand, operating studios in shopping centres and expanding its store network, and listed on the ASX in May 2026.

Market cap: $14m
Price to earnings: 408.3x
Return on equity: 1.7%
Dividend yield: 0.0%
Price to book: 6.55x
Net margin: 0.7%
52-week range: $2.13 to $2.96

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Skinkandy Ltd (ASX:SK1)?

Fund managers including Wilson Asset Management and Lennox Capital Partners have invested in Skinkandy Ltd (ASX:SK1).

What opportunities or catalysts do fund managers highlight for Skinkandy Ltd?

Wilson and Lennox highlight results ahead of prospectus forecasts, an experienced CEO, store rollout potential and leverage to future rate cuts.

What are the key risks to the Skinkandy Ltd investment thesis, according to fund managers?

The available commentary is positive, though Skinkandy depends on discretionary youth spending and successful store expansion.

What does Skinkandy Ltd (ASX:SK1) do?

Skinkandy Ltd is the leading specialty retailer of piercing services and piercing-related jewellery products in Australia and New Zealand. The company operates a services-led retail model where piercing serves as the primary demand driver. This service offering is complemented by a curated, comprehensive range of fashion jewellery and aftercare products.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

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