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

4.85
-0.05 (-1.02%)
30 May 2024 - Closed
Delayed by 15 minutes
Blackbird Investors - BIRD

Blackbird Investors - BIRD

Share Name Share Symbol Market Stock Type
Blackbird Plc BIRD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.05 -1.02% 4.85 14:08:37
Open Price Low Price High Price Close Price Previous Close
4.90 4.85 4.90 4.85 4.90
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 25/5/2024 20:11 by sideshowbull
I posted on guild earlier did not think much of it until some found my post confusing.

For clarity.

I received an email about the AGM,, Blues also got a similar email.

Will copy and paste now as seems to be a topic of discontent, I have no idea why .


BWTFDIK

SSB


--------------------------------------------------------------------------------

"sideshowbull25 May '24 - 18:48 - 13649 of 13649 Edit
0 0 0
"GN sorry - I only now read back"..


"Email was":

Dear Beneficial holder


Blackbird plc (the ‘Company’;) – 2024 Annual General Meeting


The Company’s circular dated 20 May 2024, which includes Notice of its 2024 Annual General Meeting, has been published and is available for download from the following website: www.blackbird.video/


The Company’s circular can be found in the ‘InvestorsR17; section. To access the document, you will need to have Adobe Acrobat Reader or an alternative pdf file reader.


The Annual General Meeting (AGM) will be held at 10.30 am on 18 June 2024 at the offices of Blake Morgan LLP, 6 New Street Square, London, EC4A 3DJ.


Instead of attending the meeting in person, shareholders are invited to submit their proxy vote electronically using the Link Investor Centre app or by accessing the following website and the notes at the end of the Notice of Annual General Meeting provide relevant instructions:

hxxps://investorcentre.linkgroup.co.uk/Login/Login


Alternatively, you may request a hard copy proxy form directly from the Company's registrars, Link Group, Central Square, 29 Wellington Street, Leeds LS1 4DL, email: shareholderenquiries@linkgroup.co.uk, telephone number: 0371 664 0300. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Link Group is open between 09:00 hrs - 17:30 hrs, Monday to Friday excluding public holidays in England and Wales.


Yours faithfully

Martin Kay

Company Secretary"
Posted at 24/5/2024 18:30 by sunbeam100
Was an email from blackbird Dear Beneficial holder, Blackbird plc (the 'Company') – 2024 Annual General Meeting The Company's circular dated 20 May 2024, which includes Notice of its 2024 Annual General Meeting, has been published and is available for download from the following website: www.blackbird.video/ The Company's circular can be found in the 'Investors' section. To access the document, you will need to have Adobe Acrobat Reader or an alternative pdf file reader. The Annual General Meeting (AGM) will be held at 10.30 am on 18 June 2024 at the offices of Blake Morgan LLP, 6 New Street Square, London, EC4A 3DJ. Instead of attending the meeting in person, shareholders are invited to submit their proxy vote electronically using the Link Investor Centre app or by accessing the following website and the notes at the end of the Notice of Annual General Meeting provide relevant instructions:https://investorcentre.linkgroup.co.uk/Login/Login Alternatively, you may request a hard copy proxy form directly from the Company's registrars, Link Group, Central Square, 29 Wellington Street, Leeds LS1 4DL, email: shareholderenquiries@linkgroup.co.uk, telephone number: 0371 664 0300. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Link Group is open between 09:00 hrs - 17:30 hrs, Monday to Friday excluding public holidays in England and Wales. Yours faithfullyMartin KayCompany Secretary
Posted at 16/5/2024 07:22 by salmon9
Whilst I fully understand how the continual side in the share price is emotionally depressing, taking a perspective standing back from Blackbird and the launch of elevate.io, I don't see that the essentials of the plan have changed in any significant negative way.

1. Current evidence of elevate indicates that it is on track to being the most advanced video editor for it's large target market. The visible evidence is that testing has been going well with no technical glitches.
2. It was made clear to us from the outset that the full version of elevate.io would be launched when it was ready and not before.
3. Sufficient funding was raised, at the outset of the project, to cover the pre full launch development and there is no evidence that the funds available will be insufficient.
4. Blackbird is continuing the development work without the distraction of managing publicity about the developing product. The time for publicity will be when the completed product is visible and available to all.
5. Blackbird will pursue a well planned go it alone launch and progression unless there is a pre launch serious approach by a large tech company. Such an intervention would be dealt with on it's merits.
6. Sumit has managed the elevate product from the outset and continues to do so with clear enthusiasm.
7. Mo Valans, after 2 years working in support of Sumit seems to have stepped back from a full time involvement in the project which may simply be a natural evolution, as the project progresses. Whatever, the detail is on this change, it is manageable.
8. The share price continues to slide, due to low selling volumes, probably mainly from one or more institutional investors due to lack of news and their own investment cash flow issues. At this stage, there is a lack of accessible information and publicity that would tempt new investors. Existing investors have acquired all the shares that they feel they need.

So, taking all the above into consideration, I don't see that the exciting opportunity for Blackbird and elevate.io is any less than it was in the first place. Infact the positive feed back from general release testing indicates that much progress has been made.
What is needed from us now is patience, respect and support for Blackbird's management and their team, so that at this critical stage, they know we are behind them.
The last thing they need now is negative speculation from the very people who have bought an investment position in Blackbird.

I have been in situations like this with other businesses and I am convinced that that this is the best way forward.

