London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Question is whether the cash and revenue from the recent Unruly acquisition will make up for the loss in revenue and cash from Perk.com, which they closed only last month...
Also, given the huge miss on fy2019 expectations as per the company broker forecast in their Apr note, whether the current expectations are also too optimistic...
Tremor paid $19m and are guaranteeing News International $39m over the next 3 yrs.
Unruly made a of $11m in the 12 months to 30th June.
The paltry price paid for Unruly rattles the consolidating ad tech market
"Tremor is also guaranteeing News Corp £30 million ($39 million) in revenue over the next three years as part of the deal, in which Tremor will obtain the exclusive rights to sell outstream video ads across News Corp’s titles. "
"Unruly generated £43.5 million ($57 million) in revenue and an earnings before interest, tax, depreciation and amortization loss of £8.8 million pounds ($11.6 million) in the 12 months until June 30. "
https://digiday.com/media/paltry-price-paid-unruly-rattles-consolidating-ad-tech-market/
i CAN NOT AGREE MORE.
All this talk of not filtering him because people want to protect newbies form him is nonsense. All you do by not filtering him her it, is feed his her its ego.
If he was filtered by everyone he would have no one to reply to his her its inane dribbling and would be confined to where he belongs in the filter box.
iIf you want to engage please dont use the excuse you are protecting other people.
He she it is a Jackass and this has been proved numerous times. He wont engage, unless its for his her its benefit.
You soon know if he she it has posted as you are advised that the post has been filtered. Confine it to the filter bin. Rant over.
To quote stt1:
A company with huge growth potential... Foundation set..
Now present and growing...
Dividends due, cash in bank....
Please can everyone filter stt. Tired of this board being filled by nonsense
stt1, you come across as a very confused and disturbed individual, are you sure you are ok within yourself.
Perhaps you need some fresh air on such a lovely day.
Read the company's broker, Finncap, reports:
Finncap's expectations and actuals:
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%)
reported earnings: forecast $9.8m, actual $1.1m (down 89%!!)
Free to register:
https://www.finncap.com/our-services
stt1, you come across as a very confused and disturbed individual, are you sure you are ok within yourself.
Perhaps you need some fresh air on such a lovely day.
Bla bla bla bla bla. You talk rubbish. If you think this company is not good... go elsewhere. Or go short. Are you short? What is your reason for being here? You clutter up the message board.
Flying horse
"70m spare cash to play with"
The cash is around $40m lower than the $113m net cash the broker forecast last April.
See the finncap broker notes.
Some of that cash (and revenue) would have come from operations which were closed during 2019, eg perk.com, which was closed only last month.
Ad Tech companies need to carry large amounts of cash to pay for inventory.
Rthm had $75m for fy2017, yet only a fraction remained when they merged with Tap, now TRMR.
More chance of a share buyback than a dividend, I would have thought.
Yep and 70m spare cash to play with. Maybe a special dividend say 30% would be nice.
Any body care to forecast 2020 figures? A very simplistic (arguably naïve) approach - H2 EBITDA was $40m, so on an even keel this is $80m full year. Add $10m for growth from video side, less $10m for on going decline in performance, add $10m for remainder of synergies from merger with R1 on a full 12 month basis. So that's $90m. (Nothing from Unrulely, as already stated by the company).
Yep, sounds ok, plus or minus 10% either side - so say $80m to $100m.
Gonna be a good year for Tremor, and with some sort of cash distribution to boot (special dividend or buy back).
Not too shabby... fairly positive,and should only get better going forward....but as always remains to be seen.....so far so good and Mr. market is happy enough....
Had a read through. No surprises.
EBITA of over 60$M. Cash 75$M.
as usual optimistic about the future..... time will tell. I have been waiting since 2004, so a few more years is not so bad except I will be dead by then.
jr