Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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So those revs split between bids and game owner do you realise what percentage of that bids get ? There admin costs are out of control. Revenue growth ain't enough the margin isn't enough to cover increase in costs hence why own broker not showing profits this year or next.
Bridging loans etc.. are fantasy in this market look at 4D pharma u don't wanna be taking on debt right now. A dilutive fundraise is the way and hence the board sought approval for such a fundraise at the AGM. No doubt on my mind and in this market you can expect a decent discount and/or a boat load of warrants with any fundraise to entice buyers with the kind of money bids need. It won't be pretty for owners. Potential is good, rev growth is good but right now in this market especially short term there is pain here coming.
Long term holders all underwater and desperate to get back breakeven to slice or sell so will say anything an overlook negatives to get others in. I don't buy it all the ramping seen an heard it all before. Cash is king and more time goes on more desperate, bids get for it.
Ah - needed to add in the cos from the increased revenues - less circa 5m from the cash figure at the end… but point is, the tanker is turning towards profitability. 2023 should see the profit & end of any further raises.
Two key things were clarified in that video:
1. £9m azerion contract revenue will be received for 2022.
2. The $30m azerion revenue is post azerion fees - ie is only split between BIDS and the game owner.
Re cash, they had £7.1m in the bank at the start of 22. if based on 2021 figures (& averaged across a year) they’re burning £6.2m after taking in £2.3m in revenue then after let’s say £11.3m revenue & providing costs are the same they would technically have £9.9m in the bank by the end of the year. The following year £25m is projected.
Small cash buffer may be needed to cover middle months of 2022 as revenues are still H2 weighted. With this amount of revenue they will be able to get a private loan for 10-20% payable over 2-3 years. Would be better than James diluting his own 30m+ holding and would incentivise existing holders to further pile in. They are very much on the up - much better place to be than 3+ years ago which I guess is where a lot of the bitterness / jealousy comes from. Can still make amends if you open your eyes - Don’t miss this boat.
Helx2.....you'd believe anything.
Let's see what is actually delivered.
Listen to the CEO ?? Funny :)
People have been listening to him for years and almost every one of them has been diluted to oblivion. If you're listening to him then listen when he says there will be funding required this year. Listen to him when he doubles his salary for no good reason or sells his shares then refuses to take part in further fundraises down the line. You can't just Listen to the bits u like number 2.
You can talk about revenue growth all u like but with costs going up in toe and own broker showing there are no projected profits here this year or next that's the bottom line. Will it be one big fundraise or will he do half this year and half next? Company need about 10m to keep the lights on to profitability but with costs increasing an presume bids will want to spend even more on marketing etc then they'll want between 10 & 20m. Would be foolish for Draper to try raise that in this market but then again does he care? He has his 300k+ in the bag and has reduced his holding
The recent draper interview really is a great listen. £9m confirmed revenue this year from the azerion deal - none of which goes back to azerion. Following year will see the remainder of the $30m contract. Very interesting that the revenue split with games is between 20% & 60%. EA is the publisher - although because of an NDA it can’t be officially announced. I’m guessing Madden is the game given he said it was North American based… A number of addition revenue streams coming online at the start of H2 2022.
Then, 2023 is set to see an enormous increase in revenues. No wonder someone bought 1.7m in two buys last week… Confidence is up - price won’t be at current lows for long. Of the 14 competitors BIDs are the only ones in the good books & licences to advertise for AAA publishers. BIDS will 10x from here over the next 1-2 years. Admix moving from games to metaverse but now worth $300m vs BIDS at circa $30m.
Too much good stuff going on - don’t listen to the morons / derampers deliberately being downbeat in this board to get you to sell, listen to the CEO of the company explaining where BIDS are and where they’re going.
Also don’t miss the sub-3p loading zone :D
Anyway.....farmers aside, i will be happy to have a friendly bet with you. I say these will be considerably closer to 1 pence than 10 pence come Christmas. Fancy taking me up on that Mr Gold...or Mr Hassard?
I think you're either a little confused.Com....or just looking for a reaction Mr Gold. I think farmers are incredibly important, as I'm sure you know really.
