Be Heard Share Discussion Threads

[king kong dong] 15/9/2016 07:58

Take at look at JRP group!! Business goin' well for dem dudes....

[ibug] 15/9/2016 07:58

IF YOU DON'T LIKE IT CLEAR OFF IMO...lol...this is an early doors high growth business.

[king kong dong] 15/9/2016 07:54

Just lookin' at da chart....damn, it's a long way down if u got caught on dis spike....


Long temr holdrz only here. Traderz will be dumpin'

[the destroyer] 15/9/2016 07:47

Excuses excuses....

[ibug] 15/9/2016 07:42

While our group is newly formed, our first two market-leading partners were founded eleven and seventeen years ago. Also, we are reporting on a period of trading which encapsulates six months at agenda21 and just six weeks trading at MMT.

We have been materially break-even at an adjusted Group EBITDA level; with MMT contributing fully in the second half this will turn positive as Group costs are leveraged.

So the next set of results will turn positive imo....high growth business model.

[king kong dong] 15/9/2016 07:41

LOL! Gettin desperate now !!

Everyone wins somethin' at dese awardz !!

[ibug] 15/9/2016 07:40

MMT performed strongly in the 2016 RAR Digital Awards, as voted for by clients, winning Best Web Software Development Agency for the 3(rd) year running and Best Web Development Agency and Best Analytics Agency for the 2(nd) year. It also moved up the rankings in the Econsultancy Top 100, placing it among the highest listed Design and Build agencies.

[king kong dong] 15/9/2016 07:40

What is dis I read?

When they bought MMT for £23.5m...£17m of that was goodwill !! WTF???
Net assets woz £6m.

Luks like they woz had.....

In da Balance Sheet...provision for liabilities £17m.....me wonderz wot dat iz ???

Anyone knowz??

[king kong dong] 15/9/2016 07:40

What is dis I read?

When they bought MMT for £23.5m...£17m of that was goodwill !! WTF???
Net assets woz £6m.

Luks like they woz had.....

In da Balance Sheet...provision for liabilities £17m.....me wonderz wot dat iz ???

Anyone knowz??

[king kong dong] 15/9/2016 07:40

What is dis I read?

When they bought MMT for £23.5m...£17m of that was goodwill !! WTF???
Net assets woz £6m.

Luks like they woz had.....

In da Balance Sheet...provision for liabilities £17m.....me wonderz wot dat iz ???

Anyone knowz??

[king kong dong] 15/9/2016 07:39

In time???

How longz that then?

£100m by 2020?

[ibug] 15/9/2016 07:36

EXCELLENT STUFF

We are cash positive following the recent fundraising and so have the ability to complete a modest acquisition without recourse to shareholders. In time we will progress to acquiring more ambitious targets, such as some we are already identifying, assuming appropriate levels of shareholder support based on the quality of the businesses and the acquisition multiples.

[ibug] 15/9/2016 07:34

Strategy and Outlook

Be Heard is at the beginning of a buy and build journey that, with continued support from our shareholders, will enable us to create a significant mid-sized digitally centric group operating at the crossroads of marketing, e-commerce and technology.

We remain of the view that by connecting the right partner companies in a tangible and meaningful way we will deliver significant value add to clients and stakeholders alike. This is core to our vision and mission.

Not only have we brought two outstanding partner companies into the Group but their shareholders have aligned their interests with ours by becoming significant shareholders in Be Heard.

Our aim, in the months and years ahead, is to increase Be Heard's breadth and depth by bringing together carefully targeted partners whose skill sets and business acumen will expand the range of services and benefits for clients within this rapidly evolving market place.

As we add more agencies, the benefit of the economics inherent in our model will really start to show. The costs of the central platform will change little but the benefits it brings will be applied to more agencies, which will be high quality, established businesses that Be Heard can help scale quickly. We will continue to pay fair prices to ambitious founders and give them the opportunity through equity in the company to benefit from the growth Be Heard will help them achieve. This structure and growth will make the initial prices paid win-win for all stakeholders.

Beyond any further implications that Brexit may yet have, the Board does not consider that the risks facing the Group have materially changed from those identified in the 2015 Annual Report.

We look forward to announcing our next acquisition to shareholders, in all probability a modest but relevant high quality addition in one of the four strategic pillars we have not addressed to date.

[king kong dong] 15/9/2016 07:34

What is dis I read?

When they bought MMT for £23.5m...£17m of that was goodwill !! WTF???
Net assets woz £6m.

Luks like they woz had.....

In da Balance Sheet...provision for liabilities £17m.....me wonderz wot dat iz ???

Anyone knowz??

