Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If there are sells. What do you think happens to the shares. ??? I am assuming you have it correct. Someone buys them. And vice versa. Market makers can also buy them. For future buyers or an order.
But any idea why the sp is rising on sells? Perhaps they are buys being reported as sells?
Given the questions from Edison on the call, I would guess we will get a public Edison analysis of the company in due course, which I would have thought would be a very good thing in terms of seeing a notionally independent and reasonably detailed analysis of the company and its prospects.
Video search and advertising technology provider Blinkx spent FY15 riding shifting sands as part of a necessary realignment in response to shifts within its market (see here for the background). As expected it showed up in the numbers, but so did its progress. While total revenue for the year to March 31 2016 dropped to $167m from $215m and loss before tax rose from $25m to $94m, the Core programmatic products the company has bet the business on are moving in the right direction – and quickly. Core programmatic revenue saw a satisfying increase from $45m to $75m. However, revenue from other core products declined from $59m to $41m so while the total revenue for Core products was up to $116m, (from $103m), there is still work to be done. The Core area of mobile, video and programmatic trading now represents 70% of total revenue and the RhythmOne platform is proving to be a real asset and capable of attracting the all important programmatic partners. In fact, Blinkx made substantial progress, signing up partners across the board. With the technology in place (with scope to grow), a large part of its success will come down to the volume and quality of its partners in what is a tough and volatile market. It also needs to continue its cost control, building on the $40m reduction in operating expenses achieved through the year in order to move back into (sustained) profitability.
....there was a question about cash. In plain terms it was: what are you going to do with it! Reply was on the line of M&A opportunity but they did not further develop. I thought that was a bit ambiguous.
Conference call just finished, much more clarity and plain speaking than previous ones, Dan especially very clear and concise, Brian still manages to make replies to questions somewhat convoluted. Main point for me was that the offset in non core revenues will be more than matched by the increase in core, so returning to profitability y/e 2017.
Was it really a sell - price is up to 19p?
08:53:01 18.0000 1,000,000 O 17.7500 18.5000 Sell yes a sell..
Nothing special,BUT, the market expected worse, so SP back to 20's ....IMHO.
....went through!
I totally agree with you. Having sold all but a smidgeon , I am still interested to see how this all plays out. To me it's always "jam tomorrow", and I agree BM should go or possibly be moved to a management role. Only a takeover is going to push the Sp North in the short term.
Pretty weak outlook :-( Disappointing to say the least.. thought I was used to it but keep getting let down here.. one more quarter? Two more quarters? One year? Possibly a full year.. prove this so called full year profitability.. then we may see some mild interest return. I have to be honest.. if I wasnt an investor already would I really jump in now?? Hoping for a T/O at anything above 35p within the year. We deserve better than this. Going to vote for BM to get the boot.. hopefully a strong message is delivered at the AGM, expecially with Tosca's votes
Share Price: 16.75 Bid: 14.00 Ask: 23.00 Change: 0.00 (0.00%) No Movement on Blinkx Spread: 9.00 Spread as %: 64.29%
They are delivering on plan. No shocks. For the first time in 18 months I feel that we have a sustainable business in the right place at the right time. Investor communication is better. This now might become investable for institutions especially if there is a broker and PR refresh. That should help the share price to rise to the mid to upper 20s which should be the base for much higher gains when further progress is demonstrated. That Tosca takeover will also shine more brightly as time progresses. Look forward to 830 call. All in all, quite happy
Enough said. Great prospects. Well done.
Correction: Current assets are $74m, cash and cash equivalents are $78.5m.
