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JSmith & Monty thank you for confirming
Late, it was real..AB confirmed to me
*Thursday
I also received a similar reply on Friday from AB so real from my end...
Has the thought crossed anyone’s mind that Aidan never actually ‘replied’ to the apparent email as was posted on the BB because it was BS and never happened? Hence why the post was removed so suddenly. (Think it was DRAX that apparently emailed him and got the reply)
drax, your analysis is wrong imho...the model has been proven elsewhere as we've discussed time and time and time and time again..therefore with respect you are wrong to infer that the problem here is that the trade are not willing to embrace bigdish ..The problem and blame rests 100% with bigdish and their EXECUTION...something radical needs to be done by the founder to sort this execution problem..it is problem..so far I am not impressed with Sanj Naha..yes he has a good track record but I suppose that has been with big companies like Bookatable or TripAdvisor but not necessarily with start-ups..honestly, if AB decides to cut Sanj and replace him then so be it..who knows what will happen...all we know is that AB has a vested interest to make sure that this succeeds...I'll be watching with interest and will be buy if something changes
HOPE is all that's left here and for that reason I won't be investing I'm out
Peter Jones would laugh these clowns out of the Den
It seems that this may not be ABs main focus as hes involved with two other companies, so he has 3 chances to succeed and may not be as committed to this as we all imagined?
The most serious teething problem, as you call them. is their inability to sell this concept to the trade.
Clearly looking at numbers from the first fourteen months of trading the trade has no worthwhile interest in becoming part of the Bigdish family.
Which ever way you look at it you must conclude that no money can be made at the present rate of progress and no serious changes have been made to remedy the companies total inadequacy!!
I conclude that as it stands the company is bound to fail, no counter arguments can be presented to deny this inevitable and very costly conclusion.
Lets put your own reasons for posting aside and focus on BD.
We all know what has happened here over the last few months, i cannot say to anyone they were wrong for selling in fact it was the right thing to do, the stocks performance has proved that.
With regards to the current situation playing out the question is at this moment, if this now a irretrievable position?
i don't think it is by a long way, we know Aidan is not happy, shareholders are not happy, and i don't think Sanj is happy either......
Lets see if they get there finger out and do something about it?
In the next 4 weeks, i would like to see the number of restaurants doubled.....
I do honestly think the concept and fundamentals of a good business are in position, with the foundations in place this could look like nothing more than early teething problems in a few weeks imho.....
Lets see where we are around the 20th of November, everything may well look a lot different by then....
atb,
trendfriend
What a load of cobbles on Sunday Morning Mart....and a complete rant on Saturday night!
All of that for someone who doesn't even have a position in the stock!
Your entitled to your view but the reality of your post to me does come across as though your looking for your ideal entry here and your kicking yourself for not taking it on Friday morning at 2p. That was highly likely to be the low Mart....and you missed it....i hope this jumps up on the open on Monday....and leaves you posting even more desperate messages here...
The basis for a good business is in place imvho....its the implementation of the next phase which is challenging and taking more time than expected.....time to be patient and see....at least the next few months imho....
This is a disruptive concept to the industry, and there will be resistance to it....but restaurants will have little option but to embrace it in the end imho....
lets see....and good luck all whichever way you see this.
atb
trendfriend
martbmth, Sat 19:42, you said; 'Never heard of a listed company having an AGM on a Saturday in Jersey before.'
Not unsurprisingly, it appears Bluebird Merchant Ventures (LSE:BMV) have also held their two previous AGM on Jersey on a saturday as well.
I think BigDish should consider having some last minute restaurant discounts on Jersey on the app.
That'll be handy at any future AGM's on Jersey.
hey mart
shouldn't the agm result's be semt out via rns ?
Great summary badazz.
I see truly great things happening here. Its just a matter of patience like you say. Things take time. You either see it or you don't
Sensible post, it’s just the management set targets and expectation that they don’t meet and this agitates investors.
They must focus on the core, signing up restaurants, volume is key so this can be scaled
An SP of 9p with current shares in issue would value Bigdish at around £31 million. If you look at the value of some of the established companies in the food sector , deliveroo / justeat for example, their valuations are mind blowing. I am not for one minute comparing the scale of BigDish to those companies, but if Dish get this right the potential is huge, this is a hot sector to be in. This company is in its infancy stage. Some of the posts on the BB are utter nonsense, traders playing their game imo. Technically speaking this company has only pressed the button to start its objectives 6 weeks ago. In fact we still haven’t employed the full quota of TM’s yet. To expect large sign up numbers in just 6 weeks from the new TM’s is unrealistic. They will not have been facing customers for the entirety of that time, they would have needed training. These guys / gals need time to find their feet. It’s good to take an overall look of the business and its strategy / objectives and not judge the company on the current SP, which imo has found itself at these current low levels through traders and other holders expectations being far too high too soon, and selling because of the initial sign up numbers in London being below those expectations . We need to see progress but we need to be realistic and give this team some time. Bear in mind London has only just gone live. If holders think 16 sign ups will be all we can achieve in London I strongly believe they are sorely mistaken. Regular sign ups, some chains / groups coming on board and things will soon look a lot different !
js
that's what AB and Sanj have to work out .
possible , plenty of other shares have , have made comebacks , at least london is live , and having a high concentration of restaurants in a relative small area , im sure plenty can be signed up !
Thinking back to the high of 9p, IMO it rocketed to this level based on hype as national rollout expansion was announced.
From 2p even if we make progress again imo how can it possibly reach up there?
I doubt any holders are located near Jersey
if the share price was 8 p + i would of gone to AGM Jersey , but sadly not , should be in london , or an alternative q and a in london .
Anyone going?