[ibug] 15/9/2016 07:31

Acquisition update

We have now made two acquisitions and are making good progress in helping them develop to take full advantage of market opportunities. In May, we completed the acquisition of MMT, the award-winning UX, design and build business. This came after our first investment in leading media planning and buying business agenda21, completed in November 2015. Both transactions involved reverses with associated longer lead times and higher costs than we will target on average. We are confident we will see our economics improve markedly as we build on our platform with each new acquisition, largely because the central function has now been built and will be able to support a considerably larger group going forward.

We continue to meet many interesting businesses and as soon as our multiple conversations with potential partners reach the appropriate stage we will of course share details with the market. We are cash positive following the recent fundraising and so have the ability to complete a modest acquisition without recourse to shareholders. In time we will progress to acquiring more ambitious targets, such as some we are already identifying, assuming appropriate levels of shareholder support based on the quality of the businesses and the acquisition multiples.

[ibug] 15/9/2016 07:29

Executive Chairman's Statement

These results are not meaningful in the conventional sense of the word.

While our group is newly formed, our first two market-leading partners were founded eleven and seventeen years ago. Also, we are reporting on a period of trading which encapsulates six months at agenda21 and just six weeks trading at MMT. We have been materially break-even at an adjusted Group EBITDA level; with MMT contributing fully in the second half this will turn positive as Group costs are leveraged. So if a picture is worth a thousand words our interim results would require a thousand words to paint a proper picture. Nevertheless, in this fast-paced, time-poor digital age, I shall aim to be brief. In time, as we build on our platform, we expect that our results will speak for themselves.

While our financial performance is in line with our expectations, the more important update to provide is how we are progressing with our strategy of creating a digital marketing group for the 21(st) century. Nine months in, we are encouraged that our original investment thesis seems to be borne out by two things: the availability of attractive potential partners interested in our proposition, and the value that we are adding to the two partners we have already brought into the group.

[ibug] 15/9/2016 07:27

NO problem they raised 8 million last July.

[king kong dong] 15/9/2016 07:23

Wherze Chimers?

Got lots to say normally.....

On the toilet maybe?

[king kong dong] 15/9/2016 07:19

A sorry sight no worriez....(unless you hold like...)

[

[king kong dong] 15/9/2016 07:15

LOL!

U iz lozing money.....loss pr share 0.01p

And talking in riddlez....'So if a picture is worth a thousand words our interim results would require a thousand words to paint a proper picture.'

King Pump will supply those 1000 words no worriez.

[ibug] 15/9/2016 07:07

Result's are way ahead of forecast expectations of 9 mn turnover and 733,000 net revenue.

[ibug] 15/9/2016 07:03

15(th) September 2016

Be Heard Group Plc

("Be Heard", the "Company" or the "Group")

Unaudited Interim Results for the six months to 30(th) June 2016

Be Heard Group Plc (AIM: BHRD), the digital marketing services group, is pleased to announce its unaudited interim results for the six months to 30(th) June 2016.

Headline Financial Results for the period:


GBP'000
Turnover 14,707
Net Revenue 3,308
Trading EBITDA 687 trading margin of 20%
(adjusted)
Group EBITDA (adjusted) (12) after group costs


Loss per share GBP(0.01)
(diluted)

Headline financial results represent the performance for the six months to 30(th) June 2016, adjusted to exclude acquisition costs, share based payment charges, goodwill amortisation, depreciation and financial costs. These are reconciled to the statutory figures in note 5.

Operational Highlights

-- Fundraise of GBP8.1 million and acquisition of second partner company - award-winning User Experience (UX), design and build agency MMT

-- Client wins include Vodafone, Domestic & General, BDO, Wiltshire Farm Foods, Centaur Media, Shaw Trust, Prospects Education, Bureau van Dijk, Net Wealth and Mr & Mrs Smith

-- Industry recognition for MMT at the 2016 RAR Digital Awards and in the 2016 Econsultancy Top 100 Digital Agencies Report

-- Cross group referrals underway with first clients now working with both agenda21 and MMT
-- Strong and growing pipeline of acquisition opportunities
-- David Poutney appointed to the Board post period end
Peter Scott, Executive Chairman of Be Heard said:

"Our first set of interim results is in line with the Board's expectations. We have added our second high-quality digital agency in MMT and made good progress in executing our strategy. The widespread availability of attractive potential partners interested in joining our group is encouraging, as is the value we have been able to add to agenda21 and MMT. We will continue bringing together best-in-class digital agency partners to provide clients with holistic solutions in an increasingly complex market, targeting good returns for shareholders along the way."

[adelwire2] 15/9/2016 06:34

ok lets see how your company is actually doing Mr Scott

[andymunchkin] 14/9/2016 18:35

almaison yer loss @ sepu is tellin u gona get sepooed here a swell gettit.