Member Info for stt1

‘I’m so frustrated how they treat these stories’: Publishers find coronavirus keyword blocking drops ad demand for homepage placements

"As the coronavirus pandemic continues to dominate news cycles the world over, advertisers have been quick to add terms related to the virus to their keyword blocklists to avoid any potential brand safety fallout from appearing adjacent to grisly articles. But entire news-site homepages are also inadvertently being blocked as a result — which is even interfering with inventory that was directly sold by publishers’ internal sales teams."

https://digiday.com/media/im-frustrated-treat-stories-publishers-find-coronavirus-keyword-blocking-drop-ad-demand-homepage-placements/

Nickel,
"Burning through cash"

If they need to raise cash then would they have a problem given their accounts are not qualified?

"The Directors have made every effort to resolve this matter to our auditorâ„¢s satisfaction, without success. Whilst it may have been possible eventually to obtain a suitable response, the length of time this may have required was indeterminate, and the Board took the decision that the interests of shareholders were best served by publishing the accounts with the consequential qualified audit opinion but resulting in the lifting in the suspension from trading on AIM. Since the year end we have transferred over £86,000 of the aggregate amount from the bank concerned to another commercial bank and intend to transfer the balance shortly"

https://byotrolplc.com/wp-content/uploads/2019/10/2019-10-11-Posting-of-accounts-and-restoration-B-3.6.pdf

Yes, NHS 111 is very busy...that's why the government have given the NHS a blank cheque.
and recruited hundreds of extra staff..

They have also asked people to use NHS 111 online to free up call handlers so they can address more urgent cases...

"I urge people who think in view of what were saying about their potential symptoms that they should stay at home not to call 111 but to use the internet for information if they can, Boris Johnson said."

https://www.thetimes.co.uk/article/coronavirus-dont-call-nhs-111-line-with-mild-symptoms-cnqcms5mc

COVID-19: More than one million access NHS 111 support for coronavirus

"The service provides people with approved advice and frees up clinical call handlers™ time so they are able to prioritise 111 phone callers experiencing symptoms."

https://www.digitalhealth.net/2020/03/nhs-111-online-coronavirus/

The demand is there, that isn't the problem.
Byot will get some extra sales like they did during Swine Flu.

Question is whether Byot is in a position to supply this time.
They are still seeking a partner in USA. They don't supply any UK supermarkets.
Is there a supply chain issue?

"Supply chain risk
The Group's supply chain is undertaking a period of change with the Group seeking to establish relationships with higher quality manufacturers. Agreements with new hand hygiene and surface sanitiser manufacturers have been initiated and a new distribution company is in place."

https://byotrolplc.com/wp-content/uploads/2019/10/Byotrol-Annual-Report-FY-2018-19.pdf

Kiwi

"Of these, four have been rated ‘require improvement’ "

That's not the case.
There is only 1.

https://www.cqc.org.uk/provider/1-199793496

Nickel
"Burning through cash"

Look at the history... Sound familiar... Repeating itself..

Swine Flu

Massive increase in Hand sanitiser sales.

Use alcohol based sanitiser.

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

They STILL seeking a partner in US.

They have been for months..

Covid-19 has been around for 3 months!!

Why isn't anybody scrambling to sign up..

Huge opportunity lost..

Look at their revenues from consumer division anyway. £35k from consumer, ex Petcare for whole 6 months...

Interims:
According to their interims, published only 2 months ago,revenues for H1 from consumer segment were only £410k, which included a contribution from Tescos, a contract they have lost.

so consumer REVENUES were about £35k from non-Petcare for the 6 months

Even a 10 fold increase in consumer sales, ex petcare will only be around £350k revenues over 6 months.

Given Byot based Boots product has been sold out for 4 weeks, I doubt they will significantly increase consumer, ex petcare, revenues.

"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

Don't need Byot facility to make hand sanitiser...

Hand Sanitizer Shortages Push FDA to Let Pharmacists Make It

"The FDA is encouraging licensed pharmacists and physicians to create batches of hand sanitizer to cut back on spot shortages that, thanks to the new coronavirus, have pushed consumers to make their own."

"That’s why the agency said Saturday it won’t take any enforcement action against certain facilities or licensed professionals who make hand sanitizer for consumer use as long as they use high quality ingredients and follow a recipe laid out by the agency. That recipe includes suggested volumes of alcohol, glycerol, hydrogen peroxide, and sterile water."

https://www.bloomberg.com/news/articles/2020-03-14/hand-sanitizer-shortages-push-fda-to-let-pharmacists-make-it

Govns need Private providers and will do anything to ensure they continue.
UK govn have already given a blank chq and NHS are talking to private providers asking for help.

