Blinkx Share Discussion Threads

[geheimnis2] 17/5/2016 12:46

all seems positive, loops?

nice!

[top_banana1] 17/5/2016 12:42

Many people missed the rise. That's how it is. Market will do the reverse what the masses expect.

Now this dog is barking.


WOOF WOOF 25P close today, me hoping.

[leluot3] 17/5/2016 12:41

25p coming??!!!!!!

Wow what an achievement after nine years!

[top_banana1] 17/5/2016 12:31

Share repurchase does not show confidence. It just a means of transfer cash to shareholders.

Growth companies do not buy shares. The purpose of growth companies they are capital intensive.

Anyway, I am happy with 20.9% rise and more tomorrow please.


WOOF WOOF 25

[sikhthetech] 17/5/2016 12:17

Why would they need to delist and why does it stop them being a growth company....They have authority to re purchase shares...If they bought 10% it'll cost approx £8m...that's hardly breaking the bank...but it shows confidence going forward..if they are going to be cash generating in the future then what else are they going to use the money for...Companie do buy back and still continue to grow...

[top_banana1] 17/5/2016 12:07

WOOF WOOF 25P is cumming

A nice growth which punters are starting to value this higher. This is no dead cat bounce,consistent controlled buying.

[lance corporal winstanley ash] 17/5/2016 11:58

I'm hoping tosca go for the takeover now.

[escobar4] 17/5/2016 11:57

blnx survives another day, short term this is going to 25p

[alex1621] 17/5/2016 11:50

Geh2 ... you will face expulsion from the family for a serious lack of ambition ... if the cash burn recedes you might well get back to 40p. Tut tut.

[top_banana1] 17/5/2016 10:50

Sikh

Repurchase of share would be effectively telling the market, there's no growth scope for the company, they may as well delist. BLNX is a growth company, that's why growth companies rarely repurchase, it does not make sense. Even the capital is not instantly available it can be made available when necessary.

It's transformational year turnaround targeting revenue growth not short term share price growth and so far the market is happy with 21% rise. Med term revenue growth will value the company higher and organically bring the price up.

I do not know other people average but for the bottom pickers this is excellent news for some of us.


WOOF WOOF 25p

[football] 17/5/2016 10:38

Blinkx restructuring takes its toll

17 May 2016
Internet video and digital advertising group Blinkx's total restructuring takes its toll on full year earnings.
Video search specialist Blinkx PLC (LON:BLNX) plunged deeper into the red as revenues tumbled.

Losses in the year to March climbed to US$94.2mln (US$24.8mln) on sales of US$167mln (US$215mln).

The former Autonomy susidiary is trying to reinvent itself as a specialist in programmatic ads and huge write-downs wrecked the numbers. Approximately US$81mln of the statutory loss were one-off charges.

Last month, the group flagged full year revenues of between US$165mln and US$170mln and between US$10mln to US$11mln of underlying losses.

“The group has continued to optimise its cost structure and has eliminated over US$40mln in annualised operating expenses,” it said in the statement.

Programmatic advertising is automated or ‘live’ advertising directed at individual users.

This form of ad spending accounts for 59% of total digital display ad spend and the rising trend is expected to continue.

Blinx’s programmatic revenues rose 68% last year and the company reaffirmed it should be back in the black in 2017.

Paul Richards, analyst at Numis Securities, expects the group to reach earnings breakeven by the second half of 2017.

“The group achieved profitability in Q3 and continues to drive strong growth in programmatic and video while accelerating the planned drawdown of its non-core product lines.”


.co.uk/companies/news/126008/blinkx-restructuring-takes-its-toll

[sikhthetech] 17/5/2016 10:23

top_banana,
"Doing repurchase will simply imply there's no potential for growth "..

Not really, it's cash sitting around in Market Securities, not instant access accounts...

Buying back and putting them in Treasury... are they expecting a higher return elsewhere than their own share price growth???

[sikhthetech] 17/5/2016 10:18

The Transformational Year...

[football] 17/5/2016 10:10

Blinkx Reports Widened Loss On Restructuring But Sees Brighter Future
Tue, 17th May 2016 09:43

LONDON (Alliance News) - Blinkx PLC on Tuesday reported a widened pretax loss for its most recently ended financial year, hit by one-off costs and a fall in revenue.

Blinkx said it had achieved profitability in the third quarter, ahead of its expectations, but the fourth quarter had been hit by normal seasonality.

For the full year to end-March, the company reported a pretax loss of USD94.3, widened from a pretax loss of USD24.8 million the previous year, as a fall in revenue to USD166.7 million from USD215.0 million was only partly offset by lower operating costs.

Additionally, Blinkx recorded acquisition and exceptional costs of USD65.3 million, including a goodwill impairment of USD50.3 million.

Over the course of the year, Blinkx undertook a "broad restructuring" of its business to realign under its 'RhythmOne' brand, including cutting headcount to reduce its operating expenses by around USD40 million.

This restructuring was also led to the fall in revenue as the company rationalised its product portfolio.

It said it believes the steps it took to realign its business have "set the stage for higher quality top-line growth" and a return to profitability on an adjusted earnings basis in its current full year.

Blinkx defines its adjusted earnings before interest, tax, depreciation and amortisation to exclude other exceptional expenses.

The company said it enters its new financial year in a strong, competitive position with a product portfolio that is well aligned with industry growth trends.

Shares in Blinkx were up 21% at 20.25 pence Tuesday morning.

[top_banana1] 17/5/2016 09:53

Shares repurchase for companies like BLNX is not effective. Technical illiquidity is the problem and counter intuitive.

Doing repurchase will simply imply there's no potential for growth that's why money will be returned to investors in this method.

BLNX is technically a growth company


WOOF WOOF 25p

[geheimnis2] 17/5/2016 09:53

think this will trade in the 25p-30p range for a while

ciao ciao buffoons

;-)

[sikhthetech] 17/5/2016 09:51

Cash, Cash Equivalents & Marketable Securities...

Instead of having money in Marketable Securities, why not show confidence and buy back shares and into treasury?
Both the company and shareholders would benefit...

[top_banana1] 17/5/2016 09:50

Thanks Sikh, others can listen to the webcast

WOOF WOOF 25p

[top_banana1] 17/5/2016 09:50

Yes Mrs Kendo is a woof woof on 2 legs.


WOOF WOOF 25p

[kendonagasaki] 17/5/2016 09:46

Are you a dog shagger?

[sikhthetech] 17/5/2016 09:46

I've updated the fy2016 in the header.
The webcast was at 8.30am.. If it's available later for viewing, I'll add it to the header...

[top_banana1] 17/5/2016 09:43

WOOF WOOF 25p Cumming

[football] 17/5/2016 09:42

seems the market likes jam tomorrow this time

[top_banana1] 17/5/2016 09:36

Looks like a new dawn. Can the webcast be inserted in the header for others to listen?


WOOF WOOF 25p today