Brave Bison Share Discussion Threads

[someuwin] 01/2/2022 12:42

DBOX up over 20% on a tip. Similar business to BBSN. These digital publishing / marketing companies offer huge growth opportunities.

[zico01] 01/2/2022 10:28

At 1.75p ... mkt cap of £18.8m ... the shares are trading at less than 1 x it's sales for December 2021.

Compare this to BOOM priced at £17.00 and valued @ £265m expected sales for December 2021 £44m ... the shares are trading at nearly 6 x it's sales for Dec 2021

Mr market has to rerate BBSN significantly higher ... even at 3.5p the shares will trade at less than 2 x the sales for Dec 2021.

[someuwin] 01/2/2022 08:57

Can currently buy £4k. But not £5k.

[zico01] 30/1/2022 15:32

hxxps://www.cityconfidential.co.uk/free-share-tips-brave-bison-1-65p/

From last paragarph:


=== and further growth at the company looks on the cards given the fact it is operating in a rapidly growing sector ===


The company is nicely poised in a fast growing sector and will do extremely well over the foreseeable future.The shares will rise a lot higher to reflect this anticipated growth.

[zico01] 26/1/2022 21:53

The company has been listed on the AIM for 8 years ... but it is under the new management team led by Oliver Green.

Oliver Green joined the company in December 2019 and the rest of the team at various points in 2020.

The actions taken by this management have transformed the business to such an extent that by the 2nd half of 2020 the company traded ahead of forecasts.

The strong trading that the company experienced in H2 2020 continued throughout 2021 and the companys latest trading update issued last week was again ahead of forecasts.


The company has achieved it's first ever profit before tax
It's generating substantial amounts of cash
They have net cash at 31/12/2021 of £4.7m of which they generated £2.9m in H2 last year
Will be increasing it's revenue and profit before tax for this year again

The company has started 2022 very strongly ...

ct is posting will it be a rinse and repeat ... NOT a chance of it happening.They have nearly £5m in cash which will increase substantially again this year.

The share price will start to rise at some point to reflect the last year and a half of exceeding the forecasts and the impending growth in the current year.

btw they are likely to exceed this years forecasts again ...

[clocktower] 26/1/2022 14:49

It was a tongue in the cheek question, as you well knew I am sure zico01. :-)

While there are buyers there are also decent sellers still around either taking profits or cutting their losses from paying 1.8 - 2p a short time ago. Although some of them were I expect paying 1.8p before the last raise, they really have not yet been able to receive a decent return on their investment but hey ho the BoD then issued stock at 1.35p which must now be worth a lot more if those same investors were willing to pay 1.8p before the raise imo.

Will it be rinse and repeat? At least the company looks like making good money now, which is great, and I admit far exceeded my expectations, as I had admitted before, and congratulated you.

[clocktower] 26/1/2022 09:45

So did those 1 million shares get sold yesterday?

[zico01] 26/1/2022 08:51

We must have a buyer in the background ... yesterday you could get a quote for 1 million shares sub 1.70p ... right now you can't even buy 50,000.

[someuwin] 26/1/2022 08:31

Will let me buy £2k. But not £3k.

[someuwin] 26/1/2022 08:13

...Cheers - good article.

[someuwin] 25/1/2022 09:21

Over 100% upside to get to Cenkos new target of 3.5p...

"...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 per share, implying significant upside potential."

[zico01] 24/1/2022 16:17

The rerating will happen ... the company has exceeded it's forecasts for the past 18 months and will exceed it's forecasts this year again.

H2 2020
H1 2021
H2 2021

Social Media is growing at a phenomenal rate and it is not going to slow down anytime soon.The company said in the TU "we expect trading to remain strong".

[zico01] 24/1/2022 15:47

ct, the share price is down by 0.5p from intra day high on Thursday ... it went to 2.1p.This is a bargain price again due to the markets ... you will not get 1.40p ... but you can keep dreaming.

The shares are going way past 2p after this brief pause ... 2.5p to 3.0p by April.

[clocktower] 24/1/2022 15:26

Well if they buy a £10m business they will need cash or provide a lot of shares at a discount imo - so the risk is there. Once they are at least three times the current size, the risk will reduce imo but until such time as they give 100% assurances that all shareholders will be treated equally , I consider the risk high, although I agree with you on the basis that some folks were pay around 1.8p before they issued more paper, and on that basis they should be willing to pay 2.5p but I still considered them overvalued on the current earnings, when folks were buying at almost 2p - in light of what they seem set to do.

Good luck but the shares are coming back to the levels that might soon attract me at 1.35/1.4 as I mentioned.

[zico01] 24/1/2022 11:08

ct, the company had £4.7m cash at the end of December ... they will be generating substantial cash throughout the year so they will NOT be raising further funds for the foreseeable future.

