Blinkx Share Discussion Threads

[top_banana1] 17/5/2016 16:35

21p UT

WOOF WOOF 25P

[top_banana1] 17/5/2016 16:34

IN TB1 WE TRUST

WOOF WOOF 25p

[geheimnis2] 17/5/2016 16:33

IN BM WE TRUST

[top_banana1] 17/5/2016 16:32

21p close coming. You were told, reversal is in play.

25p tomorrow on the way to 35p. I know most of you are disappointed but that's how it is.

WOOF WOOF 25p

[lance corporal winstanley ash] 17/5/2016 16:30

Not a bad day. Blinkx Plc lives on.

[top_banana1] 17/5/2016 16:30

Charming. Why are you so angry? You need to calm down dear.

WOOF WOOF 25p

[football] 17/5/2016 16:14

Video player
Shares in tech play Blinkx (LSE: BLNX) have also bounced higher in Tuesday business, the company last dealing 19% higher on the day.

Blinkx — which generates revenues by allowing digital users to find videos more easily — saw pre-tax losses surge to $94.3m in the period to March 2016 from $24.8m a year earlier.

The company saw revenues slip to $166.7m from $215m in 2015 as the impact of non-core asset-shedding weighed. And a colossal $81m worth of one-off charges also contributed heavily to Blinkx’s pre-tax loss.

Blinkx is clearly making progress in transforming itself into a programmatic platform builder, the development of its RhythmOne product helping drive revenues here 68% higher in 2016.

But the company’s restructuring programme still has plenty to deliver before bumping the firm back into the black. Indeed, the City expects the firm to clock up further losses in fiscal 2017. Regardless of today’s handsome share price bump, I believe Blinkx remains a very high-risk selection.

[maybesum] 17/5/2016 16:02

Very high risk according to motley fool --- losses expected to continue into 2017. Not one to buy if you want to sleep well then!

[football] 17/5/2016 16:01

Blinkx swings to operating loss as it narrows core focus
Tue, 17th May 2016 14:56

(ShareCast News) - Internet media platform Blinkx swung to operating losses in the year to 31 March, it reported on Tuesday, having improved core revenues but slashing non-core turnover.

The AIM-traded firm reported core programmatic revenue of $75.2m, up from $44.9m a year earlier, and core direct revenue of $40.9m, down from $58.5m, for total core operating revenue of $116.1m against $103.4m in 2015.

Non-core operating revenue slid more than 50%, however, to $50.7m from $111.6m.

Blinkx's adjusted operating LBITDA was $10.5m for the year, against EBITDA of $3.5m in 2015.

On a statutory basis, it made a loss before tax of $94.3m, widening from losses of $24.8m last year.

Its basic loss per share was 22.88 cents, increasing from 5.19 cents, and its adjusted basic loss per share was 4.42 cents, against 0.94 cents last year.

"As anticipated, 2016 was a year of integration and investment for the company, during a period of rapid industry evolution," said chief executive S. Brian Mukherjee on the results.

"We undertook a broad restructuring of the business to focus on our core capabilities of mobile, video and programmatic trading under the RhythmOne brand - perfectly aligned with dominant industry growth trends.

"Simultaneously, we accelerated the draw down on certain legacy non-core product lines that are no longer considered strategic to the company's future, resulting in short-term impact on revenue and profitability," Mukherjee explained.

He said that as a result of the deliberate shift, core products now represented more than 70% of revenues, compared with less than 20% two years ago.

Over the year, Blinkx rebranded the majority of its commercial offerings and launched its fully-integrated programmatic trading platform RhythmMax, Mukherjee said.

He explained that, through RhythmMax, Blinkx aims to unify the entire supply side of the value chain eliminating intermediary, margin-compressed point solutions and streamlining the value exchange between consumers and advertisers via the content users consume.

"Programmatic revenues for 2016 grew far in excess of industry growth rates, driven by the RhythmMax platform.

"This platform now provides us the structural foundation and critical mass upon which to build momentum for future growth," he stated.

Mukherjee said that during the period Blinkx also aligned its engineering, product, sales, marketing and operations teams around its unified RhythmOne proposition, resulting in a reduction of around $40m, or 40%, of the company's annualised operating expenses.

