Member Info for stt1

Mr Bond,
"Does this mean a good trading update or is it just a sweetener for the lacklustre results to come?"

According to their rns, they recovered the 'exceptional' stone yesterday. Why should it be a sweetner or otherwise for the TU?
A 183 carat white Type IIa stone is a very rare find...

absolutely... we've been here before.

They will increase sales of their products WHILST the Coronavirus outbreak is headline news... but revenues from consumer products is hardly anything, even a 10 fold increase wouldn't be enough...
Clearly the citywire article helped with sales at Target stores.

Question is whether they can sign any commercial deals on the back of this?

According to their interims, published a month ago, revenues from consumer segment were only £410k... about £35k from non-Petcare..

What will happen once the Coronavirus is under control...

"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://www.investegate.co.uk/byotrol-plc--byot-/rns/interim-results/201912190700053983X/

Not only did they lose the Tesco contract (via Robert McBride plc) recently but also a 2nd US retailer walked away. Byot at Target in US is still a trial, due to end in March.

Why aren't partners scrambling to partner with Byot? This is where the potential is, surely?

They 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

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

Trek
"Don’t bother me in the slightest, good to have opposing views."

Absolutely... Now back to Byot...

"You only have to view the TRMR board to see how s/he operates."

No problem with anyone reading my posting history..
Rthm (was blnx) crashed from 2350p to around 170p... ouch...
The interims from last Sept show Industry Challenges still effecting them, several rthm operations closed... as predicted....
Read the Trmr broker, Finncap, reports from Apr 2019 & 6th Jan 2020.
Massive miss on expectations... as predicted...

The huge miss on expectations and the company's own warnings endorse the warnings in my posts...
Do have a read...
;-)

Bit of PR for Totally.

Citywire:
https://www.morningstar.co.uk/uk/news/199174/buy-hold-or-sell-liontrust-uk-micro-cap.aspx

Yahoo:
https://uk.finance.yahoo.com/news/buy-hold-sell-liontrust-uk-115100081.html

Halifax:
https://www.investments.halifax.co.uk/get-inspired/news/article/199174

Byot is in ONE Boots OWN brand product and Boots is just ONE retailer.... It's not as if Byot have cornered the market for hand santisers...

It's the retailers who are raking it in...
Byot isn't available at Tescos as they lost the Tesco contract only a few months ago.

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

You can buy 4 of Boots other own brand 50ml hand santiser for 75p for the same price as 1 with Byot ingredients in it for £3.19...
https://www.boots.com/boots-aloe-vera-antibacterial-hand-gel-50ml-10249746

Or even cheaper at Aldi 50ml hand santiser for 42p....so around 8 bottles of Aldi hand santiser for the same price as 1 with the Byot ingredients in it...
https://www.aldi.co.uk/lacura-aloe-vera-hand-gel/p/074523160016600

"What will happen once the current Coronavirus is brought under control?"

So for instance, Byot lost the Tesco contract recently... only weeks before the Coronavirus outbreak!! How unlucky is that for timing!!

Question is whether they've managed to find alternative retailer(s), 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

Jimbo,
"Interesting product and company. Where do you see this realistically headed? Thanks"

The hope here is that the coronavirus will result in extra coverage for the company's other offerings. It should increase sales for their current offering at Boots, which is just 1 product. There are many antibacterial products on the market. eg This one for instance is sold out but crucially actually states 'effective against Norovirus' on the bottle. So which would customers choose???
https://www.boots.com/ecohydra-alcohol-free-antibacterial-foam-hand-sanitiser-100ml-10196456

Coronavirus' have been around for centuries - different strains appear from time to time.

What will happen once the current Coronavirus is brought under control? That is the real question?

my reply should say Byot "hasn't changed" not Byot "has changed"

Trek
"Byot has changed,"

Byot has changed, it took a Coronavirus to help with potential sales opportunities...