Why so much hate towards farmers?! Thanks god we have farmers to put food on our tables! Seriously...and some farmers do a wonderful job looking after the countryside so all these derogatory terms against farmers are irrelevant
I'm still saying 1's ......by mid September.
Mr Hassard will be proved correct. Bids have made big strides since December. Long term holders will be well rewarded imo.
I still hold me ol’mucker.
And, I would have proved it to that gutless keyboard warrior malaika/fingerlicking/web3 (you going to pick him up for fake accounts?) had he bothered to follow through when calling me out
Well said Shakey - not surprising the brain power doesn’t exist for Gridz to compute the difference between a fake account vs a parody account. Either way, he’s still posting about BIDS - a share he supposedly holds, which by virtue must mean he thinks it will do well in the long run.
GIrdz - as ever, never an answer always a snide dig...which is why I look in infrequently and post even less...listening to you, helx and your tiny group of FUD distributors is a waste of my time - same as me? I think not - but I'm sure that will not stop H1 from 4499 and you at 3096...GLALTH's
“what are you doing here...really”
Same as you by looks of it shakydog.
Aldebaran - what's weird is a person who has posted 48 times on Bids from 91 total in 30 days - and has no shares in the company? ( forgive me if I got that wrong -I'm sure you'll quickly correct me) Similarly strange are posters who continuously repeat ominous warnings about charity fund raisers and lack of shareholder value when every balanced professional analysis of the company clearly identifies the need to raise funds with implicit likelihood of dilution, and the high probability that Bids will not go into profit until 2024/25...Girdz, as for fake accounts...I think we should draw a distinction between parody and fake..the parody is a response to the fakes - the fakes are not authentic posters, attempting to create an atmosphere of uncertainly and negativity - dwelling on historical events - admittedly not all good - and ignoring any progress made by Bids and how the broader market is developing with commerical opportunities increasing. Guys, it's saturday lunchtime...I'm having a cuppa before going into the garden....what are you doing here...really?
“Helx2” calling out fake accounts.
Couldn’t make it up!! Lol
Haha I made an earlier post targeting 1% of the market - still would make bids worth £200m! Not too shabby! I think they’re well ahead here with the steps they’ve made to date. It’s also why there are a queue of non-holder / fake-holders continually posting here to influence the bids share price & keep the shares cheap so they can get in on the cheap. (Gridz / helx 1 / alderbore / roley / chancers etc).
There is literally no other reason people would constantly post on a share board in a negative fashion. Easy peasy to join the dots - keep on adding and patience will be rewarded. Happy weekend to all genuine holders.
Bottomz despite the chunky buys the price drops weird don't u think? All these posts about if we just get 1% of this or that and huge market is and can be copied and pasted from ANY OTHER SHARE. All the same. Potential don't pay the bills. Need shareholder value. Currently absolutely no guarantee this years revenue targets will be hit there certain hasn't been the level of ads we expect ok yes 2nd half weighted blah blah but we been ere before ant we and revenue targets were lowered. Difficult operating environment. Blah blah and even those lowered targets weren't hit. H1 is gonna be a car crash when results come out.
Company have specified they need funds. In this market that ain't gon be easy just look at 4D pharma! If this if that blah its all BS. Not just here but on every share investors are kidding themselves. Nobody is buying hype anymore cash is king. Past performance very poor here and valued at over 10x sales is not cheap hence I think big discount coming and in August. Time will tell.
Is now really the time to get involved? I think not. No no no
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What a pointless post bottomz.
If if if.
Can be said about absolutely any AIM.
If they did this, if they did that blah blah blah
And you say my posts should be ignored. Lol
Just 5%!!!!!!!!!!!!!!!!!!
Billion share company is all this pile of shyte will amount to. Mr Sunday is similar to Mr Hazzard.
Henry Sunday
@HenrySundayHere
If #bids Bidstack gets just 5% of the incremental growth between now and 2025.. just incremental! Then it is easily a billion quid company.
https://twitter.com/HenrySundayHere/status/1539992159805480963
The time is now to get involved.