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Docmartin67, you are kidding arent you ?? expecting a response from the self confessed doom monger. Now if you were trashing the company, he would engage. Always assuming thats its a human being.
When you offer an end-to-end solution, you’re offering more advantages than disadvantages.
What you see going on at the exchange level is the center is collapsing into one. There’s a need now to have end-to-end solutions. So you’re seeing most SSPs are trying to build demand-side business and DSPs are trying to have a presence on the media side.
It gives us good power in the market. And any company in the space now really needs to have that scale.
Tricky,
From your link.
"In 2017, Tremor Video sold its demand-side business to Taptica"
Yes, for $50m and the reason why Tremor Video sold the demand-side to Taptica:
Tremor Video reasons for selling their DSP.. perceived conflict of interest when servicing both sides. which is exactly what Trmr are doing now...
"Clients were also uneasy with Tremor servicing both the buy- and sell-sides."
"There's always been a little bit of friction because we were selling agencies and advertisers different products while we were representing publishers," Zagorski said. "And the people who plug into that sell-side platform would always be somewhat hesitant to commit to it in a huge way because we had that perceived conflict."
https://adexchanger.com/digital-tv/tremor-video-sells-demand-side-business-taptica-50m/
Criteo have been struggling over the past two years as browser changes and regulations have loomed over the digital advertising system.
Google announced it planned to end support for third-party cookies, which fuel much of the performance-based digital advertising ecosystem.
Criteo worked with e-commerce companies to improve the performance of their advertising online, primarily offered re-targeting capabilities using third-party cookies but has had to re-tool and switch to other areas such as in-app advertising.
The company has been “aggressively” shifting to non-cookie based identifiers and has two years to continue this push/transition as Google announced it planned to end support for third-party cookies, which fuel much of the digital advertising ecosystem, in its Chrome browser within two years.
Since Apple and Firefox made changes to their browsers, 40% of all third party cookies have been wiped out already.
The situation prolongs uncertainty, as opposed to resolving it, as we do not know and may not know for some time how CRTO’s solution/efficacy will be impacted by these changes.
Tremor have already shifted away from performance advertising and are set to reap the benefits of CTV.
Even for a company with stellar past performance this matters little if they fail to deliver everything investors are hoping for.
That's the point - no evidence of how the company have done in the past matters really does it?
The Trade Desk is subject to gut-wrenching volatility, If they fail to impress, the stock could soon face a harsh sell-off.
If the company fails to deliver, its stock price could plummet.
If investors have any doubts, they should remember that in the weeks following its second-quarter 2019 results, the stock lost about one-third of its value.
This tells us that past performance counts for little if anything.
TTD are still over-valued and have a lot to lose if they falter.
Tremor have a lot to gain if they can show good progress, either way past performance is no guide to the future and our resident doom-monger fails to understand.
Fails to understand that dynamic.
I can't put it more clearly, market expectations are the driver!
Sikh,
thanks you. You proved by not answering my questions, that you are just a boring shorter. So everything you are posting has the background to reduce the share price.
Doc,
"there is no evidence that the things will be different this year. "
Exactly, thank you, that's the point - no evidence of how the company will do.
Whereas, there's plenty of evidence as to how the company(rthm/Tap) and industry has fared recently and over the past few years and how the demand for change is affecting the ad tech industry.
Sikh,
there is no evidence that the things will be different this year. Nobody can give you the evidence. Not in that or the other direction. The question is are you brave enough to put your money in a company to make really big money or not.
If not put your money on the bank and get an interest rate of 0.1%.
I am invested here and you?
I am interested that the share price will rise and you?
What is your agenda?
Answer the question!
Tricky,
"Tremor and R1's YuMe together generate the majority of revenue now"
"I see no particular value in muck-raking over the past purchases made many years ago by Blinkx and R1."
Yume/Perk acquisitions were not many years ago, were they? completed Jan 2017 & completed Feb 2018.
They fy2019 revenue expectation of around $325m INCLUDES revenues from operations which were closed during fy2019, including several rthm operations and perk.com. Despite including revenues/cash from these discontinued operations, the fy2019 revenues are STILL down a around 50% from the expectations from a year ago.
The revenues and cash from these discontinued operations will NOT be included in the CURRENT year.
That is not history that is relevant to the CURRENT fy2020.
How much revenue & cash was generated by Tremor & R1's Yume???
Will the revenue/cash generated by Unruly be enough to replace the revenue/cash lost by the discontinued operations, inc Perk.com??.
Can you post the evidence that things WILL be different this year?
As usual, it maybe different and we'll know in a year... MAYBE...
I see no particular value in muck-raking over the past purchases made many years ago by Blinkx and R1.
Tremor and R1's YuMe together generate the majority of revenue now, and are well-positioned to capitalise on huge growth opportunities in the CTV market worldwide.
Tremor are not about to crash into the sea so why try to queer their pitch with such a lot of guff about failed projects. or managers good or bad?
We are where we are - no use in looking back and crying in the dark.
Doc,
"Tosca who are in fact invested since a long time. "
I'm stating the fact that even though they held nearly 30% around 4 years ago:
1) the sp still collapsed, from around 500p to current rthm equivalent around 170p
2) Singer still 'sold off' at a price which was lower than when he took over
3) Other larger investors have come and gone - where's Richard Griffiths holding?
4) Trmr still faced Industry Challenges
5) Trmr closed several of rthm's operations.
6)
Did Tosca see those well documented Industry Challenges when they invested? Did they see that rthm's revenue was going to crash?
Blackrock held around 15% of Blnx, didn't they?
