Member Info for Bigbaddaz

The delivery side / takeout offering will be the making of this company imo. ...... the yield management side was what I originally bought in here for as I believed it to be such a good concept, and still do. However, in the ‘new world’ we find ourselves living in I think companies such as Dish have to have a more ‘complete package’, which I’m pleased to say we now have post lockdown.

The concept here really is very good imo and I am expecting very Big things to come.

I must add though how extremely disappointing it is that the new App has not yet been released and more disappointing having no reason being explained to us by the company.

In an RNS we were told the new App would be released by the end of last week. That didn’t happen, and no explanation from the company why. We then have a tweet on Friday to say as of Monday Bigdish to go to be launched .........

Well, has it been launched ? Where’s the fanfair !

Very poor handling by management of such a momentous occasion for the company imo.

Such hard work has been done this year, and amazing traction with the sign ups, far exceeding my expectations for the year and we are still in August .......... but don’t ruin this by falling at the first hurdle.

Need an update from the company

Very pleased to see the Tweet suggesting the new Bigdish to go App will go live this coming Monday.

I expect we will also soon hear about our first agreement with a final mile delivery company ......... it wouldn’t surprise me if this was on Monday too.

Fantastic opportunity here imo

I am a ‘Big’ fan of Bigdish, I think the concept is great and the new strategy innovated during the time of lockdown has potentially ‘made’ the company.

The team are doing a fantastic job, especially in the first month of coming out of lockdown and signing more restaurants than we ever had previously .......2000+, extremely positive.

However, I must say I have a gripe this morning. ........

It is very poor we have not had an update first thing this morning in regards to the launch of the new Super App. The market was informed the app would be launched by the end of last week. This hasn’t happened and we haven’t even had an update this morning with the reasoning why. No excuse for this, you should not tell the market you are going to achieve something by a certain point in time and not achieve it. I appreciate sometimes events are out of the companies hands but no update this morning, there are no other words for it other than very poor !

I was lead to believe early last week that we were just waiting for iOS approval. I appreciate review times vary by app but most are approved within 48 hours.
Therefore, as there had been no explanation by the company, I am left only to assume the submission was incomplete.

Poor, very poor ! imo

Sam, the media have mentioned pubs ‘may’ have to close to allow schools to open, I don’t recall restaurants being mentioned. They are different establishments. In the press there has been mention of new cases of the virus being contracted from a few isolated cases in pubs, not restaurants. If pubs are closed to allow schools to open I don’t for one minute think this will be all pubs nationally. I believe the way the press have written their ‘scare tactic’ articles suggests that, but I would have thought we will just see local lockdowns of pubs where the virus has been contracted, and this may be for a period of a week / 2 weeks. Track & Trace needs to be resolved, this will help all businesses especially the pubs. In the meantime the press will continue to write their articles the way they do ....... after all it’s the drama they create that helps sell their papers

Now here’s something to think about .......Third-party delivery partnerships are expected to grow as restaurants prepare for reopening: 53% said third-party apps will be the technology they will rely on most whenever those reopenings happen.

App is ready ....... waiting for iOS approval.

Will be disappointing if not live at some point in the day having informed the market it would be.

Marketing ......... Let’s not forget the Head of marketing from Yahoo joined Dish last year. He hasn’t yet showed us what he’s made of but I’m sure he will when the time it right, and that time must surely be getting closer !

Sam, the SP today has been 2.1963p to buy and 2.14p to sell. My personal opinion would be not to focus too much on the SP as it stands today. Look at the bigger picture. The company has done a fantastic job this past month since returning from furlough ........ obviously they have been working hard and smart during lockdown innovating and adapting the strategy. It is clear to see there are some big chains with shrewd owners who must like what Dish now have to offer. Ignore the nonsense that they have only signed up because it is currently a free service, this is not how larger organisations think. They are ‘trialling’ the service Dish offer for free as they like the offering, and imo with the intention to continue to use the service if it does what it has set out to do and performs for the restaurants. With our first last mile delivery service being offered this month it won’t be long before the likes of Just Eat, Deliveroo, Uber Eats realise there is a disruptive company freshly in the market place. ......... things will get extremely interesting when this happens imo. Forget today, tomorrow, next week ...... for the bigger rewards look a little further down the road imo.

