Member Info for stt1

Ineos are building 2 factories and making alcohol based sanitiser as per WHO guidelines...
Byot is not alcohol based...
Facts..

The government has relaxed sanitiser rules so more companies can help boost production of alcohol based sanitiser, as per WHO guidelines.

"Commenting on the new PPE rules Sir Jim Ratcliffe INEOS Chairman said:

We welcome today’s announcement. These measures will help INEOS as we build two factories in the UK and Germany in under 10 days, to produce and supply substantial quantities of hand sanitiser gel to the NHS for free.

INEOS is a company with enormous resources and manufacturing skills. If we can find other ways to help in the Coronavirus battle, we are absolutely committed to playing our part."

https://www.gov.uk/government/news/regulations-temporarily-suspended-to-fast-track-supplies-of-ppe-to-nhs-staff-and-protect-companies-hit-by-covid-19

Frac
"Read the statement as it also states they are selling all they can make and increasing capacity "

I'm sure the company broker, Finncap, did read the company statement before they maintained their target...

Look at trades.. about £5k bought then about £5k sold...
Seems like someone rotating around 100k shares..
Smaller buys to push sp higher..

Frac,
Finncap restated the 7p last week..

The fy ends tomorrow. Byot provided orders of £1.7m to June.
Given fy ends tomorrow, Byot would have known current trading... they didn't announce any other figures..

Why do you think they raise their target price to 15p Or £60m mcap?

Oneandonly,
Governments around the world would follow the advice from WHO and their advice is to use alcohol based sanitiser..

Byot's is not alcohol based....

WHO:
"Wash your hands frequently with soap and water or use an alcohol-based hand rub if your hands are not visibly dirty."
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public

CDC:
"If soap and water are not readily available, use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty."
https://www.cdc.gov/coronavirus/2019-ncov/about/prevention-treatment.html

The government has relaxed sanitiser rules so more companies can help boost production of alcohol based sanitiser, as per WHO guidelines.

"Commenting on the new PPE rules Sir Jim Ratcliffe INEOS Chairman said:

We welcome today’s announcement. These measures will help INEOS as we build two factories in the UK and Germany in under 10 days, to produce and supply substantial quantities of hand sanitiser gel to the NHS for free.

INEOS is a company with enormous resources and manufacturing skills. If we can find other ways to help in the Coronavirus battle, we are absolutely committed to playing our part."

https://www.gov.uk/government/news/regulations-temporarily-suspended-to-fast-track-supplies-of-ppe-to-nhs-staff-and-protect-companies-hit-by-covid-19

Totally sees 'strong' financial performance as it assists NHS in Covid-19 response

https://www.sharesmagazine.co.uk/news/market/6852067/Totally-sees-strong-financial-performance-as-it-assists-NHS-in-Covid-19-response

Canaccord reiterates-buy rating.

htTps://www.streetinsider.com/Intl+Ratings/Canaccord+Genuity+Reiterates+Buy+Rating+on+Totally+Plc.+%28TLY%3ALN%29/16671519.html

Justdeezets
From your link:
"Despite recent misleading – and ill-informed – media commentary to the contrary, alcohol is not necessary in a hand sanitiser to be effective against coronavirus. "

WHO/CDC advise is to use alcohol based sanitiser.
It doesn't matter what Byot say, the official advice is everyone use alcohol based sanitiser.

WHO:
"Wash your hands frequently with soap and water or use an alcohol-based hand rub if your hands are not visibly dirty."
https://www.who.int/emergencies/diseases/novel-coronavirus-2019/advice-for-public

CDC:
"If soap and water are not readily available, use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty."
https://www.cdc.gov/coronavirus/2019-ncov/about/prevention-treatment.html

and Dettol website:

"If soap and water are not available, use an alcohol-based hand sanitizer"
https://www.dettol.co.uk/about-us/understanding-coronavirus/

Thordon
"Which country do you come from Thoth2"

Thoth, why will auditors check commercial cover?
You claim to be a Chartered Accountant yet posted this on Fri at 13.52 on Byot after a 1m buy went through and there's 430m shares in issue.
"taken someone very close to the 3% notification level on a single trade."

Clearly that's nowhere 3%!!!

During Covid-19 outbreak, traffic may be up but ad prices are falling..

‘Everyone wants control’: Traffic soars, but programmatic ad prices drop

https://digiday.com/marketing/everyone-wants-control-traffic-soars-but-programmatic-ad-prices-drop/

They increased their orders for the stated period from £0.35m to £1.7m. The period includes Q4, which finishes this week and Q1 of next year. It's very likely that Covid-19 will be under control/vaccine within the next year.

