Member Info for stt1

Kewjosh,
"The target with trails ends next month this is a fact the only thing you do know."
Yes, Byot in Target in USA is a trial..

Boots, however, isn't. And given it's UK and Byot's only retailer for hand sanitiser, it should be easier to supply them.. But they've been out of stock all week.

Online:
https://www.boots.com/boots-anti-viral-hand-foam%E2%80%93200-ml-10231389

and check stores in London:
2 out of about 70 stores have some stock
https://www.boots.com/boots-anti-viral-hand-foam%E2%80%93200-ml-10231389

They've been out of stock for a week...
2019-CoroN outbreak was in public domain about 6-7 weeks ago, that's plenty of time to prepare and support a supply chain.

Their sales spiked around a decade ago, following a previous outbreak.. I would have thought they would have learnt from that and had prepared for another outbreak..

Are Byot having problems with their supply chain?

The can't seem to be able to supply more, especially as the CoronaVirus outbreak 1st made headlines around 6 weeks ago...

The trial at Target was initially announced 18months ago as a 12 week trial.. Yet 18months down the line, there's no rollout to all Target stores and the 2nd partner, who was close to signing last May, seems to have walked...

Tricky
" today’s trading update highlights FY19 numbers in line with those announced at the Unruly acquisition"

Well they would do given Unruly acquisition was only a month ago and the rns also contained a brief TU..

Why do you think they didn't mention that weren't in line with Finncap's Apr update and expectations for fy2019?

Read Finncap's notes Apr 2019 and compare the expectations with the recent figures:
Revenues, cash, earnings massively down on the fy2019 expectations announced in Apr.

https://researchlibrary.finncap.com/

Read the TLY newsflow, they are growing fast...

Over the past 2 years the company has grown massively:

Transformed Vocare CQC rankings..
Bought Greenbrooke Healthcare, operating in lucrative London and SE
Started up new Totally Healthcare from existing resources, operating to provide weekend contract staff to reduce operating times...

Lots of NEW contracts across the entire business as well as opportunities to cross sell....

Cash in bank and paying dividends

Now big contract win for About Health...

From the interims:

Planned care division:

-- About Health Limited ("About Health") secured two NEW contracts and four contract extensions
-- Premier Physical Healthcare ("Premier") secured four NEW contracts and extended fifteen contracts whilst also implementing new pilot schemes across prisons and emergency services

-- Totally Health commenced a NEW contract providing the health coaching element of their back to work schemes for the Department of Work and Pensions

Post period end:

-- Vocare secured contract extensions worth c. GBP16.6 million in South West London and Scarborough

-- Key NEW contract worth c. GBP8.3 million secured by Greenbrook for the provision of an Urgent Treatment Centre in Watford, currently being mobilised

https://www.totallyplc.com/wp-content/uploads/2019/11/191105-TLY_Interim_Results-FINAL.pdf

Read up about NHS SBS and you'll see the how big the potential insourcing market actually is...
https://www.sbs.nhs.uk/

Conservatives can continue their NHS plans to improve the service, now that there is a Majority govn, providing stability within the NHS, something that hasn't existed since before the 2016 Brexit referendum...

Mcap £28m!!!

Tricky,
"2019 was a transformational year for Tremor driven by the merger with RhythmOne plc ("RhythmOne") in April."

That doesn't show that they always stay ahead and prosper, does it, which is what you stated in your previous post...
" they always stay ahead and prosper, whilst others fall by the wayside."

We've been here before, haven't we?...
just over 2 yrs ago.. "Transformational", Focus Core in line with industry trends:

"This move follows a transformational year for blinkx, which undertook a broad restructuring to focus on its core capabilities of mobile, video and programmatic trading - in line with key industry trends. "
"It underscores the significant integration and transformation efforts we have undertaken and reflects our Core focus on mobile, video and programmatic trading - the fastest growing segments within online advertising. "

https://www.sharesmagazine.co.uk/news/market/5361435/blinkx-to-change-name-to-RhythmOne

Yet rthm didn't stay ahead and prosper - look at their declining revenues, cash and continuing losses :

Period, revenue, cash, profit/(loss)
Jan 2014 Blog
July 2014 profit warning - following which revenues and cash fell significantly and profit turned to losses

2015: start sp: 260p
fy2015 $214.9m $95.7m ($20.8m)
2016: start sp: 165p
fy2016 $166.7m $78.4m ($92.3m)
2017: start sp: 385p
fy2017 $175m $75m ($18.7m) *(inc Perk acquisition q3 2017)
Nov 2017 - $100m secured credit facility arranged. SVB have first charge
2018: start sp: 280p
fy2018 $255m $27m ($13.8m) (inc Rad1 & Yume acquisitions)

Why do you think it will be any different this time?