"We believe the significant steps we took in 2016 to realign the business around our core capabilities and achieve operational efficiency have set the stage for higher quality top-line growth and a return to full-year profitability in 2017," Mukherjee concluded.

His comments appeared to appease the markets despite the company's loss too - at 1530 BST, shares in Blinkx were up almost 22%, trading at 20.42p.

[top_banana1] 17/5/2016 15:28

if 20.75p goes 21.5p.

You guys can see there's no profit taking. Bottom was yesterday and after today TS, market is happy. 23% up.

BLNX never goes up for only one day. Tomorrow morning a nice rise will attract more buyers.

[top_banana1] 17/5/2016 14:50

Keep grinding my baby blnx. I am up & up, all the way to 1st target of 25p on the way to 35p.


When punters are gobsmacked with a reversal that's when the shrewd player mop shares up. Buy in fear sells in Greed.

[top_banana1] 17/5/2016 14:12

21p getting hit. Please stop being disgruntled, just start buying back. Transformation is in progress. Things do not happen overnight. Can't believe punters looking at the share price rising. Hope they do not chase at 30p-35p

WOOF WOOF 25p

[escobar4] 17/5/2016 14:10

Hope this come company does well.

[jonc] 17/5/2016 13:44

We now know why they did not give any numbers with the April update.

The lying cnts said that the figures were inline with expectations. Certainly not market expectations.

There is no mention of current trading because the first seven weeks have seen further falls in revenue.

I foresee a third year of transformation.

[jonc] 17/5/2016 13:33

Geheimnis2 17 May'16 - 13:27 - 106572 of 106573 0 0 (Filtered)

Lance Corporal Winstanley Ash 17 May'16 - 13:28 - 106573 of 106573 0 0 (Filtered)

[sikhthetech] 17/5/2016 13:32

Let's see what US opening does to the share price .

[lance corporal winstanley ash] 17/5/2016 13:28

Looking much better than before, jonc. Might be time for a "eye need" advert, hey?

[geheimnis2] 17/5/2016 13:27

Bet jonthec is happy he dumped at 16p

Just a thought jonthec?

[jonc] 17/5/2016 13:22

Turnaround?

There is no turnaround.

How is current year trading?

[cromw3ll] 17/5/2016 13:12

Where's Barky? He did mention 17th as turnaround.

[andrewbaker] 17/5/2016 13:03

A straightforward report from the company which, précied, says that business is moving forward in a positive and financially sound manner. As I said in other words in February, markets and the world economy were in a phase that required time to mend, and that Blinkx would inevitably rise and fall with the tide, but the longer term move would be upwards. Let's hope, and that is what I believe, that this upward move is now a solid and sustainable trend.

The price, as I said before, is still at a level where taking a position or adding more now will show itself to be a profitable move in the future.

[andrewbaker] 17/5/2016 13:02

A straightforward report from the company which, précied, says that business is moving forward in a positive and financially sound manner. As I said in other words in February, markets and the world economy were in a phase that required time to mend, and that Blinkx would inevitably rise and fall with the tide, but the longer term move would be upwards. Let's hope, and that is what I believe, that this upward move is now a solid and sustainable trend.

The price, as I said before, is still at a level where taking a position or adding more now will show itself to be a profitable move in the future.

[top_banana1] 17/5/2016 13:01

Leluot

you been here for nine years? I have been here for less than 24 hours.

Yes 25p is cumming and am happy with it. I do not know your average but personally I am happy to be in at a low price and Up. Maybe it's my lucky day :)



WOOF WOOF 25p

[andrewbaker] 17/5/2016 13:00

A straightforward report from the company which, précied, says that business is moving forward in a positive and financially sound manner. As I said in other words in February, markets and the world economy were in a phase that required time to mend, and that Blinkx would inevitably rise and fall with the tide, but the longer term move would be upwards. Let's hope, and that is what I believe, that this upward move is now a solid and sustainable trend.

The price, as I said before, is still at a level where taking a position or adding more now will show itself to be a profitable move in the future.