Your having a laugh suggesting 1.40p ... market cap at that price will be less than £15m ... if you exclude the £5m cash ... the business is worth less than £10m ... they will have a t/o of over £33m this year and pbt of at least £1.8m.

The company generated £2.9m cash in 6 months up to December ... that is some achievement ... and ct your suggesting it could be worth only £10m sometime in the future ... wake up ... they should be worth between 2.5p to 3.0p ... will happen by April ... as you said recently patience is required.

[clocktower] 24/1/2022 10:43

My fat fingers zico01 - I have amended my error in the previous post.

I guess the pullback is due to the lack of trust since the last dilution. without offering PI's the chance to buy the discounted shares, and bearing in mind they might do this all over again, it was pretty clear that some bigger shareholders were selling large numbers last week at around 1.8/1.9p - I guess they were some of the ones that bought discounted shares or were part of the deal at the time (I cannot recall what the exact deal was).

If it were not for the fear of being diluted heavily once again, I guess the shares would be above 2p.

There could also be a consolidation imo, as there are already over a billion shares in issue.

Still good luck with it but if it drops back to 1.35/1.45p I will be back in.

[clocktower] 24/1/2022 10:43

My fat fingers zico01 - I have amended my error in the previous post.

I guess the pullback is due to the lack of trust since the last dilution. without offering PI's the chance to buy the discounted shares, and bearing in mind they might do this all over again, it was pretty clear that some bigger shareholders were selling large numbers last week at around 1.8/1.9p - I guess they were some of the ones that bought discounted shares or were part of the deal at the time (I cannot recall what the exact deal was).

If it were not for the fear of being diluted heavily once again, I guess the shares would be above 2p.

There could also be a consolidation imo, as there are already over a billion shares in issue.

Still good luck with it but if it drops back to 1.35/1.45p I will be back in.

[someuwin] 23/1/2022 21:12

Although H1 was 30% ahead (7.3m vs 5.5m) I get the impression this was due mainly to major contract timings. they never guided for 30% over the full year, only saying "the Board now expects the Company to exceed current market expectations for the full year".

These are / were the Broker estimates...

Cenkos forecasts at 21/Jan/2021 (pre Greenlight acquisition)
2019 16.8
2020 12.7
2021 12.8

Cenkos forecasts at 21/Jan/2021 (at time of Greenlight acquisition)
2019 16.8
2020 14.8
2021 19.4
2022 28.8

Cenkos (conservative) forecasts at 20/Jan/2022 (Trading update)
2019 16.8
2020 14.4
2021 21.3
2022 29.0

[nickbrw] 23/1/2022 19:19

Can someone explain BBSN's most recent trading update to me? They did £14.5m revenue in 2020. They were growing 30% per the H1 trading update - which would mean BBSN alone on track to do c. £19m in revenue in '21. They then acquire Greenlight which was supposed to be doing £15m of revenue by itself. Actual revenue per the trading update came in at £21m - and no word as when Greenlight was consolidated in from...?

Even if we assume Greenlight's only in there Sept - Dec it should still be adding £5m or so to the topline - not £2m at best...

[zico01] 23/1/2022 14:53

At 1.75p the market cap. is £18.8m which includes £4.7m cash ... so infact the business is only worth £14.1m after subtracting this cash.The company is generating massive amounts of cash from last years 2nd half onwards.In last years 2nd half the company generated £2.9m of positive free cash flow ... that is substantial for a small company only worth £18.8m.

They are likely to generate between £3m to £4m of free cash flow this year.

Already the company is saying they expect trading to remain strong this year which means a substantial increase in revenue and profit before tax.

Revenue could be in the region of £33m to £35m and pbt in the region of £1.8m to £2.0m.Last years pbt of £0.4m was after deducting £0.7m acquisition costs.This year there will be no acquisition costs.

The company is seriously undervalued at 1.75p ... the pullback will not last very long ... the markets will have to rerate the shares significantly higher in short term ... 50% to 70% to reflect the substantial increase in revenue,pbt and cash.

[russ505] 23/1/2022 09:55

Theo Green interview from November

[zico01] 21/1/2022 20:50

Coverage in the Daily Mail this evening



SMALL CAP MOVERS: Digital media firm Brave Bison charges ahead; Car competition company Best of the Best slumps after profit warning


Away from the resources sector, Brave Bison Group charged ahead following a strong trading update.

The digital media and social video broadcaster said full-year results will be ahead of current market forecasts.

The shares shot up 31 per cent after the company said revenues and viewing numbers across the company's advertising network have been robust, while Brave Bison's agency won several new customers during the final quarter of the year.