UK 08:35 Friday, 6 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Yesterday my colleague Gary Newman argued HERE that at 66p shares in blinkx (BLNX) were a buy. I respect Gary but disagree with him, this company is not worth £264 million. The shares remain a sell.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
trashbat
I commented on the same article. I haven’t followed every twist in the Edelman saga but it drew the company to my attention. Much like MMX (nee TLDH), I can’t understand why they’re considered a great hope.
It seems to me that if you want to create a serious concern in online advertising, then you have three options:
1. Go large. Get your advertising mechanism integrated into something everyone already uses. Unfortunately for the budding startup, what this really means is ‘be Google already’, or to a lesser extent Facebook. It’s mostly sewn up and consolidated into a few very strong vested interests. Even Apple haven’t made a success of their go at it.
2. Go niche. Concentrate on small but high profile opportunities, like ads within a group of very popular mobile games. Advertisers will pay because you have a well targeted captive demographic.
3. Technical innovation – do something special that gets you bought by the big players. Go back in time and invent GMail scanning or Google Glass. I don’t know, beam targeted adverts into specific people’s heads using directed sound. Wishy washy software frameworks ain’t it.
Everything else is a waste of time; why would an advertiser bother with the also-rans? Blinkx seem to be engaged in some sort of late 90s to mid 2000s era startup-esque hyping up of their platform, with what seems to be subprime technology and what are definitely subprime partners (Lycos, anyone?). That’s without mentioning their toxic hangover of a malware business.
I can’t really understand why anyone familiar with the Internet or software would buy into it. To me it doesn’t pass even the most benevolent Dragons Den style litmus test. As ever, I might be wrong, but noone’s explaining why.
Markus Ilg
Hi Tom,
How do you come up with your Quindell share price target of less than 45 p?
Thanks for explaining!
Tom W
Markus
I expect QPP to follow the trajectory of TIG and predict vast write-offs of goodwill and accruals and trade receivables in due course. This will be like TIG in the Terry era.
T
craig macfarlane
Afternoon Tom
Any views on the shorts being closed out by Hendersons and BlackRock recently on Globo ( closed out to a level below the required amount needed to report to the FCA). Change in sentiment I reckon. The 10,000 Australian contract shows progress on hitting the bigger contracts. thoughts ?
cheers
Grim North Craig
Tom W
Craig
Hope the North not too grim today.
No view on shorts & stance on GBO unch. Will it ever generate meaningful postive cashflow? Er…
t
TWB
Tom,
Thanks for covering something other than QPP. What do you think about the recent acquisitions that BLNX has made? From my own research I think that the direction taken toward mobile advertising is very promising.
Also the cash in the bank is lower due to said acquisitions no?
I don’t hold the share but I’ve long been interested and given he recent stability I’m considering entry.
All the best,
TWB
David Atherton
You are vindicated, Tom, BLNX down 27% this morning