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One step closer to our £5M a year!
Solvay Gets EPA Approval for Actizone F5 Disinfectant
30/11/2021 9:08am
Dow Jones News
Solvay (QX) (USOTC:SLVYY)
Intraday Stock Chart
Tuesday 30 November 2021
Click Here for more Solvay (QX) Charts.
By Ed Frankl
Solvay SA said Tuesday that its Actizone F5 disinfectant received approval from the U.S. Environmental Protection Agency.
The Belgium company's "ready to use" cleaning product for hard surfaces aims to reduce bacteria by disinfection against a wide range of viruses and bacteria, including SARS-CoV-2, the virus that causes Covid-19.
Solvay is now working to obtain local registrations for Actizone F5 required to market in specific states, which are expected to be completed in 2022.
I’m inclined to think not much will happen.
The amount involved in payments to IDS is small in terms of sleaze involved elsewhere.
Not much impact on SP.
So the committee recommending use of non-alcohol santisers was chaired by IDS who just happens to be paid by Byot for his consultancy.. That's really bad
Especially as this has been repeatedly ramped on the regulatory tightening.
The company made claims that it benefited from the change.
The fact they omitted to say that they paid £25k a year to the chair of the committee is just as bad as the allegations against IDS.
This could have a real impact and the company needs to clarify asap.
Given the article was from yesterday, I'm surprised the company hasn't felt it needed to provide any clarity.
Iain Duncan Smith accused of ‘brazen conflict of interest’ over £25,000 job
Ex-Tory leader chaired government taskforce that recommended new rules benefiting firm he was employed by
"The report made no reference to Duncan Smith’s relationship with Byotrol, which provides the NHS with 92% of its non-alcohol sanitiser. It retains the former Tory leader as an adviser for £25,000 a year, according to his declaration in parliament’s register of members’ interests.
In a message to investors after the recommendations of Duncan Smith and his fellow former ministers George Freeman and Theresa Villiers, Byotrol welcomed how an “influential UK government-sponsored taskforce has recommended a regulatory ‘green light’ for alcohol-free hand sanitisers”. Its directors were also quoted in a report as saying that it delivered a “powerful boost” to the firm."
https://www.theguardian.com/politics/2021/nov/09/iain-duncan-smith-accused-of-brazen-conflict-of-interest-over-25000-job
Hope that’s not ominous
The Guardian says the former Conservative leader, Sir Iain Duncan Smith, also faces questions about his second job.
He is paid £25,000 a year as an adviser to a hand sanitiser manufacturer, Byotrol.
The paper says the company benefited from new rules recommended in May by a government taskforce chaired by Sir Iain
Read the transcript of the Solvay Q3 results Q&A released on 28 Oct. They wax lyrical on Actizone. If this is worthy of mention given their market cap of EUR 11 billion it must be potentially significant to Byotrol, market cap £24m. Royalty receipts typically lag sales by 6 months so I don’t expect this to be obvious in the next TU but the direction of travel longer term appears encouraging. I assume the directors are currently in close period under the rules therefore cannot buy shares even if they wanted to.
I think it's too little too late to be making those changes. They should have been done years ago...
Given they are already in H2, I think a profit warning is still on the cards..
From the company's results, only published in Sept:
"In the short-term, revenue from product sales in the new financial year to date has been hindered by closed venues from extended lockdowns, new competition, and an excess of inventory. However, the market does now appear to be stabilising and management now expect product sales for FY22 at a level some 10 to 20% below those for FY21: an exceptional year which was itself over 90% ahead of FY20."
https://byotrolplc.com/wp-content/uploads/2021/08/FY21-RNS-final.pdf
Yes only a matter of time IMO
Another little kick for evens ---takeover always lurking--new brooms sweep clean.
No TU then. Just the usual all resolutions passed.
AGM tomorrow. Will there be a TU, including cash in bank and any new contract wins.
Maybe the real innovation is in the delivery mechanism? As with the wet-wipe products, a major source of revenue, now that the manufacturer has been acquired by Ecolab all the innovative delivery and accreditation associated with this product has gone.
Not a mention of BYOTROL!
I wonder if this is why the SP is languishing; or is it because currently the BYOTROL website Product information page / link takes you to https://medi-mark.co.uk/products where you are greeted by the message “Not Found The requested URL /products was not found on this server.”
It’s the AGM on Wednesday morning - perhaps there will be explanations then as to the low profile the company has in the investment market and its consequential effect on the SP!
https://www.solvay.com/en/press-release/actizone-wins-first-place-innovation-award-sepawa-congress
https://www.londonstockexchange.com/news-article/BYOT/sale-of-byotrol24-in-the-americas/15156762
David Traynor, Chief Executive of Byotrol, said:
Byotrol24 is going to a very good home in Integrated Resources, and we look forward to sharing in their continuing successes in the Americas. We are particularly pleased with the new relationships IRI has been building - and that we have been helpful in securing - in the last 18 months and we expect them to accelerate progress now, particularly in the very large US markets, helping to underpin management's expectations for the current and next financial year.
Boots own brand Byot based 50ml sanitiser now 1/2 price..
Should help shift stock but at what cost?
https://www.boots.com/boots-anti-viral-hand-foam-50ml-10278907
I missed it. Probably it didnt strike a chord with people, Any views?
Yes
All blue this morning, after webinar, anyone see it?
So you're not disagreeing with them figures and totally is totally overvalued for something that earns £150 a day at Most
STTsBumbag,
"TLY Mkt Cap £63mil profir £55k. BYOT Mkt Cap £22 profit £1.1mil"
As you know, Byot were ramped on the back of sanitiser sales surging, Boots, MoS etc.
Their Mcap has halved over the past 12 months, since the MoS article, as the reality of the low global consumer sales sank in.
On the other hand TLY's mcap doubled as the reality of their business' need within the NHS and the significant growth sinks in. eg TLY's insourcing division for postponed operations only started in Oct 2019 and is growing strongly with significant demand ahead, whereas Byot had been going for years and demand is slowing.
Everyone needs healthcare, covid or not. Whereas the demand for Byot products reduce as more companies enter the market and as covid restrictions are lifted.
It's looking that way, and I hope it'll bottom out at the 3.5/4.5p band. Constant selling again today, and not a single buy yet. Who are these sellers? And why are they so desperate to take losses of this magnitude? Haven't they learnt anything? Handing over their pensions to the brokers. Makes me sad.
The exact quote was: "This view from the stt1 who has consistently knocked this stock SINCE IT WAS LESS THAN 1.5P". How odd that you left out the end of the sentence, which I have highlighted for your convenience.
TLY Mkt Cap £63mil profir £55k
BYOT Mkt Cap £22 profit £1.1mil
you do the maths STD
Tony_S
"This view from the stt1 who has consistently knocked this stock."
What do you think of the disappointing reaction to the results? You've gone quiet.
Any views?