Member Info for stt1

Brassneck, "Of course, whilst you didn't say it like that you managed to get the same general view in of: the IIs are making money, R1 fail on acquiistions, advisors are the winners, not sure R1 growing sufficiently." I stand by those... Everyone can see 1R has failed on acquisitions/initiatives, Advisors are the winners, regardless of the outcome of any M&A.. IIs do make money - in the interests of their clients, not PIs... Results show lack of core growth...and that's with economic growth.... so how are their recent integrations, Perk and Rad1, performing? BUT those comments don't imply the 1R/Yume deal is doomed, do they?

Rusty, "If I had an investment that was doing badly I would want to see as much positivity as I could too hopefully see an improvement in share price. " Completely agree - spot on... Probably some on here did hold from 23500p (pre-cons) and that's why some posters want to control what's posted and by whom...after all the sp is currently down around 90%.. I think it's better to post all bull and bear points on 1R and the ad tech industry, discuss them and let others decide what to do with their money...

rusty "Imust admit I cant remember those posts from "you know who" but its interesting that someone who did profess to buying all the way down" Maybe the reason you don't remember the posts is because it's not true... I've never professed to buying all the way down from �2+. I became wary about Blnx/1R and the industry after their 2 rns, within weeks of each other...one claiming they were well positioned for industry changes then only few weeks later the 2014 profit warning, followed by completely changing their model and closing acquisitions/initiatives.... That was odd for a company claiming to be 'well positioned' to adapt to industry changes, wasn't it? Since then there's been lots of bullish comments but they haven't backed them up with solid financials when it came to results... They had $126m fy 2014 and now, after 4yrs down to around $39m as of H1 2018.... I never invest money I can't afford to lose... 6th May 2014: "Through our multi-faceted business model, strategic acquisitions, patented technology, expert leadership and talented employee base, we feel we are well positioned to adapt to any shifts in the industry and convert them into opportunities for further success." http://marketing.corporate.rhythmone.com/docs/blinkx_Results_5.6.14.pdf Then on 2nd July, just few weeks later, profit warning... "We attribute this performance to industry-wide issues of efficiency and effectiveness, which, in our case was compounded by the lingering effects of the disparaging blog about the Company. " https://investor.rhythmone.com/newsroom/2014/07/02/blinkx-plc-trading-update-2141

smith, 1R are in the process of acquiring Yume... The Exchange Offer closes tonight, although it could be extended... There has been arb trading... https://investor.rhythmone.com/newsroom/2018/01/05/rhythmone-plc-commences-exchange-offer-to-acquire-yume-inc https://finance.yahoo.com/quote/YUME/

DrShaggy, the vols are currently low and small share trades... Yume's sp remained stable after UK close, unlike other days.... so wouldn't be surprised if it's arb correction... US markets open in couple hours, let's see how Yume trades today... https://finance.yahoo.com/quote/YUME/

Brassneck, in the 30yrs I've been investing, I've seen many M&A... some get extended, some terms change... The real winners are always the advisors... and the IIs loaning the shares have made a nice sum here... 1R expect to complete this qtr (which may run into Apr.).. As to the Yume deal itself, it's obvious the IIs, hedgies, want this deal... there's a lot of cash to be had and I'm not convinced 1R are growing sufficiently by themselves... 1R have a history of acquisitions/initiatives failing... Btw, I don't recall saying that the tender is doomed and will fall apart.. could you please point me to the post where I have???

Brass, thanks for input... My post, titled 'Forecasts' was trying to see what challenges/changes/opportunities have come about since the forecasts, made last Aug to see how any recent challenges/opportunities could affect 1R and the industry.... I hadn't included the old challenges/opportunities like P&G reducing spend, continued shift to digital, continued M&A etc as these were around pre-forecasts.... However, I agree with you that no harm in including those in any discussions on challenges/changes/opportunities, so thanks for those... You say I 'detailed the negatives'. I only mentioned ads.txt, fee transparency, gdpr, apple/google changes in my post, - I didn't say they are challenges or opportunities... Are you saying those will have a negative impact on 1R? "Emergence of Connected TV" - CTV has been around for years, it's not emerging... In fact, 1R mentioned it 4 yrs but didn't 'seize the opportunity' when CTV was emerging and they had over $120m cash: "Our goal is to extend the success we have demonstrated on the desktop platform to smartphones, tablets and connected TV, and expand into international markets. " http://marketing.corporate.rhythmone.com/docs/BLX-2014AnnualReport_final_web.pdf

The forecasts were from Aug... However, recently there have been industry challenges/changes/opportunities... How will these affect 1R, regardless of whether Yume deal goes ahead or not... ADS.TXT: How will the recent adoption of ads.txt... Adoption surged ahead in Sept/Oct after Google started pushing the initiative? Will those lagging behind suffer? Will those adopting ads.txt across the board do better than those who haven't? FEE TRANSPARENCY: How will the industry move to fee transparency affect the business? How much is 1R dependant on fees? Some Industry players are scrapping fees and some making them transparent. Apple's Cookie/Google Ad blocker changes: How will Apple's Safari/Google's adblocker changes affect players within industry? GDPR: How will GDPR affect them? anyone think of any others?

