Brainjuicer Share Discussion Threads

[longshanks] 09/3/2010 10:20

yes - that is a very good place for it. Though...my intention is that the dividends from this will become my pension in years to come - not particularly interested in the capital growth aspects.

[mrmerkin] 09/3/2010 09:51

great for the SIPP

[longshanks] 09/3/2010 09:30

I am in IDH - though took profits as I think it has run a little ahead of itself. This is the same model as IDH for me - though doing spectacularly well in some of my speculative investments too: AGL first and now SCE.

-------

The big difference here silverfern and something you need to consider is that John Kearon and Unilever Ventures between them own almost 80% of the equity. They are not looking to hold on to all that equity and have been selling into the market (at least JK has) over the last few years when the price gets a little toppy.

On L2 - CANA (house broker) has dropped their offer price. To me this looks like we will see another tranche of stock being sold to "meet market demand".

In this respect we have a bit of a stock overhang that will prevent the price getting too far ahead of itself over the next few years. By the same virtue - this concentrated ownership also prevents the price dropping too far and gives some comfort to anyone with AIM gitters.

Like I said - one for the long term rather than short term gain IMO.

[silverfern] 09/3/2010 09:08

I'll do it on next months after the last two years manic depressive market thanks! Check out IDH if you want to see nobrainers in action! Good to see you in here anyway. gtgo

[longshanks] 09/3/2010 09:02

next months???

I think you need to consider this one of those "no brainer" investment vehicles for a 10 year+ period.

Seldom on AIM do you get the opportunity to invest £5 knowing it will almost inevitably be worth £50 in 10 years time whilst paying a dividend at or above prevailing bank interest rates over that period.

I love this share though I don't expect it to ever "take off" like other riskier stocks....just plain old growth, growth, growth.

[silverfern] 09/3/2010 08:36

mine was the purchase at 08.03 - I think this is good to grow over the next months. Risk is the liquidity but that will resolve itself if they continue to deliver

[jdb2005] 09/3/2010 08:18

Good set of results this morning:

BrainJuicer Group PLC
("BrainJuicer" or "the Company" or "the Group")
Final Results for the 12 months ended 31 December 2009
Reported under IFRS

Innovative, international online market researcher, BrainJuicer Group PLC (AIM:
BJU) today announces its Final Results for the 12 months ended 31 December 2009.

Financial Highlights
+------+------------------------------------------------------+
| ? | 27% revenue growth to GBP11,814,000 (2008: |
| | GBP9,322,000) |
+------+------------------------------------------------------+
| ? | 27% growth in operating profit to GBP1,645,000 |
| | (2008: GBP1,290,000) |
+------+------------------------------------------------------+
| ? | 21% increase in pre-tax profit to GBP1,658,000 |
| | (2008: GBP1,372,000) |
+------+------------------------------------------------------+
| ? | 22% growth in fully diluted earnings per share to |
| | 9.0p (2008: 7.4p) |
+------+------------------------------------------------------+
| ? | 36% increase in cash to GBP2,343,000 (2008: |
| | GBP1,727,000), and no debt |
+------+------------------------------------------------------+
| ? | 1.3p final dividend proposed, making 1.9p for the |
| | year (2008: 1.5p plus special one-off dividend of |
| | 1.7p) |
+------+------------------------------------------------------+

Operational Highlights
+------+------------------------------------------------------+
| ? | Significant growth despite market declining for the |
| | first time in decades |
+------+------------------------------------------------------+
| ? | New Swiss and German offices both profitable in |
| | their first full year |
+------+------------------------------------------------------+
| ? | Total overseas revenue greater than UK revenue for |
| | the first time |
+------+------------------------------------------------------+
| ? | Strong growth in US; the largest and most |
| | competitive research market |
+------+------------------------------------------------------+
| ? | Clients include 11 of world's top 20 market research |
| | buyers (nine in 2008) |
+------+------------------------------------------------------+
| ? | 'Juicy' products grew 66%; now 61% of revenue (46% |
| | in 2008) |
+------+------------------------------------------------------+
| ? | Increased product development investment to drive |
| | innovative growth |
+------+------------------------------------------------------+
| ? | Increased investment in technology platforms to |
| | drive profit and capacity |
+------+------------------------------------------------------+

Early 2010 Highlights
+------+------------------------------------------------------+
| ? | Secured second international mandate, as a preferred |
| | supplier, from a large global foods group, for |
| | concept screening using our award winning, |
| | 'Predictive Markets' |
+------+------------------------------------------------------+
| ? | Management further strengthened - Chief Operating |
| | Officer appointed |
+------+------------------------------------------------------+
| ? | Canadian licence partner becomes fully owned |
| | BrainJuicer Canada |
+------+------------------------------------------------------+

Commenting on the results, John Kearon, Chief Executive of BrainJuicer, said:
"We are delighted to have achieved significant international growth in revenue
and profit, all organic, in what has been the worst year for our industry in
decades.
"Our commitment to reinventing the way market research is done is delivering
significantly more business from a larger number of the world's biggest
companies. This innovation, coupled with hiring great researchers and our
expanded office network in the major research markets, has culminated in a
further international mandate from one of the world's largest companies. In 2010
we intend to launch more innovation, open offices in Brazil and China and
deliver further significant growth and strategic progress. Our ambitious aim
over the next decade is to become a top 10 global market research group."

