Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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The upfronts are always held in the middle of May each year and had been the sole domain of television networks. The aftermath of the upfronts kick off an AD BUYING FRENZY in which television networks and marketers, negotiate and allocate billions of dollars every year.
This year that may not be the case with AmazonAMZN +0.7%AMZN +0.7% joining NetflixNFLX -0.3% and YouTube in scheduling a presentation to the advertising community during upfront week. For over a half century, the TV upfronts have been an annual event in the increasingly less relevant broadcast calendar. The appearance of Amazon, Netflix and YouTube, is just the latest example of tech behemoths' strategy of siphoning off ad dollars from legacy media and upending their revenue model.
Hi saxman303,
I'd sure love to see some figures to, but all its going to tell us right now is how much cash is left in the bank & rear view revenue numbers. That will help give us a sense of how long the current cash will last nothing more.
What it won't do though is tell us what's going on right now or is projected to happen over the next few months revenue wise.
"Programmatic" is the key because if you look at the Presentation from August 2023 page 16. That explains the massive difference between "Manual" mode where 30 campaigns with one broadcasting partner would bring in $10M of which we'd get $2.5M less costs etc compared to "Programmatic" where a CTV partner might bring in $136M (once fully up to speed) of which we'd get $34M less costs or a SVOD/AVOD partner which would possibly bring in $100M or $25M to Mirriad less costs.
The differences are just massive in scale. Even with "Programmatic" just starting to build up sales it would be no time at all before it passed what "Manual" can give us.
So all eyes should really be on learning if Programmatic is still on course with that 1st Customer & when Clients 2, 3, 4, & 5 are likely to go live & generating revenue.
I think 2phevs is so right that we've missed this "Mirriad's Inside" stuff, its only now that the Amazon piece of the puzzle looks to be fitting into place, that we can see they are working inside a number of these massive players & have been for sometime without us comprehending it.
If & its still a big if right now, Amazon & going live with Programmatic & it starts say 1st of June, then its a total game changer, the revenue stream will increase considerable in a very short space of time.
LOTM
Fascinating read from March, so its old but its about Amazon & upfront 24
https://www.forbes.com/sites/bradadgate/2024/03/04/more-video-streamers-are-invading-television-upfront-week/
Lots of $ amounts talked about in the article
LOTM
I will be glad when the company puts out a RNS then we can see how there are doing financially as it will make the research that some investors are doing pay off it reminds me of the YU ENERGY board before that share price shot up
IAB NewFronts has started & runs until Thursday 2nd May.
Probably need to be paying attention to this - given the names appearing there
https://www.linkedin.com/company/iab?trk=public_post-text
Oh and Triplelift (partnership announced in 8th April RNS ) are up on the 1st of May
https://www.linkedin.com/posts/iab_newfronts-2024-may-1st-activity-7189744743185088514-0NbT
"A New Way to Advertise in CTV, powered by Triplelift, with"
LOTM
Hi 2phev's,
I'm pretty sure this has changed in the past couple of days, but unfortunately I didn't record how it was laid out previously. Maybe you did ?
https://info.mirriad.com/multicultural-advertising
Diverse - Targeted (16 Displayed 5 - 6 - 5 with 5 to come)
Bet+ Bounce Aspire Univision (WAV) We are verified
Influential Def Jam 2B - Tube Mahogany 300 Tastemade
Taste Life Villiage Road Pic SM Entertain Universal Pivtl
Coming Soon = NGL Mitu Vevo OWN My Code
Diverse - Owned (18 Displayed 6 - 6 - 6 with 3 to come)
Ebony Hartbeat TSR 88^ Caracol Create Culture
PoC Studio Richmusic Fuse ODK 360 Gemelli
Remezola VHT iTalkBB Nivana Revry Canela
Coming Soon = LNTV Revolt Equalpride
LOTM
TheSoundMan,
Before Friday, there had only been 6 days since late January where the daily volume has topped 5 Million shares (ie 1% of the company & if you half it for buys/sells its only 0.5% of the company changing hands).
During that period there has been 4 announcements that might have brought day traders here in big numbers but hasn't really materialised yet. The 4th March announcement peaked trading at just over 13M the next 2 days saw reasonable volume with the last of those being above 5M then quiet again. The 8th April RNS got peak volume of 19.6M followed by 6.1M the next day then less than 3M after that.
As I said its gone totally under the radar of virtually everyone.
You know the day traders are going to arrive at some point, its actually good because they will push up the price & those wanting or thinking of selling will do so (weak hands). The day traders will sell out in the near term & thus the stock becomes available to pick-up at a lot less than the spike.
Your always hoping that one or two will stick around & see the long term value, as that stops the price from falling back, which right now is what your looking for because this will look very tasty to some of the (SSAI and Playout / SSPs / DSPs) out there not to mention Content providers etc as a very cheap takeover target. Some of the Advertisers might think of it as a target as well, as it would lock out competitors etc if they wanted to, yet get them revenue from other sectors of the Ad market. Ad agencies possibly as well. So personally I think it could be a target from multiple different angles (2phevs might disagree I don't know) & that's my fear, not getting anything like proper value for it.
