Blinkx Share Discussion Threads

[gowlane] 26/2/2015 12:50

Had to laugh at the rns today where Blinkx say they are “delightedR21; because so many audit firms tendered for the audit! I hope they will delight us with a bit more than that in the next results

10% revenue growth this year (a big ask maybe) and 15% growth next year would be very strong indeed. As long as we get back to our profit making ways I would be more than delighted with that - it would get us over the $300m hurdle as regards turnover next year.

[quilarvium] 26/2/2015 12:44

So I take it when the results are announced and we are double the price, you won't need to post here any more then, will you?Royal flush my friend coming soon, mark my words you idiot!

[football] 26/2/2015 12:43

Can't believe that Motley fool and now ramping blinkx as a takeover target and it's worth buying a slice of the action at the present time.

There has been no news from the company no clarity no news flow so why now have they changed their mind?

[football] 26/2/2015 12:34

Why Blinkx Plc Is An Appealing Bid Target

Whenever a company's share price falls heavily, there is inevitably speculation that it could be taken over. Clearly, this does not always prove to be the case, but for Blinkx (LSE: BLNX) there seems to be considerable potential for bid rumours to begin to surface and, in time, for the company to be acquired.
Valuation
A key reason for this is that Blinkx looks dirt cheap at its current price level, with its share price having fallen by 70% in the last year. In fact, as at the end of September 2014, Blinkx had net assets of £161m, but now has a market capitalisation of just £134m. This means that Blinkx trades well below net asset value, with the company having a price to book (P/B) ratio of just 0.83. Such a low valuation will undoubtedly tempt potential suitors, since they are essentially able to buy assets at a discount to their current value.
Furthermore, Blinkx had around £74m of cash on its balance sheet at the end of September 2014, which would be very attractive to a potential buyer. And, with no debt, Blinkx has a very robust balance sheet that would also increase its appeal to potential suitors.
Turnaround Potential
While some businesses are bought because they are performing well, many are also purchased with a view to turning their fortunes around. Clearly, Blinkx would fall into the latter category and, as mentioned, it appears to have the resources (i.e. a pile of cash) to deliver a successful turnaround over the medium term.
In addition, its new strategy of moving away from desktop and into mobile seems to be the right one and, although it may take longer to effect than Blinkx currently envisages, signs of improvement could prove to potential buyers that the company does have a viable future as a profitable business.
Looking Ahead
Although it is very difficult to predict which businesses will become the subject of a takeover, Blinkx certainly appears to be a very suitable candidate for acquisition. It has a very strong balance sheet, trades at a significant discount to net asset value, and has a sound strategy that looks set to turn its disappointing performance around.
In fact, it is forecast to break even next financial year and then make a pre-tax profit of £1.9m in the following financial year. As such, this could be an opportune moment for a takeover and, even if it does not happen, investors in the stock could still benefit from all of the reasons listed above. Therefore, while still a relatively risky investment, Blinkx could be worth buying a slice of at the present time.

[leluot3] 26/2/2015 12:11

quim quim quim

did we reach your 36p yesterday?

did you apologise for yet another mistake?

but still you post your lies?

[quilarvium] 26/2/2015 12:02

On March 31st 2014 BLNX net trade receivables were $36.9 million verses $29.9 million in 2013.So there's another $7 million down the back of the sofa for this year already!

[quilarvium] 26/2/2015 11:51

When the tide goes back out we shall who indeed will be caught with no trunks on?MM's have two more trading days to play with, then BLNX begin the 6 week closed period before results are announced.Great news they gave got old of the old audit team, I wonder why?

[quilarvium] 26/2/2015 11:45

Yes I hear they have really moved on with ' cloud computing and scaleability'.They have been working on this major project, that Clould- enables portions of their tecnology infrastructure , whilst maintaining certain "CORE" functions in-self managed data centres.They said last year this would require code level and process change to Cloud enable their infra structure.My sources tell most of this is now in the final stages of completion, and will be fully embedded and live from week 1 of the new financial year. It will enable BLNX's Cloud infrastructure to provide them with the platform that will scale their business, add new products, partners and traffic aswell as managing the capacity for seasonal spikes as just experienced whilst integrating new acquisitions quickly and seamlessly as we have with Ad Karma.The clock ticks louder!!

[jonc] 26/2/2015 11:39

GiveaToss 26 Feb'15 - 11:32 - 90985 of 90985 0 0 (Filtered)


Ahhh Bisto.

[shroder] 26/2/2015 11:38

I mentioned last month it was probably a glitch adding in the AdKarma numbers.

Perhaps these shouldn't have been counted in the first place given their leaning towards mobile.

On another note, the US ad tech companies have generally reported strong growth this last quarter, outlook is good too. However their Achilles heal is the amount of losses they are carrying, even the shinning star Rubi reported losses (below)

"Fourth quarter net income of $1.4 million, or $0.04 per diluted share, and full year net loss of ($18.7) million, or ($0.70) per share

Full year 2015 outlook for approximately 40% revenue growth, year-over-year"

Now if blinky can get even 10% growth with perhaps forward outlook of say 15% that would put us firmly in the black.

I do not think that's unrealistic given the recent results within the sector.

