Member Info for stt1

Article on Yahoo on warnings of tech bubble. With a tech crash, there would be a rush to sell and investors will have problems selling large quantities of shares at a time. You'd have to break down any large holdings into smaller holdings and hope they can be sold quickly.

"The blockbuster initial public offerings (IPOs) of technology companies in the past few months have led to fears of a tech bubble on Wall Street, with legendary investors like Michael Burry of Scion Asset Management warning of a “mother of all crashes” due in part to soaring valuations and weak fundamentals. Due to the retail investor frenzy into growth firms since March 2020, several companies have debuted to multi-billion dollar valuations"

"A lot of stock experts have also compared the present tech boom to the dotcom bubble. In 1999, just before the dotcom bubble burst, it was the busiest year for IPOs. However, 2020 beat that record. 2021 is so far on track to surpass the numbers of 2020. The dotcom bust lead to a grand correction in the value of technology stocks."

https://finance.yahoo.com/news/10-tech-ipos-flopped-141004013.html

TLY well positioned for new ICS contracts - in the right place at the right time. New proposals have been expected and as expected, TLY prepared for them.

"A change in the way services are commissioned – In February 2021, the Department of Health and Social Care published a White Paper which set out a strategic shift away from the focus of competition which underpinned 2012 government reforms and removed some competition and procurement rules. In the future, contracts are expected to be commissioned less through competitive tendering and increasingly through partnerships with trusted and established private sector providers and we fully anticipate Totally being one of these."

http://www.allenbycapital.com/research/research-tot_23_2096080549.pdf

Radium
"you may have noticed this but it can be a struggle to sell large amounts of Totally and you have to break it down into several sells to clear..."

How do you know? Is that you with all the small sells to manipulate the sp then??

The reverse is also true, isn't it? If you wanted to build a holding then you'd have to buy in small chunks. Works both ways, doesn't it?

The same is true of shares which are illiquid, like Trmr.
Try selling large chunks of those when the sp is crashing and you can't - you have to break it up into smaller sells.

Contract extensions:
Due to covid when everything was closed down, meetings, contracts, the NHS were unable to grant new contracts. To continue the valuable service contracts were extended to all providers, unless there were exceptional circumstances. The new ICS rollout was postponed.
This was made clear by Wendy, CEO last year!!

More recently, the NHS has began to open up again. New contracts have been awarded. Until the new ICS contracts are ready to be awarded, contract extensions will continue. That is common sense approach.

Despite having parts of the company closed, TLY still achieved £113m of revenue for fy2021, March 2021. That is an amazing achievement given parts of the business were closed.

Now all subsidiaries should be functioning, so growth should return.

New contract - Not 6/12 months as some would have you believe:

"The new framework agreement commences on 1 April 2021 and runs to 31 March 2024. "

"Wendy Lawrence, CEO of Totally, said: "We are delighted to be one of the first organisations chosen to be a preferred provider of Emergency Department validations for the NHS as part of this shift towards the new ICS framework. Being one of the few selected as part of this competitive process is testament to the hard work of our staff and the quality of services we provide in the region.

"As the NHS moves away from large public sector tendering for services it is looking to be quicker and more efficient in responding to shifts in demand across the country and, as such, is looking to appoint partners that it can proactively work with going forward, without the need for lengthy procurement processes. Having been selected as one of these providers, Totally can now rapidly mobilise services in response to the shifting demands of YAS without needing to go through further formal processes."

https://polaris.brighterir.com/public/totally/news/rns/story/x2j3zmw

Radium,
" Tremor’s stated desire is to expand into Europe, Japan and Asia."

Buying Speared to help move into Europe just when GDPR is being enforced more and more.
Privacy laws are increasing.

https://digiday.com/media/ad-trackers-continue-to-collect-europeans-data-without-consent-under-the-gdpr-say-ad-data-detectives/

‘Soft-hearted’ Irish DPC proposes $42M GDPR fine against Facebook
https://www.complianceweek.com/regulatory-enforcement/soft-hearted-irish-dpc-proposes-42m-gdpr-fine-against-facebook/30934.article

Radium
"While Neumann and Thielen co-founded ADTECH AG, which was later acquired by AOL to become its core adserver"

They co-founded and built the adserver and sold it to AOL in 2007, 14yrs ago. They built adserver and sold to trmr. The clever ones are the ones who built and sold the ad servers...

