Member Info for stt1

So they announced that they completed the re-structuring just over a year ago... Yet they are closing more operations, this time calling them 'low margin'...
How many more operations will they close in the future...
More "exceptional costs"...


""The fundamental re-structuring of our business that we set in motion over two years ago is now complete. We are delighted to report the achievement of our objectives for the year, marking a dramatic shift in the revenue, product and cost profile of the Company. "

"Concurrently, the Company fully exited Non-Core product lines that no longer are considered strategic to future growth. Importantly, the measured approach RhythmOne has taken to managing a reduction in the Non-Core cost basis ensures a neutral to net positive impact on expected future growth and profitability(5) ."

https://uk.advfn.com/stock-market/london/rhythmone-RTHM/share-news/RhythmOne-PLC-Final-Results/74584803

"Lombard increasing is very bullish. "

Weren't Tosca increasing a lot previously.. Wasn't it mentioned as a bullish signal then? It didn't make much difference then...

Vols are low...

Why ring A&E?.. Promote and expand the NHS 111 and use the Integrated Care System...Direct all patients via NHS 111... they will triage the patients... The Model is ALREADY THERE...

"But A&E staff say it is unclear who would triage – assess – patients who ring."

https://www.theguardian.com/society/2018/sep/20/ae-appointments-system-proposes-in-nhs-targets-shakeup

1gw/brassneck,

When rthm close their 'low margin' operations, how much will result the 'exceptional costs' be?

They had a kitchen sinking only a couple years ago, didn't they? again now?

there absolutely nothing in 1gw's post about what 1R does, how they fit in with the industry.. how the industry is changing... how industry changes/challenges might affect 1R...

Just a load of figures and forecasts, which 1R have a history of missing...

So what's the bull case?
That the forecasts look good????

JAM TOMORROW THEN...

There's nothing wrong if posters don't fully understand the business and how industry changes/challenges might affect them or be to their advantage..
No shame in that, that's why it's good to have a bulletin board with posters who have different strengths so that we can all learn in areas where we are weak.

Instadeth,

"Hasn't the Broker Recommendation been at that wildly optimistic price for some time now? "

Yes.. a long time...
Brokers targets trended up last year but the sp has trended down...

Seems more like an "inverse correlation"..

Maybe next year then...

http://linksharedeal.moneyam.com/broker-views/RTHM/RhythmOne.html

Graham,
So you're saying this is for GP contracts?

anyone any views on this:

Exclusive: Regulators consider 'blended' approach for NHS contracts

https://www.hsj.co.uk/finance-and-efficiency/exclusive-regulators-consider-blended-approach-for-nhs-contracts/7023381.article

Rubicon Project Reports Second Quarter 2018 Results

""“We are pleased to demonstrate accelerating ad spend growth this quarter, which we believe is directly correlated to the strategic actions and investments made in our platform over the past year. ""

https://southgateobserver.com/rubicon-project-reports-second-quarter-2018-results/13765/

Top 30 advertising systems used in ads.txt

Rubicon 3rd/30th
rthm 21st/30th

https://adstxt.firstimpression.io/

Mobile Apps Are Stalling On The Way To GDPR Compliance

https://adexchanger.com/privacy/mobile-apps-are-stalling-on-the-way-to-gdpr-compliance/

"The SP performance around the last TU was quite spectacular. "

Not really..

Same every time, the sp rises in anticipation of good results and falls back after..

Pre TU rose in anticipation of good TU..

19th Apr TU - Open 182p...close 208p..12.5%

14th June - results - Open 230p, closed DOWN on the day at 212p - down 7% - they announced their disappointing results.. and sp crashed back down...

By beginning of July, the sp was back down to 170p, BELOW the TU opening sp..

So was ok for traders (cue 1gw)...

Therefore, as has been stated.. the sp rises in anticipation of good results but they fail to deliver and the sp crashes back down.

I sold out 29th May...

I think the crucial difference this time is that this is the 1st TU, with a FULL half period, with the new management in charge....
The April TU, the new management stated that fy 2019 was fully in line with expectations YET we still had the huge revenue expectation downgrade. and then they are to close low margin operations, which might show as part of the forthcoming TU/results.. How much revenue/cash did they lose by closing these low margin operations? We won't know until the results...
Therefore, currently lack of clarity...

