Member Info for Bottmzup

One thing I think people have forgotten here is that Bigdish`s discount offer is based on the restaurants being able to fill times of day that are not easy for them to put bums on seats ie out of prime time, empty restaurant time, the times that most diners do not want.
Have a look at the time slots available in Brighton for example, virtually all of the first 20 offer 11am - 5pm but only a few offer the 6pm-9pm slot, others only offer 10pm - 1130pm and others only 11am - 2:30pm.

While being a novel and unique idea, by its very nature it limits the amount of diners taking up the offer for time constraints reasons, and it will take a long time to be able to judge whether the model is working, and whether the customers paying their 50p to Dish are sitting in sufficient numbers to keep the restaurants interested enough to not just fall by the way side.... like a not insignificant number of them did last year.
The share price got a bit ahead of itself, and at a macp of £10m it already priced in a successful model, but the proof will be in the number of bums on seats, not throwing locations like Bushey (eh? where`s that!) in the mix, alongside Essex, and Cambridgeshire..each of which have.....you guessed it, 1 restaurant!!

We all know the results, it was mentioned in the late Dec ....

While all of the Company's revenues for 2019 are expected to derive from programmatic advertising spend, which is growing month on month, they are not expected to be significant.

We`ve already had the reaction to those results, so why are people still thinking its going to be a shock?

By the time the number details are released down the road we may have had a broker note for guidance, 3(?) household name games added, a Plan A upfront payment deal announced, and some patents signed off.
These events would render a low revenue number `back in the day` largely irrelevant, in fact I would go as far as to guess that JD is planning to do just that with one, or two or more of the above

Yep, its risky, but so are just about every other AIM stock, some less than others obviously but a risk none the less.
The difference here is the gihugeamoungous potential. (new word for OED?)

Some of you on here might remember a company called NXT years ago, they made flat panel speakers and were going to take the market by storm! They too were a `disruptive` technology, but the only trouble was that they were trying to take on the likes of Panasonic and Sony etc to change the way speakers were made, and with all their patents it was a big story at the time....at one point there Mcap was over £1Bn! They didn`t have any assets other than patents. They went down the pan along with my considerable investment, lesson learned.
With Bidstack they are also disruptive, but the difference is that the target market welcomes the disruption because it is win win win all round.
Win for the developers because they vastly increase their advertising revenues, win for the ad agencies because they also increase there turnover of ads in games, and win for the players because the adverts are natural within the gaming landscape, so don`t interrupt their interaction with the game they`re playing.

The potential for making cash 24/7/365 while they sleep is what makes Bidstack different, and once its fully functional `end to end` it can take over the world of programmatic native in-game advertising, the go to one stop shop!
Thats why its exciting.
#This Is Just The Start

UK rollout RNS 30th May 2019.
The Company now has over 150 restaurants on the BigDish platform which are predominantly independent restaurants. This is very encouraging when compared against platforms which have a majority of chain restaurants. It gives the Company confidence that its yield management platform will continue to be well received by the restaurant sector throughout the United Kingdom.

So they had over 150 restaurants at 30th May last year, and pulled in £11,800 for the 6 months to the end of Sept!

No wonder the market sees a Mcap of £10 overvalued.
And for someone to claim that 375 restaurants will value the company at £37m is.....well you can fill in the next bit yourselves.

Good one swervy, I tried to laugh the second time but it just wouldn`t come out, thankfully the market has now forgotten about that.
Maybe the market is thinking along the lines that the more days that pass without some good news the closer we are to getting some.

https://fee.org/articles/why-video-games-are-poised-to-overtake-the-entertainment-world/

Firstly, don`t instruct me whether I should keep posting my views, this is a public discussion and I`m as entitled as anyone on here to keep posting my views....as others have been entitled posting every 15 minutes of every hour, of every day, of every week for the last several months.
Secondly, I have been studying and including charts in my analysis for many many years, and don`t need your advice on daily stochastics, or obviously any other feature of technical analysis.
Stochastics is a momentum indicator, not a lagging indicator, so it has relevance as to the direction of a stock. Its not a backward looking signal, so thanks for the warning about being careful, but you don`t know what you`re talking about.
So I would respectfully suggest that `you` be careful, with your misguided assumptions.
They can be expensive.

Yeah I`ll buy, at 2.00p...a more realistic valuation, but only because the traders will buy at that level for a decent rise because the traders know that the fools will pile in at that level.
This company is in a serious financial position. It is a very high risk punt at this point in its history, the market knows it, and Aiden knows it, thats why he is trying everything to address the situation ie increase the locations ahead of the restaurant numbers.
Its a smoke and mirrors tactic to make it look like they`re a competitor....while all the time Aiden wants to fund his Firetree Chocolate ambitions.
Bigdish are starving, the income will not support the model. The competition will deprive Dish of their hopeful aspirations, and the best they (dish) can hope for is that someone takes them out for a few pence.
A £10m valuation is not valid at this time, and the smoke and mirror tactics are not fooling the market.
Don`t follow what I say, follow what the market and the chart says..and the market says....nah...not yet!

Tell me this chart is positive...a break down of the 80 level on the daily stochastics (the green circle) is not a buy signal.
https://www.tradingview.com/x/JZR5yZzr/

Ironically, he was the one who ended up being the troll on the other share discussion..which he doesn`t hold!!
How laughable is that.

Ha ha, you think thats going to stop the market from evaluating Bigdish`s share price?
This is the guy who followed the bully in chief over to another discussion claiming I was a troll here and didn`t own shares, but when I proved it by selling on Friday he didn`t have the guts to apologise!
Says it all.

