Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Curly,
"Why would you buy shares with so many red flags and such a supposedly bad history. "
That's easy.
As I said at the time, the shares were rising because ad tech was in a bubble.
The shares have a history of rising on bullish comments and falling on events.
Therefore, I bought on the back of the bullish comments by the rampers. I bought, whilst continuing to warn of the red flags. I then sold because of my conviction that the shares have a history of rising on bullish comments and falling on events.
I continued to state 'best to trade', which is exactly what I did.
Likewise, in 2017 with rthm(now trmr) I sold at eq 590p, whilst posting the red flags. I sold because of the results being the event.
Here's the evidence from my posts.
https://www.lse.co.uk/profiles/stt1/?page=3
I'm glad I backed my conviction.
One thing the rampers have missed...
Trmr have a 3 yr exclusive partnership with News Corp. The exclusive 3yrs ends in 5 months time!!... Has there been an extension announced..
Alphonso court case..
Amobee.
Rushed IPO
etc
etc
Best to trade.. 844p a distant dream...
;-)
"The deal marks the start of a three-year partnership with News Corp which will equip Tremor with the exclusive right to sell outstream video on more than 50 News Corp titles in the UK, US and Australia."
https://unruly.co/news/article/2020/01/05/tremor-international-acquires-news-corps-unruly/
DaddyAim,
There's nothing different to what has been happening at blnx/rthm/tap(now trmr) for the past few years.
I've mentioned all the red flags for years.
Just goes to show that posters should read the bull/bear points.
Where are the so called 'experts' Radium/1gw/Tricky/Eddie???
Where's yield_fanatic??
Gdog,
" They added Amobee, for which they no doubt paid FAR too much".
I said last month they paid too much. It was a rushed acquisition.
The rampers here were more interested in chasing off any contrarian opinion and instead preferred to entice newbies in..
Best to trade - just like my 844p trade over a year ago, which was BASED on my conviction on what has been going on.
;-)
There you go, all as expected.
Missed expectations, jam tomorrow AGAIN.
Read my previous comments, the bear points, the red flags. The company and sector newsflow.
I've always said the Alphonso court case was significant. I've always said the IPO was rushed because of the Alphonso court case.
Even Ambolee acquisition was rushed.
My 844p sell from around 14months ago is still significantly higher than the sp has been since then.
My eq 590p sell in 2017 (rthm, now trmr) is still significantly higher than the current sp.
ALWAYS BEST TO TRADE.
It's nice to have an investment decision proven right so conclusively by events. Read the company/sector newsflow.
MrLofer,
"This is now a balanced business with multiple revenue streams and not a pure manufacturing ( low margin) business. "
Are they? Where are the results then?
They should have published the results before embarking on a fundraising.
"The only people who made loads of money to quote you were the crooks who were selling alcohol based sanitisers with no medical accreditation. If you have sensitive skin or excema this is the only product and they were capacity constrained."
That's pure rubbish.
Where there's a demand other companies adapt and enter the market. This is exactly what happened.
Evidence:
P&G were 1 of the 1st to enter the market. The article below from March 2020.
Are you seriously suggesting P&G are 'crooks'? Seriously???
"Since January, we’ve mobilised teams to provide the capability to manufacture and distribute hand sanitiser in five plants around the globe. Perfumers in Europe used their chemical management expertise to develop and create their own Surface Sanitiser. Within three days, a multi-functional team assembled to develop, test and produce hand sanitiser with great agility. These experts shared their learnings with manufacturing facilities leaders to scale our production capabilities.
After obtaining an approved World Health Organisation (WHO) formula and recommendation for production, the team in Europe jumped into action to identify and obtain the raw materials they needed – the majority of which were already available on site. Within 24 hours, the first bottle of WHO Hand Sanitiser was produced in Gross Gerau. — Onofrio Caradonna, Europe Plant Shared Services Leader"
https://www.pg.co.uk/blogs/hand-sanitiser/
"If you have sensitive skin or excema this is the only product and they were capacity constrained. "
That's rubbish. They should have had a placing, appointed the supply chain manager and increased capacity when it was obvious there was a pandemic. P&G started in Jan 2020, where were Byot? They appointed the supply chain manager during the summer 2020, way too late.
As to Byot being the only product.
Again that's rubbish.
Evidence:
Alcohol-free sanitisers are widely available.
Just 1 shop, Superdrug (I assume you heard of them).
50p for 50ml bottle.
https://www.superdrug.com/skin/hand-care/hand-sanitizer-gels/rosdon-group-uk-ltd-alcohol-free-hand-sanitiser-gel-50ml/p/797188
or from Boots for kids and people with sensitive skin:
249p for 50ml
https://www.boots.com/nilaqua-little-hands-sanitiser-55ml-10232110
whereas Byot's is 320p for 50ml
https://www.boots.com/boots-anti-viral-hand-foam-50ml-10278907
So you're talking rubbish.
Mrlofer,
"On balance this was good news "
Why is it good news?
We had the biggest pandemic to hit the world in over 100yrs and it's still ongoing. The company should have made huge amounts of cash.
Yet the company needs funding so soon? That's very questionable as to why they didn't.
Why haven't they posted the results before issuing the loan notes?
Again, very questionable why they haven't published the results before any funding requirement.
Investors Chronicle:
Profit from an undervalued healthcare opportunity
This cheaply-rated healthcare services company is winning major NHS contracts.
https://www.investorschronicle.co.uk/alpha/2022/07/28/profit-from-an-undervalued-healthcare-opportunity/
Provides bull/bear points, diversified business model with breakdown of subsidiaries, opportunities etc.
