Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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.
Here's the Bidstack link
Also showing in broad day light how the Directors came up with a plan to shaft all the shareholders without doing a raise
https://businesscloud.co.uk/news/bidstack-ceo-sets-up-private-firm-due-to-public-market-headwinds/
Class action being put together now City AM reported recently
Yes this website has a different volume figure to Mirriad's website, LSE and Hargreaves Lansdown. The trade went through and on the day it affected the spread
You're talking more nonsense. The pipeline is all the discussions they have so initial meetings that then turn into pitches and take time and given most of their activity happens back end of the year that's when whatever they convert from the figure will more than likely take place. Honestly, you should keep your fanciful predictions to yourself. If they thought they'd get anywhere near that revenue figure they would have their broker issue a guidance note. You've clearly never worked in this space or understand the machinations of PLCs, like a few others on here I hasten to add. Be careful as your fanciful predictions and ramping have likely suckered in the less experienced (who tend to frequent this BB) and they'll be suffering large paper losses. I understand you're massively overweight in here so are keen to ramp but watch what you write for the sake of those wet behind the ears.
Thanks LL try to stay away from there strange that the actual LSEG is wrong as well
Just on Bids and I have direct experience of this try to put sponsorship on footballers socks many years ago and got shot down by the head guy at Real Madrid in a La Liga presentation in Madrid because of their special all encompassing deal with Samsung which lead to all the smaller clubs not benefitting from the proposition
I believe Bids main proposition failed for the same reasons see below
Sports leagues and teams have long been identified as enterprise customers of Bidstack’s platform. Until now, Bidstack and its competitors have been unable to monetise sports games within a fully licensed virtual stadium or track due to restrictions from official sponsors,” Bidstack stated.
“By placing control of brand activations in the hands of relevant leagues and teams, these virtual stadiums or tracks become available to the owners of their real life counterparts. Bidstack would act purely as the technology provider, empowering sports teams and leagues to reach fans within their virtual stadiums or tracks with a level of targeting and flexibility that has not been possible before.”
Fair point on the pipeline however if you take that a qtr are converted £700k and the same pipeline for this qtr with qtr converted that's £1.4 mill revenue in the quietest period wich is triple what Mirriad did in H1 last year which nearly ties in with a four fold increase in the last eight months in product placement according to product placement blog
If that continued for the year with just manual that would equate to £7.2 mill for the year
Go to advfn and you will see 3 trades. You will also see the volume here is wrong.
Would you mind pasting a print of them or someone else as I can only see 2 one a minus and one a plus I've looked at all the trades on LSEG website and can only find 2 x20 mill trades same as on here
That’s the issue with you 2phevs you post inaccurate info. Like saying unweighted pipeline (anything in their sales cycle so very loose) was booked revenue. You need to be careful as some unsuspecting naive members here may be silly enough to buy as a result of your info. As I say, best to stick to RNSs.
You now assume Amazon is using Mirriad’s platform when mirriad itself said 12 months ago they and others had developed their own. Best to stick to regulated info.
No it didn’t. There were 3 trades. 1 sell went through as 1 was cancelled.
03-May-24 15:10:53 1.25 20,000,000 Unknown* 250.00k O
03-May-24 15:53:44 1.25 212 Sell* 2.65 O
03-May-24 15:10:53 1.25 -20,000,000 Unknown* -250.00k O
I believe (if you look at the trades tab the 20 mill got immediately cancelled
That’s a very good comparison. BIDS worked with superb partners, was game changing tech and the leader and raise after raise with carrots always dangled and then everyone looking back inevitably shafted including IIs. It’ll be interesting to see who dumped 20m at 1.25p. I wonder if the entity has more to dump. You would think once the shares come to market it will struggle to get into the 2s while profit taking happens. Anyway, best to switch off until Tuesday.
I’ll keep my meagre 500k but if it gets near to 2p will consider whether to sell.
This has Bids written all over it.
The diehards there, were posting ad impressions increasing every day. Bids was working with all majors. This went on for years.
Until the ground finally gave way and shafted everyone. They were due to sell this last year because it had no way to generate money and no one bought it. Now it's the hottest thing, apparently
Smells of bids.
4 types of Tech were touted at Newfronts VPP being one of them
Independent article
📓 The Creativ Brief: 2024 NewFronts Recap
https://www.linkedin.com/pulse/creativ-brief-2024-newfronts-recap-wes-morton-hutac?utm_source=share&utm_medium=member_android&utm_campaign=share_via
Thought I'd taken LL's advise when I first saw this but no it's real.... the CTV Lead, Agency Exchange Partnerships at Google just suggested that Mirriad should be put on a list of top exciting early stage CTV AdTech companies that they've come across recently...
