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TomTom oktober 2018

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quote:

Andros schreef op 17 oktober 2018 08:32:

wat is nu eigenlijk het koersdoel van Barclays? Zie tegenstrijdige berichten.
Heeft IEX het verkeerd?
Je ziet ze hier

corporate.tomtom.com/investors/analys...

Barclays is een van de laagsten met 7,70.
picklejuicer
0
@justin ja dat begrijp ik het grote gevaar blijft wel als er steeds meer android auto's komen heeft Google meer en betere data. Dan gaan ze natuurlijk uiteindelijk ook een package deal aanbieden.
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quote:

ketchup of catch-up schreef op 17 oktober 2018 08:13:

Barclays

ze houden het nu iets meer voor neutraal dan underweight met een koersdoel 7.70 euro

- near term fundamentals stronger, long-term questions linger

telematics: strategic review on target and strong interest
general: we see questions shifting to the competitive envrironment for automotive contracts, particular with the shift towards Google, making for a turbulent automotive environment

dan nog de cijfers die TT zelf ook al aangaf, cijfers zijn encouraging, maar de LT outlook is onzeker.

kortste update dat ze ooit hebben geschreven, zal zeker te maken hebben dat ze een involved party zijn
€ 6,25 Wies, ff goed kijken!
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TomTom's Google Moment
Published on October 17, 2018

Roger C. Lanctot
Follow Follow
Changing the automotive industry for the better - saving lives, fuel, money, time623 articles
Like 10
Comment
The automotive navigation industry had another Google moment, Tuesday, as TomTom faced the investor community for its third quarter earnings call. As is often the case with TomTom, the company’s senior executives were forced to confront unpleasant truths about the state of built-in navigation in cars and the implications for TomTom’s long-term prospects.

Generally speaking the quarterly results were modestly positive, as they often have been for TomTom, which has eliminated its debt and can boast of $179M of cash on hand. The company was able to tout a navigation win at PSA and a traffic win at BMW – likely representing bad news for rival INRIX. As in quarters past, TomTom was able to report incremental gains in the automotive and telematics businesses juxtaposed with incremental declines in its consumer business.

These results were not enough to displace investor concerns regarding business lost at both Volvo and Renault to industry arch-rival Google. Long the bugaboo of TomTom and its duopoly competitor HERE, Alphabet has managed to convince Volvo and Renault to adopt most of Google’s location-related platform assets including Googlemaps, Google Voice and Google Places along with the Android operating system.

The Volvo loss was a shortening of an existing contract and the Renault “loss” was actually a failure to win a particular deal, which TomTom described as impacting only a select few vehicles. But the broader implications of the twin developments was clear and acknowledged by TomTom management as a “user experience” failure.

Such sparkling self-awareness was a refreshing moment of Dutch candor and one that was only partially appreciated by the financial analysts on the earnings call. The analysts repeatedly hammered TomTom CEO Harold Goddijn on the question of “Why Google?” emphasizing business model issues and cost.

Goddijn declined to address the question of cost and side-stepped the issue of business model, while noting that TomTom’s own focus has always been safety, privacy and its own, more straightforward business model. Given Google’s ulterior motives and ability to monetize customer and vehicle data, it is wise to avoid the question of cost as the core consideration. TomTom is not able to compete on cost since it lacks an alternate means of monetization.

So the question comes down to user experience. The financial analysts on the call had great difficulty appreciating the reality confronting TomTom and its legion of competitors throughout the industry on a daily basis: automotive in-vehicle infotainment systems stink! Harold Goddijn knows it and asserted repeatedly that the company is redoubling its efforts to fix it – but there is no question this is true.

Alphabet’s recruitment of Volvo and Renault to the Google platform is a powerful statement that car makers have their work cut out if they want to continue to “own” their in-vehicle platforms. The evidence has been reflected in J.D. Power customer satisfaction reports for at least a decade.

The harder car companies try to deliver clever infotainment systems in their cars, the more frustrated consumers become with obtuse user interfaces, under-powered or redundant app systems and outdated navigation maps. What’s amazing is not that TomTom lost ground to Google but that TomTom, and chief rival HERE and the dozens of competing infotainment hardware and software suppliers, have held on so long.

