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Might need to dig up Alan Turing with his enigma machine to decipher that last message Allbran!
MediaMath news was interesting. Much better reading that the trolls, best to filter they are thick as mince anyway.
https://europeangaming.eu/portal/latest-news/2022/01/17/107324/azerion-and-mediamath-launch-aaa-gaming-marketplace-with-one-eye-on-the-metaverse/
Allbran, how much have you lost shorting BIDS recently? Seems you've been eaten for breakfast.
Going to be embarrassing 4u bottomz. A couple of blue days in a sea of red and u get all giddy. You will be saying, train has left the station next. Has had a nice lil rise but traders will be taking there profits at first sniff of any weakness here. Key is not to be in to long especially with a huge ? Around funding
Fully expected a pre placing pump to such in new money right outta the dodgy aim ceo playback but sure u think this time is different old bean... when u think emotional instead of wit ur head u can't help it
Funny thing is Allbran picked one of the best performing shares since mid June to make his DOWN prediction on. Should have thrown a dart, would have fared a lot better.
Fact of the matter is Allbran old bean, you predicted a crash below 2p and its now 50% higher than your target prediction.
End of!
18th June
"Until we clear the 21ema with conviction this is going DOWN. It can't even get above the 8ema at the moment and their was no volume behind yesterday's move."
You must be underwater on that trade allbran?
Allbran, you predicted 1.7p for this a couple of weeks back
I assume you shorted it and are now sitting on a big loss?
Oh dear bottomz you'll be saying the train has left the station next. Never learn. If u recall I said Draper would be on the PR offensive to boost price before the fundraise...
We've bin ere b4 several times no the market is not waking up to the potential here etc etc this is traders pure and simple and they'll be taking there profits and off to next stock soon enough leaving you wondering what the heck happened shell shocked that train is back at the station and gutted you didn't slice again
probably because they use scattergun tactics without specifics to spread the FUD... Only the weak hands / easily influenced are fooled. Am sure they're all really enjoying this bounce-back since most of them are investors in BIDS.
Moving up through the 50ema now Allbran, with a decent amount of momentum.
Why do you think the market doesn`t agree with your desperate disasterous predictions?
...can you really imagine Draper in Dragons Den, he's not knocking up some chilli jam in his garage. 'I've got an exclusive deal with EA games, I've got a partnership with Azerion worth 30m over two years', 'Not for me, I'm out, not enough potential, I'll never get my money back'. Comedy gold.
I think it does highlight some of the comparisons here though.
Bidstack as a start-up would seem phenomenally undervalued compared to masses of start-ups, given the fact that it is actually starting to monetize its offering. Whilst I would in no way advocate something such as Crowdcube or SEEDRS, take a look at some of the valuations on there compared to where they are in the stage of monetization and then compare them to Bidstack...
Crowdcube and SEEDRS have some (many) companies with insane valuations that are multiples of Bidstack's market cap and yet many don't even have a working product, let alone revenue.
guess dragon's den comparisons are all they've got to use now...- one of the questionable areas on the revenue was side was answered in that interview re any split of the $30m spend with Azerion. This was one of Gridz's angles as to why the revenue numbers couldn't be trusted. Now been disproved.
Re 'cash' they've got enough for the year (£7.1m) but if more is needed to buffer the business until the profitability wheels really start turning a loan is a viable & practical solution to cover and would avoid any unnecessary dilution to shareholders. I'm sure it's something they are considering.
I wasn`t fortunate enough to read it because he`s one of my green bin mob.
I am tempted to take him out of the bin just to read it though..for a chuckle!
Maybe later, too busy at the moment watching 3p being paid!
:-)
Plonker of the year, he’s got some tough competition here, I’m still chuckling on the Dragons Den post…
Allbran quickly cementing his claim to being `plonker of the year` on here.
Here`s a couple of his recent ridiculous ramblings.....
16th June
`Remember when I said this would be sub 2p and got laughed at. Yall need to seriously seriously consider who you call a troll. I take no pleasure in being right but it is OBVIOUS and has been for a long long time.
