Member Info for ART123

It's very easy when a company removes a director who was also the CEO to go back on any targets that had been announced by that person. I think the 6000 restaurants in 2019 is now quickly going to be forgotten.

SN has recently given a new target of up to 400 restaurants across what amounts to most of the south of the UK but they still don't appear to be in too much of a rush to get started on them. At the speed they are currently moving that could arguably take the rest of 2019. Mind you 400 live restaurants might see the share price back to somewhere near the IPO price (and that's using the valuation that was circulating on here over the weekend).

As to the potential. Eatigo has 872 restaurants live in Hong Kong and 742 live in Singapore so London with a similar population to these cities could quite easily have 700/900 alone. However the company have continually stated that they don't want to start on London yet - though I can't see why not.

Be sensible. They might launch one more town by the end of February but not all of them.

Lots of early buying going on here.

Not more presentations please. It's time this company started talking to restaurant partners rather than investors and shareholders. That was all done when they floated. Nothing has changed since.

They did you a good deal there considering the spread here is generally pretty wide.

It's blowing hot and cold again. It just doesn't know whether to go up or not. When it does the big sells suddenly appear and down it goes.

I'm blowing hot and cold too. I buy more and then an hour later I start to regret it. If I then sell some then I find I just want to buy them back again. I still have a core holding through all this indecision but it is not anywhere near the quantity I would buy if I had a little more confidence in the commitment of the management to get this show on the road. They cannot do the business and build their revenue without restaurant partners.

"There's no such thing as a free lunch" I think the saying goes...........

I'm not going, that's for sure.

Can't see the point. Either he's doing the rounds trying to get more funding - and none of us really want that - or he's telling everyone about the wonders of the principles behind yield management.

To be honest we've all got that bit already and as this clearly wasn't Big Dish's idea to begin with as eatigo are way further down the road and have been at this for several years longer then the less Big Dish talk about the business idea the better. Keep it secret and get on with signing up the restaurant partners. Get as many as possible on the Big Dish platform as soon as possible.

Big Dish Manilla have around 100 restaurants live every day on the website whereas eatigo have nearly 600. Looks like eatigo got there first to me. No point in signing up to the same deal twice. Another reason why they might as well say goodbye to Big Dish Asia - they quite simply cannot compete with eatigo. Big Dish UK have the chance to get the restaurants signed up first. Let's hope they do.

I could see that 600,000 trade was a buy. You must have a million by now. You're almost getting me to buy some more.

Unfortunately having been here from the day of floatation I am a little cautious as it's been a rough ride with lots of delays and not much progress despite the huge potential.

Even now I am watching this rise very carefully, as are the MM's as they get up to their little games which are noticeable when they put up the buy price even though no buys at the previous price are coming through. Any way they can make a buy look like a sell they'll do it.

ATB

My useful research was into eatigo. Let's face it they have an almost identical business model.

Anyway they have 10 territories in 7 countries and I actually sat and counted the total number of restaurants live on their website and App. The total number is 4412.

I have worked out a rough valuation and have come up with a figure of between £200 Million and £250 Million. They are a private company but if they were floated I think this would be a pretty good starting figure.

Can BigDish replicate this in the UK - ABSOLUTELY.

The difference is that if eatigo were to list say tomorrow the only ones to gain from their past growth would be the directors and TripAdvisor (who have funded eatigo with about $25 Million so far). Big Dish, with the potential for this type of growth, have a m/cap of £5M/£6M so the shareholders can all get the full benefit of the expanding business.

Of course, this all still needs Big Dish to get a move on with signing up these restaurants. They have the chance to do this now in the UK and become the major player. This is no time to sit around. They need to get on with it immediately.

ATB

Looks fantastic.

Near Taunton, Somerset. I wasn't expecting much as we usually don't get a lot but I've measured it myself at 10 cms. L

Anyway, I have been doing some useful research overnight (while most of the other posters here genuinely expect the share price to rise for no reason at all).

I will share my very enlightening findings with this board later this morning. We have about 10cms of snow outside which will keep me busy in the meantime.

Despite the good news and modest progress at last being made, there have been some very big sells over the last 2 days so the share price has done very little. Shame but then I'm obviously not the only one who thinks progress has been far too slow. In fact, some people must be far more pissed off with progress than me because I've ended up buying a lot more both yesterday and the day before and haven't sold any over the last few days.

Oh, I forgot to say that's a grand total of 20 restaurants signed in 6 months. No wonder the share price is so depressed and some of the posters here a little disgruntled. Especially as that is the extent of their business - to sign up partner restaurants. They don't have anything else to do. That is it. They've hardly been busting a gut.

Mind you to give credit where credit is due Big Dish as of today have finally managed to sign 20 new restaurants to their APP. I believe all the rest were from the Table Pouncer but today's additions in Bristol all look to be brand new. In fact the 6 or so Bristol partners from Table Pouncer days don't seem to have even made it onto the new APP so they have all definitely been signed up by the UK team. Well done - at last. Let's hope it doesn't go to their heads too much and they don't rest on their laurels too much. I'd hate it to be too long before we get some more.

And by the way, for all the knockers, if this company was going at a reasonable pace and showing some signs of life I would have a lot more invested here. Probably 3 or 4 times as much. And I have a fair few already.

Well the 40 or so restaurants in Bournemouth area migrated easily enough from the Table Pouncer platform to the Big Dish APP so what's the problem with doing the same to the 40 or so London restaurants. Or has it got to be done all by the book area by area? Surely the London restaurants are an exception to the rule as they are already live on the Table Pouncer website and can be just migrated over anyday anyway.

I do get a bit cross because I keep being suckered here. Previously I bought more than I was comfortable with having listened to all the ramping RNS's and even offloaded some at a small loss when nothing seemed to be happening.

And then yesterday I bought more but then by the end of the day was beginning to regret it because they are still going too slowly to even get the share price over 2p. Then today I bought more again, on the strength of a positive RNS but it is still not enough to get the share price moving upwards again. I'm beginning to regret that already.

It's just crazy. As I said in my last post this isn't a patented business idea. Big Dish are either going to get a move on and sign these restaurants up themselves to their platform or they run the risk of a competitor starting up and beating them to it.

AJMO.

And I'm not sure what has happened to the 40 or so restaurants that were live in London on the Table Pouncer APP until very recently when people were told they now had to use the BigDish APP. They seem to have disappeared completely as they certainly haven't reappeared on the BG platform. Maybe they have been told that they will have to wait for a few months or so until they can get London territory up and running again. Surely this is very poor for business and a poor way of going on.