Automotive engineers and senior managers have been confronting their failures on an annual basis even as they sink more and more millions of dollars into infotainment systems that fail to pass muster with consumers. While Goddijn is correct to admit the shortcomings of current in vehicle systems from every car maker on the planet – not a single one is doing particularly well – he is wrong to question the efficacy of what he describes as the “mobile phone paradigm” for the car.

It is clear that consumers are looking for a familiar user interface – tuned to the automotive environment – but even more important, that they want up-to-date maps, traffic information, weather, parking and POIs. Anything less than accurate and up-to-date information is counter-intuitive and disappointing.

This creates a high bar for car companies and their suppliers and definitely requires an off-board connection for over-the-air updates and hybrid functionality. Too many car companies have failed to provide for these elements.

Of course, the threat of Alphabet’s entry into the dashboard isn’t just about the user experience, which means the threat is even worse than it appears. The combination of growing industry adoption of the Android operating system and the beginning of the acceptance of the entire Google platform proposition is built upon considerations of cost, convenience, familiarity and performance.

The business model proposition inherent in Google’s conversion of privacy to a commodity remains something of a battleground for regulators and both a value proposition and headache for consumers. For car makers, the privacy violation is heretical, but it is a measure of the industry’s desperation to get the in-vehicle experience right that some are willing to make this sacrifice of what used to be an industry catechism: the customer owns the data.

The woeful state of automotive infotainment systems is difficult to overstate and it remains a key Achilles heel for car makers across the globe. Like a back door security vulnerability, the failure of automakers to refine their IVI systems has put a welcome matt out for Alphabet.

To its credit TomTom asserts it is hard at work addressing this challenge. And TomTom is not alone as companies ranging from NNG and Telenav to Continental, Bosch, Harman, Panasonic, Visteon, Alpine, Pioneer and many more are all committed to delivering clever infotainment systems that safely deliver enhanced location information systems to drivers without violating privacy.

What was perhaps most interesting about the nearly hour-long TomTom earnings call was that the analyst obsession with Google obscured the arrival in the automotive industry of Mapbox, which is already working with NNG, Telenav, Bosch and others to bring cloud-based navigation to dashboards. When the single Mapbox question was asked on the call, it was more or less ignored.

Of even greater concern is TomTom’s failure to deliver a map suitable to enable basic levels of automated driving. While TomTom executives recognize the need to create an automated platform for map updating and to improve accuracy – the existing camera-based approach continues to fall short.

TomTom’s Google moment was a wake up call for the entire industry. For TomTom, it may mean selling off its telematics division – but the bigger unanswered question remains: “What’s next?” How can TomTom reinvest and reposition for a market that Goddijn himself described as “turbulent.”
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Dat was een ontzettend dure dag voor mij gister...

Er is op dit moment maar 1 oplossing als HG echt wil moet hij op dit moment een aandeleninkoop van 75mio aankondigen voor de komende 3 maanden dit komt neer op een dikke 10 mio aandelen ad 170k per dag. Dit is de enige manier om de onzekerheid tijdelijk weg te helpen en de overbruggingsperiode tm verkoop van telematics.

Want als dit zo doorgaat komt het totaal niet geloofwaardig over voor de toekomstige koper van telematics die gaat zeggen hoezo zou ik 1,4 mrd betalen als je hele bedrijf dat waard is. Als HG echt wat wil doen voor de aandeelhouders dan is dit op korte termijn de enige oplossing.

Aangezien hij zijn jokers al op tafel heeft gegooid na het eerste google nieuws is dit de enige goeie actie!

Bij aandeleninkoop ben je ook snel van de shorters af die gister toch weer bakken met geld verdiend hebben.

