Rhythmone Share Discussion Threads

[sikhthetech] 03/10/2018 12:18

Gl
"We have just had revenue projections shrinking by 25% in the last 9 months alone, if you take $360m-$380m as the new credible target for FY19"

Yes... they missed their forecast..so instead of saying "below market consensus" they decided to report it as "in line with management forecast"..

Smoke and mirrors...


Q1 TU vs H1 Tu..


Q1 TU:

Outlook

“We are pleased to provide this update on our first quarter trading in FY2019, with revenue and adjusted EBITDA1 performance in line with current MARKET expectations,” said Mark Bonney, CEO of RhythmOne."



H1 TU..Last week..

" Performance for H1 2019 is expected to be in line with MANAGEMENT expectations

[jarvis4] 03/10/2018 12:18

Interesting posts as ever guys. I fully understand digi’s jaundiced views and he may well prove to be correct in due course. That said I am one of life’s optimists and tend to extrapolate good news.

The facts seem to be that the company is now moving quite quickly in the right direction. There have been too many techies in top positions at the company for too long. What has been lacking has been hard nosed drive and people with a market profile - whatever that might be. That has now changed.

My view is that the days of opaque language and numbers are now behind us. We see the changes wrought so far and I expect the actual H1 numbers to set out a very positive story.

What the end game might be is in the lap of the Gods.

[sikhthetech] 03/10/2018 11:29

"Because that is standard practice in the States Silk, quarterly updates are the norm."

Last time I checked, 1R were listed on AIM UK.. not US..

[jonc] 03/10/2018 10:43

I can see your post berky just as you can see my post.

lol.

[midasx] 03/10/2018 10:36

Because that is standard practice in the States Silk, quarterly updates are the norm.

We have not had a trading update as yet, the RNS reporting the change of CFO was accompanied by a simple statement of trading in line to counteract negative comment from de-rampers like yourself.

[barkboo] 03/10/2018 10:36

There you go - two filtered non invested rags, with no financial interest hiding my points within ten minutes.

Go and learn about these guys!

[sikhthetech] 03/10/2018 10:33

"what’s keeping the investment away?."

Maybe because 1R have a history of making bullish statements and then not backing them up when it comes to results...
No different this time...

[jonc] 03/10/2018 10:08

what’s keeping the investment away?.

You know the answer.

Nobody trusts the Company or its various BoDs.

The current lot have just issued an RNS that is in my view inaccurate so on it goes and it is reflected in the price.

[digitalis] 03/10/2018 10:05

Good post barky,this is an amazingly hot sector,we are talking about some very canny individuals here who must be aware potential is capped on aim?....R1 company peers at massive valuations compared to us,what’s keeping the investment away?.....is it Singer and viex,is it AU. related or just the sewer we swim in aim where nobody takes it seriously because of the known manipulation?......
Lots of unanswered and a very unappreciated stock

[jonc] 03/10/2018 09:48

Berky defends his corner and surprises himself with a plum when he was expecting a fig.

[digitalis] 03/10/2018 09:23

And let’s not forget one simple fact....the R1 valuation has been decimated since he took control...something that follows singer around from my research!!.....
Just my thoughts Eric!

[sikhthetech] 03/10/2018 09:16

Midas,

" much more detailed TU could be a start and should be released any day soon!

Why should there be another TU any day soon...
there maybe a rns informing when the H1 results are but why another TU.. the results are likely to be Nov...

[digitalis] 03/10/2018 09:08

Morning barky,you could also view Singers repetition with “cost cutting” and head chopping as this being a company in open heart surgery so stay away investors?.....
I don’t think it was half as bad as singer has driven us to believe.....he now has full control with his agents in every department,and lets not forget the longer he keeps R1 in surgery the better average price with which to base a bid!!
Just a thought

[sikhthetech] 03/10/2018 09:06

NickMida,


The BoD issued the TU, missed market forecasts..
nothing new for 1R..

[barkboo] 03/10/2018 08:59

Morning all - when you see Loaf throwing the towel in, it goes to show how this relentless attack is killing the spirits of pi's.

Loaf has already posted examples of similar businesses in this sector valued at many multiples higher....potential, turnover, reach, safety brand all mean nothing when this scum of a casino want things their way....I think Singer has long since realised that profit is the only way to kill the scum...his hard lined actions so far are in line with what is needed.

If he manages to jump the market we will see the £24 very quickly - however he will only jump the market with real profit, he will not realise a good share price then play the double whammy with solid profit - I believe he will act before or on interims...if not, this market will continue to win the battle and the company will lose supporters like Loaf.

Sikhthetech/JohnnyC/Gowlane et al will have won - my investment stays, along with a lot of friends...and their money.

I think if Singer was looking to take this private - his aggressive cost cutting was not the correct poker play....at least not until after the move! Having said that, I always respect Digi's views.

So continued good news and poor share price looks to be on the SCAMPI menu - November will be no hiding place!

[digitalis] 03/10/2018 08:05

I’ve thought that was Singers plan all along,except it won’t be a public sale it will be a private sale......
Get us listed on the main market or stateside and I will look at this again......currently we are primed to want R1 putting out its misery.....I will eat my hat if a hedge fund exec like singer follows through with this.....

[midasx] 03/10/2018 08:05

Got to be one of the most manipulated stocks on the "Market" loaf.

Still the new BOD main focus is shareholder value creation so watch this space!

A much more detailed TU could be a start and should be released any day soon!

[loafofbread] 03/10/2018 08:04

Tosca obviously still rate the sector hence the £50M invested in S4 (see RNS)

Has to be a game plan here for them?

[jonc] 03/10/2018 08:01

You stay in denial Midas.

[midasx] 03/10/2018 07:59

C U Next Tuesday it is Wednesday today?

JonC
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