Firering Strategic Minerals: From explorer to producer. Watch the video here.
Blimey, feel like I’m being Stt now, that’s a massive shift to mobile in one quarter. They’ve changed something here or switched off some low profit desktop. Worth asking at AGM though
To add to stt’s questions would be good to understand how much of the pricing difference between Q4 and Q1 flows to profit or has cost of supply gone up 30% too. Based on the TU if we had the same 3.36 price in Q1 there would be a 20m difference in revenue. If the majority of the 20m flows to profit then that signals strong profit growth.
Well good luck for tomorrow guys. Hopefully a decent trading update first thing and then a productive AGM. Be good to hear what gets discussed from those attending. Thanks in advance for that. Should go on all day based on Stt’s questions.
I’m sending 1GW instead Stt as I’m out of the country remember, but I will be picking up with the BoD next week. However I’m sure whatever people post from their own discussions at the AGM you’ll just dismiss as blinkered posters. How’s The search going for Gowlane’s post by the way?
You must be a joy at parties Stt
Stt, don’t worry, I won’t mention gowlane’s 15m forecast in this note but you do make me laugh. With R1 you post continuously on multiple boards even though you don’t own shares. TLY release their results and you don’t seem to post anything on their board but do on the ADVFN RTHM board where you say they were good results. R1’s results were lambasted by you. It looks to me that TLY reported PBT of 2.1m but that included 1.2m acquisition costs and a one off 6.5m gain so really a 3.2m loss, and that ignores the impairment on wasted development costs (no mention of that either whereas any impairment at R1 is end of the world stuff). R1 made a PBT loss of 14m but that included 14m of acquisition costs. Both businesses are trying to grow through acquisition and organic growth, both have been loss making. I could understand if you were constantly posting negative stuff on the TLY board but you seem to view similar businesses in similar stages of development as completely different prospects. Bizarre. I can only summise that you crystallised a big loss on RTHM and are yet to crystallise one on TLY, at which point they’ll be in for the same treatment. By the way, I hope you don’t make a loss on TLY but that you are more balanced on RHTM. Perhaps this weeks trading update will give you the opportunity to turn over a new leaf?
Good point Eddie, may try and get it switched to a video conference if AGM doesn't settle it. Just because they have different photos on the website doesn't mean they're not the same person eh...
Ahh but 1GW I won’t be at the AGM so we still won’t be seen in the same place at the same time! I’m on holiday for a week and back in UK next week. Dare I say I have arranged a call with Mark Bonney the following week to discuss a few areas I had emailed him about. Not expecting anything different to the points that will be made at the AGM but wanted to have an opportunity to put my views across and question him on the industry challenges (and debtor profile!!).
Stt, I think Biffa said he had no problem finding it. I didn’t think people had to back up their points on here. If not I would have seen a link to gowlane’s 15m forecast some time ago, not to mention detail on debtor profiles...
Not to mention the moleskin pad and water bottle
Stt, I think it helps if you’re a shareholder. BoD May talk to you then. In my experience they are quite open to dialogue. AGM is very open and welcoming. You should buy a few shares and turn up.
Stt, you can’t believe how disappointed I was that you didn’t include a link to Gowlane’s 15m loss forecast or an analysis of outstanding debtor trends in your latest post
Biffa, thanks for that update, very interesting. His view of the share price just begs the question still further of why they don't initiate a buy back now. M&A being off the table probably explains why Ted went as that was what excited him I think. Again, why don't they say that in their statements rather than saying growth by organic and acquisitions - I think everyone is nervous of R1 making acquisitions given their track record, may be different a year from now if Yume has transformed the performance of the business. I'm still positive on this and fear a low ball offer could come their way before the financial transformation is evident. I'm waiting for some investment funds to materialise in my SIPP and will then buy another 50k shares or so - but I'll let people know just before I dip in so i can avoid the ramper comments. I'm now hoping it will be before the TU next week rather than after!
No of course not Eddie. Any human would just say sorry, i thought i had read Gowlane had forecast $15m loss but it looks like it was $20-30m. We all know that if he had found a post saying $15m he would have posted it with a link within the hour. We all make mistakes on this board and get the odd thing wrong, everyone else just acknowledges when they do and corrects or apologises for it.
Won't stop me keep asking him though!
On a brighter/ramping side I am pleased we haven't had a TU this week. Gives me confidence that they are on their numbers. If they were more than 10% out they would have released an early TU. I expect they will release either Thursday or immediately prior to the AGM on 13th. No idea what I'm expecting really though hopefully revenues north of $90m for the quarter. I'd like a comment on cash generation but they only tend to do that at Q2 and Q4.
Stt, glad you're back on the board. Any luck providing the date/time of Gowlanes $15m forecast or news on normal debtor profiles? I'd assumed you been researching away on this rather than looking at shares on loan.
Stt, you're much better than me on this, or more committed in trawling the advfn site. I apologise if you've found it and he did forecast the $15m. Perhaps you could just confirm the date and time of Gowlane's post and I'll take a look.
On Pixalate I don't think it does have much commercial impact at all (although it's obviously a disaster if it falls, just like Quantcast). It helps their PR and position as a brand safe environment. Ultimately it can't do any harm to be at the top. You never know, one of the industry challenges could be advertisers using fewer DSPs in the future and some may look at who's trusted when slimming down their list.
I'm just glad we're not AppNexus, their ratings have fallen heavily to around 20th. All that Ads.txt hasn't made them any safer. Perhaps AT&T will revise their offer down $600m now to discount the Ads.txt premium.
This is like a mini series... R1 are also now in the Video rankings for the first time since January. In the top 10 both US and Intl
Also first time since 2016 that they have been in the top 10 for mobile (and were for the last 3 months).
Stt normally does the links (although he can't seem to find one for gowlane's forecast) but here it is MCP
http://www.pixalate.com/sellertrustindex/global/#!global
I see we are back to No1 US on Pixalate for Feb and March after a couple of months at 4 and No2 in International.
Ads.txt rating higher in Jan and Feb at 85% though 75% in Mar.
Still churning the subject Stt, still nothing on debtors or gowlane’s $15m prediction?