focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Yea, I highlighted that $70 target reduced to $25, on the other board, while asking who was responsible for raising Laura Martin to doyen status.
On another note. Nice to see Tremors’ sp finishing the day on your side of the pond, higher than it closed here on the AIM. All being equal, we should start our day tomorrow, a little bit on the upside once again.
From within the StreetInsider link below, you can see that back in November 2021, Needham & Company analyst Laura Martin reiterated a Buy rating and $28.00 price target on Tremor International after hosting a demo and Q&A with the company's CEO Ofer Drucker, COO Yaniv Carmi, and CFO Sagi Niri. Key takeaways included:..
1) Product breadth extends across the DSP (demand side platform), SSP (supply side platform), DMP (data management platform) and a PMP (private marketplace).
2) EBITDA margins are structurally ~2x higher than most other AdTech companies, and sustainable because they own the end-to-end platforms (no rev leakage) and they have structurally lower operating expenses.
3) The user interface uses pictures to target ads, not line items, and all include CPMs.
4) CPMs (ie, pricing) for an ad on CTV are 2x higher than the same ad shown on mobile and desktop screens inside identical content (ie, same store comp).
5) CPMs range from $12-$26 for most ad units.
6) TRMR's targeting is very visual, which is consistent with TRMR's focus on video and CTV ad units.
7) The deal with TV manufacturer Hisense, gives TRMR exclusive viewing data for 20mm Hisense smart TVs globally as soon as 5/1/22.
So, in just three months, what does Laura feel has changed since that November interview to cause her to lower that target to $20? My guess…. it’s an easier target to hit. It will provide a credit for her when she meets it. It gives her headroom to upgrade it after Tremors’ next set of results.
https://www.streetinsider.com/Analyst+Comments/Stifel+Resumes+Tremor+International+%28TRMR%29+at+Buy/19531719.html?classic=1 "Stifel
Tremor International Office in Tel Aviv…
https://officesnapshots.com/2022/01/31/tremor-international-offices-tel-aviv/?fr=operanews
gdog....it's a repeat of what I've said here before...I like Perion. I think it possible that Microsoft may make a move on it at some point.
So, what is the catalyst that will drive the next wave of consolidation in the adtech sector and how might The Trade Desk and other single sided platforms grow in the face of competition and fragmentation in the adtech sector? Organic has it’s limitations. The driver will likely be desire for Data. The ownership and control of first party data, currently held separately by the single sided adtech players, is so valuable. It is becoming all too clear now that this resource can be more effectively and efficiently used when shared within the same platform i.e. when the sell side and buy side platforms are combined into one end-to-end exchange. Data on user interaction with ads is as important as that which has been harvested from other sources about the users activity. Going forward, we may well see the rebirth and reformation of end-to-end platforms at scale. This process will drive takeovers and mergers and create some bemouths along the way. Makes Tremor a really attractive proposition, don’t you think?....extracts….The endgame is that it refines ad targeting with some fancy data spice –and that results in a substantially more inspiring bottom line.
https://theappsolutions.com/blog/development/what-why-how-adtech/
PhilC...to my knowledge, Perion Networks will be the first of the (so called) peers' in our sector to report and that is scheduled for 9th Feb. Happy to review any other positive news that you may have to hand and willing to post here.
gdog, re...give us good numbers but disappoint on guidance, all bets are off.
I guess that goes without saying it. This quarter is generally the sectors' weakest so being down on both isn't going to be pleasant. Hence why I said, prey for good numbers from our peers folks.
If we get a good set of results from Perion on the 9th Feb along with a favourable outlook, it will likely lift the whole sector. All eyes will then be on Magnite (24th), Pubmatic (28th) and TTD (yet to announce a date). Good results here and it’s gonna be neigh-on impossible to hold Tremor’s sp down ahead of it’s own earnings report. So, prey for good figures from our peers folks.
It's painful looking at where we are against the high we reached a few months ago but schroedar (advfm) has it for me. Tremor's sp has entered serious buying territory. If you don't believe this, best you sell all right now and leave the stage.
Exactly why I have postulated that if there isn’t a deal to be done this side of the earnings report, (NDA and all that) then it’s best Tremor just get the next report out the door asap and announce a buyback alongside of it. It’s my view now, that in the absence of a deal, (merge, acquisition, takeover etc) a buyback is almost certain and necessary to support our sp going forward. Further, by reducing the number of shares in issue it has a positive effect on the p/e, and so, if that’s what’s coming, then I’d appreciate that Ofer Druker gets on with it, announce Tremor's intention to use a wedge of that cash we have on our balance sheet in support of our beaten-down stock and to maintain that support until such times as the tide turns and market conditions improve. It’s the only defence that makes sense to me right now, as things stand. Don’t hold for a late report like last time. Just get on with for heaven sake.
If there isn’t a deal to be done this side of the earnings report, then it’s best Tremor just get the next report out to the market asp and announce a buyback alongside of it. It’s my view now, that in the absence of a deal, (merge, acquisition, takeover etc) a buyback is almost certain. If that’s what’s coming, then I’d appreciate they get on with it, announce their intention to use a wedge of that cash we have on our balance sheet in support of this beaten-down stock and to maintain that until such times as the tide turns and market conditions improve. It’s the only defence that makes sense to me as things stand. Don’t hold for a late report like last time. Just get on with it ffs.
