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Sisiteract
childish?..bickering? eh? ...how odd....
"I get the feeling this might be a chat board where alternative views , interpretations and pointing out possible problem areas may not be tolerated by some"
.... not tolerated ?? oh dear oh dear
You felt the need to split hairs about telling me Amazon and Bird were vastly different..as if that isn't obvious and barely the point of the use of their example ....you split hairs and be "childish" if you look it that way ....
you make a good discussion and fair points for discussion .....the only difference is I think you are a bit more cautious about what you believe the value of what BIRD has , is..... you were cautious at 30p(which is fine) and now the SP is 36.50p ....a 20% uplift ...The CEO has grabbed 528,000 shares at 29.50p
Unfortunately text leaves the poster to interpret the mindset of the writer which is easily misjudged as a result of the medium we have to use ....
Good luck with your decisions ... you are very welcome to post your interpretations.
This is all a bit childish PokerChips. You know the point I am making without splitting hairs over interpretation and context. I'm sure none of the other posters are interested in us bickering.
You say the value is in the IP. Do you know what the IP is? Is it Copyright, Trademark, Design, Patent or whatever. ?
As a short term investor currently I haven't looked but if I am considering bird longer term I would be investigating the IP in detail. It's one thing having IP, its quite another thing having the legal and financial resources to back it up it especially in the USA so I trust bird have been pretty thorough. If the opportunity space Bird is working in is as great as we think then you can bet your bottom dollar that the brightest technical minds in silicon valley will be working in it. So lets hope the IP is tight.
Be careful in thinking you are investing in a product. We don't... we invest in the management of a company.
Anyway, I get the feeling this might be a chat board where alternative views , interpretations and pointing out possible problem areas may not be tolerated by some. So this is my last post of a short association and I will bow out gracefully. Sister A xx
" The market cap reflects many things including a valuation of the company including a consideration of the perceived value of the IP. "
the MCAP reflects the day to day tradingof buyers and sellers......the valuation of the company comes really from what a buyer may pay for it....and shareholders will accept
No I don't know the value of the IP.
No-one knows the worth of the IP. The value of the IP is only worth what people are prepared to pay for it. ?
If you know the value of the IP, please tell. ?
There are plenty of very deep pockets in the states and elsewhere that are fully aware of birds IP and have been for a while. I don't think we are aware of anyone circling are we. American Tech companies are the most switched on .... on the planet.
Wouldn't they have swooped by now.
The market cap reflects many things including a valuation of the company including a consideration of the perceived value of the IP. Personally and by most accepted standard formulas bird is over valued. It hasn't stop me investing though... albeit on a short term strategy until more info and financials become available.
Sisteract,
I really dont think you know the worth of the IP....that is what BIRD really is...a company whose worth is in its IP....
There is no way you would sell that for the kind of value you seem to believe
Well, we are now on the OTCQX and IM interview on Private investor was interesting. Bird have a very good story to tell but someone has to tell it. They have been very good in attracting investment interest in the UK but now they have to do it where it really matters in the USA. They can't rely on their partners/clients and they really need a strategy to shout it from the roof tops so hopefully they have a planned PR and marketing strategy in place for the USA. IM did say in the interview
that he planned to increase the team out there and I guess this is where JH earns his corn.The listing on its own will do nothing. I'm enthusiastic about that but temper my enthusiasm with the fact it is a software company with a 90% margin and no debt that has been loosing money with an unrealistic Mcap. I certainly I hope they can exploit the undoubted growth potential.
With the OTCQX listing, we don't know how many shares the US brokers have bought and how many ADR's have been pre-ordered ....so...difficult to see what the price effect at the start will be...but ....it is almost August so...doubtful much will happen until the Autumn....
If the ADR's take off and the demand is there....then the brokers will buy more of the UK shares , as a result...
We don't know how many brokers have indeed taken up the shares ....
They are in the OTC market so..you have to order from the broker...hence "over the counter" market ....
but..they may well be picked up by a tech ETF fund ....which is a distinct possibility ...
If they do well then they would then probably appear on the market leader boards and attract attention
"Amazon/Bird are vastly different businesses "
Of course they are ...you appear not to see the point..
We will be entering August, a quiter time on the markets ..so ..some summer selling may occur....but that doesnt chamge the business direction..
Good luck with whatever you choose to do
Pockerchips. I understand the point you are making I'm not sure on the comparison. Amazon/Bird are vastly different businesses, vastly different figures and serving very different markets. There is no doubt that the financials as known do not make a good story but I invested on the potential wave underpinned almost entirely by sentiment and I could see some traction in the USA. The marketing/PR from Bird has been brilliant. The comes a point though that fudamentals will be come more important so until there was more clarity on the financial performance this was always a short term/take the profit investment for me. My own view is that the positivity surrounding the OTCQX listing is now built in so I personally wouldn't be suprised to see a fall in the near term unless more posive news is forthcoming. I may be way off of course but it will interesting to see. !
Are we to assume that the US investors will be buying ADR's, rather than the actual shares, from the investment bank/broker holding the shares ?
