Member Info for ART123

2 more now added today in Birmingham taking it up to 14.

This is exactly what we need to see. New locations plus restaurants being added to them week by week. There are lots and lots of locations and lots and lots of restaurants to get stuck into

Great. Newcastle added with 4 restaurants. No more restaurants in Birmingham or Leicester as yet.

This seems to be sticking to the location plans so Manchester, Edinburgh and London should appear soon. Progress seems to be falling well short in the restaurant numbers though with only 22 added so far in September from a target of 200.

Personally I am hoping to see some more restaurants added to both Birmingham and Leicester this week - so today or tomorrow.

I'm not sure what is happening in the other 8 territories where 10 TM's are supposed to be employed.

Meanwhile the big silence re updates continues.

Well the share price isn't going to go up until the company start signing up some restaurants pronto, stupid.

it isn't going to go up just because someone posts a rampy post, stupid.

It just shows how desperate people are getting here. 7 recommends for a post from someone who has posted 3 times in the last year and a few more times in 2017. Get a life.

It was actually 11th September that he posted for the first time in the whole of 2018 and then exactly the same date this year. How strange.

Also the share price spiked on the prospect of the nationwide roll-out and not over Reading, Brighton or the tech partnership. The share price was obviously going to drop back while the rollout was being implemented. No doubt it will also go much higher when a decent array of towns, cities and restaurants are added. The rollout has already started, albeit in smaller numbers than expected.

Well there is absolutely no point in selling at this low price - not unless you bought in 6 months or so ago when the SP was much lower. The previous low was 1.5p. Now the bottom seems to be 3p. Next time it might be 6p. There's also no point in selling now they are signing up restaurants again. As more territories come aboard the knock on effect will see the numbers increase, as will the share price.

It might not be hypergrowth but it's still going in the right direction. Okay we won't get to 20p/25p so quickly but we'll get there eventually.

I'm still hoping for more restaurants to be added to Leicester this week and also some more to be added to Birmingham or at least some more in that territory.

I think that most of us here are just getting used to the fact that we are probably not going to see 200 new restaurants added to the platform in September. That looks like just another falsehood. Nevermind most of us have had so many kickbacks in the last few months that one more won't do much harm.

I do feel a bit sorry for the LTH's who didn't take any profits during the last rise though. They need to learn not to overtrust the management of these tiny companies who will gladly talk the talk for their own benefit - ie. for their salaries - and not really give a **** about shareholders or even the share price.

My motto is that if I see a profit on a share then to take it, especially if it looks too good to be true, as this did when the SP was 6p, 7p, 8p and 9p. Share prices notoriously go up and down and most times when I profit-take the share price rapidly falls back and if it does continue to rise you can always buy back in.

ATB

It just shows how desperate people are getting here. 3 recommends for a post from someone who has posted 3 times in the last year and a few more times in 2017. Get a life.

It was actually 11th September that he posted for the first time in the whole of 2018 and then exactly the same date this year. How strange.

Well, I can tell you mate with certainty that no-one here wants to bring the share price down to buy any more shares because most, if not all of us here, have got quite enough already. We have been loading up for several months now.

I find it very strange that this particular share board has such an attraction to first-time posters and others who seldom/never post.

I see the latest "expert" InvesorTrev, with 13 posts to his name including today's, last posted on 24th September 2018. That was 3 posts on the HYR board, whoever they might be, and then there was another gap back to 23rd November 2017. It's the 11th September 2019 today by the way.

Just go back to sleep and keep your wisdom to yourself, please.

"September hypergrowth" - another carrot for the donkeys.

I'm not complaining - I like carrots!!!!!!!!!!!!!!

So it looks like Sanj's "200 restaurants to be added in September" that he said on the podcast on 1st August was just another blagg and false promise. Just another carrot for the donkeys. Just another Reading and Brighton the big hub and tech deal, etc, etc.

It is just as well we haven't heard a bloody word from him since.

At the moment it looks like he is just going from territory to territory training the TM's one at a time. I don't know where he lives. Maybe he lives in the Midlands and that is why he has done them first. It'll take a while to get them all up and running though.

Maybe 40 to be added in September. It depends whether Birmingham adds any more or is that their sole contribution for the month.

According to the Annual Report page 12 the UK is divided into 10 territories as follows:

T1 - South Wales and West (previously split into 2 territories - South West and South)
T2 - South East
T3 - London
T4 - West Midlands
T5 - East Midlands
T6 - Eastern
T7 - North West
T8 - Yorkshire
T9 - North East
T10 - Scotland and Northern Ireland

They will all have one territory manager except for T3 which will have 3.

In each territory the target is to have at least 200 partner restaurants that are independent restaurants. Once this is achieved the company expects to add restaurant groups, hotel restaurant groups and pub restaurant groups.

Maybe an official RNS announcement later or tomorrow will help the SP.

Well, it looks to me as if Sanj is going to be training one territory manager per week. T4 - West Midlands - Birmingham - last week. T5 - East Midlands - Leicester - this week. This may change - it is not fixed - though not much has speeded up in the BigDish universe since floating.

Not sure if the T4 TM can continue to sign in his area now or he/she might be under instruction to hold fire while the rest of the territories catch up.

Also if Sanj used his head he could train all 3 TM's in London in the same week as they are all working more or less the same area. That is providing this doesn't infringe union rules.

Okay, I agree. With 15,000 + restaurants in London there is room for BigDish to get their 600 independents - though that could be as many as 1800 with an equal spread of small chains and large chains - without clashing too much with Discoeat.

London will be big minus 91 restaurants - and BigDish were only targetting 600 altogether to begin with.

BigDish has tried this out before - coming around after another company and attempting to get the restaurants to join them instead. This is what they did in Manilla, Hong Kong and Jakarta where they followed Eatigo around. However, despite the porkies about how well the business was going, we can see from the Annual Reports of both 2017 and 2018 that this didn't work and despite signing a nominal amount of restaurants to their "competitor" platform, BigDish did not get the customers to use their site except in tiny numbers.

They will not be able to compete in London with Discoeat, especially with the poorer app/website, the 2-day booking window and the paltry 2 discount levels, which it turns out the restaurants don't think much of either.

Not to worry there are plenty of other towns and cities around the UK.

I quite agree with that quote by jsmith23 this morning:

"these are experienced salespeople why is Sanj holding their hands?"

It's been like that here for a while now. One thing going on at a time and that is whatever Sanj is doing. He was obviously in Birmingham with the TM last week and a few restaurants were added. He appears to be in Leicester this week.

What is wrong with T1 and T2 managers still adding restaurants in their territories as they are already trained. I can't understand it at all but one thing is certain - Sanj certainly likes to "hold their hands".