A wordy, but eventually found the paragraph that matters: Cash and cash equivalent remaining is: $74m NAV: $156m current market cap at 17p per share is $97m Intangible assets now $60m, vs $130m previously. Finally, BoD is sticking its neck out to say 2017 will be "return to full year profitability" "blinkx enters the new financial year in a strong, competitive position, with a product portfolio that is well aligned with Industry growth trends. The Company continues to anticipate that FY2017 will be a Period of revenue stabilization, with strong growth in Core revenues and a return to full year profitability1. The Company now has the unique combination of technology, talent and relationships in place to scale both organic and inorganic growth as the Industry continues to evolve and consolidate. With Core product areas constituting a critical mass of revenues, the Company expects FY2017 to show continued mobile, video and programmatic growth. The scale of RhythmMax – in both volume and revenue terms – will be a major driver of growth, as advertisers seek to maximize their return on advertising spend by reaching highly targeted audiences, across devices and formats."
If they keep telling themselves this often enough , they might start to believe it. Another classic Blinkx line. Achieved profitability in third quarter of FY2016, ahead of expectations, which was followed by the usual fourth quarter seasonality; For me the RNS reads just like its predecessors. Jam tomorrow waffle.
08:30 I think. I can't see 9:30 on the TU. To be fair to blinkx I would have thought the "8:30 BST" on the website counted as the "details" for this event and that they would be confirmed along with dial-in details in the 07:00 RNS tomorrow. Any analysts would presumably check directly with Dan or FTI.
At the bottom of the trading update they did say they would confirm to market tomorrows events. As usual Blinkx have forgotten. TU says 9.30, blinkx investor page says 8.30 for web conference. BST bit might confuse s few but I'm going with 8.30am. This is the most important day for blinkx in over 2 years (imho) so it would be nice if half the analysts (only 2) didn't miss it. Anyone know any different?
I honestly feel their are many on this board who could do a better job with investor relations and getting themselves in the spotlight. Lets be honest theres not much to beat.
blinkx really don't help themselves here. Their US peers go out of their way to make their cases at investor conferences. While I wouldn't blinkx to waste money on too many conferences, there just seems to be no activity from blinkx. Come on blinkx. Now you've got the exchange (and Brandy) up and running and are featuring high up in ComScore, Quantcast and Pixalate, get your act together and take the show on the road to US investors (preferably with a namechange to RhythmOne and a plan to list on Nasdaq). Here's a summary of the planned and last few conferences at which peers were presenting and have (or will) put webcasts on their investor relations sites: Criteo Jefferies 2016 Technology Conference (May 12th) Deutsche Bank 24th Annual Media, Internet & Telecom Conference (Mar 9th) Raymond James 37th Annual Institutional Investors Conference (Mar 8th) Pacific Crest 11th Annual Emerging Technology Summit (Mar 1st) Rocketfuel Needham Emerging Technology Conference (May 18th) Credit Suisse 19th Annual Technology Conference (Dec 3rd) Citi 2015 Global Technology Conference (Sep 9th) Rubicon Project B. Riley & Co. 17th Annual Investor Conference (May 25th) Needham Emerging Technology Conference (May 18th) Jefferies 2016 Technology Conference (May 12th) SunTrust Internet and Digital Media Conference (May 10th) Morgan Stanley Technology, Media & Telecom Conference (Mar 1st) TremorVideo Jefferies 2016 Technology Conference (May 11th) Credit SuisseAnnual Technology, Media & Telecom Conference (Mar 12th) TubeMogul JP Morgan Technology, Media and Telecom Conference (May 25th) Needham Emerging Technology Conference (May 18th) SunTrust Internet & Digital Media Conference (May 11th) JMP Securities Technology Conference (Mar 1st) Citi Internet, Media & Telecommunications Conference (Jan 7th) YuMe 18th Annual Needham Growth Conference (Jan 12th) Deutsche Bank 2015 Technology Conference (Sep 16th) Citi 2015 Global Technology Conference (Sep 9th)
Possibly Rhythmone doing something for Neulion (parent of divx). Both using Equinix. https://forum.equinix.com/providers/category/content-and-digital-media
First bit of decent news for a while as far as I am concerned.
Wishful thinking that BLNX might actually embrace PR! Noticed that Divx link. Be nice if connected. As for our valuation? All of it only worth £10M.