Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Light at the end of the tunnel !!
https://twitter.com/EdConwaySky/status/1267515582867550209?s=09
Markets are always discounting ahead...they are not coincident indicators...the stock is now forming a new base around 2p...it's like a coiled spring ....investors dithering here will lose out...a week or so ago I summarised the key points from Aidan interview with Tom Winnifrith...so many positive things to come....the management have clearly been proactive pre covid19 and during and are revamping the revenue model and will slowly announce bit by bit...buy now or miss out
https://www.piworld.co.uk/2020/05/29/piworld-webinar-paul-scotts-covid-investing/
Many shares across the market bouncing as lockdown starts to ease and investors start to anticipate light at the end of the tunnel...now it is time for bigdish shares to follow suit...remember we have cash in the bank to cover till later this year..if anything the runway has been extended due to furloughing...plus, as Aidan said recently in virtual conference, company are currently revamping their revenue model post Covid19 to shift away from a transactional model...expect RNSs in coming weeks..also in advanced discussions for a non equity financing for expansion capital. I like the fact that the management are being proactive. Buy
John077,
Here was my summary:
"Hi guys, I listened to Aidan Bishop's interview from the ************* conference. The key takeaway is that the company are already advanced in revamping the revenue model post Covid19 away from simply the transactional model. Pre Cov19, they were already thinking about adapting from just bringing diners to restaurants and the pandemic just accelerated this thinking into action...increasing functionality in the app. To be honest, he wouldn't give any details but I got strong feeling that positive RNSs will not be long coming..also, he mentioned that pre covid19 they were already in advanced discussions over non straight equity financing..he stressed that the company is well financed till the end of the year so maybe if they do raise some form of debt financing it will used to further accelerate their plans which can only be a positive..I got the feeling that financing would be done via a new tech fund geared to restaurant space...UK sales team furloughed whilst tech team in manila actively working albeit from home..notwithstanding the awful state for the restaurant space currently, I am greatly encouraged by the fact that BigDish were already in the process of actively adapting their business model and Cov19 has sped this process up and has potentially presented new opportunities for them."
I bought a few more this am
Hi guys, I listened to Aidan Bishop's interview from the ************* conference. The key takeaway is that the company are already advanced in revamping the revenue model post Covid19 away from simply the transactional model. Pre Cov19, they were already thinking about adapting from just bringing diners to restaurants and the pandemic just accelerated this thinking into action...increasing functionality in the app. To be honest, he wouldn't give any details but I got strong feeling that positive RNSs will not be long coming..also, he mentioned that pre covid19 they were already in advanced discussions over non straight equity financing..he stressed that the company is well financed till the end of the year so maybe if they do raise some form of debt financing it will used to further accelerate their plans which can only be a positive..I got the feeling that financing would be done via a new tech fund geared to restaurant space...UK sales team furloughed whilst tech team in manila actively working albeit from home..notwithstanding the awful state for the restaurant space currently, I am greatly encouraged by the fact that BigDish were already in the process of actively adapting their business model and Cov19 has sped this process up and has potentially presented new opportunities for them.