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Share Name Share Symbol Market Type Share ISIN Share Description
Brave Bison Grp LSE:BBSN London Ordinary Share GB00BF8HJ774 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.15p +6.25% 2.55p 2.40p 2.70p 2.55p 2.40p 2.40p 2,360,479 11:07:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 9.4 -17.2 -2.6 - 14.69

Brave Bison Grp Share Discussion Threads

Showing 1976 to 1999 of 2000 messages
Chat Pages: 80  79  78  77  76  75  74  73  72  71  70  69  Older
DateSubjectAuthorDiscuss
15/1/2019
15:28
Thanks Mr. T. I'd be very happy with that margin on incremental revenue. I was looking at the 2017 figures to try and calculate the advertising gross margin. Things have changed a lot so the 2017 figures may no longer be the best guide. For what it's worth my thinking was as follows: For the 2018 interims new IFRS rules meant the company was required to report the gross advertising revenue they receive, rather than the net revenue (after content costs) that they previously reported. We have the figures under both basis for 2017. In 2017 the total revenue was £17.8m made up of £12.5m advertising revenue and £5.3m fees. Due to the large content costs associated with the advertising revenue the net revenue was £4m for advertising and £5.1m for fees giving £9.1m of net revenue. Then was a further £4.2m of Cost of Sales giving gross profit of £4.9m. We don't know how the further £4.2m is split between advertising and fee revenue. Perhaps there is very little in there in relation to advertising (only costs in relations to content they have created themselves), or perhaps nothing at all. Therefore at the very most the GM on advertising was 32% (even without allocating any of the additional £4.2m costs). I appreciate there was some low margin advertising work in 2017 that could skew the figures but this ended in Q1 so shouldn't have a huge impact. Hopefully the content costs have come down considerably in 2018, leading to the much higher GM given in your figures. This could be due to more content being created in-house or just the economies of scales in having a larger audience (if a fixed fee is paid for some of the content rather than a revenue share).
mcfly79
15/1/2019
13:35
Just read the article.....lol! What a load of b@ll@cks!Still back to our previous uptrend I hope. I would like to see us trekking towards the 3p marker in the coming week.
telbap
15/1/2019
09:39
Mcfly, nice to see you take an initial position and I think you’ve summarised the investment case & risks well. One comment on gross margin split, there is some info we can extract from the last interim results. Comparing H2 17 to H1 18: - Ad revenue grew by c. £2m - Fee revenue stayed constant at c. £2m - Total GM increased by c. £1m. If fee GM stayed constant, then c. £2m extra ad revenue led to c. £1m extra gross margin, giving a GM% on incremental ad revenue of 50% (just under 48% when calculating with more precision). This analysis assumes fee GM stayed constant and that profitability in the last year is indicative of profitability in the future...both big assumptions.
mr. t
14/1/2019
20:16
DPLEWIS ...funnily enough I was going to add to the post that I didn't know the date the former was created and had't gone over them with a fine tooth comb. I am afraid I am very short of time at the moment...compared to usual and just wanted to show some support for the share as interest had dropped off slightly. But quite fair enough. I stand rebuked!
hazl
14/1/2019
20:11
On the subject of ad revenue, this is a recent article on Jungle Creations. A rival social video company focusing on viral videos that is targeting £100m of revenue in 2021, up from £17m in 2018. hTTps://www.businesscloud.co.uk/news/viral-social-media-publisher-targets-100m-turnover They ranked 13th in views in November but were as high as 2nd in January. Like Brave Bison their Facebook views swamp their other views (although they do have more YT and other views than Brave Bison). It looks like they poached Jonathan Kitchen from Brave Bison in September 2018 (he was commercial director for Brave Bison). This seems a bit of a coup but it hasn’t seemed to have had any negative impact with large growth in Facebook views in October and November.
mcfly79
14/1/2019
20:05
I have taken an initial position. The majority of the company's revenue is from advertising and the majority of the advertising revenue is coming from Facebook. I think the current reliance on Facebook is a big risk, especially given that video advertising on Facebook is relatively new and they are still experimenting with their algorithms. I also think there is a risk of individual channels losing popularity, perhaps quickly. That said, the strength of the company's Facebook channels provides a huge opportunity to monetise the audience they have (both from advertising and as a platform for client and partner content). I’ve watch the interview from 5th Dec a number of times and Claire Hungate is clearly excited by this prospect in 2019 (see the question at 1.30) hTTps://www.youtube.com/watch?v=5YPaI5maB6Q They are clearly ahead of expectation because of the performance of their Facebook channels in the later part of the year. The company stated in its interim results (announced on 31 July 2018) that it expected to have a cash outflow in the second half due to investment in strategic initiatives. What we actually got was a £0.9m cash inflow in the 5 months to the end of November (and cash from a bumper November month still to arrive in December). That’s a big swing and gives an indication of the cash generated from the strong viewing figures. We know that 2018 revenue will show double digit growth over 2018. I certainly hope that the revenue increase will be quite a bit more than 10%. Based on the views in H2 vs H1 and a simple extrapolation I'm coming to the same figures as Mr. T - about 10m of advertising revenue for H2 and about £21.5m for the year (a 20% increase for 2017) assuming constant fee revenue of c.£2m for H2. The fact that the double digit guidance was given so early (5 Dec) would also suggest growth will be somewhat over 10%. I've been looking through the financials to try and figure out what the gross margin might be on advertising revenue and what the current gross profit run rate might be. Unfortunately it's difficult to split the historic gross profit between advertising and fees so I’ll have to wait for the company to announce figures. I think the company is sitting in a sweet spot to generate large ad revenue from Facebook if it can keep the type of viewing figures we’ve seen over the last few months, and bring through additional channels. The company seems to be doing a great job on this front since the new management team took over but the viewing figures need close tracking given the fickle nature of social media. The company is also doing a lot of other work on the fee side of the business that’s exciting (and leveraging the large Facebook audience will help) but for me it’s all about Facebook ad revenue at the moment.