Restaurants starting to show on mass. Take a look at London for example. Currently 229 establishments listed including the chains when’ve been discussing the past few day ......All Bar One, Browns, Dim t, Harvester, Miller & Carter, O’Neills, Patisserie Valerie, Pizza Hut, TGI Fridays, Toby Carvery, Wildwood ........ And there are numerous new independents that have been added. Only a matter of time before the SP responds and this Re-rates imo, will catch many out.

Dish have loaded 1834 restaurants. Just waiting for iOS to approve the App update and they will all go live

Another Great RNS this morning. Previously we were excited by the odd chain joining the platform, we now have more restaurants including chains than we ever had previously, and these have been achieved because of the new innovative direction this company has taken and the great team we have which only had a few months at the beginning of the year to demonstrate their skill set ........ well, there is no doubting their abilities and clearly the fantastic decision Dish has made to adapt and increase its offer. The amount of sign ups we have has far exceeded the amount I personally expected this year, and this has been achieved within the first month of the restaurants re-opening ! As of today the location count has substantial increased to 73. I strongly believe this time the companies strategy is perfect. The SP may be lagging presently but it will catch up, great things are happening here. Dish will soon be noticed by the Big Boys imo.

Just to be clear I have no doubt we will be successful in getting the funding needed to progress. However we don’t know what terms this will be on. Long term I am not too concerned. With the funding issue put to bed we can continue to add restaurant sign ups and steadily grow the business. Short term we may still experience a rollercoaster ride as new investors who will fund Dish owe us pi’s no favours. The lnvestment companies currently have the upper hand with the world currently in the mess it’s in, and about to get worse financially. I am very confident this will come good but I’m expecting a few more ups and downs before we can take that sigh of relief with the knowledge the Company is safely heading in the right direction. I am not as confident as some that funding will be agreed on terms higher than the current SP at the time. I know of finance packages that have taken the average MCap / Sp since the beginning of the year and worked a package on the average SP over this period of time ........ this imo is grossly unfair as the world stopped for 3 months and companies MCaps / SP dropped unjustly due to the panic. However terms were agreed on this basis. I am not for one moment saying this scenario will play out here but as a private investor you have to think about all possible scenarios and investment companies are all about making money ....... for themselves !

I do agree Spero. However my post was more aimed at investors appetite to risk. Without secured funding this is currently a gamble. Pre Covid, before any of us had heard of such a virus, investors would have had a higher appetite to risk and imo on the back of today’s RNS we would have seen the £20k / £30k / £40k buys for example which would have seen the SP respond positively. The world has changed, for now. Appetite for risk has greatly been reduced, hence we didn’t see what many of us believe was a good enough reason for our SP to climb nicely today. I believe many investors are currently protecting capital. It will be a much safer option to invest in Dish for example once funding has been secured, and there will still be good gains to be had because imo we are so undervalued. I believe we will be firmly on our journey once funding has been secured and we know the terms. This is a share with huge potential imo, but sadly in the current climate that is simply not enough.

Unfortunately market conditions, threat of 2nd spike, and funding are continuing to hold this back. Today’s update was fantastic, far exceeded any expectation I had in regards to the number of sign ups we will imminently have on the new app, due to launch in beta mode next week. My personal opinion may see local lockdowns but nothing on the scale we have just lived through the past few months. Unfortunately though this is causing the markets to be a bit ‘jittery’. I have also been of the opinion funding will not be problem, even more so now. Again, unfortunately investors are wary, and I am of the opinion until funding is announced, and the details known, the SP will not be at a level I think we deserve to be. Because funding will be needed this is being viewed as a gamble, and I don’t think there is the appetite for ‘gambling’ with the current market conditions. Things will change once we are fully funded and become a ‘safer bet’ imo.

Those who do not research clearly showing all who they are by grasping what they see as an opportunity to post negative comments about Dish as Jonathan Morley-Kirk, Non-Executive Chairman, sells £8k worth of his shares. For starters he holds approx 38million shares, an intelligent investor would realise selling 349’000 does not equate to Jonathan losing faith in the company and having ‘inside information’ that their plans are about to fail ........ how ridiculous to even suggest such a thing.. Also by spending just a small amount of time said posters could do some research and realise Jonathan is also Non-Executive Chairman of another company which is floated called Bluebird Merchant Ventures Ltd (BMV), which incidentally Aidan is also involved in. Jonathan has also been selling small amounts of his holding there and cited the reason for the share sale being due to personal circumstances related to the Covid-19 pandemic. .......... Therefore, in a nut shell, nothing to worry about ! ;-)

