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Having got stuck with a smallish amount of these at 10p and not yet feeling it is good to average down can someone tell me if there is ever going to be an end to the "Conversion of Loan and issue of equity".

I assume that as with most loan conversion shares this is what is dragging and holding the share price down. Does anyone have the figures on how much/many Loan/Loan Notes still needs converting?

I assume that as with most shares when the conversion ends the share price will rise again but with this share it seems to have been going on forever.

Cheers

Thanks for that.

So this year is a 13 month accounting period so the trading update will be around the beginning of April. I would still expect sales to be around £100 for the 12 months plus one extra month.

No posts here but then this was never very popular with PI's previously when the share price rose from even lower than the current levels to as high as £7/£8. Any lack of PI interest or posting didn't hold it up from rising before.

Anyway, there will most probably be an end of year trading update on Monday or Tuesday. It is usually almost straight after the end of the financial year which is the end of February. Whatever else it says it should confirm revenue to be over £100 Million which is a great achievement in itself.

I think it'll be 2 or 3 months before we see any new restaurants on board now.

One thing is certain is that we will be informed in advance so it's not really a worry. They have been very good so far and announced every new territory before it has gone live.

So as long as the sidetrack finds what they were originally looking for then they've just saved the cost of a further drill into the Colter South prospect with the bonus that it has been a success.

Just been checking the latest presentation and it says this:

"New preliminary mapping of a separate area to the south of the Colter structure suggests the potential for further Prospective Resources on the P1918 Licence."

Post on RBD seems to confirm this:

"Guys this is huge Colter South is larger than the original Colter prospect.

Colter South was the follow on potential after Colter so looks like they have found oil back to front, sidetrack well to complete will no doubt prove the original Colter prospect. With the increased Cora stake both successful are worth north of $125million NPV net to Reabold.

Amazing."

And if you look at Big Dish Bath out of the 8 restaurants only 3 are offering any discounts for meals today, 1 is offering discounts again on 24th Feb, 1 again on 25th Feb and the other 3 are not offering any until 26th Feb.

That is a problem with his idea.

Not "most" but a few. Get your facts right.

This happens every weekend and also happens exactly the same on Big Dish Manilla if you care to look. They show "next day discounts" which was discussed on here yesterday.

Yes but Mr Ford invented the idea of mass production and he was years ahead of the competition.

Big Dish might pretend they came up with this idea but in fact Eatigo started up several years before Big Dish with yield management and they are way ahead.

Big Dish have 100 restaurants in Manilla while eatigo have 572. I cannot even find Big Dish Hong Kong or Jakarta these days but when they were last around there were about 50 restaurants on each. Eatigo have 832 in Hong Kong and 270 in Jakarta. Plus eatigo have 742 in Singapore and 672 in Bankok, etc etc.

Eatigo have over 4400 altogether - compare to Big Dish's 100 in Manilla and 71 in the UK.

And please do not accuse me of deramping. I just don't know why they won't get a move on. The opportunity is there and they need to seize it.

We can all see the potential here but whether Big Dish are going to be the ones to take advantage of this opportunity still remains to be seen.

Unfortunately, so far they've shown very little ambition or desire to grow this company - except in the wild targets from the IPO, but they seem to have been little more than silly figures to ensure the IPO placing and besides which the company is are already backtracking on them anyway.

And don't think they will always have this market to themselves as any discount card company can convert to yield management any time - after that is all Big Dish did a couple of years ago as they started out as a discount card restaurant deal company in the Philippines themselves and then converted.

It's not even a rumour. It's a bit of desperate ramping. If there was anything new to be said the RNS would have been out this morning and not after the presentation. If there is nothing new to say then there isn't likely to be an RNS.

Difficult one this.

Share price could go back up - over nothing.

OR

Share price could go back down - over nothing.

When I say "over nothing" I mean over no news

Well I certainly don't think there's too much of a worry about Big Dish expanding too quickly. Not so far at least.

Blimey the company took 18 months from the time a RTO with Nyoya was first mentioned until they finally did an IPO and it's been nearly seven months now since floatation and all they have got on the platform is about 70 restaurants. Hardly busting a gut!!!!!!!!!!!

Looks like there will not be any new news at the presentation tomorrow. Same old talk about yield management no doubt. I think we have got the idea already and most are now ready to see it put into action.

That is a worthless acquisition as they are in the process of getting rid of Big Dish Asia.

I actually agree with monty5662 over something at last and I find his SP predictions quite sensible.

But at the end of the day it's entirely dependant on how many restaurants get signed up and when. That will dictate the shareprice. I'd say 10p for 400 restaurants is a bit high but then you know what the market is like and if punters see future growth and good prospects then the share price can easily exceed expectations.

Obviously with say 1000 restaurants on the Big Dish platform it would be higher.

I can see this re-rating up to £2.00 now as Boots start selling ST, etc. maybe even more.

I have finally worked out what some of the posters are on about when they have been saying that restaurants can be taken off the platform when they don't have any discounts on any particular day.

That is actually the way that the old Table Pouncer platform works. One day there might be 40 restaurants listed in London and then over the weekend that number can drop to say 25 or 30. It also helpfully gives the number of restaurants showing live deals any day. This platform is still live.

However I have monitored the Big Dish App and website very carefully and these do not take restaurants off the listing if they have no discounts on the day. Instead they say "next day discounts" or "no discounts available" or give the date when discounts are next available.

I have monitored this on Big Dish very carefully and particularly with the 8 in Bath which never seen to do any weekend deals but there has never been less (or more) than the same 8 on there weekdays and weekends.

As the Big Dish platform is the new one then I would assume that this will be the norm in future.

Hope this clarifies.

You need to take yourself back to the GCM board. That's exactly what you've been posting on there all week - to no avail though!!!!!

The Asian asset is not sold.

Besides which it's not much bigger than Table Pouncer and that only cost Big Dish £1Million so you're figures are fantasy.