Member Info for Tricky_Dicky

From my cousin in the South of France:
'I have seen on the news that the situation has worsened in the UK, and that the government has waited for people to spend their money for Christmas and the New Year to tell them at the last minute that it's dead, with the Brexit it's not going to help matters.'

stt1?

Always enthusiastic and organised!!

Why is the UK being singled out?
I must have missed the latest news.
Freight from France is still allowed to enter Britain.

'Play by the EU rules or don't get access to EU markets.'
That is one way of capitulating to their demands, or more likely:
The EU protects its own markets where, and in what manner, it suits them, the EU is not and never will be operating a 'level playing field' on all matters, despite their erroneous assertions.
It is not just the U.K. alone that is 'cherry-picking'.
Did we really want to be in a club that called all the shots?
Apparently not.

I meant, of course, Corbyn was the scapegoat that trotted up the Tory's lawn.

Labour supporters have the Labour government's stance on Brexit (under Corbyn) to blame for the Tory win by Boris.
Labour lost it's heartland support with long-term voters no longer feeling connected to the party.
Corbyn promoted Labour's support for a second EU referendum having previously said it would accept the result of the first.
Labour was viewed as being more like a 'stop Brexit' Remain party.
Or was it also not true that Corbyn was a deeply unpopular leader?
Either way he let the Tories out of the bag.
Momentum/Jews/you name it.
Corbyn would be the most welcome scapegoat ever to have trotted up this government’s law.

One of the main reasons for Brexit was to be able to diverge from EU rules.
The EU is, of course, perfectly entitled to press the UK to sign up to stringent level playing field provisions. But it should not justify these, as Ursula von der Leyen did, on the basis that the UK will have “seamless” access.
To do so undersells the EU’s negotiating success: to have used its power to deliver its members a deal that offers tariff-free access for their goods exports to the import-hungry UK, while offering next to nothing for services, where the UK has a surplus.
The EU should have more faith in its single market.
One thing we cannot accept in the course of the level playing field negotiations is the demand from some in the EU that if the EU adopts new laws, we would automatically have to follow those laws or face penalties.
The EU is proud of its Single Market – the largest in the world.
But this desire to protect it at all costs – even at the cost of a no-deal Brexit – suggests that the EU is more worried about the fragility of its Single Market than it cares to admit.

It is very 100% 'silly' if it all comes down to fishing rights.
The British fishing industry is a very, very small part of the overall economy.

Freshness of fish has always been an issue.
We had ice-houses at harbours here in Victorian times.
Herring were smoked to preserve them.
Fish are frozen at sea.

Shellfish living close to our coasts are not accessible to EU fishing and we export them to the EU, this requires certification and refrigerated lorries and delays are not helpful, extra tariffs and taxes will damage that sector despite not being part of a fishing deal anyway.
UK negotiator David Frost wants Britain to take back more than half the fish currently assigned under the EU quota system, under a three-year agreement.
The European side insists the UK can not have tariff-free access to the EU single market as a whole unless it agrees to take back only a quarter of the fish quota -- and that the transitional period would last seven years.
I think there is some room for maneuver, split it 50/50.
Transition it over 10 years.
Horsetrading!

If Brexit could be done quickly, without consequences, then it would have happened already.
We are not allowed to catch all fish swimming in our waters, at will, we have to share them with others.
I have no real problem with that but the EU seems to believe that they have a supreme right to do so.
A right they will not give up regardless.
It's all a bit silly really, there has to be a compromise somewhere.

Mr Macron has repeatedly said the UK cannot expect tariff-free access to the EU market while expelling boats from its fishing waters.
That says it all.
Fish is the healthiest from of food on the planet.
We have to import fish because of the quota restrictions.
How cheap is that?

TalkTalk has now agreed to a £1.1 billion takeover deal from Toscafund.
FTSE 250 telecoms firm TalkTalk is set to delist after it agreed to a £1.1billion takeover by investment company Toscafund and private equity firm Penta.
Toscafund, which is already the second largest shareholder in TalkTalk with a 29 per cent stake, began talks with TalkTalk over a possible purchase more than two months ago.
The offer represents a 16.4 per cent premium to the share price on 7 October, just before the offer was first made public.
It values the company at £1.8billion, including debt.
TalkTalk, which spun out from Carphone Warehouse in 2009, is the UK's fourth-largest broadband provider with 4.2 million customers, competing with BT, Sky and Virgin Media.
The offer is approximately equal to TalkTalk’s market cap, which on 17th December was £1.14 billion after the share price nudged up to £0.997 — implying shareholders will make a loss on the takeover.
The deal has acceptances from owners of 76% of TalkTalk’s shares, including Dunstone who founded Carphone Warehouse, a mobile phone retailer, and started TalkTalk as a competitive (demerged) telco in 2003, partly through assets acquired from Opal Telecom., who had an estimated 29.5% a year ago.
The deal will see him leave TalkTalk with £320 million once the acquisition is completed in the first quarter of 2021.

