Phorm Corp Share Discussion Threads

[bluecar1] 18/2/2016 08:17

Oh dear what happened to the zoom

[btcustomer] 17/2/2016 17:23

IgbertSponk once again lacks the courage to name names, and take the consequences. What cowards these trolls are - can't even lie with any conviction. Despite being invited many times to confirm whether he thinks any specific person is being paid by Google to post here, he has never once dared to make the libellous allegation specific to any particular username.

I call that cowardly and misleading.

Anyone seen the Phorm revenue figures for H2 2015? They were supposed to be earning $25m according to "management" but clearly that prediction was at least $24m of an exaggeration otherwise they wouldn't have needed the January failed bailout followed by the February loan/bailout/begging bowl expedtion looking for a further £2.5m cash (222.22m shares to sell) within the next week.

Good news urgently needed, to drag the share price up and reduce the number of sheets of IZAL they have to print. The most convincing sort of good news would be an announcement of dramatically increased revenues - but of course if the revenues had increased significantly they wouldn't need to sell more shares. Sort of Catch-22 I suppose? What a pity the management gave Mr Bigger such a load of duff information when he was writing his blog articles in January 2015. The bit they clearly got wrong was the ability of the company to turn advertising requests into cash.
Expected advertising requests in H2 2014 = 202.8bn
Actual advertising requests in H2 2014 = 200bn - on target
Expected REVENUE in H2 2014 = $3m
Actual REVENUE in H2 2014 = $1.05m - serious fail.

Where is the evidence that their ability to monetise advertising requests has improved?

Clearly the gap between expected revenue in H2 2015 of $25m and the actual results they achieved was massive - hence the panic for cash bailouts. In fact 2015 looks to have been an even bigger washout compared with Bigger's management sourced predictions, than 2014 was.

Cash available right now, MINUS $1.93m

Does anyone know the actual number of shares in issue, as of today? Everyone seems to be quoting a different figure. It ought to be 983m plus the latest bailout shares, taking them over a billion. Says 981m on ADVFN, says 1,051m on lse dot co dot uk, says 1.05bn on google finance, says 1.01bn on Yahoo finance.

It's not very clear whether they did succeed in getting the bailout shares admitted for trading on 4th Feb. I know they SAID they did - but Phorm SAID it was "pleased to announce that it has raised approximately US$1 million" on 18th February and that proved to be a load of fetid dingos' kidneys.

[igbertsponk] 17/2/2016 15:31

Would be a breach of privacy to list them all.

[igbertsponk] 17/2/2016 13:18

We're not paid to post so don't have to clock in like you.

[btcustomer] 17/2/2016 13:08

Investors' day off ?
Taking a breath before the next collapse?

(Or maybe that flat line means the patient is dead?)

Gullible investors urgently needed - £2.5m pounds worth of penny shares for sale.

[btcustomer] 16/2/2016 17:14

I think it''s investors who are taking time off - which is a problem, as Phorm need to find gullible investors to buy £2.5m worth of new shares within the next 8 days, and then even more gullible investors to cough up a further $8m before the end of the year.

With cash levels at around MINUS $1.9m at the moment, and the extra expense of loan interest and arrangement fees, Phorm have quite a challenge to meet - especially as their revenue is clearly well below target levels.

With the price at 1.125p, that will require the sale of an awful lot of shares, 222.2m shares for the first £2.5m and then a further 600m shares during 2016.

There will be 2 billion shares in issue by the end of the year unless something changes very soon in terms of revenues.

Anyone seen the H23 2015 revenue figures or are Phorm still too scared to talk about those?

I'd love to know how they are selling their product, now that they don't have DPI as a unique selling point, but are flogging just another algorithm (with added hovver-bovver) like all the other ad-tech companies trying to defeat adblockers.

What happened to the zoom?

[felixcatuk] 16/2/2016 17:05

Up day? In what sense?

LSE says, PHRM no change.
The FTSE meanwhile is up.
And Phorm's cash balance is rapidly decreasing.

So, overall, for you... its a down day.

You can watch it go down here;-
.



NB; not including the recent placement costs.

[andy pipkin] 16/2/2016 14:22

The huggers tend to go missing on up days.

[igbertsponk] 16/2/2016 14:00

Huggers day off ?
Price taking a breath before the next surge upwards.

[btcustomer] 15/2/2016 17:42

Anyone seen news of Phorm's H2 2015 revenues?

Don't forget that on Jan 18th, they were making THIS forecast:
Phorm is pleased to announce that, during Q4 2015, the Company identified and implemented additional significant cost savings, with a resultant average cash burn rate for H2 2015 of approximately US$1.5 million per month.

The Board is currently forecasting a further decrease in the Company's average cash burn rate to between US$0.63 million and US$0.71 million per month during 2016, with the forecast total cash requirement for 2016 being between US$7.5 million and US$8.5 million.

and you have to add to that, extra interest and fees due to the failure of their share issue on that day. Let's call it a round $8m MORE cash - and that is AFTER the 24th Feb £2.5m (pounds) they need just to pay creditiors at the moment - that's an awful lot of shares they need to issue at the present price... about 633m - on top of the 300m shares they need to issue by 24th February. They'll be on the 2 billion share mark before we know it.

Exponential seems to be the wrong word to use for this potential growth in share numbers. We need something a bit faster.
(13 years to the first billion shares, only one further year to get to the second billion shares)

If they're still trading.

[andy pipkin] 15/2/2016 17:05

ZOOOOOOOOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMAAAAAAAAALLLLLLLLLLOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMAAAAAAAAAAAAAAAAADINGDONG

[btcustomer] 15/2/2016 15:09

IgbertSponk, either your maths or your memory (or more probably both) are very wonky indeed.

You're not very good at this trolling are you?
It would be safer just to stick to what you know - regular repeats of variations on "zoom".

Anyone coming up with the initial £2.5m cash that needs to be spent on new shares?

Have Phorm started earning revenue yet?

Where is the further $8m cash that they need during 2016 going to come from?

[igbertsponk] 15/2/2016 14:53

Up 12% today. Only 72 more days like this and back to all time high.

[btcustomer] 15/2/2016 13:45

£2.5m worth of shares to sell in the next 9 days?

Available cash of MINUS $1.8m.

Revenues in H2 2015 of ... what exactly? Not $25m that's for sure.

A further $8m cash required during 2016.

"Value" still appears to be firmly under lock and key.

Viollette keeping very quiet in their offshore hideaway.

[bluecar1] 15/2/2016 13:17

And the share price self inflates without a supporting trade

If I was cynical I could think it was to try and present a more rosy image to try and make it easier to raise the $2.5m to secure the last tranche of cash

Lets see what happens

As ever DYOR carefully and thoroughly

[btcustomer] 15/2/2016 10:09

Main Phorm activity seems to be domains travelling around the akamai cloud rather than money moving around the stock market or bank acccounts.

[bluecar1] 15/2/2016 09:34

3000 pit props spotted in the wild this morning

[bluecar1] 12/2/2016 14:33

And ad flingers wonder why they are not loved?



Or put "Skype users were targeted by bad-ad pushing Angler crooks" into your favourite search engine

[igbertsponk] 12/2/2016 13:14

I think Kent has moved on from Phorm BTCustomer. Any chance of you joining him ?

[igbertsponk] 12/2/2016 09:41

I think Bigger called our resident hugger a name. So hugger has now found a new Bigger target for his ire now that Kent has left the building.
Such a hater, must be a sad life.