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Re: plfminthemiddle post# 429

Tuesday, 06/18/2013 9:21:14 AM

Tuesday, June 18, 2013 9:21:14 AM

Post# of 448
message by sobeit:
More important than the figures you mention are the following statistics:

Headcount down from 275 to 255. This is possible because of the level of technology Blinkx uses where "computers" do the work that others such as Youtube/Google etc use people who cost a lot of money. Remember, Blinkx "computers" are intelligently viewing the contents of the videos rather than tags so it can realise when, for example, a porn video is being viewed.

It is possible the headcount could fall even lower adding more to the bottom line as the technology becomes even more sophisticated and streamlined.

Given the news today that ISPs and web browsers are being targetted to stop such videos being available, there is a huge market for Blinkx identifying and stopping such videos.

Next, in the last year, Blinkx' Publishing Partners has gone up from 2,919 to 4,540 and Advertising Partners from 970 to 1,081. At the same time, content partners, those who use Blinkx' AdHoc to show videos with advertisements and share revenues has gone up from 804 to 906.

What this means is that we are still on an upward trend and, hopefully, at the AGM in July we will learn that this year the upward trend has continued and we might be looking at about $300m or more net profit for the whole year now that the acquisitions and exceptional costs have all been absorbed.

If that is the case, we will see a very strong re-rating of the shares, even pushing them up as high as £2 if not even higher.
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