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stt1 certainly twists the facts to suit an agenda.
Fails to understand the ad tech ecosystem challenges and takes exception with restructuring and financial matters, including ignorance of the stricter accounting methods upheld by Tremor.
Wants to live in the past and finds comfort in lamenting progress.
R1 has added a much needed 'shot in the arm' to Tremor and Yume is seen as proof that all is not doom and gloom.
stt1 can't understand what is happening and hopes to be approved for a certain biased analysis.
rustybucket, if you believe that the sp proves stt1 is right then you have a choice, as does stt1, vote with your feet!
Why would either of you remain festering in limbo?
With apologies to Marius and Les Mis:
From the table in the corner
stt1 could see a world reborn
And he rose with voices ringing
I can hear them now!
Pinball, LeadImpact, Perk! and all
The very words that they had sung
Became his last communion
On the lonely barricade at dawn.
Oh my friends, my friends forgive me
That I live and you are gone.
There's a grief that can't be spoken.
There's a pain goes on and on...
I dont think the share price supports the notion that stt1 is WRONG. The share price of this company including RTHM1 and all the companies they bought is no where near the price of the old blnx on its own and this company supposedly is all set for the future.
Heard it all before. I want to see compelling profit first before I believe.
Nice recovery after last week shaking all about. ...
Not even the hard work of our basher can stop it...
Tricky,
"Most ad-tech fraud is committed by bad agents exploiting technical and process weaknesses found in the legitimate ad-tech ecosystem."
Why do you think blnx/rthm, now merged with Trmr, closed Leadimpact/Pinball so soon after the 2014 blog? Do you think they were exploiting weaknesses in the ad tech ecosystem?
Do you think that was why Trmr closed several rthm operations, including Perk.com??
When rthm merged with Tap, now trmr, there were high expectations for revenues..
Yet the company broker, Finncap, have reported a massive drop in their actuals compared to their expectations when the merger was completed:
Read TREMOR's interims and TRMR's Broker notes..
Read the company's broker, Finncap reports and company interims:
Finncap:
Apr 2nd 2019 - Forecasts for fy2019
Jan 6th 2020 - actuals for fy2019
Revenue: forecast $495m, actual $325m (DOWN 34%)
Net cash: forecast $113m, actual $75m (DOWN 34%)
earnings: forecast $9.8m, actual $1.1m (down 89%!!)
Company Interims Sept 2019:
Profit warning,
closing several rthm operations,
Still being affected by Industry Challenges,
Perk.com closing down - LOSS OF PREMIUM SUPPLY SIDE, DEDICATED USERS.
The profit warning from the company themselves, is there in black and white - AS EXPECTED.
" This coupled with the weakness in the Performance division year on year means that the Board believe the Company will be marginally behind full year expectations on profitability for 2019. "
The closing of rthm's operations - rthm operations not so good then? - AS EXPECTED
"Several of RhythmOne's products have been discontinued alongside its demand-side platform ("DSP"). The development of RhythmOne's data management platform ("DMP) has also been taken in-house. This initiative created an operational challenge for management, however they believe the decision will markedly benefit the company in the medium-term. The reduced development, maintenance and data centre costs form part of the wider initiative to streamline the Company's operations."
Industry Challenges continues to affect trmr - AS EXPECTED
"The performance-based division has continued to be impacted in 2019 by the well-documented headwinds which have affected both topline revenue and profitability. "
https://www.investegate.co.uk/tremor-international--trmr-/rns/interim-results/201909240700083776N/
Since interims, they closed perk.com -losing millions of Premium Dedicated Users...
plus LOSS OF CASH AND REVENUE from this year.
Perk.com closing:
"Due to changes in the company direction, all Perk applications will be shutting down on December 1, 2019. Users will need to redeem their Perk Points by November 20, 2019, or the points will expire. Thanks again for all your support these past several years!"
www.Perk.com
I said "Uber even spelled out the risks."
I meant 'Fetch' even spelled out the risks.
Most ad-tech fraud is committed by bad agents exploiting technical and process weaknesses found in the legitimate ad-tech ecosystem.
Tap (among others) did not supply 'dodgy traffic', which is part of what Uber alleged in its lawsuit originally brought before the Federal Courts.
It stands to reason that since advertising is prone to fraud by third parties, they (Uber) should bear some of the blame for incentivising cheap ad-tech solutions with fewer safeguards.
How Uber can then move away from its original lawsuit, involving Federal Court scrutiny by a District Judge (Yvonne Gonzalez Rogers) who has already ruled against various activities of Uber, to now request a trial by jury of ordinary people off the streets to accept their story is beyond me.
Uber presumably think they will be treated badly by the District Judge and can probably stand a better chance in front of people who have never even heard about ad-tech and all the machinations/ramifications.
'Tap' could no doubt supply varying levels of 'clean' traffic depending on what the customer (Uber) was willing to pay for.
Uber initially settled for the cheapest levels, with lower levels of security and its employees were incentivised thus-wise. Uber even spelled out the risks.
It is for the Courts to decide whether this is legal or not, depending on what the contract states, which we are not aware of.