Ok, so you`re the intelligent one, you explain to everyone why the buyers dried up on Friday, and have definitely dried up today?
One of the savvy has just sold 560,000 shares at 2.55, is he/or her also an amateur?

No buyers agian, and not likely to be until the share price reflects the current realistic value at 1.8p - 2p.
New locations with `1` restaurant do not bring enough revenues in, and 50p per head is not going to do it in the locations that do have more restaurants.
The model is flawed, in that the puny income is not going to be enough until a tipping point in the thousands of restaurants.
The strategy of increasing the locations to make it look like a bigger footprint is not fooling anyone, least of all the market, the market is not stupid, thats why the buyers are thin on the ground.
And the stalling of the rise usually means only one thing...downwards!
Sell while you can, and buy back lower if you believe.

Then there`s Sanj`s CEO remuneration from Sept 30th until he was bumped out to make room for the new CEO...and the payoff they most likely had to give him.
He then entered into his consultancy agreement at some time in early December.

Also two `boots on the ground` territory managers retained, but haven`t yet said how many telesales personnel are now employed at.... c£600/week?
If they already have 10, the number that Tom achieved his results with roughly 100/week, then thats also £6000 per week in wages.

Very tight cash burn how ever you calculate it, and not worth £10m...yet!

They had £1.3m in bank 4 months ago, and claim it will last them `until` Q3...so end of June. Thats 9 months to survive on £1.3m...so £35k per week.
They threw away the money that was spent on the territory managers, now they`ve bought in Tom Sumner...not cheap, the telesales recruitment, costs of premises, the team in Asia, Aidens big money wages, and they still haven`t appointed a new NED to address the Corporate Governance issues, as mentioned in the RNS regarding their misleading statement of 30th May `19...they said 6 weeks ago that...
`The Company believes it will benefit from having an Independent Non-Executive Director as part of the Board and is currently in discussions with its advisers regarding suitable candidates.`
Money going out in many directions with very little coming in, thats why the market isn`t convinced that they are currently worth £10m.

They need funds, and soon.

Also had a top up this morning because sp is still holding above the placing at 7.25....ie no real dilution. Happy for the new investors to have a wee discount and no wonder it was oversubscribed. The company only wanted £2m but the extra interest meant they were more than happy to let the extra interest be filled.
Fully funded to breakeven now and any further installations will go straight to the bottom line...cash machine!

Previous placings have been used to stockpile the headsets...they`re not free!!
Now paying off with revenues, and these new funds will cover the 36 seater theatre at MGM Mandalay Bay Las Vegas. A company name that big getting fully committed is a massive endorsement of the `experience`!

chancers, according to helx he held shares all the time he was talking them down, so which bit about listening to him are you referring? If it was the bits where he said the sp would fall then he should have listened to his own advice, and so should you.
Bit of a mute point really, we can all say one thing and do the opposite.

https://bdaily.co.uk/articles/2020/01/15/vr-specialist-secures-london-eye-contract-in-2020-growth-drive

This was after the company announced their confirmation of Q1 2020 installations RNS on the 15th Jan.

https://audioboom.com/posts/7486798-immotion-group

All you need to know about the latest activity from the horses mouth, not me, or anybody else that posts on here.
Martin Higginson explains why the placing will enable IMMO to expand their worldwide footprint to the point that new installations will provide profit which will go straight to the bottom line.
And later in the year they will be launching a new experience of living with Dinosaurs!

Just been on the website again for a little weekly roundup, and after having to reduce the page down to 67% I could finally see the full list, so its clearly a priority to be able to say to potential funding investors that `we have x amount of locations where we have a footprint`....while overlooking that, 1. the punters can`t see all of them even if they looked, 2. most of the new additions in 2020 have one restaurant in those locations so unlikely to excite the locals, and 3. quite a few long listed locations like Swindon, Exeter, and Taunton still have the same low count of 1,3 and 2 respectively on the website and app, hardly convincing.

50,000 downloads on the app means very little really, I`ve uninstalled it 3 times and downloaded it 4 times because it kept crashing, and I live in Devon, where they still only have 1 location with 3 restaurants.

Not many people in the UK have heard of Bigdish, I`ve mentioned them when I bump in to people who ask me about how the market is going, and more than a handful of times I`ve had the reply...`who are they, some sort of satelite TV provider?`And before somebody says `but you`re in Devon` I also spent a week in Milton Keynes after xmas for family reasons and none of my relatives, or their children, had ever heard of them either, and btw we went out 3 times during the week for meals and all three restaurants were packed!

Its clearly a strategy to increase locations, for some reason...look at Liverpool, 2 restaurants!! really...why?

So after looking at the new locations it turns out that there are 22 new ones this month as far as I can make out, and a total of 39 locations.
Of the 22 new ones, 7 have 2 restaurants, and 15 have 1!
If when those that have heard of Dish decide to check their local area on the website or app they find out that they only have 1 or 2 restaurants, they will probably dismiss them as a non runner with a plan to check back in a month or two to see if they`ve added more.
The clock is ticking on the cash burn here, and Aiden knows it, hence the strategy of trying to fool people in to thinking that they have a bigger footprint than they really do.

As QuickQuck will now realise, I wasn`t trolling any stock, I held Bigdish, which I proved by announcing my sells yesterday before I sold. So just making things up, as these desperado`s tend to do to make themselves look foolish.
He and others are getting desperate about the dish cash burn and it shows with their made up claims and insults to anyone who dares to mention it.
Normal BB stuff....mostly.
Apology accepted QQ