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I think there is a mention of >10% change to revenue somewhere, which 4 restaurants won’t breach.
;)
Thanks Ap90. Of course AIM rules apply to AIM-listed companies which DISH isn't. But that's beside the point. Adding London was public knowledge.
People can chose to blame Sanj for market speculation on numbers and for using terms like "hyper growth" but truth is people got ahead of themselves. Brighton, B'ham, Leicester & Newcastle launch numbers were precedents should have set the tone.
Adding new locations, just like adding new restaurants, is operational news. It does not require RNS or RNSNON.
Excellent.
London on and . . . . woopeeeeee a massive 4!!!! Restaurants.
Was only 1 away then.
So now we have another great expectation turned failure out of the way . . . . anyone else selling up.
Note, 20% drop is not what should have happened. This should have been the last resort for DISH for many investors.
Nothing can pick this up now. It’s a one way ride to extinction. 1p by end of November.
Long day!
Again there’s a lack of delivering to expectations, that’s where the drop in SP is linked. As stated we are actually in a better position than yesterday, London on the map with more numbers and more to come including groups.
It’s just the lack of meeting expectations of statements declared in tweets & interviews!
And what makes it worse is that Sanj never humbles himself and admits openly that he hasn’t achieved what he has previously proposed. Instead he declares that he’s happy with the progress and switching things up again to look after the restaurants onboard. Seriously Sanj, get those TM’s back on the street bringing in more numbers! How much support do these restaurants need? In your first video on BigDish TV, Chianti manager Mosi clearly states that “the app is really easy to use and regulars are coming back more. I recommend it highly!”
The main issue really is to make BigDish more known to the public.
So sort out the advertising! And keep those TM’s bringing in the numbers.
Is there anyone going to the AGM? Would be nice if you could post a summary on here if you could.
exactly suffolk
any news that is share price affecting , should be sent out via RNS , not some tweet on face ache or twatter .
exactly , why does sanj keep saying manageable numbers , if the back office and systen is ready , load tbe system up with numbers , once the restaurant knows how to use app , otherwise why talk about self onboarding , have a great support team
for issues etc . they keep saying they are a tech outfit ! look at the app download numbers against merchant app downloads its a joke, people will download app and cannot find a restaurant nearby , and soon uninstall .
should of all sold at 9p
Monty, considering the launch of a new location is a milestone in the companies development and potentially a revenue generator (yeah I know), can you explain why you think it is not deserving of an RNS? Surely it is materially significant information and not every investor uses social media.
I'm very disappointed by this rather lame approach, it doesn't convey confidence to the investor or wider market. It is as if they are ashamed of the progress or lack of.
There's been too much bs so far and not enough action. If they are having difficulties then these should be discussed and dealt with at board level, mitigation strategies put in place and change of strategy. This should then be communicated to shareholders so that they are in the loop and can have a bit more confidence in the direction of the company.
Today is going to prove a turning point, either it will provide the boot up the arris and key 'leaders' will address issues or we will be in the brown stuff.
At some point in the next 6 months they will need to go back to the market and place new shares, if the market has no confidence then there will be significant dilution. It is in everyone's best interests to draw a line under the poor show to date, dust themselves down, roll up sleeves, ans get the show back on the road.
Ap90, u obviously have not been following these boards for v long..bigdish soon, and quite rightly so, came to the conclusion it is stupid every time to RNS a city launch
1p a share next week
Razel we no they need to add extra restaurants but num nuts is still barking on about selective restaurants and looking after the restaurants an board
If the shyte restaurants were interested they would still pay 50p a cover so why be selective no logic
It's all about numbers and they have failed again
When they had 49 in London to start with that they let slip to 0 they now present a grand total of 16 to the market after 6 weeks work for 3 TM's
Stop kidding yourself Frank Sinatra would be all over this
Why is 20% drop ott
"20% drop Is OTT"
c.£8m - for what?
Ok London wasn’t the biggest Launch but 20% drop Is OTT, it’s better than 0 restaurants.
Now need to deliver and continue to add extra restaurants as suggested. With that the share price should rise.