The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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.
They published their fy2020 audit results last Tues. I'm surprised there's been no comment on them at all.
Like you didn't post the same message on every other message board out there
We're now 1 week into H2 for fy2021, yet still no audited results for last year, fy 2020.
stt thanks for your response. Looking through your posts, I doubt you can find anything positive to say about Byotrol. I guess you're not invested.
Maybe you'll be proven right but I rather like this one.
We've talked about this. Everyone's sales spiked but for most it didn't mean incremental sales, just concentration of demand into an earlier period.
The key thing for byotrol is the covid opportunity has turned into medium to long term demand. More contracts, more interest from customers, more product sales (less reliance on one off revenues).
All very good news.
Tiptree
"UK lockdown began on 16th March" "acid test is 1st half"
They announced a spike in sales during Feb/March will be included in yesterday's results.
H1 ends next week. They have said there was a summer lull.
"Our forward order book now sits at £1.1m, reflecting a modest summer lull in purchasing activity and to some extent the evolution of the customer base. ."
https://byotrolplc.com/wp-content/uploads/2020/09/2020-09-23-Prelims-RNS-FINAL-pdf.pdf
On the face of it, disappointing. On the other hand, UK lockdown began on 16th March, two weeks before the period end for these results. Surely the acid test will be in the half year and full year results to come. I'd almost suggest with today's drop, it might be a great time to buy in. Or maybe wait a while but do keep watching.
Agreed. No massive spike or kick on as a result of COVID. Crazy some biotech firms are flying and yet these - with the perfect technology - can’t make more money. Need a clear out of senior management team IMO
The results were disappointing. They missed their expectations, published by Finncap in Dec 2019.
The expectations were pre-covid, only 2 months before the spike in sales in Feb/March with sales of approx £1m revenue per month. Therefore, they should have significantly beaten those expectations but they didn't.
The actuals v expectations - (actuals include spike in sales Feb/March, expectations ex-covid):
Revenue: £6.07m, expectations £6m. (Only up 1% thankfully spike sales in Feb/Mar)
Adj Ebitda: £0.26m, expectation £0.4m (DOWN £0.14m)
GP: £2.89m, expectation was £3.2m (DOWN £0.31m)
Net Cash: £1.42m, expectation was £2.6m (DOWN £1.18m)
Finncap notes, free to register:
https://researchlibrary.finncap.com/File/View?file=7094521d-4d9d-42a3-864b-af02865358d5