Blackbird Share Discussion Threads

[nickb] 10/2/2020 20:27

It’s early for the full exhibitors list
But highly likely we will be on other companies stands so watch for news

[geheimnis2] 10/2/2020 20:26

What sort of companies would be OEMs? Google , Amazon etc or something different?

[birdinthehand] 10/2/2020 20:17

Firstly, apologies for username: quite new to Bird and holding 200,000 @ 15.53p. Very interesting posts and company and I think that quite rapid traction will now be gained - with this in mind and hungry for info I looked at NAB 2020 site; Blackbird not listed in the seemingly very comprehensive list of exhibitors......is this because they are attending under a larger exhibitors umbrella ?
Thanks in advance, Tony.

[nickb] 10/2/2020 20:17

Results are history and we know half of it!
Deferred revenue growth should be more interesting.

Global domination dream
We need partners to get Blackbird to global scale this will have taken huge efforts and time for us and our new OEM partnerships but it looks like we may have pulled it off!

Looking forward to the OEM names😀 and details

[chriscallen] 10/2/2020 19:23

Just look at the number of shows, conventions etc that have had BIRD representation in 2019. Then think about how many staff and associates were present, what the accommodation, food and ancillary costs were likely to be and what it cost to travel. I'm sure IM and the others go steerage or perhaps not if they are catching up with target customers... 9hrs uninterrupted to learn what the customer really thinks they need are a salesman's dream. I know BIRD used Google for example but even that would have involved costs. I know you chaps don't like BIRD to spend shareholders money but even I recognise that if you are going to do the job do it properly.

[bonio10000] 10/2/2020 18:51

I'm in Vegas as I type.

Not heard any rumours of a Brit baller losing £1m on Black.

[mcsean2164] 10/2/2020 18:42

I don't see why costs would be up by £1m p.a.


Im was in Vegas.

[bonio10000] 10/2/2020 18:36

All that income is in the deferred figure of c. $2m listed per the share issue docs.

I don't see why costs would be up by £1m p.a.

[cabi1] 10/2/2020 18:31

CC.

Exactly.

That’s why I say, fill your boots.

IMHO.

[chriscallen] 10/2/2020 18:23

The market has shown little understanding of what Blackbird is today because it sees the back history rather than the future promise - not unreasonable given the first 18 years or so. The market response was just about evens on buying and selling volume which represented about 0.0006% of the issued share capital i.e. not significant.

We can only guess at why they have chosen to delay publication of the 2019 accounts but both SS and IM are clever men so they will have thought the decision through. If the 2019 figures were "good" there would be nothing to be gained by the delay. But we know they have been much more active in marketing and sales and that doesn't come cheap. We also know that the State Dept and Bloomberg wins came late on so they will probably not have affected the numbers materially. If the increased revenues from existing clients are not substantially higher the cash burn could have increased by well over £1M. Without something positive to announce the news might not be received well.

So by delaying until April 27th they will possibly have a "number" of new contracts, perhaps very large, to announce and they will definitely have Q1 sales from Bloomberg and US State Dept plus any increased volumes from Deltatre and TownNews. They might even be able to forecast positive cashflow for the year and, if the contract wins were big enough, break even! The market view would have to change at that point. I shall dream on.

[cabi1] 10/2/2020 17:56

NickB.

Fill your boots.

[nickb] 10/2/2020 16:27

Geh
Market doesn’t like the sound of it going by today’s reaction🥴

[geheimnis2] 10/2/2020 15:47

could be a game changer for the share price too?

is 50p out of the question by end of May??

[nickb] 10/2/2020 15:33

NAB Is the venue where product, partnership and services are announced and the obvious time for any OEM deals

NAB news tends to be a few weeks pre NAB to NAB opening time.

All looks good to me fair chance that it’s game changer time imho

[bonio10000] 10/2/2020 15:18

So several and not just the odd one.

Blackbird intends to attain global scale through multinational Original Equipment Manufacturers ("OEMs") and is currently in advanced discussions with a number of them.

[geheimnis2] 10/2/2020 14:31

Looking optimistically:

There is very likely news (and very positive news) so they are holding back to announce all in one

Looking pessimistically:

Same as above except part of the reason to announce later with the very good news is that actual revenue performance is still mediocre vs reasonable expectations


Either way, I'm feeling pretty bullish as there must be 1+ global OEM deals which are close to announcement

I would guess the share price would be in the 20s once they have announced (or even more perhaps if it is a really big name???)

[bonio10000] 10/2/2020 14:13

The results are a month later than normal.

There is no reason for that other than news imho.

They have money in the bank, so an early march announcement would be easy to put out with the same statement they always do.

[gnnmartin] 10/2/2020 13:42

I guess that NAB may be important, rather than will be important, so it makes sense to delay the results until the importance or otherwise is determined.

[nickb] 10/2/2020 11:26

Of course NAB is going to be big for us!
I’m expecting Breakthrough OEM deals.

[cabi1] 10/2/2020 11:09

Agreed.

Big announcement on the cards.

IMHO.

[chriscallen] 10/2/2020 10:42

Last year the results were published on March 12th. In terms of turnover this company with its full time CFO should be able to get accounts prepared and audited by the end of the second week in February as many US subsidiaries based here do. So the decision to delay until after NAB points to only one thing: something is planned for NAB that makes delaying publication desirable. Given that they have put this out they must be 100% sure otherwise the scale of the disappointment will be greater than any euphoria they hope to generate.

[sickness] 10/2/2020 10:34

Strange they announced results day so early yet it’s not released until April. Normally they announce and publish in March.