Member Info for stt1

According to Wiki, Ofer Drucker was under shareholder pressure from a hedge fund in Matomy, a company he co-founded.

"Matomy was led by Ofer Druker from its inception until April 2017, at which point he stepped down at the request of activist hedge fund Brosh Capital,[5] who thought that the company was being mismanaged."

https://en.wikipedia.org/wiki/Matomy_Media

Ofer was in charge of negotiations when rthm/Tap (now trmr) NDA was signed in Aug 2018, wasn't he? The merger finally completed in April 2019, some 8 months later with rthm at eq sp around 170p. This was below the brokers tp of 700p+++

Radium,
As you very well know, the same media reporter published the M&A re Rthm(now trmr). Firstly with Yume and then Taptica to form Trmr. In both cases there WASN'T a bidding war despite claims there would be.

Rthm & Yume:
In 2017 just a few months before (Apr/May 2017) the rthm(now trmr) takeover of Yume the eq sp was around 590p. Despite Sky publishing rumours of the takeover in Aug 2017 and rthm confirming it, the sp still fell.
https://news.sky.com/story/adtech-company-rhythmone-nears-185m-deal-with-us-rival-yume-11013640

Rthm & Tap:
In 2019 Sky also reported the Rthm(now trmr) and TAP (now trmr) merger. Despite the fact brokers had tp of eq sp 700p+++ the merger sp for rthm was at around 170p - lower than the Yume takeover just 18months earlier!!

https://news.sky.com/story/adtech-company-rhythmone-nears-185m-deal-with-us-rival-yume-11013640

Best to trade and not get caught out again.

qwerty,
"Amazing and how much has did the ipo cost."

It was expected. I've mentioned the red flags and events here several times.

The sp has a history of rising on bullish comments and falling on events.
In 2016-17 Rthm's eq sp rose on bullish comments and fell on events. The Yume takeover was in Sept 2017, yet the sp kept falling to around 100p. The rthm/trmr merger was when rthm eq sp was around 170p. Brokers had tp of around eq sp 720p.

The events here have been as expected.

As I've mentioned best to trade and not get caught out again!!!

Bald_eagle
"Something in the results has spooked the market - I don't know what!! "

I follow the company/sector newsflow and form my opinion based on them.
I provide links to back up my opinion.

My posts are there for all to see.

You can't see when/why the sp fell!!
Everyone is entitled to an opinion and BBs exist to discuss bear and bull points.

All readers should read the company/sector newsflow and form your own opinion. It's your money.

I think it's best to trade for the reasons I've previously stated.

Despite the investor presentation.
Trmr closed in US $16.02 580p

Pubmatic up 1.8%
Magnite down 2.6%
Perion down 3.9%

Trmr:
Q1 26/05 822p
Q2 19/08 778p
Q3 792p US $20.01
current: US $16.02 580p
high 26/05 870.65p

Pubmatic:
Q1 11/08 $39.67
Q2 13/05 $32.78
current: $38.31
high: 01/03 $76.96

Magnite:
Q1 10/05 $33.47
Q2 09/08 $34.26
current: $21.08
High: 09/02 $64.39

Perion:
Q1 04/05 $17.67
Q2 03/08 $19.81
current: $25.92

They are still in the vicious circle with the US following the UK following the US and dependent on US ad tech hype .

Current US sp is around $16.02 or 580p UK price.
There has been disappointing reaction ever since the IPO, as expected.

The rampers on here don't like anyone who trades or top-slices but if the sp crashes they will the 1st to say, in hindsight, that they are still in profit. Even though the rthm(now trmr) has crashed all the way down from eq around £28 based on events!!!

My trade at 844p shows that it's nice to have an investment decision proven conclusively right by events.

Best to trade and not get caught out.

SNN,
"Something has really spooked holders to get out. "

The sp started to crash in the US after the investor presentation last week.
I think the failure to mention the Alphonso court case in the Q3 TU was a red flag.

The events here were as expected.

I treat Brokers targets with a huge pinch of salt.
In 2016-17 their targets on rthm(now trmr) were eq sp over 700p with the sp being around 590p . The current sp is around where rthm(now trmr) was 4 yrs ago!!

I sold at that time at around 590p citing industry challenges, whilst others were still bullish and loading up. The sp did fall to around 100p. Trmr, after merging with rthm in 2019, issued a profit warning citing industry challenges, which I was warning about.

The sp has a history of rising on bullish comments and falling on events.

The sp is still significantly lower than the 870p intra day high reached pre-IPO.
My 844p trade is still months ago is still looking great.

