Member Info for Radium1

ShareNicelyNow, I know that each reader handles this guy in their own way. It took me ten years+ before I decided it was time to silence him. Along the way I learned that constructive engagement was just a waste of my time and moreover, a welcome ‘suck’ for him. I am sure that I am not alone in thinking that I find it incomprehensible and so very odd, that one individual could/would, on two bulletin boards, continue for so long with such unforgiving relentlessness in posting literally tens of thousands of negative posts against one company and a relatively small cohort of its private investors. This guy is not unintelligent…. but I am fully convinced that he is not the ‘full shilling’ either.
Time has shown that those unfortunates who he persuaded to either not invest in (blinkx) Tremor or to sell out early, have lost lots of money as a result. One comfort I have is that he paid the same price himself and missed out on lucrative returns from an investment here. That inescapable fact is immensely painful for him and of equally immense pleasure for me.. Bittersweet indeed, yet so deserved and for this reason alone, each rise in Tremor’s sp leaves me with a extra warm and fuzzy feeling.

I keep our resident Canute on filter so don't see any of his scribblings. I notice that he had my last post about his investment history in (blinkx) and consequential losses therein, removed. I guess that my use of the words shyster and charlatan provided the grist for him to approach admin. However, I intend to re-post with that description removed, if for no other reason than I know the post annoys him.

Acuity IPO’ed today at a price below the previous days close on the OTC’s. Nasdaq ticker now ATY.
https://finance.yahoo.com/quote/ATY?p=ATY&.tsrc=fin-srch

https://finance.yahoo.com/news/acuityads-announces-initial-public-offering-222900160.html

Also worth noting. In respect of the CEO's intention and integrity, had Ofer held on to that 1/3 of his holding, it would be worth three time more now than what he sold for.

I haven’t looked myself. This courtesy of thequestor (advfm)….
According to: https://www.shortdata.co.uk/company.php?isin=IL0011320343 there are no shorts above 0.5% on Tremor.

Courtesy 1gw ….
CEO's shareholding: 14th December (day before he sold 1/3 of his holding): 2.365m shares at £3.40/share = £8.0m value Today (based on 5th May RNS holding) 2.752m shares at £7.86/share = £21.6m value It looks to me as though the CEO's investment in the company has nearly tripled on a mark-to-market basis, despite that sale of 1/3 of his then-current holding in December. And even on a number-of-shares basis it is higher now than it was before he sold 1/3 of his holding.

Martin Sorrell….. told The Financial Mail on Sunday that the advertising sector was 'as strong as I have seen it in 45 years. It's the snapback effect after what happened last year. It's huge.

https://www.msn.com/en-gb/money/other/sir-martin-sorrell-s-s4-capital-raises-forecasts-after-fantastic-start-to-2021-as-the-firm-adopts-a-hybrid-work-model/ar-AAKNlE1?ocid=uxbndlbing

Extract from S4’s AGM statement today….

As the global economy snaps back from the pandemic and opening up and vaccines kick in, trading for the first four months of 2021 has accelerated strongly, with reportable revenue up almost 90%, compared to 71% for Q1. Reportable gross profit or net revenue was up almost 84%, compared to 71% for Q1. Both revenue and gross profit or net revenue like-for-like growth rates accelerated markedly in April. We do not have our May figures as yet, but early indications are that May will be similar to April and that in June, the pipeline continues to be robust. Tech clients, which constitute over 50% of our revenues, are still generally outspending CPG/FMCG, pharma and retail clients, but all verticals exhibit robust activity. At the beginning of the year, the Company's third three-year plan, as with the previous two, called for a doubling of the Company organically between 2021 and 2023. This targeted organic gross profit or net revenue growth of approximately 25% in 2021. After the end of Q1, in light of Q1 performance, guidance was raised to 30%. In light of the acceleration in Q2 and the Company's Q1 Revised Forecast that has just been finalised, guidance has been raised further to 35%.

Investegate |S4 Capital PLC Announcements | S4 Capital PLC: AGM Statement

The way Tremor’s sp is behaving, ahead of this IPO, I cannot see how it could possibly be held at or around the £8 level, which has been suggested by some, after the effective date of the IPO is announced.

