The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The American investor from the placing 2 years back that never did a TR1?
Do you think they ever existed?
DotDigital is a quality company, but when you trade on a 70x p/e you need perfection.
In hindsight shares probably ran ahead of themselves. Still positive ytd
Red flag city since day 1:
- mythical US investors taking part in placing
- Pizza Hut deal
- listing restaurants that didn’t know they existed
- pivot followed by pivot followed by pivot
This business only existed to pay a salary. How hard can it be to put together a set of accounts for a business with zero revenue. I imagine it fell back on proof of funds.
Working on a set of accounts would be helpful
Very pleased with the updates minus the xx and spelling mistakes:
pleased to announce it audited financial results for the year ended 31 December 2020.
The Board provided guidance for 2021 revenue of £10m in January 2021 and remains and remains well on track and expects the business will continue to grow across all divisions in the Group.
Love the company, but no reason to leave these results so late and get them seemingly rushed through.
Thanks newuncle. Terrible excuse, feels like hiding the numbers to me.
So much potential for this company, why wait till the last minute for the numbers
Where are the finals? Or have I missed a post stating they are delayed?
I see unicorn have appeared on the ownership register, bought 2% in the unicorn aim vct, reported on 30/04/21
I’m being lazy, but from memory the £10mil forecast revenues was from integumen so pre modern water?
So we would be expecting to beat it based on it being the two businesses combined? Or was the £10mil stated after the merger?
Sam the bad news is his name is very similar to someone who is like the Mafia over there.
If you do your research you’ll find the actual new guy
Myles McNulty is a private investor.
He also used to be an analyst at Allenby Capital, Allenby Capital being the broker for nfx.
Tread carefully around him.
Nice post cash, shame you cant apologise for all the abuse you gave jsmith over the last couple months as you ramped this to high heaven
And I’ve been warning you for about 2 years jsmith.
Strange how you leave out the part of the rns that says the letter of intent had been delayed?
Is there a reason for that fig? Or did copy and paste not work that far down
Salary not slavery! Damn autocorrect
Thanks for quoting me Js, but I never mentioned salaries. Didn’t AB agree to take share rather than slavery or did I make that up?
Also, I’m also fed up with your whining. If you felt that strongly you wouldn’t hold, and ignore your nonsense response of I’m at a loss I can’t sell.
Based on your theory you either sell now and take what you have left or watch it go to zero. But you seem happy to hold and let it go to zero. It makes absolutely no sense
Your words and your actions are contradictory.
So September 2020, dish had £156k in cash. £50k of that came from a loan, see the cash flow statement.
They had liabilities of £258k. Leaving them £100k down.
Then they have current liabilities of of £237k, but according to note 5 £207k of that relates to this nee loan.
So dish were bankrupt at the point of securing that loan. And of the £207k they drew down, roughly £100k of that was spent immediately just to keep the lights on.
Over £800k of warrants lapsed during the period. 9.5million remain at a price of 4p, most of these will lapse on Tuesday.
This set of accounts is a mess and dish by Q3 will have to start paying back the £500k loan, unless some miracle happens and the company choose to convert, these details we are still yet to have received.
Until then you can all ramp on hope. But the facts show a very negative tail and for me this company is valued at £0
Yeah so 1D they have until close of play today.
The plc website also no longer has a security certificate, expired 15 days ago
The security certificate for www.bigdishplc.com expired 15 days ago.