With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

Maybe just a bit of realism that this grossly overpriced.

buying opportunity - Haystack this company has enormous growth potential and the rate of growth with current earnings putting it on p/e/ of around 23 makes this very attractive, brokers will cosistently upgrade their targets too

Not convinced. Currently on P/E of 89. I don't see a bright future for this. I see a major collapse at some point.

Directors' Dealings

Dont know where Hays gets his P/E from? Probably made it up like is tory statistics.....

Blinkx PLC

FORECASTS
2014 2015

Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Numis Securities Ltd
06-06-13 BUY 19.61 2.55
Peel Hunt LLP
06-06-13 BUY 18.89 4.05 28.19 5.92
Canaccord Genuity Ltd
13-05-13 BUY 18.39 3.76 23.44 4.79

2014 2015
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 18.89 3.91 0.00 25.91 5.38 0.00
1 Month Change 0.00 0.02 -1.79 0.13
3 Month Change 1.55 0.33 0.40 0.52


GROWTH
2013 (A) 2014 (E) 2015 (E)

Norm. EPS 145.48% 6.14% 37.61%
DPS % % %

INVESTMENT RATIOS
2013 (A) 2014 (E) 2015 (E)

EBITDA £m £22.65m £30.03m
EBIT £m £18.20m £23.18m
Dividend Yield 0.00% % %
Dividend Cover x x x
PER 30.82x 29.04x 21.10x
PEG 0.21f 4.73f 0.56f
Net Asset Value PS p p p

P/E ratio here 88.92

http://www.moneyam.com/shareprice/BLNX

Concerning Blinkx EPS. Based upon the latest figures of $0.07 per share, you get approx. £0.045 per share. at aprice of £1.17 per share you have a P.E. of 26. It isn't rocket science !

No exactly, is that the fully diluted figure CP?.

Hays link is out of date.

After tax figure 4.8 cents which equates to about 3.2 p per share. On that basis based on a price of £1.17 we have a PE of about 34.

Haystack, don't take notice of the financial info on this site, use a specialist such as Digitallook showing p/e at 19 or do your own research. Earnings growth at 94% and rising gives prospective p/e 10 which IMO greatly underestimates Blnx. with potential takeover from the likes of Google and US valuations in this sector 20x this ratio I believe Blnx to be very undervalued and as yet overlooked by the major institutions. this will all change after the next set of results and a serious re-rating will occur. Getting in before they're noticed is my strategy and can wait. Could be worth billions in a few yrs unless taken over beforehand.

With a consensus (unanimous!) Strong Buy opinion of all brokers, targets must be much higher than 136p and I know of one fund mgr accumulating these in large amounts, expect some holding RNS out soon

rob - i've been a holder of this one on and off for a number of years - currently in ...... this t/o target and undervalued and imminent re-rating nonsense has been touted almost since the float ...... the share will probably do well, though it certainly hass periods of severe indigestion ...... don't expect a rocket, even though that may come to pass eventually and unexpectedly

I am still pessimistic about this. I still think that there is little real substance.

it's certainly a tenable view even though i don't subscribe to it

what will be will be, you invest in those you think have best growth (or income) prospects and I believe Blnx to be potentially great and a profitable inv in mths/yrs whatever and my opinion may chg but everything looks good for now. Haystack, if you believe that then don't invest or sell your hdg if invested, simples ;)

Quite right. The growth in online advertising is enormous. As for Haystack, I reckon that he is on a different planet from the rest of us !

One of the problems with online advertising is that the platforms are increasing at a fantastic rate, but the audience is not. There is mounting downwards pressure on advertising revenue per platform. At some stage the bubble will burst and there will be a shakeout. There is no guarantee as to which ones will survive.

Facebook and similar have members that have profiles and behaviour. YouTube is partly public and partly logged on members who have Google accounts. Ads are targeted via their demographics and are better paid. Straight click type ads are very low grade without that user detail. Advertising revenue is shifting towards the more intelligent targetted type.

I see ASOS still going up - now that one mstifies me - massive valuation for pathetic turnover / profits

Especially when there was a story over the last few weeks about ASOS selling belts with metalwork that came from scrap that is radioactive with Cobalt-60. It looks like the brass originated in India and was made up from metal from all sorts of places.