Member Info for Millionaire106

5000 pp with a March expiry!

See how we go.

Reading through the RNS I think what they are trying to do makes a lot of sense.

Time will tell of course.

Not for widows or orphans as I’ve already said

All the best everyone regardless of you’re opinions

R.e my below post.

Of course this journey they are on will be full of ups and downs so it most definitely won’t be an overnight success and is most definitely not for widows or orphans.

The potential is HUGE but that’s all it is atm “Potential. Success is far from guaranteed and this could easily fall flat on its face and be a complete flop.

I’m leaning towards the enterprise being a success though but of course we’ll have to wait and see and assess regularly how they are getting on.

A lot of course depends on the funding they get. If they work something out that doesn’t involve big dilution or interested rates that would be a good step forward.

Will be an interesting ride for sure.

See ya

If they can pull off 1/2 of what they are saying this is a 30-40p stock minimum.

Will be interesting to know what the costs are for the SaaS model. Then it’s just a matter of scaling up the restaurant numbers to over 1000.

Operational gearing could be massive.

Say you have 1000 restaurants and you charge £250 per month (would imagine it would be more than that and that’s still v cheap vs what they pay in commissions for Deliveroo, Just eat etc)
For the basic SaaS solution to effectively manage their restaurant for them.

That would be revenue of £250k per month as a v low starting point.

So annual revenue of say £3m. Unsure of the margins they would be generating currently.

Restaurant tech businesses seem to be valued at around 10-20 x sales (possibly a lot more)

So that implies a mkt cap of anywhere between £30-60m

Make no bones about it, the potential for operational gearing is huge here

Haha not too bothered about what people on twitter are doing tbh,
Just let the charts guide me. It does seem to be building a level 1 base though which is interesting.
As soon as the volume starts to kick in and MA's go into an uptrend I'll look to take a position.
GL

again after a near death experience recently.

Thinking about taking up a position.

Wasted traitor? Haha you can’t be serious Tanya. How can you call someone that.

An investor has simply changed their mind on an investment that’s all. There is absolutely nothing wrong with that. If the facts change they may decide to re-invest, it’s purely up to them.
It is their money and they may do what they see fit with it.
You take all this far too personally and get far too attached Tanya. It’s a really bad look and incredibly amateurish.

I’m off I think, this board has become a bit of a joke.

All the best with your investments whatever you decide to do folks. Like I said I’m in for now but if the facts change I reserve the right to change my mind as does any investor.

Still confident it will come good And some good money to be made.
The management have said there will be no dilution and that’s one of the big things that is keeping me in alongside the solid tech and yield management. If the mgmt go back on what they say I’ll be out like a shot though as I only invest in companies with mgmt I can trust which I’m hoping DISH will turn out to be but we shall see.
You can’t compare BIGDISH with Deliveroo Imo, but everyone to their own.
This share is definitely not for widows and orphans though as going to be a bumpy ride.

I'm watching it closely from the sidelines and think a retest of the lows could well be on the cards. Everything is against it currently and the charts look weak as hell. Could keep drifting unless there's news of a vaccine or something which could be a good way off still.

Same here Bowie!

Investment case has to be balanced!

Overlooking any possible flaw is a recipe for disaster in ones portfolio

You really need to calm down a bit Tanya.

There’s no need to be so disrespectful to people. It’s completely unnecessary to keep shouting people down as you are doing and tbh it comes across a bit ameteurish!
It’s going to have absolutely zero effect on the share price.
DISH executing is the only thing that will move that. Hopefully sooner rather than later.

I get my RNS data from Investegate.co.uk

That’s a very good point and I think you could be on the right lines there Razel.
Very good point indeed and if the case may prove they are not talking Bull sh*t.
We shall see

Haha don’t worry about Tanya. Like I’ve said before just focus on what your doing and managing your money.
What Tanya is doing really doesn’t matter.

I reckon it could be a convertible loan note or something similar. But who knows, they obviously have to execute on that now after stating it in the RNS so that’s good for existing shareholders of course.

If they don’t stick to their promise though and do dilute (which I’d be v surprised if they did) their credibility would be shot to pieces so it really wouldn’t be a good look,

We’ll see of course but will be interesting to see what they can pull off.

Like I said if they go below 2p again I’ll back up the truck.

If they get the funding with no dilution (which I think is a 70/30 chance) and they have funding for the rest of the year they aren’t in a bad spot really.

Add in the strategic announcements we know that are coming which could be potentially game changing and it could quite easily re-rate.

If it goes below 2 I’ll back the truck up.

All the best

Agreed! Been keeping my eye on this and other leisure stocks!
I’ll look to buy back in the 280-300 range if it goes there again and ride it back up.
Price action and charts look weak currently so probably not a good idea to jump in until charts start looking a bit more positive.
GL to all current holders

Indeed!
I wonder how the takeover talks are going?
Announcement imminent imo

In my mind would be:

FY 21 EPS of £0.70 would be a profit of £6.3m and apply a modest multiplier of 30 (Low for a fast growing purely online play) drops out at about £21 per share.
And I think that would be giving it away.. more £25-£30 range would be fair value really considering how fast this is growing and the exponential growth potential it could have in other countries.
Any price weakness I’ll be adding!
Interesting times

Where have you got that from anyway? Sounds massively awry to me

Haha £16 per share is an insult. £20-25 is fair price