Rhythmone Share Discussion Threads

[jonc] 11/10/2018 13:05

Who is this top advert network to which you refer. It cannot be this toxic pos. So which company is it? I might want to buy in!

[barkboo] 11/10/2018 12:19

This is a massive opportunity for the Company to get stuck into it's own stock - the market has been warned that things are going good but still offer at these levels..

Time for RTHM/Singer to say - we disagree with your valuation, we did warn you and we would like all the stock you can sell us, and more!

Interesting to see how much would be offered - Gordon, how much stock is out on loan?

[barkboo] 11/10/2018 12:05

Gordon - one other point that you will probably understand. I have told this thread somewhere way back that I will reload at £4-44...part of my stock that was used to protect an attack.

Now as you know - I dont tell lies...but that will not be the exact figure I will reload at, or maybe it will - you never know who is listening on here! lol

That my friend is poker!

[barkboo] 11/10/2018 11:55

Gordon - it is a game of poker my friend..that is why some poker players have an edge and some lose?

As for the holdings it matters not if they are not exactly accurate [I did not even read them] it was merely to state there would be many unhappy big players...an opposition to Singer.

I took it for granted I could count on you for accuracy...well done! lol

[barkboo] 11/10/2018 11:48

Yes i think it has been made very clear to him that favourable interpretation is understood by every man and his dog.

Certitude will mean he wont get buried with the bone!

[1gw] 11/10/2018 11:38

This isn't a game of poker barkboo. I don't set stop losses but do sometimes sell holdings at a loss if I think the investment case has changed or I want to use the funds for something else. I am not considering selling R1 to limit losses at the moment, but if it gets back to 270p or so I still intend to consider selling a tranche I bought at around 220p.

You do realise you're quoting 2015 data in your post 298? The HL, Barclays, TD and Halifax numbers are unchanged on the R1 site since April 2015 - all presumably nominee accounts for private investors that they no longer update because they never get any TR-1's for such accounts. Although why they can't simply remove those lines from the site is beyond me.

We also know that Cogefi have gone, or all but, from their own fund notes.

The institutional holdings detailed in the annual report as of 31st May notifications were just Toscafund, R&M and Lombard Odier, plus the Viex/Singer holding. In addition they report the Hargreaves Lansdown Asset Mgt account (i.e. private investors holding through one of the HL nominee accounts) at 3.7%.

[digitalis] 11/10/2018 11:36

Your bloody right there barky!....he’s had long enough now to show clear direction backed up with juicy numbers......I also feel profit has been floating around for a while now.....it’s time this blew up in the face of manipulation.....

[barkboo] 11/10/2018 11:29

One thing is for sure Digi - come November he will not be able to keep digging that hole..he will either hit the treasure, or we will push him in the hole and and fill it in!

[digitalis] 11/10/2018 11:23

Lol.....Singer and his close allies wanted R1 for a lot longer than it’s shown on paper....
All I can compare today’s situation to is when Gordon brown moved in to 11 Downing st and Ken Clarke moved out!!.....

[barkboo] 11/10/2018 11:21

dyardley - "1gw. Do you ever run a stop loss?" only a skint full grown idiot would tell other poker players his plan.

Giving anyone 10 second notice is too long!!

[lance corporal winstanley ash] 11/10/2018 11:14

Hey Alex. Not speaking in the third person today?

[digitalis] 11/10/2018 10:58

Best case scenario if it looks like we may show a bit of profit an acquisition will keep us crucified for another 6 months,keep the accounts fogged up till all Singers ducks are lined up?.....

[dyardley] 11/10/2018 10:52

1gw. Do you ever run a stop loss?Cheers

[digitalis] 11/10/2018 10:52

My opinion has also never changed that the scheming paid bashers above have also contributed to the uninterest in the company with yrs of tenuous negativity dribbled 24/7.....I have seen this twice before on advfn involving silkstag one of sikhers comrades attacking companies 24/7 to the point the banks stop backing or the management have to take the companies private defensively.....
I feel that is what is brewing here......the company may go private for a few yrs and aim will be blamed by management....if it leaves the main market game over the hedgie s can do what they want......

Just a view

[jonc] 11/10/2018 10:41

Could be a CAKE situation!!!

[sikhthetech] 11/10/2018 10:41

Growth forecasts...

The company has a history of failing to meet forecasts.. they've had to be lowered before...

why should it be any different this time???

[sikhthetech] 11/10/2018 10:39

The company has warned:

"MATERIAL WEAKNESSES", "SIGNIFICANT" costs, "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE.""


"D. Changes in Internal Control Over Financial Reporting

As a result of material weaknesses related to the (i) insufficient nature of RhythmOneââ‚ÂÂ;¬ÃƒÂ¢Ã;¢â‚¬Å¾;¢s formally designed, documented and implemented control processes and review procedures; (ii) lack of adequate controls over key reports and spreadsheets; (iii) lack of key accounting personnel with the requisite knowledge and experience of IFRS for complex transactions and SEC rules; and (iv) lack of adequate control over preparation and review of key balance sheet account reconciliations with respect to the acquisition of YuMe, management is in the process of implementing changes designed to prevent material misstatements and improve its internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act). Specifically, RhythmOne intends to hire necessary additional competent and qualified accounting and reporting personnel with appropriate knowledge and experience of IFRS and SEC reporting requirements. RhythmOne also intends to establish an ongoing program to provide sufficient and additional appropriate training to our accounting staff, especially training related to IFRS and SEC reporting requirements. Additionally, RhythmOne is implementing a reconciliation process whereby invoices received are matched to media buy and publisher accruals."







Page 43..

"SIGNIFICANT costs", SUBSTANTIAL MANAGEMENT TIME", "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE."

"The combined company will incur significant costs and devote substantial management time as a result of becoming subject to reporting requirements in the United States, which may adversely affect the operating results of RhythmOne in the future.

As a company subject to reporting requirements in the United States, the combined company will incur significant legal, accounting and other expenses that RhythmOne did not incur as a public company in the United Kingdom. For example, RhythmOne will be subject to the reporting requirements of the Exchange Act and is required to comply with the applicable requirements of the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act, as well as rules and regulations subsequently implemented by the SEC, including the establishment and maintenance of effective disclosure and financial controls and changes in corporate governance practices. Compliance with these requirements will increase RhythmOneââ‚ÂÂ;¬ÃƒÂ¢Ã;¢â‚¬Å¾;¢s legal and financial compliance costs and will make some activities more time consuming and costly, while also diverting management attention. In particular, RhythmOne expects to continue to incur significant expenses and devote substantial management effort toward ensuring compliance with the requirements of Section 404 of the Sarbanes-Oxley Act, which will increase when it is no longer an emerging growth company as defined by the JOBS Act. "

[jonc] 11/10/2018 10:37

I feel that you have come round to my way of thinking digi.


Good to be in the same family.

lol.

[sikhthetech] 11/10/2018 10:36

There was no Cash nor KPI details in the TU...

They did provide KPI details as part of Q1 TU..

[jonc] 11/10/2018 10:35

He is a wrong un without doubt.