Hi Rusty,
Thanks for your post.
Just 1 question - How do you know what I'm posting, you've had me on filter for years, remember and you don't read any of my posts?? ;-)
Plus blnx/rthm, the companies you mentioned have fallen from 2350p to 200p, over past 5 yrs, due to declining revenues, cash and continually making losses, despite their bullish comments at the start of every year...
You should take responsibility for your own actions if you bought at much higher prices despite the many red flags..

Just ONE of your latest posts confirming I'm on filter:

29th Jan 19.17
"Anybody can see any newbies posts and can answer them direct without interference from stt1. I prefer the filter button"
"As I have said it is my opinion and even though I have not read even ONE of its posts since November it still manages to BORE ME."

https://www.lse.co.uk/profiles/rustybucket/?page=2

BACK TO BYOT....

Tricky,
" they always stay ahead and prosper, whilst others fall by the wayside."

No they don't stay ahead. If they did, they would have acted before the 'well documented' Industry Challenges hit and not reacted afterwards.

According to THEIR OWN statement:

"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/

Tricky,
"that dead wood removal is part of the process of realignment to the latest trends."

Yes, fast moving, increasing Industry Challenges, like 'move to fee transparency', GDPR, CCPA, Google's removing of cookies, fewer DSP/SSPs...

They've been removing dead-wood for years... and still declining revenues and cash, increasing exceptionals etc...

This when they called it 'non-core'..

"The Disposal aligns with the Company's stated strategy to draw down its Non-Core product lines in a methodical, cost-neutral manner, and focus exclusively on its Core products and revenue streams in FY2018 and beyond. Importantly, this sale enables the Company to redirect its resources to Core mobile, video and programmatic products - which represent the Company's principal revenue and profitability drivers."

https://www.investegate.co.uk/rhythmone-plc/rns/rhythmone-plc-announces-sale-of-prime-visibility/201703311709292407B/

Read the company/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%!!)

LATEST results: 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 p

Tricky,
"You pay a fee for a service and if you are not happy then you take your business elsewhere."

Here's another article regarding fee transparency - previously mentioned as an Industry Challenge.
So not the paying a fee itself but making fees transparent:

TRUSTX, P&G AND THE ANA MOVE TO REDUCE SO-CALLED 'AD-TECH TAX'

"It's a huge area of focus and some are moving heaven and earth to uncover where all the pennies are going."

Big picture
The move is part of a broader shift happening within the ad industry. Marketers, who previously worked with scores of supply side platforms, now want to work with as few as possible, all in an effort to gain better efficiency, transparency and more bang for their buck.

As a result, many supply side platforms are trying to innovate or, in TrustX's case, become more transparent with what fees are being charged. Exchanges that do not adapt are likely to wither and die."

https://adage.com/article/digital/trustx-ana-move-reduce-called-ad-tech-tax/316875/

Tricky
"Tremor have shaken out all the 'dead wood' and are making progress using the parts of R1 that fit their agenda and are very useful now."

Where's the evidence? No one will know for a year until they provide figures to back up their and your bullish comments. The same happened at Rthm for years. The proof is that Trmr have had to close that dead-wood AGAIN... Rthm were closing non-platform operations, then non-core operations etc.. Now Trmr have closed several rthm operations...
How many rthm operations did they have? Seems like an endless stream of operations to close...

How many more operations will Trmr close over the next few months, which will also become 'Dead-wood'?

All this dead-wood will reduce revenues and cash from this year, won't it?
Plus increase exceptionals for fy2019.

Best wait until the results to see what they actually report.

Singer took over at Rthm in Feb 2018, just months after Yume takeover.

Just weeks before he took over, Pacermonitor shows that arbitration failed, they did not settle...
Jan 16th
"Boal reports that this case did not settle. "
and was referred back to court..

Then just weeks after Singer took over in March 2018 an emergency Protective Order was filed.

"Emergency MOTION for Protective Order"

https://www.pacermonitor.com/public/case/22028832/RhythmOne_LLC_v_DataXu,_Inc

Only 4 months later Rthm, under Singer's leadership filed:

The company has warned:
"MATERIAL WEAKNESSES", "SIGNIFICANT" costs, "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE.""

"D. Changes in Internal Control Over Financial Reporting

As a result of material weaknesses related to the ......."

https://www.sec.gov/Archives/edgar/data/1713721/000143774918014094/rhyth20180713_20f.htm

Page 43..

"SIGNIFICANT costs", SUBSTANTIAL MANAGEMENT TIME", "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE."

"The combined company will incur significant costs and devote substantial management time as a result of becoming subject to reporting requirements in the United States, which may adversely affect the operating results of RhythmOne in the future. "

https://www.sec.gov/Archives/edgar/data/1713721/000119312517377843/d399085df4.htm

Then Rthm was up for sale and merged with Tap(now trmr) at a huge discount to the price they were at when Singer was at Yume and their takeover with rthm...