Voor ons als aandeelhouder zou het natuurlijk top zijn op deze lage koers in te kopen en veel beter dan afwachten en het misschien doen na de verkoop van telematics. Na de 75 mop inkoop heb je nog voldoende middelen in kas......
La Raza
1
Ik ben na een jaar of 5 weer terug op het TomTom nest. Naar mijn mening is het eindspel nu bezig. Hoe en wat is nog niet geheel duidelijk en misschien weten ze dat bij TomTom in detail ook nog niet Maar de grote lijnen zijn wel bekend, ik ga uit van liquideren voor 2019. Succes allen !!
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De toestemming voor aandeleninkoop tot 10% is al gegeven op de ava. Dus kondig het maar aan HG, dit zijn prima koersen voor een inkoop.
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2
zou de drie dagen rule nu werken. Vandaag denk ik bij opening nog wat naweeen van gisteren, en daarna een redelijk herstel denk/hoop ik. Maar de computer doet zijn werk. En waar staat hij vandaag op ingesteld. Wil men de druk bij Hg opvoeren? Daar lijkt dit koersgedrag iig wel op. Anders kan ik niets verzinnen.
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TomTom’s Google moment was a wake up call for the entire industry. For TomTom, it may mean selling off its telematics division – but the bigger unanswered question remains: “What’s next?” How can TomTom reinvest and reposition for a market that Goddijn himself described as “turbulent.”

Die lanctot was toch degene die TomTom meer dan 40 euro waard vond?
marathon 11
0
quote:

Accuboor schreef op 17 oktober 2018 08:42:

De toestemming voor aandeleninkoop tot 10% is al gegeven op de ava. Dus kondig het maar aan HG, dit zijn prima koersen voor een inkoop.
Inderdaad. Je geeft dan wel een stevig signaal aan de markt( of beter de boeven achter computers) af dat de ondergrens wel bereikt is.
Pieterbell
1
quote:

Accuboor schreef op 17 oktober 2018 08:42:

De toestemming voor aandeleninkoop tot 10% is al gegeven op de ava. Dus kondig het maar aan HG, dit zijn prima koersen voor een inkoop.
Inderdaad 10% p/j van het aantal uitstaande aandelen inkopen en heb je in 2022 de aandelen van de free float opgekocht en daarna intrekken en zijn de FFF en een handvol die-hards de enige aandeelhouders..

Tussen haakjes, als de overige posities in mijn portefeuille blijven compenseren hoor ik bij de die-hards, dan maar via de ondernemerskamer m'n goudgerande bonus incasseren..
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quote:

marathon 11 schreef op 17 oktober 2018 08:51:

[...]
Inderdaad. Je geeft dan wel een stevig signaal aan de markt( of beter de boeven achter computers) af dat de ondergrens wel bereikt is.
Nog een stap krachtiger is dat HG en Taco privé aandelen bijkopen nu.
duprogres
0
[quote alias=Accuboor id=11157592

De 6 euro is een belachelijke koers.
[/quote]

Maar hij staat er wel.
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0
Detail advies

(Trivano.com) - Op 17 oktober 2018 hebben de analisten van Barclays hun beleggingsadvies voor TomTom (TOM2; ISIN: NL0000387058) herhaald. Het advies van Barclays voor TomTom blijft "underweight".
Het koersdoel wordt door Barclays verlaagd van 7,70 EUR naar 6,25 EUR.

Als dit zo is, is dat wel dubieus weer voor een bank die de verkoop lijdt en weet hoeveel de interesse is, en wat er evt al geboden is. Heel vreemd dat ze nu nog voor de verkoop een koersdoel geven. Zou niet moeten kunnen vind ik.
Benjamin G.
0
quote:

Stille vennoot schreef op 17 oktober 2018 08:36:

TomTom's Google Moment
Published on October 17, 2018

Roger C. Lanctot
Follow Follow
Changing the automotive industry for the better - saving lives, fuel, money, time623 articles
Like 10
C
AB @StilleVennoot voor het delen. Goed onderbouwd verhaal richting een passende slotvraag van Robert Lanctot.

"but the bigger unanswered question remains: “What’s next?” How can TomTom reinvest and reposition for a market that Goddijn himself described as “turbulent.”

