Wednesday 3 March 2010

Are you listening, Chandratillake?

A few posts from the Blinkx thread on iii.co.uk. The chorus of criticism of Chandratillake from small shareholders is pretty deafening - and the big holders can't be much happier, especially those that bought in at 18p only a few months ago and are now showing a paper loss of around 25% on their investments.

The lines emphasised in bold are my emphasis.

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3rd March, 2.42am
pinball/blinkx
safarinorman
I have other things to do and I will explain in the future why i will not be posting here much, in a few months time.
I have too many blinkx shares, i made the mistake of not putting in a trailing stop loss, but i did not jump in at 18p again thankfully.

I hope others see at the end of my post that BBC has registered the company name PINBALL.

The big players like William Blair buy and sell Blinkx because they do not see support in the share price, blinkx i thought had the right to buy back a % of the shares, having to raise more money at 18p and the shares below 14p is not a good investment for big shareholders, no one likes to invest to see a loss of money, i think nearly all small shareholders will be showing some loss, welcome the big shareholders they joined the club.

SC in my opinion is brilliant at new ideas, a great university type but has taken too long to turn to a hard nose profit boss, a nice guy, but that does not make him a strong profit making boss.

ML had a problem, his company was great in a tech bubble, and the share price did not reflect it, and it tainted his view of the stockmarket,
ML also wanted to prove that he was right and others were wrong so he got his brightest guy a university type, and blinkx was set up.

Does anyone remember the woman that was in blinkx at the beginning, she was also a boss, she told SC to stop making silly small announcements, he ignored her.
As time went on i think ML and SC realised the stockmarket was starting to look to be getting nearer to be right about how difficult it was to make a profit in blinkx, so SC tried so many new ideas, i am not sure if he was told to get a grip and concentrate on a few products, then he is in miniweb, this gave blinkx a big problem they had to get it right first time, it was not 100% their own product.

In the past blinkx could built their own product then dumped it with no advertising to show the world its great it really was, they just went from one product to another, it has been said rightly said here that miniweb was harder than blinkx thought to set up.
Now SC has taken a leaf out of Autonomy and disregarded with contempt its small shareholders, i made a mistake i did not realise SC cashed in his shares near the beginning, if i had know that i would have invested elsewhere and been very rich today.
This meeting the small shareholders after the AGM then a call time up, is so obvious, what should be asked every time are you SC still on track to make a profit in 2010, because you said you were comfortable with the predictions of BEING IN PROFIT IN 2010

Blinkxbox Bing ETC. ==if the long term holders here remember i was soo angry that blinkx had done nothing to protect the name blinkx, and again sensing weakness lots of companies had similar names to blinkx
now if anyone is starting a domain name they should set up @lycos @yahoo blinkx uk, yahoo, blinkx .com everything cost little money but protects your company.
A boss that came through university could not see it ,and he still does not protect the companies names.
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the fall in numbers in blinkx i think people forget that blinkx client is school age to university age and the numbers rise at holiday time, then fall when the schools and universities go back.
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if the world does not know the value of blinkx then stop blaming the world, its blinkx that is the one to show that its share price is too low, and it should start by SC putting his hand in his pocket and buying blinkx, not just getting them free as a bonus, like bankers.
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from a start of 45p to under 14p is a disgrace for blinkx management,
i have not changed my mind about MM manipulation in blinkx share price, a lot of companies the share price does not move up and down with every single silly share deal, a lot of companies share price move with solid sales or solid buys.

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1st March, 5.08pm
Re: Anybody notice the 7% fall
sikovace
There is something seriously amiss at blnx judging by the sp collapse [again!]

Always sellers waiting in the wings.Suranga is clueless about markets etc,may very well be a tech genius but no savvy.

We used to think the silence was due to something big on the horizon but with every 'big thing' that comes and goes that BLNX aren't involved in the likelyhood that they are saying nothing because there is nothing to say grows.The markets know it,we know it and blnx management know it which is why they keep shctum.Which is why the likes of Lloyds are dumping and running and why there is no reason to expect and floor to appear until blnx come clean about what they've been up to.

Zango/pinball? what was that all about and why was it so hush hush?

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1st March, 5.35pm
Re: Anybody notice the 7% fall
5bville
This Wednesday marks 4 months since we heard a peep out of blinkx. This is a load of garbage in my opinion.

They can always make up for their lack of consideration to the shareholders if they do have something big to announce but can't because it is not finalized. We'd all be happy if...

Still, I find this to be extremely frustrating.

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