Member Info for QBArtist

Not me, my top ups were only in 5 digits :(

Santa Claus is coming to town for a rally, and the brokers, having said buy all the way down, are now saying sell/hold.....best buy signal I've seen in a while

65p

It's annoying, but it happens. Thought this had bottomed at pe 7X and 6% yield. :(

The share was up from the late 700s to about 830 at the end of last week, ahead of this announcement, so the 10% to be taken in context. At 750p it is trading at 13.6x 2016 earnings and 11.5x next year. My view is that the dividend is fairly safe at around the 50p mark, so for the final div, i am hoping for at least 32p = 4% yield. Not the best or most interesting investment out there. But then, individual stocks generally are all over the place at the moment, and at least Pearson is a mild currency hedge against more sterling weakening. Did a small top up, but most of of my holding is at about 820p.

"We are enthusiastic about the promise FY2017 holds." Anyone know what this guy means "enthusiastic"?

Holding my nerve and not letting the MMs get me down. If you wanna sell they want 9% discount, and if you wanna buy they want a premium. Definitely good money for them.

Correction: Current assets are $74m, cash and cash equivalents are $78.5m.

A wordy, but eventually found the paragraph that matters: Cash and cash equivalent remaining is: $74m NAV: $156m current market cap at 17p per share is $97m Intangible assets now $60m, vs $130m previously. Finally, BoD is sticking its neck out to say 2017 will be "return to full year profitability" "blinkx enters the new financial year in a strong, competitive position, with a product portfolio that is well aligned with Industry growth trends. The Company continues to anticipate that FY2017 will be a Period of revenue stabilization, with strong growth in Core revenues and a return to full year profitability1. The Company now has the unique combination of technology, talent and relationships in place to scale both organic and inorganic growth as the Industry continues to evolve and consolidate. With Core product areas constituting a critical mass of revenues, the Company expects FY2017 to show continued mobile, video and programmatic growth. The scale of RhythmMax – in both volume and revenue terms – will be a major driver of growth, as advertisers seek to maximize their return on advertising spend by reaching highly targeted audiences, across devices and formats."

Nearly 30 years ago, I studied the EMH. Fast forward to 2016, and the stock market seems to be anything but efficient. Some share movements recently are so hard to understand. Pmo +50%, Stan up 15%. Hopefully, the market will start behaving irrationally with regard to Blinkx soon, so that we can have a silly percentage increase....

The business has got to be worth a lot more than US$25m....., no?

Volume less than 3mn so far. I just hope that management are not lying and there is a profitable business there somewhere.

To clarify, [I am ] hoping that Blinkx is benefiting from the market conditions !

Saw CEO MS on CNBC this morning speaking on WPP results and advertising market. Good start to advertising. Says programmatic trading is booming, and something about how it can target the ads. Says US elections, Olympics and European football will take out capacity and see a firming of rates. Trump isn't spending too much on advertising at the moment but has recently started to spend a bit. WPP had a good start to the year. Hoping that Blinkx is benefiting from the market conditions.

It's still US election year and Olympics which will take up a lot of ad capacity, so I'm still holding tight (with my eyes closed).

Maybe RG selling out - he has breakeven at around this level for some of his stake..

What's going to happen to the share price? Does it go into auction? And how does that work? Anyone, please?

I wonder who on earth dragged the share price down to silly levels and why....

As Lord Sugar said in the last Apprentice series, "never give up on your product" if you wanna succeed. Don't forget US dollar strength also is positive for this sterling listed company.

MJFS Agree with your analysis 100%. Risk is that the company does not deliver due to competition, poor visibility and recent cash burn has not come to an end. That's AIM for you - higher risk = higher returns or higher losses...