Here's the person
https://www.linkedin.com/in/esrabacher?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Here's the post that she suggested Mirriad go on
https://www.linkedin.com/posts/paulgubbins_ctv-streaming-avod-activity-7192192489095675904-wuTN?utm_source=share&utm_medium=member_android
Enjoy your weekends all. Maybe try some shrooms. If not come Tuesday read past REGULATED RNSs as opposed to making yourself feel good re LinkedIn or indeed look at their LinkedIn posts from 3 years ago. Same old.
Anyway, a good weekend to all.
It cut the last bit short it should have read
Nic Hellyer, CFO at Mirriad, said: "Our operating profile is changing fast. Revenue generated in 2023 reflected the fact that the business was still operating in 'manual' mode, with less than 10% of the key US market. With the majority of that market now under contract or in serious discussions, a firmer starting pipeline for revenue and multiple programmatic integrations underway to change the way inventory is sold, we are focused on delivering a substantial improvement in performance in the current year."
LOTM
2phevs,
I would take that with a pinch of salt, they don't want the Nomad looking into all that has been going on.
There is no trust with shareholders, that went out the door with this ridiculous fund raising.& the comments there happy to make else where but not in an RNS.
I would strongly encourage you to contact the Nomad & everyone else to do the for that matter. The August Presentation & what they have said & portrayed simply don't add up.
Not to mentions posts about profitability & blast off rockets.
From24 Jan Statement
"Programmatic testing continuing with five partners and is on-track to contribute to revenue starting in H1 2024."
"these new Agreements mean the 'Mirriad-inside' strategy of integrating in-content advertising as a new standard advertising format across the entire TV and video media ecosystem is now gaining significant traction, ahead of plan."
By mid-2023, market building in the US had resulted in a total Mirriad roster of over 60 partners, representing around 8% of the US TV advertising market. This increased in Q4 2023, with the addition of a further 17% share via Agreements with two significant new partners. The Company is in active negotiations with two more majors in the US representing an additional 30+% of potential market share, and there is the prospect of further notable additions in the first half of 2024. This represents a phase-shift in the scale of new partners - Mirriad is now signing US 'majors' and 'super-majors'.
Accessing this significant level of market share with partners who distribute premium content to large audiences across their linear channels and streaming platforms signifies an important moment in scaling the new advertising format that Mirriad offers. The Company is also at various stages of programmatic integration with five key media players in the US market. Activation with the first of these partners is expected to occur in H1 2024.
2023 trading update
Total revenue for FY 2023 is expected to be approximately £1.8m, representing a 31% increase on FY 2022 (on a like-for-like basis excluding revenue from China). Approximately £1.4m of this was generated from the all-important US market. The Company closed the year with a cash balance of £6.1 million, with outturn average monthly cash burn in the second half slightly improved over management expectations with efficiency improvements achieved ahead of plan.
Nic Hellyer, CFO at Mirriad, said: "Our operating profile is changing fast. Revenue generated in 2023 reflected the fact that the business was still operating in 'manual' mode, with less than 10% of the key US market. With the majority of that market now under contract or in serious discussions, a firmer starting pipeline for revenue and multiple programmatic integrations.
LOTM
Now looking like fat finger trouble !
3 x 20M all with the same time stamp & size.
LOTM
Not to sure seems like they're very close this is a bit of a reply I had from Stephan back in March when I pushed on disclosure
We are well aware of all the AIM rules, we are controlled by our great Nomads at Allenby, and -as I’ve repeatedly said- we are very grateful for the trust from our shareholders.
I hope this helps!
Best
Stephan
Bit of a mickey take "trust from shareholders" bit hey LOTM
#MATESRATES
I think we should start
I hope other's follow suit & get in touch with the company & the nomad to make it very clear to both of that this is totally unacceptable. They will soon realise the mistake they've made.
You could virtually copy 2phevs post & just adjust it slightly for your own situation & any additional questions you might have.
I can tell you for sure that I've gone much further than that & I've reached out much further than that as well.
LOTM
2phevs,
No worries on that front.
I would suggest you contact the nomad as well & make them aware of your concerns, I certainly have. Especially around what has been said through other channels & not through RNS disclosers.
I've also pressed the Nomad on there belief that the terms were fair & reasonable to existing shareholders.
LOTM
2phevs I can see your 100% onboard mirriad
With you much conviction in this company
You mentioned yourself +2
So your heart felt investment has also convinced family members.
This is why investors are leaving UK stock market in droves, people have lost too much.
Something has to change
I've used a few of your points LOTM hope you don't mind
Good questions there 2phevs.