17th June
He started a thread titled `Technical Bounce` saying....
`No volume behind today's move and found resistance at the 8ema think it bounced, cos RSI was oversold and news of chairman it won't last though need to be selling into these spikes.
I did reply at length explaining that it was only the early signs of a `possible` bounce...which has now proven to be the correct way of analysing what was happening.
18th June
`Until we clear the 21ema with conviction this is going DOWN. It can't even get above the 8ema at the moment and their was no volume behind yesterday's move.
We`re clearing the 22ema now, which is the one I use, and is harder to break
than the 21ema!
I wonder what Allbran thinks about this `bounce` now that it has actually developed in to a proper bounce?
Also, I wonder what he thinks of the market participants seemingly disagreeing with his opinion.....which is what really matters after all.
Plonker of the year?
Yep!
engines rumbling... people cottoning on to the reality that BIDS actually has turned the corner...
Cenkos are forecasting only a £0.7m cash outflow in 2023 so the company shouldn’t need much extra cash, if any.
They also think that there could be additional funding options open to the company rather than equity. From their latest note:
‘Into FY23E, if Bidstack remains on course to achieve or better current forecasts, we believe there would be various funding options open to the company should additional financial headroom be required as the company moves towards profitability and internal cash generation.’
Lol the circle is squared by achieving the estimated £25m revenues in 2023 and then continuing to exponentially grow in future years - further to the same Cenkos broker note lol - you’re literally floundering at this point! There’s nothing else in your locker! Too funny
Who the he'll is Nick Hargreaves?? Haha
Look how about all this conjecture just stops. Cenkos predicting over £6m in losses here this year and that's with increased revenues. How do you square that circle?
Shareholders will be taking another one for the team thats how. All this PR is classic tactic before a raise
Great twitter thread on BIDS from Nick Hargreaves from Moulton Horrox, including simple actions he believes would mean ‘the share price could easily re-rate to the 10p that it should never have been below’
https://twitter.com/mhmembers/status/1540609260010328064
These are his thoughts on funding. He believes they won’t need an equity raise but could get non dilutive financing.
3) Deal with the funding elephant in the room. If they meet expectations this year, our model suggests they may not need further funding. However, given their annual report states that they do, we must assume they do, as the
market clearly has done. However, given the history, the market is also expecting another dilutive fundraising without any IR occurring beforehand. Having raised financing in the past for smaller, listed AIM companies and speaking to a former colleague who is a debt financing
advisor currently executing similar deals, I believe there is more than enough appetite from private debt funds / family offices for a non-dilutive mezz financing on the back of the guaranteed revenues, publisher deals and current prospects. If they raise, say £5m, in mezz at
even 20% rates, they can easily repay/re-finance that in 2 years with the projected growth. How much would shareholders prefer this to another dilutive raise! While they can’t just announce what they’re doing or if they even need to raise, some acknowledgement that they are
exploring all these options instead of an equity raise would provide comfort.
I welcome everyone’s feedback, but with these few ‘simple’ actions alone I believe the share price could easily re-rate to the 10p that it should never have been below
Allbran seems to have an incredible crystal ball, he sees everything in his mind then posts it as if its all exactly how he `explains`.
Read his words and try to find actual facts...they don`t exist!
Just supposition, assumptions, guesses and rampant deramping.
I wonder what drives his desire to trash talk Bids incessantly, with lies and fake news....there has to be a motive!
There's no wave up here to ride you fool. Draper has done a Jedi mind trick on you good and proper number 2!...you're up there with the cream of the deluded.
Um well he explains the % range in the video if you bothered to watch it lol - you’re full of huff and puff and not enough substantiation - in panic mode and it’s embarrassing to read. I’ve just done the calc for you - the wheels of BIDS are turning towards profit - 2022 is a transformational year & 2023 will see the first real profit. Given the projected rate of revenue increase they’ll never look back - and you won’t be riding the wave up. Shame given you post here enough haha