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‘Savvy investors will hang in there, confident of big returns in due course’ Fool. Savvy investors left along time ago. Only fools remain to watch their money disappear and brain dead idiots buy more on the illusion of cheap share opportunities.
I was also in from just after IPO, and now got little faith left in this business.
The 8m mcap just doesn't stack up when you look at the current facts...
- the tech is a pretty basic user app and merchant app, there is nothing that couldn't be built quickly and cheaply, there's no real IP or value to it - there's no income stream to speak of - theres no data to sell - the brand has little to no value at present - there's no evidence restaurants are buying into it - it's hard to call it anything but a failing business right now, the only plus side is the money in the bank
In the past I believed the roadmap that was being laid out and the bluster from the management. The early signs were good in Bristol, Sounthampton etc. Sanj seemed to be the dream ticket. But I just cant see them turning it round from here. Something seems rotten about the execution and management.
I dont know enough about AB to say whether hes the right person to lead a root and branch review, but he seems to have his fingers in other pies too like Bluebird mining and a chocolate company.
Just my honest thoughts, may seem harsh but I am seriously disillusioned about Dish. AGM in Jersey on a saturday is the icing on the cake!
Fastlane12, I'm not what you say I am..I was in right from the start but progress has undoubtedly been slower than everyone predicted so I can't be blamed for closing my position till I get clarity..that is also sensible investing...even AB stated that he was disappointed in that reply to someone's email which was posted here and then deleted....if I see signs that action will be taken to remedy this problem then I will be back in..in investment it is wrong to fall in love with a share come what may...you are entitled to your method of investing and I wish you luck..I'm entitled to mine and I won't resort to slandering you as you have to me
Calls of “its early days” “give them a chance” “hypergrowth” “curved balls” Whet nonsense. They have been going for 14 months and going backwards. Over promising and under delivering. Latest distraction is more excuses for how crap they are and an attempt to get the London market stitched up, but they are well behind the curve with their competitor discoeat well ahead. Yesterday’s bounce was a technical one only and a bunch of traders leaping in. Pointing to other internet sensations and saying “look at that big thing over there, it could be bigdish” is just pure fantasy and speculation. Bigdish? More bigpi5h. Big avoid.
monty2665 you are just another pump and dump merchant who does not have the strength of his/her convictions. IN...OUT;....BULLISH....BEARISH;.....BUY MORE.....SELL THE LOT. Trying to make a quick buck and being so indecisive and frit will not make big gains. Investing in this young company needs a calm and patient attitude and staying put till the company has had a fair period of time to roll out its offer across the country and the local population can be made aware of this new facility of getting significant discounts at their local restaurants, using the BigDish App. It is still very early days and I think they have made good progress for starters. They have just made a new senior appointment to accelerate marketing. It would be a great pity if you missed out on the next big rise in the share price that is just around the corner. Savvy investors will hang in there, confident of big returns in due course, notwithstanding any curved ball that might take the Market by surprise and send BigDish into "hypergrowth" and the share price with it!
I was kidding...no, I could read the signals like everyone else and I took a gamble and sold...all along i said my feeling was for 20 to 25 and so when i got the impression that people's expectations were higher I decided to sell...others were selling too
Nice to see the sp recover from the days low. Yes another share that is 50%down. I have 4 of those now! I took a £300 punt st 9p for a quick in out for the tech partnership that never came. Been catching a falling knife ever since. My average is now 4.3p with £4K invested. If we get some chains onboard and more in London then sentiment will return
js dont beat yourself up , when it rallied up to 9 p all was looking good , brand ambassadors , new locations , tech tie ups etc etc , if london had launched at that time with good numbers looked like 10-15 p was coming soon . now you look back and think jeez , if we were all experts and bought and sold at the correct time , we would all have Bentleys on the drive . as we all have said , this just needs some house hold name chains onboard, and decent marketing .
If it makes you feel any better JSmith, Buffett never once bought at the lowest SP or ever sold at the highest SP of any of his investments. Hindsight is a wonderful thing. Can’t imagine many long term holders are in the green right now. However it is not game over! There is progress, it’s just not the high hoped progress we were waiting for. Let’s see how q4 plays out
Mill that will be about the time new shares to the "American Family" lol were issued and probably forward sold imo to raise what later proved desperately needed funds in order for the company to survive for the foreseeable future as the ipo money had been spunked.