BNN Technology Share Discussion Threads

[genises] 01/3/2017 21:59

"Good visibility for additional revenue through existing sales channels for December and well into 2017, together with our on-going development of multi-revenue channels, gives the Board confidence that next year and beyond will see a substantial enhancement in shareholder value. I am excited by the huge opportunity ahead of us. Our robust platform is pivotal to capitalising on our strong relationships in China as we expand the business to move into significant complementary areas. With our Nasdaq process well advanced, we hope to be placed in a peer group of like-minded Chinese internet technology companies in the new year."

[newbie17] 01/3/2017 21:50

Newman ,,, that about sums it up perfectly for now.

[newmanontheblock] 01/3/2017 21:16

Credock. Take this the right way, but you are becoming rather boring. Nothing has changed in the last 3 months, as we have not officially had a business update. The potential for a far higher share price is still there, but no one knows quite yet. So stop posting meaningless comments, and let us all wait for the next update. True, the update has taken longer than most on this board has expected. But that's not a reason to not believe that BNN is heading in the right strategic direction and will not deliver against the high expectations we all have. We all know your sell price as you have repeated it on many an occasion. Sit back, sell when it hits 1.70 and then invest your profit where you feel appropriate. For me, this is a longer term punt, so although frustrated with the lack of news, I am not questioning my overriding commitment to this share. SNAP has just been valued at 24 billion dollars. Go reckon!! Just shows how value is not always logical. BNN have set out a clear route for growth within the most exciting fintech market on the planet. I look forward to hearing more of their progress soon.

[wla2510] 01/3/2017 20:55

Plenty of opportunity for this to make £2 in a couple of months and £3 by year end. They are deliberately storing the update for one big impact, there may also be takeover interest. Its hard for those who have to sell at this level when there is likely to be a big upside in the not too distant future.

[credock] 01/3/2017 20:48

The girls still hear and holding but lets be honest people confidence is draining very very fast. The old posts of it being £2 , £5 even £17 have all but long gone.

[the prophet] 01/3/2017 18:17

Mirabaud forecast that the blended commission rate would be more like 0.46%.In the broker report of last year they were forecasting gross revs for this year of something like £13bn. ie a run rate of over £1bn per month. Clearly it will take time to build to that sort of level, but Novembers £120m from a standing start was impressive.Worth noting that the Mirabaud forecasts don't include anything for the new revenue streams as announced in the Dec 8th update.Having said all that, the forecasts must be finger in the air job guesstimates.

[wla2510] 01/3/2017 18:01

doesn't that equal £10M?

[newbie17] 01/3/2017 17:56

I shouldn't be posting so often seeing as I am in for at least 2 years more. The silence will prove to be golden. Ayesha, any thoughts ?

[snowyflake] 01/3/2017 17:31

Genises - please check my maths. I believe that you are talkimg revenues upon which the company's royalty percentage would be applied. If I am correct, on that basis at .2% that would be a net revenue pre costs for the quarter of £1 million.

[genises] 01/3/2017 17:02

Looking at pass RNSes very very quiet in February,busy in March.

Here my prediction sales for Dec,Jan,February exceeded £500 million.
Partnership with leading banks and insurance companies announced and a bolt on company announced.
Two new Neds
Happy investing.

[squiresquire] 01/3/2017 16:47

By the end of March. That would be not acceptable.

[ssc85] 01/3/2017 16:42

Often hear of posters who have spoken to a member of the board/company and have had bullish/confident replies of the future. Can someone share an actual bit of good news they have had this calendar year? We are 7 days off from 3 months since the last RNS that actually meant anything.

I have had a look back through all the quotes from regular posters and in early Jan there is 'two weeks well be laughing', 'if you can't wait 3/4 weeks may as well sell', 'CNY ends next week then all will be revealed' etc.

Its MARCH now guys and girls. As stated I have been in this over 18 months and fully well knew it would be years for this to actualise to reach its potential but this is THE critical period. The period we all bought in for, partnerships being finalised, revenues being reported, NASDAQ listing. We've had updates regularly up until the time to start delivering and since then nothing. They can release one update with some positivity and all this volatility goes away.

I'm sure I'll get told to stop being negative (which I loath to do) so I'll ask the question again and hopefully some people will answer. How long from this point will you find acceptable without hearing anything? 1 week, 1 month, 1 year? When in your eyes will the silence have gone on for too long?

[seconduser] 01/3/2017 16:15

Trading today is just too wierd.

[neurolodger] 01/3/2017 15:45

SP is going down every day small amount - it is disappointing. Let us hope soon we get some good news

[bad gateway] 01/3/2017 12:57

Think there's too much being made of one poster on the lse here myself. The stocks was trending down to these levels anyway after failing to break out and losing the 200dsma again.
Bigger worry than one erroneous poster should be the moving averages all having bowled over and now heading downwards at a rate of knots.
Could do with a decent update before support goes or 90p beckons imo.


free stock charts from uk.advfn.com

[seconduser] 01/3/2017 12:22

Sadly that debacle seems to have knocked a few PIs out judging by the trades. Damage done. Real issue though is that we need BNN to start achieving some of their stated objectives or at least provide substantive updates - and I am fairly certain that someone associated with the company checks this BB so maybe they could take this on board.

[squiresquire] 01/3/2017 12:12

I hope they do, BNN may as well.

[genises] 01/3/2017 11:41

Squiresquire
FSA if wanted to investigate can check the persons account to see wether he or she has brought any shares on the dip and then prosecute.
Financial gain !!

[squiresquire] 01/3/2017 11:34

A person trying to do this can easily 'dress' it up by doing exactly what was done, ie post a market sensitive remark on a busy BB, then a few minutes later post saying......ooops sorry wrong thread. It does not take a lot of working out to find a company where such news is true.

I am not saying it was deliberate this time, i am saying it smells very fishy and should be looked into as shares such as BNN are vulnerable to this and the reaction proves my point. ie - 8% in three minutes.

the people who sold or had stops knocked out were cheated by this statement whether it was deliberate or not. But which was it?

[wla2510] 01/3/2017 11:29

Dear me. This company is racking up strong figures and the longer the period over which those figures can be demonstrated the better for the NASDAQ listing and i expect thats what their brokers are saying. DM is going nowhere at this point, why would he? All IMHO. Sitting tight or buying more if i can

[newbie17] 01/3/2017 11:28

Yes what a prat, someone somewhere is red faced. A quick top up chance though, I missed the very low but got 1.14. I think it will recover as fast as it dipped. Stay calm all.

[budding buffet] 01/3/2017 11:21

I see he quickly changed his statement saying he'd got the wrong board, it just so happen to coincide with my statement on here, I must admit it got my heart racing to the panic button, mercer is integral to the future of this stock

[seconduser] 01/3/2017 11:17

squiresquire it looks to have been a genuine mistake. I am fairly sure that it was Jamtomorrow that posted on BNN instead of NCC. He then looks to have panicked and deleted his BNN posts.

[genises] 01/3/2017 11:16

What a prat.

Some shareholders have sold on the post or have had stop losses triggered.

Lse will have a record of the post and address and IP address

3rd opportunity to top up at 1.05-110