Rhythmone Share Discussion Threads

[alex1621] 06/1/2017 08:08

STT ... a bit too speculative. People do move on particularly in Silicon Valley companies, but the roles that I think are important to watch are the CEO and CFO ... and the CFO going mid acquisition prior to year end is worthy of comment ... I suspect the new guy is here to help with the sale of R1. For those that bought at lower levels that would not be a bad thing.

[sikhthetech] 05/1/2017 23:23

1gw, you could use the 'without knowing the background' argument on everything...
It's a discussion with possible scenarios...

As to Ed leaving, how about this speculation:...
1) Ed got on well with Dwight, they both had similar views. Dwight left and Ed thought it's time to go.. after all Dwight endorses Ed for leadership and management...
or
2) both Ed and Dwight were opposed to the Perk deal. However, BM/SC needed the Perk deal to go through and over ruled them, so they both decided to quit...
or
3) Ed wanted to close PVMG for financial reasons but BM wanted to keep it running, as it was his baby (being ex-CEO)...but Mr O'Connor agrees to keep it running...


any of the above are plausible..
anything other speculation for discussion... The point is we need clarification..

but what we do know is that the timeline shows 2 senior members of staff left after the Perk deal was announced and before the Perk deal was completed.... and before the company Q3 & fy results...


as to financial problems that beset blinkx/1R on his watch... Ed was also there when revenues were increasing, was he not ?.

The financials depend on the business strategy, who's the Chief Strategy Officer....
not moving to mobile early enough, not recognising desktop revenue declines, despite the house broker and industry warnings... all these happened on BM/SC watch..

2) It has been made public now because Ed has left and a new CFO has been appointed and it's a legal requirement to announce it???

:-)

[precinct14] 05/1/2017 22:36

Or maybe he was forced out by Bwian because he didn't agree with the Perk merger- and Bwian simply replaced him with an unqualified yes-man, take the money, mate?

That 'shepherding the company to profitability' line in the RNS made me laugh- missing out the 'wards' after the 'to' was simply a typo, right?

[geheimnis2] 05/1/2017 22:35

Hairdressers are going wild !!!

They are bouncing off the salon walls!!!

All with excitement about RTHM!!!

[loafofbread] 05/1/2017 22:25

J4,

I would think prior to vote otherwise voting blind.

[1gw] 05/1/2017 21:39

Without knowing the background to the decision it is impossible to say for sure whether the CFO departing is a big positive or a big negative.

For sure it means change, which can be a risk for the business.

But in my mind it is overwhelmingly a positive indicator (for shareholders) in the following scenario, which I personally see as credible:
1. He has been forced out because of his part in some of the financial problems that have beset blinkx/1R on his watch.
2. It has been made public now because (a) BM is confident that the business is going to do well in the coming months and (b) BM has what he believes is a great candidate to take over from him.

[sikhthetech] 05/1/2017 20:47

Post of the day...

luafc5 Jan '17 - 07:05 - 3919 of 3958 1 0

BARKBORE:
Steve Harley line keeps entering my head if ever I am unlucky to glimpse your self-involved tedious guff.

STT:
Impressive stamina in the face of the mafia onslaught.

[sikhthetech] 05/1/2017 20:45

everyone is entitled to their opinion and their position... it's their money, after all, isn't it...

The Tosca buy is a positive, especially as it was after the Perk deal was announced... they have been around 28-29% level for a while
RG buying CFDs is not really a big positive, as CFDs are a short term vehicle... maybe he sees short term upside from the Perk deal... who knows..

Will they maintain those levels after today's departure??... given we had 500k & 225k 'sells' earlier (and 175k 'buy'), maybe we'll get a rns soon...

Will they maintain those levels after Perk deal is completed and the dilution...


The CFO leaving is a big negative, especially as he's leaving just before the Perk acquisition is completed and fy is only 3 months away... the year they said they would be profitable...
DR also left before the Perk acquisition is completed and before fy results...

The 2 leaving just after Perk deal was announced and Mr O'connor suggests to me that we maybe up for sale soon... maybe near to Singer's current target...
Singer's seem to be repeating their views... reiterating...

posters have the info, read the newsflow and take your choice and don't get influenced by any poster...

[football] 05/1/2017 19:56

N+1 Singer - RhythmOne - CFO succession

[football] 05/1/2017 19:54

loaF your spot on with buy the shares and then buy some more and if you do hold don't spend all your time 27/7 slagging off 1R and putting them down

[barkboo] 05/1/2017 19:43

So let us take Toscas latest move - Date of the transaction 30/12/2017 which is the date in which the threshold was reached and where just over 850,000 in total were traded not a big trading day.

So that order was not filled as we know on that date - just completed over a period of time...and on that date.

The opening ut was 36.5p and the closing was 38.5p and remember the order was for around 6.25mil.

Now let us go to the opening ut on the 29/12/2016 - 37p and the closing was 37.75p total traded 2.175mil

So the last two days of the completed Tosca transaction gave us an order book trade [auction] last thing on 29th December of 37.75p then an order book trade [auction] the next morning of 36.5p....a decrease of 1.25p when a 6.25mil buy order had not been completed.

Now call me old fashioned - but is that supply and demand, or help a friend?

The opening ut 28/12/2016 36.50 - closing was 38p

The opening ut 23/12/2016 38.25p - closing was 37p around 2mil traded

I dont want to bore people, but you can go back to were the order started - the trading cannot be hidden in a little aim stock like this with an average of one or two hundred trades a day........Tosca got hold of 6.25mil with the share price dropping. lol

Give me the Nasdaq asap!

[jarvis4] 05/1/2017 19:38

Perk stockholders to meet mid Jan to vote on the deal. Assuming approval I would expect the TU to follow the voting.

[andydangerous] 05/1/2017 19:18

I can see this pattern:

My (very basic) short term TA and opinion.

[gowlane] 05/1/2017 18:38

Interesting day today, does anyone see a pattern here?

July 2012 SBM appointed CEO

Nov 2012 CFO Jonathan Spira resigns, no explanation

January 2015 Auditors Deloitte resign, no explanation

Jan 2017 CFO Ed Reginelli resigns, no explanation

It is easier to elbow a male Lion out of the way when feeding at a kill than to get an Audit firm to walk without any good substantive reason for it, but walk they did.

Two young CFOs who should have been at the peak of their careers, suddenly step aside, not a planned career move, no announcement of an illustrious appointment to a new position.

Is anything the matter?

Naaah!!!! That is just ridiculous!!!!!

If anything was the matter we certainly would have been told.

[sikhthetech] 05/1/2017 17:35

1gw/gl,
quantcast..
I've added 'people uniq' to the header for the last Quantcast ranking...

[barkboo] 05/1/2017 17:30

Ok - the market took all that bad news well today. lol