Amino Technologies Share Discussion Threads

[1pencil] 13/1/2021 21:05

As someone else commented, the 24i acquisition looks incredibly well timed with OTT services really taking off, home usage during lockdown has no doubt accelerated an already established trend along with cord cutters.

5G will likely take this a step further over the next year or two depending on availability/roll out.

It wouldn't surprise me to see some corporate activity here with both Kestrel and now BGF on board, BGF has had some notable successes including recent IPO of Calnex, Kestrel too benefitted from Cisco buyout of IMImobile in December.

[sev22] 13/1/2021 20:20

Article in full incase you can't find the link.

MINNEAPOLIS, Jan. 13, 2021 (GLOBE NEWSWIRE) -- iMedia Brands, Inc. (the “Company”;) (NASDAQ: IMBI) announces its subsidiary, Float Left Interactive (Float Left) and streaming video experience specialists 24i will partner to leverage the power of Float Left OTT technology to offer advanced applications on Roku, one of the leading connected TV devices.

Float Left has over a decade of experience in the OTT space, having served as Roku's first development partner and as a Roku Preferred Developer today. Over the years, Float Left’s native codebase has evolved immensely with the growing industry. What started out as a simple OTT solution in 2009 has progressed into a sophisticated and flexible framework that is used for world-renowned brands. Today, Float Left's Roku framework supports high-end "Netflix-level" features such as favoriting, watch-lists, cross-platform resume, and an intuitive interface designed to keep users engaged and simplify content discovery. In addition, the flexibility of the framework allows for seamless integration with third parties for subscription management, advertising, video platforms, and analytics, giving VOD providers a customized solution tailored to their business model.

With this new partnership, 24i and Float Left are paving the way for revolutionary OTT technology by delivering innovative Roku solutions that will continue to adapt and expand year after year. 24i has developed successful applications for Roku devices for several years, and integrating Float Left's Roku framework into their Smart Apps product will bring their products enhanced efficiency and scale. The integration will enable 24i's product team to focus on the added value they can bring to streaming services by simplifying the development of a single user experience across multiple platforms, particularly through the use of 24i's intuitive Backstage interface for content and application management. Together, Smart Apps and Backstage provide a turn-key video application development platform to allow content owners and broadcasters to provide consumers with an intuitive and engaging user interface for enjoying live and on demand video content. This platform facilitates a consistent user experience across all devices, as well as the flexibility to easily expand and customize functionality.

“We are pleased to partner with 24i to further advance and deploy our OTT technological capabilities on Roku,” said Tim Peterman, CEO of iMedia Brands. “By collaborating with the 24i team, Float Left can offer Roku viewers a streamlined and optimized user experience, which will allow us to continue improving our content delivery and customer engagement across the platform.”

Tom Schaeffer, CEO of Float Left, commented: "Our in-depth knowledge and years of expertise building custom Roku applications have enabled us to develop a codebase that will help companies like 24i accelerate in this rapidly growing market. 24i has a fantastic OTT product, and we look forward to seeing them integrate with our Roku framework to enhance their product even more. This partnership represents an expanding line of business for Float Left in 2021 and beyond."

Martijn van Horssen, Founder and Co-CEO of 24i, added: "Smart Apps provides content owners with the ability to reach viewers on any platform and ensure their user experience is seamless across any device. Roku continues to be an important target device for us, and its specific underlying technology needs to have a solid foundation. Float Left's Roku framework provides that fast, reliable, and maintainable foundation. Using it means we can build on Float Left's expertise and focus on adding our product features on top of their framework, instead of trying to reinvent the wheel."

About Float LeftFloat Left is an OTT technology provider, giving Broadcasters and Media Distributors the tools they need to deliver seamless, video experiences to their audiences across all OTT platforms.

As a pioneer of OTT Technology, Float Left learned to evolve as the industry grew. Since inception, Float Left has launched hundreds of OTT services, developed innovative technology solutions, and has had the privilege of working closely with some of the most prolific media brands in the world. Some of their noteworthy innovations include Flicast and Flicast Analytics, AMP (Application Management Portal for content management), and Convert+ (AWS transcoding solution). Float Left is consistently upgrading its solutions and developing new tools, staying on the forefront of the OTT industry.