Overigens blij dat TomTom wat ideetjes heeft wat ze met het geld kunnen gaan doen en ruimte ziet om dit te overleggen met de aandeelhouders. Voor mij betekent dit zoveel als wij gaan niet opnieuw investeren en ons wederom herpositioneren als bedrijf dat gaat profiteren van een leidende rol in de autonome automarkt.
Dokus.
0
quote:

TomTom 25 schreef op 17 oktober 2018 08:54:

Detail advies

(Trivano.com) - Op 17 oktober 2018 hebben de analisten van Barclays hun beleggingsadvies voor TomTom (TOM2; ISIN: NL0000387058) herhaald. Het advies van Barclays voor TomTom blijft "underweight".
Het koersdoel wordt door Barclays verlaagd van 7,70 EUR naar 6,25 EUR.

Als dit zo is, is dat wel dubieus weer voor een bank die de verkoop lijdt en weet hoeveel de interesse is, en wat er evt al geboden is. Heel vreemd dat ze nu nog voor de verkoop een koersdoel geven. Zou niet moeten kunnen vind ik.
analisten en het "bank" gedeelte staan compleet los van elkaar... regel en wetgeving
VanillaSky
0
quote:

Stille vennoot schreef op 17 oktober 2018 08:36:

TomTom's Google Moment
Published on October 17, 2018

Roger C. Lanctot
Follow Follow
Changing the automotive industry for the better - saving lives, fuel, money, time623 articles
Like 10
Comment
The automotive navigation industry had another Google moment, Tuesday, as TomTom faced the investor community for its third quarter earnings call. As is often the case with TomTom, the company’s senior executives were forced to confront unpleasant truths about the state of built-in navigation in cars and the implications for TomTom’s long-term prospects.

Generally speaking the quarterly results were modestly positive, as they often have been for TomTom, which has eliminated its debt and can boast of $179M of cash on hand. The company was able to tout a navigation win at PSA and a traffic win at BMW – likely representing bad news for rival INRIX. As in quarters past, TomTom was able to report incremental gains in the automotive and telematics businesses juxtaposed with incremental declines in its consumer business.

These results were not enough to displace investor concerns regarding business lost at both Volvo and Renault to industry arch-rival Google. Long the bugaboo of TomTom and its duopoly competitor HERE, Alphabet has managed to convince Volvo and Renault to adopt most of Google’s location-related platform assets including Googlemaps, Google Voice and Google Places along with the Android operating system.

The Volvo loss was a shortening of an existing contract and the Renault “loss” was actually a failure to win a particular deal, which TomTom described as impacting only a select few vehicles. But the broader implications of the twin developments was clear and acknowledged by TomTom management as a “user experience” failure.

Such sparkling self-awareness was a refreshing moment of Dutch candor and one that was only partially appreciated by the financial analysts on the earnings call. The analysts repeatedly hammered TomTom CEO Harold Goddijn on the question of “Why Google?” emphasizing business model issues and cost.

Goddijn declined to address the question of cost and side-stepped the issue of business model, while noting that TomTom’s own focus has always been safety, privacy and its own, more straightforward business model. Given Google’s ulterior motives and ability to monetize customer and vehicle data, it is wise to avoid the question of cost as the core consideration. TomTom is not able to compete on cost since it lacks an alternate means of monetization.

So the question comes down to user experience. The financial analysts on the call had great difficulty appreciating the reality confronting TomTom and its legion of competitors throughout the industry on a daily basis: automotive in-vehicle infotainment systems stink! Harold Goddijn knows it and asserted repeatedly that the company is redoubling its efforts to fix it – but there is no question this is true.

Alphabet’s recruitment of Volvo and Renault to the Google platform is a powerful statement that car makers have their work cut out if they want to continue to “own” their in-vehicle platforms. The evidence has been reflected in J.D. Power customer satisfaction reports for at least a decade.

The harder car companies try to deliver clever infotainment systems in their cars, the more frustrated consumers become with obtuse user interfaces, under-powered or redundant app systems and outdated navigation maps. What’s amazing is not that TomTom lost ground to Google but that TomTom, and chief rival HERE and the dozens of competing infotainment hardware and software suppliers, have held on so long.

