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Business owners are not the type that will be ‘enjoying’ sitting around whiles’t being on furlough. Restaurant owners, as well as other business owners, will be eager to re-open their businesses. Many will have the mindset of having a purpose again, and whiles’t not ideal may have resigned themselves to operating for months ahead as long as they can break even. There will be good days ahead again. For now I would suggest some businesses will need to consolidate, tick over and look forward to those brighter days.
Q & A - For £9.99 i listened to just under 19 minutes of content ....... not your usual 5 or 6 minute clip, and I learnt.
Revenue - addressed
Business model ( pre Covid & post Covid ) - addressed
Restaurant Sector ( post Covid ) - addressed
Funding - addressed
There was so much tripe and fear trying to be posted on the BB over the weekend. It’s a shame some choose to waste their time with such activity, quite sad really.
The above points, the one’s which were being used to spread negativity, were all spoken about ....... and I for one were happy with the answers, with reassured confidence in my holding here.
One thing I will say, the funding will not be cap in hand bucket shop type of fund raise with mass dilution .........
The funding, most likely through a tech fund, has been advancing nicely .......... Now, isn’t it interesting that Aidan purchased 2 million shares @ 3.6p ( and another director purchase at the same time @3.4p) just a month before the restaurants were forced to temporarily close.
One would assume they know how well the funding talks are going, seeing as they are the one’s having those talks ! ;-)
Those talks progressing so well were the reason behind Aidan purchasing 2 million shares @3.6p just a month before lockdown imo. It is said the talks are still progressing. There is certainly some good news on the horizon, just maybe on hold for now, but I’m happy to hold and wait for it to be revealed, happy in the knowledge that Aidan thought it beneficial to purchase those shares at 3.6p ........... I guess he didn’t buy them just to flip and make 10% either ! The world hasn’t stopped, it has been put on hold, for the time being ;-)
I believe it to be a good sign when a number of negative, non constructive, posters turn up. After all you wouldn’t deramp a share to attempt to stop the SP rising if they didn’t see good reason for it to rise. There would be no need to bother if it didn’t have potential to go anywhere ! ......... Would appear to me many traders looking for a cheaper entry.
Maybe you can take a cruise but you’ll have to pack enough sandwiches with you for the fortnight as the restaurants won’t be open ! Even if they are, no one on the cruise ship will want to dine in them ! ;-)
There are signs that restrictions are starting to ease, and this will include restaurants !
I have a feeling our SP will bounce back strongly as soon as restaurants are re-opened, we may start to see a steady and sustained rise as soon as we have confirmation from Government that the current restrictions are going to be uplifted for the restaurant sector ...... sentiment will return here very quickly. We are only able to buy at this level as the restaurants were forced to close, as were other businesses, due to Covid. Expect this to bounce back ..... and soon !
Draft government guidance for safe working has been circulated to around 180 employers, unions and business groups, setting out the requirements in seven workplace settings, including factories, hospitality, for those working in people's homes and in vehicles, and outdoors.
Draft government guidance for safe working has been circulated to around 180 employers, unions and business groups, setting out the requirements in seven workplace settings, including factories, hospitality, for those working in people's homes and in vehicles, and outdoors.
In the most recent proactive investors interview with Aidan we learnt that Bigdish had already started to engage with a Boutique that specialise in our sector for future funding. That information was not RNS’d prior to that statement and it hasn’t been since. Some are talking twaddle here regarding being suspended if we realise some positive news that hasn’t been RNS’d, including those who apparently have a huge investment and have been here since ipo, don’t you think Smithy ;-)
If you go to twitter and click on the link for the shares conference you will see a list of company logo’s that are presenting at the investor conference. If you click on Bigdish the wording changes to Big Ventures. If you click on other companies that are listed, the wording doesn’t change. There is news to come imo. They don’t have to announce the news, give away inside information, on Saturday but they could easily say we have been working on ‘such and such’ (new venture imo) and the details will be announced in the coming days, giving them time to RNS the full details. If you like, a little heads up to us invested. ........ I agree with those who are in the opinion that a partnership is going to be announced. ..... Very interesting how our logo changes when clicked on ‘New Ventures’ :-)
Investor New
@bigdishIR
just recorded video for the UK's biggest online investor show. will go live saturday
I am of the opinion there will be positive news to shout about. If there wasn’t Aidan would have just kept quiet and not confirmed for Dish to be interviewed for the Q&A at the investor show. I think the SP will be given a boost next week
Interesting article Jsmith. As with an awful amount of media reports should be taken with a pinch of salt. How can such an article be taken seriously. I didn’t get invited to take part in the poll, I wonder how many on the BB participated, did you JSmith ? ......... No need to answer, I am talking hypothetically. I am still of opinion, as I have been for several weeks, that we will start to see the restaurants re-opening end of June / early July. By the way, that’s this year Smithy :-)
I agree, the SP should rise nicely once restaurants are re-opened.
