BNN Technology Share Discussion Threads

[topazfrenzy] 27/4/2017 21:48

I'm firmly of the belief that this sector is the one to be overweight on, tuck in here while the goings are cheap still! Huge growth ahead, the company has turned a massive corner IMO.

[midas 123] 27/4/2017 21:15

newmanontheblock you are so right !

[newmanontheblock] 27/4/2017 20:59

Blinking heck PJ 1. I have not read or heard more tripe when looking at investments in a long while. And that's saying something on this BB. Go read some Harry Potter, you muggle.

[pj 1] 27/4/2017 20:38

benstamp27 Apr '17 - 20:31 - 3537 of 3537 0 0

If you sit back and look where the company is, in my view it is very simple. I am not into looking back as that is easy to do but instead am taking a forward looking view as the market will do in due course

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'' Those who forget the past, are condemned to repeat it''

[newmanontheblock] 27/4/2017 20:36

Benstamp. Great 1st post.

[cheshire pete] 27/4/2017 19:14

Astra and Charles,
You have restored my faith in Institutional Investors. It seems they don't necessarily fritter their monies away without due diligence after all.

[charlesdarcy] 27/4/2017 18:31

Astra ;
I agree with a lot of your post , and for sure
The investor would of been calling 80p when the stock was around 1.10 .

Cash is king and taking stock in a Aim company for cash is always a discount for sure .

But it is very good news that they have the money now and also who has put the money in

It will be interesting DD as we get close to the listing .

[astralvision] 27/4/2017 17:46

I'm not sure it's that great an achievement raising £25m @ 80p when the shares were pushing 140p at the beginning of the year and 120p a matter of weeks ago.
The shares had been on a declining path for some time. Who knows, leaks from the company re the poor Q1 figures, or perhaps the institutions called the shots and said 80p top wack. Having said that, it's a good thing that they have got the cash, as they are going to need to spend a lot to capture market share, that is all normal for a company at this stage.

I have a reduced long position here, happy to see how it pans out but the company have got a lot to prove. They need that sales traction, last year they told us it was coming via all the different deals and initiatives. This year? A different set of deals and initiatives, perhaps they will fare better. But , going on past form, you can't bank on BNN to give you a straight answer as to how they are faring.
I accept it's all about potential, but a sobering thought is they earnt a pittance on Q1 GTV. Market cap of £175m is ,imo, taking some of the forward growth in the price.
Wonder where that broker note is, seems a long time coming?.....
The extra scrutiny of Nasdaq will be most welcome, but as they have been promising a listing for years, it will be something of a relief when they finally manage it.

[chorus1] 27/4/2017 17:45

Actually Jaknife, forget that. I notice from your Fools profile that you describe yourself as a 'relaxed/value/patient/lazy investor'. You probably didn't need to specify the lazy bit though, it's quite obvious

[jonwig] 27/4/2017 17:32

JakNife - please, what is your opinion on the fact that BNN successfully raised £25m* in equity this month from institutions? One of these was The Capital Group inc. which appears to be a pretty venerable US fund manager and now holds over 11%.

As far as I can see, there were no onerous clauses attached, and I'd have thought these people were as clear-sighted as yourself. I've known institutions to be pretty dim in the past: maybe that's the simple explanation?

Incidentally, I don't hold BNN and never will: the name "China" is red flag enough. Nor am I short - I wouldn't know how!

* Actually, it's up to £25m, depending on a vote.

[chorus1] 27/4/2017 17:26

Jaknife - I hate to butt in to such a reasoned debate but you clearly displayed your limited knowledge of the company on Monday. How about you put all of your pressing concerns about the company into a succinct and well-mannered post and they can be answered for you.

[genises] 27/4/2017 17:12

lol lets have a look at a pass recent post



It would be polite (but not essential) to warn the registrar and Chairman of what you intend to do in advance. I had to do this once for my employer and, despite following the above protocol, the Chairman made sure that he "fired laser beam eyes" as well as firing derogatory comments about time wasting, etc, etc

[genises] 27/4/2017 17:02

you haven't answered my question.
Just wondering how you get paid is it on results or basic pay and % of the profits

[genises] 27/4/2017 16:39

Hi jakNife
does your employer pay you on results or do you get paid on the amount of post responds you get.
looking at past companies you aren't doing very well lately.
I see you have only materialised since Lucien last post on the 24th.
let look at some facts your employer is into investing in companies and require you to represent them.wether its an investment as a short or long.
looking at pass history shortcomes to mind.
good luck and don't forget to turn the heating down when you and lucien are getting a bit hot under the collar.

[perfect choice] 27/4/2017 16:14

Er, anybody spotted article is dated October 2016 and actually justifies (great Wall Street Journal graph) BNNs market entry!!! Won't bother mentioning misleading statements in post as well, getting desperate for sure.

[topazfrenzy] 27/4/2017 15:43

Fine, no one is asking you to invest here but your repeated PAST INFO contributions are getting a little stuck in the mud.

I am looking FORWARD and all the news releases since last Friday indicate to me that something very big is brewing and that the forward figures are going to be impressive, whether you want to believe this or not is up to you. I see the latest people joining the board as 'insider knowledge' so to speak.

[perfect choice] 27/4/2017 15:42

Classic tactic, uses information to create misleading or alarming statements i.e. figures are facts, opinion statements are not.