Member Info for Sisteract

Oh Dear.... Pokerchips.... I look forward to your defence of that.!!

In the words of the great Deborah Meaden.... I won't be investing. !!

Pokerchips. I admire you.... you seem to be bird's biggest cheerleader..... are you on the PR payroll ?

You are very eloquent in what you say and theory and examples are fine but it hasn't or ever been translated to where it matters with bird. There are hundreds if not thousands of tech companies working on the next big thing in whatever tech field they re working in. They have to start making substantial money or there will be years of fundraises to hopefully strike the gold in them their hills. Promises, promises and we are working on something is not an investment case !!

I just don't see what you see... perhaps I'll be convinced tomorrow. !!

I beg to differ.... all that came out of that was "we are working on a new platform...blah..blah...blah.

The problem as they illuded to is that their world is changing so rapidly... so how to you create a product that you can monitize in an ever changing world. It all seemed very vague and even the new guys have IM's talent for talking a good game. As those of you who read my posts know I have sold but I kept an eye on it to see if there was anything these new guys would say to persuade me to reinvest. They didn't.... so I won't. Good luck to all those who continue in hope.

What makes you think the share price should go up ?. This isn't new information. Its been signposted in previous releases and information provided. many times. So it should be of no suprise to anyone least of all the markets.

SP20... Directors have to act in the best interests of shareholders.Directors also act in the best interests of the company, it's employees and themselves not necessarily in that order.What is perceived as fair is irrelevant. For example a company may go to the markets to raise money leading to dilution. It might not be fair to shareholders short term but the company would view it as in the shareholders bests interests over the longer term. It's all perception and private investors are generally short term in their thinking. The lowly private investor like myself has to accept it.. we have no sway.. never will have. The only power we have is to buy or sell ...nothing else really matters.

Its obvious why there is a rush to exercise the share options. Anyone on the shareholder register by the 10th March is entitled to the 0.5p dividend payable the end of the month. Ports is right about the AIM. The AIM exchange was set up specifically to assist small companies raise money in the markets which is why dilution is never far away.

Deep... if we hit 50p this year I'd be doing cartwheels and I haven't done those for a long long time. I'd probably would have sold well before we get there. Personally I think if we hit 35p consistently this year I'd be pleased. Anything can happen of course so who knows but it would have to be something dramatic to get it to those levels in short order. Director buying has traditionally caused share price growth but if its steady as she goes growth I think it will be more likely 2/3 years.

DX' two brokers are forecasting target prices of around 50p to 57P with a 25% upside this year. I'd be happy with that and a progressive dividend.

Yes, pretty mooted response from the markets but really confirmation of the information that was already in the public domain. Two things stood out for me. Like you Ports... 2 man freight pretty flat at 4% growth and they have to be a bit disappointed with that. Parcels growth up 20% which is admittedly from a very low base.Hopefully the Tufnells claim will be dealt with soon and Dx can focus on what DX do well.

Well, the bird fan club is pretty quiet. Just nothing happening. But don't worry folks, we're working on it, it's coming, it's coming.... it's all the IP. keep the faith... bird is word...blah..blah.blah. You can only talk a good game for so long and it's been way to long. I must admit that I was taken in by IM's credibility as a front man but there is nothing to back it up and you can only make promises for so long. This and other discussion boards just become techie discussion boards and where the prevalent thought is that if we get in with so and so we'll make a fortune.

I've decided to ditch over the last week or so and plough my funds into a logistics company that one prevalent poster on this board ridiculed me for holding shares in a year or so ago. A company now on the verge of paying a dividend.!! Good Luck.

Ports... Whether this is an opportunistic or slightly spurious claim by Tufnells it has to dealt with. It's in Tufnells interests to do as much damage to DX whether reputational or financial. There is no love lost between the two now. I can't imagine this going to the high court.. Can you imagine the publicity... £50 Bungs between two national carriers not to mention the costs.
If this reaches the high court I'd consider it a monumental failure by DX... far more than DX's failure to recognise Grant Thorntons concerns.

I don't share triviality of this matter and the statement in the RNS fills me with dread.

" The group intends to defend its position robustly" What is there to defend, they have admitted bribery. Reminds me of the amateurish stance they took with the previous auditors and look what happened then !!

