Blinkx Board http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion http://www.iii.co.uk/icons/logos/logo_140x67.png http://www.iii.co.uk tag:iii.co.uk,2003:tst.10624315
What I don't appreciate is your arrogance in second guessing what it all means.

Bored now.
By Scooby Doo It ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10624315&action=detail Fri, 24 May 2013 12:49:00 GMT Scooby Doo It tag:iii.co.uk,2003:tst.10624173 Have just taken a (very smal!)l stake in Fastnet Oil & Gas.
I know you follow the closeby Providence Resources.
Would be interested to know if you have any views on Fastnet?
My broker (in Dublin) is following them and is impressed by the management team and their progress to date.
Punter. By punter5 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10624173&action=detail Fri, 24 May 2013 11:51:00 GMT punter5 tag:iii.co.uk,2003:tst.10624160
FOI is parading around the school yard again.. spouting off, and showing us all how little he really knows.

If he thinks the Blinkx share price is being held back because a few websites (Google in particular) are showing the wrong P/E ratio, and thus by implication putting off investors, then poor him.

Firstly, the buying and selling of institutional investors is the only thing likely to move the share price in the medium to longer time frame. Does he really think that these professional investors use Google as their main source of information? ... LMAO!

Biggest laugh of the day so far

Dr.S.

By DrSlowly ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10624160&action=detail Fri, 24 May 2013 11:45:00 GMT DrSlowly tag:iii.co.uk,2003:tst.10623957
If I counted the number of times I was told something which did not come to passI would be a poor man.

Samsung are currently running with the hare and the hounds. It has Android, it did a deal with Microsoft for Windows 8 and now it wants Tizen. It is actually jumping around like a flea on a dog's back.

Do you think Microsoft with Windows 8 is going to take this lying down?

We will see if Samsung delivers. In the meantime "the tone" from the Samsung hierarchy is that they are "hoping" to have a "high end" mobile running Tizen by September. That will only happen if Tizen is "mature" enough to deliver. As of yet, it is not, irrespective of what some "noddy" from Samsung says.

So, member of the Chicken club, put your head where your brains are - low, low, down - and next time DYOR and don't just try to piggyback off mine. By sobeit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10623957&action=detail Fri, 24 May 2013 10:49:00 GMT sobeit tag:iii.co.uk,2003:tst.10623599
"In an interview with Bloomberg, Lee Young Hee, executive vice president of Samsung's mobile division, revealed that not only will Samsung release phones running Tizen later this year, they will be high-end.

"The Tizen phone will be out in August or September, and this will be in the high-end category," he told Bloomberg, "The device will be the best product equipped with the best specifications."

You don't get more explicit than that ! By Scooby Doo It ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10623599&action=detail Fri, 24 May 2013 09:20:00 GMT Scooby Doo It tag:iii.co.uk,2003:tst.10623532 Meantime, accumulation on dips seems to be appropriate.
Appreciate your informed posts. Keep 'em coming. By Mome Wrath ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10623532&action=detail Fri, 24 May 2013 09:03:00 GMT Mome Wrath tag:iii.co.uk,2003:tst.10623466
What has your comment got to do with the price of milk other than you have a broom handle stuck up your rear end and are finding yourself verbally constipated?

Which means, when you address me as FOI you are also a member of the club.

Your presumption is that the interviewer got his information correct even though he says: "With them, Samsung has repositioned Tizen - and if you connect the dots, something interesting is starting to appear."

When you "connect the dots" you are making assumptions and just because somebody said "later this year ... high end .. Tizen" does not mean it will actually happen. If you also read the update on Tizen you would know that Tizen is not yet a fully developed O/S, so things might change if Samsung is waiting for the "super duper" version and thereby delay the "high end, Tizen phones".

