Member Info for deepjoy

Yes I am totally sure

It’s not negative it is factual as reported as recently as sept 19 and, if you can’t be bothered to delve deeper to research the claims that is up to you ... and that is actually what sucks in the like of us PIs ... good luck to all.. but confirmation bias costs money either way so DYOR

On the ‘ factually’ filed evidence to hand on revenue I concluded that FM revenue has made up the reported revenues for bids PLC and given that it was 2018 and 2019 circa the same (not profit by the way) .. I asked myself is increasing month on month claims merely reflective of FM take up on stadia etc... my conclusion was my own but suffice to say my opinion was test revenues referred to only revenues on the supply side ... do your own research is all I will say and don’t trust anyone who doesn’t reference evidence which RNSs don’t do at times

note the admin costs against reported FULL year revenues of (316k) bids Ltd dec 17- 18 ... then ask yourself if FM were involved with them at the first trading update of bids PLc where revenues were reported at near that figure and then in sept 19 revenues were reported at circa the same then why is the common factor !? Is reference to test actually reference to one client company without further signings yet ...

1. Check out the directorship history of mr draper on companies house and look at the filings history .. particularly bidstack ltd financial reporting between 2015 and 2018 ....I found one.
2. Then Look at the reverse takeover filing and listing admission document of kin and bids and pay attention to the share allocations and how they were issued.
3. Look at the revenue reporting for bids ltd for the full year ending dec18 .. and then compare that with the first trading update from bids plc
4. Then look at the revenue figures reported in sept as ‘ test ‘ revenue for this year ... then ask yourself a few questions about where such revenue had to come from and if there is a similarity

It is all factually reported in official documents and, only then make up your own mind I say from here on
In ... cheers all and good luck

whimax… they won't, I don't think that was may point but I think I could have been clearer sorry. When the next rise comes the current sellers will find it harder to sell down/out when placees may also want to. We have had the current block sellers in the market for the last eight months one way and another.. I think / hope the share will be able to rise and stick a lot better after 23rd Dec … just my view of course.

The block sells may accelerate this afternoon and tomorrow as early investors look to clear before placing shares hit when it will be more difficult. That said this presents a buying opportunity imo but I am holding off topping up until tomorrow late on.. been a frustrating year in this share.. lessons learnt for me.

mike, had 10% of my original holding left but although happy I reduced my losses this morning feel bad for a lot of investors that lost a lot more than I. The key here is what actually is the revenue and margins and without that information I concluded I was speculating not investing. It may come good and I hope it does, but no longer for me.

I am now out after 12 months … good luck to all. Not for me anymore but all the best to everyone.

ps... with their costs now known to be higher than their revenues and further expansion planned I would rule out a placing here soon .....are they talking it up for this purpose... not sure but not convinced they are not either ...

They like the word ‘significant’ but what does that actually mean? Well either way I do hope it gaps up and I will be exiting at the first opportunity to reduce losses ...hope it goes well for the rest of you but for me the goose is cooked

This isn’t revenue is it? It is ad potential spend ... smoke and mirrors again in my book

I suppose it depends on what the CEO does now... face the music, clarify and explain or disappear job done !

donotpanic - of all the fools I have come across on boards you are the ultimate... moving from one to another with absolutely not factual basis for any of your opinions... enlighten us as to why funding should not be a concern at this moment in time? go on surprise yourself?

I suspect JD will refer to the lack of market update as being because he was in negotiation with third parties which, had they come off would have negated the need to issue a profit warning earlier. As I posted earlier this week the NOMAD may have informed the exchange of the company not meeting forecasts a while ago, but this information was not released to shareholders because of the possible existence of deal(s) that, the company may have anticipated would enable them to meet revenue targets,... My interpretation of the rules would allow this sadly... It remains to be seen how he articulates this failure but I suspect this may be the explanation as it is already being alluded to in the RNS...
The question of funding continuing operations is my big concern given the company has expanded and currently clearly out of step with revenue / costs atm.... it is risky and I have taken some losses to off set this eventuality.. Good luck all but exposure is key here now.

andinio - Spot on! what we are left with here is speculators not investors based on the smoke and mirrors being spewed out.. there is time enough to make investment decisions when the final report comes out in Feb /March but in the meantime, even if they announce deals we will have absolutely no idea what revenues would even look like.... !

My perception Mr Patience is that it is long term investment and I do hope you haven't sold any.... let the SP settle down and give the CEO a chance to articulate the RNS in his own words... yes he has some questions to answer for sure but emotion is driving the market atm not rational thought so you are not alone..

This is going to be volatile... take a few days now for the market to determine current SP value.. be wary !

Reminds me of big dish ! Sadly

Chestnut... this is a profit warning and one that does not contain the words marginal or even material.... disaster nothing less sadly ...