[mrmerkin] 09/3/2010 07:19

quick look..nice looking stats

[longshanks] 22/2/2010 23:20

New COO - Alex Batchelor appears in a "Juice Cast" on the company's website:



Seems like a really good guy to have on board. This company is one of the future greats - watch this space - one day they will be up there as a FTSE250 or even FTSE100 company and principally through organic growth.

I'm looking for a 20x to 50x investment return on this over the next five to ten years.

[longshanks] 01/2/2010 14:19

You can have EPS or - if you like - Market Cap / Operating Profit.

There was no EPS forecast - but you can take it as read that it will be approximately 25% higher than last year.

And at the risk of looking defensive I did actually say "Looking to have a forward P/E of 10"

[wjccghcc] 01/2/2010 13:21

Ah, that's operating profit. PE's are based on EPS which is net income. That will be more in line with the forecasts.

[longshanks] 01/2/2010 10:01

...and a big name recruited to take control of the business development.

That was one of my lingering concerns - how dependent the business was on John Kieron. This will free him up to concentrate on the creative side whilst Alex Batchelor can bring home the bacon.

[longshanks] 19/1/2010 17:43

very decent trading update today. Looking to have a forward P/E of 10 - far too cheap.

[longshanks] 24/11/2009 23:20

They seem to have bagged Kraft as another high profile client. Kraft recently sponsored their annual Octoberfest:

[investinggarden] 18/8/2009 12:21

Hold recommendation from Growth Company Investor

[longshanks] 18/8/2009 12:11

There isn't sufficient liquidity in the market. The company bought the shares from him in order to give them to staff. It was actually 30K shares rather than shares to the value of £30K.

It could be that JK wanted to make a few quid himself - but I doubt it.

[kingsmaid1] 16/8/2009 07:45

Any reason why John Kearon sold £30k back in July @130p

[mrmerkin] 24/7/2009 22:03

Agreed, the sale equates to more than the previous two days buys and yet no movement down. Chart history shows it consolidates in pretty much a stright line.

checked the website, and very entertaining, Brainjuicer does a fantastic job of presenting market research in a very unboring manner. Seems a very 'google' generation company, very well suited to the likes of 'Nike'

I wonder if there would be any reason for Unilever to ever buy out the company considering their holdings and founder connections?

[longshanks] 23/7/2009 23:40

seems like someone thought they would test the liquidity for you...mrmerkin and the price survived.

I don't know if you have checked out the companies website. They do a pretty decent job with it - quite reassuring - seeing as it reflects their core activity.

They have a number of videos on there covering various marketing splurges. Well worth the watching....and underlines the quality and depth of their clientèle.

This link is to content from recent events in Delft and London.

[mrmerkin] 22/7/2009 21:09

wow, you really don't need to buy many shares for this to move, hate to see the drop if someone sell a couple of thousand.

[longshanks] 21/7/2009 23:54

Good to see there is someone else watching - although one of the attractions is just how quiet the board is.

I am pleased to be holding too mrmerkin - one of my bottom drawer investments. I have monitored since IPO but I only started buying when it reached the low point earlier this year. Since then I have been buying a few here and there as funds allow.

This companies growth potential is impressive at a time when larger competitors are struggling. Many brokers are downgrading companies linked to advertising due to reduced budgets at the large players. Small niche operators such as BJU will however benefit from this downturn because they actually focus upon using novel methods to reduce the cost of advertising/product development.

Organic growth should see this grow to a £50m company within five years - but with its solid balance sheet, a few well-positioned acquisitions in key markets could see this grow to a £200/300m company in the same time period....at least thats what I hope.

Free float of shares is very tight and liquidity is really the only problem for holders. This will change as and when Unilever Ventures start offloading but I feel they will only do so once this share is north of £3 given the companies potential.

[mrmerkin] 21/7/2009 23:07

hello anybody..this broke out today, fundementals are well 'Juicy' they are making over 40% revenue for Y/E 2008 and set to make same for current year, and no debt. I am liking this, just look st the chart