Member Info for cminhinnett

Wouldn't surprise me, if the buying continues, definitely

Relentless buying, make that 7.8m purchased in the last hour, people starting to recognise the potential here.

Well since they dropped it to 0.55 Ask to clear the 4.6m dump, there has been 6.7m purchased so that was mopped up quickly, onwards and upwards now.

Well there is the reason for the drop, a rainbow chaser dumping about 4.6m shares at 0.46p, wait for an update, get a good update and then sell your holding for less than you could have for the past week - WTF?

I disagree that it will go for peanuts as I feel that it is massively undervalued at this SP, below is a summary pulled together by a keen supporter of BBSN and I feel it summarises the current position very well:

Brave Bison (BBSN)
Online content company.
Owned and operated content.
Revenues directly linked to online viewing figures.
Client list for operated content includes the likes of Lego, P&G, PGA tour, European tour, World chase tag.

Market cap £8m
Cash £4m
No debt or other borrowings.
Revenue £16.8m
Small loss in 2019 (EBIDTA £0.4m) due to external factor of Facebook policy change costing them £7.3m in revenue. That’s now sorted; all the Facebook pages are remonetised, and the company is experiencing rapid online growth across all platforms. Positive cash inflow expected in 2020.

Impressive levels of growth, even before lockdown:
YouTube management revenues up 66%
Snapchat revenues up 484%
Facebook video view times up 283%

Now growth is taking off even faster because of the increased online activity during lockdown. Viewing numbers across all their owned and operated online content have jumped up by a further 20%, and followers of their online channels are up by a further 56%. These figures are growing all the time, and with revenues being directly linked to online activity, they are set to have a very significant impact for BBSN going forward.

BBSN are also expanding their online content into Instagram and TikTok, including a recent strategic acquisition of The Hook Group, which massively increases their footprint on these platforms. Another big jump up in BBSNs revenues will be due when Instagram and TikTok roll out their monetisation plans later this year.

Last week, their newly appointed chairman described BBSN as having “immense potential”, a view shared by many other investors. And it’s not just words. He has backed that up by buying 27% of the shares. Massive show of confidence in the company, and great to have the chairman aligning his interests with those of other shareholders. Several other institutional investors and high net worth individuals also have >5% holdings. As a group, they now hold 70% of the company, and many of them are still accumulating. Strong takeover target, but with large shareholders having previously bought at much higher levels than the current SP, any offer would have to be at a significant premium if it were to even be considered.

Prospects really look excellent for BBSN going forward. Massively undervalued market cap, strong financial position, rapid growth company. Very few companies offer low risk investment, yet still retain genuine high reward potential. BBSN is one of them.

Because the news isn't going to happen later today so people move on and chase the next rainbow. For me this is a LTH and I can see this being many multiples of the current SP in the future. I am not worried by 10% movements in the SP.

Looks like it was walked down to fill the 4m buy at 0.547p, which is conveniently showing as a sell - LOL

Sells at 0.45p have now been cancelled, what a surprise............................ Bloody MMs

All buys and yet the MMs still walk the SP down................

MMs playing games again, most of the trades showing as sells have actually been buys - hold your nerve.

Think they are typos as real bid was 0.54p at the time, watch them get cancelled later - MM games or a genuine typo

I wonder how long that will last?

MMs have just printed my buy of 150k @ 5.0p, moved the spread just before so they could show it as a sell - FFS wish there was more control over the AIM to prevent this manipulation and misrepresentation.

Agreed SG, however so many PIs fall for it............

NT to buy now at 5p and Bid moving back up, if the MMs let anyone buy, this will fly back up towards 6p and hopefully smash through it this time.

Just picked up a further 150k shares @ 5p, MMs have decided not to print it but have moved the live Ask to 5.19p now, think this is the standard pullback to scare PIs and collect a few shares before the next push. Tweet from Richard Bennett is hugley positive in my opinion and fully supports all our thoughts and shows the reason the company have pursued this listing. In support we also have a massively undervalued PE vs our peers and a loan to be converted at 5.5p upon listing. Very Strong Buy.

MMs trying all the tricks to try to get shares, great buying pressure this morning.

Some stock available sub 0.65p again now if anyone wants a top-up

Not just paid DD79, premium paid for 3.45m shares - someone is keen

A few more buys, maybe Mr 2m helping and we will finish Blue :-)