All very exciting. Better than putting money on a horse and a short race. Lol |
 Cyber
This is not a normal business growth situation
We are in the extremely hard phase of tech and product development with no revenue for elevate to show but cost for development to see.
That means the market finds valuations impossible at this time.
Once its out there we don’t need factories we don’t need warehouses we don’t need retail, or service centres etc to build and fund, we have Amazon AWS doing the heavy work that scales globally instantly.
Marketing costs can be controlled and clever strategies will trump $$ so in terms of free. It’s just raising awareness in a viral market, so people can simply go sign up no barriers and hoops to jump through to try the product, then it’s down to conversion to paid.
So anything is possible without acquisition but many of us feel acquisition will happen if the project is successful and success may just mean a demonstratably great working product ready for big tech to run with and that’s worth a lot of money fast.
Big tech have the customers but don’t have the product
We have the product
We shall see |
Essentially I see the risk/reward as follows:POSITIVE* Great underlying technology* Patent moat - may lead to bid* Very strong holdings from SS and IM* Seemingly smart tech and marketing people on the BOD* High profile launch in 6 weeks time* Modest market cap, no debtNEGATIVE* Will need money in the next 6 months* We have a seller in the market* No guarantee of commercial success just because we have top tech (VHS/Beta etc)* Execution risk - anything can go wrong in the real world* Seems very unlikely but is there an outside risk they might delist? Could be easier to raise money at a fair valuation instead of on the AIM shorting spivs casino. |
I struggle to believe that Bird could be worth £2bn in a year's time. Nothing is out of the question, of course. I was in EUA a few years back when it 50-bagged. And I have followed with amazement to see SGCL 200-bag in the last 6 months, seemingly on total hot air. I just think we need to stay realistic, £2 by Xmas would be amazing obviously, but there are various hurdles to get over first!! I would be very pleased to see 40-50p by Xmas, and hopefully build from there over the following few years. Of course a buyout at a hefty premium is also possible I know. We also know that the company needs money in the next 6 months, but if the launch goes as well as we hope then we should be able to raise much higher IMO.GLA |
Hyper Al
‘I seriously expect the company to be acquired within a year at a price that all directors and shareholders will be happy with, that is not less than £2b.’
I struggle with this, whilst it sounds perfectly reasonable and achievable, it is at odds with IMs stated aim of building a company worth “tens of billions”.
It’s going to be an interesting year and a half, after which the way forward will be much clearer. |
Nervous anticipation.
billions not millions |
salmon9
Actually that's a good point, share price will be zero in a year, but £6+ per share first. |
cyberbub
I'm certainly not joking.
The demand for control of cloud based solutions is growing. Blackbird have the ultimate solutions for video in the cloud and we have full patents that cover these solutions. Unlike so called competitors who are in fact using existing technology, very few have new solutions covered by patents. Our patents are a sellable commodity. All we need to do is prove that our technology works, which we have done over decades, and these patents become extremely valuable.
I seriously expect the company to be acquired within a year at a price that all directors and shareholders will be happy with, that is not less than £2b.
In my view the time is right for such an action. I obviously have no evidence to support this, it's an opinion and not investment advice.
This is my final fling at investing in the stock market. Hopefully it will make my retirement a little more enjoyable 😊 |
Maybe the share price will be zero in a year's time if Blackbird has been taken over between now and then!! |
I assume you're joking about £6 within a year?! :-) |
I'm not worried about anything.
Don't care about forced seller, it's positive if you want to purchase at these levels
I will be disappointed if share price is not £6+ within a year. |
Only 6 weeks until SXSW on the 7th March, where I believe they will launch the paid version.
So if you’re thinking about topping up, now is the time while we are below recent 6p placing.
Share price is going to start livening up very shortly, in my opinion.
As HB said, you shouldn’t look at the institution selling as a negative as it will be due to redemptions, so they are forced to sell.
We know Miton announced the closure of its MicroCap fund in November due to redemptions, which was holding around 3 million Blackbird shares.
I also believe Herald Investment Trust which held 9 million shares is also a seller, which might be something to do with Saba Capital who are trying to take them over.
I saw on Bloomberg Herald have sold 4.5 million so only another 4.5 million left to go, unless they have sold them already.
Look at it as a positive as it’s allowing you to pick up cheap shares below recent 6p placing, and so close to paid launch.
Once they are done that’s it, everything else is tightly held.
They may even be done already as MM’s may have bought the shares they sold at 4.55 other week on their risk book, and they are just flipping them now, at 4.85 and 4.75p, which might explain why we aren’t dropping much lower.
DYOR. |
Ortegaworm
I am sure you are right in saying that there is a generation difference between most of us and the age of the target market for active, eager users of elevate. That makes it more challenging for some of us to fully appreciate the strength of elevate's significance. We are inevitably one step removed from experiencing the full feeling and likely impact of it. |
johnveals
I look forward to the day when you change
your often quoted "££££ not pence" to "billions not millions" !!! |
Not concerned in the slightest or nervous. Think B, C, D, E, F Celebraties. Will give you one of Millions. Mark Wright from TOWIE. Does a Health and Fitness Brand now. Cooking, Workouts, etc. He has a team that put his content together. Collab Collab Collab. Forget us middle-aged spreaders and how most of our generation consumes media. Think millenials, gen z your kids. Everyone is out there, creating there are Millions of brands like this and it is growing, and they all need quick accessible Cloud Based collaborative tools to deliver. This is Elevate now even without the Bells and Whistles which are coming, but is not necessarily needed. Many of you still don't get it, do you. Many of you don't even see what the product is and what it's going to do and become. You lucky Barstewards to have become an investor of Blackbird. This is a Worldwide Product that will be used by the masses. |
Do I detect some nervousness as we get closer to the end of Q1?
I know I am.
Remember, low expectation is the key to happiness.
££££ not pence. |
Hyper
I’m sure they could do something like that and lots more besides all for a big fee.
Rather than seeing buys and sells they are really
Share transfers of ownership |
I suspect if you have enough money you can do pretty much as you please in this climate. |
It's purely supply and demand., but over what time frames. Can a buyer request a large purchase at an average price over a long period (months) with the agreement of the seller?
For instance if someone wants to a take a 5% stake, the transaction to be completed on a specific date without having to notify the market until completion, can that be done gradually so as not to distort the market? |
It's purely supply and demand.
The fund that is selling has little choice.
Their units are being sold in the market for a variety of reasons nothing to do with Blackbird, and the fund has to offload any of the shares it owns to pay out the redemptions.
They are probably selling bits and pieces across the board.
The price they are getting for Blackbird would be even lower had there not been a few buyers around to take up the slack.
Come launch of the paying version, the price will start to rise. The fund may continue to sell but, more likely, it will switch to selling other fund components.
Patience. |
Who is the buyer? Is this controlled selling leading to a major RNS, maybe near launch, from a buyer on completion of the purchase. |
Missed that 500,000 sell
If it’s a fund manager selling why can’t our broker help place shares without the heavy depression in the market? |
Yes Cyberhub, as Blackbird's progress becomes clearer and clearer, the share price must surely increase. |
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