About 24i,24i offers a fast, cost-effective route to video streaming success on all consumer devices. Their expertise and end-to-end solutions enable pay TV operators, broadcasters, and content providers to manage and deliver elegant OTT user experiences and grow their business. 24i's flexible products for preparing streaming content and publishing front-end applications bring SVOD, TVOD and AVOD services to life on smart TVs, streaming devices, STBs, mobiles, and web browsers. Headquartered in Amsterdam, 24i has offices in Madrid, Brno, California, Helsinki and Buenos Aires and is a group company of Amino Technologies plc.

About iMedia Brands, Inc.iMedia Brands, Inc. (Nasdaq: IMBI) is a leading interactive media company that owns a growing portfolio of lifestyle television networks, consumer brands and media commerce services. Its brand portfolio spans multiple business models and product categories. Its television brands are ShopHQ, ShopBulldogTV, ShopHQHealth and LaVenta. Its media commerce services brands are Float Left Interactive and i3PL. Its consumer brands include J.W. Hulme, Live Fit and Indigo Thread. Please visit www.imediabrands.com for more investor information.

[sev22] 13/1/2021 20:13

iMedia Brands’ Float Left Interactive Partners with 24i to Deliver Leading OTT Solutions for Roku.

[red ninja] 13/1/2021 19:23

Yes, I've acquired a few more average now up to 122, but that's it I have enough.

[slim9] 13/1/2021 18:33

A few more for Moi 2day.

[essentialinvestor] 13/1/2021 15:22

Looking for £1.45-1.60 by results.

A further re-rating possible following on from that as the market
appreciates AMINO as a growth stock, dyor as always obvs.

[sphere25] 13/1/2021 13:17

That's a very teasing chart now with the price currently at 133.5p.

A couple of market makers have shifted higher and the price is flirting with that next leg higher.

[1pencil] 11/1/2021 10:12

Had a quick tally up following TR1 submissions, assuming M&G have sold in their entirety.


Kestrel Partners.................................................22.00%
Milton Asset Management ................................17.80%
Investec Wealth & Investment ............................9%
Close Brothers Asset Management ....................5.10%
Chelverton Asset Management ..........................5.21%
24i Media PF............ ...........................................4.20%
BGF Investment Management Ltd ......................3.75%
Mr Ari Charles Zaphiriou-Zarifi ,,,,,,,,,,,,,,,,,,,,,,,,,,,,3.20%

Total 70.26%

Number of shares used for calculation 76,048,513 although this doesn't include 2,039,647 held in treasury by the company, on this basis the free float currently stands at 22,616,828

Errors and omissions excepted

[simon gordon] 10/1/2021 11:11

Digital TV Europe - 8/1/21:

Amino’s 24i names operator sales director

Video technology outfit and Amino subsidiary 24i has named Lennart Broers as sales director operator solutions, responsible for driving the growth and momentum of the company.

Broers was previously part of Amino’s sales team from 2006 to 2014. He has over 20 years’ experience, holding senior sales roles for several key industry players.

Dutch service provider Youfone, a joint Amino and 24i customer, recently deployed the company’s end-to-end architecture platform, including Smart Apps and Smart Video, to launch the Netherlands’ first Android TV service. This deployment spanned content ingestion and encoding to customer care and content distribution.

“I’ve been impressed how 24i’s industry-leading end-to-end solution delivers a turnkey multi-screen solution for pay TV operators and content providers. Our solution portfolio enables customers to benefit from managed services. Media companies can scale up as they grow their business by offering excellent OTT video user experiences across all devices. I have watched several industry players struggle to manage and monetize their content, and I appreciate the value that 24i’s ready-to-deploy software solutions adds. Operators and content providers can control their content management and unify the user experience with best-of-breed no-coding management tools, leading to unrivalled gains in time-to-market,” said Broers.

“I’m also excited by 24i’s product innovation roadmap that demonstrates that the company will continue to invest in best-of-breed solutions for its customers. This thirst for continued innovation is complemented by a consistent execution strategy that delivers on the 24i vision. 24i knows very well that media organizations need scalable and agile solutions, and I’m looking forward to offering precisely that to operators and content providers.”



