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Helx2
Come on Helx2 do you believe in everything you read. when I read an anual report, I say to my self how account are they reporting?
Jabberba
Do you work for bidstack?? Or have inside info in the account department??
Do you know exactly the company performance in the past few weeks or the month before that. I don't think you do. Yes I could had miss out but my number one rule is not to loose money. I will certainly be more interested when there account breakeven. Give me a date for that if you are that confident abouts this company with real figures and analysis. I don't invest in hope I invest in facts. Thats the difference between you and I
Lol what fact and what figures Tango? you don't seem to make any specific, factual points...at least some of us have given it a go - all showing that no fund raising is needed across 2022 - which was your original concern.
Tango. You have not added anything new to this board.
If you just look at the figures you already have accepted that you might miss out on part of bidstack 's re rate as a price for more certainty.
The price decline here is due to poor past performance, dilution, confidence and sentiment.
All of the above are improving with increases in all metrics.
Is it enough that's where the debate is. I would argue bidstack has now some considerable momentum.
You are more evidence of new investors sniffing around. I can hear the thud as we bounce.
Starjump
I had never shorted a stock and I am not a day trader and I am a long term invester. Because I make more money in holding shares then frequent trading. Bidstack has great potential but because of your confirmation bias you can not and will not accept fact. I only look at figures and if the company had delivered in the past. Unfortunately this company so far promised a lot but under delivered.
Tango28, you've lost all credibility. Just some short position loser pushing negative sentiment.
I will sleep very well thank you kind sir - at least I haven’t lost a bomb like you have hahahahaa! Also my point about cash was that bids won’t need a raise in 2022. With either sets of figures I’m right - sleep well to you too!
Helx2 you state…
“Oh dear Roley Polly and Gridzy don’t like being wrong do they? Must defend position and keep trashing the company boo hoo”
So your response is “boo hoo” - like a child would respond…
“Keep trashing the company” - actually I feel my statements this evening are fact or as close to fact as my memory serves me…
“Don’t like being wrong do they” when any reasonably intelligent individual can see that you failed all any maths exams given your ridiculous numbers of earlier. Basics Helx2. If you cannot add up you simply look a tool and best keep those numbers to yourself…
“Must defend position “… Really. I sense you are doing everything in you power to cling on the fond hope you hold shares in a star. You may, but in the meantime do not listen to the Bidstack board for any light. They have a track record that a company would rather not have.
Sleep well.
Roley Polly is just sad because he bought bids at the wrong time like Girdz and Helx1. should try not to live in the past - really isn’t good for your health.
From 1.6p & at this point in time: this is an excellent investment!
I run own company pension fund so I only buy shares that I am happy to hold for ever. So bidstack will certainly not go in to my pension account. But it may go in to my high risk fund
Roleybirkin
Spot on. Don't listen to what they say but see what results they deliver
Tango. We welcome you as an investor whenever that may be but don't copy Girdz. He'll buy at the top, sell at the bottom and then fumble any subsequent rise!!!
Too much waffle on here. The numbers below and in the interim report show that they’re fine for 21 & 22 says brain of Britain Helx2...
Funny, but the board said 1H 2019 revenues would be £1.75m - that was their guidance number - They delivered £26,000...
Spooky, Draper said Full Year 2019 revenue's were on target at £5.9m and delivered £140,000
Amazingly, 2020 guidance was originally £9.5m but was lowered fairly quietly to £1.5m
Some still believe in the Bidstack board when hey presto, the board work with their broker to quietly (again) lower guidance for 2021 from £9.5m to £4m with no RNS or formal announcement?
And a number of you still believe and trust in the Bidstack board.
Unbelievable. Seriously, once a board has misled the shareholders once they should be viewed carefully. Let alone multiple times.
Oh dear Roley Polly and Gridzy don’t like being wrong do they? Must defend position and keep trashing the company boo hoo
Hahahahaha helx 2 fudged up the numbers now results to trying to dig people out
You gotta laugh
Too much waffle on here. The numbers below and in the interim report show that they’re fine for 21 & 22.
On Monday go buy a ticket and have a bit of patience.
Now I’ll revert back to type.
Poor Gridzy and Helx 1 can’t leave ole bids alone even on a Saturday evening how sad. Try reading and understanding ‘the financials’ as the latter would say.
Oh, and also Helx2 you cannot add £4m (the guidance for full year) to 1H revenues of £820k.
A little faux pas of double counting.
You can have £4m as that is guidance but O gather the company is around £1.5m entering October so £4m looking a stretch now.
10.8m raised
695k h1 revenue
4m+ (target by 21-YE)
Say £15m of cash total
“10.8m raised
695k h1 revenue
4m+ (target by 21-YE)
Say £15m of cash total”
What a clown you are helx 2.
Don’t even realise the revenues are gross and publishers etc need to be paid.
Helx2 - Your calculations are simply rubbish. You clearly have no clue as to how this company works.
Let's just point out a couple of facts that you are conveniently disregarding or maybe simply you are a fool.
1- There was £695k at end June
2- They raised £10.8m on 23rd July
3- Costs of said raise were at least 5% to the two brokers behind the raise - That is £542k gone straight away
4- Other raise costs would likely be at least £200k - legal, accounting, documents etc.,
5- Loss in July was around £600k
6- Bids gave a commitment to lower monthly outgoings so let's suggest a loss as follows:- August £550k, September £525k and October £500k - so another £1.575m gone
7- The raise had an agreed amount of around £3.3m minimum that qualified for EIS and MUST be utilised on building out a new platform to ensure the EIS qualifies for the VS/PE investors - The total spend on this new platform is close to £5m - so that is another £5m gone from day to day running of the business.
My understanding is the business currently expects around £3.6m of cash to be available to continue building the IGA side of the business going into November.
Thats what they are saying but can they deliver is the most important. How long can you stay solvent when you are not making a profit?
They have a lot positives, that why I am doing more research on this company. The biggest challenge for this company now is reach breakeven point so that they don't have to get their begging bowl out again.
The Company continues to expect to deliver revenues for the year in line with market expectations. In addition, the Board has been focussed on improving gross margin and controlling the Group's total operational costs going forward, as it starts to rebalance capital deployed to reflect the shift from product development to commercialisation."
Following completion of the fundraise on 23 July 2021, with approximately £10.2 million of net proceeds, Bidstack is now well capitalised to exploit the commercial opportunities it currently has and to pursue its strategy for some time to come.
It's quite clear . £10.2 net.
Hahahaa so quick to shoot down positives aren’t ya?
10.8m raised
695k h1 revenue
4m+ (target by 21-YE)
Say £15m of cash total
21-YE cost of sales: 1.4m
21-YE admin expenses: 7m
8.4m total
= £6.6m cash in bank for 2022.
Actually 10.8mil raised, but that’s gross and before fees.
Only £10mil in to bids bank account t