Nexxen Share Discussion Threads

[whites123] 28/2/2024 10:31

Digi, I for one acknowledge and share your frustration regarding the current situation. Personally, I have experienced a decline of over 50% in my investment over the past few years. Recently, I raised concerns about the seemingly ineffective impact of the substantial volume of share buybacks on the stock price. The collective scepticism regarding the litigation ranged from estimates of settlement values between 50 million to 250 million, with occasional expressions of doubt about the legal outcome despite the apparent strength of our case on paper.

Setting aside the litigation for a moment, consider the hypothetical scenario where NEXN announces a three-year exclusive agreement with LG. Such news would likely generate euphoria among investors. While the short-term impact on the stock price today may not accurately reflect its true value, I believe that retail shareholders may not fully grasp the significance of the deal at this juncture. Institutional investors and large corporate shareholders, unlike retail investors, do not react hastily to news; their actions are strategic and carefully planned. With the regulatory hurdles now overcome and the deal finalised, it is essential to allow time for the gravity of today's news to be comprehensively understood.

Notably, non-disclosure agreements (NDAs) are not typically imposed in cases involving small settlements. This further emphasizes the magnitude of the recent development and suggests that the true worth of the deal may become more apparent as understanding deepens over time.

[upsondowns] 28/2/2024 10:28

I think the bigger reaction will come when the US opens. Let's see what this afternoon brings

[pre] 28/2/2024 10:14

please advise where can i find details on the Alphonso litigation ? tia

[digitalis] 28/2/2024 10:12

The market has judged ofers latest outstanding military decision and judged 215p……..over to the buyback

[whites123] 28/2/2024 10:03

The extent of the access we will have to the monetary outcome remains uncertain; however, the litigation case sought substantial compensation for the loss of revenue and customer base, amounting to many millions of pounds. The case was perceived by many as a surefire victory, with estimations ranging from several hundred million pounds to a more conservative 50-70 million pounds.

The resolution of the litigation, resulting in our former adversary becoming a partner, implies mutual satisfaction, even if one party is more content than the other. The strategic alliance between LG, Alphonso, and Nexxen suggests a collaborative effort to thrive in the business landscape. With a shared objective of financial success, this partnership significantly increases our visibility and positions us as an attractive takeover target.

Anticipating the potential windfall from the litigation, I foresee NEXN authorizing additional share buybacks, utilizing some of the cash received. There's also the possibility of returning capital to shareholders. Despite these positive prospects, the lackluster change in the stock price today is disappointing, a common market response that often favors institutional investors over retail holders.

The absence of significant share disposals raises questions, leaving room for speculation about the upcoming update. While it may not provide all the detailed answers, next week's update is likely to prompt numerous questions and shed light on the strategic direction and financial decisions ahead.

[amt] 28/2/2024 08:57

Whites its only a proportion of LG business, could be worth only a few million per year and the compensation might be peanuts. Interesting that as far as I am aware they never mentioned this issue before as if it was insignificant.

[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.