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Linkedin profile:

[basem1] 09/1/2021 17:02

Fits my criteriaI tend to buy anything with nett cash that I believe has 50% upside 180-190 would not be expensive

[1pencil] 09/1/2021 13:13

Some rough numbers for y/e Nov 2021

Looking at forecasts finncap have f/y 21 Revenue $83.2, EPS 13.5 with DPS of 4p, it doesn't look as though these have been revised post December TU - retains price target of 215p

Against a background of strong cash generation in H2 (net cash position of $9.4m at 30 November 2020, 30 November 2019: $1.4m) and no debt. My estimates going forward are based on the following catalysts:

- Increased consumer/operator demand due to home use (Broadway HD)
- 24i integration model starting to gain traction
- Post year end agreement with Verizon
- STB's still generating income, stabilised, Dec launch of Amigo 7XC

Adding 15% across the board seems reasonable if not conservative given bullish growth targets for $250m revenue by 2025. Assuming no acquisitions (almost certain there will be) and a reduction of CAPEX following transition/24i integration, net cash at $18.1m

F/Y Nov 2021

Revenue- $96m
EPS - 15.53
DPS - 4.6
Net cash $18.1

Hopefully some scope for upgrades with finals due early Feb.

[1pencil] 07/1/2021 16:33

BGF Investment Management Limited with 3.745%

[sphere25] 07/1/2021 14:03

Settling down now after that rush of buying in the morning. It looks like the price is making it's first significant bullish move in a while, particularly as it has been backed by substantial volume and the largest since 2012.

The recent trading update and bullish forward financial projections (as per Simon Gordon's post: $250m revenue including 70% recurring $175m software and services revenue by 2025) have clearly resulted in the substantial institutional buying in what now appears to have been the clearing of M&G and any other sellers who have held the price back.

These sellers have been partly responsible for the move down in the price from around that 150p in July last year. It takes a while to find the liquidity to sell millions when the daily volume can be next to nothing.

I suspect we are headed back to test those levels, but noted that there are alot of quick profit takers here today grabbing a small percent, so unsure if it has been tipped on a social media site or chat room etc.

These large institutional buyers (more holding rns to follow shortly) will mop them up and allow the price to push on. It remains to be seen how the longer term will pan out or whether that 150 resistance will break in the early part of this year.

IF the institutions really get behind this, then it could get interesting but a move toward that 150p mark doesn't look excessive in light of where the price was trading previously, bullish recent news and substantial institutional buying.

All imo
DYOR

EDIT: Pershing Securities Limited have bought, crossed the 3% threshold so that's the third institutional buyer recently. Market makers are farting about, dropping the bid but not allowing buying.

[1pencil] 07/1/2021 09:29

I would be interested to see who purchased yesterday's volume, equating to almost7% of the company shares.

Kestrel have 22% with the Chairman owing another 3.2%, perhaps unlikely as this would take them over 30% threshold?

[essentialinvestor] 07/1/2021 08:30

Simon, many thanks for this.

AMO used to be hotter than Mercury way back in the day.

[masurenguy] 07/1/2021 08:28

Me too - looks like AMO is gaining some momentum !

[tole] 07/1/2021 08:07

Added a few more first thing.

[slim9] 06/1/2021 19:13

Cheers interesting stuff...........

[1pencil] 06/1/2021 17:48

For anyone researching 24i Verizon have hosted a webinar with several of their media partners, this includes Linda Abrams Head of Business Development 24i.

Plenty of info as to how 24i slots alongside other co-partners.

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Verizon Media Platform’s integration partners IRIS.TV, THEO Technologies, 24i and Cleeng add advanced features to create a best-of-breed technology stack that delivers simplicity and ease to your video workflow.

(registration needed)

[basem1] 06/1/2021 17:26

Mad scramble in the morning Happy Days

[sev22] 06/1/2021 17:15

Following today's late share price rise AMO has smashed through its 100 day moving average and is now a strong buy.

[masurenguy] 06/1/2021 16:58

A 4% jump in the last half hour has taken my underwater spread bet position into a surplus ! 😃

[simon gordon] 06/1/2021 16:45

Highest daily volume since 2012, when just over six million printed.

[basem1] 06/1/2021 16:32

I could not even get 2000 at 125 it was NT only never mind another 5000FinallyVery happy as I am locked and loaded but I thought I would help the price on its way with a few more