Coronavirus: France imposes lockdown as EU calls for 30-day travel ban

"The health minister, Salvador Illa, said private healthcare facilities would be requisitioned for coronavirus patients, and manufacturers and suppliers of healthcare equipment must notify the government within 48 hours."

https://www.theguardian.com/world/2020/mar/16/coronavirus-spain-takes-over-private-healthcare-amid-more-european-lockdowns

Chris
"LV will be buying them from BYOT just rebadged"

It says clearly in the article they will use their production line to manufacture it.

"Louis Vuitton owner LVMH will use its perfume production lines to start making hand sanitiser to protect people against the coronavirus outbreak."

https://www.bbc.co.uk/news/business-51868756

Looks like L Vuitton taking over Byot's potential sales by the looks of it.


""These gels will be delivered free of charge to the health authorities," LVMH announced on Sunday."

https://www.bbc.co.uk/news/business-51868756

That looks like a sell..

Look at the time..

"Delayed Buy 146K"

where did you see that?

Kiwi,
"US Partner will probably be announced in next RNS"

By the time a partner signs and they find new clients, supplies are delivered the outbreak will mostly over.
And that's IF they find a partner soon. They have been searching for one for months.
The trial at Target ends in 2 weeks.

Missed opportunity.

" In the US, we continue to seek a partner for Byotrol24 and are now engaged in a number of early-stage discussions. As this process continues we are reducing marketing spend linked to the Target retail trial and are now expecting the in-store trial to lapse at the end of March 2020. We hope to be in an alternative relationship with a better risk/reward profile by this time."

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

Missed opportunity during the early stages of the outbreak.

Byot were close to signing a 2nd national US retailer for trials.

Why did that retailer walk away?

" We are also now close to securing an additional new national retailer trial in the US. "

https://byotrolplc.com/wp-content/uploads/2019/05/2019-05-09-Trading-Update.pdf

They are still seeking a partner in US.

I think it's missed opportunity not to have a partner already setup.

Lucan, same reason Kiwi is mentioning Reat and Lid.

NHS 111 are at the forefront to combat Covid-19. The govn have given the NHS a blank cheque so NHS 111 will be protected.

Thoth
"so thats a £7m funding gap which has grown from the full year numbers"

Fy ends in 2 weeks... You forgot they bought Greenbrook last summer, a profitable company.
So pointless comparing to the previous fy.

They said they have £8.4m in the bank and since interims, they have won contracts worth millions.

Post period end:

· Vocare secured contract extensions worth c. £16.6 million in South West London and Scarborough

· Key new contract worth c. £8.3 million secured by Greenbrook for the provision of an Urgent Treatment Centre in Watford, currently being mobilised

https://polaris.brighterir.com/public/totally/news/rns/story/w02vqlr

Thoth,

"Current assets £21.7 m. Current liabilities £29m. That is a £7.3m funding gap on TYL."

Read the interims, you'll see:
TLY also stated that they have £8.4m in the bank.
and post period won new contracts, £16m for Vocare, £8m for Greenbrook and £8m for About Health.

and they pay a dividend.

I'm expecting £100m++ revenues for fy end, which is end of this month.

Thoth,
"TLY interims suggest a funding gap of £7m. "
There is no funding gap of £7m, you're making it up.

Talking about accounts, Have Byot's accounts been qualified yet? Remember Byot shares were suspended last Sept because they failed to publish their fy accounts within 6 months of fy end.
FACT.

From Byot's fy

Also whether they have found a replacement after losing the contract with the major supplier Robert McBride plc...

"The Directors have made every effort to resolve this matter to our auditorâ„¢s satisfaction, without success. Whilst it may have been possible eventually to obtain a suitable response, the length of time this may have required was indeterminate, and the Board took the decision that the interests of shareholders were best served by publishing the accounts with the consequential qualified audit opinion but resulting in the lifting in the suspension from trading on AIM. Since the year end we have transferred over £86,000 of the aggregate amount from the bank concerned to another commercial bank and intend to transfer the balance shortly"

https://byotrolplc.com/wp-content/uploads/2019/10/2019-10-11-Posting-of-accounts-and-restoration-B-3.6.pdf