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To those questioning revenue - Most companies do not see profits/revenue for awhile. New businesses can take awhile possibly 3 yrs plus before seeing anything. I've been following this for awhile now....and it's the same people with their own agendas who blurt the same old or newer lemmings that follow their ideas (with no true understanding or researching the business on what it has achieved so far and what will be).
By the way about coronavirus.....and those who think no one will want to use the app, how are you still living life?? Fact is people have to go to work, go shopping, handle money from person to person, fill petrol in their cars, use public transport etc.... the government is not going to pay for your ass to sit at home confined in your room. Look at the regular Sainsbury's, wetherspoons or MacDonalds still busy as ever despite what you see on the news.
Ive used bigdish quite alot since more restaurants have come on and the concept is good which is why I'm still invested. I've been to the same restaurant about three times now and they've mentioned people are starting to use the app more frequently (which shows it works). For now it will be word of mouth, but once the numbers build up on the restaurant front it will be marketed nation wide - better for consumers to use it frequently with more choices. Despite the news people will go to the restaurants on the app....people will still want to go out and live life. This will go a long way....good luck all.
I suspect lazy has a small gun and not sure what to do with it.
Consumer expenditure on restaurants and cafes reached close to 88 billion British pounds in 2017. The number of enterprises has been steadily increasing year on year, contributing 17.9 billion British pounds to the non-financial business economy in 2016.
Eating out is one of the most popular leisure time activities in the UK and BigDish is set to be a major tool in connecting diners with restaurants.
A small piece of the pie will do to start with sit back relax and watch this acorn grow.
Big bounce in the US..
Wrong again Lazy
Utter tripe. U have absolutely no clue what you’re on about
Wrong Lazy every restaurant in the uk it would be worth billions
With just 5% of all uk restaurants BigDish will be worth hundreds of millions
Fundraise in Q3 2021 is when the revenue starts piling in
2 reviews does not equate to the large scale customer numbers needed to provide the revenue to support the business..
Are dish charging restaurants to be included in their directory? If they aren’t, think they are missing a revenue stream there...
Thanks for your message Lazygun...
customers are using the app, and they appreciate the savings. Here's a couple of recent reviews from the apple app store to show you what i mean.
Can’t believe this is free. Excellent app, helping me save money and try new places I wouldn’t normally go to in bristol. Super easy to use, book, and dine. Great idea and have got everyone I know in Bristol addicted to it! Wouldn’t ever dine out again without it, probably 2 times a week. Great you choose your times and discounts, very unique.
Also another one here....
Been to some fantastic restaurants in the Manchester area, would definitely recommend downloading the app, has some mint offers and it’s great for trying out new restaurants. I tend to eat out a couple of times a week so it’s ideal for someone like myself and all for a great price!
So this can only catch on from here....especially with more restaurants and restaurant groups being added daily!
I think if you do a bit more research you may find that the market has got the stock completely undervalued atm....and it's a big buy for me....soon have a choice of 700+ restaurants and that actually gives BD a valuation of circa 15p....
atb, wdik, dyor,
Lol, the revenue drum is what it’s all about.
They could sign up every restaurant in the UK, and it would mean jack sht if they can’t demonstrate significant customer numbers booking through their app.
Haha. The facts are they have a small database of restaurants, and an online smartphone booking app. No indication of customer revenues. Defo not worth £10 million...
17.5% up earlier and now 5.26% down. A few posters here need to look at the facts and accept what is going on.
You’re right Daz, this board seems to have become full of derampers over the last few days.
looks like there is a sell order in background as with the amount of buys strange its NT to sell
Appears some are trying so desperately to stop our SP rising ........ Have to ask yourself why ?
A Coronavirus, one of the family of viruses which caused the SARS (Serious Acute Respiratory Syndrome) outbreak in 2002-2003 across the world, though it is less severe than SARS. The virus is now called COVID-19. As a family of viruses, these viruses are fairly common, and can range from mild to very severe in effect.
Typical symptoms of coronavirus include fever and a cough that may progress to a severe pneumonia causing shortness of breath and breathing difficulties. Most people who get Coronavirus will have mild to moderate illness, a bit like ‘flu.
Generally, coronavirus can cause more severe symptoms in people with weakened immune systems, older people, and those with long term conditions like diabetes, cancer and chronic lung disease. The death rate is low, typically at present around 2%, which is a little above the death rate for ‘flu. But it has understandably caused concern because of the lack of information and because of myth.
Some of the most important things people can do would be to restate the facts accurately, reassure, counter prejudice against Chinese and other communities.
There has been a great deal of anxiety raised and it is important to quell this. While for some people the disease is mild, for a small number of people especially those who are older or vulnerable because of pre-existing diseases like cancer, diabetes or heart disease or lung disease, it can become serious.
A key issue is to reassure people, and dine out as usual.
No-one will go out to eat if there is a risk of catching this virus. People won't self-isolate or work from home and then go out to diner. It equally may just blow over but that will take a while to and I would expect restaurant sign-ups to dip in the meantime.
later in week if UK goes into lock down you may want to review your last comment.
It's all about bums on seats - so if people go out less, and eating out will be the first to suffer, then revenues will drop like a stone.
Coronavirus rates will increase - it's a when not if
Bottom continuing to show a clear lack of intelligence, let alone understanding of this particular company / share. Continuing to beat the Revenue drum. Already demonstrated that he / she is unable to think for themselves, reacts to buy signals / sell signals for a certain website. Just one thought ......... UK population 66 / 67million, confirmed cases of this form of Flu being labelled ‘Coronavirus’ in the Uk at present is 36. Really don’t see this effecting restaurant ‘bums in seats’ too much, do you ? Really !
Yes, if they can survive in the mean time while fears of footfall numbers will drop. Its alright having a long term blue sky view, but Monty doesn`t seem to understand the here and now.
You can`t pay wages and costs with long term hope of a takeover!
Bottomzup still has no idea about early stage tech investing...It's not revenues, but reaching critical mass of number of restaurants which at this stage is important for potential acquirers of the business
WOW increased demand because of bad news!!!!!!
Yes, it means nobody is going to their restaurants, so if thats the case, Dish are pulling in even lower revenues, running out of cash sooner, and need to get a fund raise away in a more desperate situation. The people with the funds will know this, and will be looking for a very good deal ie low price!
Still no mention of the elephant in the room...bums on seats!
Nothing new that wasn`t already known.
From the RNS today "The Manchester team achieved a notable milestone in the fourth week of February. As news coverage of the coronavirus intensified the Company saw an increase in demand for its services from restaurants. This resulted in a record week where 58 restaurants were added. As the team increases in size, the Company expects the pace of restaurant growth to continue." WOW increased demand because of bad news!!!!!!
The 24 hours News Industry loves to dramatize and sensationalize. It is heavily edited and concentrates on one or two issues at home and abroad, and nine times out of ten, it is bad news they want to tell us about.
Because it is more entertaining for us poor 'criters', who live predictable and boring lives.....BUT it can also induce panic unnecessarily in the general public and the small investor.
Then, there is the Market and the market makers, who will not miss out on any opportunity for a sharp correction and panic people to part with their shares cheaply, whether that is an individual share or the general Indices. The correction is often overdone and things stabilize again.
It seems to me that BigDish is a Special Situation that, even before the recent markdowns, is undervalued, let alone what its value could be by the end of the year.
Keep a sense of perspective and see the potential here for a multi-bagger at this low level of share price. GLA!
The good and ordinary part of life is not entertaining enough.