Member Info for biffa

****tee,

You don't get free biscuits and coffee at home, so that could be a reason to go?

And $42M into our coffers when the deal completed.

I hear www.superrewards.com is doing well.

A couple of decent links on advfn a few days ago saying that advertisers were flocking to PMP and 'contextual' providers because of the GDPR flap. (now proven to be year 2000 hot air and hype.)

As you know this is exactly what we offer and why Dan always downplayed the looming GDPR.

I'm surprised our resident link man didn't post it! (I forgot it's good news for Rhythmone)

Brass,

I had an hours conversation with Ed last week and managed to cover almost everything on my list. He is happy to engage with investors.

They are doing a pre AGM road show in the UK and intend to release a quarterly TU. It would make sense that it was out prior to meeting the funds but we will see.

He re -confirmed what was said in the CC that this qtr was 'really good' with 'lots more to come'.

The company has no idea why the shares have such a low rating compared to all their peers. (cheap was the word but not allowed to give advice) I gave a few suggestions! which we will follow up at the AGM.

Focus is purely on getting a return on the current assets. M@A off the table unless its someone buying us.

Amazed to see Appnexus go for $1.6B as he knows their metrics and have 'a similar proposition to us'

The company looks to be in a better place than it was a year ago but worth alot less. Crazy!

Have to hope next week provides some sort of catalyst to put this SP rubbish behind us.

Brass, I'll be there as the dates fit for me. Let me know if you have any questions nearer the time.

Not sure if anyone has read all 3 notes (and now the annual report)but it does put to bed this revenue argument. 'As expected we lower our revenue estimates (from $487m to $425m) as the group focuses on profitable revenues and we maintain EBITDA at $57.8M' The group indicates scope for further cost savings for 2020. Numis. 'They are happily shedding some lower margin revenue which means that revenues will be lower but importantly gross margins will be higher, as video increases as well as private marketplaces' Whitman Howard. 'We expect the market to respond VERY POSITIVLEY to this update and the maintained guidance' N+1 Singer Who gives a flying **** about shit revenues if they add nothing to the bottom line. (remember Prime, $25M revs and losing $3m a year. Thank god it went) Margin going up to 42/43% and cap ex coming down by 20% if you read the intent. We have already been told this qtr is going well so roll on the AGM. Mark can hardly say anything that is going to cast a negative light on Eric. I might buy some more.

Looks like the carriers finally moving into our sector. Very good post by LOB on advfn last night if you want to copy and paste here.

Will not be repeated next year as $11M were acquisition costs and $4M non repeating exceptionals. We also got a slightly better $42M from Yume which makes the deal slightly cheaper.

Some excellent notes out from WH, N+1 and Numis. 'increasingly vulnerable to a takeover' and 'very substantial rerating from this 5X P/E FY 19' Ebitda of $55M+ and cash of $60M+ confirmed again for this coming year. All 3 analysts applaud the company for delivering on all fronts. All remain buyers and TP £7.20 to £7.70

Pre merger Yume were looking at $25M? Rone $14M and savings of $15M plus. It is difficult to see a scenario where they don't confirm/hit the numbers. We even have the world cup to add a few $? As mentioned by a few, if we were on the same rating as our peers, we should be at �7/8 this time next year if it was a fair market. However we know it's not. I still believe our major shareholders actually want a decent return on their money so a gradual climb back to a half decent valuation has to be on the cards?!

A simple question for you. What is a fair SP in 9 months time if they hit guidence of approx $60M EBITDA and $45M PBT? No ifs, buts and maybes. Just give us a price. Should be easy for a major investor like yourself.

My thoughts are that Ted wanted to buy something. He asked the BOD to back him and they basically said no. It left him in a slightly difficult position so off he went. All I can say is thank god the BOD have now seen sense. (depending on what you believe, the BOD is either the elected board or a defacto concert party of Eric/tosca) Either way the direction now is to consolidate the vast offering/assets they have and make them pay. Build up the coffers and get the SP up to a level where it becomes useful again. Comparable companies stateside are worth 4X as much and offer much less and the shareholders want some of that action. Mark is a numbers man rather than an empire builder. They can extend the empire next year!

Interesting Glassdoor review from the 17th May. Went up over the weekend. Senior engineer of 8 years has left because not involved in the buyout talks. Question is will they be able to hold on until results day or have to release early?

Do us all a favour and just p*ss off.

Decent volume going through and 20% up. Every chance of a return to �4.00 over the next few months as this transformation sinks in. I say �4.00 as that is a mcap of �300M which is approx the figures for the Yume/Rone deal. We are now 6 months on from that and the positives are clear to see. Excellent update from Whitman and Singer.

One of the best I've seen. Full year guidence confirmed by Ted. That's $45M PBT for anyone interested. This could recover very quickly.

Tomorrow has to be a contender? If they come anywhere close to pointing to $50/60M this year coming I think the rise will be as quick as the recent fall. Everyone is showing a loss and everyone wants a return on their investment. Existing funds will top up and new funds will commit. Full results in a month and a week long road show. AGM a month later.

I thought our chart was bad until I looked at TLY! No wonder stt for brains has become totally unhinged. As for our 'large rolling debt' another piece of fiction. We had $40M end of half year and were expecting at least $10M back from rad one expenditure. We spent $60M on Yume and got back $35M on deal day +1 In my book thats about $20/25M in cash, and thats before the cash inflow for Feb and March. The 'conservative' cost savings of $12/14M make the deal worth doing alone. The fact it was almost all paper at �3.70 makes it even better. Everyone will be looking for a return on their investment sooner rather than later!

Another tick in the box from TAG. Our new hire looks good,used to be director of advertising at Yahoo EMEA.

See my post from last night with figures.