Blackbird Share Discussion Threads

[cabi1] 02/12/2019 19:07

Some very chunky delayed buys coming through.

[nickb] 02/12/2019 18:24

So that’s a yes to 20p then😀

[moneygecko] 02/12/2019 17:25

Best to put charts and other templates in bin, this is BB
I don’t see anything worthy of 20, potential yes but reality no

[geheimnis2] 02/12/2019 17:24

true in theory, b

but the price is set by the market which probably isn't quite so rational for micro caps like BIRD

I think we will be back up to 17p+ soon once there has been a bit of a tree shake!

[nickb] 02/12/2019 16:28

Wouldn’t it stay around these levels until the placement has completed?

[scrutable] 02/12/2019 16:14

The further share price retracement today could have been expected - according to Fibonacci principles - to 16.5p, butit has gone further today to 14.7p.

One would not expect it to fall further, but to whiplash and run back beyond 20p.

I am looking to see how far the theory works as America wakes up after Thansgiving.
We have not seen the USA take note of the Bloomberg contract

[richard107] 02/12/2019 14:40

I don’t think it is possible to work out a sensible valuation for the shares without knowing what the likely revenues are going to be from the Bloomberg deal . And also associated costs .
Any institutions interested in the shares for tech / small cap funds have probably been satisfied in the placing so the shares might drift for the time being .
Always frustrating that the company will not say what revenues are possible when announcing deals .

[invest360] 02/12/2019 11:03

Agreed. It's been very interesting as it's an area I know almost nothing about. That said, I suspect that being a pretty illiquid tech start-up (and so much less stable than a FTSE 250) charts mean less here as every announcement has a seismic impact on the price. I guess it does show where buyers and sellers are likely to be flushed out and where the share price is likely to settle?

[bluesbreaker] 02/12/2019 07:47

I'd like to second horneblower's thanks. But to add his name to the list, because I welcome his comments on the chart.

[nickb] 02/12/2019 00:19

Peanuts compared to other video technology companies.

A very recent example of a small company in our space is FrameIo

Last week raised $50m and they raised $30m I think around 2-3 years ago.

We have built the Blackbird Cloud video platform very cheaply.

Will that investment pay off biggly as we enter the Cloud era in video production?

Yes I think it will.

[mcsean2164] 01/12/2019 23:49

Here's hoping, at least this time it's at 14p

June 2018 it was 5p



Let's not forget Aziz 3 million at 10p



Then of course 8 million in 2013 at 20p




That is around 23 million in 6 years. It doesn't take them long to burn through the money.

[sikhthetech] 01/12/2019 21:40

I held FBT years ago and regularly saw them come back with placings...

Last year's placing was also after a 'significant' deal with a major US Media company...The placing was also oversubscribed..

Do FBT earn anything from these 'significant' deals with US Media companies??..If last year's deal was also 'significant' then why have they come back for more
money again...

If it's different with Bloomberg then it could be a game changer but it won't be known for at least a year...

[sk02457] 01/12/2019 16:19

Sikhthetech1 Dec '19 - 14:02 - 4123 of 4126 (Filtered)

[nickb] 01/12/2019 16:08

The thing is if we want success in the US market we need more people in the US

[sikhthetech] 01/12/2019 14:02

They also had a placing a year ago just after announcing a 'significant' deal.


"Looking ahead, the company's "significant six-digit" deal with TownNews.com - where Forbidden Technologies will provide production infrastructure to US media company Meredith Corp's 17 regional news networks - will see its first invoiced sales in October."

[astralvision] 01/12/2019 13:59

Re 20p, that would be good! ?

[geheimnis2] 01/12/2019 13:15

Could break 20p next week?

[horneblower] 30/11/2019 19:11

Thanks all, particularly Invest360, NickB, richard107 and cabi1 et al for helpful posts.
Great thread at the moment.
Roll on 40p and beyond.

[nickb] 30/11/2019 13:12

MK
The industry had/ has that same issue with Apple
who has let the industry down badly on multiple occasions so enterprise level customers won’t build workflows on Apple solutions so it’s something that is considered of course in our case is our financial strength so we can now pass that test.

[_m_k] 30/11/2019 12:30

far1066 - a question long on my mind and must certainly have a bearing on adoption, for example how can a firm as large as Bloomberg build a workflow around a technology when there's a risk it's sold derailed (e.g. SnappyTv). wonder how this is managed.