Is the ADR going to be 1:1 with the share..or split , say 3:1 ?
U.S investors will look at the likes of $AVID valued at $1.7billion.
They will look at Blackbird’s technology l, and see that it’s cloud based and allows you to edit from any browser on low bandwidth, so no need for $AVID’s expensive on premise hardware.
Then they will look at Blackbird’s margins which are around 93%.
Then they will BUY, BUY, BUY.
IMHO/DYOR.
Sisteract
I said the loss was meaningless in itself....the value of the business was improved by far more than the 1.9m loss...
Amazon lost money for years and years because they invested far money than their revenue....but...when the revenue came they had so much infrastructure in their posession that the revenue jumped exponentially..
It is all a matter of whether you believe in what you are creating
U.S investors will think differently, in my opinion.
Bird for me is a very good product, a very good story, well told. But it doesn't have strong financial fundamentals. That's really why I took some profit. IM is excellent at PR, in fact one of the best I've come across but he is looked after handsomely for running a loss making business.
I'm not sure I am with you that a loss is meaningless. That's the only way to business growth unless they are taken over or there is fundraising. You can't keep losing money. In fact with the continuous flow of good news this year and the clients they have I think as a shareholder in a business with no debt and a 90% Margin I would be very disappointed if they didn't make a profit this financial year.
During the year, Blackbird announced key partnerships with Tata Communications and EditShare, executing against our Original Equipment Manufacturers ("OEMs") strategy, where Blackbird will be sold as an integral part of a larger end-to-end media solution. The scale of these deals will be seen in the near future as their respective sales teams sell Blackbird to end customers. Post the year end, we are delighted to have added EVS, a key provider in the live news and sports industries, to this list of global OEM partners.
Sisteract.
That’s why they are going the OEM route.
The likes of Tata Communications with the bodies and deep pockets are doing all the selling.
Disney already know about BIRD or they should - they own half of A+E Networks which landed and expanded with BIRD. Amazon is helping BIRD with their Public Cloud offering due later this year. Google have also met them. But as IM said recently whilst BIRD can react very quickly big corporations have lawyers and other advisers so it takes a lot longer to do a deal with them.
Oh..for me ..I think BIRD has only just started to show its real potential...there is an enormous room for growth in the next 1-2-3 years ...look at how they are capturing major names such as Univision,RTL,EVS, BT,Bloomberg , Teta Communications ..which are "land and expand" contracts which will really grow in revenue terms
In terms of human resources.....Ian is a very smart guy and realised that looking only for 3 year type contracts with potential to grow each contract from within....meant they don't need a massive sales team ......they have a smaller sales team and more resources available to provide the support each contract name needs....more efficient and less costly ....
They are also now in a position where the big names come to them...they are very much on the radar
I think it is only a matter of time before one of the big names in the US such as NBC (Comcast) , Disney,Discovery, Inc, Adobe, Amazon etc take a look at the work BIRD is doing... and with Stephen White and John Honeycutt on board the contacts are there to be made ..IMO
" 1.8m loss after tax" ..is meaningless in itself.....you have to look at the investment going into the business and what the cash is being used for....
This is a company with no debt .... and in a year or two likely to be in profit ... IMO
I'm only a recent shareholder but I really baffled by all this which is why I took some profit recently. Last year the company made a 1.8m loss after tax and is currently valued at 120M.Its operating costs were greater than its income. It doesn't make the slightest economic sense and it is some premium to pay for future growth. If bird is the greatest cloud video editing product on the planet it would make sense for the big players to be circling now not next year or in the future as there is substantial proof of concept already.
If bird are going to substantially grow the Business as they talk about then the relatively small human resources they have will need to be increased and additional financial resources
It seems we're all pinning our hopes on the Amerians really getting hold of it. If they do we could end up anywhere.
It will be interesting to see how it moves on in the next three to six months.
How far can it go is pretty much depends on how long would you be comfortable to wait.....and as always impossible to really predict, HOWEVER, with a year or maybe 2 I wouldn't be surprised to see a price near enough to 100p IMHO.
As always opportunities will be there to trade few and bank some profits (which is something I always do....) but overall my target is always increasing my holding here as it's one of my favourite stock....certainly a company that going places.....again IMHO.
GLA.
how far can this go? im in free now here having sold half my portion, but just not sure how far this can go under current structure... I had a target sell at 40p and its almost there again.
UK market manipulated full stop but I will sell a 10 pounds tar
Been in from the start. It really makes my ink flow that BIRD NEEDS A 2ND LISTING TO GETSPMOVING CORRUPT UKPLC
My view is that the sp rise is almost completely due to the OTCQX listing. For a company who majority of turnover comes from North America it was the obvious step.Generally speaking international companies see a 20% to 40% increase in trading volume on their domestic markets in the months following a OTC listing. It also helps that American Investors are more seduced by growth potential than financial fundimentals.
I think it's combination of the latest news and what's to come of course but like I said yesterday it seems like the big trade on Wednesday cleared the path for the share price to jump, exactly what we having now.....long it may continue....
GLA.