The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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It would appear I have mis-understood the figures which you are referring to, my apologies!
As you were gentlemen.
It might well have been rounded, idk for sure but the accounts said £30k as a decimal in millions so could be mistaken for £300k at a glance, thought it best to correct that.
Fursake think it was £26k or so rounded up!
Sorry to be the bearer of bad news but it wasn’t £300k I’d test spend... it was £30k...
We haven't got a clue what is coming in currently...if anything. This is why this update is so critical for us all. I have had shares in several companies over the years whose Ceo's have promised the earth and then fallen very short. The one thing they've all had in common is that none of them are around anymore unfortunately. I'm sure you see my concerns.
Helx. If you recall the 300k earnings was from a quick test so I'd think once the taps get opened up the revenues will/are be rolling in.
I would think you are probably way off too...but say you are spot on. At 300grand a month outgoings,they will need to get some real money coming in for 2020/21,if they are to be taken seriously by investors (not pi's). Dentsu are obviously confident with bidstack,as we know...but they need more companies like dentsu to be impressed with their skills. I hope JD and the crew are getting some big names on board as we all wait for his big winter break announcement. Maybe then we will see the 20s again one day.
Now somebody has done this a lot more scientifically helx in the past , and someone will again today however 50 people approx 5 grand a month(a good number are in Riga) that's 250,000 2/3 properties? 10,000 a month other "stuff" 40,000 a month. That's 300,000. Now I'm probably way off I will be told but that tells me they have plenty of money. Thoughts?
You can't see bids overheads being that much thechancers???? Blimey riley....do you have any idea what it costs to pay a workforce of that number? They need vast revenue and contracts to go forward.
Regarding a comment below about bids running out of money, bids are now generating revenue and I cannot see bids overheads been that much and money coming in should be a lot more than the overheads. Listening to the podcast makes me realise why I am a long term investor, we are just at the start of the journey and we still to tap into the Asian market and James did say that he has been over in Asia having meetings. 2020 will be a good year .
Mlf51
Yes he definitely did change his mind and is back in - am just highlighting the flip flopping as nothing has fundamentally changed company wise from his previous position. Not saying anything wrong with this just understand he's a trader, another thoroughbred from the vox stable! The ramp money is back in so fully expect share price to rise next week - that's all.
amirichyet
If Alan Green did sell he changed his mind and bought back in as he mentions that he is a shareholder and awaiting news also that 2020 would be a seminal year for bidstack. GLA
JW got out of Bigdish and told everyone why well before the slump - fingers burned I can believe it but its plain to see its a shile of pite
Thanks Tami. Well worth a listen. I remain happy to sit tight and keep waiting and let the guys do their bit. Potential is huge and outweighs the radio silence.
Since AG Podcast is positive, is dated today, and AG states he is still invested I can only assume someone wants the price lower.
I agree, under promise, over deliver. Silence would have been worse that what we have now at least we have something to explain the absence of news. Trading update January, then drop it on 20th December would have been optimal.
Thx Tami, well worth a listen a listen, even for the experts. Bids opening up a new avenue for billions of dollars of advertising spend...
Alan Green not too long ago in a podcast said he sold his stake in bids! At least it looks like there's a concerted effort from a few fronts to do a mini pump and flip fomo next week.
Thanks Hivedoff.
I've listened to it helx to save you the bother, it says nothing you or anyone else on this board doesn't know already...
Helx you said you was putting these on the bottom drawer and coming back in a couple of years.
Why don’t you take a break from the BB. You just seem angry all the time and don’t simmer. Can’t be good for your health
Thanks for this. A very reasonable and positive podcast. The Dentsu link was expressed by James as a their most important bit of news. We await the next bits of news.
Can't be bothered to listen to it......is it positive?
.or realistic?
On todays Vox Markets podcast (not hosted by JW this time!), Alan Green talks about Bidstack (from 38:55 in).
https://twitter.com/Alan__Green/status/1205499259874955264?s=20