Rhythmone Share Discussion Threads

[kendonagasaki] 21/10/2018 15:33

Do you mean bashing the bishop?

[football] 21/10/2018 01:09

STT DOES NOT HOLD ANY SHARES IN RHYTHONE BUT BASH'S 24/7 365 DAYS OF THE YEAR WHY?

[sikhthetech] 20/10/2018 18:56

ff, don't forget this extract from the TU...

The TU reminds everyone of the risks attached to the forward looking statements...


These and other risk factors are discussed in "Risk Factors" of RhythmOne's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on July 31, 2018, a copy of which can be found at www.sec.gov."




These risks include those the company has already warned about...

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 ......."




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. "

[sikhthetech] 20/10/2018 18:49

FF, with TU, don't forget..

NO CASH balance specified, CFO Leaving

They said similar in fy TU but then forecasts were reduced, weren't they?...
They also changed from Market to Management forecasts...


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..Sept..

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

[loafofbread] 20/10/2018 17:49

Jonc2c. Interesting post which I have to agree with.

I have 100% confidence in the trading update and guidance and as of 20 hours ago they have nothing new to say that needs updating to the market.i.e nothing has changed in the last month since those pretty good numbers.

That being the case, £1.70 may look to be a bargain when the interim results come out.

I can only assume that Fridays trade has rid us of a persistent seller/overhang and the bounce back is just as quick.

[1gw] 20/10/2018 16:52

Ff- if you must keep repeating that extract from the TU, don't you think this bit is just as relevant? Its hint of possible near-term corporate action is perhaps just as relevant, both to recent share price performance and to future expectations.

"With the addition of Mr. Zorko and its strong H1 2019 performance, RhythmOne believes it is well-positioned to continue to seize on the consolidation opportunities that exist in its industry.  The Company continues to evaluate various strategic opportunities with a focus of maximizing shareholder value. "

[freddie ferret] 20/10/2018 16:32

Just so you know the facts.






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).

Mark Bonney, President and Chief Executive Officer said:

"We are excited to have Mark join the team and believe this addition brings a level of experience and sophistication to our finance team that will greatly contribute to the future success of the Company and our continued execution against our financial plan. Together with the addition of Mark and our strong H1 2019 performance, we believe we are well positioned to deliver further strong performance in FY2019."





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seball - 09 Oct 2018 - 12:26:39 - 246 of 346 RhythmOne - All New 2018 And Beyond - The Rampers Thread - RTHM
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



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seball

9 Oct '18 - 17:40 - 259 of 351
0   2  2



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

[freddie ferret] 20/10/2018 16:30

Just so you know the facts.






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).

Mark Bonney, President and Chief Executive Officer said:

"We are excited to have Mark join the team and believe this addition brings a level of experience and sophistication to our finance team that will greatly contribute to the future success of the Company and our continued execution against our financial plan. Together with the addition of Mark and our strong H1 2019 performance, we believe we are well positioned to deliver further strong performance in FY2019."





.........................................................................



seball - 09 Oct 2018 - 12:26:39 - 246 of 346 RhythmOne - All New 2018 And Beyond - The Rampers Thread - RTHM
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



...............................................................................................................................................................



seball

9 Oct '18 - 17:40 - 259 of 351
0   2  2



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

[jonc2c] 20/10/2018 11:38

Interesting shenangighans. I have it from a good mate of mine that Bonney won’t talk to shareholders hiding behind close period. Since most of the questions she had were around who is running this company, she thought that was a bit limp. The trading update and guidance of brokers remains valid so one has to take trading at face value or they are complete liars. Therefore one must conclude the trading, volume and silence from the company are linked as with no comment on share price drop, I tend to believe a previous poster who suggested something takeover related is going on. Whatever it is as a PI I hate being played. That volume on Friday was real. Someone took a big dump.

[kendonagasaki] 20/10/2018 11:33

Wheeze.Im only in now because Tosca and Lombard and RG still hold.Silky is implying its a total con and we all know Jon c's thoughts?Tosca can easily with Lombard and RG launch their own bid if they thought their stakes were in trouble.But as far as i see Tosca are quite happy and they paid an average of 4.00.Something is brewing and it will soil silkys lunghi and jon C's g string very soon.

[gowlane] 20/10/2018 10:42

Don’t rely on a takeover to save the day.

Remember that Rocket Fuel (once valued at around $2Bn) was taken over by Sizmek over a year ago at one third of revenues, or $145m.

In the case of RTHM, with declining revenues, that would now be about $120m, so say $1.50 a share or about 120p.

Anything could happen but there is no safety net here.

[loafofbread] 20/10/2018 10:33

Has to be Lombard or Tosca and they certainly played hard ball with the seller on Friday.

[loafofbread] 20/10/2018 10:30

A line of stock became available and much the same as buying a house the buyer was in charge.

With luck thats the overhang gone and we can move up.

You have to laugh at the OTC trades. A $200 on the bell sell gives the 10% drop at close. Priceless stuff.

If it is Tosca increasing then this will probably be over by xmas.

[jarvis4] 20/10/2018 09:48

LCWA - have you not read the recent posts?

[wheeze] 20/10/2018 09:30

Cheers Kendo. Watching the situ closely. If Lombard has added as has been suggested on this board, the tide may turn.

[lance corporal winstanley ash] 20/10/2018 08:44

Morning all. Huge volume yesterday! Any theories as to What a going on?

[digitalis] 20/10/2018 08:12

Lol...thanks barky far better explained than I could have given time to 1gw.....
These cowboys in charge of R1 are not stupid and if any of their comrades or associates reading these threads think we are a cent short of a dollar they are mistaken.....
I feel the end game is near.....to me this is like the auction of a 10yr financial interest of mine and I’m not gonna lay down and see Tosca dictate terms......
Was the early TU released to get it out the way and settled so Tosca had a free bite at the R1 cake from their latest inheritance?.....
It does no harm to rake these cowboys over and let them know we are hot on their heels microscopically looking at their every move!!

Have a good weekend all....and tell me your not also very disappointed with the share price!!!!

[kendonagasaki] 20/10/2018 08:02

Wheeze if results are not good and no clarity provided in November I think there will be a huge sell off and another price plunge.Don't hold till zero....you will lose all your money in this investment.

[wheeze] 20/10/2018 06:18

High vol day and share price crashes...Andy/Investorgirl - views???Stt, I will give you my view fwiw.The share price is being played like a violin. Anyone who says SETS cannot be manipulated is living in cloud cuckoo land. The price is being driven down to persuade small investors to part with their shares. The tempo is increasing as we approach results in November. SOL no doubt increasing. They probably think the reward is worth the risk, nevertheless if PIs do not capitulate they will get burned very very badly. These are people with deep pockets as you well know, so no doubt they can afford to lose 20-30 million on shorts if push comes to shove.I for one will hold down to zero if needs be.

[wheeze] 19/10/2018 23:59

The derampers are really getting desperate - even the red type is being trotted out. LOL.I hope it's worth it. The pay I mean...

[midasx] 19/10/2018 22:40

Yes that is the plan, grind investors down and try and make them feel happy to accept a low ball offer!

Tosca and their paid derampers are working on it!

The share price rises on actual numbers and is then walked down again, psychological warfare at it's best.

[kendonagasaki] 19/10/2018 22:07

Well tosca are also under water here?They are the biggest shareholders here and back the senior team in charge.They can easily mount an agreeable takeover should they wish to do so.3.50 or over i will take it.