Member Info for stt1

2m sell late reported yesterday, dated Fri.

A 1.5m late reported buy today, dated yesterday morning...

Coronavirus: Hope for China as report finds new COVID-19 cases falling

"Outside mainland China there have been 898 confirmed cases, with five deaths - one each in Hong Kong, Japan, Taiwan, France, the Philippines."

https://news.sky.com/story/amp/coronavirus-hope-for-china-as-report-finds-new-covid-19-cases-falling-11937069

Tricky,
"The ICO continues to offer guidance on interpretation of the GDPR framework"

No they don't. The ICO is the UK regulator to police GDPR.

The IAB exist to offer 'guidance and interpretation' of the GDPR, CCPA etc frameworks and to address any concerns the ICO have.

https://www.iabuk.com/GDPR-hub

Ad tech companies like trmr follow IAB guidance. If IAB guidance is wrong then it follows
companies following that guidance fall foul of GDPR.

When the ICO (UK Regulator) had concerns they raised them with IAB, following which IAB issued a new guidance for ad tech companies.

https://ppc.land/uk-regulator-investigates-rtb-in-compliance-with-gdpr-google-and-iab-europe-cooperate/

The company have already stated their financial position.

read the highlighted bits from the company annual report.
"which is sufficient to finance our ONGOING operations .....but NOT to fund ADDITIONAL resources, CAPABILITIES and nationwide marketing expenditure in the US."

"Financial Resources
At the year-end we had cash resources of £2.8m (2018: £3.85m) which is sufficient to finance our ongoing operations and the remaining earnout payments to Medimark’s vendors but not to fund additional resources, capabilities and nationwide marketing expenditure in the US."

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

Instant Tech News is a publication on Technology!!
Seems like they are trying to use the current outbreak to promote their publication.
https://www.instanttechnews.com/about-us/

Next it'll be read the latest report on cost of flood defences in UK!!
:-)

It's been 18months since GDPR became effective. The ICO had given Ad Tech companies 6 months and is now looking at enforcement...

Adtech and real time bidding: ICO prepared to take action

https://www.lexology.com/library/detail.aspx?g=7fe446c7-a086-4bf7-9237-c33e8884486c

Look at the date -
The trade is a 'sell' from Friday, just after 2pm...
Just before the sp dropped...

I'd say a lth or II selling...

Tricky,

"Most ad-tech fraud is committed by bad agents exploiting technical and process weaknesses found in the legitimate ad-tech ecosystem."

Why do you think blnx/rthm, now merged with Trmr, closed Leadimpact/Pinball so soon after the 2014 blog? Do you think they were exploiting weaknesses in the ad tech ecosystem?

Do you think that was why Trmr closed several rthm operations, including Perk.com??

When rthm merged with Tap, now trmr, there were high expectations for revenues..

Yet the company broker, Finncap, have reported a massive drop in their actuals compared to their expectations when the merger was completed:

Read TREMOR's interims and TRMR's Broker notes..
Read the company's broker, Finncap reports and company interims:

Finncap:
Apr 2nd 2019 - Forecasts for fy2019
Jan 6th 2020 - actuals for fy2019

Revenue: forecast $495m, actual $325m (DOWN 34%)
Net cash: forecast $113m, actual $75m (DOWN 34%)
earnings: forecast $9.8m, actual $1.1m (down 89%!!)

Company Interims Sept 2019:

Profit warning,
closing several rthm operations,
Still being affected by Industry Challenges,
Perk.com closing down - LOSS OF PREMIUM SUPPLY SIDE, DEDICATED USERS.

The profit warning from the company themselves, is there in black and white - AS EXPECTED.

" This coupled with the weakness in the Performance division year on year means that the Board believe the Company will be marginally behind full year expectations on profitability for 2019. "

The closing of rthm's operations - rthm operations not so good then? - AS EXPECTED

"Several of RhythmOne's products have been discontinued alongside its demand-side platform ("DSP"). The development of RhythmOne's data management platform ("DMP) has also been taken in-house. This initiative created an operational challenge for management, however they believe the decision will markedly benefit the company in the medium-term. The reduced development, maintenance and data centre costs form part of the wider initiative to streamline the Company's operations."

Industry Challenges continues to affect trmr - AS EXPECTED

"The performance-based division has continued to be impacted in 2019 by the well-documented headwinds which have affected both topline revenue and profitability. "

https://www.investegate.co.uk/tremor-international--trmr-/rns/interim-results/201909240700083776N/

Since interims, they closed perk.com -losing millions of Premium Dedicated Users...
plus LOSS OF CASH AND REVENUE from this year.

Perk.com closing:
"Due to changes in the company direction, all Perk applications will be shutting down on December 1, 2019. Users will need to redeem their Perk Points by November 20, 2019, or the points will expire. Thanks again for all your support these past several years!"
www.Perk.com

Tricky,

"Presumably Taptica (and others) could have supplied cleaner ad-traffic if Uber had demanded it but Uber were more concerned originally with it's own internal targets regardless, as long as it was cheap, and got what it deserved at the time.
You get what you pay for!"