The increase in orders in the short term is about 5x.
The sp has already increased around 3.5x since the outbreak started.
The company broker has maintained their target price, despite the TU. Their TP has been 7p for nearly 2 yrs.

Therefore, I think any expected increase in sales is already in the price.

Frac,
"deal direct and cut out a level of margin "

Long term that can actually backfire... They already lost the Tesco contract..

Byot's 1 product at Boots is currently delisted, whereas other company's hand sanitisers are still listed but marked as 'sold out' .
If they have stopped supplying Boots and are looking to supply smaller quantities directly then they could potentially lose the Boots contract. If Boots have delisted the Byot product then have they already lost the contract? It's up to Byot to clarify via an official rns.

Boots have adopted a virtual queuing system but even when you gain access to the website, Byot is delisted.

https://queue.boots.com/?c=boots&e=march2020&t=https%3A%2F%2Fwww.boots.com%2Fboots-anti-viral-hand-foam%25E2%2580%2593200-ml-10231389&cid=en-GB

Totally sees 'strong' financial performance as it assists NHS in Covid-19 response

https://www.sharesmagazine.co.uk/news/market/6852067/Totally-sees-strong-financial-performance-as-it-assists-NHS-in-Covid-19-response

Thoth
"taken someone very close to the 3% notification level on a single trade."

So according to you, a 1m trade when there's over 430m shares in issue is very close to 3% on a single trade!!!

And you claim to be a Chartered Accountant!!! You're making it up, aren't you???

https://byotrolplc.com/

Byotrolfan,

I never questioned the demand or effectiveness.. The initial patent was around 25yrs ago and the IPO was around 15yrs ago..

That's a long time to convince the officials that they must use a non-alcohol based sanitiser, isn't it?
The same arguments were there during Swine flu, yet a decade later, where are Byot now???

What happened to Synergy then - a major worldwide partner?
What happened to Robert McBride, a leading European partner and supplier to Tesco?

Why are they still seeking a partner after months?

Oh btw, why didn't Byot state that their accounts are now qualified and hence they have changed auditors. Instead of changing auditors without doing so.

The company newsflow speaks for itself....I'm stating company newsflow.

Totally Plc and Russ Mould on Bear Markets

https://audioboom.com/posts/7541785-totally-plc-and-russ-mould-on-bear-markets

Lebugue,
"No wonder following the govt's guidelines on hand washing is leading to a massive uplift in sanitisers"

The same happened after swine flu..

How much of the uplift is already in the price?

Swine Flu:

Massive increase in Hand sanitiser sales.

Use alcohol based sanitiser. Byot's is non-alcohol based.

https://www.independent.co.uk/life-style/health-and-families/health-news/sales-of-hand-sanitizers-surging-ahead-of-flu-season-1816547.html

Massive number of UK infected.

"After a slow start, the virus spread rapidly in the UK in July 2009, with new cases peaking at 110,000 in the last week of that month"

https://en.wikipedia.org/wiki/2009_flu_pandemic_in_the_United_Kingdom

Yet a decade down the line, Byot revenues from Consumer in latest interims, exc Petcare, was only £35k (yes k, not millions) for a whole 6 month period.

"Headline H1 revenues in this segment were £0.41m versus £0.45m in H1 2018 (as restated). Petcare remains the largest element of day-to-day sales in consumer, accounting for 92% of consumer sales in the period."

https://byotrolplc.com/wp-content/uploads/2019/12/2019-Interim-Results.pdf

Yet they still had placings after Swine Flu outbreak...

29-08-15 .. £1.4m
25-06-14 .. £1.25m
25-06-13 .. £0.50m
21-10-11 .. £2.46m

Buys v sells virtually same..
320k v 310k

Finncap, company broker, maintained their 7p TP despite the TU this week.. they haven't changed their TP in nearly 2 yrs..

Look at the £4.97 trade at 8.10am.. to push sp higher..

Read the Company's rns from earlier this week...

Increase in orders to £1.7m up to June.

Supply chain problems.

Still looking for long term opportunities.

Change of auditor with immediate effect - Their last accounts were not qualified and their shares were suspended last Sept. I think it's highly questionable simply to change auditor instead of addressing the audit issue.

Tristel is not a new partner, they announced the partnership months ago - they were supposed to start late 2019, so are 3 months late.

Obviously sales will increase because of Covid-19 but how much of that is already in the price.

https://byotrolplc.com/wp-content/uploads/2020/03/2020-03-20-General-TU-Final-pdf.pdf