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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Adgorithms | ADGO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 30.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 30.25 |
| Top Posts |
|---|
Posted at 02/2/2017 20:48 by bookbroker Interesting aside, CMO at Adgo. is a woman called Amy Inlow, she worked in similar role at Experian, left to work likewise at Tracx, stayed a year then departed for Adgo., I just hope that the staff are not all on the gravy train, I mean they must have offered her a decent package to lure her away, but then maybe she was simply not happy at Tracx! |
Posted at 02/2/2017 18:45 by battlebus2 We will have to wait on the results to find that out. Although some similarities ADGO is different to CROS and heading in a different direction, I prefer CROS and only have a small holding here averaging around 18.7p. CROS have come to the end of their strategic review but it's early days here and will take some time possibly two years. For me the cash pile is sufficient to see us through but it all hinges on the traction will Albert which is the big question. CROS is my share for 2017 but as ever DYOR etc. |
Posted at 01/2/2017 11:56 by bookbroker As far as their forecasts were concerned, the only ones apart from themselves who supposedly were in the picture should have have been Liberum, they are the house broker who presumably keep in reasonably regular contact with ADGO. This is like any start-up, a target to break even, as far as the previous results are concerned, they are totally irrelevant, the co. has had to completely re-invent itself! |
Posted at 26/1/2017 12:15 by bookbroker I'd prefer to see some sort of update soon from ADGO., even if it is provide some sort of reassurance that their strategy is working, I always think that cos. when they have warned so soon after listing should do their best to keep the market informed, confidence was badly dented here back in 2015, and it pays to simply put out soothing vibes! |
Posted at 22/1/2017 14:25 by riddlerone Another interesting read(ADGO mentioned) |
Posted at 09/1/2017 18:52 by bookbroker No games, they were severely burnt by the collapse in the share price late 2015, they will not give this co. the benefit of the doubt until there is tangible evidence that they have put their past travails behind them. They flagged the introduction of Albert 2.0 in their interims, no need for a further statement, we know from initial case studies the difference Albert makes in KPI's to the cos. that have utilised it, it is all about gaining traction, that ADGO. are attempting to achieve! |
Posted at 09/1/2017 16:21 by kev0856153 The market makers are playing games by the looks of things. I'm not sure whether to buy more now at this ridiculous price or wait and see if the market makers are going to walk the price down.So why didn't adgo RNS the release of Albert 2.0 back in August? hxxps://martechtoday |
Posted at 08/1/2017 13:47 by kev0856153 Yes noticed that. I'm hoping some shares still available at 20p though.I bought cros at 25p and it is approaching 40p now so I think adgo has some catching up to do. They are both facing similar issues in the marketplace. |
Posted at 08/1/2017 11:59 by bookbroker Kev. - it is simply a matter of wait and see, the technology appears to be of significant benefit to online retailing in terms of specific marketing campaigns based on actual understanding of the end users requirements, a painful lesson to the company since flotation, however they will have learnt a good deal from the change in dynamics of advertising campaigns, and to be fair it was most likely not the fault of ADGO. that their main source of income took a massive hit. |
Posted at 09/10/2015 13:29 by phowdo Analyst Alex De Groote quoted on FT alphavilles markets live:" ADGO has today published a truly horrific ‘trading update’. This cites ‘severe disruption’ to the online ad market, which significantly impacts indirect revenue, and hence profits. In H1, ADGO made $2.6m EBITDA. In H2 (and going forward), we expect ADGO will now lose (lots of) money. Balance sheet net cash of c$30m is a red herring, as i/ ADGO is in cash burn mode; ii/ ADGO needs this to trade on Ad Exchanges. Hence we warn investors that the equity should trade well below net cash (c30p per share). ADGO IPO price was 133p, £27m fund raise in June. We identified a number of red flags at the time of ADGO IPO, which have sadly proved accurate. This is the Bagir of the UK Media sector. Just weeks after H1 15 results and not long after the June IPO, ADGO has produced a memorably awful trading update. ADGO cites ‘severe disruption’ to the online ad market in recent weeks, with both a loss of supply and a drop in demand. ADGO’s revenue is mainly in indirect trading, eg trading on account with the likes of AppNexus. Hence, FY profits are to be ‘materially below’ market expectations. What were prior ADGO expectations? We understand $10m EBITDA was the ‘market forecast’ for FY 15. ADGO made $2.6m in H1 15. It is inconceivable to us that ADGO will be profitable in H2, taking into account that Q4 is a big quarter for them (and the wider market). Hence we expect ADGO will lose money in H2, and FY 15. Net cash – total red herring: ADGO raised c£27m in new equity at IPO in June. Hence H1 15 net cash c$33m (or £20m). At face value this implies support for the shares at c30p. The IPO price was 133p. In reality, this is ‘trapped cash; which ADGO needs for trading. So there is no support level for equity and the company must now seek a ‘white knight’ for salvation. ADGO IPO red flags: In previous research (‘Ad Tech Armageddon’) we highlighted the following problems with ADGO: Inflated EBITDA; Super normal margins; gross margin risk; unusual receivables; dubious technology; management track record and behaviour; revenue type; use of IPO proceeds, and deal structure. These problems are/were company specific, and would be evident from any proper due diligence. Ad Tech read across: Stating the obvious, the stock market credibility of this sector is shot to pieces. We believe the following stocks should all be avoided/sold: Matomy; Taptica; XL Media; Blinkx; Cross Rider and Adgorithms Ad Tech – enter the horseman of the apocalypse: Industry problems should now be well understood, eg fraud, gross margin risk; pullback off Exchanges from the big Media groups (eg WPP). It is important to understand however that Ad Blocking is the real apocalyptic threat to most Ad Tech models, and that is only now emerging (on the back of iOS9). " |
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