Member Info for stt1

Drawbridge sells media unit to Gimbal, exits adtech space https://www.mobilemarketer.com/news/drawbridge-sells-media-unit-to-gimbal-exits-adtech-space/523139/ Drawbridge was one of 1R's partners... "Added 29 programmatic demand side partners, including marquee platforms such as AppNexus, Drawbridge and Opera Mediaworks;" https://investor.rhythmone.com/assets/pdf/RTHM_FY2017_ResultsRelease_15May2017.pdf

Shares on Loan - avg Apr... Apr avg 2.76m or 3.79%, slightly lower than Mar 2.93m or 4.1% but hasn't fallen away like it did after the Perk acquisition... Mar 2.93m 4.1% Apr 2.76m 3.79% https://www.euroclear.com/en.html

comments on industry changes - fees, gdpr Rubicon Project tops Q1 expectations despite low cost model declines "In November 2017, Rubicon Project announced that it is to drop its buy-side fees as part of its ongoing transparency drive with the impact of this move demonstrated in its previous quarterly results when revenue dropped 57%. Since then, Rubicon Project has gone about a cost rationalization process including a host of layoffs, with the company�s leadership sounding upbeat on surviving the ongoing round of supply-path optimization which many believe will result in a cull of adtech companies." "Speaking to the company�s anticipated revenue prospects, Barrett echoed sentiments earlier expressed by fellow adtech Criteo and spoke of an anticipated near-term reduction in EMEA revenue and ad spend as publishers adjust to the General Data Protection Regulations (GDPR) in the EU." http://www.thedrum.com/news/2018/05/04/rubicon-project-tops-q1-expectations-despite-low-cost-model-declines

More on NHS & Integrated Care Systems (ICS) https://www.kingsfund.org.uk/publications/making-sense-integrated-care-systems

Criteo eyes modest Q2 revenue gains as publishers transition to a post-GDPR world "Criteo, arguably the most successful adtech company to have listed on the public markets, expects Q2 revenue to remain flat or dip 1% as the media industry acclimatizes to the upcoming General Data Protection Regulations (GDPR)." "However, he further spoke of an anticipated friction in the upcoming quarter from sell-side parties, including publishers, that may not be as confident in their preparations for GDPR compliance. Answering questions about how the upcoming regulation impacted its guidance statement, Fouilland observed that many advertisers were still adapting to GDPR, but the company has not seen a �strong reaction� from many at this point. However, when it comes to publishers, Criteo is a little more cautious when it comes to how media owners will react." http://www.thedrum.com/news/2018/05/03/criteo-eyes-modest-q2-revenue-gains-publishers-transition-post-gdpr-world

http://www.bbc.co.uk/news/health-43813917

Tones and anybody else... Integrated Care and NHS... Read NHS doc on plans on integrated care and listen to Wendy, CEO, interview on where TLY are with integrated care... Integrated care systems (ICSs) https://www.england.nhs.uk/systemchange/integrated-care-systems/ Wendy, CEO's interview: http://www.proactiveinvestors.co.uk/companies/stocktube/8335/totally-plc-keen-to-extend-footprint-in-growing-urgent-care-market-8335.html http://www.proactiveinvestors.co.uk/companies/news/187023/totally-sees-a-win-for-shareholders-nhs-and-patients-from-vocare-acquisition-187023.html

GDPR event - Mon 1st May - London Publishers say they�ll use GDPR to shed ad tech vendors https://digiday.com/uk/publishers-say-theyll-use-gdpr-shed-ad-tech-vendors/

"If ad tech has learned anything over the past year, it�s that agencies and brands must be able to understand what happens to their dollars once they are inserted into the programmatic machine, so there is a clear understanding of vendor fees and ad spend. " https://www.martechadvisor.com/articles/ads/streamlining-the-supply-chain-will-unlock-the-promise-of-the-open-web/ Their court case with DataXu was over fees... https://adexchanger.com/online-advertising/rhythmone-dataxu-tussel-unpaid-bills-hidden-fees/ https://www.pacermonitor.com/public/case/22028832/RhythmOne_LLC_v_DataXu,_Inc

Seems like 1R also comment on similar industry changes/challenges that have been mentioned by me before.... fee transparency, fewer partners, ads.txt, GDPR.... ;-) The need for fees transparency comments are interesting... Must be ok now that 1R have mentioned them... Streamlining the Supply Chain Will Unlock the Promise of the Open Web "The digital advertising value chain is highly fragmented." "It�s only logical that agencies want to work with as few providers as possible..." "But one-stop shopping is not without drawbacks and may give walled gardens too much control. They lack transparency � with data and fees" "If ad tech has learned anything over the past year, it�s that agencies and brands must be able to understand what happens to their dollars once they are inserted into the programmatic machine, so there is a clear understanding of vendor fees and ad spend. " https://www.martechadvisor.com/articles/ads/streamlining-the-supply-chain-will-unlock-the-promise-of-the-open-web/

I posted industry news posted... The sp rises... funny that... I'd say it's trading ahead of the results...