And also it's worth mentioning that other companies also operating in the CTV space were sold for a fraction of expected valuations or closed ... In fact, Sizmek, which was the biggest player as a 3rd party ad-server, filed for Chapter 13 Bankruptcy protection...

The fact is valuations of ad tech companies have been falling sharply due to Industry challenges...

Sizmek promoting CTV - Nov 2018
https://www.sizmek.com/blog/are-you-ready-for-ctv-trends-and-tips-for-advertisers/

Just 4 months later - March 2019, files for Chapter 11 Bankruptcy protection:
https://www.adweek.com/programmatic/sizmek-files-for-chapter-11/

Didn't rthm (blnx) offer CTV years ago??? I believe so...

Maplin
"Boots website appears to be out of stock of its anti-virus hand gel:"

after 1 day, they're back in stock today - Both the byotrol 50ml & 200ml available in stock...

currently number sold in last 24hrs...
50ml: '73 purchased in last 24hrs'
200ml: '81 purchased in last 24hrs'...

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

Lets see how many they sell online by tomorrow evening..

They're out of stock with another 50ml anti-bacterial sanitiser:
https://www.boots.com/boots-aloe-vera-antibacterial-hand-gel-50ml-10249746

SNN,

"Of note - high of 235p 05.02.19 and 208p 28.03.19."

Feb and March 2019 were before the rthm merger, which completed 1st week of April 2019.

3rd Feb - the Taptica & Rthm, combined now called TRMR, announced their merger, so explains the high of 5th Feb you mention, given the high expectations at that time.
https://www.proactiveinvestors.co.uk/companies/news/213828/taptica-and-rhythmone-set-out-to-create-new-force-in-programmatic-advertising-213828.html

28/03/19 - Was the just after both company's shareholders had approved the merger, again the expectations were high...
https://www.morningstar.co.uk/uk/news/AN_1553277982375482600/rhythmone-shareholders-vote-in-favour-of-taptica-takeover.aspx


However, following the merger, the company broker, Finncap, note put a damper on the merger with their lowered expectations for rthm.

The problem is the recent Finncap note and TU shows that the company missed the lowered expectations as well.

Read the company's broker, Finncap reports, 2nd Apr 2019 & 6th Jan 2020 for fy2019 forecasts and actuals, respectively.

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

Trek,

"so improved terms on Medimark takeover."

Yes improved terms but only because Medimark didn't meet expectations.

going ex-dividend tomorrow...

Question is whether the cash and revenue from the recent Unruly acquisition will make up for the loss in revenue and cash from Perk.com, which they closed only last month...
Also, given the huge miss on fy2019 expectations as per the company broker forecast in their Apr note, whether the current expectations are also too optimistic...

Tremor paid $19m and are guaranteeing News International $39m over the next 3 yrs.
Unruly made a of $11m in the 12 months to 30th June.

The paltry price paid for Unruly rattles the consolidating ad tech market

"Tremor is also guaranteeing News Corp £30 million ($39 million) in revenue over the next three years as part of the deal, in which Tremor will obtain the exclusive rights to sell outstream video ads across News Corp’s titles. "

"Unruly generated £43.5 million ($57 million) in revenue and an earnings before interest, tax, depreciation and amortization loss of £8.8 million pounds ($11.6 million) in the 12 months until June 30. "

https://digiday.com/media/paltry-price-paid-unruly-rattles-consolidating-ad-tech-market/

Read the company's broker, Finncap, reports:

Finncap's expectations and actuals:

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%)
reported earnings: forecast $9.8m, actual $1.1m (down 89%!!)

Free to register:
https://www.finncap.com/our-services

Flying horse
"70m spare cash to play with"

The cash is around $40m lower than the $113m net cash the broker forecast last April.
See the finncap broker notes.

Some of that cash (and revenue) would have come from operations which were closed during 2019, eg perk.com, which was closed only last month.

Ad Tech companies need to carry large amounts of cash to pay for inventory.
Rthm had $75m for fy2017, yet only a fraction remained when they merged with Tap, now TRMR.