In other words, "the joined up dots" are a tone or impression, not reality unless you are so gullible that you believe everything you read, but then you probably do.
.
Don't speak before you have had time to think. By sobeit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10623466&action=detail Fri, 24 May 2013 08:45:00 GMT sobeit tag:iii.co.uk,2003:tst.10623424
Interesting article here on iii regarding investment by novice share dealers.

http://www.iii.co.uk/articles/89097/strategies-novice-share-dealers

The paragraph on ratios backs up what I have been saying about Blinkx as follows:

"Investors need to get to grips with ratios too, the king of ratios being price/earnings (P/E). This reflects the current value of a share - to calculate it, divide the share price by the earnings per share (EPS). If a share is out of favour it will tend to trade on a low P/E, because the market expects the earnings to move lower. Where the market expects lots of growth, it will trade on a higher P/E. The best example of this was during the technology boom, when the market expected such high growth from technology stocks that many of them achieved P/E ratios of 100 times or more."

Blinkx' P/E has gone from terrible to excellent based on its prospects. Given a trailing P/E of 100, Blinkx could easily trade at 300p in the coming months. At present, Morningstar has Blinkx on a P/E of 37.15 (whilst Google has it on a P/E of 170.54).

However, as long as financial market sites continue to get it wrong by not updating their figures then the wrong message is being put out there. I have complained to Google already for not updating the Blinkx information but nothing has happened.

Check out http://www.google.co.uk/finance?q=LON%3ABLNX&ei=kUOWUfjPAoWOwAP_twE
and you will see that Google has us now at a P/E of 170 because they have not updated their information.

This is a disgrace and proves why Google have no real credibility and should not be followed. By sobeit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10623424&action=detail Fri, 24 May 2013 08:35:00 GMT sobeit tag:iii.co.uk,2003:tst.10622830
It's another mobile OS that we are compatible with and have an app for. No biggy but shows we have our eye on the ball. By Scooby Doo It ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10622830&action=detail Thu, 23 May 2013 22:46:00 GMT Scooby Doo It tag:iii.co.uk,2003:tst.10622067
However we still have not topped previous highs although we are in a miles better position than we were in Oct 2011, with pretty good visibility on where future earnings growth will come from

Blinkx is still only on a trailing p/e/ of 45, and as we know it has been as high as 100 on occasions before, that rather high rating would put us at 300p today

If the H1 results show continued strong progress (towards a current year eps of 5p as suggested by DrS), then it is not too improbable to see us getting there later this year

in my opinion anyway but dyor
By gubu ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10622067&action=detail Thu, 23 May 2013 15:19:00 GMT gubu tag:iii.co.uk,2003:tst.10621419
It is currently running Android and I presume it is being aimed at the 4G market. But from the tone of the article, the implication is that versions out later this year will be running Tizen at the high end.

http://www.osnews.com/story/26865/Samsung_s_future_is_Tizen_not_Android

More good news for Blinkx.

By sobeit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10621419&action=detail Thu, 23 May 2013 11:42:00 GMT sobeit tag:iii.co.uk,2003:tst.10621267
Irrespective of the price, you can see since the announcement on the 11th that the activity in Blinkx shares has increased substantially. That means it is of interest to the big investors rather than "smalls" like the majority of us.

That interest is obviously based on the basis that Blinkx is now a highly profitable company relative to its turnover and it is piling money up in the bank which means it is an AIM no-brainer.

Not only that, but the announcement yesterday of the deal with Tizen is far more relevant than people might think. This is what was stated: "Blinkx, the Internet Media platform powered by CORE, the world's most advanced video engine, today announced a dedicated blinkx app, as well as an open source blinkx Video Player for the Tizen community".

So, two things, an "app" and an open source video player i.e. a video API for Tizen.

The app will probably be very much along the lines of Blinkx Beat which is already available on Android devices, so as a revenue stream, that is probably already ported and will be generating advertising revenue on Tizen within a short space of time.

The second, the source blinkx Video Player" which gives Tizen developers access to Video through an API which allows speedy and secure development. Note the statement from the Tizen group member who is also a big cheese in Intel that

"The blinkx Video Player is an outstanding addition to the Tizen ecosystem and community," said Christopher Croteau, Tizen Association Board member and Managing Director of Intel's System Software Division. "Developers will be able to access the open source HTML5 code and manufacturers utilizing Tizen will be able to more easily include video in mobile devices."

