Member Info for ART123

I'll get that right.

It's 6 weeks to May from now - and that's just the beginning. It's 10 weeks till the end of May - but then I really think that most people in this country are quite looking forward to the end of May!!!!!

Just a joke - though I doubt if the rampers and blind faith believers on here will appreciate it.

Again just my opinion.

MAY.!!!!!!!!!

6 weeks to May from now - and that the beginning. 10 weeks till the end of May - but then I really think that most people in this country are quite looking forward to the end of

I keep being lured into this over the great prospects but the management are so, so disappointing. They haven't really got a clue.

And that includes the new guy, Sanj, who has been on board since 1st October and has managed to sign up about 48 restaurants in that time (Bristol, Bath and Southampton but not Bournemouth which all came from Table Pouncer). That's about 8 a month. I don't give a damn what he has done in the past it's all about what he has done since joining Big Dish and that amounts to not a lot. Dreadful effort.

There may be a few more added in Southampton, if Sanj can drag himself away from his podcasts to put in an honest few days work and the odd one or two added in Bristol, but apart from that there are now no plans to add any
more until May.

There's no way the share price will hold even at today's deflated level until May so I can only see a return to the December/January levels.

I'm just cross because I dumped most of these at 3.6p/3.7p but got lured back in believing that things were turning around and they were at last going to get a move on but now it's back to the same old story.

All just my opinion.

Actually the RNS is worse than I thought now I've reread it. That is in terms of restaurant signings and share price momentum.

"Further to the announcement on 28 February 2019, Southampton has now gone live, with new restaurants continuing to be added. The Company expects to expand into Territory Three in April or May, beginning with Brighton. Further towns that will form part of Territory Three will be identified in due course. BigDish is also considering expanding into Exeter in April or May as part of Territory Two."

Southampton has gone live with 7 restaurants which is extremely disappointing.

They only "expect" to start on Territory 3 in April or May so one can assume it'll probably be May rather than April otherwise why mention both. But with Territory 2 being such a disaster with only 7 new restaurants added why even think of going on to the next one.

And they are only "considering" expanding into Exeter in April or May. Once again consider that to be May, and that's only if they decide to bother. And as I pointed out earlier Exeter is the hub for Devon. Very nice for the summer and the tourist trade but there are far more sheep and empty moors in Devon than restaurants and diners. It's hardly a London or a Manchester.

No this company continues to disappoint at all levels. Despite what I posted yesterday in view of today's RNS I feel a return to 1.5p over the next month or two is quite likely.

Very poor.

All just my opinion.

But unfortunately, instead of waiting, I bought some back on the strength of Southampton going live only to be very disappointed and for the share price to fall back and then more yesterday and with today's very unexciting news I'm afraid the share price will most probably fall back again. Shame.

No I made it quite clear in an earlier post I sold them at circa 3.6p/3.7p. I thought that was quite lucky at the time as things were going so slowly.

It's meant to be 50% off the dining cost not 50% off the share price.!!!!!!!!!!!

Let the share price be the final decider about whether today's RNS was 'hot' or 'rot'.

It's down 0.93% so not a total disaster but certainly not very exciting. With nothing now to take the share price up until the next RNS, which probably won't be for another month, then there's nothing to look forward to here. Boring RNS and boring times ahead.

Hopefully Sanj can drag himself away from his podcast for a few days a month to get a few more restaurants signed up. I hate them to lose the impetus, however small and slow, and fall back to December and January's lackluster performance.

Unfortunately I got my timing wrong again. I bought more shares a while ago on the strength of Southampton going live in March and all we got was 2 bloody restaurants which has finally now reached a high of 7, Then I bought more yesterday and that doesn't look like it will be a wise decision in a week or so with this very poor RNS.

THE MANAGEMENT HERE TALK THE TALK BUT THEY ARE REALLY CHRONIC UNDERPERFORMERS.

All just my opinion.

'Building a launch pad for UK growth' is just the usual talk, talk, talk that Big Dish seem to be very good at. All talk and no action. I think we get more podcasts from them than restaurants signed up at the moment. I'm not sure who they even think they're talking too.

