Brave Bison Share Discussion Threads

[zico01] 17/3/2022 22:50

T101 , you obviously don't know the meaning of research :

The company is trading very strongly in Q1 of the current year ... continuation from last years Q4 which was a record ... profit before tax is likely to meet or exceed forecasts.

The company is hiring staff in the UK,Spain,Portugal and South Africa ... and are also about to open a office in Bulgaria ... suggesting that the trading must be very buoyant.

Cenkos increased the forecasts for the current year after the trading statement and the strong trading in Q1 could well mean further upgrades after the full year results next month.

The cash pile will be increasing throughout the year and the company could well find another earnings accretive acquisition .

Revenue is increasing
Profits are increasing
Cash is also increasing

So how is the board creaming more out of the company ? ... you idiot !!!

Market cap of only £17.0m which includes over £5.0m cash ... the shares are significantly undervalued.

[terminator101] 17/3/2022 11:57

And you can't just subtract the cash to arrive at an undervalued figure either.

[terminator101] 17/3/2022 11:56

Profits will be much less than that for this year IMO so this is still way overvalued. Plus you haven't factored in the Board creaming more out of the company.

[zico01] 16/3/2022 09:03

T101 ... do some research on the company before you post [ and the forecast is only £0.4m ] as you have posted above is not the forecast for the current year. The £0.4m pretax profit was after the acquisition costs of £0.7m and was for last year which ended 12/2021.

For the current year forecasts are of pretax profit of £1.8m to £2.0m

At the current share price of 1.60p the forward PE is only 9.6 and in just over 9 months ie from January 2023 this forward PE will become the trailing PE.

Market cap is only £17.2m @ 1.60p which includes over £5m cash ... or £12.2m if you subtract the cash.

The shares are significantly undervalued.

[terminator101] 15/3/2022 22:15

"Prospective p/E valuation" huh. Yet this hasn't made a profit in over 8 years and the forecast is only £0.4m. Even at a p/E of 20 that makes the current market cap significantly overvalued by a considerable margin.

[zico01] 09/3/2022 15:05

New Snapchat Show Launch 👏

Tune into our new Snap Inc. show Sweet Tooth 🍭 highlighting the best from bakers and sugary creators to our extensive and expanding portfolio of shows.

Head of Snapchat Nathan Aspell writes:

“With Brave Bison’s show ‘VSatisfying’ continuing to grow and entertain millions of Snapchat users every single week, we felt we had the perfect opportunity to introduce a new type of satisfying show to the masses with ‘Sweet Tooth’."

[zico01] 01/3/2022 10:17

Latest update re. February

It's been another exciting month for teams BB and Greenlight. The Hook's recent post with Hugh Jackman got 8 million views on TikTok and our YouTube Partner, DP World Tour, hit 300k subs 🎉

[someuwin] 25/2/2022 10:12

Dear friends,

We're thrilled to announce the launch our newest Snap show, Sleek. Sleek joins our growing portfolio of 11 Snapchat Discover shows, and there's more to come... 🔥

Our Brave Bison Performance teams have also had an epic month. They had their top tier skills recognised by Google, making us a Google Premier Partner for 2022.

And our teams just keep growing - Chris Alderman has now joined the BB family as our new Head of SEO & Digital PR.

We can't wait to see what else the next few months have in store as we continue to grow our new, combined business and we're excited to have you along for the journey!

Until next time,

- Oli Green

[zico01] 25/2/2022 08:41

Taking on more staff is a good sign that business is growing nicely !!!

Exciting team news! 💥

We're thrilled to welcome our new Head of SEO and Digital PR, Chris Alderman, to the BB family. Chris joins us from Zenith UK and has over 8 years' experience working in SEO 🔥

Chris will head up the SEO and DPR arms of Brave Bison Performance and will be responsible for overseeing strategic development for our clients across both areas.


... and from yesterday

We just keep growing! 🔥

We're currently hiring for a number of roles across our BB and Greenlight teams.

✨ Social Media Channel Manager
✨ Digital Account Director
✨ Digital Account Manager
✨ Junior Digial Designer
✨ Paid Media Manager
✨ Programmic Strategist
✨ SEO Performance Director
✨ And more...

[mikejoseph] 20/2/2022 21:00

And this presentation new:
[

[mikejoseph] 20/2/2022 19:38

Very interesting presentation:
[

[zico01] 18/2/2022 22:30

Google Premier Partner:

Linkedin
11h ago

We're very proud to have been awarded Google Premier Partner status for 2022!

Only the top 3% of Google's UK partners are recognised as Premier Partners, a fantastic achievement by our Greenlight paid media team 🔥

Being a Premier Partner means we've ranked higher than most for maximising campaign success for our clients, driving client growth, and demonstrating top tier Google Ads skills and expertise.