The events here have been as I expected and posted.

Best to trade and not get caught out AGAIN.

122wesbury,
"Was stt1 correct about share price?"

No... of course he wasn't...

The fact stt1 said the sp has a history of rising and falling on events and the sp is below his 844p trade was pure coincidence.

The fact stt1 said the eq sp rose to around £28 in 2013-14 and crashed based on events and then in 2016-17 rose to eq sp around 590p and fell to 100p based on events is pure coincidence.

The fact stt1 he repeatedly warned about the Alphonso court case and the court documents state 'substantial loss' was pure coincidence.

The fact stt1 said the impact of Alphonso won't be known until Q3 and beyond and the outcome isn't know yet is pure coincidence.

The fact the company has a history of placings and court cases and they had a placing and filed a court case is pure coincidence.

I could go on..
It was all pure coincidence... honest rampers, eh!!

Yes, 122wesbury, stt1 was wrong. Please don't mention his name on here, this BB is for the rampers gang only.

My posting history.. look at 2017 when I was posting on rthm(now trmr) or in 2019 when I was posting on TAP(now trmr).
https://www.lse.co.uk/profiles/stt1/

I stated my trade at 844p is still looking good timing.

Best to trade and not get caught out.

Allenby, company broker notes:

Significant increase in H1 EBITDA, cash and dividend

http://www.allenbycapital.com/research/research-TOT.html

Radium
"Also, worth adding here that if they don’t then their own share pile won’t be worth a lot either."

They've already taken millions, so I doubt they care if their remaining isn't worth as much.
This is an ongoing problem - remember rthm(now trmr) where Brian Mukerjee, the CEO was awarded millions of options. It's nothing new.

The events here have been exactly as predicted - read my posting history on these or rthm/tap (now trmr).
https://www.lse.co.uk/profiles/stt1/

The sp has a long history of rising on bullish comments and falling BASED ON EVENTS.
In 2013-14 rthm/blnx(now trmr) sp rose on bullish comments to eq sp around £28 before crashing to around 400p BASED ON EVENTS.
In 2016-17 rthm(now trmr) sp rose on bullish comments to around 590p before falling to 100p (as predicted) BASED ON EVENTS.

Now Q3 results published.
It's back to NEXT time, Q4/fy Rodney!!!

closed US $18.21 approx 660p UK.

Q3 results published by US peers. They rose, trmr fell, disappointting reaction. What's next?

These were supposed to surge when:

1) they IPO'ed. didn't happen. disappointing reaction.
2) Stifel and all those brokers notes are published. didn't happen. disappointing reaction.
3) Full allocation of options. disappointing reaction
4) quiet period finishes. didn't happen. disappointing reaction.
5) US Peers published Q2 results, showing significantly ahead. disappointing reaction.
6) AGM, disappoint reaction.
7) US Peers publishing Q3 results. Disappoint reaction.
8) Trmr publish Q3 results. Disappointing reaction.

The sp is still below the intra-day pre-IPO 870p high reached pre-IPO.
Check the sp history yourself.

Now what?? Maybe ramp these ahead of Q4/fy.. if that doesn't work then go for Q1 fy2022 etc etc whilst the gang sell down...
;-)

Back to vicious circle, US following UK following US, up or down, watching paint dry until next news...

My 844p trade from months ago where I cited my reasons for the trade, ie BASED ON EVENTS, still looking good.

Best to trade and not get caught out again.

They had no problem rns the Uber court case, only a couple of years ago. That too was immaterial and trmr(as TAP) said they would aggressively defend against it. However, they went onto pay $1.7m to settle out of court.

The company issued a rns for the Uber court case, didn't they? They claimed it was immaterial and that they would aggressively defend it, yet still paid out?

"The revenue associated with the Uber Campaign directly relating to the Company does not represent a material portion of Taptica's revenue."

"The Company reiterates that it considers the claims to be without merit and, as such, Taptica Ltd. and Taptica, Inc. will aggressively defend against these claims."
https://www.investegate.co.uk/taptica-int--ltd--tap-/rns/update-re-uber-lawsuit-and-proposed-share-buy-back/201906120733299315B/

Despite their claims it was without merit they still paid out $1.7m to settle the case out of court.
https://www.morningstar.co.uk/uk/news/AN_1607968003002689200/in-brief-tremor-to-pay-usd17-million-to-settle-uber-lawsuit.aspx

Simple point. The Alphonso court case where they are claiming in a legal document that they lost 'substantial business' and are continuing to do so.
Yet in the TU and investor slides they don't mention it..

