Brave Bison Share Discussion Threads

[zico01] 28/5/2021 16:13

H2 2020 revenue of £9.0 million was nearly 42% more H2 2019 being £6.7 million.

This turn around from last year is great news and bodes well going forward for the company.

[zico01] 28/5/2021 14:28

With the company's streamlined cost base and the anticipated growth in revenue we can look forward to a profitable second half.With the the restructuring that took place last year the administration costs also dropped significantly to GBP5.2 million from GBP6.6 million which will also benefit the accounts this year.

[clocktower] 28/5/2021 13:38

Buying continues but while they have increasing turnover, remember turnover is vanity, profit is sanity and there is not much profit based on the value that the market currently set it at. Little or no real assets to back it either.

[zico01] 28/5/2021 11:59

2020 H2 revenue increased to £9 million from 2020 H1 which was £5.5 million.This strong momentum has cotinued in to the current year and after 4 months of trading the company is making bullish noises that it's likely to exceed it's expectations for the year.

[zico01] 28/5/2021 11:45

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The new management team led by Oliver Green was appointed in 2020 ... they swiftly restructured the business in H1 2020 and also acquired The Hook Group for £0.15m on 30/04 2020 ... which was immediately earnings accretive for the group in the current financial year. The company traded strongly in H2 2020 .The strong trading continued in 2021 and the company issued a very bullish trading update on 07/07/2021 saying they will exceed current market expectations for the year to December 2021.
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13 August 2021
Acquisition of Greenlight

Brave Bison Group plc (AIM: BBSN), the social media and marketing group , is pleased to announce that it has entered into a conditional agreement to acquire the entire issued share capital of Greenlight Digital Limited and Greenlight Commerce Limited (together, "Greenlight") for an aggregate consideration of c.GBP6.8 million (the "Acquisition").

Greenlight is a digital advertising and technology company with more than 120 employees in the UK and across Eastern Europe. Greenlight works with blue-chip brands and omni-channel retailers on digital advertising and eCommerce technology systems. Current Greenlight clients include Dixons Carphone, Muller, GAP, Furniture Village and New Balance.

Transformational acquisition that is expected to be significantly earnings accretive in the current year and beyond. In FY20, Greenlight generated revenue of c.GBP14.3 million and Adjusted EBITDA of c.GBP0.8 million, more than doubling the Group's revenues on a pro-forma basis.
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20/01/2022
Trading Update & Notice of Results

Brave Bison, the social and digital media company, is pleased to provide the following trading update in relation to the year ending 31 December 2021 ("FY21"), and announces that the Company expects to report its full-year audited results for FY21 in April 2022.

Trading in the second half of the year has been strong. Revenues and viewing numbers across the Company's advertising network have been robust, and Brave Bison's agency won several new customers during the final quarter of the year. Furthermore, the integration of Greenlight is well advanced and all previously identified synergies for FY21 have been achieved.

Consequently, Brave Bison expects to report results that are ahead of current market forecasts and the corresponding period from the prior year.

Adjusted Operating Profit is expected to be not less than GBP1.4m, and Profit Before Tax is expected to be not less than GBP0.4m. Profit Before Tax is stated after incurring acquisition costs of approximately GBP0.7m and is expected to be the first statutory Profit Before Tax in the Company's eight-year history as a public company.

The company had net cash at the end of December 2021 of £4.7m
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Forecasts from Cenkos Securities for the current year are very conservative ... the company will easily exceed these numbers.
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The total revenue is likely to increase to £32m this year ... that is organic and Greenlight acquisition and will make profit before tax of £1.8m to £2.0m.

Working on £1.8 pbt and assuming the number shares stay the same 1080.82m gives basic earnings per share of 0.1665p.

