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Graybird,
Sorry to see you lost money here.... I hope you recover it in future investments.
Always dyor and always read both bull and bear points.
Always read company/industry stats/challenges...
hi six years i sat watch blinkx share dive just after Harvard man spoke, looks like he was right blink sp 270p down to 16p took 20k loss , was fed up with r n s we on track on track , what a load of lies
Started: stt1, 1 Apr 2019 15:10
Last post: Tricky_Dicky, 2 Apr 2019 22:23
Oh! So you think you are the voice of reason then stt1?
There's been a massive drop in the fy19 rthm forecast... $470m to $250m...
(TAP fy2019 is Dec 2019, rthm is March 2019)
Shows that there are significant issues at rthm and the model will be integrating with TAP...
No wonder certain posters were desperate for others to ignore me and those red flags...
Read the thread/posts...
No stt1, I think the R1 BoD knew they had no place on the TAP BoD and also realised that their significant holdings in the new R1/TAP would become more valuable.
I believe Singer accepted a huge amount of R1 shares as a golden hello when he first arrived at R1and no doubt he will get to keep them and walk away quite contented.
I'm over to the TAP board now as this one is just about done..
"It's a result for R1 as their management has always failed to deliver the goods, despite buying various outfits.
Little wonder Ofer Druker, CEO, did not want any of the old R1 'board' hanging around then."
The previous rthm management pre-Yume, always failed to deliver the goods...
Singer and co moved from Yume to rthm just over a year ago and then within MONTHS wanted out of rthm...
Sounds more like rthm BoD didn't want anything to do with rthm and so got shot of it in a hurry...2 CFOs resigning within 5 months suggests rthm have some serious issues....
Do you think rthm management found any skeletons and thought (as in your post from yesterday)...
"if you can't stand the heat then keep out of the kitchen"
Tap performed due diligence on R1, valuing the company in a conservative way, and still saw value in the deal.
It's a result for R1 as their management has always failed to deliver the goods, despite buying various outfits.
Little wonder Ofer Druker, CEO, did not want any of the old R1 'board' hanging around then.
It's not as if R1 were a lone failure in the world of ad-tech, many have sunk below the waves in less favourable circumstances. We are now tied into a bigger outfit and should certainly have a better chance of survival/sp growth.
Hallelujah
Started: curlykev, 1 Apr 2019 23:02
Last post: curlykev, 1 Apr 2019 23:02
Stt 1 you are a filthy disgusting piece of slime. You are a sick individual who should get professional help. You have spent over a year posting thousands of negative posts about RTHM on various boards about a share you don’t even hold. I don’t know why admin have allowed you to do it, but I think they should be asked the question.
This is on the TAP discussion board:
"Effective Date of the Scheme 1 April 2019
- Admission of the Enlarged Group to trading on AIM by 8:00 a.m. on 1 or 2 April 2019
- Delisting of RhythmOne Shares by 8:00 a.m. on 1 or 2 April 2019 (Suspended 7.30 1 April)
- New Taptica Shares issued to RhythmOne Shareholders by 8:00 a.m. on 1 or 2 April"
Nothing is ever good news with Blinkx/Rythymone. I have a bad feeling about this.
Bad News?
Started: djframboise, 1 Apr 2019 08:52
Last post: djframboise, 1 Apr 2019 08:52
TEMPORARY SUSPENSION OF TRADING ON AIM
RHYTHMONE PLC
At the request of the Company trading on AIM for the under-mentioned
securities has been temporarily suspended from 01/04/2019 7:30am, pending an
announcement.
Started: Eddie21, 31 Mar 2019 17:41
Last post: Eddie21, 31 Mar 2019 17:41
Oh dear STT-
You need to be a bit more prudent with your time my boy.
Instead of cutting and pasting 24/7 on R1 and I am sure now on TAP BBs do try and spend some time researching about your investment in Totally plc, where you have lost a lot of money!
You see I am sure if you had been paying more attention to the “Industry News Flow” and “Industry Challenges” at Totally plc, where you DO have an investment you wouldn’t be now in such a loss making position would you?