They should have published a H1(June 30th) TU showing how the company is performing. They would have known salient details by now.
They could have published the progress of the Alphonso court case within the TU.
I think they've overpaid for Amobee..
$239m for this??? Really!!
"For the twelve months ended June 30, 2022, Amobee generated preliminary unaudited Contribution ex-TAC of approximately $150 million and adjusted EBITDA of approximately ($22) million, each excluding results from Amobee’s Email Marketing Platform"
ABU,
Where are all these contracts are for DiM ?
They've said spin offs are postponed. Why can't DiM earn any money without it being spun off?
Why didn't the company help with resolving the Polb mess up. It was a complete mess with some PIs waiting months for their specie shares?
I'm sure they are easy questions for you.
ABU
"Stt1 why are you posting on here as a TLY shareholder?"
I've questioned the lack of info on current cash position as of H1 end, the history of missed expectations, the mess up with Polb, the questionable corporate structure, the over promising and under delivering.
Please tell me where I've been wrong since I've questioned all the above.
The events here have been as expected.
Kaiver
"If you actually did some research, you would know the answer to those questions."
Come on then, where are all these contracts are for DiM ?
They've said spin offs are postponed. Why can't DiM earn any money without it being spun off?
I'm sure they are easy questions for you.
Kaiver,
"My understanding is DiM will own the data, companies will pay a subscription/licensing fee to access the datasets they want to use."
Why haven't there been any contracts for DiM data? Why does it need to be spun off before it wins any contracts?
Money going round the subsidiaries!
Tricky
"Why would you deny the fact, there are hundreds of companies providing services under the NHS."
It's good you've now accepted that the NHS does need private companies to help run the service - a point I've made on numerous occassions when it has been suggested that the govn will cancel all private providers... ;-)
You fail to miss the point, yet again.
What competitors operate in TLY market, which is a diversified business offering an integrated Out of Hospital service across Urgent Care, Planned Care, Insourcing. There will be companies who operate in each of these segments but which competitors offer the integrated service. ie Urgent Care, Planned Care AND Insourcing??.
It's not a crowded market. Name the competitors who operate the integrated service?.
The figures over the past 4 yrs are evidence that the business continues to grow.
Increasing recurring revenues £127m+
Growing cash £15m as of 31st March, despite buying 2 companies.
Increasing profits.
Increasing dividends.
Mcap £80m
Moniman,
"Cash would not increase from last year's £15.1 million"
You completely miss the point.
What is the cash position then PIs can decide for themselves?
As you mention TLY. Again you haven't read the company newsflow. They bought 2 acquisitions from cash AND still increased their cash balance.
It helps if you read the company/sector newsflow.
Profit
"Cash on a certain date is transitory so not sure is particularly useful. What is clear is that two years after the placing, OO has less cash than it raised so is neither profitable or generating cash in any meaningful sense."
Cash balances are useful as they will show whether the company is likely to need a placing. The fact they published the cash balance in June 2021 when they published fy2020 results but omitted it this time, in TU and AGM is questionable.
I find that very odd and I see that as a red flag.
Citizen
"what is a crowded market."
Why is it a crowded market?
Look at their diversified business model and tell us what other businesses operate in their markets, all 4 UK nations and Republic of Ireland?.
Their diversified business model consists of:
1) Urgent Care - largest provider of Urgent Care Centres.
2) Planned Care - Physio, dermatology etc
3) Pioneer Health - insourcing to help reduce the millions waiting for elective operations. It is govn policy and an urgent one to reduce the backlog of operations.
4) Corporate wellbeing - new acquisition. Companies are responsible for staff well being, whether working in the office or working from home.
last 3 yrs:
period, revenue, cash, ebitda
2019 £78m, £7.5m, £1.1m
2020 £105m, £8.9m, £4m
2021 £113m, £14.8m, £5m
2022 £127.4m, £15.3m, £6.2m
Increasing recurring revenues, increasing cash, increasing profits.
Oh and increasing dividends.
;-)
Moniman,
2 earning enhancing acquisitions:
Dec 2021:
Energy Pro fit. £1m on completion.
"The Consideration will be satisfied by the payment of £1.0 million in cash on completion, satisfied using existing cash resources of the Company"
https://www.investegate.co.uk/totally-plc--tly-/rns/acquisition-of-energy-fit-pro/202112160700068175V/
7th March 2022:
Pioneer £5.52m on completion
"The initial cash Consideration payable will be satisfied using the existing cash resources of the Company"
"At completion, £5.52 million will be payable to the Vendors in cash, on a cash-free and debt-free basis"
https://ir.design-portfolio.co.uk/viewer/51/25528
So, Moniman, add £6.52m to the cash balance and you'll see how much cash they would have had without those earnings enhancing acquisitions...
What do you get, oh nearly £22m or 50% higher than fy2021...
Good cash eh..
Mcap £82m...
;-)
Monimman,
"I see the cash position hasn't grown barely at all in the past 12 months "
Read the results.
They had 2 key earnings enhancing acquisitions during the year and despite using existing cash, they STILL increased cash over the prior year. ;-)
"We have made great progress against our buy and build strategy with two key acquisitions completed in the year. The addition of Pioneer Health Care and Energy Fitness Professionals to the Group enables us to respond to challenges faced in healthcare at the current time and equips us for a changing healthcare landscape where wellbeing is higher on the agenda and waiting lists are at all-time highs."
https://ir.design-portfolio.co.uk/viewer/51/27035
Read the company/sector newsflow.
;-)