Member Info for Radium1

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!

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

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.

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.

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.

Like the rest of us invested here, me in particular, Andy Brough is hopeful for a turnabout of Tremors fortunes before the end of this year. (2nd half of 2023 for me). The name change that’s coming beforehand is prep for what I think will lead to a value consolidation sale of the (new)company in 2024…. ”Hopefully, there won’t be too many phone calls”

jrlse, re your.... Have you taken a look at the chart since Nov 21?

Sure. I've been looking at Tremor's chart for well over a decade, thank you.

I'm not prepared to re-track over my previously posted stuff and the reasons why I think Tremor is where it is. Suffice to say, on the back of what I have already said, I'm confident Tremor will emerge a formidable player in this sector. Those posts are there for you to read, or ignore as you chose.

In response to your...." Every quarter, after the result announcement it has dived by 20 to 35% without exception"....
Yep. The last three revenue misses in particular have been very painful, but I'll quote a remark from schroedar, (advfm), as I'm rather in tune with his line of thinking....

"The current valuation is based on Armageddon. Yes it’s tough out there but not that bad. This will recover and the time to buy is when all retail investors have thrown the towel in". ....."When this pops, I’d remind people of our ride from 80p to 800p. This thing can go vertical when sentiment turns at which point there will be no stock to buy".

Ps, s4 results were reassuring too that the wheels haven’t fallen off advertising completely….. worth a read. Sorrell is usually a good barometer of where we are at https://www.thedrum.com/news/2023/03/29/sorrell-cautiously-optimistic-s4-revenues-recover-last-year-s-auditing-misstep

Cont...
Amobee (great tech enhancements for Tremor aside) was largely display (lower-funnel) and may, under the current circumstances, perform better than expected, even without pushing the cross-selling potential that Tremor has planned for those clients.

So indeed, slower growth for 2023 maybe, but the world of ad tech is not in Armageddon.

https://www.forbes.com/sites/bethkindig/2023/01/27/ad-budgets-set-to-slow-even-more-in-2023/?sh=3882cbd3554c#What%20to%20Expect%20For%20Ad%20Spend%20in%202023

Whereas the growth in ad spend worldwide is predicted to halve in 2023 compared to 2022, this forecast implies that there is still an overall growth prediction for 2023. China, where we have no interest, will likely impact the down trend in the ad spend growth figures more aversely than other countries. Note also, Forbes is predicting that within the overall ad spend mix …

Extract…"On a brighter note, the CTV market is expected to grow 14.4% in 2023 and will grow faster than the overall advertisement market. They forecast Linear TV spending to see a drop of (6.3%). Across the advertising channels, digital video, including CTV, is expected to have the highest share of 22.4%, up from 19.3% in 2022.
There are positive comments from other ad-tech companies on CTV. Hunain Khan, Director, Programmatic CTV supply at Xandr said, “2023 marks a new age of CTV, due to the increased amount of available premium inventory through AVOD platforms.”

Similarly, Hitesh Bhat, Director, CTV/OTT, EMEA at PubMatic said, “2023 will be an interesting year for CTV in Europe, but I’m avoiding “the year of CTV’ hyperbole. The ad-funded opportunity will grow significantly with the entrance of huge players such as Netflix, Disney+, Paramount+ and the combined HBO/Discovery+ offering. I think Netflix and Disney will be careful in terms of ad loads, so as not to annoy viewers who are still also subscribers.

The Dentsu ad spending report forecasts that global advertising spending in 2023 to increase by 3.8% YoY to $740.9 billion. It is lower than the 8% expected growth for 2022 and the 19.6% growth reported in 2021. The forecasts have been slashed from the July report, which projected a growth of 5.4% for 2023. Some of the reasons mentioned in the report for the slowdown include rising inflation, interest rates, recessions, and political uncertainty. The report suggests that if we exclude the media price inflation, ad spending is forecasted to drop (0.6%) in 2023.
The Americas region is expected to grow 3.7% YoY to $339.1 billion, the EMEA region to grow 3.8% YoY to $156.7 billion, and Asia Pacific is forecasted to grow 4% to $245.1 billion.

Digital ad spending is expected to grow 7.2% YoY to $422.8 billion. It is down from 13.7% expected growth in 2022. Digital ad spending accounted for 57.1% of all advertising spending in 2023. The share is expected to increase to 59.5% in 2025.
According to Insider Intelligence, digital ad spending is expected to grow 10.5% in 2023 from the expected 8.6% in 2022, both of these estimates reflect downward revisions of 2.6% and 7%, respectively.

