The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Agreed, no profit to be sold at these levels so just waiting for some consistent volume to return here then I expect to see a steady climb to the £1 mark in the not too distant future. A lot of comfort taken from the financials and the dividend yield.
No your right, you can't criticise them if that's they're trading model and they'll be quite happy with their days work, however if it was me I'd continue to watch the progress of this one and 2/3 weeks down the line I'd be kicking myself when I see my quick 10% win could of been 50/60% two week later.
AIMHO.
Two positive Broker Forecasts this morning. Had to laugh at Shore Capital who stated 'Sell' yesterday to add to the free fall of yesterday's share price but 24 hours later they've now announced a 'Hold' Rating. Manipulation at it's finest if you ask me to allow them/ their clients to get the best buy in possible. Other broker forecasts target of '250p' which is 3.33x where we sit today.
All in all at this level this presents a great opportunity IMO, expect to see a steady rise over the next few weeks back into £1 and beyond.
GLA.
New contract with The Trade Desk
Bidstack Group plc (AIM: BIDS.L), the in-game advertising group, is pleased to
announce it has signed a contract with digital advertising technology
platform, The Trade Desk, Inc. (NASDAQ: TTD) ("The Trade Desk") to bolster its
programmatic offering for in-game advertising.
Founded in 2009 by pioneers of real-time bidding advertising technology, The
Trade Desk's global digital advertising platform has become one of the fastest
growing demand-side platforms (DSP) in the industry. Through its self-service,
cloud-based platform, ad buyers can create, manage, and optimize data-driven
digital advertising. These ad campaigns can be delivered across ad formats
including display, video, audio and native, on a multitude of devices, such as
computers, mobile devices, and connected TV.
This new contract with The Trade Desk will make Bidstack's inventory even more
accessible to any advertisers globally.
James Draper, CEO of Bidstack said, "We're delighted to have forged this
agreement with The Trade Desk; a multi-billion Dollar, California based,
public advertising company, who operate one of the world's Top 10 DSPs. We are
big fans of what Jeff Green and his team have achieved and we look forward to
working closely with them going forward."
Dave Castell, General Manager of Inventory and Partnerships for EMEA at The
Trade Desk said, "Bidstack's product and services bring the virtual and real
worlds together seamlessly, making the most of the latest technology to serve
impactful native ads directly into console and PC games. In an industry that's
always hungry for innovation, we at The Trade Desk are thrilled to bolster
Bidstack's programmatic offering, helping both brands and consumers alike by
bringing world-class advertising straight to Esports gaming audiences."
Contacts
Bidstack Group PLC
James Draper,
CEO
Bit of a bank holiday hangover for BIDS today.
It is however the first working day since Gamescom and expecting big news imminently in respect of games announcements and contract tie ups!
We've had an RNS to last two Mondays, it wasn't possible yesterday but maybe James has something up his sleeve for us a the close today. If not will only be a matter of time as the news keep flowing.
GLA.
Hived, personally I don't feel any of the 3 RNS's were factored into the share price prior to their release. All are fundamental in their own way and I'd even add the change of Broker to Stifel into the mix with that too. These contracts are huge for the business but feel the wider market won't really open their eyes to the potential here until they begin to monetise these contracts, ie when we get a H2/YE forecast for revenue, cash and profits.
I agree at first I was slightly bemused how the share price was able to soak up the news over recent weeks, it's like a boxer throwing 2/3 great punches and their opponent keeps walking forward completely unaffected. But know what I see is that previous resistances/gaps have now been filled and as we are entering the period of newsflow I'd expect to see continued gradual growth here into the new year as more and more people become aware of just what Bidstack is capable of.
My opinion is this will be ultimately brought out for big money so that is my end game.
GLA.
Just a little more evidence as if it was needed to show the steps Bidstack are taking in their pursuit of being Global Powerhouse.
3 years work in 1 year so there will be plenty more amendments like this over the coming months to position their offering for the global market.
IMO yesterdays appointment in the US and todays broker switch to Stifel points towards a huge US contract deal or maybe even a takeover further down the line?
GLA.
In-game advertising platform Bidstack has appointed a new vice president of publisher relations to increase its presence in the US.
John Koronaios has over 20 years of experience in business development, sales, and working in the entertainment and media industry. Most recently he was vice president of risk management and mitigation company GlobalStep.
Koronaios launched PlayStation in Europe two decades ago. He has worked with some of the biggest names in the industry, from Atari and Ubisoft to Sony.
In his new role, Koronaios will be responsible for creating relationships with game developers and publishers.
“I’m delighted to join the growing Bidstack team and excited by the opportunity to work with such an innovative and dynamic company,” said Koronaios.
“My focus will be to help increase knowledge of Bidstack in the US market and forge stronger links with games publishers and developers who I know are keen to work with such revolutionary technology.”
Bidstack’s CEO James Draper added: “I am confident that John’s unparalleled knowledge of the gaming ecosystem will be an invaluable asset as Bidstack continues to grow. There is no better person to aid our expansion in the US market.”
https://www.proactiveinvestors.co.uk/companies/news/901017/bidstack-sees-epic-gains-901017.html
Good Exposure for the stock, mentioned on Proactive Investors.
Fudge, get a feeling your glass is always half empty.
Rome wasn't built in a day and if your expecting to find a stock to bag within a day then your living in a dream world. Patience will be rewarded here, 3 years work into 1 and the news flow is just starting to take off now!
Another fantastic RNS and Gamescom hasn't even got going yet.
Volume is looking ridiculous the last 30 minutes also! News spreading fast this is a stock you need to be in on.