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BIRD Blackbird Plc

5.65
-0.10 (-1.74%)
16 Apr 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
-0.10 -1.74% 5.65 09:36:30
Open Price Low Price High Price Close Price Previous Close
5.75 5.65 5.75 5.65 5.75
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Blackbird BIRD Dividends History

No dividends issued between 16 Apr 2014 and 16 Apr 2024

Top Dividend Posts

Top Posts
Posted at 10/4/2024 12:37 by chriscallen
pat_cash BIRD has two things going for it that others do not: it's very difficult to convert a complex existing product into a Cloud Native product AND BIRD has closed off the best ways of doing so by patenting how they do it.

It seems likely that both the existing BIRD software and the new elevate.io product will be complementary and, if so, we should see better results in both areas. I still think that the potential uptake speed is generally underestimated as hardware speeds are still increasing, fibre is becoming widely available and more and more products are becoming Cloud based. If they do use significant influencers it will be interesting to see the results and whether it is more cost effective than the historical ways new products have been brought to market. AI may already be improving focus in identifying potential users.
Posted at 08/4/2024 20:34 by chriscallen
The markets are no competent judge of value here or in the US - you only need to look at the DJT price on NASDAQ.

BIRD has the technology, much of which is protected by patents, so competitors cannot easily duplicate what they do. The basic technology common to Enterprise and elevate.io is clearly faster, less energy intensive and therefore cheaper and greener than existing technology and can be used by teams working together anywhere in the world.

The big question is whether it is still ahead of what its markets want and for which they are prepared to pay. AVID looks to be in trouble post its acquistion and Adobe are no nearer to becoming Cloud Native which suggests that the market is still in transition. On the plus side BIRD and its technology is known to the big players like AWS, MSFT and Alphabet.

What we don't know is how actualy SR/MV plan to market it and gain 1M users so do we trust their judgement and their ability to make it happen?. What we do know is that even half of that figure would transform the current share price

I will top up on BIRD holdings as finances allow.
Posted at 07/4/2024 20:10 by mcsean2164
What horrors will unfold this week? Stay tuned. Same bird time, same bird company, good luck birdwatchers.
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 08/3/2024 11:47 by nickb
Cyber
‘ The only other option would be for Bird to actually show and demonstrate Elevate to Adobe, Apple etc before launch - but it seems inconceivable to me that it would be acceptable to management or shareholders that our amazing product should be shown to major competitors in secret in advance.’

Cyber
elevate.io as a product or platform is not secret, we all know about it but because most investors don’t have the depth of knowledge on video editing products they find it secret.

The secret is the business plan and numbers calculations for elevate

Firstly elevate is based on our Blackbird enterprise product that is available to Adobe or anyone else to try so that’s not secret.

Secondly elevate is not reinventing the editing user interface it actually looks like an Adobe product!
Collaboration is new.

Thirdly if we know about elevate I’m sure Adobe does it’s not like they don’t have any experience in building video editing software and have no experience building web based browser apps

What they want to know is does Blackbird video technology now work on public Cloud at scale and efficiently.

It’s blackbird moving to public Cloud that is the game changer to the big boys.
It’s the back end tech rather than the front end interface

Is an Adobe ‘experienced and connected’ editor testing? Yes of course imho
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.
Posted at 27/2/2024 23:46 by nick2412
I'd be delighted with an early takeover but BIRD will be in a stronger position to negotiate a higher price once they get traction. At some stage, the player will be integrated and BIRD will sell/offer data feedback to creators just as Google do for website creators. BIRD the Google analytics equivalent of video? Probably not, but it will 'steer' (to use Steven Streater's word) subscribers to elevate and help monetisation for both the creator and BIRD.
Posted at 16/2/2024 08:16 by horneblower
Spotting unicorns before they are unicorns is not something which many funds manage to do, otherwise there would be many more over-performing funds about.

Even if Allenby tipped a few funds that BIRD was a potential unicorn, a fund would find it hard to get a proper understanding of the risks and potential opportunities that BIRD represents. They would expect to meet the BIRD management, who would not be able to tell them much more than what they tell all shareholders.

BIRD's BOD cannot themselves 'know' how successful (or not) their product will be or their chance of being taken over.

Funds make decisions on a risk/reward basis taking timing into account. They are unable at this stage to properly understand the current risk/reward equation, so they will wait until things are clearer

Only mad private investors like us make the decision to invest early without knowing the real risk profile. We may think we do...but we don't!
Posted at 15/2/2024 02:22 by nick2412
Some fair points and it's all about opinions. My reply in caps just as my day starts here on the other (sunny) side of the globe!

NickB15 Feb '24 - 01:46 - 12687 of 12688
0 0 0
So if the take out price was say 300p what price should it be the day before?

IF AN AGREED PRICE WAS 300P (£1 BILLION PLUS) THEN THERE WOULD BE SOME RISE ABOVE A £26M MARKET CAP AND BIRD WOULD ALREADY HAVE HAD TO ANNOUNCE THEY WERE IN TALKS AND THE SHARE PRICE WOULD THEN START TO REFLECT ACCORDINGLY.