Extract…“Google has an edge over its other ad-reliant competitors in an economic downturn, as advertisers facing budget cuts typically prioritize lower-funnel channels with higher ROI like search,”….Probably why Perion with its exclusive relationship with the Microsoft Bing search engine, is performing so well just now. .
Continued...

SP180. I'd like to add to the Dawg's welcome. I too remember your posts from the past. Always of a high standard and made good reading. I do hope you can find the time to contribute again. I think we would all benefit from that.

Well, if Mark Kleinman is correct in his narrative ...Tremor International, the London-listed advertising technology company whose directors include Rebekah Brooks, the boss of The Sun newspaper's publisher, has received a string of enquiries from prospective bidders.

Note…’a string of enquiries from prospective bidders’.

It would appears then that the winner will face quite a battle and I’d wager there’s no chance that this one will be taken out for a fiver.

The link...

https://news.sky.com/story/adtech-group-tremor-screens-interest-from-potential-bidders-12833617

iab 2023 Outlook Survey Ad Spend, Opportunities, and Strategies for Growth....

https://www.iab.com/wp-content/uploads/2022/11/IAB_2023_Outlook_Survey.pdf

gdog....living through the next few qtrs could be tough.

It’s pretty tough out there for adtech in general and in the prevailing climate it may take to the end of the year (2nd half/final Qtr, my guess)for ad spend to improve, but when it does, Tremor with Amobee fully integrated, Vidaa’s ACR data coffers full and filling and Tremor’s sales teams in full swing, I’m confident that Tremor will emerge as a formidable player in in the adtech space. Whereas the macro has impacted Tremor at a time when it is in the middle of integrating Amobee, Magnite warned, in its cc, that the whole sector has and still is feeling the impact. While expecting a rough one or two qtrs and many Armageddon predictions from the doomsters (they have their own agenda). This should work its way through with time.

Pubmatic posted the following financial outlook along with its 4Q22 earnings….

There is considerable uncertainty about the trajectory for digital ad spend this year due to the pronounced December weakness and persistent overhang of macro headwinds across the globe. Display, continues to see pressure. These trends and challenging conditions have led to a wide range of industry forecasts for 2023. It is also possible, as we saw in 2022, when ad spend declined alongside deteriorating macro trends, these forecasts may significantly change as the year progresses.

Our guidance assumes that digital ad spend in 2023 will grow in the low to mid-single digits, with continued softness in the first half of the year followed by tempered improvement in the second half of the year.

By the way, Amobee is mostly display as is Tremors D2C vertical (which was responsible for Tremor's 3reported weakness mid-year). During the Q and A Tremor said that, following the Amobee acquisition, training of the sales teams took longer than expected and therefor I doubt Amobee sales teams had time to get much done in the way of cross selling Amobee clients in 4Q and I think this is probably where Tremor's probs and softness lies. Time will see this through and as this year progresses, I personally, remain fully confident in Tremor.

At last...Tremor states no Material Exposure to Silicon Valley Bank.

HSBC swoops in to rescue UK arm of Silicon Valley Bank
https://www.bbc.co.uk/news/business-64937251

courtesy advfm...
https://circuit.news/2023/03/12/silicon-valley-banks-abrupt-collapse-sends-shockwaves-through-middle-east/

Israeli companies displayed in an animated crawl on SVB Israel office’s website include: Papaya Global, Mesh, Innovid, Verbit, GlassesUSA, WalkMe, Pyramid, 8Fig, Tremor International, Minute Media, SimilarWEb and Clarot. The bank has had a presence in Israel since early 2008, with a Tel Aviv office led by General Manager David Cohen. The entity, SVB Israel Advisors Ltd., employs more than a dozen staff working from its downtown office on Ha’Arba’a Street.

Source: Bloomberg The Bank of London has submitted an official proposal for the purchase of the UK subsidiary of Silicon Valley Bank...

https://watcher.guru/news/bank-of-london-officially-submits-bid-for-silicon-valley-bank-uk#:~:text=Source%3A%20Bloomberg%20The%20Bank%20of%20London%20has%20submitted,equity%20firms%2C%E2%80%9D%20headed%20by%20the%20Bank%20of%20London.