Rhythmone Share Discussion Threads

[gowlane] 27/3/2019 17:12

Well hopefully there will be some media reporting of the UK trial so that we can see what it was all about.

Was it Digi who speculated that Meg Whitman orchestrated the Edelman affair to get back at Mike lynch?

Accepting that Blinkx were as guilty as hell but it would not surprise me one bit, she did have Harvard connections and seemed to absolutely loathe the man.

[sk02457] 27/3/2019 16:35

Was of course unable to buy a b....... thing

[sikhthetech] 27/3/2019 11:42

Mike Lynch...
UK court case started this week...

Obviously innocent until proven guilty...


According to Companies House, he was appointed to rthm (then blinkx) on 7th May 2007, so was a director when rthm(blinkx) bought Zango, and he resigned 31st Dec 2014... so resigned almost a year after the 2014 blog and months after the 2014 profit warning...





Jan 2009 - Blinkx buys 'certain' Zango assets after it's foreclosure

fy2009 $13.9m, $21.3m, ($8.8m)
2010: start sp: 175p
fy2010 $33.6m, $14.5m, ($8.5m)
2011: start sp: 832p
fy2011 $66.1m $52.8m $7.6m
2012: start sp: 777p
fy2012 $114.4m $38.4m $3.9m
2013: start sp: 657p
fy2013 $198m $55.9m $17.4m
2014: start s: 2065p
fy2014 $247.2m $126.9m $12.2m

Jan 2014 Blog
July 2014 profit warning

2015: start sp: 260p
fy2015 $214.9m $95.7m ($20.8m)
2016: start sp: 165p
fy2016 $166.7m $78.4m ($92.3m)

[sikhthetech] 27/3/2019 11:22

gl,

Yes rthm is good as a trading share.. except this time there aren't any 'disappointing' results to go through - they decided to skip that!!!..

As to the 'discretionary' buy back, Yume also had a buy back before the rthm/Yume takeover...look what happened...



Their buy backs were around $3.61-$3.64..



There was also a special divi of $1 a share, just before the rthm/Yume deal was announced...

Yume's last share price on Feb 1, before completion closed at $3.70.
Compare that to the buy back prices!


rthm share price when rthm/Yume announced around 370p
rthm share price when rthm/Yume completed around 270p
current around 170p

[sk02457] 27/3/2019 10:58

RhythmOne is ranked #4 out of 137 Advertising Networks technologies in Datanyze Universe.

[football] 27/3/2019 10:56

Yes Gowlane your right with your Totally's so called share buy back has gone from 55p down to 10p+ but you are still ramping it non-stop

[gowlane] 27/3/2019 10:42

Well that is a very fair point 1gw, a potential trailing p/e of 16 must feel like bliss to the old time investors here after the last few years.

But growth by acquisition has not really worked up until now, so there is room for doubt there.

Lots of punters are on board for the buyback I imagine, but Criteo had an $80m buyback and are now back down at their lowest ever share price

So maybe Archy is right and these are really trader stocks, a quick in and out, if it goes well picking up a 10-15% gain, and not hanging around too long.

[kendonagasaki] 27/3/2019 07:23

Will we ever get RTHMs final results covered in the webcast?Would Like to know how thier year ended?

[wheeze] 27/3/2019 06:34

Four trading days to go and no sign of short covering in either camp. Leads me to believe that short selling may have been perpetrated by the same parties who have been buying in big. Easy enough to return a couple of million shares when you have several million in the bag. All speculation and no evidence whatsoever. Any thoughts ?

[football] 26/3/2019 23:38

could it be the same ip address for both


sikhthetech26 Mar '19 - 21:12 - 11165 of 11166

gl, good post





stt what do you see when you look in the mirror?



gowlane?

jwoolly?

or yourself?

[2oco] 26/3/2019 21:55

We should be getting a webcast for the shareholder.

“presentation to shareholders post completion, most likely via webcast. ”

From Tap ir.

[1gw] 26/3/2019 20:53

gowlane - I think the outlook may be for significant synergy benefits (cost and revenue) plus of course R1 running with the benefit of all the cost cutting that was implemented in FY19.

We may get some early thoughts on synergy potential at the roadshow on 10th April, or otherwise when finnCap produce their first proper note sometime later.

But even without considering the synergy-driven jam tomorrow, as a multi-year R1 holder I find a trailing p/e of about 16 pretty impressive!

[sikhthetech] 26/3/2019 18:05

Wheeze,

"Whats the opposite of Revenue pumping"


Revenue pumping and then unable to back it up sounds very much like...

rthm posting bullish comments but then not backing them up when it comes to results/outlook, which they have been doing for years

Nothing new there then for the old blnx team... ;-)

[gowlane] 26/3/2019 17:39

On the face of it, the Taptica results looked fairly decent with a Net Profit for the full year 2018 of £17m ($22.5m).

But the section on current trading in the scheme document certainly reads like a profit warning from them, so lower profits in 2019 look very likely.

For RTHM, given their refusal to commit to any credible guidance on Oct-March trading it is a fair bet in my opinion that they are struggling even more.

Anyway let us give them the benefit of the doubt and say RTHM manage to break even for the full year to March 2019, so leaving us with an optimistic £17m net profit for the combined entity.

A current market cap of £140m for Taptica and £137m for 1R (per LSE), gives us a combined market cap of £277m and makes for a trailing p/e ratio of about 16. Not especially cheap given the outlook.

[loafofbread] 26/3/2019 17:05

2oco,

Tap are already in China (tap website has a chinese version which impressed me)so rolling out Rone and Yume must be top of their list.

[sikhthetech] 26/3/2019 15:17

Industry challenges - move to fee transparency..move to fewer DSPs/SSPs - as expected...
More demands for transparency...


Agency Demands For Transparency Have Lasting Ramifications For Sell-Side Tech

"Agencies have already put the squeeze on their demand-side tech partners to be clear about margins and fees. Now they’re coming after SSPs as well."

"Clarity in sell-side business models has become critical due to header bidding, which allows buyers to choose the most efficient path to supply. To do so, they need to understand exchanges’ opaque rev-share models with publishers."

"SSPs and exchanges must comply with agency demands, or risk having their pipes turned off."

[football] 26/3/2019 15:10

EU's controversial copyright law has been approved

Under the new law, tech giants will be held liable for the content posted on their platforms.

[2oco] 26/3/2019 14:49

In the intrest of viewing all details good or bad for the company. I found the following link interesting.

[football] 26/3/2019 12:22

Thanks for the heads up on the gdpr stuff that must of passed me by and didn't realise it was picking up momentum 2019.

Just wish someone would have put up an article and let me know sooner about it.