Blackbird Share Discussion Threads

[salmon9] 09/5/2024 14:10

It seems to me that the share price is unbelievably low for a number of combined reasons including:
1. Blackbird keeping elevate.io publicity under the radar seemingly until it is ready to launch with all it's bells and whistles.
2. The lack of hype, over such a long time, has led to a long term decline in interest from investors. Schroders and maybe other institutional investors have been selling persistently with no regard for their effect on the share price, and retail investors have lost confidence until they can see a sustained recovery starting.
3. AIM is having a very bad time even though the FTSE 100 is pushing through all time highs.

The net effect of all this is a share price which places no value at all on elevate, which is, in a rational sense, illogical. After all, Blackbird's technical track record in the field chosen for elevate, the patents, the product seen in general release, all coupled with the proven capability of the staff running this project who know exactly what their careful strategy is likely to achieve, suggest that this will be a success in one way or another.
The problem as far as potential investors are concerned is that apart from a few who contribute their thoughts on ADVFN, IT IS ALL A HUGE SECRET!!

To change the current situation, it needs the chargeable product launched with associated publicity, and the word to spread, and people to sign up, and then the upward trajectory in the share price will take off. However, it has been made clear that elevate won't be launched until it is totally ready, with the necessary plug ins and flawless performance. A target date for this is not given presumably to avoid negative publicity if a tentative launch date is given and then delayed.

Hopefully we will get past this blockage in a couple of months!

[bonio10000] 09/5/2024 14:09

The social media person leaving is more of a blow than DA. That is a shambles.

But the whole thing smacks of amateur hour.

MV and IM might as well be auditioning for a biopic on Lord Lucan.

[lyqwyd] 09/5/2024 14:04

My spidey sense tells me all is not right here. Bonio is right to flag up the ongoing negative cash flow (and who knows how long that will continue) and I suspect that the big techs are also well aware of the situation and are sitting on their hands, letting Blackbird continue spending on development. How much more cash they will be able to raise in the future is an interesting discussion point, but I suspect they will have to overcome the 'good money after bad' arguments first. The risk is increasing for all of us holders.

[chriscallen] 09/5/2024 11:59

Nothing that has been done so far with elevate was not prefigured in the SR/MV video. They clearly thought about the offer, how to achieve it, the target markets and the sequence in which they would be tackled and the pricing structure. The failure to communicate is a BoD issue on which BIRD has history - remember they went two years without even an RNS Reach of a customer win - and neither SR nor MV are a director.

The NEDs are generally seen as the Chairman's responsibility because he is the person they would speak to about serious issues. The BoD are hardly going to say that the departing NEDs went because their views were ignored as that is a real hostage to fortune if the NEDs are subsequently proved right.

[cabi1] 09/5/2024 11:59

I bet no one thought we would be down here, after launch.

[nickb] 09/5/2024 11:49

Lol you guys!

The market is worried that Dawn could take the Blackbird public Cloud video library she may have developed with her, it is so obvious to some I guess, but I'm not so sure myself.

[cabi1] 09/5/2024 11:47

Sumit is the only one that gives me some hope.

[cabi1] 09/5/2024 11:17

4 handle soon lol.

[nickb] 09/5/2024 10:48

Chris
Thanks makes sense.

Maybe tightening the board is a short term thing!

[chriscallen] 09/5/2024 09:47

I'm pretty sure having NEDs is not a Companies Act matter but it is a Stock Exchange expectation as a guarantee of the independence of the BoD. BIRD is small but should have a couple.

[hyperal] 09/5/2024 09:27

Geheimnis
I'm a bit rusty on this stuff a lot of time has passed since I did it and unfortunately I posted links info but then discovered advfn could not cope with the words I posted, so I have given up with this post.

ADVFN above link should read "java script" as one word, no space between, you keep changing it to java script

[clocktower] 09/5/2024 09:23

NickB any director that increases or decreases their holding has to notify the market. So to suggest one has and not advised the market is very wrong.

Are you aware of any RNS advising of a change of Anne's holding or investment made when funds wewre last raised.

[geheimnis2] 09/5/2024 08:55

Hyper

Could you give a bit more info on why you think Vidlib public cloud is key?

[jasperthemonkeygod] 09/5/2024 08:53

I think people are over-analysing this non-exec

They've decided to pursue an opportunity that's come up, that's it

[nickb] 09/5/2024 08:46

The interesting non exec at this time is Anne de Kerckhove

Dawn only had 71,000 shares after all these years.
I bet Anne has a lot more already.

[hyperal] 09/5/2024 08:45

About VidLib see August 2017 announcement script/

[bonio10000] 09/5/2024 08:43

She never bought any before.

amt9 May '24 - 08:42 - 16145 of 16146
0 0 0
She will be able to buy shares now when she chooses.

[bonio10000] 09/5/2024 08:43

Those monthly meetings must have been epic viewing.

60 seconds spent on enterprise

Then everyone trying to tell anecdotes to Sumit that are supposed to be relevant to Elevate and from legacy media businesses they worked in 20 years ago.

[amt] 09/5/2024 08:42

She will be able to buy shares now when she chooses.

[nickb] 09/5/2024 08:42

Hyper

Why would a US tech giant be wanting to see more non execs?

[hyperal] 09/5/2024 08:39

NickB

VidLib is a core component. If that is now fully optimised for the cloud, that is a major breakthrough. The largest hurdle sorted. Well done team.

[hyperal] 09/5/2024 08:32

NickB
We seem to have different views on this 🙂
I think the NED thing has zero impact on outcome, except maybe reduce some of the paperwork. But if I was offered a NED position at Blackbird(not going to happen!!) I would take it, I think many others would, so I expect a replacement will be found. OR something big happens before the end of the month.

[nickb] 09/5/2024 08:29

Soundbites

‘09/05/2024
Technology: Video Library

Blackbird has further advanced its market leading Video Library to optimise its public cloud integration for elevate.io. VidLib provides unrivalled responsiveness for Blackbird’s video products.’

[hyperal] 09/5/2024 08:26

Surely it is natural for a company to appoint as many NEDs as they can if the end game is near. I'm sure any potential purchaser of the company would expect this. Who owns stock makes little difference to any potential buyer, all the buyer wants is that they agree to the takeover.