moneyplus
- 25 May 2007 15:19
I got some free shares in this one and also topped up on the profit taking. It's been all downhill so far but I feel this one could take off very quickly or be gobbled up by one of the giants. Anyone else joining in the wait and see brigade??
hlyeo98
- 06 Jun 2007 16:36
- 15 of 272
Maybe it is a good idea if BlinkX is going to sell porn, then its sp will rocket.
hangon
- 02 Oct 2007 14:46
- 16 of 272
Sorry guys, never thought it would be this bad ( but up 30% today! from somewhat lower than float).
Someone asked why I wasn't impressed with Blinx speech-recognition technology - - - - the reason is the way the video-clipsa re presented - for if they allow the Public ( or Trusted Users) to "vote" or provide a synopsis, then you have many brains working for free - there being no need to use fancy software.
The Wikipedia-effect demonstrates that big-bucks are not needed to creatate something valuable.
Furthermore, I don't watch video-clips and doubt that many will( to the extent they are willing to pay much for it.)..
- During the Dot-Com bubble there was a company offering old film clips ( Like the 1930's Hindenberg disaster )- but soon realised that no-one really wanted to pay serious money to watch a few sceonds - for this reason I doubt today's mobile-phones can deliver block-buster movies at 5 a throw.
Yes, Porn is maybe another aspect, but these days adults are unlikley to be willing to leave any "Audit-trail" and will prefer to buy a mag+DVD from W.H.Smith - I would, but don't yet have a DVD player.
Anyone here actually using Blinx - can they say how satisfied they are, - regular use etc...?
Soul traders: - I agree with all you say, but sometimes before I invest I want to see how the Execs work under AGM-pressure - if they are very smooth it may demonstrate a con - if they fumble then maybe incompetance..... It takes a careful judgement to determine if they are truthful and competant - something that only the AGM will provide. I usuall get it wrong some time later!
chessplayer
- 03 Oct 2007 10:49
- 17 of 272
It seems to me,judging by yesterdays upbeat forecast on results,that the big thing going for Blinx is the prospects of online television.
I think that this opens up a whole new ball game,where the prospects must be huge!
dynamix
- 03 Oct 2007 11:11
- 18 of 272
bought heavily into BLNX yesterday and some more today.
big things round the corner... rumour of possible Microsoft bid in papers today
theres also this from a while ago
http://money.cnn.com/galleries/2007/biz2/0708/gallery.next_disruptors.biz2/index.html
Toya
- 03 Oct 2007 15:22
- 19 of 272
Thanks Dynamix. I got back into BLNX again yesterday, too - on the basis of the imminent results. But I've also thought that they could be a target for Google, so it's interesting to see your comment re possible Microsoft bid - which paper was it?
From what I've read Blinkx' technology is ahead of the game, and the fact that few of us are actually using it at present doesn't actually mean it's entirely redundant! (I was publishing books on home computing in the early 80s, when most people couldn't even imagine wanting to have their own, let alone one for the kids' homework!)
dynamix
- 03 Oct 2007 17:34
- 20 of 272
it was just a comment from a reuters news piece on a round up of yesterdays rising shares..
heres an original article from earlier this year.. shows the speculation re Microsoft has been doing the rounds for a while.. I was told by someone Virgin Media had been alerted to it, dont know how much truth was in that though...
Yesterday's trading: Microsoft eyes Blinkx
Geoff Foster, Daily Mail
9 May 2007, 7:26am
Doctor Mike Lynch was Britain's first software billionaire. His beloved Autonomy flirted with the Footsie during the dotcom boom before falling dramatically out of bed, along with many other techno high-fliers, when the bubble burst in March 2001.
It took some time for him and the company to recover but the shares have doubled since January 2006. Sold down yesterday to 732p at the outset, they rallied strongly to touch 827p and close 34p higher at a 800p amid rumours that US computer giant Microsoft could bid for its Blinkx consumer division before it gets demerged and floated on Aim later this month.
Autonomy's management believe Blinkx has huge potential. It has a way to index and search for videos on the web or on a network using video indexing. Industry sources believe it could be better than YouTube. On flotation, Lynch's investors will own 80% of the business, with Blinkx management and Autonomy sharing the rest. Ordinary shareholders are to be offered one free Blinkx share for every Autonomy share they own.
Toya
- 03 Oct 2007 18:41
- 21 of 272
Thanks Dynamix. I had seen that article - thought you meant you'd read something new today. Anyway, still useful here for those who missed it back in May.