It backs up my point that trmr are playing catchup.
How is AOL doing now?

Trmr are playing catchup again. They are 2 yrs late and following what other ad tech companies have been doing.
They should have bought Sizmek's Ad server when they filed for Chapter 11. Their ad server was the largest in the world. Instead they chose to buy rthm!!
I thought they were supposed to be visionaries, ahead of the game...

Look how far Amazon have come over the past 2 yrs, since they bought Sizmek's ad server..
The horse has bolted..

2yrs ago:
Amazon saw the significance of Sizmek's 3rd party ad server.. So they saw and seized the opportunity after Sizmek's filing for Chapter 11.. These guys see the significant opportunity.. visionaries...

Amazon confirms acquisition of Sizmek’s ad server
https://techcrunch.com/2019/05/31/amazon-acquires-sizmek/

Tricky,

Lol. Grasping at straws again and posting misleading information. I see TLY also stated they took taken legal advise and HSJ then deleted the article. So you better be careful what you say about it.

Read the rns.
It was a 5 yr contract from 2016. 2016 + 5 = 2021. This means the original contract ended earlier this year.
However, earlier this year, the contract was extended by 1 yr so makes 2022.
The contract is ENDING in 2022 AS USUAL.

Nobody expects TLY to win every contract being tendered by NHS, do they???.
Urgent Care Division is 1 of 3 subsidiaries and the contract in question is one of dozens within the division.

Thordon,

Excellent. Thanks.

TLY BoD being proactive and providing clarity. Prevents any misunderstanding.

The contract was for 5 yrs from 2016, so expired earlier this year. It was extended until next year and will end as usual. I doubt they will win it in the next tendering process.

TLY won't win every contract and they will lose some contracts.
It happens.

Tricky is clueless on how the NHS works.

Millions of people use NHS 111 every year - out of those millions there will always be the 1-2 tragic incidents, where there was a wrong diagnosis.

GPs make mistakes, drs within A&E make mistakes resulting in patients dying. However, GP practices, A&E still exist. NHS 111 won't cease to exist because of isolated incidents.

As long as they are investigated and changes made to ensure they don't happen again.

NHS 111 & NHS 999 use the same NHS Pathways software. If there are software problems then these will exist for both 111 & 999 and the fault lies with the NHS not NHS 111 providers like TLY. The same is the case if A&E or GPs make mistakes, it is the NHS who make compensation.

NHS 111 & NHS 999 using same NHS Pathways software where several patients died due to software glitches.
999 service hasn't been closed down, has it?

Coroners link eleven deaths to glitches in NHS 111 and 999 ...
https://www.telegraph.co.uk/news/2019/07/15/coroners-link-eleven-deaths-glitches-nhs-111-999-systems/

NHS 111 & NHS 999 use same Pathways software provided by National Clinical Governance Group

"NHS Pathways and the Directory of Service is a clinical tool used for assessing, triaging and directing contact from the public to urgent and emergency care services such as 999, GP out-of-hours and NHS 111. It enables patients to be triaged effectively and ensures that they are directed to the most appropriate service available at the time of contact."
https://digital.nhs.uk/services/nhs-pathways

every question asked and every piece of care advice given is linked to at least three pieces of the most up to date clinical evidence

there are over 800 symptom pathways within the clinical assessment tool

it is under constant review and direction by the National Clinical Governance Group, which is made up of NHS clinicians with extensive experience in the urgent and emergency care services
https://digital.nhs.uk/services/nhs-pathways#reasons-for-using-nhs-pathways

Perhaps the government should abolish the 999 service. What do you think Tricky?

They benefited from the US Elections and covid. However, covid restrictions are easing and more and more people are venturing out, instead of sitting indoors watching CTV.

Trmr also filed a court case against their data provider, Alphonso, in May.
Given the way inventory payments work, the impact of losing Alphonso, would not be known for months.
There's also more and more industry challenges which will hit ad tech, one example being the court case against IAB and other privacy challenges.