By implication, that statement would indicate that Blinkx is the de facto video interface and standard for Tizen. Given the backing of Tizen by Intel and Samsung and being far closer to the Linux model than Android (even though it too is a Linux derivative) which to a certain extent is proprietory means that it is far more of a standard for both products.

And given that Tizen is being promoted as the de facto Linux operating system for all those mobile devices including connected TVs this is one very big deal for Blinkx.

The battle for operating systems for mobiles is really hotting up. The following is worth a read: http://www.mobilemag.com/2013/02/27/tizen-firefox-os-ubuntu-competing/

Intresting to note the comment that Firefox OS is "like a cross between Web OS and Chrome OS" when you consider that WebOS was the product that HP owned and sold lock, stock and barrel, to LG earlier this year which proves that HP does not know what its left or right arms are doing. Surely, it would have made more sense to just pass it over to Blinkx given their shareholding?

There will be plenty of Tizen products starting to flow later this year as Samsung gears up and it will be interesting to see how deeply Blinkx is integrated into the OS.


By sobeit ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10621267&action=detail Thu, 23 May 2013 10:57:00 GMT sobeit tag:iii.co.uk,2003:tst.10619756 well fine blinkx , still 20p of high though,

The sp is now higher than emg , race is on to 150 n vs arm to 1500, 2012 was a disaster for share gains but 2013 is soooooo good

Enjoy
By Cridler ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10619756&action=detail Wed, 22 May 2013 18:25:00 GMT Cridler tag:iii.co.uk,2003:tst.10619431
Please DO get excited about your gains. Enjoy the good times you never know what's around the corner. By Scooby Doo It ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10619431&action=detail Wed, 22 May 2013 15:52:00 GMT Scooby Doo It tag:iii.co.uk,2003:tst.10619390
These are MY back of a fag packet 2014 Sales/EPS estimates along with my thinking (always to be taken with a large pinch of salt).

They are largely based on extrapolation (not a particularly credible science I know) but lets face it the City uses it all the time... lol!

The estimates are based on prior sales growth

Year Sales(mill) %growth
2009 14 -
2010 34 +143%
2011 66 +94%
2012 114 +73%
2013 198 +74%

Lets take the worst year of sales growth as our highest estimate i.e. +73%. A conservative approach I feel.

And for our low figure let us assume that organic sales growth is slowing by an AVERAGE of 23% year on year (taken from the above figues). This gives sales %growth figure of +57%.

These values give 2014 Sales of between $310m and $342m. If we take out the $10m for the olympics/US elections then we get $295m and $325m.

Therefore $295m is our low figure and $342m our high figure. This compares to analysts current consensus figure of $221m. A wide gulf! Even if we slash sales growth this year by half to give +37% (a result I think highly unlikely) then we get FY2014 of $258m.

Conclusion: Blinkx are currently being low balled by analysts and are still cheap given their future potential.

p.s. If we apply the same sales to EPS conversion rate to basic EPS this year 4.8c (3.14p) (big assumption) then we get basic EPS estimates of between 4.68p and 5.42p for 2014 giving a forward P/E ratio (at today's price of 134p) of between 24 and 28 (not P/E in high 30's as shown on many financial sites). This makes a big assumption that margins, costs of sales etc. are going to be the same as this year i.e. Sales X constant = EPS.

The P/E ratio of 24-28 is likely to keep away "value" investors and most PI's but is unlikeley to upset any US analysts that are used to dealing with Blinkx's peers listed on the NASDAQ. After all they may well have done their 2015 Sales/EPS homework already

Dr.S.

p.s. this is not a recommendation to buy the shares. As ever DYOR, come to your own conclusions. Blinkx may just be for hard-core growth investors.

By DrSlowly ]]> http://www.iii.co.uk/investment/detail?code=cotn:BLNX.L&display=discussion&id=10619390&action=detail Wed, 22 May 2013 15:39:00 GMT DrSlowly