Brave Bison Share Discussion Threads

[hazl] 22/4/2024 22:15

I think this is a good site.
It always [provides a summary of weaknesses as well as strengths
however good the company.

'Undervalued'note .

[hazl] 22/4/2024 18:50

I tend to agree Valhamos and we will hear more from ct as they buy back again, and hope to draw more people in when it suits them.

I don't blame anyone for trading but I don't care for hypocrisy.


IMO

[valhamos] 22/4/2024 16:22

Social Chain was a loss-making company on acquisition but is now on a winning streak, which is key for BBSN in 2024 as it starts to earn a return on its £4.8m outlay. Beyond that it is really down to further acquisitions as expected organic growth is only around 5%. Adjusting for the Social Chain acquisition and restructuring costs as well as the one-off tax credit the company is reasonably priced on a P/E of 11.

[clocktower] 22/4/2024 14:52

Good Luck hazel but with this one the brothers like to say they are aligned with shareholders but with the price having stagnated under 3p for a few years, they are the only ones drawing a salary and I guess are able to load insiders with generous options, tunneling money away from long suffering shareholders that do not trade them.

Plenty of bigger sellers came out, and I guess every time it creeps up, they will rinse and repeat, as I have done several times over the years.

Each to their own.

[hazl] 22/4/2024 14:09

I am done with frequent trading. I am trying to go for quality or companies that look as though they have strength potential in the future. This l have liked before and traded in the past. Been there done that.

[hazl] 22/4/2024 14:06

Someone is trying to influence negatively because they noticed the share getting more support. DYOR

[hazl] 22/4/2024 14:04

Acquisitions always cost but nothing wrong with additions if it is going to build the company and create even more profit. They have some amazing clients. Imo

[clocktower] 22/4/2024 14:03

So in Feb 2023 they raised £4.75 million at 2.3p and the share price (thankfully) fell later in the year well below 2p, so if they raise again, I suspect they will consolidate and raise at around the same level maybe 2.5p at best impo but if consolidated at 20/1 that might be around 45/50p I guess.

Are you going to sit with dead money in this hazel or take your profits and buy in lower again?

[hazl] 22/4/2024 14:01

I have a few days away so haven't been able to do much here but l think it has shown more strength and off its lows for the day. The general market has been terrible and that put the dampeners on this morning. Now people are seeing value as it has clearly sparked a bit of interest now . There are those who only talk it up when they're in. We know who they are. I am at least consistent!

[clocktower] 22/4/2024 13:54

So it seems the market liked the results as much as I did. :-)

I think the suggested cash balance at end of year 24 will not be there as they buy up other business, in fact they could draw down the funds that they are able to, to make another purchase, as they are not paying even a small dividend even though they say business is ahead of 2023.

Don't worry they could always increase their options and tunnel away profits that belong to the stakeholders that they value. 🤣🤣🤣

Another raise even maybe.

[valhamos] 22/4/2024 08:18

Good that it is profitable again after the first-half loss. On a year by year, net profit, basis it is not so stellar if you allow for the additional acquisition and restructuring costs being more than matched by the benefit of the extra tax credit (arising from the recognition of a deferred tax asset related to being able to utilise past losses).

Still there's a clear momentum with the business with an encouraging outlook. Let's see what the investor presentation brings.

[hazl] 22/4/2024 08:15

The market in general. Good results.IM o

[ali47fish] 22/4/2024 08:12

so why the heavy fall 18 pc- added at 2.8 not good

[hazl] 22/4/2024 08:00

Out look good

[analystium] 22/4/2024 07:57

Great results

"Net cash of £6.8m, an increase of £2.5m from 30 June 2023 (H1 23: £4.3m) and an increase of £0.6m year-on-year (FY22: £6.2m), with one acquisition made in the period. Revolving credit facility of £3.0m remains undrawn, providing further liquidity if required."

"Market expectations for FY24 are to deliver net revenue of £21.0m and Adj. EBITDA of £4.2m. Net cash is expected to be in excess of £9m at year end."

[hazl] 22/4/2024 07:57

Exactly North Star you can bet Clocktower sold on Friday and will miss out on extra.

[northstar88] 22/4/2024 07:52

It clearly states pbt was only down due to acquisition costs which they have kindly adjusted for you. Organic growth has been explosive. Fantastic results and strong outlook. This is only going one way.

[clocktower] 22/4/2024 07:30

All that glitters is not gold, profit down by £400k but outlook fair but nothing to get excited about, regrettably impo.