I think Tom & Co have done a marvellous job for their first month back having been furloughed. They certainly haven’t dragged their heels, they have got stuck right in again. They are demonstrating how truly capable they are in their roles, it is very evident. 200+ restaurants on the app (191 as of today) within the first month back, and we know many others lined up which aren’t yet included. This is a good achievement in a sector where many of the restaurants haven’t yet reopened. I am confident more establishments will reopen next month and Dish will exceed the number of sign ups month on month. The team mustn’t take their foot off the gas, and I don’t think for one minute they will. Now let’s imagine the following scenario ......... . we end the year fully funded, a brand new app / website offering dine in, collection, takeaway , over 1000 restaurants signed up, numerous chains on board. Sounds a dream, fully achievable and most likely to happen imo. Pre Covid we had 630 sign ups and the SP was gaining traction reaching 4.5p as restaurants were continuously being added. Now imagine where the SP could be once the above scenario is achieved by the end of the year. We mustn’t forget the food industry and tech are hot sectors to be in. Plenty of money being invested in both sectors. I note one of the big food delivery boys may soon have a take out offer land on their desk. Clearly a lot of money to be made in the sector and importantly huge amounts of money still being invested.

Restaurant numbers are being added at a faster pace than they were pre covid. The last three trading days Dish have added 15 / 18 / 17 outlets. Current total 158. I must say I am pleasantly surprised to make this next statement ....... I believe we will have above 650 restaurants on the app by the end of August, 650 being the number we had reached pre covid as we were gaining momentum. This is quite remarkable as the U.K. is literally just starting to pick itself up off its knees. I would expect sign up numbers in August to far exceed those in July (even without the potential of 260 Pizza Hut outlets) as more restaurant businesses start to open their doors. I like the new innovative business proposition. If Dish get this right, and timing may play a massive part in Dish’s fortunes here with restaurants wanting to grab as much business as they can, I believe with the addition of takeaway and more importantly last mile delivery, we will soon be on the radar of Just Eat / Deliveroo / Uber Eats. My thoughts mustn’t be mistaken, those companies are huge, much bigger than Dish, and I am not expecting Dish to grow their business to the scale of those other companies. What I do visual though if Dish continue to execute the new strategy well then we will become on those bigger companies radars. This is when things could become really interesting once we are becoming noticed as a market disrupter. This won’t happen over night but at the current rate of sign ups, and with new chains being added, it will happen sooner than many think !

Good evening all, Tanya Bigdish is already working with its first last mile partner. All will be revealed on or around 31st July, along with some other ‘tasty’ news ;-)

I am confident funding will not be a problem for Dish. Aidan has spoken about non dilutive funding and it has been stated in more than one recent RNS. Aidan also purchased shares at 3.6p just before lockdown, whiles’t in the process of engaging with a tech fund in regards to future funding for the business. If he was in any doubt I am sure he wouldn’t have made that recent share purchase, along with another director of the company. Good things to come imo.

Rajeev Misra, the chief executive of the colossal SoftBank Vision Fund, has revealed the three main areas he’s looking to make investments during the coronavirus pandemic.

Armed with billions of dollars, Misra told the virtual Founders Forum tech conference on Thursday that the Vision Fund is on the hunt for start-ups focusing on food delivery, digital healthcare, and virtual learning.

The former Deutsche Bank executive said these fast-changing segments are where the Vision Fund has been “putting dollars to work” during the last few months.

“The rate of technological change that was already there has just gone more rapid,” said Misra. “We’re trying to assess new changes in human behavior.”

Food delivery

On food delivery, Misra said he’s not just interested in backing start-ups that deliver takeaways from restaurants to people’s homes. He believes that “the way we eat” is fundamentally changing and he said the Vision Fund is interested in the “whole stack” when it comes to food delivery.

“The whole food ecosystem, not just delivering food but, delivering groceries, cooking the food in (dark) kitchens, is going to change,” he said.

Dark kitchens: Where does your food delivery really come from?
Dark kitchens prepare food away from restaurant premises specifically for takeaways. “It’s about converting parking lots into kitchens,” Misra said.

The Vision Fund is the largest shareholder in food delivery firms DoorDash and UberEats. It’s also “heavily invested” in a Chinese food delivery company called Ele.me, which is owned by Alibaba