Ebiquity Share Discussion Threads

[p1nkfish] 27/7/2018 09:21

Artemis have been picking up sells.
They can be an active shareholder.
This company desperately needs agitation for change.
Now holding > 20% there is every reason for Artemis to grab mamangement by the balls and squeeze. The buck stops with the leaders.

"Artemis is an active investment manager. Developing relationships with the managements, boards and other representatives of companies in which we own shares is integral to our active approach. As stockpickers, we ..."

[p1nkfish] 25/7/2018 18:24

I'm becoming of the opinion these type of companies attract the wrong type of CEO/Management. Good communicators of ideas, increasing shareholder value and profit not such a priority.

[allonblack] 24/7/2018 18:56

The sad irony is this guy has done nothing but go around doing presentations outlining how he is in a sweet spot and businesses like Rhythmone are dead and yet in that time his share price has not outperformed Rhythmone at all. Pricing your product correctly in a dominate market position with strong cashflows vs a panic sale would be a simple yet all to obvious an example of his lack of ability to do the job.

[p1nkfish] 24/7/2018 18:12

Part of results presentation last time stated below, addressing expected divestiture proceeds. £5M in fees and incentives and tax. I can't imagine fees and incentives going down.

Perhaps increased costs might be offset if the divestiture show growth before any completion. No way to know. Bets off if the divestiture revenue shrinks in the meantime.

Mention of incentives suggested Nielsen weren't charging at the bit to buy.

"Gross Proceeds of £26m translate to net proceeds of £20m after tax, advisor fees and deal incentives."

[allonblack] 24/7/2018 17:31

Ebiquity is seen as the auditor. People can be defensive about using it. It therefore needs a charismatic CEO who can turn that into a positive. Not a digital analyst who cant multitask or understand a cashflow.

[p1nkfish] 24/7/2018 16:48

I can understand the thought process of paying down debt and focussing on new growth but think the execution is poor. Had no one considered competition concerns?

What we have just had is a bit of blather with a profit warning tagged on the end.

I can't see the value of the disposal going anywhere but down. Perhaps I'm jaded.

[allonblack] 24/7/2018 14:57

I really hope Neilson do walk away. Group cashflow will be 6m and this thing should fly. CEO needs to look at his cashflow a bit more. Idiot.

[boonkoh] 24/7/2018 09:08

CMA in no rush to make decision. Does Nielsen have a right to walk away if sales keep deteriorating in Intel? Also likely CMA will want some concessions for merger, so that could also cause Nielsen to walk away.Good to see remaining business growing well. Debt should also be less than £28m now, but odd there was no mention of this in RNS?

[allonblack] 24/7/2018 08:06

The stock is trading at these levels because the CEO is clueless as evidenced by the share price decline from the moment he joined. When the new Chairman finally does his job and steps in for shareholders it will be a cheap stock.

[p1nkfish] 19/7/2018 22:35

Well someone has had enough.

[boonkoh] 16/7/2018 13:14

In a limbo state with the CMS investigation into the sale.

[p1nkfish] 16/7/2018 10:44

It could come good with the right changes/leadership. The p/e is low for a reason. Market has voted.

[jadeticl3] 16/7/2018 10:20

This company appears to be wandering around aimlessly. Each report comes and goes without any real indication of a turnaround. The share price has dropped steadily. Even when it has risen it then appears to go into slow decline again. When I first bought into this company the fanfares were blowing loudly heralding a great little business, but it has never really delivered on its promise. I keep holding but now I have little hope.

[p1nkfish] 16/7/2018 08:44

Neither way. Have some cash to add or could move on. Would like to see a catalyst appear and not convinced by executive management.

[eentweedrie] 16/7/2018 07:57

so you are generally bearish on this?

[p1nkfish] 16/7/2018 05:21

Meet market expectations, debt much as was, positive comments on analytics/attribution business potential, then carry on as before.

What catalyst to kick this out of a rut?

[pireric] 15/7/2018 16:10

Risk to the downside generally indicated by the low P/E. Big concerns if this transaction doesn't go through.

[eentweedrie] 15/7/2018 15:04

It does seem to be languishing, hence my interest at these lvls....as a lth what are your expectations re the half year numbers?

[p1nkfish] 15/7/2018 14:05

What catalyst for change?
Shift management out.
Until then 7 May be about right.

[p1nkfish] 15/7/2018 14:05

There is usually a good reason. This is handicapped by management so the multiple suffers.

[eentweedrie] 15/7/2018 12:28

forecast pe looks decent - circa 7?

[p1nkfish] 15/7/2018 10:21

Jury out on the management that have serially failed to deliver.

[p1nkfish] 15/7/2018 10:21

Jury out on the management that have serially failed to deliver.

[eentweedrie] 15/7/2018 08:35

so half year results due soon, thinking of dipping my toe in here...

[allonblack] 03/7/2018 18:19

Well hands up im a share holder who might have to hire a lawyer. Fiduciary duty seems to have been ditched here. Why have Artemis ignored this? Why was there a huge repositioning cost?Next up the CEO will ditch Numis. The new Chairman cant question him so ditch those who can.The facts are so obvious in this case its hard to comprehend the position of Hambro and Artemis.See you in court if this deal doesn't get cancelled.