Blackbird Share Discussion Threads

[pat_cash] 29/10/2019 10:19

I doubt Blackbird are ready/willing to sell off parts of the business and I know major shareholders have much higher expectations than £200m for the entire business. Blackbird needs to commercially prove itself before major offers and that requires multiple large contracts – they come exponentially and on the back of for example State Dept and high-profile visibility at IBC alongside Google.
In IM’s time the offering has been rationalised (is eva even any type of priority of the business?!), actual strategy put in place, wide-spanning global sales efforts developed and as we’ve seen recently the win of a large, high-profile, left field contract. More will undoubtedly follow. Now isn’t the time to sell-out, nor to second-guess what’s going on behind the scenes/ with Google – the opportunity you claim is lost perhaps would’ve cannibalised a much larger one.

[nickb] 29/10/2019 09:30

Mcsean

Now I read that news rumour as a positive you read it as a negative 😀

[chriscallen] 29/10/2019 08:54

Perhaps they have another player in mind for eva?

[mcsean2164] 29/10/2019 08:21

Pat_cash,

Haven't sold, was quite positive for the last while but not happy to see Google going elsewhere for video clipping. We have Google's ear and a sale of eva with blackbird clipping would be game changing for us.

Another opportunity lost

[bonio10000] 29/10/2019 08:20

Well, we have that £1m+ in billing on the balance sheet plus the Department of State monies to start being recognised on top of the day to day stuff.

We should be well over £1m in revenues for the year.

[moneygecko] 29/10/2019 07:13

Been on the blackbird hype a while now, all your comments are quite interesting but don’t expect big numbers for some time yet.
My guess is ending 2019 with maybe a modest rise, unless google or a different global brand takes a large stake.

[nickb] 29/10/2019 00:36

I think you might be correct.

[pat_cash] 28/10/2019 23:45

NickB, I think the problem is he did accept the 12p, hence the downbeat messages/trolling now :/ Pop it all in that index tracker though and could be 13p this time next year!! 😮

[nickb] 28/10/2019 22:21

I think I will accept that offer

[bonio10000] 28/10/2019 20:52

It's nice to see Nanga appearing on the filtered list again.

[bonio10000] 28/10/2019 20:51

Back up the truck.

[geheimnis2] 28/10/2019 19:55

Would probably be cash, b

[sideshowbull] 28/10/2019 19:47

Not selling my BIRD

BWTFDIK

[bonio10000] 28/10/2019 19:41

Is the $3bn cash or share for share?

[sideshowbull] 28/10/2019 19:38

There was an offer but that was years ago, many many many many years ago..

No idea on offer amount

$3B seems about right now in today's money if you would want the Blackbird Player. (That has not been released).


£11 party.

BWTFDIK.
IMO

[chriscallen] 28/10/2019 18:32

Is that £200M for IMs 5.79%? If so, I'd have to have a serious think about it. Perhaps the news tomorrow might give a hint for the future. More usually BIRD is like an American short story collection: "It's been a quiet week in Lake Woebegon. Steve got locked in his software laboratory overnight on Monday and was so stressed he invented 14 new products previously unknown to mankind...."

[bonio10000] 28/10/2019 18:30

No need to spend £200m anyway.

When for £5m you can bang out a similar codec.

[nickb] 28/10/2019 18:07

Mcsean
You said you would accept 12p not that long ago.

Maybe you are not cut out to be an investor, perhaps an index tracker fund would suit better.

[mcsean2164] 28/10/2019 17:59

No they did not because if they did, they'd be obliged to share that information with Shareholders. I would say 99% of shareholders would accept that offer, me included.

Of course £1 billion is a nicer number etc. but £200 million would be a good outcome.

[bonio10000] 28/10/2019 14:59

There is a reason IM hasn't sold out for a quick £200m.

[mcsean2164] 28/10/2019 14:54

I360,

Apologies if I'm a bit flippant, you raise some interesting points. However, it's nearly a year since IMs prediction with only US State to show for their efforts. It's very possible that was in the pipeline back in November but given it's a competitive tender process, it would be misleading to assume success on that front. I expect that's more to do with A&E.

So a year later and those deals have not materialised and Google is targeting a clipping company that is not bird for a takeover.

Remember, potential not realised is just that. The automobile was a huge success but how many companies went bust competing with Ford.

Bird need to get a move on!

[invest360] 28/10/2019 13:55

McS - That was what I was talking about. And me too. Tho I suspect that A+E was one of them. I doubt the others have gone away. Would be an interesting question to ask.

[mcsean2164] 28/10/2019 13:49

Invest360,

That stuff has been spoken about at length. I'm more interested in seeing the big deals Ian promised last year

[nanga parbat] 28/10/2019 12:32

Thanks Nick.😇