My thoughts are, there would not be no IPO at this time if Tremor was intended to report a poor set of results for this qtr. Thus, the figures are good and they will want to use them to make an impact on the IPO. In this regard they ought to have the clarity and certainty they need for an ‘all systems go’ on the IPO by the middle of June at which point, they may, purposely, release an early earnings update. I think the date of the IPO will be linked to coincide with this.

I think this is a rare and open personal disclosure for a bulletin board poster. When he receives lse clearance to post, yield_fanatic will be a very welcome contributor here and an intellectual counter to the raison d’etre of our long-standing resident antagonist.

Brought over from advfm…..
28/5/21. Apologies for posting this on here.. ..but just realised that Sikh has been attacking my credibility on the LSE chat. I crated a profile there just now but can't post...so posting here instead. Yes, I created my profile on Advfn a couple of days ago. Didn't realise I have to have a history of posting to be taken seriously by bears.
If you want to see a history of my posts, go to twitter and search for Yield_Fanatic - have 3,125 followers as of this am. I posted a fairly large thread on Tremor on 7 Feb (pinned to my profile), but I have a number of other investments too- as you will see. My background is in Corporate Finance and Investments and I currently work in a credit hedge fund as an analyst-trader/PM where I manage c$1B. My fund is not invested in Tremor as we are a credit-fund (not equity). In my previous life as a Corporate Financier, I used to advise exec teams of mid market firms on their funding model including raising money or let's say "exploring transactions, from time to time" in the capital markets. ? lol - maybe Sikh will think I'm dodge now. My adtech knowledge: Good spot Sikh re my knowledge about adtech. You could have just asked me on here how I know so much about adtech - answer is simple. My wife works in adtech and has done so for a while. She is also quite accomplished in her field, having worked at Walled Gardens as well as independent SSPs and other tech firms. My financial background and my wife's operational background has worked v v well in our personal investing careers. Finally - Sikh, as a fellow person of Indian origin, I would have expected better standards from you than attacking other's character and credibility on other forums. At least, have the decency to ask questions directly. Thanks - hope this clears up questions on my credibility for everyone.

1GW....it is good to see you are posting here again. It's always worthwhile reading what you have to say. One of a handful of posters that have my respect.

Cont…This could mean that Tremor will be perceived by investors as a foreign company and that it may be difficult to get adequate corporate governance. Next, Tremor's business model relies on cookies to gain insights into consumers. This is the same risk that's facing The Trade Desk and countless other digital advertising platforms. In 2022, digital advertising companies will have to find a way to navigate this uncertainty and grow their revenues with less tracking technology data. Fewer insights into consumer activity have the potential to reduce the precision of impressions, thereby reducing brands' ROI. Tremor and others may have to find new technologies to keep their businesses viable. The Bottom Line Tremor is growing at a rapid clip, is highly profitable, and cheaply valued. Once Tremor gets listed on the Nasdaq, which is likely to be in the coming weeks, it's likely to gain more visibility amongst investors and is likely to rerate higher than its 4x forward revenues multiple.

This post is courtesy of yield_fanatic, ADVFM 27/5/21. Yield’s background is in Capital Markets. His experience provides a welcome intellectual counter to the raison d’etre of our long-standing resident antagonist.