Rthm (ex Blinkx) results over past 12yrs... revenue, cash and profit (loss) together with the sp at start of year...and their declining revenue, cash post the 2014 Blog and profit warning...
revenue cash(cash + equ) profit(loss)
fy2008 $6.5m, $39.4m, ($16m)
Jan 2009 - Blinkx buys 'certain' Zango assets after it's foreclosure
fy2009 $13.9m, $21.3m, ($8.8m)
2010: start sp: 175p
fy2010 $33.6m, $14.5m, ($8.5m)
2011: start sp: 832p
fy2011 $66.1m $52.8m $7.6m
2012: start sp: 777p
fy2012 $114.4m $38.4m $3.9m
2013: start sp: 657p
fy2013 $198m $55.9m $17.4m
2014: start s: 2065p
fy2014 $247.2m $126.9m $12.2m
Jan 2014 Blog
July 2014 profit warning - following which revenues and cash fell significantly and profit turned to losses
2015: start sp: 260p
fy2015 $214.9m $95.7m ($20.8m)
2016: start sp: 165p
fy2016 $166.7m $78.4m ($92.3m)
2017: start sp: 385p
fy2017 $175m $75m ($18.7m) *(inc Perk acquisition q3 2017)
Nov 2017 - $100m secured credit facility arranged. SVB have first charge
2018: start sp: 280p
fy2018 $255m $27m ($13.8m) (inc Rad1 & Yume acquisitions)
Gray,
6 yrs, more like 10yrs of being on track....
all sp in new money (10-1 consolidation)
IPO 450p, mcap around £170m by end of 1st day..
22/05/07 IPO - 450p, $50m
03/11/09 180p, $7.5m (£5m)
15/10/10 890p, $31.2m (£19m)
09/11/11 1340p, $15.1m (£9.4m)
04/12/13 1950p, $64m (£39m)
$167.8m raised
and last day of listing..
sp around 170p
and mcap around £136m..
goodbye 17p old money ,,6 years of being on track only the ceo s are doing ok,
Started: instadeth, 29 Mar 2019 18:23
Last post: Tricky_Dicky, 31 Mar 2019 13:48
Same old repetition within repetition stt1,
It is either worth a lot of money for you to keep up this frantic cut-and-paste job up or you have completely lost your marbles.
One suspects you are paid to bombard the 'boards' with donkey-droppings.
It's worth bearing in mind that Yume also announced a buy back and paid out a special dividend just weeks before the rthm/Yume takeover...
It didn't help.. The results show Yume's revenues were in decline...
Just months before the rthm/Yume deal was announced, Yume also announced a $10m buy back.
For fy2016, their results were : ** shows Rthm H1 results inc Yume...
Revenue: $160m (2015 $173m) ** rthm H1 Yume contribution $58m
Gross Margin 50% (2015 45%) ** rthm H1 margin 45%
Cash (and equivalents) $65.7m ** rthm H1 cash $22m
Their buy backs were around $3.61-$3.64..
https://www.businesswire.com/news/home/20170216006240/en/YuMe-Reports-Fourth-Quarter-Full-Year-2016
There was also a special divi of $1 a share, just before the rthm/Yume deal was announced...
Yume's last sp on Feb 1, BEFORE RTHM/YUME completion closed at $3.70. Compare that to the buy back prices, of $3.61-$3.64.
https://finance.yahoo.com/quote/YUME/
Special Divi announcement:
https://www.businesswire.com/news/home/20170622005385/en/YuMe-Declares-Special-Dividend-Quarterly-Dividend
OK Thanks for the replies. I wasn't sure if the first day of trading as Tap/R1 counted as merger completion. And thanks for that little insight into buybacks 1GW.
One wrinkle on the actual buying back of shares is the rule on the maximum price that can be paid, which is normally 105% of the average closing price over the preceding 5 trading days.
So if there's a burst of enthusiasm on merger completion and/or buyback announcement and the share price jumps, then they will have to wait until it gets into the permitted range before they can buy.
For example, according to the Yahoo! finance prices, the current 5-day average is 205.4, so if they were buying back on Monday the maximum price they could pay would be 215.7p per share.
instadeth - as far as I know, merger completion will be the same as the Effective Date of the Scheme, which should be Monday.
I expect an rns on Monday from Taptica, after delivery of the Court Order to the Registrar of Companies, confirming that the Scheme has become effective and so the merger has completed. They may also announce the details of the share buyback in the same release and perhaps the actual buying back of shares will start on Tuesday which is when the new Taptica shares are expected to be admitted to trading.
Started: STTsbumbag, 30 Mar 2019 18:31
Last post: STTsbumbag, 30 Mar 2019 18:31
stt1 whats your views on insider dealing?
Started: Eddie21, 29 Mar 2019 16:29
Last post: JinkyJ, 29 Mar 2019 17:43
STD
Due to the fact that you don't own any shares here and have no funds to invest as a result of your past losses..
Why don't you try a GoFundMe page , you never know your luck.
Scoundrel
As always you are being very selective with your cut and paste and are presenting OUT OF CONTEXT extracts from what basically was dis-claimer by R1.
As usual, you are again trying to Blow Up every point completely out of proportion and context to scare people according to your agenda.
