The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Okay, so dish to go is dead
Dish is now a venture model, they provide their tech in exchange for equity in these companies.
This is a long term strategy that could take 5/10 years for these small companies to list or create value.
Now will dish keep the lights on in the mean time?
And it’s just the usual jam tomorrow from dish.
Over promise and under delivery should be their mantra
Nice rns....
Jyee they can convert to shares but we have never been told details of the loan facility such as the share conversion price. Could be at 2p, in which case why would they convert? Could be at 0.5p in which case no brainer.
All information an investor needs to have to make a sensible decision on this company
First of all you can’t short dish.
Secondly, I wouldn’t want to short at this level, all it takes is a bit of positivity on funding/venture and this share price will fly.
You’ve been here 5 minutes, I’m just speaking to JS about him “helping” someone, because he’s never accepted any help previously and he’s massively contradictory
So Jsmith you said this to radika:
Tried to help you buddy!
Does that mean you sold out on the spike?
Or are you trying to help someone else without helping yourself?
Also, ignore the ramp brigade, they will pump pump pump, then be gone in a flash
Jsmith. How did they get away with never disclosing the institutional US investor in the placing in 2019?
Yes it is the US investors job to fill out the TR1 but do investors not deserve to know where this money came from?
Now you are in the exact same situation except with a mysterious European Investor.
I’d like to see some more information when the interims come out at end of December but I doubt we will be told anything
The venture builder would be dish supplying the tech to private companies/startups and in return receiving a stake in the company.
Think of it like Dragons Den, except rather than giving cash you give tech.
Now, some of these businesses that you give tech to will go bust and your return will be nil. Some of the business could go on to be huge, and your small stake in the business becomes quite lucrative. But this will take years, and by years I men’s 10/15/20, this is a real long term plan.
If dish go down this route then they need to be well funded, you would have a portfolio manager and a team that gets involved in the startups.
Have a look at Augmentum Fintech as the nearest, listed example, there are few and far between them for a reason
It’s down to the company who provided the cash to decide if they convert or not. Dish can’t turn around and say “we have no cash, please convert”
We never heard any details on these loans. What is the interest rate, what is the convertible price, if it’s let’s say 2p then why would they convert?
Poor from dish not providing the level of details shareholders deserve. Should be in the interims when then come out end of December
It’s only a roulette wheel if you buy the junk in aim.
Aim has a lot of decent quality companies, but also a lot of trash.
Never understood why dish got a main listing, at least with aim they could have raised capital easier, or should have just stayed private
Interims will show the mess of balance sheet at end of December. The cost of getting rid of the staff and closing the office in Philippines.
Then they will try a placing to get some cash on board, fail at this and then get bought out for peanuts by the company willing to invest the $5mil. Buying the tech for cheap without having to give away 80% of the business
Have to agree with you for once trump. Tom leaving must have been on the cards for months and kept quiet by dish. You don’t cofound a company that quickly
Lol, 1st time posters all over the place
Seriously sam....you believe they ever invested in dish.
Isn’t LAC ventures part of bishop?
Can’t remember now
Not sure you can “secretly sell” would be issuing TR1s if he was.
But that’s unlikely.
Aidan will keep this mess going for as long as possible. Placing maybe?
Magic American institution
Loan where they don’t disclose interest rate?
This will drag on for a while longer
It has a loan JSmith. It would go bust, pay back the creditors and shareholders lose all money
I think at this point it’s as high a chance of losing all your money, as it is of doubling it.
JS I don’t understand you, telling daz it didn’t smell good but still you invest