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BTW:
Last quarter we didn't announce the report date of 7 March until 24 February.
Extrapolating would put our report date announcement at around 27 May for a 7 June report date.
Of course I've no idea when it's actually going to happen...
JR,
I pray to Money you're wrong.
We are due for a break with a bit of good news.
Problem with Amobee(?): Linear TV ad spend is down over here...fingers crossed our plans are working and we're moving them to CTV with our new platform. IF things are working as planned, it may turn out these guys may have done something positive with the Amobee acquisition. There's always a first, or so we hope.
My prediction is that when they do announce the results, we will fok up (again) and we will dive down to sub 200 certainly maybe 150? That is 15p for us oldies! They haven't had a good result since Aug 21.
I will only credit the optimist when (if) we actually deliver!
jr
Looks like everyone else has survived the first qtr intact.
2nd qtr guidance +5/10% and then a much better improvement/seasonality into the 2nd half.
Any chance of us joining the gang again or a pos for the 4th time?!
Another TCL Channel snippet....
https://www.fastchannels.tv/news/fast-channels-tv-content-lands-on-tcl-channel
https://www.appsflyer.com/glossary/fast-tv/
I used to work for Diageo and they had a hugely competent Investor Relations teams headed up by a lady who held more weight in the business than the CFO. She dictated the finance strategy, KPI's that were reported and even some of the commercial strategy.....based on her in depth discussions with banks, investors etc. When the share price was £6 she said she won't leave until it reached £25. She left when it reach £30. That is what we are missing. It is worth paying a fortune for a similar person...
I read somewhere that they’re 51% owned by Toshiba who we already have links with.
Even with good news the price reacts badly! It’s only some stella results that will get this ship moving again I think ! When you look back at what Tremor were a few years ago and their capabilities now it’s staggering but the share price has still nosedived. I for one am still in for the long haul, it still owes me big time but I cling on to the £8.00 price tag not so long ago when our future looked far less Rosy. But what do us small investors know ? It’s hard to find a better prospect in the sector that’s not way over priced at the moment so why isn’t the market picking this up? There must be something seriously wrong I’m missing obviously!
A few more stats....
https://www.gizmochina.com/2023/02/01/tcl-global-releases-its-tv-sales-data-for-2022/#:~:text=The%20firm%20has%20now%20released%20its%20global%20TV,in%20the%20global%20market%2C%20which%20is%20really%20fascinating.
https://channellists.com/tcl-channel-list/#:~:text=TCL%20Channel%20List%20%E2%80%93%20TCL%20Channel%20Lineup%20with,8%208.%20TCL%20Business%20Channel%20List%20More%20items
https://www.whathifi.com/advice/should-you-buy-a-tcl-tv
Re, extract…TCL FFALCON ("TCL"), a global leading Internet and AI×IoT service platform, providing advertisers with the opportunity to deliver highly impactful, relevant ads to receptive audiences across the US, Europe and APAC.
So, what is an Ai x IoT platform?
Apparently it's an Artificial Intelligence x Internet of Things, service platform?
An IoT Platform as a Service (PaaS) is a cloud-based platform that enables businesses to develop, deploy, and manage IoT applications without needing infrastructure management. IoT PaaS provides a robust and scalable infrastructure to handle the massive amounts of data IoT devices generate. The platform offers tools and features like data storage, analytics, security, and device management to help companies streamline their IoT operations.
An Ai x IoT platform…This platform does not just focus on the data that is received but it includes an extra predictive model which can only be achieved through machine learning and artificial intelligence (AI). Without being able to predict events, you can not fully automate your IoT ecosystem.
The above are extracts. You can learn something every day!
Sound like a bit of very positive news . Let’s see if the markets are stirred!
bald_eagle....With the macro as it is, the AdTech sector is in a tougher place than it was a year or two ago but perhaps not as bad as some earlier pundits had predicted it was going to be. Amazon released 1Q23 results last week and stated that its best-performing sectors was advertising, which rose 21 percent. Meta reported its 1Q23 results on Thursday…extracts, guidance for total company growth (and implicitly for advertising) for the second quarter is roughly similar to the first qtr, with an 8% constant currency growth rate. Alphabet’s Google’s advertising search business did better than expected, posted approximately 3% organic / constant currency growth in advertising during the first quarter, and Microsoft’s main advertising businesses probably grew at a high single digit basis on a comparable basis.
These three companies account for approximately half of all global advertising spend. This lower growth will likely reflect the pattern for the rest of the year. Not euphoric but not Armageddon either. My feelings are this. If there is a good time to get your house in order in prep for coming out of this downturn, it’s now. By the time 2Q results are released the Amobee integration should be almost complete and the VIDAA first party data building nicely. That’s all exclusive to Tremor and highly desirable and valuable stuff. It’s my bet that we will get the rebranding of Tremor along with 1H results, around August time, and I’m betting also that from this point onward, Tremor will be ripe/ripened for sale in 2024.