The reality is that you have produced NO INDEPENDENT EVIDENCE whatsoever that any of what you keep regurgitating day after day HAS damaged R1 or is likely to seriously damage the merged company going forward.
Eddie
Started: stt1, 29 Mar 2019 15:10
Last post: Tricky_Dicky, 29 Mar 2019 16:24
Your circuit's dead stt1 - repeating and repeating tiny snippets of imagined negativity like a very junior naive reporter.
A shame you couldn't use your brain in better ways really.
Rthm have now de-registered for SEC filings.
https://www.apnews.com/Business%20Wire/c6798af8e2a442e9b437826925710f21
At least now they won't have to follow the stringent SEC filings..
Like...the one which was filed weeks before the NDA was signed... followed by 2 CFOs resigning within a space of 5 months...coincidence!!
The company has warned:
"MATERIAL WEAKNESSES", "SIGNIFICANT" costs, "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE.""
"D. Changes in Internal Control Over Financial Reporting
As a result of material weaknesses related to the ......."
https://www.sec.gov/Archives/edgar/data/1713721/000143774918014094/rhyth20180713_20f.htm
Page 43..
"SIGNIFICANT costs", SUBSTANTIAL MANAGEMENT TIME", "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE."
"The combined company will incur significant costs and devote substantial management time as a result of becoming subject to reporting requirements in the United States, which may adversely affect the operating results of RhythmOne in the future. "
https://www.sec.gov/Archives/edgar/data/1713721/000119312517377843/d399085df4.htm
Last post: Tricky_Dicky, 28 Mar 2019 19:56
Nobody in their right mind would keep repeating the same petty old stuff 'ad-nauseam' unless they had an issue or an agenda.
However, reasoned thinking that growth by acquisition has not worked thus far, holds some truth generally and that Tap and R1 is a marriage of two failing companies seems accurate enough.
As Gowlane suggests acquisition-led growth can cover a multitude of sins.
I would be more concerned about the end-game on those lines than by any drip-by-drip accounts of GDP and historic management issues or some spurious court-cases.
Declining revenues for the two companies are concerning, not the side-issues raised by an ankle-biter!
Blah, Blah, Blah GDPR, Blah, Blah, 18 CFO's have left in the last two weeks, Blah, Blah, Blah R1 shareholders under water...
We know, but we don't appreciate it being rammed down our throats ad nauseam.
Safi123, If you have simple disdain for a company you don't reach across multiple 'boards' constantly looking for weakness and industry-wide hiccups and try to make out that they are going to damage R1.
Bombarding the 'boards' incessantly time after time, especially if you have no commercial interest.
In fact if you did have an interest you wouldn't try to throw the book at the company from multiple angles and with so much time on his hands stt1 looks to be a very dodgy character enjoying his feeding-frenzy by slipping his poison out, and for what aim?
People who bought shares in the distant past and still hold them don't think much of someone running around trying to rub their noses in the pitfalls that may or not be wide of the mark.
I think we are all sick to the back teeth of vermin scampering around on the decking at will.
I’ve been a holder for about a year now and the SP hasnt progressed at all. I can certainly emphasise with some of you who have been led on much longer. I felt it was undervalued back then, and since then the company has clearly made enormous strides and is in a much stronger financial position. That’s what has kept me from selling...knowing the underlying value was building and net profits were near. I have to say though the conduct of the board is shady at best, and very disrespectful of it’s smaller shareholders. To an extent I can understand stt1’s disdain for the company. In all honesty if it was a popular share it would be overvalued and I wouldn’t have invested in it!
They seemed to indicate the 3rd quarter was quite successful. I’m certain had R1 declared a full year profit we would be looking at an SP easily north of 300, so the board must see significantly greater benefit even than that in merging with Taptica. It only follows that they felt reporting a good performance would undermine Tapticas offer who’s sp was depressed). If the results were underwhelming, then they would have declared it by now seeing as it would only have strengthened the case for a takeover.
I really hope for a first quarter update post merger, as I don’t feel it’s fair to keep us in the dark until the next half year report which is in September. I’m confident once the figures and potential synergies come out the market cap will rise to 500m plus, and signs of decent growth will make it a billion pound company. So I’ll hold
Good point, Tricky! If he's as dull in person as he is on this MB, I would rather chew my own leg off than have a "good chat" with him.
As if anyone would have wanted to have a 'good chat' with a scum-bag1
Brassneck has already posted on this. Nothing really to add from me, other than it was a shame not to have the chance to introduce STT1 to brass.