I suspect, on a common-sense basis, that since Uber were made aware that cheap meant lower quality, then there is no case to answer.
Tricky,
"Presumably Taptica (and others) could have supplied cleaner ad-traffic if Uber had demanded it but Uber were more concerned originally with it's own internal targets regardless, as long as it was cheap, and got what it deserved at the time.
You get what you pay for!"
Are you suggesting Tap supplied dodgy traffic because Uber didn't ask for clean traffic?
Further, are you suggesting it's ok for TAP to supply dodgy traffic if the customer wants it????Really???
Not any analysis at all but as soon as Uber's case is history then we can expect further gains.
Do not forget that Uber's ad agency 'Fetch' was paid (2015-2017) based on key performance indicators (“KPI”), none of which required Fetch to police or prevent third-party suppliers’ ad-fraud.
Uber were well aware of this arrangement.
Fetch and Uber worked well together for over two years until January 2017, when a new team at Uber became responsible for the relationship. Members of the new Uber team, apparently looking to increase their stature within the company, began pointing fingers at Fetch and encouraging Uber to begin handling more of its mobile advertising services in-house.
All of a sudden, Uber stopped paying its bills for services that had previously been provided by dozens of suppliers that Fetch had arranged, despite misgivings drawn by Fetch, to the attention of Uber, who originally chose to discount them.
Fetch suggested to Uber that certain suppliers may be untrustworthy but this advice was ignored.
Then the new team arrived inside Uber and saw issues with Uber’s employees working on the Uber Campaign who were actively incentivized (by Uber) to order low-cost, low-quality media spend because of aggressive Uber internal targets regarding rider and driver acquisitions, the new team then objected.
Now that this new team at Uber has become responsible for the Fetch relationship, and Uber is looking for excuses not to pay its bills, Uber is asserting a revisionist version of all of this history. Uber seeks to blame Fetch for the risks it took on, and for responsibilities Fetch never had, advancing an incorrect interpretation of Fetch’s duties under the Agreement.
In short, Uber were happy to pay for cheap results despite warnings of the consequences and encouraged the situation which they later sought to blame Fetch for.
It remains to be seen whether Taptica (now Tremor) and many others, acted fraudulently or not.
Presumably Taptica (and others) could have supplied cleaner ad-traffic if Uber had demanded it but Uber were more concerned originally with it's own internal targets regardless, as long as it was cheap, and got what it deserved at the time.
You get what you pay for!
Share Talk - link previously posted at the time by the website, but came across it whilst looking at Warpaint. Tremor is about 5 mins in - a smooth and fuss free chart, apparently! The chart guy can see a rising channel to 260p. Some traders use charts, to others, well it's just tea-leaves and voodoo magic.
https://www.share-talk.com/share-talk-bulletin-board-heroes-thursday-16th-january-2019/
A decent surge today!
All before the TU early next week, widely touted to be slightly lower than forecast.
So, it makes you wonder what is afoot.
Hoping this trend continues
Perhaps Tosca getting back to 23% or perhaps another buyer
Very large rise today, biggest there has been for quite some time - I would say this is significant. Last high of note is 191p on 01.08.19 with Mithaq's buys. If we clear 191 then we are into clear blue skies!
From earlier post -
I usually plot the exponential moving averages rather than simple, and usually do the 20, 50 and 200 day MAs. Pull up the 12 month chart and plot these. Classic textbook beginnings of a prolonged uptrend - share price and all MAs on the right side of one another. The market is expecting good news here and throughout 2020.
https://www.hl.co.uk/shares/shares-search-results/t/tremor-international-ltd-ord-nis0.01-di/share-charts
Obviously, charts are not always right …. However, some people trade on charts regardless of fundamentals. We may attract chartists, follow the trend etc, which leads to a self-fulfilling prophecy! Or is that profit city?
All viable companies must surely have a 'bread and butter' core business that keeps them afloat, during and despite challenges and changes in direction on other levels.
We should not focus too much on deranged doom-mongers hoping to mislead with suggestions of disaster ahead, but of course always keep looking for fresh opportunities whilst accumulating profits made by tried and trusted methods.
Tremor is still making good profits and I don't understand why they have to be measured solely by obscure candlesticks or demented doom merchants.
Nothing wrong with charts but at the end of the day I only trust bottom-line profits.
Doom merchants can take a powder!
I usually plot the exponential moving averages rather than simple, and usually do the 20, 50 and 200 day MAs. Pull up the 12 month chart and plot these. Classic textbook beginnings of a prolonged uptrend - share price and all MAs on the right side of one another. The market is expecting good news here and throughout 2020.
https://www.hl.co.uk/shares/shares-search-results/t/tremor-international-ltd-ord-nis0.01-di/share-charts
Obviously, charts are not always right, but I suspect the market is waking up to the transformation in Taptica from the struggling mobile app add tec market to the nascent TV steaming market. Disney's launched a platform, may be other platforms to come to the market. Market watchers predict that competition between platforms will keep monthly subs low and that more content will be 'free' - supported by increased amounts of advertising. Tremor is in a sweet spot. The old Taptica management has gone, the old R1 management has gone. Should current management do the right stuff then all here will do very well from this share.