RE: agm19 Oct 2019 14:19
An SP of 9p with current shares in issue would value Bigdish at around £31 million. If you look at the value of some of the established companies in the food sector , deliveroo / justeat for example, their valuations are mind blowing. I am not for one minute comparing the scale of BigDish to those companies, but if Dish get this right the potential is huge, this is a hot sector to be in. This company is in its infancy stage. Some of the posts on the BB are utter nonsense, traders playing their game imo. Technically speaking this company has only pressed the button to start its objectives 6 weeks ago. In fact we still haven’t employed the full quota of TM’s yet. To expect large sign up numbers in just 6 weeks from the new TM’s is unrealistic. They will not have been facing customers for the entirety of that time, they would have needed training. These guys / gals need time to find their feet. It’s good to take an overall look of the business and its strategy / objectives and not judge the company on the current SP, which imo has found itself at these current low levels through traders and other holders expectations being far too high too soon, and selling because of the initial sign up numbers in London being below those expectations . We need to see progress but we need to be realistic and give this team some time. Bear in mind London has only just gone live. If holders think 16 sign ups will be all we can achieve in London I strongly believe they are sorely mistaken. Regular sign ups, some chains / groups coming on board and things will soon look a lot different !