Agree SNN. The master plan is to create a service that makes the sale of CTV and streamed media inventory easy, enticing, controllable, flexible and profitable. To this end, the acquisition and integration of Spearad is a gamechanger. And when VIDAA kicks in, in May, it will provide a platform from Tremor that is user compelling, attractive and visionary.
https://www.spearad.com/
https://www.spearad.com/pr1
Apology and correction, SSN = SNN.
Further to SSN's post ...Tremor relaunch as 'New Tremor International'....See the Video within the BLOG. At 13.47 mins in...Spearad is already fully integrated into the UnRuly SSP and at 14 mins in, see Tremor's New TV Market Place proposal.
Https://www.tremorinternational.com/blog/
Dated 13th Jan 2022, a little more in the way of marketing blurb on the VIDAA/Unruly partnership. Https://www.exchangewire.com/blog/2022/01/13/vidaa-selects-unrulys-ssp-ad-server-for-ctv-native-display/
It’s worth reassessing the potential value of VIDAA to Tremor … (Sharecast News) - Video and connected television advertising company Tremor International announced a "global and exclusive" strategic partnership with VIDAA, a smart TV operating system and content platform preinstalled on most television sets manufactured by Chinese consumer electronics marque Hisense.
The AIM-traded firm said the VIDAA system is also integrated into a number of original equipment manufacturer (OEM) televisions, including those by Toshiba.
It said the partnership would enable Tremor's technology platform to gain exclusive access to VIDAA's automatic content recognition data, both in the United States and internationally.
The agreement would provide access to VIDAA's distribution, reaching around 20 million smart TVs worldwide, which was expected to grow to more than 40 million in the coming years.
Tremor would bring VIDAA's automatic content recognition data into its 'TV Intelligence' solution from 1 May 2022, which would make Tremor the only external end-to-end technology platform with direct access to OEM automatic content recognition data for targeting purposes, outside the 'walled gardens' of manufacturers.
Following the integration into its TV Intelligence solution, Tremor said it would have exclusive rights to the VIDAA automatic content recognition data in all global markets, and would activate in the US, Canada, the UK, Germany, France, Italy, Spain, Portugal, the Netherlands, Australia and Japan.
The data would be available for activation by both advertising and media company clients, via Tremor's wholly-owned subsidiaries Tremor Video and Unruly.
In addition to targeting, Tremor Video and Unruly would offer proprietary measurement capabilities for TV Intelligence campaigns.
"This is an important milestone in Tremor International's trajectory as a leader in connected TV and video, and underscores an important pillar in our strategy," said chief executive officer Ofer Druker.
"The partnership with VIDAA bolsters the availability of highly desirable data sets that will live exclusively within the Tremor International end-to-end platform, opening new advertising horizons for customers across the globe and accelerating Tremor's growth around CTV."
This link (below) and the attached ‘Related Posts’ further shows the potential value of this exclusive relationship for Tremor of the VIDAA deal. It all starts on the1st May.
https://advanced-television.com/2021/10/19/disney-on-vidaa-smart-os/
Re...“Tremor’s attempt to censor Dan Bongino violated Rumble’s core principles,” said Rumble CEO Chris Pavlovski.
gdog, no wish to offend but what's good for the goose is appropriate for the gander. Tremor also has core principles, right?
Today’s sp is irrelevant. If, behind the scenes, the current negotiations culminate in an agreed takeout proposal, then you’ll find Tremors sp (miraculously) being driven up, ahead of any public announcement, to within 30% or 40% of what is to be the offer price. That’s when you’ll know it’s coming. If it does happen, as someon the other buletin board profess it might, (and I have a different preference) then a lot of punters are going to be wishing they had taken advantage of this unfairly battered stock. Either way, I fully expect the sentiment to change when we get into January, particularly because we will be coming out of the current news void and into the next catalyst…the 4Q trading update. That update may carry an announcement relating to the outcome of the NDA. On the other hand, if negotiations are continuing, then it may not. Either way, expectation will be heavy in the air.
In that case Tricky I'll take the logrithmic one and leave the stage a happy fella, well before No.64.
Well, there are quite a few research notes out there predicting the growth of the Digital Video Advertising Market, through to 2026 and 2027.
Here are another three. Isn't it nice to have so much choice and so many differing conclusions?
https://www.kbvresearch.com/digital-video-advertising-market/#:~:text=The%20Global%20Digital%20Video%20Advertising%20Market%20size%20is,the%20present%20age%20more%20informed%20than%20ever%20before.
https://www.knowledge-sourcing.com/report/global-digital-video-advertising-market
https://www.grandviewresearch.com/industry-analysis/digital-video-ad-market
I sometimes post on the Lumentum Inc board and one other board on Yahoo and I find that if you try to place the same content (or near same content) onto both boards it will only take on the first one. It will eventually take on the second board if you leave a long enough time interval between attempts. Sometimes you may have to wait untill the next day.