Tricky_Dicky
15 May 2018
Re: Dividends ...that's a biotech company!
mol42
14 May 2018
Re: Dividends see 14/05/18 sec filing[link]
mol42
14 May 2018
Re: Dividends nevermind what iii show or anyone elsethe company has never paid a dividend to datereason - they have no distributable reserves to date in order to do soat some point they may tidy up balance sheet and wipe out the accumulated losses to date against share premium account and other balance sheet itemsand of course start making a profit that actually does make a substantial difference to said distributable reserveswhere's sobeit btw - lolmol
oilovlam
14 May 2018
Re: Dividends "It would appear that iii has picked up dividends paid by one of our acquisitions......"========== ========== ========== ========== =====Didn't YuMe pay a big dividend to themselves just before RTHM took them over.
Twbibear
14 May 2018
Re: Dividends Good afternoon all.I have been a shareholder in our Company since day one and have attended the majority of AGMs; there has certainly been much comment about the possibility of "a dividend", but certainly no payment.I have just spoken to our NOMAD (Nick Westlake), at Numis, who confirms that his Summarised Accounts do not embrace the payment of any dividends during the life of the Company.It would appear that iii has picked up dividends paid by one of our acquisitions and thought it might be a good idea to add a little spice to the figures!Dividend, wherefore art thou.................?Good luck, allTwbibear
davehfdr
14 May 2018
Re: Dividends Well surely Tricky the n/a is there because they made losses in those years ? I wonder who were the "not common" ordinary shareholders were who received the money ? I am still puzzled, the company was a PLC throughout and I don't believe has two classes of ordinary shares.
Tricky_Dicky
14 May 2018
Re: Dividends Hi davehfdr,If you look up a couple of lines it shows profits available for dividends as n/a for those years.The distribution of dividends to common shareholders is at the discretion of the board of directors in any case.
davehfdr
13 May 2018
Dividends The profit and loss summaries for RhythmOne shown in the fundamentals section on here show ordinary dividends paid in the last three years of 7.5m, 7.5m and 8.7m. I have held shares in the company for a lot longer than that and have never received a penny. Can anyone throw any light on this please ?
Tricky_Dicky
12 May 2018
The GDPR Effect GDPR comes into force on 25th May.It's first effect for individuals should hopefully be an end to a lot of Spam.However it won’t stop the sort of spam that contains bogus links and malware, because such emails have always flouted the law and there’s no reason to think that the GDPR will stop that. Requests from organisations that we previously signed up to as well as those we only visited and yet become a target, will all be knocking on our door and asking for future permissions and it will also mean an an end to ads for consumer products we have just viewed on one site from following us around like the 'fly' that won't go away..I don't think the advertisers will need to be compliant, more so the companies that supply them on their behalf and I strongly suspect that such suppliers / organizations, both public and private will use the GDPR to their own advantage.Incentives to stay signed up to an organisation will be offered and R1 already has a prime example in 'Perk'.So, it looks like a 'win-win' scenario, raising the consumer's trust in the landscape and allowing companies to target better the customers they wish to have on board.Compliance with GDPR by ad-tech companies, then, may well enhance customer experience, create or improve tools for higher conversion and increase brand loyalty.Organisations will have a leaner, more concentrated pool of email recipients who are genuinely interested in their products and services.Finally, of course there is a cost-element to business to ensure compliance, even those outside the EU who wish to do business there and whether cost, of thorough data-audits, will be more than balanced by the increased business flow (as above) remains to be seen.Cost of implementation of GDPR versus extra business gained?
oilovlam
09 May 2018
Re: Autonomy fraud "So could any of this effect Rythm??? "========== ========== ========== ========== ========== ==No.It's purely of academic interest to people who owned Autonomy.
Mome Wrath
09 May 2018
Re: Autonomy fraud So could any of this effect Rythm???
Tricky_Dicky
04 May 2018
Re: Autonomy fraud Revenue recognition is a tricky piece of the puzzle. Suppose you sell an internet service or a $300 million software package to an individual or a company, the contract for that product or service often includes future upgrades.Autonomy used GAAP rules on future earnings in its accounts and HP accountants failed to look into the matter at anything other than 'face-value' until after the sale of Autonomy had concluded.Translated into GAAP the accounts look entirely different.In 2015, Amazon reported non-GAAP EPS of $4.14. Yet under GAAP rules earnings per share were a meager $0.37.In addition to this, HP managers may have added future revenue into (then) current financial years and / or used figures based on relationships with re-seller's who had not yet sold the goods.So, HP may have 'goosed' the numbers, allowed under IFRS rules and this was not picked up by the U.S.- based HP accountants for some reason.
oilovlam
04 May 2018
Re: Autonomy fraud Hard to see how using a different accounting standard can result in fraud....I think Hussain was found guilty (although he is obviously appealing). Some of our companies seem very 'imaginative' in the way they use figures......Tesco springs to mind. Perhaps it's sour grapes by HP but if I were Lynch & Hussain I would be worried. I don't know if the yanks are after a jail sentence or a large fine. Probably the cash will make them happy. ALthough I doubt Lynch has billions of dollars.....although he is quite wealthy I believe.
kristoph
04 May 2018
So do you think that the Autonomy affair is acting as a drag on the Rhythmone share price?
Tricky_Dicky
04 May 2018
Re: Autonomy fraud There is still a High Court case pending in the UK against Lynch and Hussain, both UK citizens.I am not sure if it is the different accounting systems that are entirely the root cause of discrepancies but you might have thought the issue would have been spotted.i.e. the differences between the International Financial Reporting Standards (IFRS), used by Autonomy, and the Generally Accepted Accounting Principles (GAAP), used by American corporations. HP are famous for overpaying and if its legal teams looked at the accounts for many months prior to the sale of Autonomy and signed them off they should be rebuked or sued for incompetence.Remember also that the head of HP at the time, Meg Whitman was being sued for negligence by its own shareholders until she bought them off by an agreement whereby HP would sue Autonomy's Hussain instead.
