ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BIRD Blackbird Plc

4.90
0.00 (0.00%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Blackbird Plc BIRD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.90 08:00:00
Open Price Low Price High Price Close Price Previous Close
4.90 4.90 4.90 4.90 4.90
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Blackbird BIRD Dividends History

No dividends issued between 28 May 2014 and 28 May 2024

Top Dividend Posts

Top Posts
Posted at 14/5/2024 17:59 by chriscallen
On reflection and reading other comments here I can see the sense in MV switching to a Daniel Webster model of BIRD employment. It frees him to do things that he is interested in doing but allows BIRD to call on him when they need his talents. If that is correct then it means the rapid expansion phase with the pay for versions is now set up and only waiting for the red button to be pressed.

So further delay can only be for one of two reasons: firstly, (on the assumption that the integration of elevate with the Enterprise software is now thoroughly done and dusted) they are still adding necessary bells to the elevate.io tree and/or secondly, there are big commercial deals governed by NDAs that are governed by the other parties time issues. In both cases it's reasonable to expect a conclusion on or before 30/06 which is BIRDs half year and also for 2 US majors and MSFTs year end too.

When Adobe launched it's new product in 2012 it won 400,000 users in the first 8 months. So 300,000 by 31/12 would be a sensible target given the superiority of elevate and the much larger potential market. That in turn would give credibility to a target of 1M paying users by the end of year 2. If the paying user numbers grew steadily over the 6 mths to 31/12 the expected result on Allenby's lower first model figures would be earnings per share of around 8p (and around 12p on model 2) which clearly has significant upward implications for the share price

I will not be breaking my rule of never selling BIRD.
Posted at 02/5/2024 13:55 by gb904150
NickB2 May '24 - 10:59 - 15921 of 15935

GB

So building the world’s fastest Cloud video editor at a highly accessible price which is clearly a next generation video editing platform should have no value in a multi billion dollar market?

To me I suspect you are a business investor rather than a technology investor ie later stage investor and that’s fine Blackbird is not for you.

NickB - you get a bit defensive as soon as there is any criticism of BIRD. I think I'm asking valid investor questions? The story has changed but few really acknowledge it.

If BIRD have the world's best and fastest cloud video editor then yes, of course that should be of interest to Apple, AWS, Google, Adobe.

But that's a big IF and is yet to be proven. Or at least - it's yet to be proven to the people who matter - which is Apple, AWS, Google, Adobe.

It's certainly not proven by the minimal revenues generated by BIRD or by the number of users using elevate so far, or the zero revenues from elevate.

So we should just stay a little sceptical. Would you agree?

As for your....."it might not be for you" line. That's a bit sales pitch-y if you ask me. I like your optimistic approach but your perma-positive position makes me suspect if you get paid by the company at all?

As for your suspicions about me about being a late stage investor, no that's not the case. I invest in all sorts from early stage to late stage.

But on that point....we're 26 years in here!

Are we classing this one as early stage or late stage?
Posted at 28/4/2024 21:08 by chriscallen
The CEO of AVID appointed by the new owner is apparently keen to move the business to the Cloud. The old team was apparently talking to BIRD before the bid was tabled. SBS is on record as saying if AVID tried to do it themselves they could spend many $100Ms, take 10 years and still fail - presumably because BIRD has patented the routes that work. So the new owners are between the rock and the even harder place where they lose their entire investment. BIRD don't have to do anything because by the time elevate.io comes fully online AVID may well have lost major customers if the ITV problem is replicated around other big users of AVID. Those professionals who are wedded to AVID can stay with it and witness their own end customers walking away as the problems increasingly cause time delays and quality issues. Alternatively they can in due time switch to elevate.io (top level option) with its AVID keyboard alternative (we know BIRD has one already which can premably offered on elevate,io) and concentrate their efforts on those areas in which BIRD does not currently match AVIDs capabilities - they might even persuade SBS to do something about them.

This may, of course, be a pipe dream for BIRD but AVIDs nightmare is real enough.
Posted at 26/4/2024 07:49 by chriscallen
Any shhareholder can do the arithmetic using the Allenby Models - the second was basically the same but they increased the expected monthly revenue per user from £25 to £36. Allenby will have been guided by BIRD on such a change.

Taking the first estimate to be prudent elevate.io breaks even with slightly less than 10,000 users and at 25K users they should be generating a positive cashflow of over £4M a year i.e 1p profit per share which must impact on the share price At 500K of users the model suggests cashflow per share of 20p. What would you pay for a share that was generating that and using it to pay a dividend and could be expected to grow much further? At 2M users SSBs fabled £37 share price begins to look less than a dream, especially if the average monthly income is indeed £36. The fact is that elevate.io is a money making machine with margins in the high 90%s per SBS once introductory fees drop out.

