Mirriad Advertising Share Discussion Threads

[tickboo] 13/5/2020 14:36

Wow good to see Investec Wealth & Investment Having no declared interest and now 5%. Bodes very well indeed.

[tickboo] 13/5/2020 12:21

Someone needs to talk to their provider, 16.50 paid. A little harsh!

[aidenabettin] 12/5/2020 15:49

The backing of Tencent is priceless and it also protects MIRI from the usual bb nonsense.Looking good

[tickboo] 12/5/2020 15:42

I thought it was a really positive presentation and I expect a busy summer both in China and the West. They can disclose details but the discussions have restarted and gaining momentum. I assume we won't hear until something is signed but I imagine we'll be hearing of more clients being won (April had more demos than last year) and some campaigns kicking off here too. The BoD is delivering on its strategy and with some £16m end of April and burning leas than £1m/month last year whixh will be reducing with higher revenues things are looking good for a good while and one major streaming deal would transform the business. A great time to buy/add before a busy summer and beyond.

[mdchand] 12/5/2020 15:38

Been busy all day so was very pleasantly surprised to see the share price rise after the initial falls. Did anyone listen to the 10am webinar and was there any hint of sign ups with the US streamers in the near future?

[tickboo] 12/5/2020 15:16

This company has a massive future and and I can only imagine more and more ad agencies/media planners will see the value. I expect a large streaming co to come on board before long and that will be transformational. Maybe more studies like the below will be conducted.Mirriad is also pleased to report the highly successful conclusion of a pivotal campaign with a leading advertiser in the USA. The results of the campaign were verified by a renowned independent research company. They will be reported in more detail shortly but showed that a combination of Mirriad in-video and standard spot advertising significantly helped drive frequency of consumption and amounts spent.This is the first study showing that Mirriad in-video advertising can increase purchase even among heavy users of a product and represents a further argument for the exceptional effectiveness and broad adoption of the solution in the industry.

[hazl] 12/5/2020 14:40

'Our emphasis in 2020 will be driving shareholder value by increasing adoption in our target markets with existing and new partnerships, leveraging the impressive scale of high-level relationships that we've built. '

[hazl] 12/5/2020 14:39

'Despite the immediate challenges posed in Europe and the US by the emergence of Covid-19, we are already tracking positive recovery in our Chinese business. As a result of our partnership with Tencent, the number of brands using Mirriad on its platform was at the highest level ever in April as businesses and consumers in the country resumed stalled activity. Alongside this, we are in advanced partnership discussions with multiple tier one entertainment majors in the US, engaging with global agencies in our key markets and executing campaigns for leading advertisers such as P&G. When combined with the encouraging revenue figures from Q1 2020, there are good grounds for optimism in the months ahead."

[aidenabettin] 12/5/2020 13:41

Any comment regarding MIRI?.NO I didnt think there would be.Zombie free zone

[girdz] 12/5/2020 13:32

Last post on here as not invested and don't want to ruin the board. .All I am doing is warning. If you want proof in what I'm saying look on Bids board. .In any case am sure Aiden will ramp up the posts in the coming days and weeks. .Say no more. .GLA

[hazl] 12/5/2020 13:07

For goodness sake wish you two would sort it out!

[hazl] 12/5/2020 11:04

Very good points tickboo....thanks for the reminders.

[tickboo] 12/5/2020 11:00

They're burning less than £1m a month at the mo so have 18 months of cash left but they'll increase revenues each month so extend the length of time the cash will last. The Chairman said if they needed cash (much later) they could access finance rather than diluting. Once businesses generate cash each month banks will lend money. The CEO then came in a little after and said any number of deals could be transformational and mean that unnecessary. I'd be shocked if a large steaming co doesn't get on board before long and once one falls the others are likely to.

[hazl] 12/5/2020 10:53

'Under the new contract, Tencent has exclusive rights to Mirriad's technology and services in China. The Chinese company will pay a fixed monthly license fee to Mirriad, which provide a minimum volume of advertising and promotional work for use with Tencent advertising clients.

Extra work will be charged incrementally, the company said.

The contract will immediately enhance Mirriad's 2019 revenue and will generate "multiple millions of pounds" of revenue over the two-year contract term. '

Again I forget but wasn't the last raise above the share price at the time 15p?

[hazl] 12/5/2020 10:51

...don't forget the shares DOUBLED on the Tencent news!

[hazl] 12/5/2020 10:45

However we are talking about Ten Cent!

If they like us who worries about the above....!

[amch] 12/5/2020 10:37

Agreed there is interesting technology. Cash burn is the issue though.

Just listening to the webcast. Just said they may need more finance before they reach break even.

[aidenabettin] 12/5/2020 09:29

This is one of the most exciting pieces of technology I've seen in years.

[mdchand] 12/5/2020 09:25

I guess a few people were positioned for a big tie up with a US streamer. Impossible to quantify what 'advanced discussions are' but we hope those discussions are with all the usual suspects. Happy to wait and see as any announcement will see these gap up perhaps 100% if not more.

[hazl] 12/5/2020 09:10

Thanks .
Appreciated.

[hazl] 12/5/2020 08:48

Get the short term traders out of the way and then I personally think we will continue to build.
We'll see.

[hazl] 12/5/2020 08:36

Exciting company and all to play for in my opinion.

[parvez] 12/5/2020 08:03

Good growth and they are only just starting on the new strategy so think it is very positive, however mkt cap is nearly £30m