Rhythmone Share Discussion Threads

[jarvis4] 02/8/2018 14:24

BARKERS - this thread was like black pudding sans English Mustard whilst you were away. Your light heartedness is a good foil for those operating on the dark side.

[leluot3] 02/8/2018 14:22

Soon time eh digi for yet another of your stocks to go bust!

Do I detect a sharp downward movement over the past seven days!


See you at £1.50 buddy.

[jonc] 02/8/2018 13:55

Nice work Sikhy. Like the Canadian Mounties he always gets his man.

[sikhthetech] 02/8/2018 13:53

Criteo Q2 results..

Criteo Reports Results For The Second Quarter 2018, Adjusts Fiscal 2018 Outlook And Announces Acquisition Of Pioneering Retail Media Technology Platform

[barkboo] 02/8/2018 13:38

Johnny Boy - Can you provide evidence to the contrary?

Johnny Boy - ADVFN - I am getting the Indian connection, it's getting warmer. lol

[gowlane] 02/8/2018 13:08

That whole debtors situation is another messy area that shows the danger of growth by acquisition.

You don’t really know what you have bought until after you have paid for it.

1R took over debtors from Rad-1 at a valuation of $38m and from Yume another bunch of debtors valued at $22.8m, so almost $61m in all taken on with the 2 acquisitions.

Unfortunately for 1R, $4m of these debtors were deemed to be impaired by the end of March, as per the FY18 accounts, page 70.

On balance it looks like a Rad-1 balance unless the due diligence on YuMe was really poor, as this write-off was a mere 2 months after the YuMe deal concluded.

So of the $20m+ paid for Rad-1 a full 20% of it looks likely to be for a dud asset.

Another brilliant piece of deal making brought to you by the (ex) 1R team.

You can see why Singer was let walk in and run the show here so easily.

[sikhthetech] 02/8/2018 12:10

Regarding the issue over DataXu court and Yume's settlement..

Annual Report:
Pg 63 - which is what Brassneck was referring to:

"YuMe, Inc.
On 2 February 2018, the Group acquired 100% of the issued and outstanding shares of YuMe, Inc. (YuMe), a Redwood City, California based company for a consideration of $163.4 million which consisted of $61.6m in cash consideration and 26,048,596 of RhythmOne’s common shares issued with a value of $100.9m and $0.9m due to the settlement of a pre-existing relationship"

and
Pg 79.. Note 29 Exceptional Items from continuing operations... which is what I and JonC were referring to...

"The acquisition related costs primarily relate to the acquisition of YuMe, RadiumOne and Perk Inc. The exceptional costs primarily relate to restructuring changes, onerous lease provisions, severance charges and a payment related to a commercial litigation settlement."

Litigation Settlement 976k

The 2 are different...
The 1st refers to "$0.9m due to settlement of a pre-existing relationship
The 2nd refers to "commercial litigation settlement"...litigation $976k..
The 1st refers to shares issued, the 2nd is cash..


The figures for both are different, the former is "$0.9m", the 2nd "$0.976m".
The 1st paragraph mentions other figures with more than 1 decimal place, so it doesn't make sense to mention only the settlement using 1 decimal place...

why would they truncate a legal figure??? where's the mention of the remaining $76k.. they can't just ignore $76k in legal accounts...

I think the $976k refers to the DataXu court settlement, especially as the court conclusion was 28th March, 3 days before yr end...

unless someone can prove otherwise...

[rocket fuel] 02/8/2018 12:09

oh dear sikh, that's bad news for digi.. he will be cowering behind the sofa waiting for the high court sheriff to knock!

[sikhthetech] 02/8/2018 12:06

BoE puts up interest rates by 0.5% to 0.75% as expected...

I hope no one remortgaged their home and bought 1R.... ;-)

[barkboo] 02/8/2018 11:53

RF - he is an edgy guy, but he dont mess about. Take a lesson!

[barkboo] 02/8/2018 11:52

Nano doing rather well on no news? lol I think when people realise the fruity connection....there could be some more fun.

Just a guess.

[jonc] 02/8/2018 11:50

Expecting a break below 190p today and then:

Short to zero.

[rocket fuel] 02/8/2018 11:50

If I remember correctly barky, he also said, just a couple of months ago, that he never takes a blind bit of notice of the tripe that you post on these boards!

[rocket fuel] 02/8/2018 11:37

barky, loaf is just one of the family members who is in deep negative equity on his unfortunate rthm holdings.. its all been a nightmare for him.. one would expect him to be a tad sour at this stage of the game after 10 long years of wealth destruction.

[barkboo] 02/8/2018 11:33

RF - I see Loaf has your measure. lol

[rocket fuel] 02/8/2018 11:32

hey footy, what's the story on fibreglass roofing? a mate of mine is throwing up a single storey extension and it was recommended he goes for a fiberglass flat roof. what do you reckon footy, any probs you know about with that system?.. don't be charging me any of your fancy rates for a bit of free advice either.

[digitalis] 02/8/2018 11:25

This heat must be getting to Sikhs uncles.....soon be time for another bereavement....

[sikhthetech] 02/8/2018 11:06

those glassdoor reviews since Yume acquisition...

18th May so recent..
"a company continuously heading downhill"

[sikhthetech] 02/8/2018 10:52

Barky,

"I have it on good authority"...

who's the good authority please?

it's not the scaffolder's doing business with the BoD, is it?




BARKBOO31 Dec '16 - 09:12 - 3851 of 3852 1 1
No secret Hopeful Holder - scaffolders have talked, worked, and even done business with board and ex. board members - we are informed that the RTHM business is positioned the best it has ever been, with competitive advantages ready to destroy other opposition...top management are very happy and excited.

RTHM/BLNX IPO¢d in 2007, valued at $250 million (£125m) and was one of the best performing companies on the FTSE AIM 100 in 2013. It has already been valued by the market at over 1 billion.

Ok - if the RTHM business is positioned the best it has ever been and the same market already valued it at 1 billion - what would you say the positioning strategy should be by it's investors? lol

Scaffolders reckon 240p..just over the billion - what would be you guess?