Rightster Grp Share Discussion Threads

[rambutan2] 13/1/2015 03:23

Youtube (USA) MCN rankings (as shown in RSTR's interim presentation) with link to website and something fairly recent and relevant about them:

1) Fullscreen ( )...


2) ZEFR ( )...


3) Maker Studios ( )



4) Rightster

5) Broadband TV ( )



6) JukinMedia ( )


7) T3 Media ( )



8) Defy Media ( )



9) Collective Digital Studio aka CDS ( )



10) Machinima ( )

[davidosh] 15/11/2014 20:33

miamisteve....No not currently in my portfolio but watching for a possible entry point at a lower valuation. Charlie did a very impressive presentation at mello2014 in Derby.

[aim_trader] 12/11/2014 10:56

CEO Charlie Muirhead is presenting on 20th November. To register please click here:

[miamisteve] 13/10/2014 12:44

Hi David,

Are you invested here. Seems massively overvalued, unknown business model with no barriers to entry, and huge cash burn.

[davidosh] 27/9/2014 09:46

Very quiet here but just to mention that Charlie Muirhead is a keynote speaker at the Mello2014 Investor conference and Rightster will have a stand there. Go to mello2014.com

[18bt] 07/8/2014 16:41

Picked up some shares via an OCtopus EIS fund as a result of the fund raising. Looks interesting and will research.

[davidosh] 09/7/2014 15:09

Rightster will be presenting tomorrow at the Mello Central event....



Mellomeeting.co.uk

[microscope] 08/7/2014 08:52

Much the most interesting part, to me.....

'Related Party Transaction

As part of the Placing, it is proposed that IAML will subscribe, at the Placing Price, for 21,381,000 Placing Shares, which will represent approximately 11.1 per cent. of the Enlarged Share Capital. The proposed allotment and issue of the 21,381,000 Placing Shares to IAML will constitute a "Related Party Transaction" for the purpose of AIM Rule 13 as a result of IAML being a "substantial shareholder" as defined by the AIM Rules. As at the date of this document, IAML holds 28.5 per cent. of the existing issued Ordinary Shares. The Directors consider, having consulted with Cenkos, that the terms of the Related Party Transaction are fair and reasonable insofar as the Company's shareholders are concerned.'

[simon gordon] 08/7/2014 07:25

8/7/14:

Rightster Group plc (AIM: RSTR), the cloud-based global video distribution and monetisation network that enables content owners to upload content once and commercialise everywhere, is pleased to announce the acquisition of Viral Management Limited ("Viral Spiral"), the proposed acquisition of Base79 Limited ("Base79") and a placing of 75 million new ordinary shares ("Placing Shares") by Cenkos, to raise £42 million (before Placing expenses) at a price of 56 pence per share ("Placing Price") (the "Placing").

Highlights include:

· Proposed acquisition of Base79 for a total consideration of up to £50 million, plus an adjustment for net cash and working capital to be satisfied by:

Ø £25 million plus net cash and working capital adjustment in cash on closing, plus a maximum of £25 million in new Rightster shares approximately 12 months after closing based on achievement of earn out conditions.

Ø The earn out conditions comprise financial and commercial targets to be achieved during the period ending 30 April 2015, and include targets for Base79 on a standalone basis and combined targets of the enlarged group.

· Acquisition of outstanding shares in Viral Spiral for a total consideration of up to £4.1 million, to be satisfied by:

Ø £1.75 million in cash and 950,120 new Ordinary Shares on closing, plus a maximum of £0.85 million in cash and £0.85 million in Rightster shares approximately 12 months after closing based on achievement of earn out conditions.

Ø The earn out conditions comprise financial and commercial targets to be achieved over the 12 months following completion, and include targets for Viral Spiral on a standalone basis and combined targets of the enlarged group.

· Placing of 75 million Placing Shares in Rightster to raise £42 million (before Placing expenses) to part fund cash consideration:

Ø Placing at 56 pence per share, representing a discount of 0.9% to the closing mid- price as at 7 July 2014, the last practicable date prior to the date of this announcement.

· Patrick Walker, of Base79 and a former Senior Director of YouTube EMEA will be joining Rightster's executive team. Additionally, Chad Hurley, former CEO and co-founder of YouTube, will be subscribing for Placing Shares under the Placing and will be joining the Rightster Advisory Committee.

