The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Jsmith if you really think this is going to fail why not at least sell half.
Let’s talk numbers. Imagine you invested £50k in dish, I don’t know what you invested so this is theoretical. You lost half of that on dish, you have £25k.
Why not sell £12k of that and put it into something else.
Spreads the risk, but you will still benefit from dish going up.
Your excuse of I can’t sell I’m at a loss is an awful excuse. Anyone who has read investor books or listened to podcast will know to cut your losers and run your winners.
Or you average down because you believe in the story of the company.
You seem to not believe in dish but continue to run it. It makes zero sense and defies logic.
No more “i can’t sell” I’m at a loss. You are holding because you clearly think this will still do well.
I couldn’t see an American investor either trump.
Bash so who is this £250k from?
Sorry if I missed this in a previous rns. Was this a loan from a bank?
So the question is, as a restaurant would you pay dish £100 a month to get 12 orders a month, previously costing you £6 a month?
They need to get numbers of people using the app up, otherwise why will restaurants sign up to the saas model
Sorry type, 73 per restaurant in 6 months.
Based on 50p per booking in revenue.
Yield management clearly wasn’t working so they had to change.
£11k in the 2nd half. 300 restaurants average (a bit of a guess, someone feel free to correct), means they only manage to sit on average 33 booking per restaurant in 6 months.
Clearly something had to change
Loan receivable - £257k
Who did dish loan £250k to? Did they feel in a position to do this? Seems odd
Well there we have it, there was no American investor
It’ll be in the annual report under significant shareholders.
And I’ve been waiting a year because they have never told us despite the fact it should have been disclosed
Big day tomorrow.
Finally get to find out who the US investor is who took part in last years placing..... more updates to follow at 7am
Chunky 1mil share sell gone through. That’s what caused the drop
You’d know all about that Tanya
I don’t know
I don’t know
I’m not sure what answer you want Jsmith, none of us know whether dish can pull this off. Personally I would be surprised to see 50% of current restaurants paying a fee, especially the chains.
But they may also be in the background signing up restaurants that want the all in paying package
Yes.
And dish has now hit that support level. Key is which way it moves from here
From a technical analysis point of view, seeing as trendy is no longer posting these (I’m sure he used to), dish is about to hit a support level.
If dish breaks below this then the price could start moving quickly downwards.
If however, it hits the support and bounces off it then dish is likely to rebound back up to the recent resistance of 2.4 and try to test that
I’m saying dish will be in trouble if they don’t prove the concept and don’t manage to get the $5mil.
That would be because the share price would crater on news that the $5mil has not beeen achieved and chance of raising in the market at that point would be difficult.
But I also said if they pull this off then they do well. It’s in dish hands now.
And Jay. Dish aren’t putting in $20mil.
The spv is set up to have the $5mil put into it. This is then to fund international expansion. Dish will receive 80% of the revenue generated from this whilst the investing company will get 20%
I think that’s the point trump, if they can prove the UK works and make it profitable by June then they get the $5mil to go international.
At that point in June, they convert the loan to equity and are cash flow positive in Uk.
If this doesn’t pan out then dish won’t get the $5mil and they won’t be cash flow positive, and will be in trouble.
And those of you critiquing me for wanting more information on funding, proves they didn’t give enough information.
Good news on the spv as dish will own 80% of it which is a decent chunk more than I expected (obviously if they meet the criteria)
And they won’t have to pay the loan off as they can and likely will convert to equity, not sure what price will that will be but it will be dilutive but not hugely I imagine
You’ve been listening to JW too much daz.
I struggle to see there being a vaccine in October, we never have one for the common cold so how can we produce one so quickly.