|A look at the companies studios and an insight to where they are aiming to focus:
Number of viewers/subscribes are still rising on the Rebel FC videos on you tube.|
|Traction with Revel FC it seems - amazing numbers of views and subscribers:
|4,900,000 seems to be the other side of a transaction as the price was 1.05 against the previous sells at 1p. Could it be that the other trade sell of 700k at 1p be the end of the sell off? Maybe the share price will start picking up shortly if those sells are finished.
Rebel FC might well be the turning point, numbers are rising by the hour and it has not really got underway yet, over 13k of views and almost 12k subscribers.|
Over 10,000 views in less than a day, and this is only the trailer and subscribers as well.
And another 2 million L trade at 1p - so the sell off continues but again the MM seem happy to take them.
Now 5 million over the last two days.|
|Another 1m dumped today but at least the MM seem happy to take them.|
|More positive news this morning but someone seems still to be unloading large blocks of stock, with two Y trades showing up at after 5pm yesterday of a million each. Even if there are no further sells it is going to take more than a RNS saying they are adding You Tube Channels, although they already do have one successful football channel.
Calfreezy seems to be a good choice though as some of his videos have had huge numbers of viewers.
Maybe if the CFO was to start buying a decent amount of stock in the market any overhang might soon be gone.
Worth watching as this is one of those businesses that can cause huge social changes in media behaviour.|
|A few buyers today, which in turn made me look up the company You Tube site - "Slash Football" and I noticed that they already had over 110k views of a video posted on You Tube on 02.04.17 which is pretty impressive. So I may have been a bit to negative in some of my earlier comments but will keep watching the company.
|Well, well, that is a turn-up for the books. Must be a pretty valuable contract that has been signed with Shell, and what a Brand to be working with.
I may have been a bit to negative, as this contract maybe lead to a lot of other work for the new studio in London, and a turn around in fortunes.
Still, a High Risk punt!|
|I agree clocktower.
At least bugs are real and reliable.
Slash Football is all a bit juvenile and transient for me in any case.|
|At least it was not 4.30 mad but having taken only a brief look at the accounts and other news, all I can say is not only does one need to be brave but also mad, even on current valuations. They have 41% of revenue coming from one client, just to mention one nightmare. They will be looking for new money before long I expect also.
They should have sold when they appeared to have the chance but I guess it was just to keep their own salaries rolling at top dollar rates.
No rich pickings to be gained here just poverty imo. Better off with your little bug. :-)|
|Thing is that they have already flagged the general figures, it will be the forward statement that will be of greatest interest.|
|I guess too; but you never know.|
|4.30 pm on a Friday has always my favourite time to see an accounts RNS released.|
|It should prove interesting to view the BBSN balance sheet if the prelims are published this week as promised.|
|As it hit top list of decliners again this morning one starts to wonder if this is going the same way as it did under its old name. However, at this price, has it been slightly oversold and could it be worth a high risk punt in view that there is still a fair bit of cash in the company?|
|Shocking figures but it seems there will be a further drain on the cash resources of £7 million in the current year. At last, it is clear why the dispute in the boardroom about selling the company, which would have been the best I suspect for all current stakeholders - it seems the company is being run by an accountant that has been good at cutting costs, so he may feel that he can get on top of the issues, or more troubling is that they are just running it to keep themselves in well paid jobs for as long as the cash lasts. Slowing sales and loss of market share is a worry they have, and other than look for higher margin business they do not seem to have a plan in place.
Maybe at the current share price someone might make an offer of around 3p - 4p a share.
Taken from the company website:
" We love ideas and we’re just as open eared and minded to yours."
I doubt they are or they would have taken the former CEO`s advice and put it up for sale.|
|It seems they are leaving the trading update until Friday, which does not bode well imo but hey hoo you never know on odd occasions one does get a pleasant surprise. The way the share price has been dropping though makes that unlikely I suspect, though on little volume, for example a 11% drop on a sale of 25k shares yesterday.|
|Clearly the deferred trading update until week commencing 13.02.17 is having a very negative impact on the share price on top of all the issues that seems to have surrounded the changes on the board, with the difference of opinions about the future direction of the company.
Hopefully they with also have a new CEO in place at that time but one positive imo is that the CFO has effectively taken charge, ruling out serious concerns about the finances of the company.
Until then I doubt there will be much activity.|
|Were you one of the original holders prior to the name change etc. Hectorp?|
|Yes you would! need to be brave to hold down to here!|
|Lack of focus on important areas tends to be a problem with the folks that think they are creative and full of their own ability, rather than appoint someone that can truly
concentrate on the important areas of the business - cash flow - slow payers - debt recovery - investors information - concentration on keeping the facts and figures up to date on the website, to provide investors with confidence, and then get on with selling their flair.|
|Just looking at debtors clocktower, which stand at £9.2 million,against total revenues for the 6 month period of £9.6 million,with 90% attributable to advertising,leads me to wonder if there are bad debts in there or merely exceedingly slow payers.I wonder what the industry norm is and what BBSN terms of trade might be.
The web site presents sorry picture,where the investor page is out of date and incomplete. In the entertainment sector one would expect more pazazz.
I see you have Sophie Barowman as a contributor .|
|I look forward to your input in due course mudbath, regardless of its nature, as it will as always be well researched and objective. I have no illusions, hence the thread title. "You need to be Brave" maybe after you have looked at it, we may think it should have been "You need to be a Plonker"
Recent events have not been as expected but may turnout for the better. However I did not like the way the CEO of the time handled the selling of stock some months ago by someone that was bound by an agreement not to sell stock in the company until a certain time.
The prospects if handled well could be huge and as you say, the thread might soon attract the trolls but no worry as long as it remains clean, I do not object.|