Nothing depends on an idea for a product that still needs to be developed. It exists, it works, it has the BIRD Enterprise software to provide reliabilty and speed. Once the paying versions - a tier of options - are available the only variables not under BIRDs control are the speed of uptake and the numbers doing so.
Posted at 26/4/2024 00:03 by papillon
free stock charts from uk.advfn.com


5 year BIRD log chart. It's Strongly Bearish and has been since the start of 2022 when a "Death Cross" appeared on the chart.
I was looking at an earlier thread and in Jan 2020 NickB and others posting today were talking about a £6 share price Why then is the current share price under 6p? What went wrong? Was COVID a factor?
This chart is FACT. Everything else posted on this thread is opinion. Based on the current share price it looks like most investors don't share the same opinion of BIRD's prospects as NickB and the other "believers".
Keynes famously said...... "when the facts change I change my opinion, what do you do, sir?". I'm looking for the facts to change before I change my opinion of BIRD's prospects. The only fact is the share price! If my chart turns Strongly Bullish then I'll have a punt on BIRD.
Posted at 25/4/2024 07:21 by hyperal
A Blackbird processor on Google Axion would be really cool. In fact TPU is designed for AI and graphics processing. About TPU

If this could be done it would be a 5 bagger for Google shares and at least a 1000 bagger for BIRD. Imho.

I would think the Blackbird codec would be the best fit for Google Axion and TPU processors.

Finally technology is catching up with Blackbird. Very exciting.😊
Posted at 18/4/2024 07:59 by chriscallen
Rather than looking on what BIRD should or might achieve the market might draw comfort from what it actually has to achieve. So say BIRD will spend £2M a year on adding to elevate.io and AI innovations. To cover that with an average income from a user of £25 a month (Allenby model 1) will require some 9,600 users if recruitment and ancillary costs are 30% in the first year (again Allenby model).

So if they can do better than that every win will add the cash it generates to BIRDs cashflow e.g. 25,000 users will generate the £2M needed to support elevate.io ongoing costs and add more than £3M to BIRDs total cashflow with more in year 2 as recruitment costs for existing users drop out.

Does anybody think that with SR/MV leading the charge they can't achieve this level and better once the paying product options are launched?

[If the revised assumptions adopted in Allenby Model 2 are adopted the expected monthly income per user would be £36 rather than the £25 used above]
Posted at 17/4/2024 15:09 by nick2412
Yes, the AIM market is broken but things can change. Gervais Williams from the Premier Miton fund which holds BIRD makes that point in his interview with the Times last week:- "The UK is cheap but small caps are disgustingly, absurdly cheap ... I am more bullish than I have been for 30 years."

The likes of e-Therapeutics couldn't raise a bean on AIM but raised just under £30m from an institutional investor after announcing it was leaving AIM. Other fairly solid small-cap biotechs are cancelling their AIM listings.

At least BIRD doesn't have to raise funds very imminently and, when it does, markets should have turned for the better. I would like to know roughly how long before the premium version is released because at present it's hard to judge how much cash they will eat into before they start to get traction. IM is very careful in what he releases and how it is communicated almost to the point of being misleading. We haven't had any guidance on when revenues will commence from elevate.

I'm sure a lot of holders (like me) perceived that when BIRD alluded to a quarter one 2024 release throughout 2023 -it would be a premium product rather than a work in progress. After all, they raised funds for the project in 2021 so it was reasonable to assume it would be complete enough for a premium release.

They don't necessarily have to get 'traction' by the time they need to raise again (although I hope they do) but show they are moving in the right direction and getting good feedback from users. In six months to a year, small-cap markets could have turned bullish in line with Gervais Williams' thoughts. That's just as important for BIRD if they are to remain on AIM as achieving good figures from the premium release.
Posted at 18/3/2024 14:57 by gb904150
Good discussions here. The thing that worries me with this BB is the amount of belief and expectation.

That said...we're a minnow playing in a massive space so perhaps it is justified. And more importantly the starting valuation doesn't seem excessive.

Elevate could be an immense tool to democratise video editing. Power to the people and all that. What once required multi million pound setups (studios, teams, pro equipment) and was beyond the individual can now be done at home with some high quality cameras and cloud editing in a home studio.


Nick B said

If Flexclip had breakthrough technology it would have been acquired.

Just shows numbers are not enough.

But there's more to it than that. Subs generate cash. Cash gives financial strength.

If you have 'the best' product with no subscribers, that's no use (BIRD).
If you have lots of subscribers with an average product (Flexiclip) that's limiting too.

In BIRD's case they'll want to grow or acquire subscribers at the lowest cost.

In Flexiclip's case they'll want to acquire the best technology at the lowest cost.

