Member Info for Hitthattarget

I’m excited to see what the next few months can bring, if numbers start ticking up quickly then I might see an investment case, as I imagine will many others.

However, my query monty is you have said he should have his team assembled by end of Jan.

Now I would guess that an experienced sales person would have to serve 3 months notice? So more likely interviews would have taken place in December with team complete by end of March? Or is there a bunch of unemployed telesales staff ready to jump straight in?

Agreed - no one cares

Count, I’ll advise you to stop posting until news. Quieten things down.

Wow, I didn't realise we were only allowed to have 1 holding in our portfolios.

Thanks for letting us know Nickel.

Must have just about made your money back on the short you suggested in May at 14p.

I guess if you shout short enough times you will eventually get it right!

Thanks Art, this was my favourite part:

IPO fundraise provides firepower to advance marketing and sales
BigDish listed on the Standard segment of the Main Market of the London Stock Exchange on 2nd August 2018, raising £2.22 million (£1,837,000 net) in a placing of 49,391,796 shares at a price of 4.5p per share. The net proceeds of the IPO fundraise provide BigDish with the firepower to advance its corporate strategy, with a ramp-up in marketing campaigns over the coming months expected to result in significant revenue growth.

15th August 2018 the article was written, can you really believe anything they write now?

So you were misleading rather than lying. Yes Bidstack had no revenues in the June 2018 revenues.... what is your point?

I have posted several times in Dish, back in October and November following the misleading statements that Dish "Did not need the money from the institutional investor", whoever that is as Bigdish haven't updated the share registry.

My position, i'll admit to being a follower of JW (But I only buy those I see fit), he recommended BigDish therefore it has been on my watchlist, but not my buylist. I will never short a company, too much risk involved.

So, why am I here? As I said, it's on my watchlist and I will comment when there is an event, hence you don't see me post here often.

Glad you are back Soley, any comments on your lies re the revenue of Bids vs Dish?

Bids - £30k
Dish - £11k

Both pitiful, but Bids more than Dish. Not sure how you can say any other way.

Bigdish - £11k revenue
Bidstack - £30k revenue

Yes they are both pitiful amounts of revenue, but stating Bigdish has more revenue than Bidstack is a stone cold lie

£1.3mil in cash, minus the £205k of trade and other payables gives just £1.1mil in reality.

Monty - I don't see anything in the interims about BigDish Premium? So are you spreading insider information? Or are you part of the select crew that get fed BS from the board?

Any company that provides a small group of private investors with inside information is not one I would like to be invested in.

That would have been one hell of a holiday!

Bobs you used to play the “bids is my ticket out of here” along with Thebig. Yet when bidstack was at 30p you had the beat part of £100k in bids?

So you are either extremely rich and taking punts on bids with throwaway money. A completely idiot risking money he can’t afford to lose..... or a liar and your holding was nearer to 3,000 shares rather than 300,000

I’m not sure what the big issue here is, they have said revenue. At no point have they said profit.

When a car manufacture sells a car they put the full sale down as revenue, despite the fact they would have had the costs of building it and possibly 3rd party if not sold direct by dealer.

How may I ask is this any different?

But what I do agree on is the need to know what £10mil of revenue = in terms of profit margins

A lot of patience needed with this one, unlike REITs safestay aren’t required to pay out 90% of income, therefore growth should be a snowball effect.
The more money they make the more they can expand. The more they expand the more money they make....
NAV growth will eventually see share price growth

Who did you short with nickel? My bets are no one as that’s impossible, but I’m man enough to say you are finally right and your short call at 14p (when you first posted, not 40p) has been a good call. Congrats

Bobs. The way I see it, if I didn’t hold shares in bidstack would I buy following the news and share collapse today.

The answer is yes, I would buy the potential but know this is a punt.

Will I top up, no

Will I see, no

It’s more than a little annoying but that’s why this is a risky share. I hope people have only put a small portion of portfolios in this.

There will be a mass sell off and I won’t be joining in. This from this point on will either go bust or be fantastic. I’m willing to hold for either result

What were you expecting back?

"Progressing well, we've already made our figures for the year but don't tell anyone.......
Also, signed a huge multimillion pound contract with EA & Activision but again don't tell anyone we are under NDA's."

Some of you guys get a grip! JD we post an update as and when he can, until then sit tight and hope for the best!

I read far too often on these BB's "Has anyone contacted the management". Let them do their jobs rather than replying to investors, imagine if we all messaged him, 1000's of PIs asking for an update.

I spent an hour this morning re reading the annuals. I would highly recommend this (presuming you have all read them before).

Reading them not gives me such a different view to when I read them when I first invested. You can see exactly what JD wanted to achieve and exactly what he has.

I am now a very happy very comfortable investor

Wilson we’ve obviously been here too long.

The £300k was test revenue for football manager at the end of 2018, this was a month and a half using only 6 out of 12 bill boards. We now have 11 out of 12.

We also didn’t have any dsps when that revenue was generated.

The £26k was the first 6 months of 2019, disappointing but explained.

So the point is, if we can get £300k for a month and a half for only 6 billboards, with no dsps. What can we get for a full year, I.e. 2020?

Treat this like a game, your saved file has corrupt so you need to start a fresh, but somethings have changed.

Vox don’t exist - JW isn’t an investor (trader)

Bidstack are a small aim company that very few have heard of due to lack of promotions/interviews. They filled a placing 6 months ago at around 12p, the share price proceeds to drift between 12 &14p.

A handful of PIs have invested due to deep research and efficient screens, they understand the story and hold. Liquidity is at a minimum.

Bidstack release poor interims but with good reason. There are few sells afterwards as the majority of the company is held by staff or long term investors.

There are no complaints at the share price being 14p, this is normal, 30p is a tampers dream. The BB are empty as chat about Bidstack is thin.

The annuals comes out, Bidstack have hit revenues for the year and increased the forecasts for 2020 with profit towards the end of the year.

The share price absolutely flies, Bidstack hits 40p and holds steady, investors like myself are now buying in as the company has appeared on their radars. But liquidity is so tight that the price pushes on higher. I have an average price of 42p, almost triple what mine is now.

No one complained about the price because it was never hyped to oblivion in the first place, sensible investors bought and held waiting for JD to deliver which he did.

What I’m trying to say is you are all only ****ed off because of how high the share price was, story hasn’t changed.....