User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Taptica International Ltd LSE:TAP London Ordinary Share IL0011320343 ORD NIS0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 125.00 125.00 127.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 217.1 21.3 25.7 5.3 160

Taptica Share Discussion Threads

Showing 13226 to 13247 of 13550 messages
Chat Pages: Latest  530  529  528  527  526  525  524  523  522  521  520  519  Older
DateSubjectAuthorDiscuss
14/6/2019
13:36
"But yesterday they were talking about an industry-wide slowdown in performance sales, so presumably this factor also impacts R1." An industry wide slowdown which started after the Methbot fraud and P&G demands for transparency...so nothing new, as expected then... ;-) sikhthetech - 30 Aug 2018 - 18:34:40 - 8415 of 11050 RHYTHMONE - new Name, new Beginning??? - RTHM Industry changes/challenges.. as predicted.. As expected, last year was about the NEED for change, this year onwards should be about the CONSEQUENCES of those changes.. revenue reduction being one of them... ;-) "These efforts to proactively eradicate traffic that may not meet compliance requirements from the Group's platforms, including the removal of suspected publishers and advertisers and their associated income, affected the H1 revenues. " https://otp.tools.investis.com/Utilities/PDFDownload.aspx?Newsid=1161124
sikhthetech
14/6/2019
12:25
Unless they got in early this morning there won’t be any buybacks for a few days due to the parameters that have been set.
gary1966
14/6/2019
12:22
"They all seem to be incompetent in running and growing a business. Numerous statements and tweets from them on growing ad market, explosive growth in online video ads, yet all they do is downgrade and struggle without any sign of organic growth." Same as what rthm always did then.. That jam tomorrow which they failed to back up when it came to results.. Remember rthm also lost over $100m revenue after they supposedly closed Pinball/Leadimpact, following the 2014 blog...
sikhthetech
14/6/2019
12:22
Interesting update 1gw, did you get any feedback on the cash balance, does it represent gross cash or net cash after deducting outstanding loans? I am mystified by your reference to inter-company transactions, what are the practical implications here? Are you saying that current finnCap projections of $459m in revenues may have to be adjusted downwards by as much as $60m? Or has that adjustment already been allowed for in arriving at the $459m figure?
gowlane
14/6/2019
12:10
Wheeze, It is in AGM RNS that they plan to commence with the name change.$900k/week buy back until 31 Aug.
amadeus888
14/6/2019
11:39
rthm's model/accounts have been questionable for years, even more so after the 2014 blog.. and the events since Singer took after the rthm/Yume takeover did raise more questions... Rthm have previously already cut non-core operations, low margin operations and now this.. If the previous rthm management failed to make the company profitable after years of trying then why should TAP succeed? Looks like those skeletons are coming out of the cupboard then ;-)
sikhthetech
14/6/2019
11:35
And in terms of the decline of R1 revenue I got the impression from the roadshow that a significant chunk of any falloff in R1's 2HFY19 vs 1HFY19 was a lack of attention to sales towards merger completion - and that re-energising the sales function in R1 post-completion would start to turn that round. This I think isn't uncommon, that target company sales performance drops off sharply as sales staff at all levels focus more on securing a job rather than meeting sales targets for their current one. But yesterday they were talking about an industry-wide slowdown in performance sales, so presumably this factor also impacts R1.
1gw
14/6/2019
11:25
borgioli - I'm not sure we'll ever get to the bottom of what the basis of finnCap's "$250m" revenue for R1 in R1's FY19 was, although I suspect eventually we will get to see the FY19 accounts for R1 through the Companies House filing, since completion wasn't until after the end of FY19. So those accounts may shed a bit of light on what the standalone R1 FY19 number was and on any changes to revenue booking policy in those accounts compared to FY18 accounts. In terms of Taptica FY19 accounts (i.e. calendar 2019), they will have just 9 months for R1 and will have to back out inter-company revenue. I seem to remember a suggestion that this could be as much as $60m - i.e. $60m of Taptica revenue that would have been reported as such before the merger but post-merger will go through an R1 platform where it would have been counted also as R1 revenue pre-merger but can only count once in the consolidated accounts. Whether that $60m will apply fully in 2019 or is a run-rate post-integration and would in any case be reduced for the overall reduction in revenue now seen I don't know. In terms specifically of cutting out non-profitable revenue, I agree that sounds strange after what R1 were saying at their last AGM. Perhaps they are applying a different "profitability test" (i.e. hurdle rate) for retention?
