Member Info for Jimmy_Stocks

They are a start up tech company. Are start up tech companies ever profitable in the building phase? I think not. Revenues need to now keep growing at the rate they have been.

Bids will of course need funding. The question has always been at what price and will big new drop before. That's the gamble in the short term.

Long term, it is clear that the market is coming to what bids has been building this past 3 years.

Thanks for the summary Bottmzup.

I did reread the May 20 AGM statement and just to reiterate my previous post - 'In addition it is working hard on the streaming platforms which the Directors believe are likely to be major players in the future of high fidelity gaming and to capture the extensive secondary viewing market.'

My guess is this is where a big chunk of the technical resource has been and is continuing to be spent.

I also think this is what is being alluded to in the 1st Feb Results RNS when they state - 'Bidstack's strategy will be to concentrate on the appropriate implementation of its technology even if this is at the expense of some short term opportunities.'

Courtesy of Cramond on Bidlievers - https://www.campaignlive.co.uk/article/dentsu-unveils-specialist-gaming-division/1700009

There seems to have been a lot of crossover between competitors early on in this space, but Dentsu do not seem to have any links to anybody else other than Bidstack. The below quote is very interesting:

"DGame will offer Dentsu clients services across gaming, streaming and esports"

Which I am reading as Bidstack will offer services across gaming, streaming and esports. So the clues out there that bidstack were in testing with the Google Stadia platform, together with links to Amazon / Luna / Twitch through a number of employees (and the advisor that has never been spoken of), maybe the streaming platforms are what bids are waiting for, to really kick on.

Ad revenue will help plug the gap of not selling individual games for £50-£60. Gamers also more likely to accept Ads when they are paying a monthly subscription.

Not to mention the obvious links between the 2 secondary viewer platforms, YouTube and Twitch. Whoever cracks that egg open is going to be a very wealthy company indeed.

Codemasters and FM are long term relationships. Yes it is not impossible they could lose these clients, but I don’t see it likely. Much more likely they will keep these and new games come onboard. You would expect more from Ubisoft, now a foot in the door with some obvious candidates, Watch Dogs.

Agree placing should be done ASAP. Unless they have significant news in their back pocket.

Pure speculation but I think they’re cooking up something with Luna/Twitch. The advisor who works for Amazon has been kept very secretive.

Importantly, I believe much of the hard work is now done technically. They just need to fully capitalise on selling the digital real estate at their disposal, and add more games.

I’ll say again though, if they can achieve what must have been £400k+ in Nov and Dec on low fill rates and minimal games, even a small increase in fill rates on same amount of games and you can see the potential. Frictionless scaling up of the revenue.

Agreed. Forward guidance was what the market was expecting, and what was needed, but we got nothing. Easy to see why sp tanked based on that.

I think it was bad comms (not for the first time) rather than no progress projected for this year but time will tell as they say.

What many are missing is how frictionless the revenues now scale up. If fill rates are currently very low and their inventory (games) are only a handle currently, imagine the revenue potential if either or both fill rates and games increase.

Resources have been towards building the platform from scratch. The hard yards are done technically. Now it is about adding games, increased fill rates.

Technically they will still working on integrating into the new streaming platforms, and along with that secondary viewer tech. Wildcard being the secondary viewer. Whichever company cracks that is going to be worth alot of money.

Also pivot into gaming was 2017 (?) and they have spent the past 3 years building the platform from scratch. So would be a narrow view to judge solely on revenues to date. The platform wasn’t built so how would they generate revenues from something that wasn’t there?

Judge revenues over the next couple of years by all means, as the heavy lifting technically looks to be nearing completion.

Stock market looks forwards, not back. The end

Total transparency, I want in here but think Bitcoin will have at least one sharp correction. When it does I will be in!

Impressive. Does he post on bidlievers I wonder?

