Byotrol Share Discussion Threads

[sikhthetech] 25/9/2020 14:18

The govn have said they expect restrictions to remain for 6 months.

This includes to 'work from home'. This would reduce the need for sanitiser at home and office as people at home would use soap and water.

They stated there was a summer lull in orders and that orders are being filled form stock.

As they have stock, they are no longer 'selling all they can make and can't keep up with demand'

[riddlerone] 25/9/2020 10:55

From yesterdays results.

"In addition to the normal business of the AGM, the Board also intends to propose resolutions to reduce the share premium account and other reserves in order to create a positive retained earnings balance and hence distributable reserves which would enable the Company to pay a dividend if and when deemed appropriate."

[football] 25/9/2020 10:22

seeing Nic Hellyer purchased shares testerday does that mean no big news or deals anytime soon then?

[energeticbacker] 25/9/2020 10:09

Forecasts for the year ending March 2021 are for revenue of £11.5m (+88%), pre-tax profit of £1.5m and earnings per share of 0.3p.

The target price has been increased to 11p, 50% above the current share price of 7.30p. The shares declined on the day, suggesting the market was looking for more.

More on the Investor's Champion website.

[riddlerone] 25/9/2020 09:30

Strange 1gw we both thought the same thing at the same time...!!

[riddlerone] 25/9/2020 07:58

Glad DT has decided to do this presentation he came over really well last time and helped a lot with giving a snapshot where the business was at that time.

[1gw] 25/9/2020 07:57

2 good RNS's this morning and I'm pleased to see they're going to use the Investor Meet platform, which I have already used to hear several companies present and works well - allowing for some Q&A.

I half thought they might RNS the news of the Solvay Actizone launch, but perhaps not material enough at this stage. I would hope they would reference it in the presentation though.

[the ghost who walks] 25/9/2020 07:36

Great statement yesterday with upgrades etc, this year looking good but more important for me is that it's structural with some great deals having been signed.

[buywell3] 24/9/2020 22:58

read BUY thread latest post re a live covid-19 test that works within seconds

[football] 24/9/2020 22:35

HTtps://www.solvay.com/en/solvay-around-the-world

[sikhthetech] 24/9/2020 19:04

There was also a huge spike in sales because of Swine Flu, a decade ago.
Yet, afterwards they still had placings.

[james188] 24/9/2020 18:53

I asked most of the BYOT questions on the TSTL Q&A. To be clear,I am not anti BYOT by any means, but I think that there are some serious questions to be answered.I wish the company well, but I think that it needs to sort out some clear concerns. I really hope that it does.

[1gw] 24/9/2020 18:45

Solvay's Actizone video:

[sikhthetech] 24/9/2020 18:34

James,
Good post.

Have you read Tristel's Q&A on Byot? It makes an interesting read.

My comments on the Q&A here:

[1gw] 24/9/2020 18:22

"Actizone™ F5 is not currently registered or offered for sale in the United States or in Canada."

So no immediate competition for byotrol24 from Solvay actizone then. And if Solvay marketing builds consumer and industry acceptance of the desirability of the 24 hour claim then that may actually help with sale of byotrol's (and its licensees') own products.

[1gw] 24/9/2020 18:16

The covid question in the Q&A, with a similarly tortuous response as on the byotrol24 site, except perhaps that it does start with the word "Yes":

Does Actizone™ F5 disinfectant act as a COVID-19 disinfectant solution?

Yes, efficacy testing indicates that the ActizoneTM F5 disinfectant formula is effective at the rapid kill of human coronavirus (a similar class of virus to SARS-CoV-2) and even more resistant virus according to antiviral tests performed at accredited external laboratories.

Products proven effective against human coronavirus are likely to be effective as a COVID-19 disinfectant solution, as indicated by US EPA Emerging Viral Pathogen Policy.

[1gw] 24/9/2020 18:13

Brilliant. I was wondering about this specific reference to Solvay in the byotrol rns:

"All existing alliances - including the well-publicised agreement with Solvay - ran to expectations in the year under review and we remain hopeful that they will bear financial fruit for the Group during and post the pandemic."

[wisecat2] 24/9/2020 18:03

www.solvay.com/en/press-release/solvay-introduces-actizone-antimicrobial-cleaning-technology

[wisecat2] 24/9/2020 18:01

james when you shove your red flag somewhere take a look at the press release, it's what real shareholders have been waiting for.

hxxps://www.solvay.com/en/press-release/solvay-introduces-actizone-antimicrobial-cleaning-technology

[wisecat2] 24/9/2020 17:53

Bad news for all the trolls on here but it looks as if Solvay is on the launchpad

hxxps://www.solvay.com/en/brands/actizone-disinfection-that-lasts

[james188] 24/9/2020 15:30

I have had BTOL on my watchlist since the company came to my attention when the collaboration with TSTL was announced back in March of this year. It has some interesting products and should be well placed to grow further. I hope that it does. The outlook statement is also positive.

However, I agree with the several previous posters who expressed concern that, yet again, the company is late in getting out its results and - of even greater concern - it may not have audited results by the end of this month. That is simply unacceptable and I think that it is a very big red flag. I was even more surprised that there was no proper explanation for this in the preliminary results (or indeed anything other than a bare minimum statement). It makes me wonder whether management has a proper grip or is slightly overrun. Time will tell, but this issue alone would put me off investing.

I also wonder whether it will need to do an equity raise, as cash is now fairly low and the balance sheet is pretty weak once you strip out goodwill and other intangibles. In their note issued today, finncap (who I generally respect), value BTOL on the same multiples as TSTL. FWIW, I don't.

[1gw] 24/9/2020 15:13

I suggest they would have known little at that time about the checks and reviews that the auditors would build in once they had completed the work at byotrol. If it were me running the audit company, and the previous auditors had qualified the accounts and my new audit team had only been appointed at year end, I might want to interrogate my audit team fairly closely and do some quality control on their work before I allowed the client to publish the audited accounts.

Today's rns from byotrol talks about the "internal clearance processes" of the auditors as being the reason for the current delay.

[sikhthetech] 24/9/2020 15:03

1gw

"I think the new auditors might well have built in additional checks and reviews"
"their arrival so late in the financial year"


You do post BS.

4th Aug - so only 6 weeks ago said result mid Sept. On 4th Aug, 4 months after fy, they would have known how the audit was progressing, otherwise why rns 'results expected date'?


"We expect to announce the results for the year ended 31 March 2020 in mid September along with a further update on trading."






Change of Auditors 23rd March, so 6 months ago.