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Just Buy or hold till results come out.
Still think they will get bought out myself.
DYOR
Last year- this stock had a massive upside, with the alcohol free hand gel technology- but they kind of missed the boat with poor marketing [I feel they had a massive opportunity to advertise in the middle east countries where some people refuse to touch alcohol]....even then the annual trading update said the turnover was 3 times the normal with profits going up too...sadly the share price did not show the same enthusiasm....
the only reason why the sp has a high of 10 was due to a massive buying that went on after a Sunday times publication regarding the company.
I am now hoping to see some revival in SP- as they have now decided to pay Dividends to the share holders[ revival of SP- not for dividends] Byotrol is a great company with great products and a nice CEO....
this year they have a great opportunity with the travel industry needing to get back to normal- the antiviral spray with 24hr protection should be put out there on the airplanes and cruiseships....
Includes me, though not with a large buy. Didn't invest in this because I'm a long term holder of Tristel, which has been a great share, but with TSTL up and BYOT down I've taken some profits and brought them over. Hospital hygiene hugely important. And all those care homes. great hopes here.
I don't disagree at all with the sentiment of your comments.
But the fact remains, the on-going slide in this stock started with the announcement of that "capital reduction". Apart from a brief (make that -- extremely brief!) reference to a "possible" dividend being paid out...nothing since.
Almost complete deathly silence from this company (hence the s.p languishing where it is at present)...apart from one early morn where it rose like a stirring ****erel to loudly trumpet their own self-defined standards of industry excellence.
Someone must have shot that damned irritating bird...not a single crow since.
I think buyers are getting in ahead of results due at the end of the month.
I’m sure the Mail On Sunday will be issuing a buy recommendation in the next couple of weeks, and I’m hoping that this will make the price move. It’s so static I wondered if it had been suspended
Hard to argue, in the absence of any meaningful RNS, against a lot of the prevailing negativity that is being hurled around regarding Byotrol's financial progress (or rather...lack of) at this moment in time.
Hence the present value of the s.p.
Without that "meaningful" RNS today the stock is now looking perfectly primed for a fall all the way down to 4 point something pence.
Apart from one self-aggrandizing proclamation that amounts to zilch in all reality...nothing.
This stock reminds me of the Mary Celeste: an abandoned, spooky little craft floating aimlessly around on a eerily motionless and wide open sea. Hardly a sound to be heard.
So stt you write"
"Therefore, whilst Byot had a huge increase in orders in H1, I don't think it's continued at the same record level achieved during the early months of the pandemic (Q4, fy2020 and H1 2021, Apr-Sept)."
You obviously then believe that the share price should be lower than it is at present so are you recommending -like you have been -to short sell Byotrol.If you are then say it instead of posting half truths.
So here is why we should listen to your advice,from the other site last Feb 2020
"sikhthetech 20 Feb '20 - 10:47 - 4540 of 7660 0 0 4
Brownson
"I fear byotrol has missed the boat. "
"The public (and commercial customers) will have forgotten all about this in another couple of weeks."
Exactly. Covid-19 isn't even front page news anymore."
As with any products in huge demand, other companies adapt and enter the market. Therefore, whilst Byot had a huge increase in orders in H1, I don't think it's continued at the same record level achieved during the early months of the pandemic (Q4, fy2020 and H1 2021, Apr-Sept).
One such example of others entering the market is Virusend - developed by the British Army. Within a few months, developed, tested, BS standards achieved, widely used and already on sale.
Developed in conjunction with the British Army and used by them across testing centres around the UK. Also on the UK govn website, so promoted by them.
"A breakthrough innovation, VIRUSEND is currently the only disinfectant available to home consumers that is a full spectrum bactericide and proven to eliminate the human strain SARS-CoV-2 Coronavirus (Covid-19 virus). Tested to the stringent BSEN:16777 standard, and developed in conjunction with the British Army (who already use it), this military-standard spray will kill Coronavirus in one minute. Or, to put it in plain English, this clever bottle is what you need at home to zap Coronavirus in 60 seconds flat."