I have to agree with tredcareful on this one. Losing neutrality cuts off plenty of the future growth opportunity, be it on the game publisher or agency side. This is a net new ad category, which in itself opens the possibility for a new advertising company(s) to arrive and establish itself. It will in fact lead to at least a handful of companies doing what bids do establishing themselves imo. This isn't a crowded market, it is new empty runway.

I get the argument for them being brought out, but just because a bigger fish wants the tech doesn't mean it is going to happen, unless a company is prepared to pay top dollar. Bids have plenty in their journey to go before that happens, to mature the value. Listing in the US similar to Miri and get another 12 months of exponential revenue growth in the bag being two that spring to mind. Bids is more than just the tech aswell. They are the glue between the DSPs/brands and the game publishers/studios. You will hopefully be able to add in secondary viewer to that further down the line aswell.

As per broker note released March 2020, which of course you will have read and will know the following only too well, revenue targets were as follows:

2020 = £1.5m
2021 = £9m

Geddit?

When they release numbers for 2020, I expect they will update forward guidance also, which will include whether £9m is still the revenue target for YE 2021. My guess is the target will remain the same, as they will want to exceed expectations again 2 years running.

Nobody has mentioned £10m other than you keep mentioning it. And what has somebody randomly stating £10m on a bb got to do with bidstack.

The broker note in March last year forecast £9m for this year 2021.

You clearly know nothing about a company you keep feeling the need to post about. Unless you can demonstrate you do know something about the company? Anything?

You've held a share for 5 minutes and then sold. Big deal, wippdy doo, would you like a balloon?

None of your questioning is specific to bidstack, just general what goes up must come down talk. By that logic no share would ever increase long term?

Say something specific about bids. Demonstrate you have bothered to research the company you are sounding off about. Then your views might hold some weight. Might.

None of your questioning is specific to bidstack, just general what goes up must come down talk. By that logic no share would ever increase long term?

Say something specific about bids. Demonstrate you have bothered to research the company you are sounding off about. Then your views might hold some weight. Might.

Fursake I take your point about the rampers, but the thing is they are unavoidable. Rampers will flock to any share seeing an uptick in the share price. They are hard wired to seek these opportunities out.

The time to get out when rampers arrive is if the company becomes overvalued and/or it is a short term pump and dump. Bidstack is neither overvalued at £50m nor this being a pump and dump. A big buyer has been loading up is what it seems to me, and with fair reason, given bidstack have indicated their platform is getting close to being fully operational, having executed on the significantly 2nd half weighted revenues. The 10%'ers have then jumped on after. They always do, every share. Unavoidable.

Mr micky been invested for an afternoon, now he's an expert, foaming on about dot com booms and 'when I was a boy' stories.

We've all been here a long time micky, we know the company, we know what we're invested in. Do you?

However negative people are, it won't matter a jot to the final destination.

Bids are not finished with building out their platform. They need to add:

1. 3rd party verification of the tech
2. Ad Category recognised in it's own right
3. Add more inventory (more games)

When 1 and 2 happen, this will unlock 3, and imo will unlock the likes of FIFA. Why would EA not monetise those ad boards? They will. And all the evidence points to bidstack already working and testing with EA (for a number of months that we are aware about, therefore probably longer). Codemasters acquisition adds further fuel to that fire.

SO...when the above 3 happen, forget about multiplying any run rate from Nov/Dec 2020 and coming out with the likes of £4m/£5m revenue. There will be a step change in revenues.

NOW...they need to hit approx. £20m revenue to break even BUT this will scale up very quickly, once they have those 3 jigsaw pieces in place (none of which will be far away now).

Investors won't care about them not yet being in profit, when the revenue is scaling up so quickly. Anybody that says otherwise is talking hogwash. Investors pay a premium for growth. No big tech company was in profit while they were building out their IP.

This is not a pump and dump as some of suggesting. They are building out a new ad buying platform for video games and are not far away from completion now. The Trade Desk for gaming.

And that isn't even mentioning Secondary Viewing tech potential, or the other opportunities they alluded to.