The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Is a buy out on the cards .? May be worth picking some up.
wfere are the buys here..
aim what a game
before... absolutely new territory for me...
can't make head or tail of it...
gla.
like for like revenues were up 15% per cent, the increased margins are what caused the drop
Tu! 1.3...I've seen many poorer RNS's than that and the sp has gone up! So, what's the story?
just bought 65k shares for 13p they dropped the offer on last buy to make it look like a sell...
can't for the life of me understand why this is in the red... be quits by end of day, i reckon. re****s looked positive...
gla.
Acceleration into growth in 2018
The group is seeing increasing demand for integrated, end-to-end marketing services, with 13 of its clients using two or more of its partner companies, while four clients use three or more.
Around 30% of revenue is coming from clients using two or more Be Heard partners and 2017's 46 clients wins including the first to go for the whole kit & caboodle, using all of the Be Heard Partners.
“We now have 330 digital experts covering data and analytics, integrated creative, media, content and UX, design and build. We continue to see an immense opportunity ahead for Be Heard, as the traditional holding groups scramble to adapt to changing client needs,” Scott said.
"Against a backdrop of weakness in the sector, we have seen strong new business momentum in 2018 to date, at both group and partner company levels, after some existing clients were slow out of the blocks in the first quarter. We are optimistic of further progress in the year ahead as we help clients navigate the digital customer journey," Scott said in the 2017 results statement.
The group is investing heavily to support its growth ambitions
Digital marketing services group Be Heard Group PLC (LON:BHRD) has been around a little over two years and is ready to shift gears.
Phase one was all about building an integrated, end-to-end platform to offer connected, digital marketing services.
READ Be Heard Group optimistic of further progress
Phase two is about driving organic revenue growth by maximising collaboration across its partner agencies.
Results for 2017 revealed that billings climbed to £34.67mln in 2017 from £28.85mln in 2017 while net revenue more than doubled to £19.55mln from £9.49mln, including a 25% increase in organic net revenue.
The company’s ‘buy and build’ strategy is bearing fruit, with the acquired units small enough to be agile and responsive to clients’ needs, while the opportunities for those units to work together means the group can offer a broad spectrum of services.
It is still early days for the group, however, in terms of achieving scale and 2017 saw the loss before tax widen slightly to £3.95mln from £3.66mln in 2016.
The group's performance was hit by a reduction in activity towards the end of 2017 at its MMT, agenda 21 and Freemavens units and some deferral of existing and new contracts to 2018.
These developments occurred very late in the year, leaving the group little or no time to adjust costs, which meant lower revenue resulted in lower margins. In addition, MMT suffered cost overruns on a substantial contract.
On the bright side, the group's Kameleon content marketing agency, returned to profitability in the final quarter after a difficult first half.
The improved performance came under a new leadership team led by Richard Armstrong, who co-founded Kameleon in 2008.
Turning. Everyone buying now getting 30% discount on a pretty sound growing company. Don’t get that often. Markets sometimes give you that opportunity.
Management has a decent pedigree
The group was set up by Scott, who started his working life with Ogilvy and Mather and co-founded WCRS, which to quote his biography ‘morphed’ into Aegis under his tenure as boss.
The business was eventually sold to Japanese rival Dentsu for £3.2bn. After that, he created Engine Group, which was sold to private equity for £100mln in 2014.
The company, which made its début on Aim in November 2015 following a reverse into Mithril Capital, is currently valued at around £20mln.
The short-to-medium term plan is to turn it into a £100mln turnover business focused on digital marketing – be that user experience (UX), driving traffic to sites, content or data analytics.
Scott and the team have spotted a gap in the marketplace, according to Paul Richards, an investment analyst at Numis Securities.
“While the global holding groups continue to add revenue and capability through acquisition, they are often perceived as less able to innovate and adapt as quickly as the smaller, digital specialist,” he said in a research note.
However, the smaller digital specialists lack the access to capital, talent and experience to scale and win larger clients. Be Heard plans to build a mid-sized network that combines scale, expertise and agility.
Being paid
Nice to see others join us
Agree oversold by the looks of it
Currently sub -1.35p to buy and I've well taken advantage of the drop for a lump.
can not unstand why people sell at this price
good rns me think
im in too
Oversold
Rns: ‘..Group revenues in excess of £14 million, +70% vs Last Year. Like for like revenue growth of 15%.Latest industry estimates suggest an uptick in UK marketing and advertising expenditure in H2. Digital continues to drive market growth.
It will finish flat at least
The first half of 2018 saw strong overall growth in revenues, with the top-line up 15% on a pro-forma basis but the increased costs associated with winning new business means the gains will not fall through to the bottom line, and this will also be the case in the second half of the year.
The board said it now expects adjusted underlying earnings (EBITDA) for 2018 will be in the range of £3.0mln to £3.3mln on revenue of around £29mln.
“The board remains confident that Be Heard is well positioned to take full advantage of the demand for integrated, end-to-end marketing services,” the group said.
see some big buy come in
aim .. funny old game
In April, revenue increased by 72% and sp dropped 30% lol, it will rise soon
i guess that triggered the drop
First half and full year earnings progress will not mirror the high rate of revenue growth. We expect our margins to reflect the increased costs associated with winning new business, uncertainty around contract timing and moreover, client spend volatility. To mitigate this, we have begun a process of reducing costs, streamlining our business and centralising Group functions where appropriate. We expect to see the benefits of these actions in the second half of 2018, with the full effect in 2019.