Jaywing Share Discussion Threads

[buywell3] 26/5/2019 08:53

Maybe not but it answered some I had about JWNG

To any advfn newbes re EBITDA and its pushers ... read this

[zoolook] 26/5/2019 08:28

LOL

Thats a long post that didn’t answer my question

[buywell3] 26/5/2019 08:16

EBITDA is a meaningless term profit after tax is ALL. Beware the BOD's that push the EBITDA story IMO.

JWNG paid the BOD close to 1.2M last year and for what ?
They made a Loss and debt increased. But many still got a bonus payment.


IMO this company needs a check up from the neck up ... it has lost its way regarding the fundamental reason it exists as a listed company.

What would worry me most when viewed V some of its peers , is that it employs far too many people. It brags that 1 in 10 is a data scientist , ok , but if debts are increasing and your making a loss ... so what?


JWNG employs far too many people V peers it needs to cut staff numbers by 50%

The BOD need to take a pay freeze until profits are hit 2 years running and NO bonus payments till then


Peer analysis Key Information

NOTE by buywell

ALL of these are loss making = this area of the Sector not performing IMO

Company Revenue (TTM) Net income (TTM) Market cap ...........Employees
Space and People Plc 7.94m -674.00k .......2.54m ........ 92.00
Be Heard Group PLC 49.72m -9.83m ........9.89m........... 12.00
Jaywing PLC ....... 46.06m -1.43m ........11.95m........ 639.00
Reach4 Ent't Ent's PLC 77.73m -39.00k ........13.40m.......211.00
Trader Media East Ltd 2.56m -3.40m ........37.76m.......... 163.00


JWNG employ 3 TIMES as many people as Reach4 Entertainment Enterprises , a company that has a bigger market cap and a much bigger turnover (+60% plus) than JWNG.


Get that number down to 320 for starters


Also keeping buying companies does not equate to profits. But it does mean further cash raises.

Australia is a country in economic difficulty. House prices crashing and banks now wobbling. China their biggest trading partner also in trouble.

JWNG need to CONSOLODATE to key profit areas of generation and DITCH the rest ASAP


dyor

[zoolook] 25/5/2019 20:29

Re trading statement what is the ‘market expectation’ for EBITDA ?

[zcaprd7] 15/5/2019 15:25

Those awards didn't help much then?

[diku] 15/5/2019 12:43

Yes very much so...and a bonus as well...

[arthur_lame_stocks] 22/4/2019 11:08

Does the BOD really deserver £1.2m a year?

[clocktower] 06/3/2019 08:50

CF owned 1.4 million shares in Jaywing but have some been dumped already or will they soon be, ans send the share price well south?

[diku] 10/1/2019 08:39

Insiders are the owners!...wider shareholders are just like extras in the films...

[p1nkfish] 10/1/2019 08:37

Shame they can't dispose of ineffective management.
Lost confidence.

[p1nkfish] 20/11/2018 07:58

Data science is losing people, or having problems recruiting or headcount costs going up to keep staff. It also reads as too concentrated in customer terms.

"Our data science consultancy has seen comparative H1 EBITDA performance down by £0.6m year on year, which reflects the scaling down of a relatively large and high margin financial services project. The focus here has been and continues to be on securing new business, alongside some cost realignment in what is an increasingly valuable industry segment, where there is a scarcity of talented resource."

[p1nkfish] 20/11/2018 07:53

Notice the priority, are they thick? Customer validation ALWAYS comes first. They exist to service customers, not BS awards. Whoever wrote it just doesn't get it and is probably THE PROBLEM.

"Our approach was recognised once again when Jaywing was awarded best large integrated agency in the Prolific North Awards for the second consecutive year in May 2018. It was also validated by major new business wins for SugarCRM and Hermes as well as growth in existing clients including Firstdirect."

[p1nkfish] 20/11/2018 07:51

HSM disposal makes sense, low margin and most likely headcount heavy per £ sold. It might make Jaywing more interesting to an acquirer.

Jury out on the management, still.
It's not delivering and references to the "Prolific North" early on in the results is BS. It should be much further down or not in there at all. One example of their priorities.

Growth in profit, gross margin, revenue & cash should take priority, not winning awards.

[p1nkfish] 18/11/2018 23:30

Change of MD -


His new gig -

[p1nkfish] 13/11/2018 08:19

This is the sort of news Jaywing need to make more of. They promised uplift and then delivered it.

For a Marketing bunch they don't market themselves well to investors. Avoiding credit risk is critical, this reads well.

[p1nkfish] 03/11/2018 20:13

All news from Sept/Oct relates to awards or a nomination. Nothing related to new business that can make a difference. Says it all.

[p1nkfish] 02/11/2018 13:41

Major investors are toothless and JWNG, with all their capabilities, are not exhibiting signs of being able to push the business upwards. More like circling a drain until proven otherwise.

[p1nkfish] 25/10/2018 19:03

The major shareholders are none too interested else they would have shown some leg by now. It languishes and no sign of any activism.

Very disappointing performance from the management. Even the newsflow is weak, nothing very meaty.

Patience has a limit.

[spooky] 06/10/2018 13:20

S4 Capital - I would have thought EBQ are a more obvious listed target.

[p1nkfish] 06/10/2018 09:23

Can we have some meaty profitable signings instead of the likes below.

If an acquirer was interested I reckon it would put the willies up management as they would feel the heat immediately.

As is it comes across as a club of chums having a jolly good time. Or am I jaded?

[p1nkfish] 29/9/2018 18:06

"S4 Capital plans further acquisitions in content, data analytics, media planning and digital media buying."

Sorrells new vehicle, S4 Capital, would do us all a favour if it looked this way. JWNG is probably too small. They have bought MediaMonks and looking for other targets.

[arthur_lame_stocks] 29/8/2018 06:40

Useful, but not huge in the grand scheme of things.

[p1nkfish] 29/8/2018 06:35

Wonder why they announced the wins now when known already, except value.
Hope they didn't win by slashing margin.
Useful £2m revenue.