Ft Fbt Discussion Threads

[bonio10000] 19/3/2018 16:06

I wouldn't worry - Lees has his third annual budget in place, all of which show profitability by the end of the year and all end with flat sales.

[mcsean2164] 19/3/2018 10:09

Stellar start to the week

[pr100] 18/3/2018 11:12

Live = encoding on-the-fly, i.e. a 30min video takes 30mins to encode.

[keystudio] 17/3/2018 23:23

A reminder: this stock is tightley held.

[_m_k] 16/3/2018 13:50

"www.pli.edu"

sea of video content out there, majority low value

not cost effective to re-encode and store it in blackbird i would have thought

also lots of different formats

assume the faster than live means you can select a video and have it encoded (from x y z format) in blackbird and viewed without any noticible delay (as it's faster than live) and it's this just in time ability that makes it practical / cost effective as a universal viewing / clipping tool

i guess if there were not restrictions on certain web sites

e.g. don't expect youtube would take kindly to their content being accessed indirectly

blackbird could be used as a universal viewer (like a radio tuning in to receive different channels)

wondering how big a thing this faster than live encoding is, how much quicker is it than re-encoding on the fly for other formats?

[paulcon1] 16/3/2018 11:45

If interested:
'The first of these this year is the Practising Law Institute based in New York who will use Blackbird as a vital part of their infrastructure on an ongoing basis, to live clip seminar content for a wide variety of purposes including education'.

www.pli.edu

[bonio10000] 16/3/2018 11:17

I wonder if the BBC deal was lost in part due to the absence of management for 6 months.

[paulcon1] 16/3/2018 11:08

Interesting article re Adobe and its results from yesterday



GL

[chriscallen] 16/3/2018 10:07

They sent Neil and Max last year(Aziz had already gone and I don't recall seeing any pics of SS or DM from the Exhibition Hall). If they are serious then IM and SS should be there with adequate support to generate strong sales leads.

[bonio10000] 16/3/2018 07:57

Aziz was a heavyweight.

[chriscallen] 16/3/2018 07:25

With the accounts out of the way the first real test is the response gained by FBT at the NAB Exhibition in April. I assume that they will send a heavyweight team this time.

[mcsean2164] 16/3/2018 00:07

NickB, Fbt should be advertising that potential. For sure, I'd think you should apply for a job with fbt but not as a tea person.

[nickb] 15/3/2018 23:41

Mcsean
Adobes creative cloud revenue just came in at around $1billion and that’s just Q1

So huge market doing media work using Adobe products so for just a fraction of those customers finding our technology useful in an Adobe workflow will be huge.

[nickb] 15/3/2018 23:35

Hyper
It’s a challenge for sure

Looks like Stephen will be too busy to retire unless of course he programs some AI to replace himself!

[the stigologist] 15/3/2018 18:54

As far as I can recall the so-called 'IP' is in the accounts for a couple of hundred k

[nickb] 15/3/2018 17:49

Paul
I guess we could work out how much the technology has cost us to get this far over the last 18 years, fund raising revenue and all the losses added up come up with a figure then see a 5x exit price.

But it’s only worth what the buyer will offer and SS accept.

So academic until then!

[nickb] 15/3/2018 17:44

Paul
Cloud did not exist 18 years ago YouTube did not exist the iPhones did not exist no Amazon AWS no Netflix we have been trying for the last few years to sell into a market that just wasn’t there it was an old way of working in the industry.

So if you accept that, it is easy to see why it’s been difficult to sell but what we did sell helped the r&d

So is the market going to exist going forward?
I bet it is!

Electric car sales have been poor for the last decade just no demand so let’s invest in diesel for the next decade and see how we go!

[paulcon1] 15/3/2018 17:36

With regards a buyout fee for the Tech alone, I would have thought at least 40p - £70million... NickB maybe better qualified to value though..

Actually does the Tech not have an asset value and therefore could be on the accounts

[nickb] 15/3/2018 17:21

Mcsean
Avid says the enterprise market is $5b (see December presentation)

They have 50,000 enterprise clients most of who we can target

That’s a tiny fraction of the addressable market.

Adobe results are out tonight have a look at their market numbers which has a more broader reach.


So FBT should be selling into Tens if not hundred million $ opportunity.

Remember this Cloud Video market is just starting

It’s all to play for but not without risk.

Blackbird has to dominate otherwise it will fail imho

Dominate to me is at least 1 million users so if that’s only $100pa that’s $100m pa

Below that and it hasn’t taken off imho.

The market is only just starting.

Let’s see the Adobe figures tonight

[paulcon1] 15/3/2018 17:21

McSean... Agree totally with all... There is at least some bread crumbs of hope going forwards which I could not see yesterday..

I personally cannot see a £2.5m Year loss and an admission of a 'no leadership' reason after 18 years nothing but a disaster.

GLM

[aimster4400] 15/3/2018 17:09

Fair enough NickB but it did have similar cash in the 2015 statement with a much higher cash burn and there also wasn't a 'material uncertainty' warning. Any thoughts why? Or what 'material uncertainty' actually means? It seems significant

[mcsean2164] 15/3/2018 17:02

I wish NickB was an FBT salesperson, we might actually get reasonable sales.

NickB, have you ever thought of working for FBT?

[nickb] 15/3/2018 17:00

AIMSTER
Cash balance is tight now isn’t it compared to last year.