Are you suggesting Tap supplied dodgy traffic because Uber didn't ask for clean traffic?
Further, are you suggesting it's ok for TAP to supply dodgy traffic if the customer wants it????Really???

All but 1 patients who test positive have now been discharged...
All 94 originally at Arrowe Park have been sent home... the 100++ that arrived only last week are still in quarantine.

"Eight of nine UK patients receiving treatment discharged"

"All but one of the nine people being treated for the coronavirus in the UK have been discharged from hospital.

They were discharged after twice testing negative for the virus, NHS England said on Saturday.

Meanwhile, all 94 people who were being quarantined at Arrowe Park hospital on the Wirral have left the site.

The patients were among the first British coronavirus evacuees flown back to the UK from Wuhan, China, which is the centre of the outbreak.

More than 100 people are still in quarantine in a Milton Keynes hotel after arriving from China last weekend."

https://www.bbc.co.uk/news/world-51514628

'but'
should read
'before it'

Frac,
" SARS didn’t affect the west"

Really!!
Sars did spread to the west but was contained within a few months.

Article from CDC, Centre for Disease Control and Prevention:

"SARS was first reported in Asia in February 2003. The illness spread to more than two dozen countries in North America, South America, Europe, and Asia before the SARS global outbreak of 2003 was contained."
https://www.cdc.gov/sars/about/index.html

"With respect: those dates are from a time when corona virus did not exist."

Exactly, the point is always do your own research and form your own opinion... If you had believed their target price when it was 9p, where would you be now?

Coronavirus' have been around for decades, although the current strain is new.

Byot initial patent was around 25yrs ago and they IPO'ed around 15 yrs ago... That's a long time to build partnerships and sales....

They had a spike in sales following a previous outbreak around a decade ago. Yet they recently lost the Tesco contract and the trial at Target was initially announced 18months and is due to end next month. I expect they will have a spike in sales, especially consumer, from the current outbreak.

The question and hope is whether they can seize any opportunities and sign any partnerships before the outbreak is old news.

Investz,
"Bear in mind that 31-1-2020, finnCap reiterated their earlier target share price of 7p."

They have previously stated 9p. They have had a 7p target price(tp) for over 18months!!!

Have a look at how their tp and compare with the actual price around the time of fy results....

fy period, sp when Finncap note published, Finncap Target price, sp after the following fy - March..

fy2017- Aug 2017, sp 4.6p, tp 9p... actual 3p, down 66% from their tp

fy2018-Aug 2018, sp 3.4p, tp 7p... actual 2p, down 71% from their tp

fy2019-Sept 2019 Byot results were delayed due to irregularities in their accounts..
sp 2p, tp 7p....current 3.15p..

Read the Finncap reports and FORM YOUR OWN OPINION...

Free to access

https://www.finncap.com/our-services/research

always best to do your own research and read the company's newsflow...

Acro

"Byotrol is led by a dedicated team of microbiologists, scientists, product developers, lab technicians, and other professionals who work hard each day in state-of-the-art research facilities to deliver “Smart Science for a Cleaner World.”™

Byotrol is devoted to the development of innovative antimicrobial solutions that improve upon traditional cleaning and sanitizing methods."

https://www.byotrol24.com/about-us/

Acro,

Byot have nothing to do with vaccines. They supply anti-microbial products - hand sanitisers and cleaning products..

1gw
"I assumed that after their October notification they carried on selling which was what helped to drive the share price down to its lows."

Could they have been selling because of the irregularities in the accounts or because Byot lost the contract with the major supplier, Robert McBride ?

"The Directors have made every effort to resolve this matter to our auditor’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

Island,
"But this is sentiment driven stt1 not fact driven."
Absolutely. This is driven by hope of new contracts, which they may or may not achieve.

The company has irregularities in their accounts. The fy2019 accounts were not qualified.
Their consumer sales, ex petcare, were only £41k, so even a huge increase in consumer sales wouldn't make much difference.
They lost the Tesco contract recently - no replacement so far.
They only supply 20+ hospitals.

"they will be looking to license the formula"

Their licence to sell to Tesco via Robert McBride plc ended recently.
They need to find a replacement asap, sign the deal and supply their products before Covid-19 becomes old news.

"Post year end we came to the end of our licence relationship with Robert McBride plc and therefore to supplying surface sprays to Tesco. This was an excellent arrangement for us for many years, but it has now run its course and we expect to generate higher margin opportunities with better brand equity from other consumer initiatives. "

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

Regarding US retailers.. Trial finishes next month...

"We continue our search for a partner for Byotrol24 in the US and have engaged professional advice to assist. Sales at Target continue to increase year on year and month on month, but are not large enough to justify continued, national marketing spend by us even at very small levels. We are now preparing for the trial at Target to finish at the end of March 2020."

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

What happened to the 2nd retailer they were 'close' to signing up last May?

" 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