[samed1] 22/4/2024 07:22

And forward statement:Outlook · Trading in 2024 to date has been encouraging and is ahead of the prior year. The Board is confident in meeting full year market expectations · In particular, SocialChain has performed well following significant client wins in Q4 FY23 / Q1 FY24

[samed1] 22/4/2024 07:16

ADVFN slow again. Here's the opening statement from today's announcement:"22 April 2024 Brave Bison Group plc ("Brave Bison" or the "Company", together with its subsidiaries "the Group") Annual Results 23% growth in Net Revenue y-o-y 42% growth in Adj. EBITDA y-o-y 2024 trading to date ahead of prior year Brave Bison, the digital advertising and technology services company, today announces its audited results for the year ended 31 December 2023 ("FY23"). Summary Brave Bison is pleased to report another year of healthy growth in revenues, profitability and cash, with results marginally ahead of market expectations. Oliver Green, Executive Chairman, commented: "2023 was another strong year for Brave Bison. We are pleased to report an increase in net revenue, adjusted EBITDA and adjusted EPS for the third consecutive year. The acquisition of SocialChain has transformed our proposition to advertisers looking to connect with younger and more niche audiences on emerging platforms. We are now working with a roster of blue-chip global brands across the business and are able to connect the dots for clients across the holy trinity of media, technology and content. 2024 trading to date has been ahead of last year and the Board remains confident of meeting market expectations* for FY24" * Market expectations for FY24 are to deliver net revenue of £21.0m and Adj. EBITDA of £4.2m. Net cash is expected to be in excess of £9m at year end

[clocktower] 19/4/2024 14:26

The outlook (forward looking statement) will be the most interesting factor, that will impact the share price either positively or negatively, rather than what we intend to expect figure wise.

[dan de lion] 19/4/2024 09:10

From latest update:-

-- Net Revenue / Gross Profit of not less than GBP20.8m (FY22: GBP16.9m), growth of 23% year-on-year and ahead of market expectations

-- Adj. EBITDA of not less than GBP4.3m (FY22: GBP3.0m), growth of 43% year-on-year , and Adj. Profit Before Tax of not less than GBP3.6m (FY22: GBP2.6m), growth of 38% year-on-year, both results ahead of market expectations

-- Net cash ahead of market expectations at GBP6.8m, an increase of GBP2.5m from 30 June 2023 (H1 23: GBP4.3m) and an increase of GBP0.6m year-on-year (FY22: GBP6.2m). Revolving credit facility of GBP3m remains undrawn, providing further liquidity

-- New clients won in 2023 include Pinterest, Purina, John Lewis Partnership, Holland & Barrett, ProCook, Monday.com, Patreon, The Army, Warner Bros., Aer Lingus, Markel Group, Asda, Team GB, Winparts , Fiskars and Molson Coors

-- Third consecutive year of growth in Net Revenue / Gross Profit, Adj. EBITDA and Adj. EBITDA per Share. Net Revenue / Gross Profit has quintupled since 2020 and Adj. EBITDA per Share has doubled since 2021


FY20 FY21 FY22 FY23 (1)
--------------------- -------- -------- --------- ---------
Net Revenue / Gross GBP4.0m GBP7.8m GBP16.9m GBP20.8m
Profit
YoY Growth n/a +95% +117% +23%
--------------------- -------- -------- --------- ---------
Adj. EBITDA (3) GBP0.1m GBP1.8m GBP3.0m GBP4.3m
YoY Growth n/a +1,700% +67% +43%
--------------------- -------- -------- --------- ---------
Adj. EBITDA per
Share 0.02p 0.17p 0.28p 0.33p
YoY Growth n/a +921% +67% +20%
--------------------- -------- -------- --------- ---------
Net Cash GBP2.7m GBP4.7m GBP6.2m GBP6.8m
YoY Growth n/a +74% +32% +10%
--------------------- -------- -------- --------- ---------

[ali47fish] 18/4/2024 17:59

so what can we expect from results here on monday-it s bee creeping up- cant locate last update quickly was it ahead of expectations

[clocktower] 17/4/2024 09:06

Will it break out or is it time?

"Will you walk a little faster?" said a whiting to a snail.
"There's a porpoise close behind us, and he's treading on my tail.
See how eagerly the lobsters and the turtles all advance!
They are waiting on the shingle — will you come and join the dance?
Will you, won't you, will you, won't you, will you join the dance?
Will you, won't you, will you, won't you, won't you join the dance?

[hazl] 16/4/2024 10:44

Creeping up.


8-)