Blinkx Share Discussion Threads

[bbonsall] 19/12/2014 08:16

Amt
Quite right. I repeat, it shows how stupid the current market valuation is.

[gowlane] 19/12/2014 08:15

well Blinkx can hardly be worried about survival or cash balances if they are buying again,

so a real statement of confidence by these guys to commit their future to Blinkx, the attraction might also be that Blinkx have a lot of cash to fund their rapid growth

looks a shrewd buy too, accretive straight away, an amazing bargain in fact

[leluot3] 19/12/2014 08:14

It was going to be an interesting 2014! I remember stocky you and the family of rampers told us so!!

[amt] 19/12/2014 08:13

bbonsall yes 40m after spending over 500 m not a good return for shareholders.

[bluesbreaker] 19/12/2014 08:11

Sounds like an excellent acquisition. Looking forward to 2015 and, especially, beyond. Season's Greetings to all. :-)

[nickb] 19/12/2014 08:10

Excellent news they needed to invest in Programmatic.

[stocky] 19/12/2014 08:09

Morning All, great news. The board has been strengthened, as has the management team. Technology is already in place and now going after the dollars. :) it will be an interesting 2015. A small buy back is still possible. Ad karma will add to profits and will accelerate even more with access to the Blinkx inventory.

[bbonsall] 19/12/2014 08:06

Before this acquisition Blinkx share price was 25p. With 18p representing cash, it means the entire Blinkx business is valued at just €42 million. This, with a revenue of over €200 million, shows how stupidly low the current share price is! So Blinkx has paid half its own valuation for a minnow.

[leluot3] 19/12/2014 08:04

good post amt

it appears a good move from Blinkx but as usual the rampers start predicting the holy grail. That ain't going to happen on one acquisition.

Up 0.50p so far

market stunned!!

[geheimnis2] 19/12/2014 08:04

The only things long about jonc and Sikhy are their noses after months of fibbing....

[jonc] 19/12/2014 08:03

£2.40 to 25p

Don't think us longs are too happy.

[rocket fuel] 19/12/2014 08:02

oh dear, here starts the erosion of cash pile. with acquisition and day to day cash burn we could be looking at a test on 12p here very soon!

[fairenough11] 19/12/2014 08:00

shorts not happy then?:-)

[amt] 19/12/2014 08:00

That's why they have not been spending the cash on buy back. The impression given with last results was that they would not be making acquisitions. This was probably too much of a bargain to pass over. Let's hope they make something out of it. All the other acquisitions made over the last few years have been given virtually no value by the market so not sure how market will react.

[geheimnis2] 19/12/2014 08:00

Lol fluffy still trolling. Sorry pal - it's a blue day!

[giveatoss] 19/12/2014 07:58

hahaha. blinkx getting on with business

[jwoolley] 19/12/2014 07:57

Nice purchase. Hopefully this will start to kick start the share price again.

[geheimnis2] 19/12/2014 07:53

Suck on that vile trolls!!!

[midasx] 19/12/2014 07:53

Gross profit of $2.4m in calendar year 2013, an increase of 118% over calendar year 2012.

Adding straight to the bottom line!

[j777j] 19/12/2014 07:52

The deal could add $40 million to Blinkx's revenues in 2015.

It is a great deal and the price is because the Blinkx Rocketfuel fall out took the price of all industry assets down.

This is where cash is king.Blinkx get to buy a great co for a very good price.


Expect plenty of broker comment and broker upgrades in Q1 2015.

Remember Goldman Sachs had a 325p price target earlier in the year.

[jonc] 19/12/2014 07:49

I am going long on rose tinted glasses today.

[leluot3] 19/12/2014 07:49

You would think so JJ but the market may still need convincing. Will be interesting to see if analysts's views and prédictions change as a result of the acquisition.

Blinkx is at the bottom of the pile as far as market favourites are concerned so we will need to wait and see. Nothing guaranteed.

[nw99] 19/12/2014 07:49

Nice acquisition

[jonc] 19/12/2014 07:49

On the contrary it shows that the BoD of AdKarma have little confidence in the future of their company otherwise why take the sales proceeds incash and a small stub in stock.

If I owned AdKarma and thought the future was bright I would not sell out for $15m