At the current share price of 1.825p the prospective PE for the current year is less than 11.This is very cheap for a company in this sector ... suggesting share price will continue to rise higher.
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hxxps://www.sharesmagazine.co.uk/news/shares/brave-bison-is-the-uks-challenger-digital-advertising-company
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[clocktower] 28/5/2021 09:34

With relatively little volume, it seems this is headed north for the time being but bearing in mind everything else he said about acquisitions etc previously imo it is more than likely that when they have talked the talk and got the share price up, there is likely to be a fund raise to be able to swallow another company, and/or a share consolidation as part of a deal to merge maybe.

So, just wait for the right time to get off the escalator and enjoy the upswing once again.

How can you value this business at almost £10 million?

[zico01] 27/5/2021 13:33

The company has had a great start with trading in the first 4 months very strong leading to Oliver Green saying "as a result the company will meet or exceed current full year market expectations".

To say we could exceed expectations after only 4 months of year is a real vote of confidence by the company.

With further trading updates as the year progresses the share price could rerate significantly from the current level.

[clocktower] 27/5/2021 13:27

Todays RNS with numbers of votes: What is interesting is that under 50% of potential votes were cast.

[clocktower] 27/5/2021 09:04

While todays news is positive it clearly shows they have a long way to go to produce anything other than EBITDA profits on an adjusted basis.

[clocktower] 26/5/2021 13:27

Today some fancy getting positive news at the AGM I suspect.

[clocktower] 25/5/2021 15:50

Not the message they will be wanting to send out to stakeholders that attend the AGM I guess but maybe a few insiders are getting ready for good news laced with acid about a merger or buy that they have been on about for some time, and if its a share based deal, they can only do that I expect by consolidation.

50 x 1 maybe?

[terminator101] 25/5/2021 15:30

Selling under bid, and little volume, so its going to collapse soon

[clocktower] 24/5/2021 09:26

The slide continues with only one MM on bid at 1.3p today. How long before it goes sub 1p? Will it with the AGM coming up? Could there be positive news?

[terminator101] 20/5/2021 19:23

Someone dumped 500,000 shares today. Obviously not confident huh

[clocktower] 20/5/2021 09:33

LOL - T, I would suggest that the above posts are more likely to prevent anyone investing in BBSN if they were daft enough to take a blind bit of notice in what is posted on these threads, rather than do their own research into any company they are considering investing in.

If your a shareholder I suggest you also attend the AGM on 27 May at 11 am and find out more for yourself about Brave Bison.

[terminator101] 19/5/2021 20:22

Guess your attempts to sucker more gullible investors into this aren't working huh

[clocktower] 19/5/2021 11:56

They took the trouble to release a RNSNON on 11.05.21 about a renewal of contract but on checking it is only for three months, hardly something to issue the RNS for unless they were trying to keep the share price up I guess. Not that it has been a success in that respect as it continues top slide with just one MM on bid at 1.35p

From the company website:

[clocktower] 19/5/2021 09:07

The supports seems to be falling away but how much longer will it before they consolidate the shares, and then raise funds for an acquisition or reverse Tangent into it maybe.

[terminator101] 17/5/2021 15:55

Selling under bid huh. MMs are asleep.

[clocktower] 14/5/2021 12:30

It only takes a couple of larger buys like todays, and there is a pip upwards from what now seems top be at or near the floor for the time being anyway.

[terminator101] 13/5/2021 15:03

Sure, increased volume. But have they suddenly turned the corner from being a loss making organisation? If not then this is more likely some of the pump and dump crews trying to drum up interest in a thin market

[clocktower] 13/5/2021 12:05

Decent volume on a bad day in the market.

[clocktower] 10/5/2021 10:31

As you say T - not an exciting share but surprisingly even with your negativity that the price has not fallen through the 1p mark, is it not?

Seems to me that only a few board holders are dropping stock.

[terminator101] 06/5/2021 15:45

Wow, this is an exciting share huh. Slow painful death as the market has cottoned on to the perpetual loss making.

[clocktower] 30/4/2021 14:28

A dip to around 0.75p T. :-)