Historical prices:

https://finance.yahoo.com/quote/RTHM.L/history/

adri,

Surely any views on 'shorters' also works the other way, ie traders/longs trying to persuade people to buy in so that they can trade..

There's nothing stopping anyone posting bull or bear posts, is there?

I think the target of any genuine long term investor's frustration should be the company and not any posters presenting any contrarian view?
It seems that the bull case here is SIMPLY that THE PERSON presenting a contrarian view, industry changes/challenges must be discredited.

If the genuine long term investor is comfortable with their rthm investment then load up, sit back and wait for the sp to take care of itself.

Unless the long term investor isn't really comfortable

What is the bull case here?

Vols are still low.

The lock in period for Yume investors was 6 months - so expired about a month ago..Yume investors should be able to sell. But no sustained selling...

Maybe Yume investors are waiting for clarification of how the business is doing...perhaps waiting for TU/Results...

It would help the sp if Tosca invested some that money on 1R....

I suspect they'll probably wait until TU/Results before doing so.

Worldwide Ad Tech Market Still Highly Fragmented Despite Intense M&A Activity, Continuing Strong Growth Spells Opportunity, According to IDC

"In spite of ongoing intense mergers and acquisitions activity, the advertising software market is still highly fragmented. According to a new market share report from International Data Corporation (IDC), the top 15 vendors represented less than 40% of the overall market in 2017 with a MULTITUDE of small, specialized vendors with LIMITED revenue making up the rest."

"Criteo was the top vendor in 2017 with a 7.4% share of revenues, followed by Google with 6.5% share. A little farther behind is MediaMath, with a 3.9% share, followed by Adobe (3.0%), AppNexus (2.9%), AdRoll (2.4%), and The Trade Desk (2.0%), after which begins the LONG TAIL."

https://www.businesswire.com/news/home/20180918005121/en/Worldwide-Ad-Tech-Market-Highly-Fragmented-Intense

Key Takeways from DMEXCO 2018

With more than 500 speakers and twice as many exhibitors, this year’s DMEXCO was a feast of digital marketing insight.

https://performancein.com/news/2018/09/18/key-takeways-dmexco-2018/

"Had a couple of large investors leave and possibly Lombard selling the rest at the moment. "

Lombard Odier, ex Henderson fund, and Miton also sold holdings in other shares, so I don't think it's anything TLY related.

Tackling ad fraud: 5 questions advertisers and brands should start asking

https://www.clickz.com/tackling-ad-fraud-5-questions-advertisers-and-brands-should-start-asking/216834/

1gw,

"We like talking about what the company is doing, how it is performing and where it might go."

Yes, so do I, don't I?. When I post industry changes/challenges articles - that is showing what the industry is doing, how the industry is performing and where it might go, don't they?. These can have an affect on rthm. In fact, I think I've mentioned lots of industry changes long before rthm have made any comments on them.

My posts are there for discussion as well. Ignore them (and me) if you wish, that's your choice but no need for snidy or abusive remarks, is there? It's a public discussion board.

I sold some after fy2017, at around 500p (consolidation price) BECAUSE of MY concerns about those industry changes/challenges and where I thought rthm might go. So far, rthm has done, as I expected.

It's my opinion, my money.

As I've said many times:.
Rthm have a history of making bullish comments but fail to back them up when it comes to results. In Apr TU, they said outlook was in line yet still the revenue forecasts were drastically reduced weren't they?

I think Rthm is still a 'show me the money', so I think best wait until after the TU/results before considering whether to buy in.

It's a really dangerous position for any investor to get themselves into 1gw - believing their own narrative in the face of multiple pieces of evidence to the contrary.

"So (IMO) it is a complete nonsense to say the risk has gone up because the cash has gone down."

I never said the risk has gone up because the cash has gone down. This is what I posted at 10.01 today...
"My point was it makes them higher risk compared to being cash rich...ie when they had $75m cash, just 18months ago... "

The risk is higher if a business has debt COMPARED to being cash rich, ie when they had $75m cash.

COMPARED to being cash rich not BECAUSE cash has gone down.
2 completely different meanings..