Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Should be some strong buying into close, as if no RNs this afternoon then you would not want to be out for Monday morning..
Contango's roadshow to raise 1m starts next week, with the 24th Dec being final
Conclusion ....let's hope they get this listed shortly.
Any views on MCAP upon re-listing?
For once the wording "Transformational for Shareholders" would appear to be spot on....
The key will be the MCAP re-evaluation of the new company and bearing in mind the
combined asset values of both entities this is likely to be many multiples of Barons suspension MCAP.
Any views on what this is likely to be ===bearing in mind our shareholding should be 33% of the
new valuation (believe I am correct in assuming this)>>>>
Shorters have been in the ascendency over the last few weeks so over negative and pessimistic viewpoints are naturally serving a purpose however I still maintain that their cash position for an aim company is a lot healthier than most on aim.inmo 2020 is covered allowing more than enough time for changes and scaling up.
The company raised 2.1m in June providing financial security until 2021...THis was in prior RNS...DYOR...
Reports of the companies demise are premature....The company has financial funds in place until 2021. Company costs are relatively small which allows time for the business to develop. Working capital requirements are covered and this for an aim business is rare.Aiden has time to get this right.A new marketing guru is now on board and with continued IT developments and the potential for chains coming on board mean there's all to play for. I wouldn't be surprised to see a major chain on board before year end, ready for JAN ,2020. Imo all to play for...
We do need to see some TM results for this area soon,,,,,
Since the SOFT launch (16) there have been no additions for over a week now....
Unless these are to be added on over the weekend //// Sanjid did state in his last
Proactive video that we would be seeing additions daily. I really hope he's not making things
up as he goes along. THE next couple of weeks should be telling
As previously mentioned let's give sanjid some slack...if we get the daily additions then the share price will rise...
I believe some people are missing the BIG DISH concept. It isn't the individual and numbers of these
restaurants that are signed up that will be the catalyst for the success of BG.
The change in strategy to slowly build in the main cities with just a few restaurants on board rather that
energetically accumulating multiple establishments is the right change in direction. Sanjid realizes that before
gearing up for national launch, the brand and operational methods need to be well established thereby
gaining recognition within the restaurant industry that the YIELD management process works.
Once this is established the opportunity to press on to MAIN chains will be where we see the significant growth
opportunities. The chains will have there own in house IT teams which will allow BIG Dish to sell the concept to the IT operational director who will be in a position to delegate to national teams. The Big Dish TMS won't be needed.
A 2 pronged strategy which SANJID alluded to in his last podcast.
The new TM has just added...now up to 7.....this should now start to have some legs
The company is still very much in its infancy, it takes time to establish and co ordinate . Better to be slow and establish a good reputation with restaurants and users rather than just a numbers game. Yes the chains will be a significant factor as well. Growth will come from recognition and restaurants approaching big dish ...
The business is likely to see an increase in growth next year following its strategic developments. The business is currently priced to fail and does not currently take into consideration its asset base and customer networks. The business also an attractive acquisition at these prices. Could quite easily re_rate to 4_5p for any number of positive developments.
MCAP is now under half the value of the cash sitting on the balance sheet...12m.THis is ripe for takeover?
Just a quick note the appeal was registered before the 15th July...maybe some answers will be forthcoming ...anything positive or even a rumour will ignite the SP...
Have to agree the last few weeks have been disappointing.However as with any business new business development is never straight toward as new territory managers have to adapt and integrate themselves into the structure. As was recently mentioned in the proactive investors interview some tms m have been changed as was to be expected but we are now back to the 10/12 mark.The real growth driver here will be sign ups through the POS system { POSSIBLE 1000) with there initial tie up.Just need to give it time to really develop. I note the share is being shorted at present but this will likely change and very quickly at that.
The trajectory of this company suggests wipe out for pi,s as the company proceeds to a cash shell and then delisting ...The BOD need to provide real clarity as to future moniterisation of its asset and quickly otherwise it will continue to be a shorters paradise and eventual collapse
d,don't forget the american listing is to be terminated...
IT really could go either way, at this price if funding is secured and interest is shown its fair to say that there is life in this yet...the next few days should be interesting.
In the event that the process is completed as per the latest Contango (RNS) then upon completion of
legal transfer of contracts then the financial institutions will be advised of the transfer of assets and the
reverse transfer should be completed. Nominee holders and Crest will be advised and the holders of CGH
Shares will be amalgamated into the new entity at whatever share denominations have been agreed.
Bottom Line- if this happens with a listing to the MAIN market in October we should realize some value for our
shares.