Blackbird Share Discussion Threads

[cyberbub] 25/2/2024 22:24

If Elevate is very successful (and we should know within 6-9 months whether it's going to be a blockbuster) then 22p will be easily surpassed in due course IMO. Nevertheless I would tend to agree that if you're that confident Salmon, it's definitely worth you averaging down while you still can at 7p. Unless you've got so many at 22p that you can't meaningfully average down... Good luck anyway.

[muffster] 25/2/2024 21:15

Something fishy there. Sorry couldn't resist.Consider averaging down Salmon as that's a long way to go to break even. May never get to that price

[salmon9] 25/2/2024 20:54

Geh2
Let's hope you do too!!

[geheimnis2] 25/2/2024 20:21

Let’s hope you feel that way in a couple of months time, salmon!

[salmon9] 25/2/2024 19:29

SSB
In 50 years of equity investing I have never found a share with what I believe to be as much upside potential as Blackbird.
Looking at the current share price I should, perhaps on the face of it, be concerned since my average cost is 22p, but the fact is that I am excited and I am not concerned at all.

[sideshowbull] 25/2/2024 18:05

We have 29 upticks in the header
and 1 down tick(what is that about)? it's a BB we have no control over BIRD.

You all know my feelings about BIRD.

Have my shares in ISA and even CTF.

I do not trade BIRD - in for the long haul -which may be a very short haul soon- and happy to be.

No advice,

BWTFDIK

[geheimnis2] 25/2/2024 17:07

Well after so much boredom and frustration - we should at last be moving into an exciting phase for the company?

[nick2412] 24/2/2024 03:40

Nick, that's why they will be going down the route of partnerships as confirmed by either Mo Valens or Sumit Rai when asked the question. I understand it was a one-word answer but an emphatic 'yes' nonetheless.

The stated objective is to gain traction in the market with existing cash and if a takeover comes it comes, if not, a product with market traction and the best technology equates to a substantially higher share price - takeover or no takeover. I do agree with you that there will be a takeover but my perspective is that it's not likely to be imminent as in the next couple of months. Anyway, we have covered all that ad nauseam.

[nickb] 24/2/2024 01:19

Nick

As you know
elevate is a product Blackbird 10 is a technology

It’s the technology that has arrived to enable scaling but it needed a product to demonstrate it and monetise it.

Very important milestone has now arrived

However the opportunity is too big for us on our own.

Interesting problem, can Ian solve it?

[nick2412] 23/2/2024 23:42

It can be a bit of a mugs game making predictions but I'm not afraid of mug status so I'd say the share price can quite easily hit 20p in April if (and only if) the seller is out. On that point surely there should have been a TR1. Momentum with the product launch and the end of any overhang could quite easily take it to 20p. The market does look forward to some extent and the product is in a sector with a massive buzz to it at present. I suspect there will be a fair bit of newsflow on partnerships and early metrics as well.

[nick2412] 23/2/2024 23:34

"it’s the technology reaching a point of scale rather than niche."

On that point SS said Blackbird codec 10 (patent filed in April last year) hasn't been needed for the Enterprise side of the business as yet but that it would be used for the 'new product'. I don't think elevate had been named then,

I don't know what advances codec 10 brings, but I expect the patent filing gives full details for the tech-minded. It confirms elevate will be Blackbird's most technologically advanced product which, in turn, implies it will lead the way with regard to competition.

SS also said EVS get access to all the technological advances, not sure if they will need it in line with SS's comments about Enterprise not needing codec 9 with codec 10 needed for scale, but as things advance you never know.

[cyberbub] 23/2/2024 22:54

Horneblower I can't see 20p by May unless there is a high profile all-singing-all-dancing launch, and very strong industry influencer/publication support stating that it's excellent. There won't have been enough time by then to get any significant 'paying' subscribers, although we could see good numbers of Freemium/trial users. I won't be complaining if you're right of course!!

[nickb] 23/2/2024 18:06

elevate isn’t just a new product it’s the technology reaching a point of scale rather than niche.

Significant time in history so looking backwards is missing the idea of the investment. imho

Interesting times in an interesting if not crazy video market

[salmon9] 23/2/2024 16:25

Goggin, if you create amazing technological advances as Blackbird have done, the one thing you can't be sure of is how long it will take companies in the marketplace to accept that they need your advanced technology to enable their business to continue to prosper.
Blackbird are ahead of much of the market with Enterprise.
In the case of Elevate, they are again ahead of the market, but the market seems to be moving very fast towards where Blackbird are ready and waiting to supply what is needed.
I would far rather be in the position of being ahead of the market than struggling to catch up!
I predict that in the near future Blackbird will be praised as a visionary ground breaking technology company.

[shortsqueezer] 23/2/2024 16:15

Looks like I was a bit previous thinking the seller had finished :-(

[jj_1237] 23/2/2024 16:03

i don't think it was setbacks.

it was the placing at 28p which dropped the price and then it kept cascading down due to lack of confidence as a result.

[goggin] 23/2/2024 15:47

I refer to all the hype around 20/21 which drove the share price up to 40p, successful companies don't lose 80% value with just a few setbacks. Let hope this time it's different

[spoonmuff] 23/2/2024 15:22

Thanks for the link Cabi, will be interesting to see the ‘attendeesR17; list

[nick2412] 23/2/2024 14:47

If you hold Goggin, you shouldn't really need reminding of the USP. It would have been odd to buy without that knowledge. I'd suggest registering with Investor Meet and listening to the presentations and you'll get a real insight.

It looks like Premier Miton (Gervais Williams) has had one or two awful performers in their fund including Saietta which has just had a Friday afternoon announcement highlighting its insolvency unless a buyer steps in quickly with an offer. PM may well be the source that has had to trim a few here for client redemptions.

[goggin] 23/2/2024 14:16

Must be a hugely competitive field, After been here for 20 plus years, next time is always different. The market is not stupid and unless they can show real progress. Its just another me2 situation. What is their usp compared to the big boys? Why aren't the big boys sniffing as this would be mere beer money to them? The truth is, blue sky has been promised for such along time, is it really now after all the buss with the world Cup, Olympics etc has passed us by. I hope it happens

[horneblower] 23/2/2024 14:03

I suspect there are some delayed buys on the books with the quote shifting upwards.
The 100k at 7.25p is mine.

[shortsqueezer] 23/2/2024 14:02

Price appears to be ticking up in accordance with buys. Seller cleared?

[nickb] 23/2/2024 14:00

Everything seems to be going well

AI and Video AI is going incredibly fast difficult to see us ambling along for 3 years before any corporate interest