And people complain about Druker making a few shekels on the side?

I think Eddie21's post says enough,
Druker could easily have waited longer and taken more.
We are where we are, why speculate on the short term?
A divi and/or buyback awaits.
Offloading a third before further rises hardly amounts to profiteering.

Long-term holders have every confidence in the current CEO to continue to perform.
Ofer's sale took some froth off the latest spurt, and we have seen some recently.
Selling now is throwing your toys out of the pram, especially before we know about a divi or buyback.
Just sit back and let the days unfold.
(and wind your neck in a little) Ofer knows what he is doing, which is more than a few in the past.

FH1,

The court approval now provides Tremor with the right to distribute a dividend and/or repurchase its shares, from time to time, over a term commencing on 16 December 2020 and ending six months thereafter, but does not require the Company to acquire any or a specific number of shares.
The decision is next up to the BoD to decide, they have not yet made their intention clear at all.
The decision is yet awaited.
The CEO was paid share options, instead of cash, to focus his attention more on the long term prospects for the company.
It is up to Druker to decide what is best for his own immediate circumstances.
To view the sale as a negative, i.e. that he does not believe in the future prospects is speculation.
If the BoD's reputation in awarding shares that can be sold, after a certain period of time, is damaged then executives share remunerations, instead of cash, are to be questioned for all companies who provide rewards in a similar manner; a lot of companies operate in exactly the same way wrt to remuneration.
Therefore it is not Tremor alone whose BoD's should be suspect.
It is the industry standard, like it or loathe it.
When would you allow a CEO to sell their shares?
When it does not affect the sp?
And when would that be exactly?

FH1,

Not true, the company has yet to announce a further buyback/dividend.
The courts have given approval, nothing firm by Tremor has been declared on the back of that.
Take the broker's forecasts of 700p with a pinch of salt.
We have had a good run recently and the CEO has taken some profit.
If Druker had waited longer he would still be accused of profiteering.
Are you implying that the company is being harmed by the actions of Druker?

Rude language from FH1

'Ofer the plonker/bloody numpty.
This sounds like insider dealing.'

Really?
Rather loud and angry words that attract a lot of attention but do nothing useful.

Yes! When is a good time for a CEO to sell ?
They get blamed whenever they do regardless.
The shares awarded to executives are incentives to motivate them to increase the sp, the lock-in period is set by the board presumably, but it is the buybacks in particular that are commonly seen these days as mechanisms whereby executives are lining their own pockets.
The increase in the sp in this case, however, was mainly down to reports of increased profits and future prospects.
If a dividend is paid out of buybacks, which have increased in value owing to the above, then the shareholders benefit also.
The CEO is working for the shareholders and we alone are free to come and go like the birds, buying and selling at will, sometimes acting speculatively and creaming off some profits, without any criticism at all.

Avoid engaging with people who offer you nothing but negativity.
Their brooding about a past event is unhealthy.

Do we know how much Tremor (then Taptica) were being sued for by Uber?
There seem to have been multiple companies blamed in a lawsuit as well as
the fact that the courts could not agree that Uber had all its ducks in a row.
The Uber case was basically a pile of BS, as below:

'Firstly, Uber was not a client of the publishers and had no agreement with them. It was with Fetch.
Secondly, the evidence brought in the lawsuit is nonsense.
1. Not passing device ids - everyone in ad-tech knows that there isn't traffic with 100% device identifiers, and in addition it is up to the advertiser /agency to state that that they want traffic only with device identifiers + set attribution accordingly like many advertisers do. Uber/Fetch did not do that. In addition, them measuring DAU is also not accurate, without having an SDK within the app you cannot measure DAU, and even App-Annie and other tools dont have their SDK in EVERY app.'.

But, O agree, probably better to pay the fools rather than the huge costs of litigation.