It's the company's responsibility to their shareholders to keep them informed. Lack of clarity, uncertainty.

Brubru
"The whole reaction here is because the directors have sold some shares"

Really, so the trmr sp in US closed down over 3% AFTER their results and webcast and conference call because the directors sold some shares(announced today).

So according to you, the fact the shares in US fell night AFTER YESTERDAY'S webcast and conference call is purely a coincidence!!!!
Honest guv.
;-)

Malbright
"So we are back below where we started on the Nasdaq listing of $ 19 despite the passage of 2 record quarters and forward guidance for continued growth. I just cant figure it."

As I posted last night, US peers rose but Trmr on US fell. Therefore, nothing to do with this morning's rns.
I think it's to do with the lack of clarity over Alphonso court case. There was no mention of it in the TU or investor slides.

Despite the 'strong results' Trmr closed in US down 3.8% at $20.02

Whereas US Peers closed up.
Pubmatic up 14%
Magnite up 0.78%
The trade desk up 2%
Perion up 3.19%

Trmr:
Q1 26/05 822p
Q2 19/08 778p
Q3 11/11 792p US $20.02
current:
high 26/05 870.65p

The sp has a history of rising on bullish comments and falling on events.

Best to trade and not get caught out again. My 844p pre-IPO is still looking good.

There you go, US Peers up, yet despite the 'strong' Q3 results trmr ended down.

Despite the 'strong results' Trmr closed in US down 3.8% at $20.02

Whereas US Peers closed up.
Pubmatic up 14%
Magnite up 0.78%
The trade desk up 2%
Perion up 3.19%

Trmr:
Q1 26/05 822p
Q2 19/08 778p
Q3 11/11 792p US $20.02
current:
high 26/05 870.65p

Pubmatic:
Q1 11/08 $39.67
Q2 13/05 $32.78
current: $39.91
high: 01/03 $76.96

Magnite:
Q1 10/05 $33.47
Q2 09/08 $34.26
current: $22.91
High: 09/02 $64.39

Perion:
Q1 04/05 $17.67
Q2 03/08 $19.81
current: $29.77

The current trmr sp is still below the 870p intra day high from pre-IPO.

Now what ramp on brokers notes, fy?????

My 844p from months ago still looking good timing..

They should have informed investors in the TU, about the Alphonso, court case.

Only a couple of years ago, the company issued a rns for the Uber court case. They claimed it was immaterial and that they would aggressively defend it? What happened?? They issued rns to inform investors of the court case and another when they settled out of court.

"The revenue associated with the Uber Campaign directly relating to the Company does not represent a material portion of Taptica's revenue."

"The Company reiterates that it considers the claims to be without merit and, as such, Taptica Ltd. and Taptica, Inc. will aggressively defend against these claims."
https://www.investegate.co.uk/taptica-int--ltd--tap-/rns/update-re-uber-lawsuit-and-proposed-share-buy-back/201906120733299315B/

Despite their claims it was without merit they still paid out $1.7m to settle the case out of court.
https://www.morningstar.co.uk/uk/news/AN_1607968003002689200/in-brief-tremor-to-pay-usd17-million-to-settle-uber-lawsuit.aspx

Simple point. It's a court case where they are claiming in a legal document that they lost substantial business and are continuing to do so.
It's the company's responsibility to their shareholders to keep them informed. Lack of clarity, uncertainty.

The company has a history of court cases, placings etc.

devnull
"A cautionary tale, Bought Tap @ 325 in 2018 and the watched the drop to 115ish."

Similar happened to blnx/rthm before TAP merged with them.
In 2014 eq sp fell from around £28 to 400p within 6 months.
In 2017 eq sp fell from around 590p to around 100p.

current sp around 750-800p

The company has a history of court cases and placings.
It'll only take 1 rns and the same will happen again.

It was the reason why my trade was at 844p months ago.

SNN,
Loss of Alphonso.

Very strange re the slides. What are they trying to hide?

They state in the court documents that they have lost substantial business. So it's clearly significant and relevant enough to mention.

From the court document:
"12. As a result of Defendants™ misconduct, Tremor has already lost substantial
business dependent on the LGE viewership data and is continuing to lose such business, which Tremor would have retained and/or obtained but for Alphonso's and LGE™s wrongdoing; Tremor™s reputation is being irreparably tarnished; and Tremor™s highly-trained salesforce is at risk."

https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=5yQBD0QoQffyn29kXpficw==