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.

.... and thick as sh*t :)

Yeah I'm still holding for now, have to say I've lost interest over past weesk with this though. Indices mainly the DAX and FTSE have had my attention and the EUR/GBP.

Share price on the way to break pass 40p , and nobody as posted since the 14th August

That's because I'm around break even... Nothing to shout about..

So am i now

MM's holding the price back for most of the day , any idea why ? to fill a sell/buy order

http://www.blinkx.com/corporate/article/index?id=2226

StockMarketWire.com
blinkx says it feels confident about its prospects going forward after taking decisive steps to fortify its business model and realign its resources.

The preliminary first half results, based on unaudited pre-close figures that are subject to change, are expected to be:

· H1 2015 revenues of $102m to $104m

· H1 2015 adjusted earnings before interest, tax, depreciation and amortisation of approximately break-even

· Cash and cash equivalents of approximately $115m at the end of the period

blinkx says it has seen sequential month-on-month growth since July, and management believes the Company has reached an inflection point. Mobile remains a high-priority area for operational and strategic investments and is expected to contribute approximately 20% of revenues during the Period. Chief executive S. Brian Mukherjee said: "The past six months have been transitional for blinkx, which operates in an evolving industry moving toward emerging mobile models. We are well positioned with high-growth advertising formats that are expected to contribute an increasing percentage of revenues.

"We have taken decisive steps to fortify our business model and realign our resources to target growing areas of the sector, and we feel confident in our prospects going forward."

Peel Hunt comment:
"The saving grace is net cash of c$115m. Cash burn is now a real prospect. Hence the company must seek a corporate buyer, in our view.
Another warning: In another alarming development, BLNX has issued another major profit warning. Earlier this year, BLNX issued a warning, shortly after the damaging Edelman blog was published. This time BLNX guides to $0m EBITDA for H1 FY2015, vs $18m for the same period last year.
Profit decline in context: H1 FY2015 revenue is said to be $102m-104m. In effect, this is likely to be a reported decline of c$8m yoy. This is concerning, but not overly material in the context of a high-growth (and volatile) end-market. What is very disturbing is the collapse in profits, on the back of this revenue shortfall. This is major adverse operational gearing.
Prior expectations exploded: Earlier this year, we speculated that c$25m FY2015E EBITDA was feasible (period end March), vs $40m in the prior year. Clearly this looks hyper-optimistic.
Net cash: The real saving grace here is c$115m net cash (or c£80m) at period end. Investors will recall a fund-raising (for a deal) took place only months ago. With the company now on the cusp of losing money, the concern is thus cash burn. Other things being equal, there is c18p per share of cash ‘backstop’ value.
Management commentary: BLNX comments that in fact July marked an inflection point on sequential revenue trends. This remains to be seen, in terms of continuity. Likewise, developments on mobile are said to be gaining traction (now c20% of group, albeit at much lower gross margin).
Investment overview: We have no formal house view on BLNX. Historical EBITDA multiples look attractive but (downward) profit momentum is alarming. That being said, investors will be aware of the cash in the business, together with still-impressive revenue scale. Common sense dictates to us that BLNX must have some attraction to a corporate buyer."

How much is the cash worth per share ?

£80,000,000 cash divided by 400,440,000 shares = 20p per share

interesting , hmmm. trouble is the rate of cash burn

As of 30 September 2014 there are 400,669,220 ordinary shares in issue of 1 pence per share

What a difference a year makes.

Anyone think they can get back to 80p ?

For the whole company?

Lol

the RNS today has got the share moving and the volume has gone places also

for the brave @ 25.625p just as it was QPP late last week

Order book very strong now almost double trades on the bid side
and most MMs have move to offer 27.50p

----------------
RNS
Full name of person(s)
River and Mercantile Asset Management LLP
went over 5%

before19,603,719
now 20,168,719 - 5.03%

and UT @ 26.25p with 233,472K

time - 16:35:02
price - 26.25p
amount - 233,472K UT

The latest related to BLNX also

Zak Mir on Tiger Global - Blog.

The anonymity and use of multiple companies had the effect of concealing not only identity and magnitude of the wilful sabotage of these companies, but also, perhaps most importantly, meant that the average investor stood no chance against the onslaught. They would have to rely on the blogosphere for clues. The bloggers of course pointed to numbers not adding up ( LIKE THE SHERIFF DOES), led by Blinkx’s nemesis Harvard Professor Ben Edelman.

He may have done all his homework perfectly correctly. Nevertheless, the point to be made is that even if he was totally wrong, any company whether good, bad, or ugly could have slid under the shorting attack of the magnitude of Tiger Global with its cloak of invisibility. The bear attack would simply gather its own momentum to create a self fulfilling prophecy as investors panic out as the stock price plunges for no apparent reason.

Of course, what Edelman was to Blinkx, so Gotham City Research was to Quindell (QPP). It is interesting to note that according to Valuewalk.com Tiger Global was already short of the insurance outsourcer and at the latest count was short of 4.26%. It would be fascinating to know whether the shorter and the researcher’s paths have ever crossed? Certainly, it is much easier to be bearish on a company if you know hedge funds are in their up to the eyeballs. It is also easier to point out weaknesses if you know that going forward a company will be slowly asphyxiated by a share price decline and the board will be left attempting to turn the tide King Canute style.

What the Tiger Global episode appears to illustrate is the way that after regulators have closed to the door on the old long side insider trading and ramping, some players have gone to what could be termed as the “dark side”. This is because shorting companies is not understood by the mainstream, or apparently regulators, as well as it long equivalent. There may have been no wrong doing, no collusion, and no conspiracy regarding the recent histories of Quindell, Blinkx, Monitise et al and the manner of the stock price downfall.

But something did smell as they fell, especially as I would venture to suggest that even a whiter than white company attacked in such a way would implode. It would be surprising if the rules are not changed once the dust settles..."