Nexxen Share Discussion Threads

[midasx] 28/2/2024 08:54

Excellent post whites123, I have also increased this morning, my only reservation is the upcoming update on the 6th and current trading figures, balanced by the very positive story they will be able to set out for the future.

Even reasonable current trading should produce a significant re-rate.

Very positive current trading and we are off to the races!

[barkbooo] 28/2/2024 08:48

The bid has been strong in the first 45 mins - hope this is not a moody early session trap.

If the news gives us a close of 240p plus - I would take the rns a little better….honesty is becoming increasingly difficult to find these days.

[whites123] 28/2/2024 08:41

Today's news holds immense potential for our company's future success. Despite lingering concerns and losses that have led some to believe our company was doomed, the recent resolution of litigation should not be underestimated. Previously, we lamented the decline in revenue and customers due to the Alfonso LG debate, but now we find ourselves in a strategic partnership with one of the largest players in our industry. This development is undeniably positive, as it positions us favorably within our sector.

While the financial details of the deal seem to be shrouded in secrecy, possibly due to a non-disclosure agreement (NDA), it is plausible that the company has opted to reveal this information on the 6th of next week. Although speculative, it appears that NEXN had initially targeted a $68 million settlement, and given the magnitude of the case, the actual value of the agreement could be considerably higher. If we were entering a collaboration with LG without the shadow of litigation, we would undoubtedly be celebrating loudly. However, past setbacks have left us somewhat reserved.

The sector we operate in may not be widely recognized or considered captivating, explaining the modest increase in our stock today. This lack of market enthusiasm is not a reflection of the news being underwhelming but rather a result of the sector not being on the radar of retail investors. The true value of our achievement may take a few weeks to be fully appreciated, as major stakeholders engage in discussions with Ofer to understand the implications, and retail investors gradually receive more updates.

Personally, I am optimistic about the future, and I am increasing my investment. The closure of the case allows us to shift our focus to a promising new collaboration. In hindsight, it is challenging to envision a better outcome, unless one believes that a straightforward cash settlement would have been superior to what is essentially a transformative mega deal.

[holgerbb] 28/2/2024 08:21

Excluding cash. The 3 year deal is certainly more worth than 5% share price increase

[amt] 28/2/2024 08:12

A portion, how much ? 1% 10% any ideas ?

[holgerbb] 28/2/2024 08:11

I am buying on that news

[death by donut] 28/2/2024 08:10

Total guess, close at 263p.I say that figure as last Friday the close on the graph glitched to that price for some reason on Sharepad.Anyway from my novice pov with a small amout in a sipp , it's nice to have this sorted finally?DbD

[ragos] 28/2/2024 08:08

Alphonso will grant Nexxen access to monetize a PORTION (my caps) of LG's premium CTV inventory...


Don't get too carried away, Gadgie till we hear ofer on the 6th.

R

[gadgie2] 28/2/2024 07:57

Our appeal to advertisers just got a whole lot better overnight and integrating our platform into Alphonso is massive news .. we now have reach beyond our wildest dreams 100s of millions add VIDAA 50 plus million homes WOW

[takeiteasy] 28/2/2024 07:57

Alphonso will grant Nexxen access to monetize a portion of LG's premium CTV inventory and will also leverage Nexxen's data-driven discovery and segmentation tools.

Let's pause for a second, it was reported that we lost a huge number of our clients, collapsed share price that cost many of us here a small fortune ...and in return we get a time bound data access facility - is this a fair outcome for historical damages - question?

[midasx] 28/2/2024 07:55

"This agreement marks the start of a strategic partnership between two global leaders in the CTV sphere.

Little old Nexxen and the mighty LG!

[barkbooo] 28/2/2024 07:49

Interesting to see what we close at today - not so interesting to see what we open at…..

[digitalis] 28/2/2024 07:47

Personally I would have took the 3yr agreement because we are paddling here making very limited progress so in effect we have bought some time……..this should boost revenues/profits at the cost of a substantial cash settlement…230;..

[midasx] 28/2/2024 07:45

Looking on the bright side, Nexxen will have access to ACR data from LG and Hisense two of the top 3 TV suppliers, that is absolutely huge!

[wheeze] 28/2/2024 07:45

To be fair whites123, I have to accept the logic of your argument. It's just many of us have had the wool pulled over our eyes by Ofer and Co that we are naturally suspicious

[amt] 28/2/2024 07:45

They will have to disclose the cash in the accounts I would have thought.

[takeiteasy] 28/2/2024 07:43

Pure speculation but perhaps they said to us 65m and no 3 year agreement or nominal amount and an agreement - what do you think Ofer would do?

[gadgie2] 28/2/2024 07:42

Our ex CEO now onboard with Alphonso no doubt had a hand in this deal ... 3 years is just a teaser wait and see the revenue this will pull in !

[amt] 28/2/2024 07:42

Alphonso valued at over 1billion. Maybe LG would have been better buying Nexxen.

[digitalis] 28/2/2024 07:41

Wheeze….maybe lg have arranged staged payment’s spread over 3yrs lol…….

[takeiteasy] 28/2/2024 07:38

I know we were seeking 65m but this is a material amount for our firm and I am not sure he could not disclose this under current rules - will need to find an expert who can confirm. A low ball agreement is not what we need after waiting 3 years...

[wheeze] 28/2/2024 07:36

NEXN had an ironclad case. The payout should by rights, be eye-watering. But then, we said that about Nano v Samsung. What is it about these Korean giants that they can get away with just about anything?As Barky says, how can they not inform the market of the size of the payment as this is price sensitive? Unless of course they do this via a separate RNS when the US market opens .

[barkbooo] 28/2/2024 07:36

Gadgie - I greatly respect your views…I hope you are correct, but my gut feeling is playing up.

[whites123] 28/2/2024 07:36

The signing of the Non-Disclosure Agreement (NDA) marks a significant development. It's important to emphasize that this isn't just a small symbolic gesture; it's substantial news. While we may engage in speculation regarding the monetary aspects, the collaboration itself is groundbreaking.

The anticipation surrounding the payment amount is natural, but the scale of this collaboration demands attention. In similar situations, speculation often precedes the actual figures. Personally, I recently finalized an NDA agreement with my employer, and despite various speculations, the signed amount exceeded expectations by approximately seven times.

Considering the magnitude of such cases, it's reasonable to estimate the transaction in the hundreds of millions. It's important to note that deals of this stature are not concluded for trivial amounts; there's a guarantee of substantial value involved. The impact on the market and stakeholders will necessitate adjustments, making this development noteworthy.