Rightster Grp Share Discussion Threads

[woodcutter] 06/1/2014 15:15

I saw it tipped i think in the telegraph but can't be sure. share price driven up by weekend tips from invesment jounalists with little or no fundamental accounting knowledge. As usual the journo's have to list their 2014 tips and as usual they all have some bluesky representation that never fails to disappoint. How does a share that so obviously overvalued go up 40% on no news..........simple it gets bought by investors with little knowledge who follow tip sheets, lets see where is is at the end of the year.

It may well be a good business with a decent business model but purely on historical financials it's a basket case. aimho

Woody

anyone who's in profit, sell it while you can on the spike.

[football] 06/1/2014 13:51

i don't short but i can see a few people having a bet on this one

[druinsky] 06/1/2014 13:48

im buying at 2p

[montyhedge] 06/1/2014 13:47

Looks like a big big bubble forming, at 41p I thought overpriced.

[football] 06/1/2014 12:54

malhashemi well done but did help with the tips in the weekends press


gl

[malhashemi] 06/1/2014 12:45

Huge recovery. Don't see that 10p that was predicted by some. Glad I held on. In profit now.

[dewtrader] 06/1/2014 08:10

90p woud be niuce

[miamisteve] 06/1/2014 08:09

Not sure what to make of this, although perhaps a good point of reference would be Muirheads last 'software' company, orchestream.

From the description above this sounds more like a marketing company than a software company. Anyone with a mobile can download a video onto youtube. The essence of their business model has no barriers to entry.

[dewtrader] 05/1/2014 21:06

Simon Duke: Rightster is a risky investment but the video streaming company has big growth opportunities as households watch more content online. In a fragmented industry Rightster, whose customers include Warner Bros and Conde Nast, could be a takeover target.

[woodcutter] 17/12/2013 13:02

Great looking chart phowdo................for a short. This has got to be in the running for IPO rip off of the year imv. I've put it on my watch list as a reminder to be careful and stick to my investing principles and not get carried away by a story.

You can't trust the house broker he's most likely taken part of the float, in shares, as part of his fee and may equally be trying to find a home for the underwriting investment bankers shares so he's hardly going to want to see it fall like it is, bad karma.

In addition, the investment bankers who have underwitten the IPO may have significant holdings depending on how well the float was received by institutional investors. So unless it was oversubscribed everyones interest is to get the share price up particularly if they see an opportunity to flip the shares (no chance here) Though i can't say for certain as i've not assessed the float in detail but the broker and underwriting investment bank may have quite a of of stock to get rid of, so he'll be promoting it to death. They have a vested interest in the share price going up and offloading when appropriate.

Always be careful if your own broker is recommending stock to you, find out where it came from, it might just be part of his fee for arranging to sell IPO stock and he may be keen to recover some cash. Call me a cynic if you will!!

aimho.

WC

I said under 10p in 12 months it may well be much sooner.

[phowdo] 17/12/2013 09:55

Down 7% on 4grands worth of sells. So much for the house broker supporting the price after admission. Think Id agree with Woody, its probably worth no more than 4p/share.

[woodcutter] 10/12/2013 12:39

monty perhaps you're right it's not the company's fault i guess i'd do the same but those who are investing in it now need a wake up call. Anyway it continues to fall as predicted and i think we'll see quite a few more placings too.

Woody

[geheimnis2] 07/12/2013 21:07

Agreed. Might have a look in the 10 to 15p range

[montyhedge] 07/12/2013 19:44

This like Blinkx as come to the market 5 years to early.
Blinkx floated at 55p went to 8p, now over 200p years later. Don't blame the company for cashing in on current IPO appetite.
I'm waiting for 10p then will load up.

[football] 07/12/2013 11:02

Blinkx MKII- wait till it's get to 8p then load up and hope you don't need one of monty's rockets to get it to take off

gla

[melody9999] 07/12/2013 10:06

Some scary stuff in the admissions document.

Worth reading through the risks.

No numbers I spotted at all - except increases in views of videos which is meaningless.

The level of my investment here will match the encouragement I have received and confidence I have gained from looking at the Admissions document.

[woodcutter] 05/12/2013 11:45

just read the financial history from the admission document and the valuation is bonkers. Passed on reading the rest of the admin docs, couldn't justify the time.

You know we're near the top of the market when companies like this get floated at these kind of ridiculous prices. Same old story i'm afraid, bull market, aim stock, owner and VC's want to make a killing, (muirhead now owns just 6% of stock) advisors want to make a fast buck and a few mug institutions get taken for a ride and it's a damn certainty they won't have paid 60p too.

Cost of sales almost equivalent to revenue. Over £8m in losses for H1................you're having a laugh!

It's interesting that the admission document isn't even available on the Investegate website, you've got to go to their web site to find it. There ought to be a law against this kind of IPO. It's akin to mugging a little old lady in the street.

SP under 5p and i might look again and only then for a speculative punt.

Woody

[montyhedge] 05/12/2013 08:08

Malhashemi
This is no Wandisco, should not fall below placing price, buy crazy valuation in my view.

[dewtrader] 05/12/2013 07:05

Rightster Group plc
("Rightster", the "Group", or the "Company")

Rightster Announces New Deals in Sports, News and Celebrity Entertainment

[malhashemi] 21/11/2013 09:08

I guess early opinion is divided on this. Valuation is very high vs revenues, but as mentioned earlier this hasn't stopped Blur or Wandisco reaching market caps of over GBP 100mn. In the end it comes to the market opportunity for this company and if you believe (or bet) that the management can deliver and continue the significant growth in revenues over past 18 months. I have bought in this today (4%) of my portfolio. Let's see.

[stegrego] 20/11/2013 12:38

Took a small gamble, not paid off so far and hype is the only thing that will keep this at these levels.

So sold out my small stake for a tincy loss.

Will watch but does seem very overvalued at present (which doesnt seem to have stopped WAND, BLUR etc)

[dewtrader] 19/11/2013 08:42

News of contracts soon i reckon

[divadsacul] 17/11/2013 22:40

Yes I have a small holding. Think I bought too expensive at 73p

[packman8] 17/11/2013 21:51

Any other holders of this recently listed stock. Delivers a cloud based service that optimises the distribution and monetisation of live and on demand video to web, mobile, as well as Righsters multi channel networks on YouTube.

[packman8] 15/11/2013 20:38

Any other holders of this cloud based service new issue, that optimises the distribution and monetisation of live and on demand video to web, mobile as well as Righsters multichannel network on YouTube.