Rhythmone Share Discussion Threads

[sikhthetech] 22/10/2018 14:42

Investorgirl,

Thanks for your views.

[sikhthetech] 22/10/2018 14:40

arteespresso,

thank you for spending your SPARE time on telling me how I should spend mine. Did you look in the mirror whilst posting that?... there's nothing wrong with my time/financial management... but thanks for your concern...

[jarvis4] 22/10/2018 14:34

digi ‘financial neighbourhood watch’ - love it!!

[precinct14] 22/10/2018 13:52

^ Barmy Dreamers (apologies to Kate Bush)

[investorgirl] 22/10/2018 13:34

I think one of you asked for an opinion after Friday's action. There were two chart gaps on Friday, drops of about 5p to 177p in the morning which was filled before the sharper gap down in the afternoon of about 10p from 180.
That secondary one wasn't filled but it has been largely now, which should be a relief to holders, it now seems it may have been a bear trap. (That is why i use consecutive closes and margin of error to avoid being sucked in by these sudden apparent swings, a method which isn't always successful but does reduce the risk).

In chart terms this is a pivotal point, the stock is oversold from 240p and due some sort of a bounce, but support of 195 now becomes resistance. Volumes were strong on friday. I now have an area from 160p-200p which could prove to be a short term range.

But it is now more difficult to call than previously, and i am much less confident than in previous posts. Gap downs are always a concern and two in one day without news i find relatively unusual. I will keep monitoring.

[digitalis] 22/10/2018 13:28

We would be back to £500mil cap in a flash if someone else really accumulated stock or asked to see the books imho

[barkboo] 22/10/2018 12:59

Digi - "hoping a third/fourth party steps in to stir things up......" that would be the end of the gangsters game..and my thought/hope for sometime!

Even a moody bid by one of Singers's many acquaintances? lol

[freddie ferret] 22/10/2018 12:53

This is a far bigger company than in 2007.

[digitalis] 22/10/2018 12:49

Excuse my discontent Jarvis.....I consider it a financial neighbourhood watch..lol

[digitalis] 22/10/2018 12:45

Afternoon barky....I think if i was planning to hook the R1 duck I would give the market a few incentives to believe I was doing everything in my power to turn something around...doing my very best....a bit like a pool hustle or sting....certainly no point in leaving clues to your real intentions.....swoop when everyone is off guard and at a low point....then clean up the class actions with a bit of cash after the event!......just a thought
really am hoping a third/fourth party steps in to stir things up......

[loafofbread] 22/10/2018 12:40

Nov 13 first half results had us at $18M EBITDA and $110M revs and a market cap soon to be just below £1 Billion pounds!

Nov 18 first half results have us at $20M Ebitda and $180M revs and a market cap of just over £130M.

Singer confirmed at the AGM he is not in a concert party with Tosca (my question) and that as a 5% share holder he is as keen as the rest of us to see value restored to the shares.

I am confident that nothing has changed since the TU.

Under valued and over sold and a gift.

[jarvis4] 22/10/2018 12:34

The very idea of delisting is just appalling although I can understand how the company’s financial performance over the last few years coupled with share price performance might give weight to that view.

However, the TU was very upbeat and positive, contains impressive numbers and growth and Singer talks about shareholder value and the opportunities for consolidation in the industry.

All of that does not, to me, have the whiff of defeatism which I would have thought would be necessary. However, this is Aim so anything is possible given that there is unlikely to be any interference from the FCA.

As ever, we small PI’s sit and wait.

[sikhthetech] 22/10/2018 11:46

Midas,

"The share price rises on actual numbers and is then walked down again"

Not really... if you look at the sp, it rises prior to the TU/results, in anticipation of good results but then falls back when the company fails to deliver...



19th Apr TU - share price was 182p...rose to 244p by May 3rd - the traders, pretending to be holders, rise of around 30%....then traded below that 244 after the traders cashed in..



14th June - they announced their disappointing results... share price was 230p..

and as usual with 1R, the share price crashed back down to 170p by July 4th...


25th Sept - H1 TU.. prior to 25th the share price rose.. closed 223p...continued slight increase following day, before long decline back to 170p...

It is still a 'show me the money' company...

[digitalis] 22/10/2018 11:24

Ok borg.....watching closely,our largest shareholder Tosca seem very unhealthily quiet to say they have been battered on paper.....

[digitalis] 22/10/2018 10:48

My champagne is on ice.....I will be the first to commend the management when they give the market something that will return us back to a valuation,at the very least around the yume acquisition....
Tick tock Eric

[digitalis] 22/10/2018 10:35

it’s a very compelling read borg even I would want Viex in my bed with Bonney reading it to me every night before I fall asleep dreaming of riches long gone....
The fact is quantum also suffered at the hands of Singer and co. even after that phenomenal todo list.....their shareholders are looking at half price stock compared prior to the visit of the dynamic duo!
Let’s not blur what we are looking at...we are looking at well below half price stock hinging on a promise of a return to the promised land......

I can’t wait......not long now

[stocky] 22/10/2018 10:23

Surely PIs hold less than 10%?

[sikhthetech] 22/10/2018 10:11

ff,

And also there was no mention of CASH balance... also CFO leaving...

They said similar in fy TU but then forecasts were reduced afterwards...

They also changed from MARKET TO MANAGEMENT forecasts...




fy TU:

"We believe we are well-positioned to deliver a further strong performance in FY2019 – fully in line with current consensus estimates in MARKET"




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

[digitalis] 22/10/2018 10:05

I personally would give Bonney 5% of my stock at £3....£4.....£5......and so on.....show us a clean incentive plan that we can understand and it will give the market confidence as to where the fkn drivers of this bus are going!!!!

[digitalis] 22/10/2018 09:58

It would also be nice if Viex and its boss practiced what they preached.....the article 2coco posted last week gave an insight into the proposals,projections and practices employed when Viex is manoeuvring to take over a boardroom.....one part of the document stated share incentives for the board with clear targets to activate those share incentive/options......
Now all we have is the boardroom awarding open ended arrangements with NO clear stock price targets.....I wonder why!

[kendonagasaki] 22/10/2018 09:54

9 quid??!Need a hell of a lot of clarity.Most small pi's will take 4 plus!Can't see institutional holdings take that unless they involved to take it private.Im a seller at 3.50.