[clocktower] 18/2/2022 13:08

It seems that we might have established a new base of between 1.7p - 1.8p rather than the previous - 1.35p-1.5p.

Just have to wait until the next M&A, and see where it goes and the deal.

[zico01] 17/2/2022 13:25

Oliver and Theo sound very upbeat for 2022 ... business must be booming !!!

From the AJ Bell presentation:

1) The last quarter of 2021(Q4) was very strong ... and that momentum has continued into the current year.

2) Relaunch the Brave Bison brand in first half of 2022 >>> this will enable the company to increase revenue by selling multiple services to a single client and also to increase client spend from £0.5m upto £2.0m.

3) Continue to grow the Digital Media network by growing existing channels and adding new ones >>> will increase revenue by growing unique viewers across the advertising network.

4) The company is hiring staff in Spain,Portugal and South Africa, these staff will work from home ... and are also about to open a office in Bulgaria.

5) The company is looking at bolt-on acquisitions.

Cenkos Securities will most likely be upgrading its 2022 forecasts again after the full year results.

Sooner or later the shares will rerate significantly higher from the current price.

[zico01] 16/2/2022 23:37

Sharesmagazine investor evening from Edinbrough 10/02/2022 :


hxxps://www.sharesmagazine.co.uk/video/brave-bison-group-bbsn-oli-green-executive-chairman-theo-green-chief-growth-officer

[zico01] 15/2/2022 14:18

Fantastic start for the company in 2022 :

hxxps://www.linkedin.com/company/brave-bison

[clocktower] 15/2/2022 09:14

Only one MM left on bid of 1.8p and two on offer at 1.85p, if would need a lot better news to breakout, as some of the sellers from around 1.35p must still be rubbing their hands and pocketing profits, or I guess it would have been able to breakout passed 2p - its tried to enough times.

[clocktower] 14/2/2022 10:57

The sellers do not seem to agree with Cenkos or the sentiments expressed in the above posts.

[mikejoseph] 13/2/2022 21:25

Cenkos Note: 20 January 2022
Brave Bison Group Plc | Upgrading FY22E EPS by c42%

"we estimate a fair value of £38m, equivalent to 3.50p"

Brave Bison has provided a very positive trading update for FY21E and
confirmed the successful integration of Greenlight. Previously identified
synergies have been achieved for FY21E, and Adj PBT is expected to be
approximately double our previous estimate. Brave Bison reported
several new customer wins and announced an upcoming brand re-launch
in 2022 to accelerate growth. We have increased our Adj EPS forecasts
for FY21E and FY22E by c87% and c42% respectively to reflect this positive
momentum. We believe Brave Bison offers value to investors given its
growth, operational profitability prospects, and strong net cash position.
We reaffirm our Buy rating.

 Trading update. The integration of Greenlight is progressing well and previously
identified synergies for FY21E have been achieved. In H2/21E, trading has continued
to be robust, with excellent revenues and viewing numbers across Brave Bison’s
advertising network. The social media network continues to thrive, with the addition
of five new shows on Snapchat, three of which were created under The Hook brand
(which was tactically acquired in H1/20). Multiple new YouTube channels were
added in FY21E, including Ryder Cup, CPLT20, and Skavlan. Additionally, the
Company’s agency won several new customers, including Vodafone, Globetrotter,
and Asus. The Company intends to re-launch the Brave Bison brand in FY22 to include
all of the new capabilities acquired through the Greenlight acquisition in H2/22E.

 Forecasts. The Company is expecting to report FY21E results ahead of current market
expectations. FY21E revenue will be not less than £21.3m following these new client
wins. We have revised our forecasts to reflect this positive momentum, increasing
FY21E revenue from £19.5m to £21.3m. Furthermore, we have upgraded our
forecasts in FY22E, which we believe reflect conservative assumptions, as we expect
this momentum to continue in FY22E. We provide a detailed discussion of our model
update in the body of this report.

 Valuation. In our peer group sample (provided later in the report), we estimate the
average FY22E EV/Sales and FY22E EV/Adj EBITDA equal respectively to 3.1x and
14.9x. Brave Bison is trading at a significant discount to this peer group with an FY22E EV/Sales of 1.5x and EV/Adj EBITDA of 6.9x. In our view such a discount is
unwarranted given its FY21E net cash position (estimated at £4.7m). By applying the
average FY22E EV/Adj EBITDA of 14.9x to the Brave Bison FY22E Adj/EBITDA, we
estimate a fair value of £38m, equivalent to 3.50p

[clocktower] 10/2/2022 18:26

Will tomorrows tune be: Enjoy.



Very profitable this up and down routine.

[clocktower] 10/2/2022 11:36

Its like climbing up a oiled wall.

[someuwin] 09/2/2022 14:45

The chart in the presentation shows significant projected growth. The share price will catch up sooner or later. 2p resistance won't last much longer imo.