· The Directors believe that the Base79 acquisition, together with the VML acquisition, will create a scalable digital distribution solution for content creators and brand owners globally and support the Company's path to profitability.

.....Information on Base79

Base79 is the largest YouTube Multi-channel Network outside North America.

Base79 creates global audiences for video, partnering with video rights holders and producers to build online audiences and brands, claim and protect their intellectual property, sell premium advertising, and generate new revenue streams on YouTube and other Over The Top platforms.

Based in London, with offices in Berlin, Paris, Madrid, Sydney and Los Angeles and a team of approximately 60, Base79 was formed in 2007 and generated £9.62 million of gross revenue, £3.27 million of revenue after commissions, with a loss before tax of approximately £3.74 million in 2013.

Products that Base79 offers

Specialists in:

· YouTube rights management;

· Audience development; and

· Media sales & brand partnerships.



Information on Viral Spiral



Viral Spiral connects brands with social video talent, representing over 1,500 social videos, including "Charlie Bit My Finger" and "Sneezing Panda". Viral Spiral generates around 220 million views per month on YouTube and is a trusted guide to major brands & agencies worldwide seeking to engage next generation audiences.

Based in London with 13 staff, Viral Spiral was formed in 2011 and generated £1.9 million of revenue with a profit before tax of approximately £0.01 million in 2013.

Products that it offers include:

· Licensing;

· Research & consultancy;

· Cross promotion/seeding;

· Production and distribution; and

· Monetisation.

[woodcutter] 17/4/2014 09:24

very humorous!

[melody9999] 17/4/2014 00:34

Agreed woodcutter.

250 staff for £3M revenue? They call themselves an online video syndication and monetization service provider. Well seems they need to focus on the monetisation bit!

Moving swiftly on !

[woodcutter] 16/4/2014 13:02

Have to confess i haven't read the detail text of the results just analysed the figures. Only got as far as the P&L and concluded that the valuation is still bonkers based on limited analysis. How the share price is holding up is beyond me.

revenue £6.16m (less commision)
COS £5.5m
R&D costs £4.3m

AND admin costs £13.6m

they raised over £20m on admission and only have £12m left.

I'd be interested to know what the directors are paying themselves?

aimho.

WC

[sammy_smith] 10/4/2014 08:59

Listen here: Rightster (RSTR) - Q1 business update

Click here to listen

[woodcutter] 26/3/2014 18:30

Wait until the results are out early april, it won't be flat then!

WC

[andrbea] 28/2/2014 10:49

gone flat?

[andrbea] 05/2/2014 16:41

this sounds good:

The second half of 2013 delivered strong growth in video views with average monthly views in the six months to December 2013 rising to 249.5 million per month versus 160.7 million per month in the first half of 2013, an increase of 55%. The Company has also continued to build its impressive client portfolio, including the addition of Agence France-Presse ("AFP"), one of the world's leading news agencies. Rightster will be distributing AFP's content in over 7 languages and their choice to use our distribution services is further validation of our 360 degree global offering.

January 2014 started strongly with a further acceleration of growth in video views. This trend along with expected increases in ad funded revenues gives the Board confidence for the forthcoming year.

[sonycam] 04/2/2014 08:00

All the way down to 40p again

[woodcutter] 08/1/2014 18:18

SG thanks for that, i new i'd read it somewhere. Bonkers valuation!!!!

Another journalist out to make a name for himself...............unfortunately he will but for all the wrong reasons. aimho.

Woody

[simon gordon] 07/1/2014 08:43

Sunday Times was the source of the tip:

"Simon Duke: Rightster is a risky investment but the video streaming company has big growth opportunities as households watch more content online. In a fragmented industry Rightster, whose customers include Warner Bros and Conde Nast, could be a takeover target."

Certainly wouldn't let Mr Duke get near a penny of my money.

[phowdo] 07/1/2014 08:36

116,372,334 shares in issue gives £95 Million MCap at 82p.

[montyhedge] 06/1/2014 15:18

Just bought Mobile Streams at 69.5p market cap is £25m and profits p.e 9.6.
So this valuation is crazy for Rightster.