They've been floated and live for 8 months now and all they've done is talk about what they're going to do. They acquired Table Pouncer last August which had an average of 110 restaurants live on a good day. Now 8 months later there are 96 restaurants live on Big Dish. That's a net loss of 14 and absolutely no growth at all. No wonder the share price is nearly 50% down on the IPO starting price.

All just my opinion.

I can't see the share price moving up on this poor news so it looks like it'll be stuck around the 2.5p level for another month or two.

Maybe the management have failed to realise that summer which is the peak eating out time in this country is just around the corner. Nevermind, they can always wake up and plan for summer 2020!!!

If Big Dish spent every penny they may spend on a media company instead on paying staff to sign up restaurants in the UK - including London - they might actually have a presence in the UK. They certainly won't get such from LOUD MOUTH MEDIA. What a dreadful name for a media company.

Very poor RNS.

All just my opinion.

They obviously haven't got Territory 2 running yet. Sanjay said he spent 2 days in Southampton in March and the result is 7 restaurants. It doesn't sound like there is anyone else working in the territory. They need to get someone employed and signing up the restaurants.

I suppose we'll get more nonsense podcasts next and Sanjay will be so busy doing them he won't even find time to spend 2 or 3 days out in the field and no restaurants will be added at all.

Also just to put things in perspective eatigo operate in a number of large Asian capital cities like Singapore, Bangkok, Hong Kong, etc. They have between 600 & 900 restaurants in each city. So London which is an equivalent size city could easily have a similar number of restaurants. That is something worth getting on with. Instead they are targeting rural Devon. That's certainly the way to add 7 restaurants in a month instead of say 700 in 2 months which they could do if they started on London.

No, that was a very poor RNS today. Back to the bad old ways. I don't think the share price will be moving up much on this news. The last thing Big Dish need is a media company driving business their way when they hardly have any restaurants on board. That will be a dreadful waste of what are limited resources and achieve very little or no extra business.

All just my opinion.

Absolute rubbish RNS if you ask me.

Bad name for a media company and that's the last thing Big Dish need at the moment. They have only a tiny, tiny presence in the UK at the moment. That's getting ridiculously ahead of themselves.

Southampton goes live with a paltry 7 restaurants which is pathetic. It would be far better for Big Dish to spend their cash on recruiting staff to start signing up restaurants rather than the CEO have to spend 2 or 3 days a month doing it himself.

Why start Territory 3 when T2 isn't functioning yet. The Bournemouth restaurants were all migrated from Table Pouncer so the total of new restaurants in T2 is 7!!!!! And even in T1 they've only added 41 new outlets (Bristol & Bath). And they think they need a media company to drive business their way. I think not. Maybe when they have a presence in London and around the rest of the country but not now.

I'm very disappointed with today's RNS.

All just my opinion.

monty5662

Thanks. They won't be very exciting and just need to get them out of the way really. See what cash they had left at the end of the reporting period. This is all about growth and future income really.

It looks like 2.5p is now the low compared to 1.5p in December and January so hopefully if they can now speed up with the restaurants the next move up should take this up past the IPO share price towards 5p.

Great, we won't be in trouble for copying their idea and their App/website then. That's good news and I shall put more money on this now I know that isn't going to be an issue.

That still doesn't stop anyone coming along and copying Big Dish or eatigo though so the need to get a move on is still paramount.

monty5662 - do you want to phone Aidan and find out when the results are due out. Even though the Main Market has quarterly results I assume that as a small cap it is every 6 months - we haven't had any yet so it has to be every 6 months. Cheers.

96 now with one more added overnight in Bristol. Thei big ton approaches.

They obviously have a manager in the Bristol territory as new restaurants are being signed all the time. I still don't think they have one in the Bournemouth territory yet or Sanj wouldn't need to be doing it himself. Time they got one. Also it's time the south-west started on a new area as well - maybe Gloucester or Swindon which are both near to Bristol. They also seem to have given up on Bath very early. I would have thought Bath would have lots of potential.

I'm glad to see that some other posters are waking up to what I've been saying for several months now. Big Dish need to get a move on with the restaurant signings to get the UK secured with Big Dish as the major player.