Just a Recap…Tremor Newsletter from 1Q23… https://tremorinternationalltd.gcs-web.com/news-releases/news-release-details/tremor-international-q1-2023-ir-newsletter
Radium, I hope you are correct. The previous owner of Amobee had invested a lot of money in the business but seemed to have lost interest. I don't know enough about the business to know if it was a good purchase by Ofer (which worries me). The Unruly deal was a 'No-Brainer'....not so sure this time. Hopefully Ofer can work his magic.
I think the days of grand promises and wonderful ideas have gone and it is time for delivery in the tech industry.
This is one Dawg who agrees with Radium's below post.
I put my Money where my mouth is: since the beginning of 2023 I've added 25,012 ADS units (50,024 common shares) to my already overweight previous position. TRMR is a large holding for me...I realize it's all relative, it may be peanuts for others, but it's a lot to me. Believe me when I tell you I want this to work out for all TRMR longs.
It is so cheap, if I had any Money left I'd buy more.
Building out the complex infrastructure of Tremors full stack platform has taken years in the making. That platform is now well established and the bedrock of the business. Tremor said, with the recent purchase of Amobee that, “the acquisition will strengthen several existing business segments including its self-service DSP, performance capabilities, CTV, and data products, and Amobee will add new tools, specifically its linear TV capabilities and insights tools”
The Amobee purchase also added scale for Tremor and with it a selected team of talented, creative, software engineers and developers. The hard work of building Tremors full stack platform is done for the most part and barriers to entry at this level are high. As Andy Brough noted, Tremor can now throw these talented Amobee teams into making the above statement a reality. The market is showing ambivalence, but as Tremor progresses with the integration of Amobee, it’s my view that it is only a matter of time before this one turns and at £2.20, and looking back, this sp will look like the gift that many will wish they hadn’t missed.
Mal,
I am deep, deep, deep into PERI. I just bought another bite a few minutes ago at $34.77 ahead of the earnings, which are on 3 May, before the open (not 4 May). I have an average price under $10 per share, PERI is by far my largest holding, and I added another 2,500 shares on a dip this past week in the mid-30s. That should tell you of my conviction in PERI.
So yes, you can say I am into my PERI.
But I also added a boatload of TRMR in the $5 and $6 areas over the past month...because I think we'll do well when things turn, and I want to be in front of that when it occurs. (Not if, but when that occurs.)
Mainly for Gdog. Noted you were a very keen advocate for Perion and have always had much greater confidence in their management. So i did a bit of chart research going back 12 months from today. Peri as at today up by 87% and at one time was up by well over 100%. Tremor by contrast DOWN by 47% whilst the managers have enriched themselves to the tune of tens of millions in share options.
Just wish I had followed your lead. Hope you’re still invested in Peri who I note will post results May 4th for first quarter. Price steadily moving up and up this past few months whereas every day with Tremor is yet further declines to all time lows on Nasdaq.
Whether it was done intentionally or not, the matter boils down to whether Alphonso/LG reneged on contracts with other companies, between tremor and themselves, legally or illegally.
Alphonso were clearly struggling at the time and Tremor 'lent' them a fair amount of cash.
Alphonso are now being shafted by LG for resisting re-negotiation of inventory agreement contract terms.
The sense of schadenfreude is palpable.
It appears that LG have now achieved partial dismissal (of the second amended) complaint against themselves.
But that LG ads ("Alphonso") have been denied partial dismissal of the same complaint.
jonhas, Doc 470 para 4. gives some indication of the end game dates i.e. Motions for summary judgment shall be filed by May 12 2023. Oppositions to motions for summary judgement shall be filed by June 9 2023; and Replies in support of motions for summary judgement shall be filed by July 14 2023.
As I said, short of an early (and unexpected in my view) settlement, the above dates indicate to me that the resolution of this case will likely extend into the second half of the year.
Brimach, I wasn't able to ascertain much of a timeline from the latest docs however having gone thru relevant docs for an hour or so, it did appear apparent that Alonso / LG are being made to provide documents and testimony that they have attempted to frustrate since the start so perhaps that may be a sufficient lever for them to start seeking a settlement.
Not sure how this substantially changes the offering of self-service DSP announced in November 2020.
Just RNSed and already distributed widely.
hTTps://www.globenewswire.com/news-release/2023/04/26/2655173/0/en/Tremor-International-Launches-Its-First-to-Market-TV-Convergence-Solution-A-Self-Service-Cross-Platform-Planner-Unifying-Audiences-and-Optimizing-Reach-Across-Digital-Linear.html#:~:text=NEW%20YORK%2C%20April%2026%2C%202023%20%28GLOBE%20NEWSWIRE%29%20--,for%20the%20fragmentation%20of%20linear%20and%20digital%20viewership.
the issue with TRMR is the management. take them all out.
Was the rise on 17/4 Stateside due to a little win in court against Alphonso ? Where they tried to get some stuff thrown out. I do hope that resolves in our favour soon .. but no doubt it will drag on.