Started: joco16, 24 Mar 2019 20:11
Last post: Tricky_Dicky, 25 Mar 2019 20:31
Got a message for stt1
Your spaceship's dead there's something wrong...
I wonder if we could tease a comment from a certain s..1 re. the case mentioned in Mail on Sunday.?
"No comment" OR nothing negative about R1 by implication? In your dreams my friends. Too good an opportunity for some spurious connection to R1/Tap. He will be drooling in anticipation of what he can conjure up. (lol)
Started: Tardis, 22 Mar 2019 13:52
Last post: JAdam, 22 Mar 2019 15:23
Can anyone remember what percentage Lombard hold in Taptica (if any)? Thanks
Last post: instadeth, 22 Mar 2019 13:06
Thank you to all that attended the EGM for keeping the forum informed.
"Lots of shareholder questions about the background to the deal, lack of financials etc but no material comment from Eric."
Hardly surprising... He's hardly going to mention why 2 CFOs have left within a space of 5 months and what problems exist at rthm
"He isn’t tied in regards his shareholding in any way."
Good old Singer..
Well voted through with something over 97% acceptance. Eric Singer only person there from R1 and very keen to keep everything only to the resolutions/vote. Lots of shareholder questions about the background to the deal, lack of financials etc but no material comment from Eric. He isn’t tied in regards his shareholding in any way. Apart from the lack of any trading update etc most seemed to think it was a good deal with two undervalued businesses. Eric did rate Ofer Druker though so hopefully he can do the same for the combined business as he has for Tremor. Good chat with 1GW and Biffa, didn’t get the chance to chat with Stt1.
Last post: curlykev, 22 Mar 2019 12:59
Same old same old. Get back under your rock, you slimy creep.
Last post: Brassneck, 21 Mar 2019 18:58
I'm not sure he'd believe whatever I said. I'm certain he'd never admit he was wrong and that we were two genuine people posting our own independent thoughts. I suspect he's still cutting and pasting historical rubbish relentlessly.
And a big thanks from me to Brass and 1GW for the reports and your thoughts.
Incidentally, did you have one or two chairs to sit on at the meeting? Stt loves to know !!
Eddie
Last post: rustybucket, 21 Mar 2019 16:31
Thanks Brassneck and 1GW
Posted my musings of the TAP EGM on the TAP thread for info
Started: Tardis, 20 Mar 2019 14:20
Last post: rustybucket, 20 Mar 2019 15:22
Cant believe our resident comedian didnt pick that up....................................... Oh that would have been nearly a positive so he cant post that.
Google fined for blocking competitors
Started: rustybucket, 20 Mar 2019 12:15
Last post: rustybucket, 20 Mar 2019 12:15
On TAP, Giving his words of wisdom.
Or already trying to put seeds of doubt into people.
He must have some axe to grind.
Started: Tardis, 19 Mar 2019 21:01
Last post: rustybucket, 20 Mar 2019 08:56
Tap has had a much bigger spread through this process sometimes as much as 10p.
Another encouraging factor in this merger for me is the trading volumes on TAP compared with RTHM. RTHM has had pitiful volumes for a couple of years, which has allowed its price to drift, and more worryingly be controlled by algobots. Taptica on the other hand has had much better volumes, reflecting significantly more investor/trader interest, and making it less vulnerable to manipulation.
Come back n Eddie you know Stt doesn’t reply to goading posts like that. I’m just hoping that he disappears when R1 disappears and he puts his catastrophic 2014 losses behind him. As you say he can then focus on his TLY losses instead.
JAdam , would you even pay the village idiot the minimum wage , I wouldn't .
Admin , why have you not served this scurrilous individual with a life time ban. ?
STT-
You seem to use the weakness of the R1/TAP share price a lot recently as a justification for anything and everything you are trying to imply to us!!
I don’t see you taking such a stance in TLY shares, where apparently you DO hold a large position having bought all the way down from £1 now to 11p. Any reason you think for this?
Were you not Spotting the TLY News Flows and Industry Challenges as you were buying from £1 all the way down to 11p ?
Did TLY turn out as EXPECTED ? the same way you were EXPECTING things when buying R1 shares all the way down from £2 old money.
WHERE was your amazing EXPECTED insights regarding the above?
Have an enjoyable evening
Eddie
Good to see TAP reiterate the buyback starting immediately after the merger. Unless the BOD go full Theresa May on us, this looks like a cast iron promise. I’m counting down the days - reckon this will be a strong catalyst.
It is my firm view that STT is not an individual but a group -
Yes definitely , would the long delays in replying to the more detailed posts questioning his regurgitation suggest that his cohorts are sending him information to post.
He is not bright enough to come up with this info by himself.
Thick as mince..