https://www.lakeland.co.uk/46378/VIRUSEND-Multi-Surface-Disinfectant-Spray-Kills-Coronavirus-365ml
Army develops spray to kill coronavirus
https://www.gov.uk/government/news/army-develops-spray-to-kill-coronavirus
I have him / her on filter so can only guess what she / he might be spewing out. It also appears on the TRMR BB where the majority now filter it. Opinion is that they are dealing with someone who is mentally ill and caution is advised. Hence the filter - hopefully when they don't receive the oxygen of a response they will fade away. Sad really but they appear beyond help!
stt selective parts from the interims that actually read
Significant improvement in financial performance:
-- Sales trebled to GBP6.7m compared to GBP2.2m in H1 2020 (and GBP6.1m for the full year to 31 March 2020)
-- Gross profit on product sales increased to GBP2.3m from GBP0.9m
-- Adjusted EBITDA * increased to GBP1.2m compared to a loss of GBP0.4m in H1 2020
-- Net cash and cash equivalents of GBP1.7m at period end after substantial investment in stock
Here's the same poster on the other site with his other shorting friend back in Feb last year
ikhthetech 20 Feb '20 - 10:47 - 4540 of 7660 0 0 4
Brownson
"I fear byotrol has missed the boat. "
"The public (and commercial customers) will have forgotten all about this in another couple of weeks."
Exactly. Covid-19 isn't even front page news anymore.
Not to be trusted at all and as you can see not exactly right
Peter,
Following the tip in Aug, the sp rose sharply.
https://www.msn.com/en-gb/money/other/midas-share-tips-you-could-clean-up-with-byotrol/ar-BB180jlf
However, since then the sp has fallen back to pre-tip levels of around 6p.
Since the tip, the company published their fy2020 results and in Dec, they published their H1 results, which covered the period Apr-Sept. This was the period when there was heightened demand for all PPE, sanitisers/cleaning products.
The question is whether they have maintained the record levels of sales, ie £1m++ per month. I haven't seen any TU since H1 results confirming this.
Whereas during the early months of the pandemic they issued monthly TU saying record sales, £1m+ sales..
Facts from their H1-2021 accounts published Dec.
£590k increase in global consumer sales during H1 (Apr-Sept) when there's the biggest pandemic to hit the globe is not impressive.
So with the biggest pandemic to strike in a century they managed £997k (ex-royalty & licensing) of consumer sales!
That includes Boots, Homeandcleaning, direct website sales, global sales.
Consumer:
"H1 revenues more than doubled to £1.01m from £0.41m, including a small amount of IP-based income, versus nil IP income in the comparable period. Gross profit (on products) increased to £0.43m from £0.17m. "
"Elsewhere, sales across existing customers all increased in this segment, especially into Japan via our longstanding agents in pet and healthcare."
Professional Royalty & Licensing:
Royalty income:
fy2020 £780k,
H1 2021 £590k
FY2020:
"We also recognised revenue and gross profit from IP agreements of £0.78m, lower than the prior year (which benefited from one large IP agreement with Solvay SA)."
https://byotrolplc.com/wp-content/uploads/2020/10/FY-2020-web.pdf
H1 2021:
"including £0.59m of royalty and licensing revenue"
Royalty & Licensing income £591k (yes k)
See Segmental analysis
https://byotrolplc.com/wp-content/uploads/2020/12/H1-2021-1.7.pdf
I’m following this thread as I bought 20000 following the Mail on Sunday tip in September.
They’ve not set the hearts racing. But I know from past experience that these could fly if only we got some news. I wonder if there is a takeover going on behind the scenes. As far as I know there has been no director purchases. News might leak out before results and then it might be a question do we hang on or sell
A reminder of what was stated in the Outlook per Interim Results released on 7/12/20. I'm sure LTH know the BYOT story more than me.
Seems that 2 months plus AFTER the end of H1 (30/09/20), the management are very confident of the outlook, i.e. does NOT sound as if the management are expecting to simply "meet" market expectations.
Outlook
This was an extraordinary six months and we think the post COVID-19 world will look significantly different compared to pre-COVID. Notwithstanding that vaccines seem to be close to readiness, we expect sales to settle at levels significantly higher than pre-COVID, and our order book remains consistently higher now than at any other point in our history.
Our commercial opportunity has certainly increased in magnitude and continues to be supported by the changes we have been talking about for many years - increasing global demand, reduced supply as regulations bite and resultant industry structural change. However, we can now add to that a new awareness of the damage viruses can do if uncontained, and an increasing understanding of the risks that individuals and society run if not protecting themselves proactively. The opportunities for growth are now numerous and sizeable.
