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Dish is in position to be picky it needs volume and fast, someone construct an email to AB and politely ask him to give everyone a kick up the backside!
I would email but others I’m sure will express themselves better than I would
Monty when are these big chains coming on board to save the day?
Stix, we all know this and we all know it's a non event in many cases.
There so busy, busy busy they don’t have time to sign restaurants!
Absolutely bonkers!
Does anybody know what the 3 London TMs do apart from getting paid???
3 TMs we should seeing new sites daily, what’s going on?!?!
Maybe the below
An annual general meeting (AGM) is a mandatory yearly gathering of a company's interested shareholders. At an AGM, the directors of the company present an annual report containing information for shareholders about the company's performance and strategy
Monty the tweet last wk, a new restaurant partnership website any Ideas?
Nickel, why would directors buy more shares when they already are stuffed to rafters with shares in Bigdish? Please explain
Why is everyone so damn interested in a bl***dy AGM...why ...I want seriously to know...generally in majority of companies it's a non event...u know there is no reason except trying to be difficult and point fingers...come on guys...stop being finicky
Directors need to put their hands in their pockets and buy a very, very large amount here. Little confidence in this out there, will go lower if real sales growth doesn't emerge soon. GLA
any news on AGM that would normally be an RNS surely .
Hi Ronald good try but I think your theory is wrong the problem with the territory managers is simply the turnover and getting the right people in place that's all it is
Interims have to be out before the end of December so they will include the cash position as of 30th September 2019. That is the only way to see what is going on with the cash spend.
If they are unable to raise further funds until Q3 next year as Aidans reply
Maybe the rollout has been stalled as they wouldn't be able to fund 10 territory managers until then at the rate they squander cash on admin expenses.
Even if they had 3million in the bank the shares should still have a value sub 1p however it is highly unlikely they have a million in the bank so need to keep the wage bill to a minimum until Q3 next year when they can go cap in hand back to the market
Imo
He meant 0.42P
42p ???
how do get a pump and dump that doesn't help the shareprice?
pump = rise
dump = fall
pump just beginning.
Looks like Doc Holliday and co are organising a quick pump and dump here. I doubt it will do the share price much good as the problems are deeper than funding.
The main problem with holding shares here is that everything is done in an unorthodox way that doesn't give much room for trust. On the day of the placing (6th June) they issued an RNS which included:
"Further to the announcement on 30 May 2019 (plans for the nationwide rollout plus that they were fully funded for this) BigDish was approached by an institution to provide an offer of significant expansion capital. Whilst already being funded to execute its current strategy, the Company felt that this additional capital could further accelerate BigDish's growth beyond this."
However the Annual Report when it came out later said that Big Dish only had £43,000 in the kitty at the end of March 2019 - which was 2 months earlier. Which one was the truth?
Also we have no idea how many shares Bishop, Boer and Pere are holding. Nothing has been said since the IPO prospectus when they had something like 120 million to 160 million shares between them. We don't know if they have sold any. And what will it do for the share price if they do start selling them.
Also who did the placing shares go to? Shareholders should have been told. And was the placing done through SVS Securities who have since gone bust?
Too many important details are passed by or just ignored.
As for Sanj his podcasts are now becoming a joke. Even the interviewer has to ask the same questions each time and never gets a straight answer. He seems happy to make it up as he goes along and seldom tells the truth and everything is going to happen today or tomorrow and yet never does. What the f*ck is going on. He is really useless and always was. However if Aidan sacks him as he should it will be even worse for the company and the shareholders.
The share price isn't down over any funding questions. Obviously they have enough cash to last until around next summer. They also have a very mysterious 10 million Treasury shares which they can sell for extra funds if they need to - though they never said where these shares came from. Funding isn't a worry.
The worry is the rate of sign-ups. 1 added in Birmingham each week for the last 2 weeks. Imagine if they start adding only 2 or 3 per week in London.
And Sanj is the big problem. He has been on board for a year now and CEO for 9 months and yet progress has always been very slow. He has made some awful decisions - like sending the T1 and T2 managers round to account manage instead of letting them keep signing up new restaurants, and his management of the nationwide rollout has been dire. He says there are 8 TM's on the payroll - plus another starting tomorrow as there always is - and yet there have only been about 18 new restaurants signed in the last 3 weeks.
However, if Aidan gets rid of Sanj then things will be even worse as he is the only person who has done anything at all here for the last few months and the other directors including Aidan appear to have completely lost interest altogether.
Yawn.
http://mobile.twitter.com/DDS_DocHoliday/status/1185258329620275200