Automotive engineers and senior managers have been confronting their failures on an annual basis even as they sink more and more millions of dollars into infotainment systems that fail to pass muster with consumers. While Goddijn is correct to admit the shortcomings of current in vehicle systems from every car maker on the planet – not a single one is doing particularly well – he is wrong to question the efficacy of what he describes as the “mobile phone paradigm” for the car.

It is clear that consumers are looking for a familiar user interface – tuned to the automotive environment – but even more important, that they want up-to-date maps, traffic information, weather, parking and POIs. Anything less than accurate and up-to-date information is counter-intuitive and disappointing.

This creates a high bar for car companies and their suppliers and definitely requires an off-board connection for over-the-air updates and hybrid functionality. Too many car companies have failed to provide for these elements.

Of course, the threat of Alphabet’s entry into the dashboard isn’t just about the user experience, which means the threat is even worse than it appears. The combination of growing industry adoption of the Android operating system and the beginning of the acceptance of the entire Google platform proposition is built upon considerations of cost, convenience, familiarity and performance.

The business model proposition inherent in Google’s conversion of privacy to a commodity remains something of a battleground for regulators and both a value proposition and headache for consumers. For car makers, the privacy violation is heretical, but it is a measure of the industry’s desperation to get the in-vehicle experience right that some are willing to make this sacrifice of what used to be an industry catechism: the customer owns the data.

The woeful state of automotive infotainment systems is difficult to overstate and it remains a key Achilles heel for car makers across the globe. Like a back door security vulnerability, the failure of automakers to refine their IVI systems has put a welcome matt out for Alphabet.

To its credit TomTom asserts it is hard at work addressing this challenge. And TomTom is not alone as companies ranging from NNG and Telenav to Continental, Bosch, Harman, Panasonic, Visteon, Alpine, Pioneer and many more are all committed to delivering clever infotainment systems that safely deliver enhanced location information systems to drivers without violating privacy.

What was perhaps most interesting about the nearly hour-long TomTom earnings call was that the analyst obsession with Google obscured the arrival in the automotive industry of Mapbox, which is already working with NNG, Telenav, Bosch and others to bring cloud-based navigation to dashboards. When the single Mapbox question was asked on the call, it was more or less ignored.

Of even greater concern is TomTom’s failure to deliver a map suitable to enable basic levels of automated driving. While TomTom executives recognize the need to create an automated platform for map updating and to improve accuracy – the existing camera-based approach continues to fall short.

TomTom’s Google moment was a wake up call for the entire industry. For TomTom, it may mean selling off its telematics division – but the bigger unanswered question remains: “What’s next?” How can TomTom reinvest and reposition for a market that Goddijn himself described as “turbulent.”
Goed artikel deze man heeft er wel verstand van.
Hij voorspelde ten tijde van het hoogtepunt van tt dat ze waarschijnlijk een exit van 8mrd usd wilden dat gelooft hij inmiddels ook niet meer zo te zien.
En inderdaad eigenlijk is er na verkoop ttt niet veel anders als de rest verkopen aan de hoogste bieder.
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0
quote:

Dutch Fury schreef op 17 oktober 2018 08:55:

[...]

analisten en het "bank" gedeelte staan compleet los van elkaar... regel en wetgeving
En gij geloof da
[verwijderd]
0
quote:

TomTom 25 schreef op 17 oktober 2018 08:54:

Detail advies

(Trivano.com) - Op 17 oktober 2018 hebben de analisten van Barclays hun beleggingsadvies voor TomTom (TOM2; ISIN: NL0000387058) herhaald. Het advies van Barclays voor TomTom blijft "underweight".
Het koersdoel wordt door Barclays verlaagd van 7,70 EUR naar 6,25 EUR.

Als dit zo is, is dat wel bubieus weer voor een bank die de verkoop lijdt en weet hoeveel de interesse is, en wat er evt al geboden is. Heel vreemd dat ze nu nog voor de verkoop een koersdoel geven. Zou niet moeten kunnen vind ik.
Bij veel banken zegt compliance dat je geen advies meer afgeeft als je betrokken bent bij een transactie. Precies om dit soort situaties te voorkomen waar je de schijn van belangenverstrengeling tegen je hebt.
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