Within Byotrol we have effectively gone through several years of growth in 8 months and have had one eye at all times on scaling in a controlled way that supports long-term growth. We have done all this whilst the team has been working within the lockdown rules, at their most stringent in the north-west UK where our labs and many staff are based. Despite these constraints we have made significant changes to our team, management structure, processes and supply chain and have now started investing in marketing, advertising and promotion, PR and product proposition development research. We will report more on those initiatives at the year end.
We are pleased that the financial returns on our investments are now starting to come through - as shown by these interim results - and we remain very confident for our year end results We are now carefully investing some of the returns in Byotrol's future and remain very confident in our outlook. These are exciting times for all Byotrol stakeholders and we look forward to further progress in 2021 and beyond.
So I'm new to BYOT. Does anyone think they smashed FY 2021? i.e. results above expectations / broker forecast?
The Analysis is as follows:
According to Finncap - broker forecasted rev for FY 2021 (ending 31/3/21) is 11.5mn with PAT 1.5mn, giving EPS of 0.3p and P/E (f) of 21.7.
For H1 - they already did £6.7m (£2.2m in H1 2020) and PAT of 1mn.
So to beat broker forecast - for H2 - they will have to do in these 6 months ending 31/3/21:
Rev - 11.5 - 6.7 = 4.8mn
and
PAT (they have tax losses so no corp tax payable) = 1.5mn - 1mn = 0.5mn.
What do people think? Do you think they will be smashing this in H2?
IMO I think they did + outlook for 2022 FY - very very good. I think personal hygiene product demand has changed permanently both for individuals and businesses.
I think they are referring to the bought forward reserves i.e. as at 1/4/20 - therefore excluding the current FY.
End of year isn't till end of March so how would they even know if they had any distributable reserves now.???
Perhaps when they do get round to announcing the results they might well declare a dividend payment?
Still no statement regarding the reason for the Capital Reduction.
In fact, after they gave the paying out of a dividend as one possible option for executing the reduction in the first place, you would think, that, by now, they should have followed up with further clarification regarding the undertaking of the aforementioned.
But no. Just deadly silence. Not a peek. Zilch. Nada.
All rather irritating in all truthfulness.
There’s a lot of buying going on today. 200000 bought earlier, and quite big volumes.
Results in a few weeks. Starting to think investors are getting stuck in
Shell & Moreclean using our technology https://www.moveclean.co/defend-x-and-odor-x
Record Free Cash Flow of €963 million with their overall turnover down 10%.
Well done Solway.
Topman and top answer Matthewsdad.
Brings me back to my revision for ACA exams many many moons ago!
Yes, P and L reserve = distributable reserves for dividends payable (if the company decide to do so).
Seen it done many times before for various other companies with the same explanation and most times has facilitated a dividend.Have never seen it being used for any other nefarious reason.
much obliged to you both for making the time and replying.
I do understand, albeit being a layman's basic understanding, about Capital Reduction...but what intrigues me most is that the company only intimated there was the option of paying out a dividend.
It was almost as if it were a fleeting thought that they had briefly considered...it certainly did not come across in the text (not to my way of thinking) as being very convincing that this was their actual reason for doing it.
To be perfectly frank, it just seemed to me as if the reference to a dividend that might or might not be paid out was just a carrot to keep shareholders happy, something to veil the real reason for this reduction.
And as of yet, several months down the line it has to be said, nothing.
Nothing pertaining to aforementioned dividend that is.
A little bit more transparency from this company would be much appreciated...by me for one, leastways.
Its basically so they can pay a dividend if they decide they want to.
"In addition to the normal business of the AGM, the Board also intends to propose resolutions to reduce the share premium account and other reserves in order to create a positive retained earnings balance and hence distributable reserves which would enable the Company to pay a dividend if and when deemed appropriate"
Why the capital reduction?
I am an accountant who has not kept up with the times! IMO, the capital reduction is simply a paper exercise - for accounting purposes to tidy up the accounts. Probably recommended by their accountants? So the cap reduction should not have any impact on business activity or impact on P & L .
It's seems to be contra-ing off (cancelling out each other) so called reserves (these are not "cash" reserves but reserves to make the accounts balance ultimately). Prob. best to ask the management if u guys want clarification. You could always send an email to them.