Burst Media Corporation Share Discussion Threads

[hugepants] 08/4/2009 07:30

Finals out:



Looks decent.Breakeven for they year but with H2 noticeably stronger. And have plenty of cash to take advantage of the economic downturn.

Cash = $10.6M
net working capital = $14.9M

But after year end cancelled 9.8M shares at 3.75p at cost of $555,000
So now there are 73.2M shares and

Cash = $10M = 9.1p
net working capital = $14.4M = 13p

[hugepants] 02/4/2009 08:24

Results out on 8th April

[shammytime] 03/3/2009 08:22

The fact that they rejected it bodes well - should see this trading at 7p+ pretty soon...

[hugepants] 03/3/2009 07:15

Good update this morning. Mentions an approach.



"......In addition, the Board is now in a position to provide an update regarding trading for the year ended 31 December 2008. On 24 July 2008, the Company announced that it expected Adjusted EBITDA(1) for the year to 31 December 2008 to be between $(0.7) million and $0.5 million. The Board currently expects Adjusted EBITDA for the year to 31 December 2008 to be at the top end of this indicated range...."

H1 was a EBITDA loss of £0.2M so H2 has been much better.

[hugepants] 22/1/2009 13:28

It increases shareholder value significantly. I think its a no brainer to buy shares at this price. I just wish they'd have kept doing it.

[hugepants] 22/1/2009 08:51

They bought back for cancellation 9.8M (12%) of the shares at 3.6p yesterday. Thats increased cash per share by around 10% to 9.25p. Net working capital is about 11p. Given cash is king currently it should be pretty diffcult to lose out at current price.

[hugepants] 21/1/2009 10:56

RNS today. They are going to buy back shares and look for investments.

[hugepants] 16/1/2009 10:14

The business may be rubbish but cash is king in this market. Id have thought there would be opportunities to acquire complementary businesses on very favourable terms.

[hugepants] 21/5/2008 10:43

The latest one:

2008/05/06
BURST MEDIA LAUNCHES TRENDSETTERS VERTICAL AD NETWORK

Burlington, MA - May 6, 2008 - Burst Media, a leading provider of advertising representation, services and technology to independent Web Publishers, today announced the launch of the Burst Trendsetters Network, a premier online advertising network that caters to brand advertisers who seek to reach highly influential 15-34 year olds as they view content online. The network allows marketers to deliver their brand advertising in conjunction with some of the Internet's most engaging entertainment, fashion and music content. The Burst Trendsetters Network includes 100 websites that reach 7 million unique visitors and delivers more than 51 million web impressions................

[hugepants] 21/5/2008 10:42

Press releases here:

[hugepants] 21/4/2008 07:59

Hold a few of these. This has moved up a little the last couple of days, I wonder if the strong Google results were responsible. Looks pretty good value since profitable and valued only slightly above cash and below net liquid assets.

A few notes based on last results.

83M shares.
mcap at 8.5p = £7M

revenue $27M
Operating profit (before restructuring charge of $735,000) = $713,000
Interest on cash and other income = $650,000

cash = $12.583M = £6.363M = 7.66p
net liquid assets = $15M = £7.58 = 9.13p

[goodsource] 14/11/2007 22:36

BES (Blavod) has started it's move.An AIM company moving to profitability.Expect a price by christmas of over 6p. Bargain opportunity.

[wiganer] 13/11/2007 19:45

Next leg up starting?

[latifs100] 24/10/2007 13:48

sud be takeover news soon.. or a mbo

[wiganer] 22/10/2007 18:23

Nice end of day tick-up on a red day across the markets.