Brave Bison Share Discussion Threads

[weaverbeever] 19/10/2023 15:38

What a disaster SCSW at its best. I've lost count of how many of their tips have dropped over 50% this year.

[valhamos] 12/10/2023 14:21

I think it might be stagnant until they have demonstrated that the last acquisition has been turned around and the company as a whole makes a profit (see post 299).

[johneee] 12/10/2023 13:43

Guess it's all stagnant until they make a meaningful acquisition

Patience ....

[johneee] 06/10/2023 15:16

Thanks Penny Falls.

I just do my best , win some and lose others, always keeping optimistic.

Overall keeping confidence ready for when things turn better.

[pennyfalls] 05/10/2023 19:21

Hi John…
Well, you sound like a genuine and humble man and I hope it works out for you.
Not sure about ‘optimism̵7;…it’s good to have optimism in general life, but not sure it figures much in share dealing.

[eagle eye] 05/10/2023 16:57

In this kind of market, market makers look to match buyers and seller and skim profit between the two.
They don't want stock on the books as it exposes them to risk.
It's all about liquidity, and thinly traded stocks take no hostages as they drip down.
Some people can handle the volatility, but it erodes confidence badly if you are sensitive to 30% losses.
I prefer to sell early and sit on the sidelines, especially in this type of market.
Keep your chin up though, it's from markets like this that the big money is made.
Just try not to lose too much money in the meantime!

[johneee] 05/10/2023 16:39

Optimist

Wish I was an insider then there would be no need to be optimistic - cus I'd know

But as you say, I don't know .

For sure, I am optimistic ,maybe overly.

[pennyfalls] 05/10/2023 16:08

Indeed, this was a definite ‘sell’ on the day of the news - and I did sell.
I’d been previously buying on the back of increased holdings by Dr Cooley et al.
However, the trading update was poor - and this company is / was way way overvalued at circa £30Million MC for diminishing market conditions and small profit.

Johneee, I don’t know if you’re an eternal optimist, company insider or simply naive , but you’re calling this badly wrong.
And there is no technical indication this has “bottommed out” as you suggest. In fact looks like could be falling knife at the moment.

[johneee] 05/10/2023 13:27

Eagle Eye and Clocktower

Your comments make sense.

Looks like needless MM trading today only for it,
Tomorrow back to where it was yesterday - Bottomed and stabilised

Nothing will have changed.

[clocktower] 05/10/2023 11:35

The directors have a very large holding and each time the company requires cash for an acquisition they are the main ones that seem to benefit.

Also the company is dependent om the likes of YouTube, TikTok etc and if they change the way they pay companies then it's anyone's guess what could happen.

[eagle eye] 05/10/2023 11:33

Johneee,

This may help explain share price weakness.

The recent Cavendish note maintained eps guidance of 0.23p for the year to Dec 23, but reduced revenue expectations by 18%:

'We have reduced our gross revenue (from £42.9m to £35.2m) and net revenue (from £22.9m to £20.5m) to reflect the challenging macroeconomic environment and tightening of customer spending that we have seen impact the wider market'.

Revenue expectations for next year is £36.5m, which is revenue growth of only 3.7%

BBSN was a sell on the day of results IMHO.

[johneee] 05/10/2023 11:08

See no reason to off load

Solid company with CASH in the bank

Must be simply MM manipulation to earn themselves some cash

The underlining fundamentals haven't changed - Directors still got serious shareholding.

[babbler] 05/10/2023 10:20

Seems someone offloading hard for some reason

[clocktower] 05/10/2023 10:16

More dilution coming I guess, hence the drop maybe, and we know how they look after themselves.

More and more shares, and when will they consolidate?

[johneee] 05/10/2023 09:51

Brave Bison is the only media company that is driven by Directors with a serious share of the company-

Expecting NEWS of acquisitions imminently

Anyone else got any updates

[johneee] 04/10/2023 17:47

What's happening in the last quarter of 2023 ?

[johneee] 19/9/2023 14:17

In this crazy market why would anyone want to sell BBSN ?

Surely it's 'fill your boots' time at these prices

Looking at the rest of the market there are plenty ' head case valuations'
where directors have no skin in their own companies.

BBSN is the exception

BBSN directors have their own high ownership of the company over 60% of its stock.

[johneee] 18/9/2023 09:59

Patience pays off

Whilst directors keep buying shares in their own company,
they obviously see the bigger picture, acquisitions and income growth.

Steady as it goes.

[johneee] 15/9/2023 11:40

Brave Bison has turned around and is now heading upwards

Positive cash position
Costs under control
Tier one clients

Directors have serious money and ownership in the business

Future looking excellent for growth and more acquisitions

[analystium] 14/9/2023 13:29

Cavendish Research note: "Underlying Performance Reassuringly In-line" 13th Sept 23

Exec Summary of a 9 page note:

"Brave Bison has released its interim results for the period ending June 2023. The update shows the SocialChain integration has been materially completed, with synergies mostly realised and new client wins taking place as a combined business. Gross revenue increased 15% YoY to £16.9m and net revenue increased 23% to £10m, both driven primarily by the new contribution from SocialChain. Adj EBITDA increased by 20% to £1.9m and Adj PBT increased 16% to £1.5m, both inline with expectations. We have reduced our net revenue forecast from £22.9m to £20.5m to reflect the challenging macroeconomic environment highlighted in the statement. However, ongoing admin expenses are also lower by a similar amount leading to Adj EBITDA and Adj PBT remaining unchanged at £4.1m and £3.1m respectively. We have released FY24E forecasts for the first time which show modest growth and is discussed further in the report. We have iterated a price target of 3.4p by applying the peer FY1 P/E multiple to Brave Bison’s FY2 Adj EPS."

[analystium] 13/9/2023 18:37

Brave Bison has turned around its smart acquisition

The London-based media group is rated on a single-digit PE ratio, and has attracted the interest of a billionaire businessman

www.investorschronicle.co.uk/ideas/2023/09/13/brave-bison-has-turned-around-its-smart-acquisition/

[essential] 13/9/2023 15:23

Not sure I would be looking for dividends from this company. It is a full on growth share.

[clocktower] 13/9/2023 10:43

To many headwinds for them to breakout to any extent and if they keep using any profits to keep buying others, then it is unlikely shareholders will see a dividend at any time in the future.

Also if the big YouTubes, TikTok companies of this world turn off income streams, what then?

[patient fox] 13/9/2023 09:33

Loss was due to one off costs due to the takeover of social chain.they have cash and undrawn credit so only a raise if a large takeover.I think the big player's who are buying stock know where the company is heading.Investor meets company is live now by the way.

[clocktower] 13/9/2023 09:10

Not the best of outcomes for H1 with a loss which is a 124% turnaround from a profit of £1 million.

Not that they seemed to be suggesting at the last presentation.

Still, a hold but they still seem to want to acquire and grow which might need another raise.