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Moniman
"New contracts secured in the period contributing £14.8 million of annualised revenue."
£14.8m NEW contracts, announced at H1.
Plus the recently announced £13m, which was 30% uplift on the original.
Mcap only £8.5m
Https://youtu.be/uTWJEQ9git0?si=BY2xDKocCQLunXU1
Explains It All …….
All Questions Submitted……Were Answered ……
Pretty obvious where this is heading virtually out of cash a raise seems the only option expect massive share price dilution!
I agree, maybe the current management team could allow it to go into administration and then buy the company back for 1p from the administrators if it goes that way? Looking at the last interim figures things looking shakey, maybe that's why the share price has collapsed I wonder? The figures from the recent interim results look a bit concerning to any prospective new investors don't they? Cash was down to just £1.7 million from £6.5 million previously by the look of things? Jmo Adyor!!!
· Group turnover down 20.6% to £55.8 million (H1 2023: £70.3 million).
· Gross profit down 18.5% to £9.7 million (H1 2023: £11.9 million).
· EBITDA excluding exceptional items £1.1 million (H1 2023: £3.4 million).
· Exceptional items of £0.5 million relating to restructuring costs (H1 2023: nil).
· Loss before tax of £1.9 million (H1 2023: £1.0 million profit before tax).
· Adjusted loss before tax of £1.0 million (H1 2023: £2.0 million profit before tax).
· Cash position of £1.7 million at 30 September 2023 (31 March 2023: £6.5 million).
· No interim dividend proposed at this time (H1 2023: 0.125p).
· New contracts secured in the period contributing £14.8 million of annualised revenue.
They might well buy in but it will be at the upcoming placing. Why would they buy now at 4p only to be massively diluted, when they'll be able to buy in a few months (or weeks) at 2p.
All Explained In The Interview…….
On the way here IMO. Looking at the last accounts TLY must be running on fumes already! Be very careful here folks.
Why such a HUGE cash burn?
These figures from the recent interim results look a bit concerning to any prospective new investors don't they? Cash was down to just £1.7 million from £6.1 million previously by the look of things? Adyor!
· Group turnover down 20.6% to £55.8 million (H1 2023: £70.3 million).
· Gross profit down 18.5% to £9.7 million (H1 2023: £11.9 million).
· EBITDA excluding exceptional items £1.1 million (H1 2023: £3.4 million).
· Exceptional items of £0.5 million relating to restructuring costs (H1 2023: nil).
· Loss before tax of £1.9 million (H1 2023: £1.0 million profit before tax).
· Adjusted loss before tax of £1.0 million (H1 2023: £2.0 million profit before tax).
· Cash position of £1.7 million at 30 September 2023 (31 March 2023: £6.5 million).
· No interim dividend proposed at this time (H1 2023: 0.125p).
· New contracts secured in the period contributing £14.8 million of annualised revenue.
Listen To The Interview …..
How much cash does totally have left in the bank and is there a huge risk of a dilution if new shares are issued?
Https://www.totallyplc.com/investors/shareholder-information/shareholdings/
Is It Time …..For 1 Of The Big Boys …..To.Start Adding ….
He strength of this business is in its nationwide presence, excellent reputation and high professional standards. These factors, combined with an increased focus on innovation to develop new solutions, should see us prosper despite the challenging backdrop.
Simon Stilwell
Internally…If Pioneer Was Valued @ …£13 Million ….
One Question Asked …..Related To Pioneers Contribution ….The Answer I Believe Was ….25%..
So I Presume …….Internal Valuation Would Be ….Circa ….£52 Million
Numerous Tenders In …….Team Ready ……
Got it ……Wendy As Honest As Ever ……
Personally Adding @ These Levels ……
Cashking,
Those are the only 2 I'm aware of. They work for me, so could be a setting on your device.
Stt1 …….Any Other Links …..Those 2 …..Don’t Seem To Be Getting The Interview….
Cashking,
H1 presentation.
The company answer a lot of questions.
https://youtu.be/uTWJEQ9git0?si=BY2xDKocCQLunXU1
or
https://www.investormeetcompany.com/totally-plc/register-investor
Bubblebee,
Like Hallsworthy, 1gw_ is invested in HVO and was also in Trmr, byot. Remember Radium?
Read 1gw posts on TLY thread on advfn. Nothing he has said has come true.
Read Nano thread on advfn. Search for "SOL"
The post tells you exactly what has been happening on TLY.
Cashking,
Absolutely. Not only Pioneer Healthcare. Urgent care and Company Staff Wellness divisions.
UC recently won a £13m contract, with 30% uplift from the original, from NHS England, national level. That alone counters the misleading deramping posts.
Revenues £100m with a recent £13m contract at national level.
Cash as of H1 £1.7m
Mcap £8.5m
1gw_
You post selected metrics to suit your agenda, depending on whether you're ramping/deramping.
HVO has liabilities yet you prefer not to mention them. Likewise, so did Trmr, Byot, rthm etc, Byot crashed 95% and the others around 80% based on the red flags I posted.
TLY paid upto £13m, part cash, part deferred cash, part share issue. That is perfectly normal for a company to do so. In fact your Byot and HVO have done exactly the same, yet you don't express any concerns with them.
"The total consideration for the Acquisition is up to £13.0 million (the "Consideration"), on a cash-free and debt-free basis. The Consideration is to be paid 80% in cash and the remaining 20% will be satisfied by the issue of new ordinary shares in Totally. £6.9 million is payable on completion, on a cash-free and debt-free basis, and up to £6.1 million is payable on a deferred basis, based on the financial performance of Pioneer in the year ending 31 March 2022."
https://ir.design-portfolio.co.uk/viewer/100/29531
Could Someone…Post Wendy’s ….Results Interview…..Can’t Seem To Find It …..
Parob,
What happened?
I haven't posted any company newsflow, bear points or obvious red flags on HVO since 10th. Yet the same HVO posters have continued to post misleading posts here.
Not surprising though, was it?
Most other companys have liabilitys its nothing new furthermore TLY liabilitys are significantly less than the previous year
And what about the £11.4m net tangible liabilities (as of interims balance sheet date 30/9/23)? Wouldn't any sum of the parts valuation based on divestment have to cover at least that as well as the market cap before you got to breakeven vs the status quo? And probably a lot more than £11.4m if you assume that all intra-group loans would have to be repaid on the divestment of a subsidiary.
i.e. all the main operating subsidiaries have positive net tangible assets don't they? Whereas on a consolidated basis Totally plc has a large net tangible liability position. This is possible because cash has been lent by subsidiaries to other group companies and then used for various purposes, such as acquisition. In the lending subsidiary those loans sit as current receivables and contribute to the net tangible asset position but on a consolidated basis they disappear as they are intra-group transactions. Any buyer of a subsidiary would be likely to demand that intra-group loans be settled at completion, wouldn't it?
As examples, as I read the accounts, Vocare Limited was owed £11m by other group companies and Greenbrook Healthcare (Hounslow) Limited was owed a net £12m by other group companies, both as of 31st March 2023. Totally plc, on the other hand, in the company (rather than consolidated) accounts at the same date owed a net £27m to other group companies.