- history of over promising and disappointing
- very much a AIM small cap
- burns cash
- will place and dilute
- has share price on homepage
- Glassdoor is not great
- emoji issues when discussed
Now a £35M cap, a fortnight on
It's one of those small UK if-it-were-listed-in-the-US companies. Bidstack #BIDS and it puts advertising into major online games
It's rocketing - and there are some grounds to think that in quite short order it may be about to turn into a firework
Not Boku and not for widows & orphans but looking around here, it has the kind of following where rival factions of the warmer kind of bulletin board gang members gun each other down on twitter with rocket emojis but if the Swedes or Americans discover it, can it stay a \xa322M cap? https://t.co/Fa2r6JgTTq
— HRouge (@hareng_rouge) December 17, 2020
- history of over promising and disappointing
- very much a AIM small cap
- burns cash
- will place and dilute
- has share price on homepage
- Glassdoor is not great
- emoji issues when discussed
20H1 was 2x sequentially and 10x YoY
It may be about to report H1-H2 sequential growth of 5x.
If so, FY20: 10x YoY.
Fwd 21 rev multiple? Perhaps half that number, perhaps even less.
The SDK allows companies to create areas in their games where adverts can be placed by Bidstack.
The ads appear within the fabric of the game, natively
To date the games are a couple in car racing, one in football and a battle royale. Will come back to this.
They get them to a very hard to reach demographic.. who then re-consume ads endlessly
And this is what they have achieved from those tests: H1 10x YoY and 2x sequentially
It's the second. Having seen the numbers from tests alone, hopefully you can now understand why.
https://t.co/RKG0ZRo7SP
That was £26K and £113K, a little over 4x sequentially
20/H1 of £274K at that rate would be £1.2M - so just under £1.5M for FY and 10x YoY
More from Finance
THREAD: Who are the rising stars of Chinese elite politics in the central Party-State bureaucracy?
For @MacroPoloChina I analyzed last year's ministerial-level promotions to posts in Beijing
TLDR: Ties to Xi Jinping—or a Xi ally—are very helpful! (1/14)
https://t.co/kO2A0Efyq2
Seven politicians were promoted to ministerial-level positions in central Party agencies last year
All are likely to feature on the next Central Committee selected at the 2022 Party Congress
Some could make the CCP's elite 25-person Politburo (2/14)
https://t.co/kO2A0Efyq2
Likeliest for the Politburo is Meng Xiangfeng, new Executive Deputy Director of the CCP General Office
He would replace Xi ally Ding Xuexiang as CCP chief-of-staff if Ding is promoted further in 2022
Meng worked under Xi allies Cai Qi in Hangzhou and Chen Xi in Liaoning (3/14)
Less likely for the Politburo but still important is Jiang Jinquan, new Director of the CCP Policy Research Office
He replaces 5th-ranked leader Wang Huning who led the Party's brains trust for 18 years
Wang remains prominent and will be <68 in 2022, so he'll stay around (4/14)
Other notable central Party promotions include Li Shulei and Liang Yanshun, who both assisted Xi when he led the Central Party School from 2007-2012
Li is a political conservative who is said to be quite close with Xi, even drafting his 2014 speech on culture and art (5/14)
For @MacroPoloChina I analyzed last year's ministerial-level promotions to posts in Beijing
TLDR: Ties to Xi Jinping—or a Xi ally—are very helpful! (1/14)
https://t.co/kO2A0Efyq2
Seven politicians were promoted to ministerial-level positions in central Party agencies last year
All are likely to feature on the next Central Committee selected at the 2022 Party Congress
Some could make the CCP's elite 25-person Politburo (2/14)
https://t.co/kO2A0Efyq2
Likeliest for the Politburo is Meng Xiangfeng, new Executive Deputy Director of the CCP General Office
He would replace Xi ally Ding Xuexiang as CCP chief-of-staff if Ding is promoted further in 2022
Meng worked under Xi allies Cai Qi in Hangzhou and Chen Xi in Liaoning (3/14)
Less likely for the Politburo but still important is Jiang Jinquan, new Director of the CCP Policy Research Office
He replaces 5th-ranked leader Wang Huning who led the Party's brains trust for 18 years
Wang remains prominent and will be <68 in 2022, so he'll stay around (4/14)
Other notable central Party promotions include Li Shulei and Liang Yanshun, who both assisted Xi when he led the Central Party School from 2007-2012
Li is a political conservative who is said to be quite close with Xi, even drafting his 2014 speech on culture and art (5/14)
Inflation is coming, inflation is coming!
Last month I wrote about the distinction between long-term secular inflation and shorter-term cyclical inflation
It has been clear for several months that we are in the middle of a cyclical rise in
The full thread can be reviewed here:
Today's PPI report should have been expected to surprise to the upside as the leading indicators of inflation have been screaming to the upside for months!
Here is the ISM prices paid index, cumulated into a growth rate
3/
Industrial commodity prices have also seen a major acceleration for months.
4/
So today's PPI report was in line with the leads, suggesting that we have a cyclical upturn in inflation that is * primarily concentrated in the manufacturing sector *
This is a key point.
5/
Last month I wrote about the distinction between long-term secular inflation and shorter-term cyclical inflation
It has been clear for several months that we are in the middle of a cyclical rise in
Now, in the short-term, the manufacturing sector is red hot, driven by a pent-up demand rebound in goods consumption.
— Eric Basmajian (@EPBResearch) January 4, 2021
Commodity prices are screaming which gives legs to "goods" inflation in the short-term.
8) pic.twitter.com/rQcqHf1OD0
The full thread can be reviewed here:
Consensus continues to conflate the inflation story, mixing and matching long-term and short-term charts to fit what is generally a secular inflation narrative.
— Eric Basmajian (@EPBResearch) January 4, 2021
Here are my two cents to make the distinction clear.
1)
Today's PPI report should have been expected to surprise to the upside as the leading indicators of inflation have been screaming to the upside for months!
Here is the ISM prices paid index, cumulated into a growth rate
3/
Industrial commodity prices have also seen a major acceleration for months.
4/
So today's PPI report was in line with the leads, suggesting that we have a cyclical upturn in inflation that is * primarily concentrated in the manufacturing sector *
This is a key point.
5/