Transparency in advertising is simple � just ask for it https://adexchanger.com/data-driven-thinking/programmatic-a-series-of-cascading-interconnected-contracts/

feel free to add to these... The Trade Desk: Apart from 1R/Yume, The Trade Desk has around 60 other inventory partners.. https://www.thetradedesk.com/partners Ads.txt ranking: 21st/30 https://adstxt.firstimpression.io/ SoL: Shares On Loan: since July, just before Yume acquisition was announced. Nov 3.68m Dec 3.17m Jan 2018 3.3m Feb 3.49m Mar 2.93m https://www.euroclear.com/en.html https://www.quantcast.com/p-59TntzuqummDw Pixalate - Dec 2017 Global US - 4th Global Internation - 2nd Mobile in-app - 19th http://www.pixalate.com/sellertrustindex/global/#!global Pixalate ads.txt ranking: C http://www.pixalate.com/sellerinfo/?seller=RhythmOne&i=MjY5NQ%3D%3D "RhythmOne Earns #1 Ranking on Pixalate£s US and International Global Seller Trust Index for All 2017" https://www.businesswire.com/news/home/20180411005180/en/

Brassneck, "your view of the next 2-3 year numbers and why therefore the share is not worth an investment at these levels. If not then just keep off the bulletin boards until you can work out an investment hypothesis." so ANYONE who wishes to express an opinion on this thread MUST come up with replies to the above FIRST... Let's see if they do...

brassneck, " I've put various posts on here previously with my views on R1 and it's financials" Yes, so have I... I've also posted industry changes like GDPR, ads.txt, move to fee transparency and 1R's court case and closing of supportfreecontent... But I suppose none of those are relevant until 1R mention them... Didn't I say months ago, when the sp was much higher that imo, they were worth 1/2 revenue? what's the current mcap compared to revenue.... funny that.. Why do the industry change articles bother you.... I don't say they will have a negative impact on 1R....if you think they are opportunities for 1R then please feel free to comment... If you wish not to comment then no problem.. Everyone has a right to their own opinion... it's their money..

1gw, "At first he refused to correct it" so no proof that I refused, just your baseless assumptions.. and no apology... Nothing to say about loaf's post, about 'double the figures he has ' I see... or would you prefer to skip over that clear evidence of your hypocricy... why's that?

and whilst on the subject of rthm vs tly behaviour... Note 1gw's reaction to TLY and RTHM cash.... 1R has gone from being cash rich, $126m 4 yrs ago to setting up a loan facility.... fy2014 $126.9m fy2015 $95.7m fy2016 $78.4m fy2017 $75m Note 1gw's reaction to the loan facility - CONFIDENCE FUTURE cash flow is relatively SECURE.. 1gw25 Apr '18 - 21:09 - 7196 of 7245Moderate | Ban 0.00000069 12 2 I think you'll find most companies, once they are confident of generating decent operating cashflow will turn to optimisation of the capital structure. This usually means raising debt finance (since it is cheaper than equity finance) with the aim of staying broadly within what the CFO regards as a prudent gearing ratio. This debt can be used to acquire other companies, to finance capital projects or to finance buybacks. Think Arris, a company you should know well, STT: Arris generates great operating cashflow, is acquisitive and returns cash to shareholders via buybacks; it also has significant borrowings. You could regard the putting in place of revolving credit facilities as a sign of maturity as a business and of confidence on the part of both company and lender that future cashflow is relatively secure.

1gw, "At first he refused to correct the RTHM one" Can you please point me to the post where I refused to correct it? and apologise for lying... As to the F4 'calendar year' comment.. I didn't know it was for calendar year until you pointed it out... Once you did, I checked your posts for when you 'asked any others' and corrected it... The post where you discussed it with LoafofBread.. (Biffa on here)... Not your 2 double standards in your reaction... 28th Jan - #12029 "Your statement in post 12022: "The point is they were giving the YUME BOD much more bullish forecasts then they were giving their own share holders and analysts. Those numbers are almost double the numbers I have." What's your basis for saying that? I've been back and had a look at some of the brokers' numbers I've seen (Revenue and adjusted EBITDA) and they seem to me to be more or less bang in line for R1 Financial Year 2019 and 2020. The numbers in the filing are for calendar year. So the "2018E" and "2019E" numbers in the filing should broadly be compared with the "FY2019" and "FY2020" numbers from the brokers (the numbers the brokers produced after the RadiumOne acquisition announcement and before the YuMe announcement)." YET his post STILL hasn't been amended and you didn't accuse him of misleading... Why's that? Is he a good mate of yours? Are you a hypocrite?

Brassneck, As I previously suggested... Can you please post the Bull case?

Brassneck, "It would be much more interesting if you devoted your time to a clear well argued counter factual to the bull stance"... Agree, it would much more interesting if posters would stick to the subject rather than posting personal insults or goading posts to disrupting the thread... Can you please post the bull case?