The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Really informative video that should settle the nerves of the panic sellers. For me, having watched a lot of the micro cap AGMs and 'meet the CEO's' I think Ian James measures up well. Intelligent, well informed and confident of success.
Https://twitter.com/SharePickers/status/1783741517988847996?t=HbFs9ouKbKA_OqRAyQK5DQ&s=19
Copied from Hatfullofsky with thanks
Google (GOOG, GOOGL) is delaying the phaseout of third-party cookies on its browser Chrome for the third time because of regulatory hurdles, and now expects the process to start early next year. "We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and developers, and will continue to engage closely with the entire ecosystem," the search giant said. The announcement comes days before quarterly status reports from Google and the U.K.'s Competition and Markets Authority on the phaseout of third-party cookies, which will be replaced by Privacy Sandbox technologies to improve consumer privacy.
Regulatory pushback: The phaseout - which will transform targeted advertising - has attracted regulatory scrutiny over concerns that the move could further boost Google's dominance in the digital advertising market due to increased reliance on first-party data and its advertising platforms. The U.K.'s Information Commissioner's Office last week told the CMA, which is overseeing the phaseout, that Google's plan has gaps that advertisers can exploit. "It's critical that the CMA has sufficient time to review all evidence, including results from industry tests, which the CMA has asked market participants to provide by the end of June," said Google. "We remain committed to engaging closely with the CMA and ICO, and we hope to conclude that process this year."
Delay after delay: The company has spent years preparing for the phaseout, following in the footsteps of Apple (AAPL) and Mozilla, which already have options to block third-party cookies on their browsers. Google even began restricting cookies in January for 1% of Chrome users as part of a limited test. However, it delayed its phaseout deadline twice already since it was originally set in 2020, giving advertisers more time to prepare for the change.
As for the Privacy Sandbox that will replace third-party cookies, advertisers believe the solution is inadequate. "Our findings identify multiple challenges to implementation due to limitations in accomplishing key advertising objectives," Anthony Katsur, CEO, IAB Tech Lab previously said. In response, Google argued that IAB Tech Lab's analysis contained "many misunderstandings and inaccuracies." Adtech names to watch out for: Trade Desk (TTD), Digital Turbine (APPS), AppLovin (APP), Magnite (MGNI), Perion Network (PERI), PubMatic (PUBM), Viant (DSP), Integral Ad Science (IAS), and Innovid (CTV).
What Google news was that?
Interesting, appreciate the cashflow consideration but the product remains the same. As you say big corporations will be planning in advance for these things and want to have something in place for when do finally get dropped.
Incoming I would guess.
The Google news will delay things so suggest will need cash to keep things ticking over. Revenue from 4D still too slow and the proportion of that vs services needs to increase massively.
Positive is that all these Blue Chip clients will be doing their Due Diligence and would not sign up if were worried about financial health or at least protect them selves - access to source code etc
Seen it as a topping up opportunity (we'll see if I regret that I'm time)
Barely any real volume theres only a few sellers a most
Don't know! Maybe some stop losses got triggered when the price dropped below £1 causing some additional panic selling.
News inbound or just random panic??
Its not a huge number of trades. Darren CFO leaving felt uncomfortable, as it always does, which may delay results until Chris Ellis gets his feet under the table. Last year we had been updated with Q1 results by now and interims were mid June. It would be good to get a trading update out as SP has slipped 44% from highs.
Chris's job is to confirm or not Darren's numbers and to confirm clear EBITDA positive message from Ian with an update on cash which should be good given the £1m raise late last year. If Ian backtracks on his view it wont be good.
44% drop needs news or it will keep sliding
Any thoughts on latest drop? Seems a limited volume of trades significantly affects price so I am not really too concerned about it.
These Board changes are a huge positive inmy book, the CFO was a light weight and is being replaced by a very capable man with great experience in managing a big successful business. The lady from Omnicom will be very well connected to the biggest US brands. Both of these high profile people will have taken a very good look under the bonnet at Silver Bullet and like what they see. I think someone read this all wrong and got worried about nothing, typical in this weak market but a great buying opportunity in what will be a super growth stock over the next decade IMO.
Results in a month.
Bad timing for cfo to depart. Also previously stated would hit profitability in early 2024. Latest talk is in 2024 so prob related to cfo departing.
I never like the fact that he had no shares(from his pocket)and always a cfo to buy shares in the company with his own money so reassure
Seems amicable, with replacement also announced.
Market seems to have completely overreacted.
Problem is that it looks suspicious when you CFO leaves with immediate effect .
Do you believe the last update or has some shxx hit the fan .
Difficult to judge without any more info .
Does anyone know when the next TU or business announcement will be ?
I agree. Hopefully this will bounce
Board changes look positive to me but markets don't seem keen!
SBDS name 40 blue chip clients and so far Mars is the largest and signed a $2.3m contract for this year. The potential here is massive without any new clients. The renewals are particularly positive because these Companies have used the product/service for three years and are increasing their spend. That speaks volumes for the quality of SB. I'm sure there are new brand wins but they are unlikely to start will a multi million dollar deal. I agree they will be bought out as often happens with cutting edge UK companies.
True e but why would a big player take years replicating when it could use loose change to snap SB up. They will take years to replicate plus have to find the expertise.
Spend 40-50 million and they have a ready made package 2 years earlier than it would take to create. Along with some blue chip clients
I agree with both of these last posts, but I have a nagging doubt. I just cannot envisage these huge American tech giants just letting Silverbullet do it's thing. Maybe a takeover, or how hard would it be for them to replicate? Not very imo, but we shall see.
At the moment it's just contract renewals though, they badly need some new business.
This little Company is achieveing great things but almost nobody is taking any notice. Sooner or later they will and SBDS will be a big winner imho.
Sooner or later, their position in the market post cookies will be very powerful and the blue chip client list demonstrates the
huge value here. All time high 330p, recent high 190p, both will be taken out this year imho.
Hardly the disaster narrative you're trying to portray David. 12 trades totalling £21k.