Member Info for Jimmy_Stocks

Just listening back to the Vox Podcast 7th May:

https://podcasts.apple.com/gb/podcast/1368-bidstack-live-company-group-and-phoenix-global-mining/id910474791?i=1000437407863

Some observations and speculations:

Leaked placing = sacked broker = led to the reason why certain market commentators have been gunning for Bids recently? Just speculation but seems to add up to me.

Pete Beeney - has connections with WPP.
Will Kassoy - connections with Activision Bizzard

Stadia - unique feature of being able to watch your favourite gamer on youtube or twitch, and be able to pause their game and pick up and play yourself at any point. Wouldn't this week be a great time for Bids to announce something linked with a secondary viewer platform.

JD also said Intuitions were involved in the placing of £5m. I've seen a few times on the message boards, people saying what we are missing is investment from Institutions.

He also says about a trade agreement, and give the example figure of £4m. I know it has been speculated before here but could this type of agreement be what we have with DAN, and this is the reason why he is so confident on hitting the £5.7m?

He did also say when giving that example that we might get game publisher deals also at the same time. Which obviously haven't come. Yet!

Roley appreciate your thoughts here.

Would you attribute any value to the First-party data bids will be collecting and holding? And would Bids valuation be based solely on revenue alone?

Have to say I agree with Hived off below. £4m would be proof of concept and this would fly.

Sorry bob, not true at all about planning ramp campaigns. Hehe you are a funny one. There will be plenty who read/post here and in that group who will know, so just silly for you to claim anything else. To think up an excuse like you left because people were planning ramp campaigns is pretty funny, gave me a chuckle :)

You have a soft spot for SG obviously, hence why you were trying to shut down discussion here. Nothing wrong with it, it’s your opinion but no need to tell porkies old chap. And just btw I have you on filter because I don’t have much time to read sometimes and want to cut through the chit chat, just want bids news/research, nowt personal (even if you did hurl abuse at me). Certainly no abuse and tantrums from me if there are disagreements of opinion. Best to be civil

For me bcfc it depends a lot on what where we are, hard to say what I’d do at this stage. For instance we might be over £1 and be undervalued, once cat is out the bag with revenues. I’m massively overexposed so I will derisk some at some point, but if they keep delivering at the rate they have this past 6 months, i won’t want to sell too many in a hurry.

Baking, if we as shareholders can’t get excited by the glaringly obvious links to EA, what can we get excited about? They can’t release official news every day can they, so we fill the gaps with speculation. The links are obvious though. Pubguard, new advisor, JD mentioning on podcast their I think CRO (?) and now the nfg shirt sponsor. Not to mention JD target of biggest media owner in the gaming world. Which would need EA onboard to achieve. Just buy back in and relax, this is on the up.

Baking, you are talking your book. It sticks out like a sore thumb. You've sold off some, my guess in the last few days rather than when you said, based on your posts. It's ok, everybody talks their book. Just admit it, stop pretending haha!!

Alot will be in the same boat. They have sold and are waiting for the slide to stop to get back in. Pretty much what JW has done, although he did it much earlier. This is going to be one hell of a bumerang when the herd all tries to get back in at the same time. And if big news drops aswell? Oh baby

I'm sure he really appreciates your opinion trader250, but I think JD is doing just fine on his own volition, given his track record of building this very promising business to date.

I did say 'make your decisions based on all the information out there'. If you do not think £5.75m is possible for h2 here, then my guess is you have some gaps in either your knowledge and / or research as to what exactly bidstack's proposition is. I'm not going to waste my time spoon feeding this to you, it's all out in the public domain. GL

Agree. And it is a leap of faith, but you make your decisions based on all the information out there, in addition to 'reading between the lines' when James speaks.

People waiting for revenues before jumping in will be paying multiples of this sp. It is not for everybody's appetite of risk, with the not knowing factor, and I do think this recent noise from the Share Prophets crew has been well orchestrated, but I'm not buying any of their spiel, and have placed my chips ALL IN.

Agree 100% Martb and Bottmzup.

How much better the adfvn board compared to 95% of this drivel. Making my eyes bleed, need to stop reading.

Thanks for the input Calamari, agree. I think those estimates are fair enough.

Sorry I should have added

50 employees 6 month cost = £1.25m
Office / Rent = £240k

So I am wondering where the shorters propose BIDS are going to burn through the remaining £4.5m. Unless I am wildly out in my estimations.