Bring on Tomorrow & lets see what it brings.
LOTM
Great find. This is getting really interesting.
What we need though is a steady constant SP gain rather than big spikes and the traders wading in and out.
Holding my small holding of 195,000 shares till the dream price drops in
Hi saxman303,
Not sure they both are buys, looks to me more like they found a big enough seller (1st trade) to fill the buyer's order (2nd trade) & pocketed the 0.03p difference, would be my thought but could be wrong.
Anyway some decent volume & some new long term holders have come on board which is exactly what you want, when your in for the long haul.
Good Luck
LOTM
So now we can tie that up with
Amazon Morning of 14th May
https://deadline.com/2024/02/amazon-upfronts-advertising-streaming-may-2024-1235834468/
& that should be one of the big reveals.
Exciting times ahead for sure :)
LOTM
Hi 2phevs :)
The link works :)
But I only get the see like (with 4 thumbs up above in blue) & if I click that takes me to a LinkedIn sign-in page unfortunately :( Its probably because I don't use LinkedIn or have a login name.
Sounds like a fabulous find :)
LOTM
Two massive buys before close any thoughts
Philip reposted the Upfronts post today and this senior AMZN guy that been working in this division since (funnily enough) 2022
Just click on the post and click likes the guy is Paul Andrews just look at his AMZN profile shout they've been building then testing for the last few years and Upfronts is the release can't wait
https://www.linkedin.com/posts/philipmattimoe_mirriad-in-the-tv-upfronts-2024-were-activity-7190651385741291520-llx7?utm_source=share&utm_medium=member_desktop
OTC ticker MMDDF.PK imagine if someone could highlight the stock to our friends the other side of the pond.
Approaching the strongest period (apparently a "run up to a golden cross") should hit 3p in May...7minutes 32seconds on this YouTube video
https://youtu.be/umxk6nphRNg
I'm not sure whether to be peeved that the 200k block seller is dumping into and killing a sustained rise, or to be grateful to him for bringing the price back a little so I can can carry on building my initial holding LOL.
I think I'll wait until this afternoon before adding further in case he'd like to through a few more blocks away.
Hi 2phevs,
Thanks for that. [that gives me something to work on :) when I next come across them]
Ok those weren't the names I saw for sure.
The NBCU is totally new its getting its first introduction - its got like a ii or such like in the 4 letters that is sticking in my mind.
OK LOTM
NBCUNIVERSAL's AdTech platform is called ONE
Disney's DRAX
Fox's AdRise
These platforms have been developed over the past few years and could well be the white labelling you mention they're not going to miss out the extremely efficient, no logistics required, no on set issues virtual product placement that Mirriad has highly patented...Look for the "Mirriad Inside" on recent RNS's pretty sure they've been integrating their API everywhere.. which links in with the non disclosure policy
There could be some prepaid licences which could explain the extra cash (IMO) they had at year end
Hey up Troajan GLA
2.35 paid there 2phevs
Ok 2phevs,
I'm really going to test you out with this one, now my braindead head has remembered what I wanted to ask you !
In the links I was finding & posting last night about the running order for Upfront 24, there were a couple of funny references to the names of the products especially the NBCU one that I can't find the link for it was like 4 letter that had no tie in with Mirriad that I could see, as well as another of the major Content providers again no link.
Then when i going through the shareholder lists, I noticed in the annual report that it talked about "white labelling" the Mirriad product for the individual Content providers !
And I'm now wondering if its "white label" versions of the product that are going to be appearing or ones with Mirriad all over them. It doesn't really matter we still get the future revenue from what we do.
Thanks
LOTM
Hi LOTM
Ref your musings re how MIRI might finance any cashflow shortfall, the new CFO has a great opportunity to use his expertise (and may have been brought in with this consideration in mind, amongst others).
.."Nic brings substantial equity capital and M&A experience from UBS Investment Bank and HSBC, alongside vast small and mid cap-focused public markets experience from Singer Capital Markets and CFO roles with Byotrol and Bannix Acquisition Corp. in the US..."
His 2.5m options have a strike price of 3p and vest over 3 years.
Let's hope it's a truly 'golden hello'.
GLA and ATB
Hi Saxman303,
A very simple plan to be honest, I'm sure there is going to be a lot of news flow in the coming month for example, so once I have got that trading parcel it will be a case of selling once the day traders arrive on news & then buy it back a couple of days later when the froth has gone & just rinse & repeat it. Re-investing the profits to add to the 1M long term pot.
LOTM
The Sound Man
Always frustrating first thing but you’ll get your opportunity to add properly at some point, mid afternoon is often quieter.
I feel anyone building a decent position sub 3p will do extremely well, as has been pointed out here before, the big boys have much higher averages.
LOTM - well done reaching your first target.
Yes, I saw your posts elsewhere, very honest & thorough - you’re an interesting investor with thorough knowledge.
Keep up the good work.
LOTM-13 what is the trading strategy that you will be using to add more