..imho

edit: incidentally, Rubi's market cap is:


Market cap $ 707,251,392

P/E Ratio


Read more:

[giveatoss] 26/2/2015 11:32

the same hedgefund attacked qpp. glad i brought in there when i did. all of my holdings are up apart from blinkx.

[jonc] 26/2/2015 11:31

Does anyone know why jarvis continually makes idiotic comments about trade types?

Does he think there is some sort of conspiracy against BLNX by the dastardly MMs and shorters?

Or is just in denial of the fact that BLNX has falling revenues and substantial trading losses and absolutely no visibility going forward regarding its prospects.

[jarvis4] 26/2/2015 11:28

Only a quarter of today's trades so far have been AT trades.

[jarvis4] 26/2/2015 11:25

"Heft and consequence".....a nice turn of phrase.

Personally I do not know whether there are naked shorts out in the market place that need covering. What I do know is that an industry wide problem was used as a pretext to hit Blnx with everything including the kitchen sink. I have said before that the speed and ferocity of the attack was unprecedented in my experience (10 years plus). What the attackers had not anticipated I would suggest was that Blnx would seek to wrest back the initiative by pulling back on large chunks of the business whilst they drove down the verification route with all speed.

If there are naked shorts out there they have a problem. If there are none then the share price will take care of itself as the news flow improves. Either way, FY 2016 looks to be one of significant potential. Blnx have their all round offering almost in place. I think a Mmmooooooo! might be appropriate at this point?

[becky sharpe] 26/2/2015 11:19

Let's not forget that Blinkx is currently rebranding - we don't know the nuts and bolts of the process, and it could have a bearing on the stats.

[quilarvium] 26/2/2015 11:04

Quality of content?BLNX with, OpenVV.org, IAB, NIELSON, comScore, Integral Ad Sciences, Moat, Adometry, Fraudlogix, Double Verify amonst others who have been continually testing BLNX audience quality.That's a lot of verification....a hell of a lot mire than Rocket Fuel and co!

[quilarvium] 26/2/2015 10:58

As Brian said..." we have seen our stock price rise to a record level and experienced a precipitous pull back. This volatility is yet another reminder to us of an important point- in the short term the market is nothing more than a voting machine but in the long run it is a weighing machine.Just because our stock price goes up or down on any given time frame does not mean we are much more less or capable on any given day.BLNX continue to go to great length internally to focus on performance and work hard to build a company of heft and consequence."I say.Those naked shorts will have to start being weighed and measured sooner rather than later?

[jonc] 26/2/2015 10:50

It would only take one person to have a day off and over half the posters on this thread would disappear.

[quilarvium] 26/2/2015 10:49

I mean Sikh the tech likes too look back on last year..?Let me refresh him.....what did we do?: Secured new content and syndication partnerships, including ABC, GAMESPOT, NHL, IGN, DISCOVERY NETWORKS,CONDE NASTE, AND E! ENTERTAINMENT.: Added marquee brands advertisers, including WARNER BROS, TOYOTA, REEBOK, CLOROX, L'Oreal and "MICROSOFT".: Aquired the Grab Media platform expanding video syndication and audience extension offerings, to augment video and search discovery.: Aquired Ryththm Media Inc, accelerating growth of 'mobile' video business.: Added respected business and ' technology ' leaders to the board of directors.: Expanded executive leadership team in critical functional areas.Terrible year?

[sikhthetech] 26/2/2015 10:27

which one of your ids will be taking a day off....lol

[quilarvium] 26/2/2015 10:25

Stock.Enjoy your day off and rest your inquisitive mind.Sikh the tech could do with a day off too IMO.

[stocky] 26/2/2015 10:21

LOL Quim. I took the day off today, but using it in the wrong way. I will go out soon.I get the impression that most on here are fairly old?

[alex1621] 26/2/2015 10:17

Stocky - there are three positives that I can see re Blinkx.Firstly, the company has a great deal of cash. This gives it options. If something worth buying comes up it can act quickly. It can also ride out any structural changes better than competitor companies with indebted balance sheets and poor cash flows. The key for the next update is how well are they preserving that cash?Secondly, the recent non-executive purchase is a good signal. Pity it was followed the next day by sellers for tax purposes. Bothers me that.Thirdly, Richard Griffiths is not a fool and he will have taken a view on Blinkx's prospects. I doubt he would have invested if the cash pile was not there ... that gives the company time to turn sentiment around. I am guessing that he is banking on a takeover or a change in sentiment that will allow him to exit with a good return on his investment. I'd be surprised if he thought it was an excellent business?I don't buy the naked short theory. I doubt there are many people shorting Blinkx at this level. The risk would be a positive trading update ... given how bad things have been for Blinkx it would not take much to change sentiment. I'm guessing there are just people trading dips and peaks.

[stocky] 26/2/2015 10:12

Alex, the story had some truth in it which applied to the whole industry. The Bear raid was successful as BlackRock loaned out its holdings. Furthermore, Bear raid was successful, as a lot was thrown into it and maybe there are MANY naked short positions. The deceit is that you try to downplay this. Furthermore, the deceit is that given the technology, businesses involved you try to paint a picture that we sit at a fair price. That to me is deceit.