According to the document, The projections are from Aug. They should not be relied upon.... "The RhythmOne Projections were provided to YuMe on August 28, 2017, in preparation for their analysis and evaluation of RhythmOne and its businesses, and were prepared approximately five (5) months ago. The RhythmOne Projections should not be relied upon due to their age and the unpredictability and uncertainty of their underlying assumptions and estimates" http://d18rn0p25nwr6d.cloudfront.net/CIK-0001415624/9fe9d04e-b171-44f2-9cad-ce18389aa4e7.pdf

good find Graham... The thing confusing me is the date of conclusion... Date of conclusion of the contract: 19/04/2017

Either way, more time and money will be needed...

No agreement from Mediation.... Pacermonitor has been updated... "Boal reports that this case did not settle. This case should be restored to your trial list." https://www.pacermonitor.com/public/case/22028832/RhythmOne_LLC_v_DataXu,_Inc

1gw, I appreciated that the reason for your original comments on Risks was to show that it may have been expected... your comment: "As such, it should have been built into R1's plans for completion of the merger - just one of the many practical costs of doing an M&A transaction." However, since your comment, which was regarding a class action being expected, we now have a "Case Management Conference" date, 13th April, which is after the initial expected completion date of end of this Qtr.. My question was whether the court can affect or stop the offer's end date of 1st Feb... and I don't think anyone really knows... Have there been any other cases where an offer went through despite these 'common' Class Actions? I suppose we'll know soon enough...

Pensioner, Thanks... The company themselves said, as mentioned in my previous post that "even if the lawsuits are without merit, defending against these claims can result in substantial costs and divert management time and resources" According to Pacermonitor, public information: Case Management Statement due by 6th April and Case Management Conference set for 13th April at 11am.... https://www.pacermonitor.com/public/case/23433946/McCrary_v_YUME,_Inc_et_al How is this likely to affect the current Offer, which ends 1st Feb... Can the Court Case delay the acquisition?

Thanks to 1gw for pointing out this risk mentioned in F4... According to F4, pg 41 extracted from the risks: "Even if the lawsuits are without merit, defending against these claims can result in substantial costs and divert management time and resources." Risk Factors, pg41 "RhythmOne and YuMe may be targets of securities class action and derivative lawsuits which could result in substantial costs and may delay or prevent the Transactions from being completed." "Securities class action lawsuits and derivative lawsuits are often brought against companies that have entered into merger agreements. Even if the lawsuits are without merit, defending against these claims can result in substantial costs and divert management time and resources. An adverse judgment could result in monetary damages, which could have a negative impact on RhythmOne�s liquidity and financial condition. Additionally, if a plaintiff is successful in obtaining an injunction prohibiting consummation of the Transactions, then that injunction may delay or prevent the Transactions from being completed. Currently, neither RhythmOne nor YuMe is aware of any securities class action lawsuits or derivative lawsuits being filed in connection with the Transactions." https://www.sec.gov/Archives/edgar/data/1713721/000119312517377843/d399085df4.htm#toc399085_14

11223344, "Must be getting told to buy.....to help out ! with continuing struggle to keep share price up"... If that was the case, wouldn't you expect to see buying from LOTS of staff and in higher quantities??

Bmac, Do you believe Tosca have been buying because they are concerned about PIs or possibly buying to make money for their clients? Neither you nor I know the EXACT sp they bought at hence why I said around 300p (30p pre cons)... going by both your and mine calc, the avg could be around low 300s (low 30s pre cons).. The Shares On Loan - I said I WOULDN'T be SURPRISED if it was Tosca... Can you produce any evidence that it wasn't? It's a discussion board where sensible posters discuss points and contrarian views... Your comments and purpose here are sooooo obvious... anyway, any views on the 1R/DataXu legal action or should that be ignored as well... ;-)

It's not surprising Tosca bought Yume shares... According to my calcs Tosca's avg price for 1R was around 300p (30p pre-cons)... The shares on Loan increased a lot since Aug and it wouldn't be a surprise if Tosca were Loaning out shares and made a handsome fee out of it - for their clients... By buying Yume, they would receive cash from 1R, if the deal goes through...also with them holding 7% it makes the deal more likely to go through... So Tosca receive cash from 1R, if deal goes ahead, fees from loaning out shares and the current sp is around their avg purchasing price... they're already looking quids in... Whereas the PIs are currently left with shares worth < 300p (30p pre cons) and potentially in a debt situation... As to the Yume price action over the past week, I think it's probably a mix of the Case being filed, arb and Tosca's declaration...

Look at Yume's 5Day chart .. The class action was filed Sun... On Mon Yume sp fell sharply from 4.76 to 4.59... I think the article was published yesterday... Yume sp fell yesterday from 4.87 to 4.43 https://finance.yahoo.com/quote/YUME?p=YUME so, yes I believe the Yume sp falls were as a result of the class action being filed and then the news article being published...

Brassneck, The OFFCIAL FILING: California Northern District Court Case #: 5:18-cv-00130 https://www.pacermonitor.com/public/case/23425510/McCrary_v_YUME,_Inc_et_al Monteverdi article - SAME CASE Number and COURT filed a class action lawsuit in the United States District Court for The Northern District of California, case no. 5:18-cv-00130 https://finance.yahoo.com/news/monteverde-associates-pc-files-class-203000717.html