The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Can you see the disjoint between your title and your post? Clue is the year 2020!
What happened? Fell asleep between writing the header and the comment?
How can you tell from outside? Would you prefer daily hot air updates?
I am surprised and impressed that contrary to the rampers wishes DISH have not paraded their new CEO in his first week. If he, Sanj and the others are really getting on with it they might actually end up creating real value. Time will tell.
LOL! De-ramping!! What's there to de-ramp?
I own a fair chunk of these shares at low prices. Why do I own it? Simple - greater fool theory. Doesn't change my opinion that the company is going nowhere and will eventually fail. Of course there is a risk that more people will form the same opinion but I doubt it...
I mentioned it because I knew London stalled on 26 after Sanj was demoted. I'll take your word on Brighton.
There's no need for me to repeat the other location counts, our friendly neighbourhood rampers keep us up to date. Of course they only report increases.
"When I first invested in DISH in june of this year I was hoping sp was going to be around 15p by December."
Well sorry Radika, without wishing to rub it in, you really have to ask yourself how in the world it could rise that high. Even from 9p, targetting 66% within 6 months for a newly formed company with no assets or revenues is either greedy or naive.
No offence meant but sometimes people are not interested in the actual company, rather they are gambling on the SP.
With a simple web crawler script the developers can ramp up the database in no time, scrape the menu, opening times, all required info... And send an email to the restaurant saying "Congratulations! You are now in the BigDIsh system! Click here to set up your discounts, click here for our premium listing, click here to opt out, blah blah blah" and bang you're done, easy as chips. Unethical maybe but since when has that mattered to DISH?
3000 restaurants? yaay! 1000+ app downloads? Not so yaay... Ramping up restaurant numbers is small beer especially when the restaurants don't have to give consent or even know they've been signed up.
But who cares? DISH shareholders love their restaurant numbers! Anything to whip up the SP will do!
The performance of the share price is somewhat to be expected. It is primarily driven by news from the portfolio companies and IMO real commercially significant news is still mostly far in the future. And even then TEK is unlikely to release any commercial details making it hard to properly assess what is substance or noise.
This company is by no means a short term holding, any up moves in the SP are likely to be ephemeral until the company realises some value from the portfolio or some external event helps investors to gauge the fair value of the portfolio. For me, this one seems perfect for the children's ISA with the odd top-up here and there.
"Stupid hours 9 to 5"
Out of interest, have you ever run a restaurant? Or know someone who does? Have you had a team meal? Wasn't it booked during office hours? A sane restaurant manager will make sure the phone is answered at all times or at least take a message.
Their iOS and Andriod apps are developed by an external development company (CNS Media Ltd). This is noteworthy because it requires good vision, leadership and communication skills to successfully engage 3rd developers and release a good working app.
Of course working with an in-house development team on a pre-existing app is different but the same skills are required for success.
Tom Sumner's LinkedIn page: https://uk.linkedin.com/in/tom-sumner-07332690
Unfortunately, I don't have a LinkedIn account as I would have liked to read his posts and get a feel for his thinking.
TableNow is owned by Communicorp UK Ltd the owner of multiple national radio stations in GB and ROI with over 3.5m listeners, revenues over £30m and pretax profits of £2.5m. No small fish!
TableNow appears to be a side project at Communicorp perhaps under their marketing division but not itself an incorporated company.
Rising from "Product Development Manager" to "Head of Operations" and finally "Managing Director" of a sub division within a large media company sounds quite impressive and makes me hope the incoming CEO has the talent, commercial exposure and experience to drive DISH forward.
"Monty do you of any reason for this dip? Have you heard anything from Aidan?"
Do you not find it odd and wrong that you are casually asking this of a common shareholder? That's just one of many stinky, red flags hanging about this company IMO.