What it comes down to is financial strength. In either situation the company with the money has the upper hand. BIRD has a decent runway...but the next 12 months is crunch time.

It's a shame we couldn't acquire a lot of subscribers from a mid-range product cheaply. My worry is that BIRD tries to go too small for too long, doesn't get subscribers up and thus drains financial resources.

We need to target Flexiclip's mass of subscribers to get subscription monies into the business to avoid dilution.

Fortunately, insiders at BIRD have a huge stake in the business so are incentivised not to dilute. But to balance that....their track record is one of taking a very long time to get to where they want to be!

fwiw, I took a little top up today.
Posted at 04/3/2024 07:09 by chriscallen
RNS Number : 3531F
Blackbird PLC
04 March 2024

4 March 2024





Blackbird plc (the "Company")



Director changes



Blackbird appoints Anne de Kerckhove to the Board

John Honeycutt steps down from the Board



4 March, London - Blackbird plc (AIM: BIRD), the developer and seller of the market-leading cloud video platform, Blackbird, is pleased to announce that Anne de Kerckhove will join the Company's Board on 6 March 2024 as the Senior Independent Non-Executive Director and Audit Committee Chair. Additionally, John Honeycutt, Independent Non-Executive Director, will be stepping down on the same date.

Anne is an experienced international executive with a wealth of relevant experience in technology, B2B and B2C SaaS, Media and Entertainment, e-commerce, marketplaces and digital transformation, and in helping businesses scale. She also has extensive Non-Executive Director experience of publicly quoted and private companies, including at: i) AIM-quoted Eagle Eye Solutions Group plc, where she chairs the Board; ii) 888 Holdings plc, where she is a Senior Independent Director and Chair of the Nominations and ESG committees and is a member of the Remuneration committee; iii) 7Digital Group Limited; and iv) Metail Limited.

After working as a banker in Canada and then a management consultant at the Boston Consulting Group in London, Anne focused her career on technology and innovation. Until January 2023, Anne de Kerckhove was the CEO of Freespee, a company in the customer experience orchestration space. Before that, Anne held several Managing Director roles in fast growing companies such as Videology, an online advertising technology platform and Inspired Gaming Group.

Anne is an angel investor, mentor and Limited Partner in over 20 early-stage start-ups and entrepreneurial funds including CRE, Daphni, Andela, Flutterwave and Carlili. She is actively involved in promoting women, both on boards and within the technology industry, and is a speaker at business conferences and events. She is also a guest lecturer at INSEAD. Anne holds a Bachelor of Commerce from McGill University and an MBA from INSEAD.

In addition, the Company announces that John Honeycutt, independent Non-Executive Director is standing down from the Board on 6 March 2024 in order to focus on his expanding International client base. The Board would like to thank John for his valuable contributions over the last four years and to wish him well with his future endeavours.

Andrew Bentley, Chairman of the Company, said: "We are delighted that Anne is joining the Board where we know she will make a great contribution. Anne has a wealth of relevant and valuable experience we very much look forward to working with her particularly as we move into this next chapter of product development in the creator economy.

"I would also like to thank John for his support and the great insights he has provided us with over the last four years."

Ian McDonough, CEO of the Company, said: "To have someone of Anne's leadership and strategic calibre join us as a Senior Independent Non-Executive Director at this time will help myself, the Board and the executive team enormously. Her wealth of knowledge and successful experiences in B2C and B2B SaaS businesses will be of immense value as we launch our new direct to creator platform, elevate.io, as well as operating our award-winning professional platform, Blackbird."

Anne de Kerckhove said: "I am delighted to join the Blackbird plc board. The Company has an impressive track record of video creation and editing with some of the biggest brands in media and entertainment and at many of the world's most important sporting events. Now, the launch of elevate.io, aimed at the creator economy, brings a significant and exciting new growth market to the business. I am looking forward to working with Andrew, Ian, my fellow board members, and the executive team to drive the business forward."

As required under Schedule Two, paragraph (g) of the AIM Rules for Companies, further disclosures on Anne de Kerckhove are as follows:

Anne Isabelle Pierre Noemie de Kerckhove dit van der varent, aged 51, holds or has held the following directorships and/or partnerships in the past five years:

Current directorships and/or partnerships:

· UK-888 Holdings

· Eagle Eye Solutions Plc

Past directorships and/or partnerships:

· Kaisa Technologies Ltd (previously known as Freespee Ltd)

· Metail Limited

· DNA Bridge Limited

· 7Digital Group Limited

· Freespee AB (France)

· Kaisa Technologies AB (Sweden) (formerly known as Freespee AB)

There is no further information on Anne de Kerckhove required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.

Your Recent History

Delayed Upgrade Clock