Apparently The Independent had a 'buy' advice on Blinkx today but I haven't seen a copy. If anyone here happens to have read it, could you possibly let us know what it says?
dynamix
- 03 Oct 2007 20:08
- 22 of 272
Yes it has been mentioned today.. I was refering to where the rumours probably originated
see "this is money" link.. goto bottom of article..
http://www.thisismoney.co.uk/investing-and-markets/tips-and-tactics/article.html?in_article_id=424940&in_page_id=23&ct=5
Toya
- 04 Oct 2007 09:56
- 23 of 272
Many thanks Dynamix. Below is the mention in yesterday's Independent, which I've now located:
Blinkx was spun out of Autonomy and listed on Aim back in May. Despite signing up a slew of high-profile customers for its video search platform, including AOL and Ask.com, the shares have slipped to below 30p compared to a float price of 45p. Yet Blinkx expects its first-half results to beat analysts' forecasts as demand for online video continues to grow 'extremely rapidly'. Another growth avenue is its new video-based advertising system AdHoc, which it hopes will have a similar growth profile to that of Google's dominant AdSense platform. Blinkx's valuation rests on its potential and confidence that it can execute its strategy. It has got off to a great start and a 13% rise in its shares yesterday shows there is appetite for a good news story in UK technology. Buy
coeliac1
- 15 Oct 2007 09:29
- 24 of 272
There has been a breathtaking number of positive announcements of new business lately- presumably the benefits of this growth will start to appear in the current financial year. The goal.com deal looks exciting given the worldwide interest in football. Anyone any ideas what these deals mean in ?
moneyplus
- 15 Oct 2007 10:39
- 25 of 272
Results due very soon after a positive trading update recently. One of the giants must surely be looking closely at snapping them up as well although Au. has kept a very large stake.
coeliac1
- 23 Oct 2007 11:18
- 26 of 272
Another good deal announced I see. Looks good for the current year.
coeliac1
- 25 Oct 2007 10:43
- 27 of 272
Results due next week, hence the upward move in anticipation. The huge sum paid by Google for a small slice of Facebook might benefit too.
chessplayer
- 29 Oct 2007 13:19
- 28 of 272
The results look promising,beating all expectations,but judging by the drop in the share price,the market is not too impressed.
Toya
- 31 Oct 2007 07:49
- 29 of 272
From The Times today:
"... Analysts at Citigroup said that investors had failed to understand the company, which is a key beneficiary from burgeoing video search and advertising. The bank gives an 80p target price."
I certainly agree with the first part of the quote, and look forward to the second!
BLNX floated this summer at above 60p - it's now half-price. A bargain in my view (but that's just mho).
annie38
- 31 Oct 2007 09:53
- 30 of 272
Toya: Think you will find that float price was 45p. Regards.
cynic
- 31 Oct 2007 12:28
- 31 of 272
the h part of mho and cynic do not sit comfortably together!
Toya
- 31 Oct 2007 13:48
- 32 of 272
Annie38: sorry if I got it wrong. I was in a hurry to get the snippet on for people to read if they were interested first thing this morning, and just referred to the graph on this website. From memory, I do recall that it went up quite rapidly on the first day of dealing.
markwhittle
- 07 Nov 2007 09:22
- 33 of 272
Snippet from investor's chronicle
Blinkx boosted by video search growth
Created:
30 October 2007
Written by:
Stephen Gunnion
Web-based video searching is growing in popularity and Blinkx's unique technology - which uses speech recognition and video analysis to catalogue and find video - is much in demand. Indeed, since Blinkx was spun-off from Autonomy in May, searches using its technology have increased 280 per cent to an average 4.2m worldwide a day.
Advertising
So, first-half sales at the video search engine unit - which are earned primarily through advertising revenue - were 23 per cent ahead of the most optimistic analyst's forecast. The online video advertising market is estimated to reach $4.3bn by 2011 and Blinkx's chief executive, Suranga Chandratillake, says Blinkx is well-placed to benefit.
Pre-tax losses include $11.5m (5.6m) in demerger and flotation costs - Blinkx actually raised $50m from May's flotation and $43m is still available to fund growth. Hiring additional sales and marketing personnel will be a key focus, says Mr Chandratillake. And high profile new syndication customers include Ask.com, InfoSpace and RealNetworks. The group has also introduced native language search capabilities for France, Germany and Spain, making it the first video search engine player to address the western European market.
markwhittle
- 07 Nov 2007 09:23
- 34 of 272
Blinkx in sunday telegraph 4th Nov...
Blinkx and you\'ll miss it
Shares in Blinkx (29.5p), the video search engine, took a pounding last week after its maiden results showed up bigger than expected losses. The market\'s problem seems to have stemmed from the fact that it spent about 5.5m in fees on its listing which does seem a little steep.
Revenues were $3m (1.5m), 23 per cent higher than the most optimistic analyst forecast, but operating losses were $2.3m.
Financially, Blinkx doesn\'t quite make sense yet. But its technology is good, as evidenced by a steady stream of partnership deals. It had done 130 content deals at the time of its IPO in May now it has 225 on its books.
Its core video search technology is the key. It allows advertisers to target consumers, based on the video clips they are watching. The likes of Google and Yahoo have nothing like this.
We advised readers to look at Blinkx back in July, since when the shares have dropped almost 30 per cent. As we said at the time, Blinkx, like all early stage technology companies, is a high risk investment. It is likely to be either a soaraway success or a total failure.
Analysts at Citi last week urged investors to look past the short-term issues and look at company\'s steady operational progress. Citi, the company\'s house broker, also increased its forecasts, projecting profitability in 2010 rather than 2011.
If you bought on our last recommendation, hang on in there. Blinkx is still worth a look as a highly speculative bet on new internet technology.