Mirriad Advertising Share Discussion Threads

[tickboo] 26/1/2021 13:44

Last year's trading update was on 5th Feb so we should have some news soon.Last year's - Year-end trading updateMirriad Advertising plc ('Mirriad'), the computer vision and AI platform company is updating the market on current trading.The Directors confirm that the new management team and business are successfully executing the plan and strategy shared with shareholders last year. Trading is in line with guidance given to the market in July 2019.2019 revenues are subject to audit, but the Company expects them to be 2.74 times 2018 figures, with 2019 full year revenues of GBP1.14m compared to 2018 full year revenues of GBP416k.The Company has continued to sign framework agreements with leading broadcasters and distributors. After the conclusion of successful tests with Channel 4 in Q4 2019, the company has now signed its first broadcaster agreement in the UK and is expecting to run first live campaigns on Channel 4 programmes in Q1 2020.In the US the Company is in multiple discussions with tier one networks and streaming platforms and signed deals with two global media companies in December 2019; Condé Nast, who produce some of the world's leading digital, video and social brands and Tastemade, whose leading food, home, and travel content reaches 250 million monthly active viewers.In France the Company now has contracts with the top three TV channels following a deal with M6 shortly before the year end.These agreements contribute to improved foundations for future revenues, with management confident they underline the Group's continued progress.The Tencent contract was signed in July 2019 and covers the two years April 2019 to March 2021, with a guaranteed level of revenues for each year. The relationship with Tencent is developing successfully, with an increasing number of Chinese advertisers placing recurring campaigns on the platform, alongside growing interest from global advertisers as well as close collaboration between Tencent and Mirriad technology teams who are actively working on next levels of the proposition for China.Mirriad expects to end 2019 with cash resources of GBP19.1 million, with monthly cash consumption over the course of that year averaging slightly below GBP1 million per month.Stephan Beringer, CEO of Mirriad, said: "We continue to make strong progress, following the large-scale strategic reset in 2019. The steady flow of new agreements with top-tier content producers and distributors as well as the growing enthusiasm from major advertisers and agencies are evidence of the accelerating traction in the market and the increasing adoption of Mirriad's proposition."

[janhar] 26/1/2021 13:34

Drifting down until the next big news with profit-taking from the placing. I expect it won't be long before we are back over 60p though. I've topsliced here before only to miss the next big rise - so holding tight this time

[tickboo] 25/1/2021 09:55

Apologies, I meant aiden/

[hazl] 25/1/2021 09:22

Let's stick to MIRI as clearly some people are still emotional about it.
All these Aim shares have their ups and downs.

[hazl] 25/1/2021 09:20

Not me.


'Tickboo
25 Jan '21 - 08:58 - 1546 of 1547
0 0 0
Nonsense. MMs took it down due to demand and supply. You were banging on about Israelis and all sorts. Anyway, back to here I hope we have some decent forward looking content in the trading update due.'

[thesaint5] 25/1/2021 09:01

Draper isn't naive, he ramped the share price up with Justin Waite almost weekly, said all was on track, NDA's with likes of Epic Games, he even gave Fortnite as an example, plus tweeted pics of their stand at a show, just to get the herds lips really wet. The reality was that after the first year revenues hitting their target spot on of ~£200k the first 6 months of the following was ~£20k, the year end wasn't much better, all whilst suggesting year end target of a few million was all on track, it was even mentioned in half yearly report, disgusting what he did.

Besides apart from a footy game or two there's not a lot of games the adverts work in, Grid/Dirt for example are rubbish, you just don't see adverts as you are racing round, it's going to be a tough cookie to crack in big volumes, it will take many decades for it to catch up with the TV/Film/Music industry advert spend IMO.

Besides they have no protection over their IP, have direct competition and realistically likes of say Epic Games can do exactly what they are doing and cut out Bidstack entirely.

Mirriad have IP that is protected, actually bring something to the table in terms of identifying areas for adverts to be placed etc etc. For me there's no comparison between the two, this is light years ahead with a reputable management team.

Just my opinion, no more from me on Draper, have a good day all.

[tickboo] 25/1/2021 08:58

Nonsense. MMs took it down due to demand and supply. You were banging on about Israelis and all sorts. Anyway, back to here I hope we have some decent forward looking content in the trading update due.

[hazl] 25/1/2021 08:29

Well perhaps I'm the only one who feels sorry for Draper.
By getting 'advisors' in my guess is he had to do what he was told.