And how would you explain it trading above say 14p? +100% from here? eg it was trading at 100p but no one knew why?

EVERYONE WOULD KNOW WHY AS BIRD WOULD BE REQUIRED TO EXPLAIN BY AIM REGULATORS AND THEY COULDN'T SAY "WE KNOW NO REASON FOR THE SHARE PRICE INCREASE" WITH AN ARTIFICIALLY DEPRESSED PRICE IN THIS INSTANCE IF YOUR THEORY IS CORRECT. THAT DOESN'T MEAN BIRD WON'T HAVE DEVELOPED THE PLATFORM WITHOUT HAVING ONE EYE ON A FUTURE ACQUISITION. FORMAL OR SEMI-FORMAL DISCUSSIONS ? - UNLIKELY IN THE ABSENCE OF ANY MARKET GUIDANCE ON THIS.

Wouldn't that be a false market?

YES, SEE ABOVE

If Big tech has spent the last few years in conversations with us (my belief) why would they wait months or years after Blackbird 10 is released before making a move?

EQUALLY, WHY NOT NOW, WHY NOT TWO YEARS AGO WITH PART OF THE DEAL FOR SS AND CO. TO INTEGRATE THE TECH WITH ADOBE. YOUR POINT OF WHY WOULD ADOBE RISK ANOTHER PARTY BUYING. YOU MIGHT MENTION EXCLUSIVITY/NDA'S ETC BUT IF BIRD WERE WOKING WITH ADOBE NOW THEY WOULD HAVE TO ANNOUNCE AS SUCH EVEN IF THEY DIDN'T SPECIFY THE NAME.

Why do you think big tech doesn't have the skills to be able to asses our technology Blackbird 10 and our video editing products enterprise and elevate +player?

SEE ABOVE. WHY NOT NOW OR SIX MONTHS AGO. BIG COMPANIES SIMPLY DON'T RUSH, IT'S JUST A CULTURAL THING WITH THE MEGA COMPANIES AND THE SPEED/STAGE THEY OPERATE.

Why do you think only subscriber numbers tell a tech company we have a good product worth buying?

NOT SOMETHING I SAID IN MY POST AT ALL. AFTER ALL, ADOBE ACQUIRED FRAME.IO FOR ITS TECH AT $1.275B WITH RELATIVELY MEAGRE REVENUES AND AN UNHEARD OF 60 X $21m REVENUES MULTIPLE.

Why would a big tech company risk another big tech company make a first move? Risky

AGREED BUT AGAIN WHY NOT NOW OR SIX MONTHS AGO ON THE BASIS OF THAT LOGIC. BIRD'S INTENT HAS BEEN ANNOUNCED SINCE THE FUNDING TWO YEARS AGO. ANYWAY WE WILL FIND OUT SOON. MY GUESS IS AN ACQUISITION BY SOME PARTY, NOT NECESSARILY ADOBE, SOMETIME IN 2O24. THAT'S NOT BECAUSE OF ANY USER NUMBERS NEEDED TO PROVE BIRD'S TECH BUT BECAUSE OF THE PACE BIG COMPANIES OPERATE. THEY ARE FAR FROM NIMBLE. IF TALKS HAVE BEEN ONGOING FOR AS LONG AS YOU PERCEIVE THEY WOULD HAVE HAD TO ANNOUNCE AS SUCH. FALSE MARKETS WORK BOTH WAYS: ARTIFICIALLY INFLATED OR ARTIFICALLY (IN THIS INSTANCE IF YOUR THEORY IS CORRECT) DEFLATED.
Posted at 17/1/2024 09:35 by chriscallen
The charts cannot predict events. For example, Covid favourably impacted on some businesses but many other went bust. BIRD is currently like the curate's egg - good in parts. It has a mostly dismal past record but it does have world beating software as evidenced by its user customer base. The impact of a Prosumer product was probably foreseen by very few investors and as of now neither the charts nor most investors appreciate how it will impact on the likes of Google, Adobe, Avid etc. Some businesses will grasp the opportunities and others will not and will decline. As a long-term BIRD investor I think the future is bright but not for the reason I originally invested though that may yet come good. What causes me most uncertainty is the speed at which elevate.io will impact on the share price A bid would obviously impact immediately as I guess a deal(s) for deployment by a large user(s)would as well. If that does not happen the rate at which the BIRD team can get it widely adopted will be key and if they get a significant base of users quickly which BIRD make public that will create investor interest and a sharp rise in the share price could come later this year with more growth in the future. Potential competitors remain a concern but accessing the Cloud in the way that BIRD does is unlikely to be easy for them. If the share price got to 50p-£1 in the short term (1 -2 years) I would be happy but would continue to hold on for the medium term 3-7 years) as I do not think in City terms but am more inclined to the Japanese model of long-term being 8-50 years though in the one instance I experienced they took a long term view and wiped out their UK competitors in 2 years.

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