1gw
14/6/2019
10:57
Thanks for the update. I also looked at Brassneck's comment on LSE on the AGM and was surprised they were/are still claiming to be cutting non profitable R1 revenue. Some things i find strange. The April Finncap note mentioned: "We expect the initial result to be a halt to the decline in RhythmOne revenue" So if Tap are/were cutting even more revenue, a halt in decline suggests some market situation caused it, yet cutting non profitable revenue is their own doing. Also the whole "non profitable" revenue thing. Around 75% of non profitable revenue? From the Finncap note: "It enjoys quality demand from quality partners and is a high-margin business that was not being driven by its management." So if it's high margin, 75% of revenue couldn't have been non profitable imo. Seems more their cost structure would be too high. That would seem to me to require an employee reduction and other cost cutting but the solution should not be pulling the plug on a "high margin" revenue stream.
borgioli
14/6/2019
10:56
"A bit disappointing not to have CEO and CFO in the room to chat to (they were on the end of the phone), but the company judged their time was better spent at the coal face in the US rather than travelling to the UK." Really, very surprising the top people weren't there personally... given the recent actions/events at rthm/TAP, I would have thought it was imperative for the CEO & CFO to be present, so that investors could judge their body language...
sikhthetech
14/6/2019
10:53
Thankyou 1gw. Yaniv and druker should have 100% made the effort given the circumstances. Probably didn't want to risk stepping foot on uk soil.
pazzuzu
14/6/2019
10:52
It's does seem like the BoD were assessing the mood at the AGM before deciding on the buy back.. They would have known for weeks when the previous buy back was going to end.. sikhthetech - 13 Jun 2019 - 19:22:33 - 11066 of 11108 Taptica - TAP I wonder whether they wanted to gauge the mood of investors at the AGM before announcing any further buy backs...
sikhthetech
14/6/2019
10:41
Thanks 1gw - very helpful! I agree that the management team now need to stick their hands in their pockets and start sweeping up shares to instil confidence.
twistednik
14/6/2019
10:39
Any mention at the AGM of the proposed name change to Tremor International?
wheeze
14/6/2019
10:34
The AGM was about as good as I could have realistically hoped for, I would say. Started with an acknowledgement from the chairman of the negative reaction to the uber rns and indeed specifically the tone of bulletin board commentary. Acknowledged also the demotivating effect on (ordinary) staff of the low shareprice which meant all were under water on their own holdings. Some specific commentary on the merits (or lack of) of the Uber claim, their obligation to rns it and the timescale in which they had to do so. More generally the key takeaways for me were what seemed a genuinely-felt defence of the intrinsic value and potential of the company and a commentary on the rapid progress that was being made on integration of R1. It was good to see major shareholders represented and at least one of them happy to talk to private investors afterwards about their continued support for the company. A bit disappointing not to have CEO and CFO in the room to chat to (they were on the end of the phone), but the company judged their time was better spent at the coal face in the US rather than travelling to the UK. Personally I was disappointed not to get more clarity on the state of R1 at completion (FY19 sales on a "like for like" basis with 1HFY19), but Tap clearly looking forward to what they can do with R1 rather than back to the details of what it was. On the end-2019 cash forecast finnCap did point out that if they felt they were going to be materially shy of the $113m estimate (before 2nd buyback) they would need to advise the market. One curiosity is that the chairman appeared not to be aware at all of R1's success in the pixalate "seller trust index" rankings. Clearly the bears can simply argue that "they would say that, wouldn't they" to most of the above, but personally I came away reassured.
1gw
14/6/2019
10:10
How was the AGM 1gw? Any positive feedback from management?
borgioli
14/6/2019
10:09
Thumbs up to the company for getting the second buyback through so quickly. Fast, aggressive action. Well done.
lance corporal winstanley ash
14/6/2019
10:06
Fincapp will no doubt buy right at the peak.
pazzuzu
14/6/2019
10:05
Thank you. Hmmmm, well closed or not, they are not closed in anymore then. Let's see wamhat happens.
pazzuzu
14/6/2019
10:02
No commitment, but one director did point out that they had been in a close period until the start of the AGM, so were unable to buy after the crash earlier in the week. However, I think it is not uncommon for directors to reach for the "close period" argument to deflect a shareholder question. The only way to know is to see a PDMR disclosure following a trade. It will be interesting to see what price finnCap buy at today, assuming they start today. It looks to me as though the 105% max would allow them to buy up to around 114p.
1gw
14/6/2019
09:45
Was it asked yesterday if the bod will be buying shares. I know that fund asked yaniv if he would be buying shares when the fraudster was outed and he replied yes, but then didn't obviously. Did they give any commitment to it yesterday?
pazzuzu
14/6/2019
09:38
Throwing good money after bad again!.. it’s all your cash folks, they are determined to burn it out and leave little or nothing for the trough! They’ve got it all sewn up here.. rinse the cash pile and walk away with the booty, leaving the lemmings singing our praises!
rocket fuel
Chat Pages: Latest  530  529  528  527  526  525  524  523  522  521  520  519  Older
ADVFN Advertorial
Your Recent History
LSE
TAP
Taptica
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210507 10:53:42