Member Info for bonga

Neither the RMS or Pharm2Farm websites have any details or even a mention of the masks. There is a bold statement on the home page:
Remote Monitored Systems plc (“RMS”) is focused on the continued development of the Company’s majority interest in GyroMetric Systems Limited, which develops and manufactures digital monitoring and safeguarding systems for rotating shafts. The Company’s wholly owned Cloudveil subsidiary provides Intelligence Services, Security Risk Management and bespoke Management Information Systems. In addition the Company is implementing an enhanced growth strategy via the appraisal of complementary acquisition or investment opportunities. This is in line with the Company’s stated objective to achieve improved financial performance in the near term.

As the masks are not mentioned anywhere, my feeling is that they are in talks to dispose of them in some respect, perhaps through a licensing deal. In my opinion, that would be a prudent move, especially if they manage to off load to a an entity with the manufacturing capabilities at scale and with existing, open channels to market. It would not surprise me if an RNS to this effect came soon.
In the meantime, hold your horses.

Well said R1111. To add to that, this is JD's first AIM experience. You would expect hiccups along the way through inexperience. Running a listed company is not the same as running a private company. There's far more scrutiny and accountability. I think he's done a brilliant job to get the company to where it is.

@sidpanesar
I use HL and a notification symbol appeared against RMS. Clicking through it went straight to the proxy vote page. Voted and back to dashboard in seconds. Too late now but for next time.
Looking forward to this nonsense being over. Very distracting for investors but I wonder what it’s like in the business itself? The current board cannot be conducive to a decent work culture.

Well done JP for all your hard work and diligence on this. You deserve a pint from us all for this.

I couldn't agree more. I also find it beggars belief that anyone that might have invested their hard earned cash in a company would only be trying to **** it off all the time for any and at times, no reason. Obviously, if they've a heavy bet against a price rise, that's another matter and they'll probably end up with GA at some point if they're not already.
The point is that this is an early stage business with al the makings of one that's going places. Be a little patient and you'll see.

Personally, I think the perspective is this. There appears to be people here who think that because they have invested in a company, the shares should immediately make them a fortune. The reality is different. Although BIDS has been around in various forms for a while, it is only in the past year that it has brought it's act together in terms of proving the technology and the business model. If those fortune seekers knew anything about how businesses work, they would understand that things do not happen overnight. It takes time to bring in sales, become known in the market place and to establish a business as a trusted entity in its market. It appears to me and to many others that BIDS has achieved massive steps forward in these respects over the past year. Yes, in order to take further steps in securing the future of the company, there may be a further cash call, perhaps many. Again, that's normal for an early stage company. To my mind, the future looks good here.
Bear in mind though that investments in shares can go up or down and you may not end up with the money you invested.

By the way, professionally, I advise early stage technology companies. From a purely professional perspective, BIDS are on track. You should see some of the companies I come across. Often trying to solve problems that don't exist with other peoples' money and doomed to fail.

"Bids could help with getting the price of games down."
I suspect it unlikely in the short term as the studios will see ad revenues as a way to hit BE quicker and to maximise revenues from their games. Games production is now very similar to movie production. However, whilst you can thump out a budget movie in a few weeks and potentially have an Oscar winner on your hands, it's far harder to do that with games. The ad revenue will inevitably help studios to invest in reducing production times and introduce more games which in turn will help them grow and expand. What will be interesting to see now is the type and style of new games where there is more potential for in-game advertising. It's hard to sell BMWs in a Hobbit game but one that is using a modern urban environment, easy. The key thing is that Bids are now in the thick of this and could help studios to develop longer-term strategies to maximise in-game advertising. Everyone wins, possibly the punters as well if, indeed, it did have an impact on retail pricing. I suspect though, it would enable games to remain at current levels rather than to reduce in price.

Great research here on the diversity of gamers: http://features.gamespot.com/diversity-in-gaming/
Let’s hope Bids can capitalise on this.

Meeting next Friday to get rid of all the nonsense going on.
Hopefully soon, another bit of media coverage like this: https://www.pharm2farm.org/pharm-2-farm-unique-anti-viral-mask-featured-on-bbc-news/
That was possibly a tad premature but we’re nearly there.

Except the price is not moving, despite the obvious market appetite. More price manipulation.

Interesting and mirrors much of what I’ve been saying. Stop bashing JD and be patient. There’s an incredible amount of immaturity on the BB in terms of peoples’ understanding of business, especially this one and the markets in general. Listen to the podcast from about 15mins in for some decent analysis rather than uneducated nonsense.

Which is perfectly normal when scaling up, especially when you consider the market opportunity here.

Tweet this morning from Bidlievers:
"The expectation as per broker coverage was 1.5m FY2020 they hit 1.7m in revenues."
Yes, they BEAT market expectations.

Trying to top up but no quote forthcoming!

If this is a disappointing TU I wonder how you would have reacted if they hadn't exceeded market expectations?

Good riddance to everyone clearing out today. This is a minor setback. S**t happens. Especially at the moment. There is Worldwide demand for masks and this one is innovative and stands out from most. A few days longer won't hurt and won't stop them from taking advanced orders. The other thing to consider is that RMS is not a one trick pony. It has two other divisions so don't judge it purely on the potential form Pharm2Farm. You shouldn't be investing if that's the case.

I really fail to understand what people were wishing for here. An excellent trading update when you consider where the company was in the first half of last year. It has beaten expectations and said nothing to lead anyone to expect much more or less than what was announced today. I don't know what people were expecting but it demonstrates a deep misunderstanding of the business and the market in which it is operating. It's business model is proven, the pipeline is there and from now, things can only get better. With the drop today, it would not surprise me if a big player were to start marching in while it can pick up share on the cheap.

Now that everything is ready to start selling masks, they do not need cash. The investment has been made. If they need cash to service orders, that can be done through short term loans rather than further diluting the shares.

1.3m against.
There's some price manipulation going on here. It should be creeping up not down. Keep your nerves everyone.

Some massive delayed trades coming through. I wonder if they've been deliberately delayed in order to supress the price? Something is going on.