BNN Technology Share Discussion Threads

[genises] 09/11/2016 08:15

Can't buy with Barclays

[monet] 09/11/2016 08:11

Cant buy online!!!

[newmanontheblock] 09/11/2016 07:47

Be fearful when others are gready, and gready when others are fearful. Warren Buffet.

[toyin] 09/11/2016 07:34

Yes, it will be a case of do nothing and let the panic pass and then buy more of what you have.

All the best

[mlf51] 09/11/2016 07:03

OMG it looks like tin hat time boys and girls.gla

[ayesha4] 08/11/2016 23:06

Ok.I have been again reassured that there is nothing untoward and the listing process and 'our role is well appreciated by major players in the sector.'Just a case of waiting it out I guess.

[toyin] 08/11/2016 22:30

I totally understand people being nervous with the amount this has dropped but it is potentially a massive pay out if it happens. If you are nervous cut back to a level that you can sleep with you may miss some of the ride but a good nights sleep is far more important!

All the best

[snowyflake] 08/11/2016 22:17

500.com closed on Nasdaq today at the equivalent of £458 million. Its earnings as I understand it are based on Chinese lotteries. Its August quarterly revenues were dmb (China) 22.2 million which at .15 dollars to the dmb = $3.33 million.

With BNN having issued shares of 208 million £458 million would equal £2.21 per share.

As newman says "we invest within a vacuum of information" and we do have a news vacuum at present but as I understand it there is news in the pipeline and it will be released.

[westmoreland lad] 08/11/2016 22:14

Think this was our thread masters last post here ------->
someuwin
14 Oct '16 - 09:39 - 59 of 440 0 0
"Nasdaq listing still firmly in company's sights, but unlikely until early 2017."

Have to admit pulling the plug here 25th Oct. Just got a bad feel about it. However
could be totally wrong and wish you longs good fortune.

[charlesdarcy] 08/11/2016 22:07

Newman ; thanks for your thoughts and I am not leaving this share .

But does anyone has proof of the success so far of the soft ware ?

[newmanontheblock] 08/11/2016 21:53

Charlesdarcy. Understand your frustrations. I, too, don't like the current trajectory. But Apple went from $130 to $90, whilst delivering the best quarterly earnings ever, by any company on the planet! We invest within a vacuum of information, until the company gives us the next update. If things were going dramatically wrong they would have already released an RNS, trying to rescue the share price. They haven't, which suggests all is well. Stay strong, stay long. It's these stop loss triggers plus liquidity issues that are causing current downtrend. All IMO.

[charlesdarcy] 08/11/2016 21:31

Ohhh boy been away today another day of disappointment !

Forgetting my position there are some very careful/ intelligent investors on this wall .

What is the proof of the success of the soft ware of BNN is it the best in the sector ?

I might sound like a scratch record but I find it strange for the CEO not to stand up and say the 40% drop in value of BNN does not reflect on the companies trading or progress ?

It will affect the Nazdac listing hopes if this continues being destroyed by the MM ( hopefully it is them ? )

Sorry if some of you won't like this but I am a long term investor but that does not mean I am comfortable seeing my investment being mis handled .

[snowyflake] 08/11/2016 21:16

Probably a late reported Friday trade. There is no evidence that the price fell to that level today. I am with your theory Genises. Some time we will have a 500 and a gap up.

newman - I agree with you. As far as I am aware all is well with the project.

[ayesha4] 08/11/2016 21:09

That is a nasty sale at 99.5p. Similar trade the other day.

[genises] 08/11/2016 20:27

Looks as if a few stop losses again got triggered or,our they fridays
120,000 shares at 99.5p

[newmanontheblock] 08/11/2016 20:10

Value king. Nice, professional way to go out. IMO, let me tell you what's happening here. BNN is a company in transition, within a high growth sector within one of the biggest populations in the world. We have heard only good progress from the board about current projects and have been tantalised with new, yet unknown, bigger projects. This company is severely under valued, given its prospects, and given its target market, sector and ambition. I have heard talk of £2.50 to £4.00 a share. Even those valuations are low, if you are a value investor and believe the potential. Just look at PE ratios of technology companies, Nasdaq listed...then add the exciting prospect of China focused. So, am I being balanced? With investing there is always risk. But investing is about balancing upside potential with downside risk. The recent share price movement have been driven by lack of liquidity. I.e. Investors that own the shares are sitting out, waiting for the upside potential. The only way the market makers can buy/sell shares therefore is injecting some kind of unreal fear into the market place. Almost conning people to sell, as we have all had no recent news to tell us that things are going badly or to plan. This tactic has worked!! There have been more people selling than buying in the last 2 weeks. Had anything fundamentally changed in the last 2 weeks? No!!! Ha e the market makers been playing fair? Probably not, but as someone else put it, they are only doing their job in a market that lacks liquidity!! So, we all now have a choice. Sit tight and wait for further news or bail out and take our loses or our smaller profits. I am chosing to stay. Enjoy the rocket ride. Houston calling for some good RNS soon. GLA

[city_gentleman] 08/11/2016 19:30

I'm not going anywhere. There has to have been manipulation of this share price over this last week.

[and11] 08/11/2016 18:57

Thanks & it's a pity your out!!! Based on mm's game playing.. this will come back & strong in the near future with all the expected news to come...

[value king] 08/11/2016 18:35

I'm out.

I've taken a big hit here and something feels very wrong. When these go through 105p the next stop is 63p by my calculations, before there is any serious support and that might come quick when it does start rolling. I definitely couldn't take that much pain here.

Good luck if you are sticking with it.

[snowyflake] 08/11/2016 17:43

FaFa48 - have studied it. Genises points have whetted my interest. Question is when they may stop and when may be see a 500 (gap the stock).

[fafa48] 08/11/2016 17:28

BNN morning was up. However since 11:40 it declines. By the close share price = 110p -6%

100 buy 11:41
100 sell 13:52
100 sell 14:54
100 sell 15:42
100 sell 15:58
100 sell 16:16

I believe GENISES posts.

[genises] 08/11/2016 15:51

Snowflake
News of take up and sales on. The first month and week on increase would be good.
Case off sit back and wait,many of a company has gone up 40% on no news

I see our 200 and 100 are still going through.

[snowyflake] 08/11/2016 14:34

ayesha4 - all seems well at HQ.