Tunnels will have taken legal advice, how serious it all becomes we don't know but as someone says it needs dealing with pronto.

I'm pleased Lloyd hasn't comeback.. I had visions. Regardless, he is a wealthy man and will do pretty well out of DX moving forward. With the appointment of PI as CEO there is some consistency moving forward lloyds strategy. I'd agree with those commenting on the Macro economic outlook but that's long term now. Russia and the parts of the east are turning away from the west permanently and we and future generations are going to have to get used to the difficulties it will create. In light of that I've become a bit more short term in my share dealing.

Stake building going on or an existing share holder is buying. The RNS or absence of will tell us. ! 1% of the company bought in two transactions.

E-mail. Dx have advised that the next trading update will be in Feb ahead of the March interims !

Yes ports. The new board excluding any potential CEO consists pretty much of "money men" and experience in logistics a lot less than the previous board at the sharp end. They seem to have two pretty able MD's in Paul and Martin who are not on the BOD. Personally I'd like to see an experienced transport/logistics person at the helm for a bit more balance. Gatemore put the team together as they did in 2017...let's hope success is repeated.

Well I've travelled to the other side of the world for Christmas to receive such a patronising response !
Aren't I entitled to a different view ?
It can't be because I'm a g**l could it....Surely not !! I'm better off outa here. !!. Merry Christmas.

I think we'll beg to differ. Mobile phones and cloud native editing are miles apart.. chalk and cheese. !

I'm slightly amused by your last point. "you create a world and bring everyone to it" what with £11m". Bigger Boys with huge pockets not affected by economic conditions would have done something about it if that was the case. By SS's own admission they can't even get existing clients to get the most of codec 9. Some admission !!!. They haven't brought everyone to it so far.?

We are both shareholders I presume, on different sides of the same coin. You're obviously a bit more optimistic than I am but stripping away the noise, fluff, excellent PR and the mastery of corporate speak they are currently making a loss on a relatively tiny turnover in a potentially worldwide market. In spite of that they will create the future and bring everyone to it. I look forward to it. !! If they do it will be some watch !

I do like your posts Pokerchips. You present a very good well thought out case as does IM and team. Sometimes I get swept up in it but then I look at the figures. !!!. Companies can't keep losing money and if it's taking 2 years plus to come to fruition on a slow burn and we have no detailed visibility as far as I am aware of profits and further research expenditure regardless of 11m in the bank they may need more money.

"The next CODEC is almost ready , but they say that it is so advanced that the market isnt ready for it yet ...SS said that a lot of their customers dont even get the most out of Codec 9...."

That is a statement that would worry me. Having a product that the market isn't ready for regardless of the industry is a very hard slog. !. If there isn't the instant demand for it you have to educate the industry and a tiny UK software company isn't going to do it. If their customers aren't getting the most out codec 9...Why aren't they not making sure they do.. rather than chasing codec 10 that no-one is ready for.. There's no point in being ahead of the game if it's going to take an age to get there.

I really would like to Join the bird fan club but it's hard when the premise is... "it's looking good for few years down the line folks.!

Thanks for your reply and insight Pokerchips and your enthusiasm for the direction bird is heading in. With my investing head on Bird are still making a loss. The world is changing hence the fundraise and it may change again.Bird in my view have a window in which they have to make hay, I don't think anyone can know how long that window is. It's not always the case that that you that don't grow any business by expanding what you offer. You can do one thing very profitably and there are plenty of examples of that.
I take your point though. Expanding offerings can be important but it will cost.
The Bird product can't be cost prohibitive based on their turnover/customers so I struggle to understand why there hasn't been far greater take up generally if the product has been that good to date.
I'm really 50/50 on this. I have to put my faith in the in directors of the company to know what they are doing but ultimately it's about sales, profit, nett cash etc and shareholder returns and so far lots of positive spin doesn't really do it for me.
only time will tell.

Exactly Monty. Notwithstanding IM being a very skilled PR operative and on the face of it a very credible CEO. The underlying issue for me is the Tech. Cloud is around for a while... what comes next... something will Sky, Edge computing and god knows what else. How will that affect bird, keeping up and investment needed. I don't profess to be any form of expert and I'm sure the techies will have a view. But everything changes.