The share didn't get too high ....they just wanted people to get in cheaper...again just opinion.
Anyway MIRI is a completely different ball game let's stick to that here.

[hazl] 25/1/2021 08:24

But still an interesting prospect.
A bit of catching up to do here after the last few days.

[aidenabettin] 23/1/2021 08:04

JD just does as he is told.Ceo at ARB has just done exactly the same to assist in pulling back the shareprice by selling,issuing warrants and having a placing in quick succession and like BIDS it had the desired effect.BIDS also said they had very little revenue but wait until you see whats been held back .Its a dirty old game

[aidenabettin] 23/1/2021 08:00

Thats how the establishment works.Its all fake and manipulation to get a shareprice down that has shot up too fast.MIRI now hit with the 16:30-16:35 trade.One small trade can change the price dramatically .This has to be investigated why its bening done each night in multiple companies.Who is placing these trades?.LSE has to be investigated

[thesaint5] 22/1/2021 15:59

Problem with Draper he lied in many a podcast with Justin Waite, then followed a desperate £10 million advertising deal meant to take a few more pennies from the poor. He also cashed out during a web of lies and deceit, all whilst telling us all he only listed the company as he knew the news flow they had would pump up the share price. He may be naive but he's clearly not stupid.

In my inexperienced view I'd rather have my eggs safely tucked away in this basket, if Draper shows he's changed his spots I'll reassess.

[tickboo] 22/1/2021 13:43

I think Draper is enthusiastic and and is learning the ropes re managing expectations and over-egging where they are in the journey. I assume he has learnt from that but they are definitely in a sweet spot and will no doubt do very well this year and beyond. I hope MIRI has some decent news in the trading update due as the current market cap looks toppy so some good news to support would be handy.

[hazl] 22/1/2021 10:26

TICKBOO I don't know if I agree with you about management in BIDS.
I expect a lot of it is down to how you start off; whether you already have a certain amount of experience and 'clout'.
I think there has been quite a bit of influence behind the scenes with BIDS and I feel sorry for management who have come up with brilliant ideas and been thwarted each time.
Hopefully it will do shareholders good in the end.
For transparency I hold a few of both.

[hazl] 22/1/2021 09:36

This is from SFOR but applicable here too in my opinion.


'Digital is by far the fastest-growing segment of the advertising market. S(4) Capital estimates that in 2019 digital accounted for approximately 47.5% or $275 billion of total global advertising spend of $550-600 billion (excluding about $400 billion of trade support, the primary target of the Amazon advertising platform), and projects that by 2022 this share will grow to approximately 55-60% and by 2024 to approximately 70%, accelerated by the impact of covid-19. It is anticipated that in 2020, total global advertising spend will shrink to approximately $500-550 billion, driven by a fall in traditional media advertising expenditure. However digital advertising spend is expected to remain constant or increase slightly and therefore improve its market share of total advertising spend to over 50% for the first time.'

[someuwin] 20/1/2021 21:55

Good news for MIRI (and for TRMR)

"Netflix: Bridgerton and The Crown help streaming service top 200m subscribers as lockdowns spur record growth

The streaming service behind The Crown and Bridgerton added a better-than-expected 8.5 million subscribers in the fourth quarter..."

[tickboo] 20/1/2021 15:10

Neither are easy to replicate and first mover advantage key too (as well as IP). I will say that the CEO here is a lot more trustworthy than at BIDS. Experience also count for a lot and Draper has an awful lot to learn.

[hazl] 20/1/2021 14:46

Perhaps more than on the ground floor because of the big companies that are trying them out?

[mauricemonkey] 20/1/2021 14:37

Yep, this and BIDS, the next phase of the digital advertising revolution is just getting going. I liken this to when TV first came out, intially they just filmed stage plays because they hadn't conceptualised a different way of creating content. Same with where and how we can place adverts in environments with fast internet and lots of computing power :)

These might not be the two companies that make it, but they're in on the ground floor and that's a good place to be...

[hazl] 20/1/2021 13:36

Seriously,going places this one.

IMO

[hazl] 20/1/2021 11:34

Who's advertised this then?

Eeza....was it you?

lol

[eeza] 20/1/2021 11:19

Ping !!!!!

[tickboo] 19/1/2021 15:37

You've just retweeted me ;)

[tickboo] 19/1/2021 15:30

Only Cannacord on at 60p so will move soon with buys

[someuwin] 19/1/2021 15:26

No buy quote available for £1k.