jawn619

I talked with management. They said they would sell the company for 1.5x Sales. I told them they would never get that price.

Got a few messages about it. Posting this here for those who are interested. https://raritan.lpages.co/register-my-ria/

I remember a few people were looking to register as an RIA. I went through the process, have an RIA with $500k of AUM and was thinking of starting a business like RIA in a box that helps others do it too (but for a fraction of their price). I've found that having an RIA and real track record via smas to be the easiest and cheapest way to great credibility when in front of allocators. Wanted to see if anyone had interest or questions on the process.

http://nypost.com/2017/01/22/amazons-next-frontier-to-conquer-auto-parts/ +1 Interesting. I recently bought wiper blades at a local Autozone and was kind of pissed about how much I paid. I went to my computer logged on to Amazon and sure enough, I could have gotten the exact same set of blades for my car for about $20 cheaper. I spent over $50 on two Bosch Icon blades and the some ones on Amazon would have cost me a little over $30 with free prime 2day shipping. I won't be buying them locally next time. Retail's goose is cooked IMO. Once customers find out how badly they're being screwed by the auto parts retailers, their economic model is OVER.

+1 same

Any type of deferred revenue business where cash is collected before the service is delivered serves as a mini float.

Hey Phaceliacapital, I follow this company and am well versed in the ad-tech space in general. i'm also impressed by both the business and management. I don't own it but here are some of my thoughts to help understand the industry. The problem with a lot of ad-tech companies is that they're showing top line growth because of the shift to digital, but almost all (unless they're Facebook/Google) are unprofitable. Let's go through an example of the players of how the dollars flow. Coke has a $10M advertising budget. In the past they would spend this on TV/billboards/etc ESPN.com is a content publisher. they have x number of readers and can deliver x number of impressions. Most ad-tech black box programmatic companies.. basically buy ad inventory, sometimes speculatively, and resell at a profit. As competition has increased, bidding for inventory increases and profitability is hurt. All agencies have a trading desk in house now and even some larger companies have trading desks to take care of their programmatic bidding. So before an ad-tech company would be able to buy $7M of inventory and sell it back to Coke for $10M. As competition has increased, companies are now buying the same or less inventory for more, hurting margins. Criteo's black box is re-targeting. Right now CRTO buys inventory and is able to deliver a great ROI on that inventory because re-targeting as a business model works. Do you think long term re-targeting can continue its above normal profitability? Do you know if competitors will enter the market? I believe the seeking alpha article is incorrect. Criteo is able to charge a higher price per CPM because it delivers results, not clicks. And comparing the company to Valeant is ridiculous.

http://raritancapital.com/wp-content/uploads/2016/11/MixT.pdf Mix Telematics

http://raritancapital.com/wp-content/uploads/2017/01/Q4-2016.pdf

+1 great explanation

Also, his plan will tax carried interest as ordinary income. He's helping the middle class more than you think.

Trump's tax plan to lower corporate tax rate. Lower tax expense = higher net income. Higher net income = more cash flow. More cash flow = more valuable businesses. https://www.donaldjtrump.com/policies/tax-plan This has nothing to do with economic stability, his moral ineptitude, or how he's going build a wall.

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yeah, check me out.

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