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Yes but even if people recommend restaurants, those restaurants will have ratings and the owners might be keen on using Dish, AB said mentioned in the past to send him any recommendations
Tanya On a serious level if each holder can recommend even a couple of restaurants to Dish its only helping your investment as well as Dish
Ronny is we get 20p next month drinks on the house for you!
What’s that a 1000% increase from 2p
BTW Tanya & Ronny these restaurant owners have you got your list of restaurants it’s end to AB & Tom once industry reopens Iv got a list of 10 London restaurants so far to recommend
Fingers crossed 106
Right place
Right time
Restaurants will need to embrace Yield management in order to survive.
BigDish will prove to be the restaurant saviour for thousands of businesses
For Dish the time is now, once a few of the larger chains are launched on the platform a buyout begins to look more and more likely.
Haha 20p might be a bit of a stretch! Would be marvellous if that did happen though??
In the meantime let’s get to 5p
GLA
Smithy
I am repeating what was mentioned to me by an owner of a few local restaurants
Regardless of whether he decides to charge a 10% premium for a limited availability table at peak times and offer a 10% 15% 25% discount at less appealing times it all falls under the same banner of
"YIELD MANAGMENT FOR THE RESTAURANT SECTOR"
He was adamant that in order to survive with reduced seating capacity he would certainly be increasing opening hours ( I can assure you he won't be the only one)
So how is he going to fill tables at 2oclock 3oclock 4oclock Answer = YIELD MANAGEMENT # BIGDISH
My opinion is that this will now be bought out a lot quicker than I previously envisaged and we will hit 20p in the coming weeks.
Spero it’s a gd suggestion, Tanya why was it dismissed Other booking app. Such as OpenTable allow booking with out discount
Dish are missing out on business and market share
I think BigDish would do well to add a 'book without discount' option, for use at peak times. Then *all* booking can be via the app, simplifying the whole seating-of-diners process for restaurant owners
Tanya you claim to have almost 6 million shares, average of 1.19p, that’s around a £50K stake
So you selling for a £50K gain@ 2.4p?
Ronny regards to the owners post he wants to offer a premium for dining in. Dish offer the opposite, discounted dine in seats, but yes they can assist for off peak times.
The only downside is not many Restaurant owners have heard of BigDish and are not aware of what the can offer, which is a shame as a dish is losing. On but imo they should make better use of marketing free Instagram, Facebook twitter and target restaurants
Just been sat having a chat with the owner of my local favourite restaurant.
He said himself when his restaurants open they will obviously have to operate at reduced capacity.
In order to compensate he said they will HAVE TO
Increase opening hours
May be charge a 10% premium for dining between 5 and 8 oclock
Offer discounts to encourage diners to eat at more unpopular times of the day.
I asked if he'd heard of BigDish as it sounded like he was describing BigDish to a T
He hadn't but needless to say when I showed him the app and described what they can offer he was very taken.
It's as if what's happened couldn't have come at a better time for BigDish as yield management looks set to take the restaurant sector by storm.
Watch this space this could quiet easily hit 20p in the coming weeks !!!
Ok so assuming July Restaurants begin to reopen and Telesales are back in the office
Assume average restaurant acquisition of.
1. +100 restaurants a month been added for 18 months, equals 1800 by end of December 2021
+ 600 current
= 2400 restaurants end of 2021
2. +150 restaurants a month been added for 18 months, equals 2700 by end of December 2021
+ 600 current
= 3300 restaurants end of 2021
Also bear in mind 7 telesales staff currently / 20 average working days = +7/8 restaurants average per day will equal 150
Conclusion by end of 2021, Dish should have between minimum 2400 - 3000+ restaurants
Also bear in mind this calculation is independent restaurants, maybe some with multiple sites but no large chains (100+ sites)
It’s a numbers game...
Thoughts?
Tanya 600 odd restaurant end of March, if no lockdown how did you get an extra 1000 restaurants, completely wrong and unrealistic as we been adding around 150-200 per month
Imo
6p for definite. Triple your money here within a few weeks. Lockdown is over.
trendfriend good to hear from you
Nice chart :)
Chart looks v good now
Dish - daily
http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=ExeM69sBHcpuA1xIzXBZLNP2OzHkmgFpYXd9wQ5CNfg%3D
following up form the chart i posted here a couple of weeks back.
1.98p is a key level....because it means a break above would be higher high....and that is technically significant as it means real strength is coming into this stock now imho...
above 1.98p opens 2.23p which is the 200 day ema line feature on the daily chart....and then a pivot resistance at around 2.4/2.50p area....
this does look strong and if the buying continues those levels could get taken out quickly imvho....so lets see..
i added some here to my existing holding recently and earlier today...
atb,as always please dyor,
trendfriend
Some more buying in last few minutes I see...shares about to break up thru 2p then blue sky.. strong buy