Unfortunately I am not expecting that announcement anytime soon, and certainly not today. The PM is due to give another update today but I believe it will be very vague just reiterating the five points they are monitoring before they can start to ease the current restrictions. I will be amazed if we are any wiser when restaurants are likely to be re-opened, I can’t see it, too early. Those buying the past few days on the hope of such an announcement may well be selling tomorrow dropping the SP again. We just need to be more patient.
I am of the opinion some clarity from Aidan & Co in regards to the takeaway service would be a huge positive.
ie .....
- They are going to continue to work on this part of the company in the near future when the U.K. staff are operating again.
- They are currently continuing work on this with additional restaurants to be adding in due course
Just to leave it as it is, a month on from when it was announced on Twitter, I think is poor, and potentially damaging.
I also hope Dish expand the takeaway side of the business. If I’m honest I am disappointed with the lack of restaurants signed up for takeaway service, 8 in Bournemouth and just 1 in London. It was twitted on March 20th (a month ago) that you would be able to use Bigdish to book delivery venues. Technically you can. But come on, just 9 venues, looks bad imo. Either add some reasonable numbers to the restaurants/ locations or it may have been better not to have even mentioned offering this service. I am pro Bigdish but this is disappointing.
Lemonade, unfortunately many people live beyond their means. Even pre Covid-19 there would have been many dining out when technically they couldn’t afford to. They have worked hard all week and deserve a treat (dining out) will be the mentally. They will use their credit cards / overdrafts. This is the way of the world for a huge number of the population, this will not change. Interest rates dropping to ridiculous lows post the 2009 financial crisis has changed the way many run their day to day lives. Money has been so cheap the past 10 years, and that is not about to change any time soon ! Don’t you worry, people will be dining out as soon as the restrictions are uplifted. ....... you also haven’t considered that many will be financially ‘better off’ due to Covid-19. Many will be continuing to work on full pay but haven’t been out to spend any money, not buying petrol for example, as they work from home, which is quite an expense each month for some. There will even be a number who have been furloughed, retaining 80% of their income, but again not spending money as they were previously so most likely no worse off financially.
If some used just the slightest bit of intelligence when reading the dramatic headings in regards to pub and restaurants not opening until Christmas they would realise the headline is not stating that the pubs and restaurants may not open in their entirety by Christmas. The press are suggesting pubs and restaurants may not get back to ‘operating normally’ until Christmas. There is a huge difference between being closed, not open to the public until Christmas, and operating normally until Christmas (ie as they were pre Covid 19). In my opinion we should expect pubs and restaurants to re-open way before Christmas, my guess would be around the end of May (just 5-6 weeks time) but I would not expect them to be operating the same as they were previously. I would expect temporary conditions, regarding distancing / shielding for example, maybe until Christmas again for example. But they will be open for business ! That is all we need here at Dish, the businesses in our section re-open so we can continue with the growth potential we were doing so well at displaying literally just a short 4-5 weeks ago.
The UK has been in lockdown for 4 weeks. 4 weeks ago we were guessing that restaurants wouldn’t re-open for say 3 months, in June. During that very same 4 week period we have seen our SP rise over 100% from the low of 0.80. The SP was way undervalued. Today, no change as such, the restaurants are still not open and we are discussing the possibility of them re-opening in June. The SP is still way undervalued (because the restaurants have been forced to close) and therefore it wouldn’t surprise me if we see the SP double again before the restaurants are allowed to re-open. Too much focus from some in regards to when the restaurants will actually open, end of May - beginning or end of June, early July ........... and not enough weighing up the investment here. Potential to double your money at least , quite easily, in approx a 2 month timescale, maybe less as I believe the SP will double again the closer we get to re-opening and then some once we do finally see the restaurants opening their doors again. Now is the time to buy imo, and not leave it too late. I don’t understand some people’s mentally, as if there is a barrier where they cannot buy and wait for literally just 2 months. It appears some cannot physically press that buy button unless they think the SP will rise that same week ! Bizarre. Dish SP approaching 5p just 5 to 6 weeks ago, only halted temporarily by this virus, can currently buy for less than half the amount. Bargain imo, but many will miss out