Rhythmone Share Discussion Threads

[lance corporal winstanley ash] 10/10/2018 08:27

What's holding the back from moving to a US listing? All previous management have mentioned it but none of them have followed through.

[barkboo] 10/10/2018 08:24

Loaf - I agree it is a waste of time be listed over here..When the Yume deal was going through the arbitrage was preventing this aim index from killing the deal and trashing the share price even worse.

The Yume Yankee listing was keeping this a little honest - if Singer can get this to around £7-£10.....I am sure we get that Nasdaq listing fairly quickly.

[barkboo] 10/10/2018 08:13

Call me old fashioned - but why would you reduce costs at the speed that Singer has achieved, then continually confirm his aim to bring value for his loyal investors?

Real profit has been confirmed - kinda promised, and all news coming out of the company has been very positive since he has taken control.

Now if I was looking to stitch - which is not my nature.....I would do a Theresa May, and make like a Submarine.

You can usually spot dirty play - the reasons, the motives, the approach....perhaps Singer has bought the market as well?

[seball] 10/10/2018 08:07

Loaf they are UT uncrossing trades so should be ignored.

[loafofbread] 10/10/2018 08:05

Yesterday 2X 4 shares at £1.90 and today 2X 14 shares at £1.90 in the aution.

What a waste of time being listed.

[jonc] 09/10/2018 22:37

Are you drunk?

Everything is lower than a year ago.

[2oco] 09/10/2018 22:04

That’s a nice increase in the eps. Should make an impact on the share price.

[football] 09/10/2018 21:00

FFS! don't you ever give it a rest?

[digitalis] 09/10/2018 19:08

Good reasoning Jarvis.....why would Singer take a sh*t in his own pond.....everything outside his pond is a target for this vulture capitalism attitude.....

My hat is still on the menu if he returns this to anywhere near the valuations thrown about by analysts at the very least......

[sikhthetech] 09/10/2018 19:05

Luafc,

Good post..
Also no comments on Cash or KPIs...
and

Changed from Current MARKET consensus to MANAGEMENT...

Smoke and mirrors

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..Sept 25th..

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

[luafc] 09/10/2018 18:37

Ferret:
If you read Note 1 within the TU release that accompanies Adjusted EDITDA, there’s a lot of scope there for management to signal a roses picture. Management have not been very open with shareholders over several years, and there’s not much currently to suggest this will be changing any time soon. The company may (or may not) improve its future financial performance with a consequent share price re-rating.

Cutting and pasting a recent RNS that is cleary limited in scope and selective does not cut it (for me). I am open-minded but remain to be convinced of better stewardship and financial performance.

[jonc] 09/10/2018 18:19

What is the difference in the quality of service provided by Whitman Howard and a hooker?A hooker will provide satisfaction with a happy ending........

[jarvis4] 09/10/2018 18:09

Not sure, for all the lip service about ‘shareholder value’ that Singer has any incentive to deliver. As for a ‘sting’, again whatever would incentivise Singer to sting the fish that swim in the same pond as him?

Unless this is about ego, glory or making some sort of point, all the rational thinking has to lean towards taking this away from this cesspit.

To think that when I first invested in this in the Spring of 2008 I paid 18p per share and tonight, ten years on, we closed at the equivalent of just over 19p. Crazy

[seball] 09/10/2018 17:40

Whitman Howard

Today R1 has announced a positive trading update and the continued restructuring of the business with CFO Ed Reginelli resigning and being replaced by Mark Zorko. This is consistent with continued execution of R1 financial plan focused on accelerating growth and profitability. We retain our Buy and 770p price target.

[jonc] 09/10/2018 17:12

Let us remind ourselves just how useless sell side analysts are.

[jonc] 09/10/2018 17:09

Dirty little man.

[jonc] 09/10/2018 17:09

Ramping this pos will get you nowhere.

[freddie ferret] 09/10/2018 16:51

I've just crxppxx in JonC's shorts.

[freddie ferret] 09/10/2018 16:49

seball
9 Oct '18 - 12:26 - 246 of 256
0 0 1
Let us remind ourselves of how undervalued R1 is.

N+1 Singer Note

Alongside the CFO change announcement, RTHM included a compact update on trading. While H1 revenues are off plan (weak Performance market and integration disruption), lasting effects look likely to be modest and the biggest implication of H1 EBITDA guidance is that costs have been reduced much faster than expected, providing comfort for the full year. EBITDA looks set to continue to soar and investors are likely to focus on H1 19 EBITDA progress; c$20m compares very favourably with $3.1m in H1 18 and $14.0m for all of FY18. Our new FY19 forecast is for $48m. The stock trades on just 3.6x FY19 EV/EBITDA. We adjust our TP to 533p (was 730p) implying investors can more than double their money. BUY.

[freddie ferret] 09/10/2018 16:47

25 September 2018

RHYTHMONE PLC

DIRECTORATE AND MANAGEMENT CHANGES

Management reaffirms its outlook for H1 FY2019 and sees a strong EBITDA performance of $19-21 million up from $3.1 million for H1 FY2018

Management continues to focus on accelerating value creation and strengthening the executive

This transition supports RhythmOne's continued execution of its financial plan focused on accelerating growth and profitability

H1 2019 Update

The Company is finishing the first half of the year strong with year-over-year growth in both revenue and EBITDA(1) . This upward trajectory was fueled by continued growth in programmatic platform revenues. The Company is tracking against its key objectives for the year:
-- Enhancing its unified programmatic advertising platform;
-- Growing its base of data-driven engaged audience segments; and
-- Innovating around video and connected TV (CTV) advertising.

Performance for H1 2019 is expected to be in line with management expectations across key metrics, as follows:

-- Revenue increasing by approximately 50% from H1 2018 to $170 - $180 million (H1 2018: $114.5 million);

-- Adjusted(1) EBITDA increased by approximately 600% from H1 2018 to $19 million - $21 million (H1 2018: $3.1 million