Within 5 months of the merger with Tap(now trmr) 2 CFO's resigned.

All information in the public domain...

Tricky

The company's results and the broker, Finncap's notes from Apr 2019 and Jan 2020 back up the fact that rthm was struggling.

Kewjosh,

"so the customers arent buying an alternative product because they can buy it in store agree?"

I said:
"if a product sells out, potential customers would simply buy an alternative. So loss of potential customers during this window of opportunity."

which part of the word "IF" don't you understand?

I'll ask again:
So you accept my stated fact that "It was a trial at some Target stores and was never rolled out across all their stores. "?

Kewjosh
"They also havent sold out in store only online"

So you accept my stated fact that "It was a trial at some Target stores and was never rolled out across all their stores. "

where did I state that they have sold out?. 1gw_ posted the company link at 7.40am, over 5hrs ago, to which I replied that it was a trial and not rolled out across all stores.

You're directing your frustration at the wrong person, aren't you?????

Kewjosh,

It's a trial in SOME of Target's stores... Fact...
In fact, it's in only around 10-11% of the total number of Target Stores...
Target never did roll it out nationally across all their stores, did they?

Read the company rns...

Initial trial - 17th May 2018 - They never did roll it out nationally after the initial 150 stores trial, did they?

"The trial is due to take place over approximately 10-12 weeks at the national retailer Target. We are expecting the trial to start next month in approximately 10% of Target’s 1,829 stores, following which Target will decide whether it wishes to roll-out into nationwide distribution. "

https://byotrolplc.com/wp-content/uploads/2019/06/2018-05-17-US-re-Target-trial.pdf

Tricky,

"Dataxu were clearly struggling as a business and eventually had to be sold off at a huge discount."

That's the point.
Rthm were also clearly struggling as a business and were also sold off at a massive discount. And with Trmr closing several of rthm's operations, inc Perk, endorses that point.

In 2017, Rthm sp was around 500p, yet they merged with Tap, now TRMR with rthm sp at around 169p.

As the company interims and their broker, Finncap expectations show, despite merging at a huge discount, they still missed their expectations.

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,
"You pay a fee for a service and if you are not happy then you take your business elsewhere."

You don't expect hidden fees when paying for a service. The legal action was over 'hidden fees' not fees in general.

Rubicon/Guardian also had a legal battle over hidden fees..
However, they resolved their differences.

Rubicon and The Guardian had a legal battle over hidden fees as did rthm and DataXu...

Rubicon/Guardian:

The Guardian is suing adtech outfit Rubicon Project for breach of contract

https://www.thedrum.com/news/2017/03/28/the-guardian-suing-adtech-outfit-rubicon-project-breach-contract

Rubicon/Guardian have since declared publically that have reached a mutual agreement..

https://www.wsj.com/articles/the-guardian-and-ad-tech-vendor-rubicon-project-settle-legal-dispute-1539348209

I haven't seen anything in the public domain from rthm regarding their legal dispute with DataXu, have you?

It was a trial at some Target stores and was never rolled out across all their stores. The trial is
due to finish next month. Therefore, I wouldn't have thought they would have had many bottles on sale during a trial.

The crucial question is whether Byot can re-stock quickly? I would have thought that would be a crucial question for any potential partner?
Why did the potential 2nd US retailer walk?

Will Target roll out Byot products across all their stores once the trial ends?

In terms of consumers, if a product sells out, potential customers would simply buy an alternative. So loss of potential customers during this window of opportunity.

Transparency is about understanding fees, not eliminating them

https://www.clickz.com/transparency-is-about-understanding-fees-not-eliminating-them/259805/

Rthm/DataXu had a legal battle over 'hidden fees'...

rthm/DataXu
https://adexchanger.com/online-advertising/rhythmone-dataxu-tussel-unpaid-bills-hidden-fees/

rthm/DataXu court action..
https://www.pacermonitor.com/public/case/22028832/RhythmOne_LLC_v_DataXu,_Inc

As I said in my previous post:
"Question is whether they can sign any commercial deals on the back of this?"

They had commercial deals after a previous major outbreak. What happened?

Why weren't commercial partners scrambling to partner with Byot last time? Why did some partners who did, give up, eg Tesco?

Byot said in May last year that they were CLOSE to securing a 2nd retailer but now they are searching for a partner... Seems like that potential 2nd retailer pulled out, doesn't it?

"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://uk.advfn.com/stock-market/london/byotrol-BYOT/share-news/Byotrol-PLC-Interim-Results/81386580

May 2019:
"We are also now close to securing an additional new national retailer trial in the US."

https://uk.advfn.com/stock-market/london/byotrol-BYOT/share-news/Byotrol-PLC-Trading-Update/79868900

TESCO:
Question is whether they've managed to find alternative retailer, sign agreements and supplied them before the Coronavirus outbreak settles and is 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-FY-2018-19.pdf