Interim Results:
Cash position £6pm
Employee number 34

Looking at LinkedIn, it appears current employees approx. 50. Let's over estimate this and say 54 current employees. So an increase of 20 employees so far for H2. Again rough approx. but say half are UK based, half Latvia based.

UK Based (and 2 US) new recruits seem to be mainly Sales staff. These will attract a basic salary, but will be part commission also (you would hope). Lets be generous and assume these 10 staff are on a basic of £50k.

Latvia tech team. I don't know what a techy would earn in Latvia but again lets be generous and assume £50k p.a.

20 additional staff @ 50k p.a. = £1m (half year cash burn £500k)

Add in recruitment fees, lets say 12% fee for say 15 of the new recruits = £90k

So the above are employee numbers. Other augments (from so called experts, we all know who they are, who after reading up on their background thanks to the advfn board, have a track record not to dissimilar to the TITANIC) for cash burn are the Offices.

I haven't visited these myself, but from what I have heard these are not lavish, nor in particularly expensive locations.

Total 50 employees, many on share incentives but lets say an average salary for a bids employee is £50k = £2.5m p.a.

Commercial property / Rent = finger in the air guessing approx. £40k per month for the UK and Latvia premises = £480k p.a.

Please anybody jump in if I am way out in my estimations. And also fill in any blanks, as I realise other costs will be incurred outside of Staff and Rent. From my understanding, the main arguments that this pack of shorters seem to be pushing are:

1: £5.7m end of year target will not be met
2: Cash burn from staff and offices will result in another Placing

They are assuming the £5.7m won't be met because they do not understand the nature of what BIDS offers - 'frictionless scalability'. Their mentality seems to be based on the run rate for H1 - £26k, and they are not acknowledging that this was in Test phase, but also our advertising real estate is now (or very soon to be) available on Trade Desk, App Nexus and Dentsu. An analogy of this change could be seen as going from selling your product at the local market on a Friday in H1, to switching things on in H2 and having a massive warehouse full of unlimited product and selling it on Amazon.

I'm up early this morning for a Sunday but hopefully the above can create some useful discussion. And as James0309 says below, don't feed the troll just filter IT.

Justin Waite said he missed some of the NFX gains because he had 'scaled out' and derisked'. So on other words Justin, or even better, in plain English, you're a TRADER then....

True Bones on the Audit committee and nothing against you, but was just responding to Calamari aka deramper, who claimed all shareholders were expecting DW to address TW.

DW is a big fish. Bottom feeders just wouldn’t be on his radar.

I disagree. Other than Bones (who no offence, thought DW was an auditor) who else was expecting somebody of Derek Wise stature to comment on these share profit posts of he said she said? I'll tell where - NOWHERE

Calamari - sorry but it is laughable to think that Derek Wise has even heard of these jokers, let alone to even comment on it.

Why this nobody thinks that anybody is answerable to him is beyond me.

'Our Unreal Engine and Unity SDK's are now in the final stage of beta testing before launch into live environments.'

From the Results RNS Bones.

Good post before btw, I agree and hope you are correct!

In the last podcast JD was asked where this business could be in 3-5 years, he said potentially growing into Trade Desk size. Which is an additional x4 on top of the x20 by my approximation. So I'm not sure he has been asked to temper things myself. He talks very well and is the best CEO I have come across from all of my investments.

I agree it is slightly frustrating that RNS's have not had an affect on the SP but I personally think that was because results were looming. Any RNSs that drop from now will see us back into the 30s and beyond imo.

Plenty of testing going on. Unity and Unreal are the 2 big fish to land and we are testing with both. No doubt in talks with more DSPs. Who knows what they have up their sleeve with regard to eSports. Mobile gaming element to Bids offering could sneak up on us all and be the biggest earner for this company. Behind the scenes I have no doubt that the rocket ship is fired up, heat and pressure is building fast, ready for take off.

JW has covered bids a lot, and so it is only natural he is going to be discussed on here. Wouldn’t say it was obsessing. Better than discussing the weather, or other unrelated waffle. Lucky for the filter button ay.

My view is that he talks obviously his book and chops n changes more often than the wind. Can’t blame him, looking after his own interests. I hope it is correct that JD is now giving him a wide berth. Vox served it’s purpose for bids, time to move on to bigger and better things.