Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on RHYTHMONE PLC. We currently have 22 research reports from 4 professional analysts.
|15Feb17 07:47||RNS||Holding(s) in Company|
|13Feb17 07:00||RNS||Directorate Change|
|01Feb17 07:00||RNS||Total Voting Rights|
|24Jan17 11:14||RNS||Holding(s) in Company|
|20Jan17 12:39||RNS||Holding(s) in Company|
|19Jan17 08:30||RNS||Completion of Acquisition|
|17Jan17 07:00||RNS||Perk Inc. Acquisition Update|
Frequency of research reports
Research reports on
N+1 Singer - Media - Bad advertising…Big agencies and Google in the firing line?
09 Feb 17
The Times is running a major investigative story suggesting that major brands are “unwittingly funding Islamic extremists, white supremacists and pornographers by advertising on their websites”. This is not the first time that the issue of online media budget spend processes resulting in brands being advertised alongside inappropriate media has come up. Historically the issue has come out because of lack of controls between the “media buyer”, which is typically the agency and the sources (exchanges/SSP/media owners). In the considerable Times article the main issue is advertising on Youtube (Google owned) allowing inappropriate “hate” videos and the advertising next to them. There are also some generic accusations against the large agencies who dominate media buying, which are not new. The dominance of Google and Facebook in Online Media, which frequently takes over 50% of online spend in some markets, is also a major issue given the way they produce viewing data (that has been incorrect by their own admission) and not independently verified in line with industry norms. Quality independent intermediaries who specialise in buying/selling of media are likely to be a preferable source to Google/Facebook who have their own media to sell. With agencies seeking to prove they are not ripping off clients and that they are buying quality media we expect the independent sector to benefit. Our key pick here is RhythmOne (Buy) which has worked very hard over several years to differentiate itself on quality grounds from its peers and now receives very high quality rankings. We also see positives for Ebiquity (NR), which analyses agency performance and can oversee contracting terms to help an advertiser get some control of its agency relationships.
N+1 Singer - Morning Song 09-02-2017
09 Feb 17
Amino Technologies (AMO LN) Benefits of recent acquisitions shining through | Media Bad advertising…Big agencies and Google in the firing line? | Travel & Leisure Enterprise Inns (ETI LN) (Not Rated) - Solid AGM update | Northgate (NTG LN) Reiterating our Buy stance after a positive meeting | Small-cap quantitative research New quality style screen + 11 quality focus stocks | Speedy Hire (SDY LN) Forecast upgrades after a solid Q3 update
N+1 Singer - Morning Song 16-01-2017
16 Jan 17
Goals Soccer Centres (GOAL LN) YE update supportive of new management / recovery thesis | Grafenia (GRA LN) Strategic signage acquisition | Instem (INS LN) Full year trading update | Northern lights Shining prospects for 2017 | RhythmOne (RTHM LN) Q3 trading update underlines momentum | SQS Software Quality Systems (SQS LN) Full year profits in line, revenues slightly impacted by weak sterling | Vislink (VLK LN) Update on proposed disposal
N+1 Singer - RhythmOne - CFO succession
05 Jan 17
Ed Reginelli is stepping down after 5 years at the business and a huge reorganisation of RhythmOne. He is being replaced by Richard O’Connor, a highly experienced businessman with a highly relevant track record in online media and programmatic trading. In his last job he helped turnaround and convert a business to programmatic trading, finance and ultimately sell PageScience for US$825M to Accent Health (a Private Equity backed business). This in additional to his historic direct working relationship with the RTHM team (executive and finance team) is a significant positive given RTHM focus on taking part in the industry consolidation. Our view remains that the independent market (outside of Google and Facebook) can consolidate and drive profitability through scale, due to the inherent operational leverage available. Overall we see this succession as a positive for RTHM and reiterate our Buy rating and flag the stock is an N1S Best Ideas portfolio stock for 2017.
20 Feb 17
Hayward Tyler Group* (HAYT): Trading update and financial position (CORP) | Petra Diamonds (PDL): Interim results (BUY) | Gemfields* (GEM): Interim results (CORP) | Premaitha Health* (NIPT): Middle East momentum (CORP) | Sound Energy (SOU): Acquisition update and TE-8 well spud (HOLD) | Proactis* (PHD): Interim trading on track (CORP) | 7digital* (7DIG): Automotive contract win (CORP)
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
21 Feb 17
Lighthouse Group* (LGT): Middle Britain growth (CORP) | Utilitywise* (UTW): Double-digit sales growth (CORP) | Trakm8* (TRAK): Earnings expectations cut again (CORP) | dotDigital* (DOTC): Myriad growth opportunities (CORP) | Artilium* (ARTA): Five-year Telenet deal secured and prepaid (CORP) | Netcall* (NET): Cloud investment pays off (CORP)
N+1 Singer - Small-cap quantitative research - New quality style screen + 11 quality focus stocks
09 Feb 17
We introduce our fourth and final style screen representing “quality”. This screens for stocks with the best combination of high returns on capital/equity, EBIT margins and operating cash-flow conversion rates. These criteria should help us monitor how strong underlying returns translate into share price performance over time and under varying market conditions. The screen selects the “best” 25 stocks from our universe of just over 500 stocks and, as usual, we focus on a shorter list of stocks we cover or otherwise know and believe to be particularly interesting. We provide brief investment summaries on these focus stocks on pages 4 – 9. We will monitor performance and refresh the screen in approximately 3-4 months time.
Small Cap Breakfast
16 Feb 17
Saffron Energy—Schedule One update. Raising £2.5m, expected Mkt Cap £7.7m. Admission due 24 Feb. Italian Oil & Gas Play Guinness Oil & Gas Exploration—Publication of prospectus. Seeking to raise £50m and invest in 15 exploration companies at launch, with plans to grow the portfolio to 30 positions during its lifetime. Issue closing 23 Feb. Arix Bioscience — Intention to float on the main market from the global healthcare and life science Company supporting medical innovation. Raised £52m in Feb 16 with investors including Woodford Investment Management
Share & share alike
14 Feb 17
The rally in the last fortnight, highlighted in the table, reflects a continued flow of positive updates and economic news. The FTSE 250, Small cap and Fledgling indices have reached record highs. We are in the lull ahead of results for those companies with a December year end, a welter of economic data regarding the UK economy, the State of the Union address in the US on 28 February and the UK Budget on Wednesday 8 March. We will learn at that stage the latest forecasts from the Office of Budget Responsibility. As highlighted previously, the reaction to corporate updates will continue to set the tone.