Member Info for Hitthattarget

This will be the last response I have to BIDS on this board, come over there if you want to discuss. This is for Dish where you never answered any questions:

When did Bids list
They did a reverse takeover in August 2018, so same time as Dish IPO's

How much are they spending a year
As at the last set of accounts they were spending £5.5mil a year, this is likely to have increased due to higher staffing since the year end.

What have they achieved
They have got on board with the IAB
Are in a handful of games (disappointing it's not more). Football manager, Grid, Dirt.
Secured an acquisition of pubguard via shares, which provides security to the advertisements
Got an advisory board being paid by shares, filled with some of the top profiles in the gaming industry
Run several case studies with Unilever, subway etc, all on website
Had Lumen Research come in and run reports on the strength of the adverts.
Got on board with several big ad agencies, Trade Desk etc.
I'm sure there are more but that will do off top of my head

What is there pathetic revenue
Revenue was just over £140k. Which is more that Dish, but I thought revenues didn't matter in these start ups?

And yes, they have missed their revenues targets (massively), which is disappointing and hence the price dropping from 40p down to 6p, and basically missed every target they have set. So again similar to Dish.

Now, that is how you answer questions on a company Tanya, you should learn how to do it for Dish.

So Dish are testing takeaway, but you kept banging on about competing with Deliveroo? Deliveroo do Delivery, not takeaway.

Well if you read the accounts Tanya I’m sure you will see where the money goes, same with dish

Both bids and dish were ramped by JW and share price follows similar pattern.

I bought in at 13.55p on the 5th April 2019. Have ridden it all the way up and all the way back down, biggest mistake was not taking any profit when I had some. I know this is a mistake people made on dish as well at 9p.

They are different stories but very similar in some ways.

I’m happy to take the risk to reward ratio for bidstack given its sector. At the moment on dish I feel the risk to reward is too heavily weighted to the risk department.

Other people may feel comfortable with that risk hence why they’ve invested but I’d like to see some of that risk disappear first.

And when the financials came out in December dish was already hovering near 1p, it still dropped 13% on the day. Looks like 1p is the base.

So, if the share prices rallies on hope and additions I could see it drifting back to current levels, or nearer to 1p.

It all hinges on how the restaurant industry copes when it reopens.

I’m more than happy to buy at a higher share price once some of the current risk is off the table.

Tanya? I have another username? So what makes you work out that one?

I’m currently invested in bidstack, as you’ll see I post on there. Most of my other public companies are small cap and not worth talking about on billboards.

The rest are private companies, again not billboard talk.

I like dish, I like the tech. But I don’t think delivery will work as I’ve previously explained and there are currently some hurdles, funding, accounts and lockdown.

As for a tech tie up, I don’t think dish has enough to offer in terms of restaurants for that to happen yet. Jsmith keeps talking about 1,000 restaurants and I think that will be a milestone that will get dish a bit more recognition on a larger scale.

You’ve been here 5 minutes whereas I’ve been commenting adhoc on dish for over a year, (first put in dish direction by JW).

So, I would suggest your ridiculous ramps go find somewhere else as you clearly are here for a quick trade

Well Tanya I’m countering the “once lockdown ends this is gonna fly” argument, with one that says there are two milestones before this can start progressing, and that is accounts and funding.

Once those two are cleared, if Tom can keep up the restaurant additions then yes I would expect a re-rate in the share price, alongside an increase in dish being a mainstream name so you can see revenue coming through, as well as this mysterious additional revenue stream, whatever that may be

There will be bumps in the road, the funding and when the accounts released, share price will fall on this.

But the progress Tom made pre Covid was excellent, I just don’t see any positivity until the bad news of the full year results are out the way.

And before anyone says “revenues aren’t important”, I understand that, I’ve invested in enough tech start ups to understand that, but I guarantee you the market will not like it.

Potter, I can see the delivery and am confused by it:

First of all only a handful of restaurants
Delivery radius of 3 miles. Delivery fee of £2 for first mile and additional £2 for succeeding miles

Followed by:

You may lose up discount and reservation if you are more than 15 minutes late?

Is this delivery, is it takeaway?

Is the food going to be any good?

Are all restaurants going to do this, I presume it will be only the curry houses, chippies etc.

A restaurant with no delivery service would need to invest in the infrastructure to deliver, I’m sure restaurants aren’t spending money right now.

I can’t see how this will work and no one else seems to have any idea either.

How is this going to work? They aren’t delivering so can’t compete with deliveroo.

That would mean they are going down the route of just eat, but not confirmed.

So..... just eat allows them to sell meals at full price, but giving just eat a cut and then delivering themselves.

Dish will take the 50p and make the restaurants discount their meals and do the delivery themselves?

I’m struggling to see the appeal to this?
Any thoughts on how this would work as nothing from dish themselves yet.

Tred?
Interesting to see investec have 4%, will see if I can find out which part

So TW, said in March placing imminent, again in April. Now in May saying bids is on deaths door

The most annoying thing is when bids do a placing, TW will post “I told you a placing was coming”

But I guess a stopped clock is right twice

Spero the furlough situation is a strange one.

Do we therefore think that restaurants will stay shut until October? Rather than open and struggle to make profit due to social distancing?

Better to be quiet than have serial ramp and deramper posting crap. At least I only post informative negative information

Mr nation, are you serial ramper count in disguise? He used to make ridiculous claims constantly

I like that post Sam, £500 tops up, that is a realistic number.

Not the I hold 5million shares Trump, looking forward to that TR1 when you top up big, or will you make sure you end at 2.99% so you don’t need to issue one.

I’m with girdz on this one. Whilst grid 5 is good we need to see new developers.

Activision would be good if the cod link is true. There is an esports competition on at the moment so would be good if bids were involved in the later stages of the comp once qualifiers are out the way

the only ramper who has said anything insightful is stafford the rest don’t have anything to say

All the big companies have recently raised money without offering existing shareholders anything, it’s common practice. And in most of these instances the PIs have moaned but equally have had chance to buy cheaper in the open market.

I personally wouldn’t take part in any issue anyway, I have my exposure to bidstack and wouldn’t want to increase this.

Yes and when I provided you facts and figures from past rns’ and past sets off accounts, showing the placing last May was used to pay off the ipo charges, did you discuss?

No, you ignored it because it didn’t fit your agenda