Member Info for jon1234

Luke Johnson just bought 1.4m shares (3.6% of the company). He took control of Pizza Express in the 90's and grew the share price 20x before selling the business. He's been involved with The Ivy, Strada, Giraffe, Gail's and more. The guy has a proven track record of successfully buying and selling restaurant businesses for decades. With the recent CEO departure, there has to be takeover noises in the city. By far the largest mexican casual dining chain in the UK and valued at sub $20m. Peanuts compared to Chipotle Mexican Grill stock in the US at $70bn valuation.

Enjoyed the presentation and thought the opportunity for a pharma collab was very interesting. However running out of time for Q&A will annoy a lot of investors who tuned in. The SP dropped about 5% as soon as they said it! :(

I agree on paper it looks cheap and that's why I will continue to hold half and see what happens. But my high conviction on the stock has gone.

The ARR multiple remains undemanding and they have some high calibre clients on their books. Fingers crossed no news is good news!

After 18 months holding, I've finally lost patience and cut half my position at a 50% loss this week. IMO we've not had a sniff of exciting news from the company in CY22. I assume they'll just keep tapping up William Currie & Terry Leahy for further rounds of funding. Therefore why bother entertaining retail investors with trading updates and investor roadshows. The silence has been appalling.

Christ! Maybe it's the recent options granted for 'motivation'. I honestly don't know what's going on here and I've gone from comfortable last year to very uncomfortable on this holding. And that's not just the emotions of a SP decline. We're halfway through the year and I don't feel like we've been meaningfully informed about how the business is performing. It's a really poor show from Yoav.

Feels like it's all centred around the value proposition of brandshield 3.0. If they keep improving the platform and new and existing customers see value, then a takeover might be on the cards. A 50% premium on the current SP would be peanuts for a buyer of proven technology. You could envisage a large cybersecurity company seeing this as a potential cheap bolt on to their current service offering.

3 funding announcements in less than 9 months isn't a great look. I'm hoping William currie do still believe and its not a case of keeping the lights on to avoid losing what they've invested so far.

Absolutely - valued at 2x ARR is definitely undervalued with the growth rates achieved.

However that doesn't offer much comfort to the share price performance. The cash burn seems to be the big question mark as the market looks like its preparing for a placing in the midst of a savage bear market.

However:
They raised, albeit small, less than 4 months ago.
They also have a debt facility with a leading Israeli bank.
They have William Currie who they could hopefully tap for additional funds like last time. I would hope if they built a position in the teens and the thesis hasn't changed, they'd dip into their pockets again.

I know there's good skin in the game already with the board, but I'd like to see a director buy soon please!

Ive been a shareholder for well over a year now and am sitting on a large % loss. The 7% William Currie stake and the regular contract win updates have kept me invested. I wish they could name the clients - it would make a huge difference to investor engagement with the company. I know that's somewhat out of their control, however I do think the company needs to be doing more investor relations activities. They hosted an investor meet call a few months ago which offered great insight. I'm not sure why they haven't made similar efforts since...or is it that they've sold the vision to William Currie Investments so job done?

And Brandshield is valued at 3x ARR and that multiple will be falling rapidly on the growth projected. The SP will reflect the business eventually.

I sold out for 3.5p on the 6th Dec RNS as it was clear from the language used that no sponsorship would be announced before year end. Bought back in today for 3p. Just got to sit and wait. There's very little downside from here.

Or William Currie adding again. Was buying in September and November. Why not buy more in January as its cheaper still. I implore people to look at their website and see the calibre of advisors! Also look what happened to Eagle Eye Solutions share price, which they have 11% stake in. Follow the smart money!

*£19m mcap

$5m ARR against a $19m market cap I think is very reasonable when you look at the growth rates achieved and projected by the company. Board are targeting $13m ARR by June 2023. The cash from we shop will be coming in and there's a bank facility in place already, so no share dilution on the cards. This looks a great valuation if you show some patience.

No mention of the environmental permit is probably what caused the drop. We're now 6 months late on a critical piece of the puzzle and there's radio silence.

However saying that, everything else seems to be moving forward and the directors have all been buying in November. So I don't suspect there's an issue.

If we 6p again, where our strategic investors piled in $millions, then I'll be adding more. GLA

That's a very good observation on eagle eye solution. The share price exploded on ebitda positive performance. William Currie have a big stake and I'm sure envisage similar results from their investment in Brandshield saas platform.

In one presentation, brandshield commented that they could operate profitably today if they didn't have such a strong sales and marketing drive. They defended their approach and said growing ARR is the most important metric right now. I totally agree!

But when the time is right, I'm confident they'll ease off the sales and marketing spend, have a strong ARR figure, and therefore be able to demonstrate positive ebitda.

Oh I'm sure they have some big names they can't talk about. I'd like to think "one of the world's leading e-commerce platform" means a top 10. And almost all of them would be easily recognisable to an average Joe investor.

Bristol Myers are of course a juggernaut, and the share price rightly shot up at the time of their naming as a Brandshield client.

The SP has since halved with investors abandoning small caps in general. Brandshield have only had more positive news flow since but that's the 2021 market for ya.

I'm still super bullish on the company but todays rns was hardly 'news'. It highlights the market opportunity, which is clearly sizeable and growing. More of an FYI on why to invest here!

I remain confident this can double from here in the next 12 months with unnamed contract wins alone. If they ever manage to persuade a juggernaut to be named in an rns, the share price will go bezerk!

Absolutely. I've used the past few weeks to build a large position (for me). Good to see William Currie have had the same idea. Follow the smart money - they have the ex Tesco CEO on their advisory board.

Also worth catching Yoav's presentation at Carleton club (Zak Mir). So many highlights to mention.

Yoav can see us growing from 100 customers to 1000 - 2000 customers in next 3 years.
If any big cybersecurity want to enter this specific area Yoav believes they will look for m&a rather than invest in building their own solution.
'MyShield' could be massive! (B2C rather than B2B)
Customer base sounds almost limitless. They've sold brandshield services to celebrity families as well as companies.

Shocked to see the share price remain flat on yet another contract win. Unless they're playing loose with the true, one of the leading ecommerce sites in the world to me implies at the top 10-20.

Just consider the top 20 in the world and any one of them on board is a huge endorsement for brandshield. These are the likes of amazon, ebay, aliexpress, rakuten etc. Take your pick, its impressive.