mcfly79
14/1/2019
19:44
https://winslowrecord.com/brave-bison-group-plc-bbsn-l-climbing-the-ladder-up-50-00-for-month/231924/
hazl
14/1/2019
19:41
http://fernfortuniversity.com/term-papers/swot/nyse/8230-brave-bison-group-plc.php
hazl
14/1/2019
16:54
Great - thanks Mr. T
mcfly79
14/1/2019
16:22
Had to go FoK as can't buy on line.
flashheart
14/1/2019
12:22
Mcfly, I've not found a great solution for tracking, but have found socialbakers.com to be the best so far. Here's their data for Viral Trnd: hTTps://www.socialbakers.com/statistics/facebook/pages/detail/627439717359724-viral-trnd It shows that in the 5.5 months from July 30th 2018 to Jan 1th 2019 the number of Likes has gone up from 5.1m to 11.5m - a 125% inrease or about 270k per week. The growth was fastest in late October/November, slowed down over Christmas, and is picking up again now with 304k extra likes in the last week and >49k likes yesterday. Here are the BBSN Facebook pages I've come across: www.facebook.com/LoveYourMutha/ www.facebook.com/PerkWerks/ www.facebook.com/slashfootballuk www.facebook.com/LifeAndArtCollections/ www.facebook.com/SarahRayTV/ www.facebook.com/TRNDVideos/ www.facebook.com/DailyViralStories/ www.facebook.com/viralvaultuk/ www.facebook.com/SuperViral.TV/ www.facebook.com/rebelfootballlclub/ www.facebook.com/yellowteethpage/ www.facebook.com/DIYCraftsTV/ www.facebook.com/MeowwPage/ If you know of more, please let me know.
mr. t
12/1/2019
09:08
Mcfly79 good posts !! just watched the August interview with Clare Hungate. Wow she is GOOD seems to really have a grip on what's going on. Very happy here !!!
parsons4
12/1/2019
08:40
Mcfly79 good posts !! just watched the August interview with Clare Hungate. Wow she is GOOD seems to really have a grip on what's going on. Very happy here !!!
parsons4
11/1/2019
20:27
Thanks Mr. T, I've been trying to find a website that will allow me to track page views and followers (or likes) for the various channels. I'm struggling to find anything though. I've requested a demo from Tubular Labs but haven't heard back. Does anyone have a list of all the 20 Facebook channels?
mcfly79
11/1/2019
19:28
Since my post 1644 hTTps://uk.advfn.com/cmn/fbb/thread.php3?id=40081245&from=1644#firstpost Brave Bison's channels have continued to acquire followers. 1) Viral Trnd has gone from 13.1m on 20 Dec to 14.3m today. That's a 9.0% increase in 22 days. The rate of increase has slowed slightly, but is still 419% on an annualized basis. 2) The next three largest channels - Blunt Kommunity, Super Viral.TV, Daily Viral Stories - are continuing to grow at a similar rate to before. 3) Mutha and Perk had just under 70k followers between them on 20th Dec. Now they have over 100k, with Mutha having 48,378 and Perk 52,482. The above covers the Christmas period, which from what I've seen has a slower than normal growth rate. I don't know that too much can be made from the above, but I think it good to see that more and more people are following Brave Bison's channels on Facebook.
mr. t
10/1/2019
16:01
I hadn't seen the ibc video thank you Mr T ...very interesting to my other investments in VR too!l
hazl
10/1/2019
15:50
I agree Claire Hungate comes across well. There's another interview from Advertising Week Europe 2018 in March on women's leadership that's worth listening to: hTTp://360.advertisingweek.com/claire-hungate-ceo-brave-bison/ She pulls off sounding both human and professional when using the f word, which I thought impressive. I could imagine she's a good CEO to work for.
mr. t
10/1/2019
15:29
I wondered like yourself verulamium if it could be seasonal but actually a lot of people still trawl the web even when on holiday(sadly).
hazl
10/1/2019
15:23
Thanks Mr. T, that's incredible useful and has saved me a lot of time. I'd seen the proactive video (and the more recent one) but hadn't seen the ibc video. I've just watched the whole thing and I'm very impressed with Claire Hungate. It comes across how clear an understanding she has of the social video space. Thanks for your comments in post 1822 too, appreciated. I hope I can start contributing to some useful discussion in due course. Working my way through the financial statements now!
mcfly79
10/1/2019
14:33
Thank you for that confirmation Mr T always good to know....you never know on these boards.
hazl
10/1/2019
14:32
Agreed Mr T - glad your aboard the thread - great research and understanding, thanks again.
clocktower
10/1/2019
14:30
clocktower, I'm coming round to your thinking that acquiring production capacity would be a good move. As long as it's a good fit, profitable, and an attractive price!
mr. t
10/1/2019
14:26
hazl, regarding your post 1818 - I believe you're 100% wrong regarding Mcfly's motives and I think he's asking good questions. I've had the fortune to benefit from his questions, insight and generous contributions in the past. Personally, I'm delighted that Mcfly & Verulamium are taking an interest in Brave Bison and I hope the good comments and questions continue.
mr. t
10/1/2019
14:17
Good stuff Mt T. I still think they need to add production capacity by buying another company to boost growth and put another leg on.
clocktower
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