Member Info for ART123

I see that they have got the 0% discount deals available now. That looks exciting and is bound to bring in the punters. Never mind at least I suppose it guarantees that they will manage to get a table.

My app seems to have disappeared on my phone - not too sure where it's gone - so I have been on the Big Dish website instead and I see there are now just 60 restaurants listed.

Oops 650 to 60 - that's quite a fall. Will they ever be back? certainly not without taking a considerable time to ask/beg or even - as I seem to remember them saying in the last RNS - by offering the Big Dish service for free.

Looks like it's curtains here I'm afraid.

Tom's been good to me of late - though it was TomCo Energy rather than Tom Sumner.

I seem to remember BigDish floated at 4.5p. The SP even briefly reached 5p. It then went on a downwards spiral for the next 4/5 months all the way down to 1.5p.

It's a bit like that now I think. 650 restaurants prior to Covid-19 - now 10 or 20 if they are very lucky.

The only thing that hasn't changed is the lack of revenue. There was none before - what was it £11,000 revenue for 6 months trading - and there won't be any now as they are going to trial it for free.

By the way, Tanya7 is another beebopalula - she may even be the same poster. This board has been plagued by them since it floated - they get completely carried away with the potential but fail to see that Big Dish are failing on a day-to-day basis. Unfortunately, the Big Dish management - Aidan Bishop, Justin Boer, and our old friend Sanj - just don't cut the mustard. Being based in the Philippines doesn't help either, as was reflected by the clueless way restaurants were applied to the App before lockdown.

Even Tom's abilities are questionable. He had apparently built Table Now from 250 restaurants to 3000 in a few months but I monitored the Table Now App from the time he joined Big Dish and he left a total disaster behind. The whole App was closed for a month or so around Xmas and then when it re-opened instead to 3000 restaurants there were about 50 or 60. There were endless reviews on the site saying that the restaurants weren't giving the discounts and didn't know who Table Now were. They had basically never heard of them.

Glad I've been out of this since the end of February.

ATB

iI hope that this rises considerably as it is an early indicator of what is to come when some of the other sectors come out of lockdown.

I am watching companies in various sectors - pubs, restaurants, airlines, holidays, cinemas, cruises, etc, - that are all between 2 and 4 times down on their prices of January 1st this year. Purp is more than 3 times down and with no debt has plenty of recovery potential.

What this does now is very much going to be an indicator of what is to come with these other sectors as they come out of lockdown.

ATB

It's not the time to discuss the business model. This is coming from lockdown and no business at all to fully up and running with far less of the problems an office-based estate agency may face.

I'm surprised this share isn't a lot more popular with this website. Being an AIM share there is no stamp duty on trading and this has excellent potential to recover. Look at Ocado, in the same sort of position within the supermarket sector, and it has risen from £10 to £20 over the last month or so and is now at an all-time high.

Purp has never been below £1.00 except in the first few weeks of trading back in 2016 and while it is unlikely to go anywhere near the highs of £4/£5 it could very easily get back to £1.00 in the next few weeks.

A positive RNS from the BOD acknowledging they were reopening with some plans would have been nice though hopefully one is still on its way. Maybe they were taken by surprise and still have to finalise their plans.

Share price up today - so what. I certainly won't be buying back in here in a hurry. The Restaurant Group may have had a 100% rise since they were told to close but they are an established business.

Anything could go wrong here. Tom, for example, may find another job - then there isn't a telesales team.

Zero chance of Stock Market closures.

Big Dish could suspend trading - say if they are uncertain about the future of the business - but the chances are that if they did they would never probably never come out of suspension. Look at the way they closed down Big Dish Asia.

Rise in the share price today but to me anyone who is going to buy in here (and post about it) is a very short-term trader. It is far too early to see how the virus will affect Big Dish but with sign-ups down and restaurant numbers/revenue down by a huge amount the share price here will not be going anywhere in a hurry.

There is still talk of a possible forced closure of pubs and restaurants in London.

According to BBC figures, provided to them by Open Table, who should know what they are talking about and have no reason to be providing inaccurate figures, restaurant bookings in the UK are down by 82% compared to the same day last year.

The UK is faring better than some other countries - the USA is down by 84% and Germany, where there is still no lockdown, 90%. Countries with forced closures are obviously down by 100%.

Considering the website has been updated then it looks as if they might still be working in the office in Manila.

Solihull is another Poole - there are already 4 restaurants in Solihull that are shown under Birmingham.

More likely to be disruptions in Manila where stricter enforcements are in operation. Possible the tech team cannot get to work and working from home will be difficult.

Oops, the buy price is 0.098p but the sell price is still 0.07p - I make that an instant 30% loss!!!!!!!!!!!!!!

Well I certainly won't be buying back in in a hurry posting about what a bargain I've just got. This is going to take a while to sort itself out. Anything could happen both in the UK and the Philipines.

Funnily enough most of the new restaurants in the last week have been in London - the place where a pub/restaurant ban is most likely to be imposed first.

Absolute bunkum.

27.76% down today and sells going through at 0.0622p. No point in buying as this could go on for months and the only people selling will be worried about it going down a lot further or of losing their money altogether.

I repeat sells going through at 0.0622p.

Complete fudge by government. They haven't told pubs/restaurants to close but have told customers to stop using them. They are still open but with no customers.

"UK pubs demand clarity over closures
In the UK, a group representing the pub industry has warned that thousands of pubs and jobs could go if the government does not take "immediate and decisive" action.
On Monday, PM Boris Johnson advised people to stay away from pubs, clubs and theatres, but did not order businesses to close.
The British Beer and Pub Association says this is the worst possible compromise, as it leaves the industry facing an "existential crisis" as they will not be entitled to insurance payouts.
They say they want a "meaningful support package" - tax breaks, to keep them afloat."

Not helped by the fact that nothing is done honestly with this company. We still don't know who took the 10% of shares in the placing last year and whether they have still got them.

At some stage the dull British government will have to take some sensible action to stop the spread of this virus - schools, mass gatherings, pubs and restaurants, shops, lockdowns, public transport, borders, etc, etc.

Expect further falls when they do. Meanwhile, a sell has just gone through at 0.91p.

£1Million m/cap is 0.02875p
£2Million m/cap is 0.0575p

Watch this space!!!!!!!!!!!!!!!!!!

I always thought that the correct m/cap at IPO would have been between £1M and £2Million. Instead they floated at a m/cap of £12.825M - mainly thanks to the value put on the "highly successful Big Dish Asia" business. That has since been closed down without the shareholders even being informed.

Of course, I never thought that we would ever see a m/cap of between £1M and £2Million but I really do think that this is where this is now heading.

Restaurant Group down 43.59% so far today - and that is without any ban on mass gatherings or pubs or clubs or restaurants.