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Art are you still invested here?
Funnily enough most of the new restaurants in the last week have been in London - the place where a pub/restaurant ban is most likely to be imposed first.
NT to buy but yes you can sell
Absolute bunkum.
27.76% down today and sells going through at 0.0622p. No point in buying as this could go on for months and the only people selling will be worried about it going down a lot further or of losing their money altogether.
I repeat sells going through at 0.0622p.
saying that a lot more restaurants may well sign up to bigdish to try and get customers in the door offering good discounts! I'll be interested to see where the bottom is here
Leeds +2, London +3
+5 for the day.
Total location count: 127, Total restaurant count: 625
No point, numbers on an app is not the same as numbers in the bank account!
Shareholders have got two options of hope here, a cheap take over, or a half price fundraise.
+5 so far today. Will do a detailed count later
Anyone know if the Wolf chain, I think 4-6 sites is coming back on?
Regarding the Dartmouth location.
The Cherubb Inn was live a few weeks ago and had now come back on.
*sells
Who seeks at this levels for losses?
Well said spero, I seen how quickly this went up from 1.20p to 4.5p in a month, going to do more than that when coronavirus has gone!!
+1 Bournemouth, Bristol, Coventry
+5 london
New locations: Wirral, Dartmouth (+1)
+10 for the day
Total location count: 127
Total restaurant count: 620
remember to separate the opinions of traders from investors. CV19 will end for this season when the weather gets warmer, then people will be glad to get out and socialise. In the meantime, if the government announce cafes/pub/restaurants are to close, then this could well plummet, but the recovery will be spectacular. I remain confident in the Dish story and business model.
1p reached a bit earlier than expected. Little point in buying as this is just kept alive by the lack of action of the UK at the moment. Sensible action is being taken in countries with far fewer cases than the UK in terms of closing schools and banning gatherings including pubs and restaurants.
Restaurant Group is down 35% so far today. Pub and restaurant ban in New York and Los Angeles. Afraid the British government seem intent on sleeping through this. Crisis, what crisis. 6 of the 10 new cases in China today have come in from abroad - 4 from Spain and 2 from the UK.
It is time for a lockdown in the UK.
+9 already this am
Couldn't have said it better myself, Late
On the other hand signing up might increase. The restaurant sector is in, and approaching hard time’s so signing up to BigDish with the bonus of free adverting seems like a life saver.
Plus with everyone cooped up inside over the next few months, when given the green light to get back to a normal routine EVERYONE will be out dining.
Now is the time to increase signups. If the team fall Ill they can still call from home. The argument could even be made that an outbreak like CV19 couldn’t have come at a better time for BigDish. If I owned a restaurant I would surely be signing up right now, 100%!
Things will get a lot worse here before they get better. UK is in the top 10 of countries for cases and deaths.
A ban on the opening of bars and restaurants is now in force in Italy, Belgium, France and Spain. It probably won't be long before that happens here. If/when it does there won't be any restaurants signing-up because there won't be any open. The share price will probably fall to 1p or lower.
The good news is that the more measures that are put in force to stop the spread the sooner this will all be over. China has been severe and now less than 3 months since the first reports of a strange new deadly virus the new cases and deaths have fallen to next to none.
It now all depends on whether the UK bans all bars and restaurants from opening. Expect new signings to continue for now but at a subdued rate.
Warren Buffet: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
So frustrating not to be able to buy any more right now (can't add funds to my ISA until Apr 6th).
-2 Bristol
+1 Cambridge, Cardiff
+6 London
New location: High Wycombe +1
+7 for the day
Total location count: 126
Total restaurant count: 610
There another new location, Wimborne, but it has no restaurants in it yet.
Numbers for today Spero?
I noticed London +3 but didn't have time check any other locations
Just trying to look forward past this coronavirus and to some positivity...
Based on 150 new restuaruants per month, we could possibly be hitting 2000 restuaruants by end of year.
+1 Southampton, Nottingham, Middlesbrough
+2 Glasgow, Birmingham
+7 for the day
Total location count: 124
Total restaurant count: 603 !!
Monty - I use the website to count, so no problem with the app changes.
Very horrible times people, and we're obviously in for a incredibly hard few months. As Triendfriend says the factorys we deal with also in China are working on at least 70% now, so maybe not as bleak as it seems.
Personally I think when at the other side of this dish will take off bigger than we ever imagined, in all honesty I don't have any interest in making money out of this situation but I'll remain holding as I always liked the idea here anyway.
But the main thing is stay safe and look after your old people!
Good luck and good health people