BNN Technology Share Discussion Threads

[the prophet] 10/3/2017 11:33

looking a bit of a bargain at these sort of levels, picked up more c.111p
Not sure exact price till i get the note.

[ripplevale] 10/3/2017 10:07

Newman. Agree.

MW has some early figures from the broker (Mirabaud) on the revenues from the one-stop Motoring portal. This tells us that an update is in the pipeline and these are the sorts of figures that will be going into the SEC.

A market penetration of 1% is I believe a cautious estimate but clearly the margins are quite high to generate the £50m figure. The non-cash transactions in the Chinese car market are staggering and the trust / goodwill provided by Xinhua will draw these B2C customers in droves IMHO.

Would just like at least two brokers in the U.K. as well as the one in the US covering this stock.

[newmanontheblock] 10/3/2017 09:21

Just read the MW article. He does negate the risk of this share, but he certainly paints an enormous prize, and I for one will be here throughout 2017 and beyond to see if BNN can deliver. Signs are looking good. Exciting times.

[1meg] 10/3/2017 08:01

Hoping either share price goes up or stays low until new tax year when can invest £20k in stocks and shares ISA therefore all profit tax free!

[cheshire pete] 10/3/2017 00:04

Nurdin, the Chinese authorities must have confidence that BNN can handle whatever comes their way otherwise I don't suppose the agreements would have been signed. You give the impression that the wheels are about to fall off before the journey has started.

[and11] 09/3/2017 22:20

I would suspect there CEO in China has already started the team's expansion program in conjunction with its partners to facilitate the growth expectations!

[and11] 09/3/2017 21:15

Nurden, the platform has handled billions of transactions when it was used for the online lottery business, then it was modified to handle payment processing as the business changed direction. This was then road tested for many months again to ensure it could support the enlarged volumes to provide a national coverage throughout china..so l would suggest imho the platform will handle what is thrown at it! They have a 300 strong team in China, so if improvements are required as new contracts are brought on board, this will be handled! Have faith in BNN.. they know what they want & are try to achieve...

[perfect choice] 09/3/2017 21:13

Stunning article from MW posted tonight, with some input from what looks like a Mirabaud snap update report. Market has fundamentally missed the key points of today's RNS when you get into the detail. Building up such a revenue pipeline. Its never a case of no risks in a venture like this, but as an investment opportunity, the potential is simply vast and more.

[newmanontheblock] 09/3/2017 20:41

Nurdin. If you have a toll bridge, the objective is to get as many vehicles across that bridge so you earn more money!! Stop over thinking things. Ultimately business is simple. BNN have a technology platform that works and a key partner that wants to engage more people to use their portal to spend money on various services. If all works to plan, BNN will earn small percentages of 100s of billions of dollars. Thus making BNN worth multiples of where it is today. AIM is failing this company big time. The sooner it is listed else where the better. GLA.

[snowyflake] 09/3/2017 19:09

She is only here because her prize zioc (Zanaga)which she had been ramping the hell out of is down and she sold out of that a day or so ago. An iron ore company in Congo incorporated in the BVI. I avoid companies which are registered in the BVI. Ignore her.

[and11] 09/3/2017 18:28

Chorus1, ignore topaz pure guess work on her behalf! According to her this share was supposed to have fallen to 80pence over 4 months ago. No substance behind anything she says... just here as a nuisance... move on

[chorus1] 09/3/2017 18:10

But nothing in the competitive landscape has changed? So essentially, your opinion of the company's potential value has fallen from £10bn to c. £124m because of missed deadlines?

[newbie17] 09/3/2017 18:09

It's good to see level headed informative posts again. The share price is not indicative at this stage of BNNs development and even less so for the long term holders. There is a "blossoming" yet to happen here which will happen throughout 2017/18 and onwards, not in a few weeks. GLA

[topazfrenzy] 09/3/2017 18:04

chorus1, I went into my reasons in some detail a few times already.

It's the constantly missed deadlines and the huge competition they are against and the pittance that they will ever earn even with supposed big numbers, so basically false promises with very little to show for it so far. All hot air!

[and11] 09/3/2017 18:03

Chorus1, Topaz has been spouting this rubbish out for months now! Such a desperate individual...just ignore like most of us do!!! 😎

[chorus1] 09/3/2017 17:52

Topaz, I recall you once touted BNN as a £10bn company back in your ramping days, and I'm genuinely interested to know what triggered such a fundamental change of view?

[topazfrenzy] 09/3/2017 17:39

More hot air, jam tomorrow stuff, thus the share price tanking on what you all perceive as 'good news'.

The bit on the Nasdaq listing is like something someone would write down the pub, to keep the loan sharks (in this case private investors here) happy.

80p coming here imo and probably 60p after results.

[the prophet] 09/3/2017 17:21

H2 ain't exactly too far away.

There is another factor here which has not been mentioned..... I would suggest that the fact that Xinhua has agreed to this further deal is strongly indicative that they are more than happy with the way the existing deals have performed to date.

[perfect choice] 09/3/2017 17:01

Well interesting day, at least slightly up at end of day (comparing bid prices). Potential is huge if you read the RNS carefully, but until platform in place and app deployed no direct revenues can be given but any typical analysis of potential makes this big. Pity it is not now instead of H2 but that is the case.

[micktheknife] 09/3/2017 16:31

maybe some evidence of revenue rather than turning water into wine would be a start, we wont have to wait long apparently. its amazing how a long awaited rns has done nothing for the share price, i bet the big shareholders must know all of this already.

[charlesdarcy] 09/3/2017 16:04

Newman ;
Very true , Aim is clearly not the place for BNN , last time I will mention it but the HK market must be a joint choice with the US .

[newmanontheblock] 09/3/2017 15:55

Super to read progress RNS. share price typically doesn't follow the good news contained within the RNS. Gotta start to think what does BNN have to do to get a fairer and more representative share price based upon its future prospects- turn water in wine ?!!! AIM market and current U.K. Brokers are clearly not suited for BNN now!!