The analogy isn't perfect, but even in football matches, supporters generally cheer their team, in order to encourage them, regardless of how the game is progressing.
Positive support can feel empowering.
Posted at 13/5/2024 10:59 by salmon9
I sense that Blackbird and their staff are very excited about the breakthrough that they believe elevate will provide for video editors. They are working hard to get elevate to the stage of being a complete product that many users will to subscribe to, and of course the development of elevate will continue far into the future, on an ongoing basis.
The Blackbird leaders have put a huge amount of careful thought into the plan for rolling out elevate, and both Sumit and Mo have proven successful experience in exactly this market area. It's clear that they believe that elevate will be a big success.

Whilst Blackbird are making some announcements about the development of elevate, they are being measured in what they say, and have not engaged in any attention seeking high profile announcements or articles. They are just letting people know, in a low key way, that elevate is progressing and will in the not too distant future be launched fully.

At this stage they want a manageable number of potential users to take a look at elevate and get the feel of it, but they are not seeking much attention. The right moment for that will come.

In the meantime the share price is under pressure due to lack of investor buying. We know at least one institutional investor has been selling over a long period of time, and since this persistent selling is not being matched with equivalent buying, and the news has been muted for several years, the share price has declined and declined. Even today, someone has sold 99,198 shares at 5.05p, and you would wonder why, at this stage, anyone would decide to do that!

There is little up to date circulating knowledge and excitement about Blackbird's prospects amongst the general investing public and so the relatively muted public announcements about elevate have not so far increased their appetite to buy Blackbird shares.
The hardcore of Blackbird followers on this well informed ADVFN thread are generally optimistic about Blackbird's future, because they have analysed every piece of information that has been released, and they have tried to assemble an almost complete jigsaw revealing what is going on. However, whilst this has helped maintain optimism and a level of confidence, it hasn't resulted in much share buying because these investors have already bought as many shares as they feel they need.

It feels like being becalmed in the doldrums, or waiting at the railway station for the delayed train to arrive. The electronic notice board announcing the expected train arrival time is switched off!

The final piece of the jigsaw will probably reveal whether Blackbird progresses elevate single handed or whether elevate will be launched by an independent market leader. Both avenues should lead to a significant success for Blackbird and it's shareholders.
Posted at 09/5/2024 14:10 by salmon9
It seems to me that the share price is unbelievably low for a number of combined reasons including:
1. Blackbird keeping elevate.io publicity under the radar seemingly until it is ready to launch with all it's bells and whistles.
2. The lack of hype, over such a long time, has led to a long term decline in interest from investors. Schroders and maybe other institutional investors have been selling persistently with no regard for their effect on the share price, and retail investors have lost confidence until they can see a sustained recovery starting.
3. AIM is having a very bad time even though the FTSE 100 is pushing through all time highs.

The net effect of all this is a share price which places no value at all on elevate, which is, in a rational sense, illogical. After all, Blackbird's technical track record in the field chosen for elevate, the patents, the product seen in general release, all coupled with the proven capability of the staff running this project who know exactly what their careful strategy is likely to achieve, suggest that this will be a success in one way or another.
The problem as far as potential investors are concerned is that apart from a few who contribute their thoughts on ADVFN, IT IS ALL A HUGE SECRET!!

To change the current situation, it needs the chargeable product launched with associated publicity, and the word to spread, and people to sign up, and then the upward trajectory in the share price will take off. However, it has been made clear that elevate won't be launched until it is totally ready, with the necessary plug ins and flawless performance. A target date for this is not given presumably to avoid negative publicity if a tentative launch date is given and then delayed.

Hopefully we will get past this blockage in a couple of months!
Posted at 02/5/2024 15:19 by nickb
hornblower
There are regulations a broker a number of institutional investors a Chairman and a no executive board of directors and employees who are also investors.

But if you want to worry about it then yes!
Posted at 02/5/2024 15:05 by gb904150
I'd like to add another point on the +ve side.

There is no point acquiring a small, innovative, dynamic company too early

before the tech is ready.
before all the patents are in place.
before it is fully proven.
before it has at least some, raving fans as users
before the small, dynamic team have taken it as far as they can/should themselves

There's a lot of legwork to be done getting these things right. Just like majors aren't interested in mining minnows, even with the best deposits until it's all proven up, mining licences gained, feasibility studies completed.

There are years of donkey work there that a major just couldn't do.

So it's similar with a suitor for BIRD. There's no point integrating it into a behemoth like AWS, Adobe, Apple, Google, MSFT, META until it's genuinely ready.

In the wrong hands it wouldn't make the right progress.
Done too early - it wouldn't have the same impact.

So then it's a question of whether the tech is genuinely ready and if/when it is - how will we know that.

Quite a few have said BIRD have already proven the tech but I'm not sure on that yet. Their user feedback for the elevate event was very good but it will take time.

It also remains to be seen how many pro features they are able to successfully integrate from their M&E capabilities and into elevate.

I would say we are all early investors here. Just some investors are earlier than others!
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 08/4/2024 15:58 by hyperal
Pokerchips2
"BIRD needs to provide a reason for people to invest and that means contracts and revenue"

The value in Blackbird is not about its profits, but the company showing what can be done with its disruptive technology, it's about education and selling that technology on to a company that understands it and can make full use of it to make massive profits. It's the codec and connected software, along with IP that will make us billions. It won't be AIM investors who dictate the SP, it will be a big corporation. One day share price will be 6p next day it will be £3+ and that overnight rise will never come from AIM private investors as these investors just don't understand this business model. IMHO.
Posted at 27/3/2024 10:19 by nickb
Cabi

Personally I want to to see quality of users playing and testing not quantity at this very early public stage.

investors are going too fast!

ITS NOT A LAUNCH

Investors should watch the investor meet presentation

Your Recent History

Delayed Upgrade Clock