So the point is II holdings isn't evidence that the company is going to do well nor that they will tackle the ever increasing Industry Challenges. The evidence is IF they can back up their bullish comments with solid proof in the results. So far there's no evidence.
As to Brian Mukerjee.
you posted "Every good manager closes an entity if they make losses or dont fit to the future of the company."
I'm showing you evidence that BM did the same as OD. Therefore, by your comment BM must have been a 'Good Manager'.
So do you believe BM was also a 'Good Manager'?
Or put it another way:
What has Ofer Drucker done which is different to what his predecessors at rthm do?
Sikh,
you just mention Tosca who are in fact invested since a long time. But they stick to Blinkx/Rthm/Taptica/Tremor (you love to highlight the past, even its a decade ago) and they dont have sold! And in the last years many more investors came on board. Copanies like Schroder, Mithaq, R&M etc.
They are all wrong? And you are right?
And I agree that BM was not a good manager. You will compare him with the present BoD? The company is now completely different. Blinkx was led by techies and now they are businessmen. Here is a link with open positions in Tremor:
https://www.tremorvideo.com/company/careers/current-opportunities/
They are looking mostly of client succes and sales people. They want to make money!
Doc,
"Every good manager closes an entity if they make losses or dont fit to the future of the company."
I agree. That's the point.
Before merging with Tap, now trmr, Blnx/rthm's Brian Mukerjee(BM) closed/sold Leadimpact, Pinball, Verti Tech, PVMG, Getcheep, Skyplayer etc etc.
They announced a transformational year in 2016 and were concentrating on their core operations in line with Industry trends.
Are you saying BM was a 'good' manager (CEO)?
From June 2016 rns, when blnx changed their name to rthm:
"a transformational year for blinkx, which undertook a broad restructuring to focus on its Core capabilities of mobile, video and programmatic trading - in line with key Industry trends. blinkx launched the RhythmOne brand in FY2015 as the Company's trade entity, encompassing the go-forward product strategy and commercial proposition for the Company. Transitioning to the new name aligns the Company's overarching brand with dominant commercial and Industry growth drivers.
CEO S. Brian Mukherjee said, "Our transition to the RhythmOne name comes at a pivotal and exciting time for the Company. It underscores the significant integration and transformation efforts we have undertaken and reflects our Core focus on mobile, video and programmatic trading - the fastest growing segments within online advertising. With a unique combination of technology, talent and relationships in place, RhythmOne is poised to scale both organic and inorganic growth as the Industry continues to evolve and consolidate. We are enthusiastic about the promise FY2017 holds, and the opportunity to make RhythmOne a stand-out leader in the digital advertising landscape."
https://www.investegate.co.uk/blinkx-plc--rthm-/rns/change-of-name-and-tidm/201606160700103270B/
"Many investing companies bought big stakes in tremor. These people are clever and earn a lot of money. "
Tosca was a major shareholder with near 30% when the sp was significantly higher at around 500p, compared to the current rthm equivalent of around 170p.
https://www.proactiveinvestors.co.uk/LON:RTHM/RhythmOne/rns/237096
Where's the evidence that it's any different this time??? I prefer to see evidence that things have changed -
Again IF they back up their bullish comments with solid results - so again in a year's time.
Tremor were already aware of multiple issues in R1 (including poor accounting standards and redundant acquisitions) but still went ahead with the purchase.
Perk may have fallen foul of GDPR compliance or the advertisers using its services may have moved away for any number of reasons, i.e. better profits elsewhere, and/or ordinary people sat at home setting up scams to milk the rewards without any intention of making a purchase and so wasting advertisers revenue.
R1's acquisition of Yume, as a 'jewel in the crown', was a strong magnet for Tremor's purchase.
Tremor and RhythmOne's YuMe together now generate the majority of revenue, and are well-positioned to capitalise on the growth in the CTV market worldwide.
The weakness of the performance division may be related to issues with GDPR compliance as well as a shift in the industry as a whole, as that area is notoriously prone to ad-fraud which is difficult to police and has become less profitable.
Yes Sikh, they closed Perk. Every good manager closes an entity if they make losses or dont fit to the future of the company.
Many investing companies bought big stakes in tremor. These people are clever and earn a lot of money. And you think they are wrong and you (a housewife with a lot of time) is right?
Build your own opinion!
Stevie Wonder1, I agree, I remember with RTHM1 one of the last purchases, it was quite clear that Brian was concerned about it. Perk was bought and the new guy took the helm in order to get the next deal done, pushed by Singer. A hell of a lot of oney wasted in this time. I just remember the money raised by Blnx, many acquisitions and mergers later and I dont think the combined group is anywhere near the value of the money raised. Maybe one day. I certainly hope so. Time will tell.
Stevie,
"for me its all about the management and this lot seem to know what they are doing"
That is said every year and every time.
They are now following rthm's model. Rthm made a loss for years...
The interims showed that they don't know what they were doing. They closed several rthm operations, inc Perk.com, which was closed in Dec, 8 months after they merged.
In the interim's they also stated that they CONTINUE to be affected by Industry headwinds. So are they prepared for the latest Industry Challenges, CCPA, Google's changes to cookies, Apple's ITP2.0 as well as the existing which I have mentioned before and continue to impact ad tech like GDPR, move to fee transparency, move to fewer DSP/SSPs,
Yet again... The proof whether they actually know what are doing will be if they can back up their bullish comments when it comes to results -
Again we won't know for yet another year.
Rusty,,for me its all about the management and this lot seem to know what they are doing,,,For the first time in 6 years iam confident of getting my money back and making a few bob on top