Tremor Int Ltd Share Chat (TRMR)

I think Tosca, may be lending out shares ( for a fee ) and then can buy back more, if and when the price reduces. Might be a million miles off here, but, when I see " instruments " it always makes me wonder ??

Easy to throw out words like Shenanigans, tax loss ,shorting to create excuses for why this stock is falling. Then make silly comparisons with magnate which has lost 40% in the last month...people basically come on here to confirm their bias.

Gdog

Tax loss selling may indeed be a contributing factor.

https://www.cnbc.com/amp/2019/11/27/tax-loss-selling-season-could-take-bite-out-of-record-highs.html

I particularly liked the advice to be patient and not throw the baby out with the bath water.

Any clue what you think the shenanigans are? They have had an awful long time to do their worst.
What would that be and why haven't they.

Difficult to see what their end game is. If they wanted to take it over cheaply, they have had lots of opportunities.

They live by money (a sgdog would say) so why the games?
JR

There has been a lot of talk about here on shorting etc, I mentioned at the time of the RNS for Tosca about the financial instruments ? there was very little reply. I have had a theory for years that Tosca have a game plan that suits themselves and maybe not all shareholders and I think they are involved with the shenanigans.

BTW, Flying,

We need a reality check. We're competing well and gaining share in a very competitive market, but we're not "eating their lunch".

We are a tiny player in a huge market. Fingers crossed we continue to gain share, but we are what we are, and we're still a tiny company.

The Sky News link...

https://news.sky.com/story/shareholders-in-1631bn-adtech-firm-tremor-urge-board-to-hold-sale-talks-12475774

The news was first reported by Mark Kleinman from Sky News, on the 22nd Nov. The following day Tremor was obliged to issue a RNS, 'Statement re Press Speculation'.

Flying,

The Americans don't know a thing about TRMR. Nothing. If we did know about it, and thought we could make Money off of it, we'd be piling in hand over fist.

We are slvts when it comes to making Money. We'll prostitute ourselves to anyone.

Not to mention the entire ad-tech sector has been getting slammed. I've been taking the high hard one without lube for the past several weeks, to the point it hurts to sit down.

It wasn't driven down from 850p.
It had fallen to around 700p, for some weeks, then jumped on results to nearer 800p, whereupon several millions were suddenly offloaded first thing on that morning.
Some time later an announcement was made about an NDA, possibly to shore up the sp.

So Fincapp has valued TRMR at around 1900p. Shortly after results shorts attack the stock and drive it down from 850 to 550p. Next an NDA is announced with statement that major shareholders want the company to talk to a prospective buyer.

All sounds very fishy. Someone wants to buy the company and the price is hit hard. Is the buyer manipulating the price so can buy on the cheap? Are the yanks not happy that a nimble operator has appeared on Nasdaq and is eating their lunch.

Something is not right here. But as an investor this sounds like an attempt is being made to buy the company on the cheap. Cheap suggests to me around 1200p. All in all sounds like a signal to buy. But all a bit speculative.

https://uk.finance.yahoo.com/news/deliveroo-founder-shu-sells-47m-125818918.html

Deliveroo CEO sells £47m of shares to pay a tax bill. He is also rewarded with new shares worth £62.5m, "under the terms of his share agreement"

MCap - about £4.6 bn

The one thing the company could do, is simply put out an RNS, saying there is no reason for the share price fall. It might not stop the slide, because when a share is being shorted, which the 100 also trades suggest, they will take it down, when there is no no elected news. The question is when is the bottom ???

Now that it’s out there that Tremor has entered a NDA with an undisclosed party, I’m not expecting an early conclusion to that preliminary approach and certainly not before Tremor’s end of year results are released. Also, with the sp where it is right now, I’d be very surprised if Ofer Druker hasn’t received further interests already from other parties. All in all, I fully expect that it will be quite some time before we know what has been decided. Well into the first qtr of next year at the earliest, in my view.

My crystal ball can't tell me if or when this sell-down will reverse but, I think that we are at a point where there is more to be made from pushing this back up, than trying to pull it down further at the rate of a few pennies every day.

I suspect if it is in their small print, that qualifies as express permission to loan shares out.

Looking at the pre market trades I can only see this going down again today and into the $ 13’s. If this continues without some intervention we could well be on the way to $10 . Nothing seems impossible nowadays but he ho the management are still lining their pockets.

https://tickeron.com/news/14965923?utm_source=stocktwits_free&utm_medium=news&utm_campaign=OPPORTUNITY_MISSED&utm_term=Stock_61658_TRMR_264d23b1-4631-43b4-91f8-33657c3071cf&utm_content=7772137

That's one part of the puzzle.

I don't think brokers can lend out shares of a p.i. without explicit permission.

Has anyone else asked their broker if they loan the shares out for shorting purposes. I did, mine doesn't thank god (iDealing) but I was planning to tell them to either not lend mine or prepare for me to move to another broker.

"Grand total 31.843....@ £5.4....£171.95m "
===================================================
That would be very generous. There are approx 153m shares in issue. If management have remuneration of 31.8m that is a sizeable chunk of the business...too much perhaps?!
I reckon both sides of the TRMR debate are in agreement on this...which would be a first!!

Future potential share issues, felt really sick when I added this all up. Surely I've made a mistake and my numbers are too high?!

2011/2015/2017 Plans
Shares 6.833m
Options 3.78m. (£1.6 strike price)
RSU 7.63m
Pool increase 6.85 (IPO related)
Total 25.09m

Additional IPO Bonus (no obvious performance targets)
Druker 3.75m
Carmi 1.65m
Niri 1.35m
Total 6.75m

Grand total 31.843
@ £5.4

£171.95m

https://investors.tremorinternational.com/static-files/076e0ecf-93fe-4f7e-90ee-19fbf62b9733

How are TRMR doing against their peers?....this drop in the SP seems relentless at the moment. At what point will investors see it as a massive buying opportunity?

If the below is correct, I stand corrected. (30 November report had 55% shares traded as shorts). Perhaps we're being sold for year end tax losses? Beats the heck out of me.

TRMR The short sale volume percent (not short interest) for stock ticker TRMR is 32% on Dec 01, 2021. The short sale volume is 54,019. The total volume is 168,908. The short sale volume percent is down -23% compare to Nov 30, 2021.

I was referring to the ADR units in the post immediately below.

BTW, the entire ad tech sector as well as the entire US markets got pounded today, especially the NASDAQ.

Perhaps today was nothing more than a move in sympathy with the rest of the market. But wait, including after hours, TRMR is now down over 9% today, while the NASDAQ was down only 1.83%. (We've traded down to $13.88 after hours. Trades in blocks of 100 shares at a time are suspiciously bringing this down further AH.)

Back to my short theory.