Member Info for stt1

Tricky
"Tremor operates a full-stack involving both together in its model so these issues are not relevant.
Simples!"

You should do some research on how the ad tech model works as clearly, your statement shows you haven't got a clue.

Bru
"However, your brain still fails in addressing the fact that Tremor doesn’t need to borrow rather can laugh at your face with a whopping amount of cash. Simples."

They just raised $148m gross, through a deeply discounted placing, didn't they?
Did you miss it?

They may not have borrowed it but the fact is money was raised.

Allocations completed.
Closed on Nasdaq at $21.14, down 6.58% eq sp 765p. UK close was 792p, so expect them to open lower tomorrow.

IPO. disappointing reaction. completed.
Placing. disappointing reaction. completed.
Brokers notes/targets. disappointing reaction. completed.
Full allocation completed. closed down 6.5%. disappointing reaction.

The sp is still below the 840p high reach in June, pre- these events.

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

An point mentioned in the presentation was with the pandemic there are many new short term opportunities such as:
Long covid.
Quarantine.

There's a lot going on relating to covid. Given the fluid nature of the pandemic these are short term and flexible.

"we now have a lot of cash. What are we going to do with it ???"

It is common for ad tech companies to hold vast amounts of cash because of the way inventory payments work. It is to do with the way ad tech model works.

The ad tech model works by DSPs/SSPs, partnering with each other. It is usually the case that the company would pay their 'supplier' (other ad tech companies) around 60 days but receive their cut from 'customers' (other ad tech companies) around 90 days. That gap("inventory payments") has to be covered from their own cash or they setup credit facilities.

"Brands and agencies often pay DSPs on 90-day or even 120-day cycles. But DSPs pay SSPs between 30 to 60 days."

"DSPs shoulder this burden directly because they constantly owe money to inventory suppliers. The Trade Desk took out a $200 million loan in 2017 to preserve liquidity while it bridges inventory payments. MediaMath has raised more than $600 million, including $225 million last year."

https://adexchanger.com/online-advertising/sizmeks-bankruptcy-is-changing-how-the-supply-side-manages-dsp-debts/

Radium, what you fail to understand is that TLY is aligned to the NHS.
You fail to understand the NHS business model.
You fail to understand the diversified TLY business model.

They have built up a diversified business model which has continued to grow, despite the pandemic closing parts of the business.
They are not covid dependent.
Everyone needs healthcare, covid or not.

The NHS is heading forward with ICS with the NHS proposals due to be detailed soon (were expected).

Those same NHS proposals which you said, with huge glee on both TLY/Trmr threads, "Goodbye Totally Plc".
What happened?
https://www.lse.co.uk/profiles/radium1/?page=12

"Quick Profit"
as expected.

Radium
" Looks to me that you like to burn your candle from both ends, from time to time."

That's funny you posting that to Rusty.
Have you forgotten?. You claimed, ONLY 3 days ago that you have me on filter and don't read my posts.
See your post 11th July 14.27
"I have stt filtered. I don’t read any of his scribblings."

https://www.lse.co.uk/profiles/radium1/?page=2

I think the phrase is "Pot calling the kettle black"
oops.

Grow up Radium. This is the Trmr BB for information on Trmr company. It's not for personal abuse.

From today's rns:
Underwriters exercising in full their over-allotment option.
2m shares being submitted for trading from Friday.

Not surprising it was taken up in full given the options were discounted against recent sp and a significant discount to the brokers target prices :

Options $19
recent sp $21-22
Avg tp of 4 brokers: $28

Quick profit.

"the underwriters of its offering of American Depositary Shares ("ADSs")(the "Offering"), have given notice to Tremor that they are exercising in full their over-allotment option."

https://www.tremorinternational.com/wp-content/uploads/2021/07/TRMR-Exercise-of-Over-Allotment-Option-140721.pdf

Investors presentation today at 2pm
Should be available later online for those who can't attend.

https://www.investormeetcompany.com/totally-plc/register-investor

Just to clarify the misleading information(again) by Radium..

Last week TWO brokers upgraded TLY to buy.

Canaccord - tp 60p
https://www.streetinsider.com/Intl+Ratings/Canaccord+Genuity+Reinstates+Totally+Plc.+%28TLY%3ALN%29+at+Buy/18644987.html?classic=1

Allenby, tp 65p

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

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

"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

The US brokers haven't issued significantly higher targets..Stifel was appointed in Oct last year.

For those investors, who are guided by broker targets only, I think the question is why choose Trmr over Magnite?

Magnite.

The brokers target on Magnite are $48-$70.
The Magnite sp is around $32, so the upside there, according to some is 50% - 120%.

Yet with trmr the upside based on brokers target is around 25%, significantly lower than Magnite and that's with challenges(Alphonso court case, significant increase in Shares on Loan, short positions stateside) they face.

https://money.cnn.com/quote/forecast/forecast.html?symb=MGNI

Closed at $22.7 so eq sp 815p. The sp was as high as 840p last month before the IPO.

IPO. completed.
Placing. completed.
Several brokers notes and targets. completed.

Now what??

I think we're back to the vicious circle, US following UK following US, until next news...

Just to clarify the misleading information(again) by Radium..

Last week TWO brokers upgraded TLY to buy.

Canaccord - tp 60p
https://www.streetinsider.com/Intl+Ratings/Canaccord+Genuity+Reinstates+Totally+Plc.+%28TLY%3ALN%29+at+Buy/18644987.html?classic=1

Allenby, tp 65p

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

Investors presentation tomorrow, 14th July, at 2pm

https://www.investormeetcompany.com/totally-plc/register-investor

The brokers notes had been anticipated for months yet there was a muted reaction.

IPO. disappointing reaction. completed.
Placing. disappointing reaction. completed.
Brokers notes/targets. disappointing reaction. completed.

Yet the sp is still below the 840p high reach pre- these events. As expected, the sp rises on bullish expectations but fails to deliver. It's a fact, look back at rthm/blnx/tap...

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

rthm(now trmr) has a history of it's sp rising on bullish comments and falling when it comes to events.

Rthm/blnx quadrupled in 2013-14 on bullish comments to eq sp £28 and then crashed, within 6 months to around 400p based on events(profit warning).
Rthm trebled in 2016-17 on bullish comments from the brokers. The sp rose to eq sp 589p with brokers targets of around 700p, yet rthm sp fell back based on events (industry challenges).

Shares on Loan have increased nearly 400% since Nov.
Short positions in play stateside.

900k trade went through earlier.

US Broker targets - Magnite.

The brokers target on Magnite are $48-$70.

Yet the sp is around $32, so the upside there, according to some is 50% - 120%.

Yet with trmr the upside based on brokers target is 25% and that's with challenges they face.

https://money.cnn.com/quote/forecast/forecast.html?symb=MGNI

Are US brokers over optimistic???