Member Info for ART123

The Q4 strategy according to the 7th September RNS was:

"Highlights:

· Launches today with a select number of restaurants in Bath

· Targets 70 independent restaurants in Bath and Bristol in the fourth quarter of 2018

· Migration of Table Pouncer to BigDish platform

o 126,122 diners seated via Table Pouncer in 2017

o Table Pouncer was acquired by BigDish on August 2nd 2018

· Fourth quarter sets the stage for aggressive rollout across the UK in 2019, targeting up to 6,000 restaurants.

A select number of restaurants in Bath were chosen for the beta launch of BigDish in the UK. The beta stage will be for an initial one month period. The goals of this first month are to ensure that the technology and booking process operates seamlessly, to test various marketing channels with a view to understanding the economics to achieve scale, and to gain insights into customer data via the BigDish proprietary business intelligence platform.

At the end of this one month period, BigDish will seek to increase the number of restaurants in Bath and expand to neighbouring Bristol. The goal for the fourth quarter in Bath and Bristol is to grow to 70, predominantly independent, restaurants. The Company will target larger restaurant chains at a latter date. The Company has hired a territory manager who will seek to grow the business in south west England.

During October, the Bournemouth restaurants currently on TablePouncer will be migrated to the BigDish platform. In 2017, TablePouncer received 45,117 bookings in Bournemouth and seated 126,122 diners, a market leading position and an increase on the previous year."

However the beta phase on the Big Dish platform in Bath in still ongoing now even though that was only meant to take one month. An additional 70 restaurants have been added but they are still on Table Pouncer and have not as yet been migrated over to Big Dish. These 70 restaurants were going to be in Bristol and Bath but they are now in London with a few in each of Bristol, Brighton and Southampton. That doesn't really worry me as London is a great place to start anyway. And the Bournemouth restaurants are all still on Table Pouncer as well.

The September update then continued:

"Based on reaching the fourth quarter objectives in the UK, the Company then plans to embark on an aggressive roll out across the UK, targeting up to 6,000 restaurants."

So the question is as they haven't yet migrated anything from Table Pouncer to Big Dish is this going to delay the "aggressive roll out across the UK". If so the shareprice will stay in the doldrums until they get this sorted.

Hi jsmith,

My average is about 2.35p. I sold out after the initial rise and then have bought back in during the current drop. I've probably got more than I'm happy with as I keep buying more as the shareprice drops and the lack of fast progress and updates have let this get stupidly low for now.

The way I look at this is that if the management announce they are going to start signing up new outlets then I will buy more. Otherwise I'll just hold what I've got until they start to sign up these restaurants. There's nothing else to this business. It's just a case of numbers and getting a move on. The market doesn't think much of the speed this has been moving at so far but that can change very quickly.

I'd like them to stick to the proposed target of 6000 restaurants in the UK in 2019 and if they achieve this the shareprice should be many multiples of where it is today.

ATB.

Up to 8 in Bath on the Big Dish app and up to 6 in Bristol, 6 in Brighton and 6 in Southampton on the Table Pouncer app/website with only Bournemouth and London showing some reasonable numbers of outlets (though obviously this is still a very small amount for a market the size of London).

It's been stuck like this for 6 or 7 weeks now and unfortunately this gives a really really bad impression to both customers and restaurants. Either you're in business or your not. There can't be an in between and if there is it needs to be for a short a time as possible. This is a typical small business example of very poor management where they are not listening or using their heads. The restaurants want to sign up. Customers want choice and availability near wherever they live. For nothing to be happening here is very rude and a dreadful waste of time.

The only thing saving the shareprice from further falls is absolutely no trades at all. Zero. And zero interest on this board as well.

It's a shame because this has great potential but the opportunity at the moment is just wasting away. Poor effort all round.

£4.00 high back in June and July 2017 - and that was mainly built on expectation - and now revenue is increasing this could easily see those highs again during the peak season. That is a 4/5 bagger from today's buy price.

Can't go wrong. I feel that you have to regard IDP as a trading share really. It's far too volatile to be suited to long term holding. Buy low and hold and then sell when the shareprice has doubled or tripled.

