Updates

Blinkx

June 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Blinkx has released first results since the blog allegations / bear attack a few months back. Sales for the year to end March were 25% ahead at US$247m H1 up 36% but H2 only up 17% with growth impacted by the blog. Pretax profit was US$31.8m, up from US$25.2m. Earnings per share were 6.9 cents and net cash stands at US$126.9m or 31.7p a share. Blinkx says it is seeing business levels return to normal. It continues to develop its mobile offering and Rhythm, which specializes in mobile web and app advertising, has integrated well and contributed US$10m to sales but mobile is lower margin. Consequently margins dipped by 80 basis points to 16%. Together with the results it has also bought Lyfe, a lossmaking mobile platform that deli ...

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Tracsis

Blinkx - Buys mobile advertising business (January 2014)

Blinkx (December 2013)

Blinkx (September 2013)

Blinkx - Only 13% of platform interactions monetised at present (June 2013)

Blinkx - Operating margins begin to widen (March 2013)

Blinkx - Buys two online advertising networks (December 2011)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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