Blackbird Share Discussion Threads

[invest360] 28/10/2019 11:19

Not yet McSean. The big bet is that contracts do come through thicker and faster as time goes on. That is, after all, why we are so excited by this stock: the share price simply doesn’t represent the underlying opportunity. In my B-to-B SaaS business we can go months with consolidating on a contract and then do 7 or 8 in a month - and EVERY contract keeps getting renewed year on year - so growth is continually consolidated on top of past sales - just as with BB. It is frustrating standing by awaiting news, I agree. But a lot of us have taken the view that the market has come of age and BBs tech solves exactly the problems the industry is waking up to; and that it does so pretty much uniquely. Evidence that it really does work can be seen in the exponential growth of initially small contracts - and having become the darling of Google Cloud. Watch this space, I say...

[nanga parbat] 28/10/2019 10:03

Mcsean, why don’t you take some of the medicine bonio’s been taking? It’s worked wonders for him!!!

[pat_cash] 28/10/2019 09:51

Too bad you sold so much at the bottom of the market McSean :/

[bonio10000] 28/10/2019 09:44

If it was a quick turnaround then it can't have been one of the November deals mentioned by IM.

Irrespective of prospects, we are (another) 12 months on from that now.

[nickb] 28/10/2019 09:42

Mcsean
You could say that or you could take a more bullish view of our technology and prospects. 😀

[mcsean2164] 28/10/2019 09:31

Hmmm.. I guess we must assume that all the big contracts to which Ian referred, failed to translate into sales. 😢

[nickb] 28/10/2019 08:46

We would not have any competition in a tender so yes 2 weeks would make sense.

[invest360] 28/10/2019 08:01

Yes. I was a little surprised by that. I suspect the 2 weeks was the period of the tender, the requirement having been specified previously over a much longer period.

[chriscallen] 28/10/2019 07:14

Once they get a foot in the door they do seem very able in expanding the contract quite quickly. The problem seems not to be finding the doors because there are plenty of them but persuading potential customers that it really is an exceptional product offering real benefits and cost savings. Perhaps its price is too low? After all would you buy a new Ferrari if somebody offered it to for for 15p?

[sideshowbull] 28/10/2019 06:48

That's the one I was referring to Nickb.

[bonio10000] 28/10/2019 06:08

Time for an A&E contract expansion?

[bonio10000] 28/10/2019 06:07

Is today the day that another deal drops?

[nickb] 27/10/2019 23:58

Invest360
2 weeks?
I’m surprised that quick.

Client must have been under pressure to move to the Cloud fast.

[nickb] 27/10/2019 23:39

SSB

I remember being struck by this comment from Ian


“When authorised to do so, and within the regulatory parameters of our AIM listing, I have continued to increase my holding in the Company for which I see such great potential."

[invest360] 27/10/2019 21:02

The US State Department contract is not one of the three he was referencing previously, as my understanding is it was a last minute deal that was done and dusted within two weeks. Incidentally, that speaks to BB being able to sign contracts increasingly quickly.

[metis20] 27/10/2019 19:44

Not to mention the 23 September announcement - U.S. Department of State chooses Blackbird



Ian McDonough, CEO of Blackbird, said: "We are delighted to win this publicly competed tender from such a high-profile international customer. As a large-scale non-traditional video broadcaster who is expanding their output, the U.S. Department of State had the entire plethora of available technology and more traditional tools to choose from. They have chosen Blackbird because, simply put, we can do things that no other cloud video platform is able to do. We can deliver unparalleled speed, high quality, full interoperability and scalability which is ideal for both large and small teams alike. The deployment of Blackbird is designed to raise the quality of output and drive engagement as well as internal productivity."

[bonio10000] 27/10/2019 19:44

The BIRD is the word !

[metis20] 27/10/2019 19:42

Interims Ian McDonough, CEO of Blackbird, commented:

"The overriding theme for Blackbird in 2019 is momentum. The first half of 2019 has been an incredibly busy period for Blackbird and has seen our renewed strategy on sports and news gain traction, with the Company booking record revenues for the period and doubling our deferred revenue and contracted order book since 31 December 2018.

"Blackbird is a market leading product and all evidence points to the industry's large-scale transformation, of moving to the cloud for its video editing needs, as now being well and truly underway. Our revised strategy is now 'bedded in' and the sales traction demonstrated in new sectors with a different breed of customer demonstrates that we are strongly positioned to capitalise on this significant industry shift.

"When authorised to do so, and within the regulatory parameters of our AIM listing, I have continued to increase my holding in the Company for which I see such great potential."

[astralvision] 27/10/2019 19:11

Gh2Wouldn't it be lovely! Fingers crossed.

[astralvision] 27/10/2019 19:10

Was it interim results or full year?I like the 'very significant ' phrase from the interims, would seem to signify something much more than just the IBC show.'It is very significant that Google has identified Blackbird as a key partner for the upcoming IBC show in Amsterdam; we will be on their booth meeting their prospects and customers.'

[geheimnis2] 27/10/2019 19:04

Another contract to round off the month would be nice?

[sideshowbull] 27/10/2019 18:44

Chris, there was one other comment that caught my eye.


BWTFDIK

[chriscallen] 27/10/2019 18:43

IM has said quite a lot not least towards the end of last year when he explained what he meant by small, medium and large contracts. I recall words to the effect that they had several (=3 or more) large contracts targeted. The State Dept contract could be one but we are still patiently awaiting the others though some existing clients are flying higher and faster than expected too.

[sideshowbull] 27/10/2019 18:17

Anyone remember the statement in results from IM?




BWTFDIK

[noirua] 26/10/2019 15:38

Blackbird (Software)

Video Editing Software

Comparison of video editing software