OK Sikh. For the last time:1. You are reading too much into 'exploring' and doc out within 6 days. If you know anything about the capital markets process, you'd know that the F-1 and other relevant submissions takes months to produce. I wouldn't stress too much on the wording used here to build a bear case as its common wording. Check with any capital markets lawyers and they'll tell you the same.2. CTV partners pulling out: in both instances, the 'pull out you mention has happened as a result of M&A, with the CTV provider looking to bring the resources in-house. This is a fairly common trend and we will see many more of these. Even Disney is looking to build its own SSP in house. Yes, data proviso will be impacted...and that will primarily impact the DMP side of the business- not the SSP or the DSP side, which are the major revenue generators for Tremor. But again, its not like there aren't any other data providers out there... data is good, but its also the ability to analyse the data - which Tremor excels in.3. Toscafund selling out: there can be many reasons for it. For a very long time, Tremor was one of the largest positions in the specific funds. With Tremor holding steady through the last few months and with share price actually rising, it would suggest that the % of NAV held in Tremor rose significantly over the last couple of months (note that 2nd largest position was Maxcyte which, after decline in March has held at around those levels). Also, Tremor has had relatively low levels of liquidity... if Toscafund were to just dump shares into the market, without a buyer ready to absorb those shares, we would have seen the share price tank. We haven't- in fact we saw that that Mithaq increased their ownership significantly as Toscafund reduced. Again, you are reading too much into this as well.4. Huge 'debt' provision: I assume you are referring to the bad debt provision that they took? In case you haven't noticed, we are coming out of a crisis and sometimes, businesses go bust. Recoverability of receivables could get impacted...and taking a provision on bad debt is called for by accounting standards in the interest of being prudent. If they do recover the majority vs assumed, the provision will just be released back into the Income Statement. No red flags here.5. Accelerating nasdaq listing due to lawsuit: If this were true, they would just have waited on the lawsuit (which they filed) until the dual listing was done. Why file for a lawsuit in the midst of the process if they were trying to get the issue done so people don't find out!? Finally, my bull thesis is based of solid financial performance and quite clear undervaluation vs peers on the other side of the pond. Share price perf over the last 12 months speaks for itsel

Courtesy eh9......From IR on the phone just now: "Alphonso is no longer a key data supplier as tremor launched their own ctv data propositions this month as you will have seen in the press releases and on its website. They wanted to bring it in house and own more of the value chain themselves. Also had Alphonso been significant financially to tremor's outlook a separate rns would have had to have been published on 18 May or before so you can take the fact that this did not occur as further reassurance."

Alphonso litigation. My guess, since Tremor have initiated the lawsuit, is that it is a consequence of LG's deal with Alphonso announced earlier this year and subsequent developments, which perhaps cut across what Tremor believe is commitments made by Alphonso to Tremor under their agreement. From TRMR interim results, Sept 2020: "A keen focus on data usages, creating audience targeting, including an exclusive agreement with Alphonso, one of the leading solutions in TV retargeting" From TRMR annual results, March 2021: "The Company's ongoing strategy relating to connected TV (CTV) and addressable TV retargeting continues to evolve, with clear value now attributed to Tremor's end-to-end platform further strengthened by the upcoming introduction of our enhanced suite of TV intelligence solutions which was accelerated by LG's acquisition of Alphonso and the winding down of Alphonso as an exclusive technology partner of Tremor." From today's 1Q results: "The lawsuit arises out of Alphonso's breach of a Strategic Partnership Agreement and an Advance Payment Obligation and Security Agreement ("Security Agreement") with Tremor, along with related misconduct." LG acquire controlling stake in Alphonso, January 2021: hTtps://www.businesswire.com/news/home/20210106005916/en/LG-Acquires-Controlling-Stake-in-TV-Data-and-Measurement-Firm-Alphonso Alphonso rebrands as LG Ads, March 2021: hTtps://www.adweek.com/convergent-tv/alphonso-rebrands-as-lg-ads-creates-connected-tv-media-and-measurement-platform/

King Canute couldn’t do it, but this Canute thinks he can. Both bulletin boards are being blasted today, in a frenetic storm of pre-prepared negative posts from our resident Canute. Take comfort from the warm feeling you are getting in the knowledge that he is hurting really bad and that there is more pain to come.

For me, this Canute is on filter, so I don't read any of his stuff and I scroll past anything he posts elsewhere.

It shouldn’t stretch anybody’s intellect to conclude that, short of a catastrophe, Tremor’s sp will likely double between now and the other side of the IPO and further multiples will follow as the company grows into the rest of this financial year and beyond.

Sorry to play the damp squib but this in only an in vitro study and to be honest, the RNS is really quite woolly. Best not to get too excited about this right now and wait for the real thing....the ongoing trials outcome.

As gdog has highlighted already....
CTV
CTV
CTV
CTV...etc.