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Blinkx: DailyMotion deal - Buy with new 100p target

Tom Winnifrith
Monday 21 January 2013

Another day and another upbeat announcement from AIM-listed blinkx plc (BLNX), which describes itself as “the world’s largest and most advanced video search engine.” Today’s news is of a partnership with Dailymotion. In itself that has not prompted analysts ( or me) to increase forecasts but it has given a greater degree of certainty on numbers currently in the market. And I sense that by the time of the prelims on May 13th we will see upgrades. The bull case is very much intact.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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