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| jarvis4 - 10 Jun'09 - 09:35 - 8270 of 8276 Poor volume, Compete showing a downward trend and complete silence on Zango, TH etc. I cannot understand the reluctance to keep shareholders informed about major developments such as Zango (news of which is in the public domain anyway but not a squeek from BLNX) whilst still formally releasing news that they have parnered with such as "Tiddlywinksforbeginners". When they have surpassed their annual targets and are - apparently - well on course, the fact that the sp languishes should be of concern to management, especially after the rise seen in general markets and AIM over the last few months. This insouciance towards the sp and shareholders is very worrying. Assuming they are beavering away with pencilled in dates for the release of significant news, they should release a trading update at the end of this month and seek to do so every three months thereafter. That way they might stir some interest and perhaps nudge the sp upwards. |
| twiga - 10 Jun'09 - 10:13 - 8271 of 8276 jarvis4,, thats exactly the problem with blinkx,, they started so positively releasing rns ,keeping everyone informed ,promising so much , blinkxtv/movies etc,,profit ,awards etc , now blinkxtv not even on homepage ,so unless you know it existed why would you look for it under blinkx remote now ,,( this is their lack of communication and promotion skills at their best ) they kept everyone guessing about miva , twice . now the saga with zango , did they buy it ,yes/no under a different name ? why ? whats happened to the ready to roll trans hijacking stuff .? what happened to expansion across multilanguages , spanish speaking countries ,east europe ,and asia . growth appears to be slowing down . as for trading volumes on their shares ,this year average below 1m daily . shareholders list out of date . Ps When you email to company or their advisors ,they either fail to reply or say they'll look at it ,or working on it . Blinkx need to get focused before they get left behind in the next stage of development from internet to tv. |
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The Hog - 10 Jun'09 - 11:42 - 8274 of 8276
I agree with you jarvis and twiga. I sold out last week with luckily just a minor loss.
I think I have been long in Blinkx for too long. They have such marvellous technology but seem to be having major problems marketing it and doing deals. They were far ahead of the game but now, IMO, are losing ground by the day.
The miva story has been totally mismanaged, What has happened to Transaction Hijacking ? and this was going to be the big bucks maker. Zango purchase and not so much as a dicky bird from them. TV Remote seems to have stalled. The rankings are on a downward trend. The Road Show . What happened to that ?? Even the movie channel was removed and has not been replaced. There are better places to put your hard earned cash at the moment but unfortunately this is not one of them. After another pathetic Bob the builder RNS last week convinced me to sell up. If that's all Blinkx can offer in the form of news, which smacked of desperation, for a company in an explosive market, then heaven help them.
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Tell you one thing: unless Blink start getting their shit together - and very very soon - I wouldn't like to be in Chandratillake's shoes come the AGM...
"If that's all Blinkx can offer in the form of news, which smacked of desperation, for a company in an explosive market, then heaven help them."
and us, of course...
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