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Hi Rusty I saw your post earlier and it bought a wee smile to my face, so here goes. Everybody and anybody please feel free to correct me if you feel I have got it wrong or bending the facts. It is not my intention, but I'll try and cheer up Rusty! Ok Rusty from your posts I've read in the past it's been obvious you were in very early then went to work? Hence the sp at the close! I'm sure you as well as many others have caught up with the earlier webcast today and have formulated your own view points......but bear with me, this is for Rusty. Ok rusty, guess what...? Yes we are still unprofitable and making no headway whatsoever, we've spent all our money on buying silly companies and we have had to write off $80 million too boot. Well that's if you believe all those young inexperienced late 20' something's who have hastily rushed out their reports littered with the usual typo errors of misrepresentation. However they are right that blnx has issued another verified continuing trend of profit warnings? We could also say that "we told you so?"........ Blnx are still far from profits some 21 months down the line since the wholly biased and rather unflattering blog that "Ben Edelman" produced for a payment in kind knowing that the verification standards at the time where also non existent and he could not be proven as could they at that given moment in time in any court of law. Weather it be the Supreme Court or the Court Justice.
Thank you for your reply. It's good to know that there is a dialogue that is open through genuine investors that still have an inroad to satisfy our curiosities, it's most welcome and I'm happy that blinkx are happy to respond to genuine enquires from investors who are working hard to share all honest and open communication that is available, and many thanks to you all!
Blinkx losses balloon as it writes down $32m on flagship product Financial Times http://www.ft.com/intl/cms/s/0/e07070be-8d15-11e5-a549-b89a1dfede9b.html#axzz3rSNV4HEt
Think I will as well🌹🍻
Please, someone, post the webcast computer address. thanks
Seconded, sums it up nicely for me. Think the BB will probably have quite a few choice remarks today, so I will stay out of it. GLA
On a closer review of the Interim Report, the most interesting fact ,apart from the impressive partnerships and strategic shift to mobile and other platforms, is the calibre of the new Chairman Raj Chellaraj who is a Associate Dean in the Business School in Stanford University (from which many of the great and good of the Tech world have graduated) and former Assistant Secretary of State for Administration in the US Department of State. He obviously has huge connections in the Tech industry and in the US Government as well as the Republican Party. He has not joined Blinkx on a whim but must believe in the future growth of the company. I feel a lot more relaxed after reading the Statement in detail and listening to the Webcast. The reference to the increasing consolidation in the AdTech Industry is very pointed and suggests Blinkx could be a significant player in this development.
For the future and the jam train will arrive come the next set of results,Blinkx have turn the corner since the BE and the sh-t he come out with and his idiot friend TW .
1. First, these guys really need to go on some "speak normal understandable English" course. 2. It's all about the execution now. 3. They're hoping to capture some of the election ad spend next year. Let's hope these guys can execute...
I don’t think the BOD have shattered anyone’s expectations as the fundamentals are pretty much in-line with the Octobers numbers. We can interpret & spin the latest RNS figures in a positive or negative way BUT the bottom line here is whether you are A BELIVER in Blinkx and what they are doing OR NOT! We will learn the FULL FACTS (that matter and are proven) within the next 12 months or so. Until then, we are all ‘spinning’ according to whether we belong to the Believer OR the Unbeliever camps !!
Shaggy you have been here long enough to realise that whenever these things are reported there is an initial spike and then it normally drops considerably. It hasn't today ( yet ). Lets see what close brings. Quite surprising that people expect fireworks when you have an insight a month ago. Unfortunately at work so haven't had the time to pick through the bones and cant listen to webcast. Hopefully someone will and maybe give an insight later.
At the AGM they said 1R had just been turned on and was only cashing in on 1% which made it breakeven
Bouncy. Jam tomorrow is fine. I can and will wait. My post wasn't really aimed at people who post factual information and have a balanced view. That's fair that's fine.
Facts, they've cut costs, TOSCA and Griffiths are highly invested, they still have money in the bank... I'd say they've turned things around pretty quickly in light of the huge changes. No one should be disappointed at a lack of sudden huge profits since the last results. I'm sticking
I'm not being negative, I'm being both factual and realistic. It is a jam tomorrow story - Fact. The greatest positive I glean from the results is: 'The platform is now integrated with over a dozen of the 40 largest Programmatic partners globally, with several others underway and targeted for completion over the next 6 to 12 months. This volume of impressions is currently being monetized at a rate of less than 0.5%, - representing an inherent growth opportunity for the Company, as additional Demand integrations are completed.' Blinkx historically monetized 15% of their impression volume, so if they can get back to this ratio with the enormously expanded programmatic supply network they now have - do the maths - it's huge. But huge jam tomorrow.
The figures seem to be in line with what they said in October but it's good to see them jettison all the deadwood once and for all and it's also refreshing to see that the major growth areas for once are where we have been focusing on over the last 18 months so plus all the cost-cutting measure measures. Here's hoping as they start to ramp up these areas so will the profits come
The market clearly doesn't agree with you Rusty.
Well said Rusty. I am reasonably happy with the way things are going. I just hope that the private investors share in any profits and that the company is not bought out from under us.
Cant believe the focus on the negativity. Think some people should bale out now, Nothing about new partners nothing about google and all the companies they have signed up for. Yes there have been writedowns, buts that's commonplace when a company is looking to "start again" revenues up. Loads of agreements signed. Writedowns are for theaccounts not cash. Of course I am not happy I want profit, I want a healthy share price, but I do not believe its the total dom and gloom some are saying. No mention of the 10m reduction I costs, surely this alone will mean profitability next year and that's without any new partners. Not mind blowing but not entirely unexpected as this is just publication of what we were led to believe was happening a month ago. Amazing that people can post every little snippet of negativity. And GDOG is still to come. Heres a challenge/ Someone post some positivity.
Over on iii the oracle(s) (big bear and sobeit) reckon these figures are pretty good stuff after all, so I guess I was wrong when I suggested they were a bit underwhelming.
I can guarantee the headlines from the media reporting on these results will be; 'Blinkx reports operating loss of $80 million'. Sweeping the decks - yes, but still a jam tomorrow story...
I liquidated my holdings yesterday. Just don't trust it. At first I thought it's not too bad, then I realised I had the columns the wrong way round. Back down for a double bottom I think.
at 13.45p per share approx. And falling.
Any sign of that 'inflection' point?
What ridiculous comments you make Horsetrader.