Eatigo have it hard compared with Big Dish UK. They operate in 10 cities across 7 countries. That's 7 languages, 7 different types of food and diners, 7 tax regimes, 7 everything else. Their expansion into India was funded by an acquisition for which they used the Trip Advisor cash injection.

Big Dish can expand so much quicker here in the UK and they have the potential to outgrow eatigo in just a couple of years if they get a move on. The best way to grow quickly is the old fashioned way of B to B sales, phone calls, emails and personal visits. It's cheap, cost effective and it works. Acquisitions are expensive, slow, difficult to integrate and not very cost effective. Half of the going concern restaurants that came with the Table Pouncer acquisition are still not integrated onto the Big Dish platform yet. But every single restaurant that's been signed from cold is already earning Big Dish revenue. That's why Sanjay has said that T1 and T2 will be at break within a few months.

It's not chatter. Big Dish aspire to be the next eatigo. It's as simple as that. Did Big Dish need to make their App and website look almost identical to eatigo? No, they could have applied their own interpretation and that would of been better. Big Dish have 95 restaurants on their platform while eatigo have 4400. It's clear Big Dish have a long way to go.

Going on say eatigo Bangkok there are 50 different categories to help punters decide what food or dining experience they are looking for. Big Dish have 2 or 3.

Having said that Big Dish have a bloody huge opportunity right now in the UK. They need to get a move on and keep their first mover advantage. There are about 90,000 restaurants in the UK. The sooner they start signing up 20 or 30 a week instead of 20 a month the better.

It looks like they are signing up alright and I am impressed with the number of restaurants that are now offering Saturday and Sunday discounts including 50% off deals. This seemed to be a potential problem a while ago with many restaurants going 2 or 3 days with no deals but that is changing rapidly now. I even saw one restaurant that had a slot with no discount - if booked on the App that is still money for Big Dish.

I see Southampton is finally showing on the website - at last.

I also noticed the eatigo similarities a while ago. I do get worried at times about this. I don't think the basic idea is patentable or copywritable but should Big Dish just copy almost aspect of the eatigo App. Probably not. Especially as eatigo is largely owned by Trip Adviser. They should of at least applied their own interpretation and at least made the Big Dish App look a bit different. Anyway while eatigo have no plans to move into Europe or the UK this doesn't seem to be too much of an issue. It is though one of the main reasons I just wish that Big Dish would get a move on and get themselves established in this country. Big Dish can easily tweak the App and website any time to lose any similarities to eatigo but they wouldn't stand a chance if eatigo suddenly turned up over here. They would be dwarfed immediately as is Big Dish Asia by eatigo Asia.

In fact in Asia Big Dish are a very weak second to eatigo all round. Eatigo have about 570 restaurants on their platform in Manilla while Big Dish had a maximum of just over 100 a couple of months ago and 91 when I counted them last week. I can't even find Big Dish Hong Kong or Jakarta anymore but when they were last around they had about 50 restaurants in each location. Hong Kong is really the jewel in eatigo's Asian crown with over 830 restaurants (I counted all the outlets on the eatigo App a while ago) and 270 in Jakarta. Eatigo also have 670 plus in Bangkok and 740 plus in Singapore, over 500 in Mumbai, etc. 4412 in total when I last counted.

To be honest I doubt if Big Dish will ever manage to sell their Asian business as it is such a copy of eatigo and if they do it won't be for a lot. I don't think they are bothering with it anymore as Manilla is on the numbers decline and as I said earlier I cannot find Hong Kong and Jakarta on either App or website. They have completely disappeared and might have just been shut down.

Having said all that Big Dish have an opportunity in the UK to be a big as eatigo if not bigger within a couple of years. Eatigo seat at least 1 million diners per month. That's got to be a fairly good revenue.

I do feel though that Big Dish management have a lot to learn and instead of Aidan mouthing off at the presentations he needs to use his head a bit more. His Share Talk presentation was absolutely dreadful.

I'm glad I wasn't the only one here to spot the eatigo similarities.

All just my opinion.