My average is just over 90p because I bought some at £1.20 in October thinking that was a good buy price but the lack of newsflow didn't do the shareprice any favours during November and December but I've had a good top up today at 78p and now am quite happy to hold these for as long as it takes to double/treble my money.

I made a cracking profit on this share in January 2017 selling between £2.00 and £2.50. I then promptly forgot all about the share which was crazy as after a pullback to the low £1.00's it then shot up to peak at £4.00p. And since pulling back from those highs it has had a couple of jumps from £1 to £2.

I have now re-woken up to this share and have bought back in with an average of 91p and I will hold these until the shareprice reaches £2/£3 which will net me another great profit.

The last trading update was with the final results on 19th September so the low shareprice is as much due to a lack of news as anything else. 3 months is a long time without an update on a growth share which has resulted in the shareprice trading at just about an all time low.

It's the time to buy now. The shareprice was over £2.00 as recently as September. Things can change very quickly here with so few shares in circulation.

ATB - HNY

Far too much negativity has accompanied Haris Chaudhry selling some of his substantial personal holding. The prospects are just as good if not better than both last year and the year before. Easy £2.00+ here.

Well the shareprice at the time of the January trading update this year (2018) was over £2.00 and the shareprice at the time of the January trading update in 2017 was also over £2.00 so the current shareprice is extremely low especially taking into account that according to the last RNS this is going to be a strong year with new products and new outlets.

Far too much negativity has accompanied H

The volume here needs to pick up considerably. I can't believe how few trades there are going through - especially as the MM's are ready to mark this up even without any trades. That's always a sign they'd let it go up a lot more if the demand turns up.

2.395p to buy and 2.321p to sell. Can't see 1.8p anywhere though.

Well it looks like the SP is going up to me. 2.34p to buy now.

Of course the danger is that if the MM's let it rise too quickly then everyone will rush to sell just to take some profits - and then it can fall back just as quickly as it has risen. Also trading is pretty quiet here.

It's obvious that the shareprice was going to fallback in December - if that is what Denzle is wagging on about - because the last operational update clearly stated that the farm out would hopefully be completed before the end of January. December is now coming to a close and this should rise up nicely now we are just getting into January.

It's actually a good sign if the MM's will take your shares as this means they are confident they can sell them on pretty quickly. The worry is when they won't take any and that's when the shareprice will start to fall.

There is now an expectation of news in January. And the chart certainly looks like this is primed to move up during the coming month. We should see high 2's, even mid to high 3's in the next few weeks.

January re-rate seems to be starting. 2.28p to buy and 2.15p to sell. Make that 2.22p to sell.

MM's are trying to take this up again now. Earlier their attempt was scuppered by all the sells that came in at 2p and downwards. Looks like it'll get back to 2p+ soon.

MM's seem to be marking this up today with every buy. Getting 2.1p to buy now - though with no sell price even for 10,000 shares I can't get too excited.

41.76% up?

I asked a genuine question here earlier as to what is going on here and was told to read Moles posts and it looks like to me as if everyone else here needs that advice too as he's the only poster here who has looked at and faced the facts and realises that it is FRR who owe rather than the other way round.

Also it clearly looks as if the claim by FRR has been done purely to play for time while FRR get some fresh finance sorted out in the hope that this will delay Outriders default request for the outstanding loan to be settled.

Hope owes FRR absolutely nothing except in FRR's total fantasy dreamworld. Any half-decent judge anywhere on the planet would chuck FRR's counterclaim straight in the bin.

And why risk falling out with Outrider anyway when there is a huge secured loan that needs managing.

Sorry I had forgotten that I did previously look into this back in October and having gone back and reread my posts I now see what is (still) going on here.

IF FRR can get this new finance deal sorted quickly then they should be able to get Outrider of their backs by paying the overdue interest and some part of the outstanding loan (if Outlander request this) and then come out of suspension. Of course they will need to drop the silly counterclaim against Hope (and Outrider) too.

But in the absence of FRR resolving the default - which is not happening if FRR lodge a counterclaim case - then Outrider are entitled to demand settlement of the outstanding loan - which according to my research is $30,063.276. And this loan is now - since 2016 - secured presumably against FRR's assets.

$30 Million will no longer be called in.