Alphonso court case:
May 2021:
Court case against data provider, Alphonso

Then 25th May:
SUBSEQUENT EVENTS
On May 18, 2021, Tremor Video, Inc. (“Tremor�) filed a complaint against
Alphonso, Inc. (“Alphonso�) in the Supreme Court of the State of New York,
County of New York. The claim is for breach of contract, tortious interference
with business relations, intentional interference with contractual relations,
unjust enrichment, and conversion. The lawsuit arises out of Alphonso’s breach
of a Strategic Partnership Agreement and an Advance Payment Obligation and
Security Agreement (“Security Agreement�) with Tremor, along with related
misconduct. Tremor complaint is for damages and other relief, including an
order foreclosing on Alphonso’s collateral under the Security Agreement, from
the Court.
https://investors.tremorinternational.com/static-files/a54c68fb-6ca0-4136-ae96-40ba4eba5875

Totally lands contract extensions as second Covid-19 winter looms

"Earlier this month, Totally said current trading is in line with market expectations. It noted that services in its three divisions had fully resumed but it was preparing for high demand as the country enters into a winter period with pressures from Covid-19 and the seasonal flu.

The company remains confident going forward, it said at the time, and anticipates further growth by supporting the NHS through a second winter with Covid-19."

https://www.morningstar.co.uk/uk/news/AN_1632470264843596800/totally-lands-contract-extensions-as-second-covid-19-winter-looms.aspx

Great news to see contract extensions £16m over 2 yrs.

They currently have around £100m recurring revenues, £14.7m cash (as of Aug 31st) and pay dividends.
On top their insourcing division is growing strongly.

bald_eagle
"If TRMR keep delivering on the fundamental numbers then the SP will take care of itself."

The intra day high was 870p pre-IPO. Since then the company have had the IPO, broker notes/targets, reported significant higher Q2(as well as Q1 pre-IPO) results, broker upgrades.
Yet the sp is still lower than pre-IPO. It is still lower than the my sell at 844p.

Why do you think it will be any different going forward?

dynaheir,
Tly were expecting the govn changes and have been building their business for it.
Read the company newsflow. I've mentioned it on here before.

They often mention the CQC ratings.
One of the things they have tried to do is to maintain good CQC ratings. The reason for this was because contracts were going to be awarded based on merit rather than cost, therefore they were planning ahead.

"In an almost unprecedented move, Vocare has improved the Royal Stoke Urgent Care Centre ("UCC") service by two CQC ratings in six months, moving it from 'Inadequate' to 'Good'. It also improved the rating of both the GP Out of Hours ("OOH") and NHS 111 services to 'Good', meaning that Staffordshire is now rated 'Good' across the board."
https://polaris.brighterir.com/public/totally/news/rns/story/rmm1dvr

dynaheir,

"biggest resource lost was time hence the pivot to ICS with a shorter tender process and a longer duration contract at the end."

And ICS contracts are awarded more on merit, which is a great for TLY.

surprised,
Thanks for the link. Very interesting read.

US after hours ended at $18.55 or UK eq 671p....
UK closed at 715p, so expect the sp to open lower..

As stated, the sp rose on bullish comments and is falling on events.

These were supposed to surge on:

1) Long awaited IPO. Completed, disappointing reaction.
2) Placing. Deeply discounted placing for a supposedly hot company in a hot sector. Disappointing reaction.
3) Initial broker notes/targets. They weren't significantly higher. Disappointing reaction.
4) Q2 results. Disappointing reaction.
5) New broker notes/targets. Not significantly higher despite the so called strong results. disappointing reaction.
6) AGM. Disappointing reaction.

Now what? Ramp on Q3? If not, wait until fy?

Back to vicious circle, US following UK following US, up or down, waiting for the NEXT news... as expected..

The sp is still lower than the intra day high of 870p reached months ago and still lower than the 844p of my previous trade.

I think it's best to trade and not get caught out again.

qwerty
"Some doubt starting to creep into yield fantastic latest post?"

lol... not surprising, the sp isn't surging so ids disappear and others start expressing some doubts as if they are new...
My opinion about concerns here have been consistent throughout...