Jaywing (#JWNG) – H1 increased loss, argues “making good progress” with new plan

Jaywing – shares soar on positive financing news… but still significant dilution ahoy?

‘UK agency specialising in data science’, Jaywing (JWNG) “is pleased to announce that it has been notified that entities associated with two of its major shareholders have acquired the company's existing secured loan facility of £5.2m owed to Barclays Bank plc… and provide it with additional working capital” – and the shares have soared to a current 6p…

Jaywing – after “will announce” results in July, then “intending to publish… before the end of August” …

Previously writing on “data science led agency and consulting business” Jaywing (JWNG), I noted in July “trading in the first quarter of this financial year has been very weak” compared to “solid progress” in early May – concluding the shares are currently down below 10p, but “very weak” trading and the exposure to discretionary spend in the uncertain conditions concern. I’ll review the results statement - when it actually arrives! - with interest but currently certainly continue to avoid. Now “Further re. trading update and results”…

Jaywing (#JWNG) – delays results as in negotiations to strengthen balance sheet amidst “challenging” trading conditions

Jaywing – from “solid progress” in early May to a further “Trading Statement” – and intra-day…

Previously updating in early May, “data science led agency and consulting business” Jaywing (JWNG) noted “a year of solid progress… We have seen encouraging growth in Epiphany, our online performance marketing division, and also in our fast-growing operations in Australia… Jaywing will announce its preliminary results for the year ended 31st March 2019 in July” but also “ongoing challenging market conditions within the UK and continued uncertainty surrounding its anticipated withdrawal from the European Union”. Now a further “Trading Statement” – and at an intra-day 11:37am. Uh oh…

Jaywing (#JWNG) - £0.5m conditional sale of contact centre business, HSM

Jaywing – “recovery is building momentum”, but what does that mean financially?

Shares in Jaywing (JWNG) are recovering to comfortably above 20p following an update including “recovery is building momentum and anticipates that full year results will be in line with expectations”. What’s the recovery from and what are the expectations it anticipates being in line with?...

Jaywing – “a number of key client wins and service expansions”. How key?

Jaywing (JWNG), the self-described “data driven, insight and creative agency”, is “delighted to see the fruits of our labour across so many diverse clients and industries” with “a number of key client wins and service expansions”. How key though?...

Jaywing (#JWNG) – acquisition, “to raise up to £1.3m to finance the initial consideration” at 20p

Jaywing – interims include “substantially below” warning, where was a timely update?

Self-described UK “specialist in data science led digital marketing”, Jaywing (JWNG) has announced results for its half-year ended 30th September 2017 including “since the election was called in the Spring we have seen consumer-led businesses in the UK grapple with difficult trading conditions… their first action has been to cut costs, including marketing costs”. That doesn’t bode well here…