Blackbird Share Discussion Threads

[moneygecko] 27/11/2019 20:29

is blackbird linked or 3rd party deal to ibm cloud or alibaba cloud?

[sideshowbull] 27/11/2019 20:25

I have just read through the whole release again. Something caught my eye, maybe I scan too much and brain is cooked. But I can't remember ever seeing the tag line..

27 November 2019, New York and London - Blackbird plc (AIM: BIRD), developer and seller of market-leading cloud video platform Blackbird, has signed a significant multi-year deal with Bloomberg Media for fast turnaround news editing and social publishing. The annual revenues from this deal will be significant for Blackbird.


Just me or have I never seen the tag before?

IMO

BWTFDIK.

[sideshowbull] 27/11/2019 20:07

Give me a G

BWTFDIK

[_m_k] 27/11/2019 20:00

so bloomberg are using aws. was aws being written off by this bb only a few days ago? a week is a long time!

so if bloomberg are on aws what is google cooking?

[geheimnis2] 27/11/2019 19:58

Well that would be nice

[bonio10000] 27/11/2019 19:57

CNN would see us at 50p. Imho

[geheimnis2] 27/11/2019 19:48

Thanks nick

Nice article showing how significant this is

20p broken tomorrow

Lots of other news orgs to follow? If Bloomberg need it - they all do.

Just a thought?

[sideshowbull] 27/11/2019 19:31

Sorry Horne, true


I am a chart geek, thought was just you and I.

[sideshowbull] 27/11/2019 19:29

Hopefully not.

Imagine as a PI trying to get a large pot say 250k plus.

I think I will ask for an audit of all SIPP and ISAs

hmm


BWTFDIK.

[horneblower] 27/11/2019 19:28

ssb, you left me out. I invest purely on the chart.

[geheimnis2] 27/11/2019 19:23

Remember the comment in the interims about IM buying when permissible?

Wonder if we will see anything tomorrow- or is more news on its way???

[bonio10000] 27/11/2019 19:16

The BIRD is the word.

[sideshowbull] 27/11/2019 19:16

There are a core here who understand what BIRD is.

There are a few that appreciate BIRD, a bit of tech and may make them a few bob.

There are a few who are convinced the technology is a game changer.

There are a few who only consider fundamentals.

There are a few chart analysts who have a technical knowledge

Then there are traders who have no clue.


#notgettingmybird.

BWTFDIK

[nickb] 27/11/2019 17:43

I don’t see it as the company turning the corner.

it’s the Video industry that is turning the corner straight into the oncoming BLACKBIRD truck with its headlights on full beam!

That’s the way I see it

[richard107] 27/11/2019 17:25

Thanks . Some very interesting and thoughtful posts this afternoon.
The next full year results ( March / April ) will give an update and hopefully a forecast with any luck . I will be good o have some figures to work on . It might even get a mention in the press .
When Allenby were appointed a few years ago, they published a review of the company giving various scenarios . I’m not sure what the rules are now under MIFID but would be good to know what they think now .
The good news is that the company seems to have finally turned the corner .
About time too !

[cabi1] 27/11/2019 17:16

Chriscallen. Great post.

[cabi1] 27/11/2019 17:15

One thing we have learnt from today is that when BIRD are silent it’s a good thing, because it means a deals coming. By the way nice finish today, nice squeeze up into the close. The herd have arrived on the LSE thread. Lol.

[chriscallen] 27/11/2019 16:23

What do we know about BIRD? It is a software company with a product that is currently a technological leader in its chosen market place and that lead is protected by patents. The product works and this is independently attested by users. Any further development costs are likely to be low as compared with creating similar software from scratch. The company can look to make a margin of 85% on sales.

So if, to make the numbers easy, a P/E of 10 is assumed then to support a market cap of £50M would require net profits of £5M and that in turn would need sales of slightly less than £6M plus say £3.5M to cover the current levels of staffing, travel etc. giving a target turnover of around £10M. In fact companies in this sector can grow at rates not seen elsewhere so P/E ratios at the outset may be markedly higher especially if there are signs that the software is likely to become a market leader. The contracts already in place suggest that the strategy adopted under IMs leadership is working and further large sales may now be possible. If, for example, annual sales reached £25M a net profit in excess of £17M should be expected which on a P/E of 20 would give a value well in excess of £1 a share and at £50M of sales the profit would be of the order of £39M and a share price of around £2.60

Obviously 5 year contracts give a real measure of stability and this coupled with explosive sales growth could boost the multipliers considerably. I don't have any idea of what the ultimate market size is but I do believe it to be substantial and BIRD has only just begun its plan to win a goodly share of what is available. My gut feel is that within 5 years BIRD could have an share price climbing towards £10 if they are successful in their targeting of major customers.

Any potential bidder would have to match this potential return and compensate shareholders for its loss with a capital sum which will not give a return if invested elsewhere at the rate BIRD may be able to achieve i.e. any shareholder who can get double digit dividend growth will want a sum that will deliver the same amount from lower yielding stocks.

In 1990 you could have bought Microsoft then just a software company for US$0.60 and today it stands at over US$150.00, a growth of over 250 fold. Applied to BIRDs level before today's news that would give around £32.50 a share... enough to satisfy any investor here now.

[74tom] 27/11/2019 16:18

Buyers returned, should see an explosive close and gap up tomorrow...

[bonio10000] 27/11/2019 15:12

You only value explorers, drug or not tech companies on profits.

Of course you do.

[astralvision] 27/11/2019 15:06

I think that sums it up, Gh2.
I can see what you are saying, richard107, it's sometimes difficult to marry up the disconnect between the amazing global potential of BIRD are being a central and integral part of the move to cloud together with the,imo, low market cap of some £50m yet on conventional measures of m.cap/sales ratio, sales, estimates of profits, past performance etc then that £50m can look full.
I guess you just have to look past conventional measures and assess if what BIRD have could be very valuable. If you are investing on conventional measures then BIRD probably or definitely isn't the a share worth buying on that sort of measure.
Another angle is the massive amount that IM and family have put into this, in terms of buying the shares.

[geheimnis2] 27/11/2019 14:47

unique technology with enormous market

just starting the journey to tap into that market

most likely will be bought out someway along that journey

buy out would be multiples of current share price imho

[richard107] 27/11/2019 14:44

I assure you that I am “ real “ . At the current share price the market cap is over £50m . On a generous ( in my view ) p/e of say 15 , the company will need to make profits of some £3m a year .
People can obviously put in any figures and ratios they like , either more or less optimistic . I simply think that it is important to be realistic and keep feet on the ground .
Rather than wild projections based on charts , has anyone got a sensible view on what sort of profits might be possible ? A difficult question without any guidance from the company .
In the meantime , the current financial year ends at the end of December and will probably show another loss of some £2m .

[geheimnis2] 27/11/2019 14:24

#notselling