focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Begging Bowl!!! Ughhhh, are you Helex’s boyfriend?
Been here two minutes and giving it all the big I AM.
Do us all a favour and go and irritate another BB.
I agree with Girdz David, you could have a nice position here and i am also confident of revenue being hit.
If not i will be calling for JD's head as he MUST fall on his sword after another year of rubbish. I am in @7p so not too far behind you.
I think after all the BS that was issued last year they are playing it really down and probably hoped to smash the target with some big games. I don;t think that has panned out how they hoped BUT they will crawl over the line and move on to 2021 with a punchy run rate in terms of rev PCM.
Good luck.
Hi IntrepidInvestor
I agree the sponsorship avenue was a VERY strange decision by someone (Ahem JD) however another spin on this 'could be' in the form of a box ticking exercise to meet some sort of governance dictated to them by a potential client.
Let's assume for example that BIDS are working with EA Sports. Yes yes i hear you all now saying they are BUT without a formal RNS to confirm this and some sort of explanation as to how it works i am still skeptical.
If, like getting the gold standard accreditation earlier in the year they are required to show some sort of advertising / brand exposure to meet a requirement what better way to do it than go back to Norwich with who BIDS have worked with before and structure something so the NEW legal team can tick a box and move on.
This is very much a theory but I cannot expect an Advisory Board of this quality to sanction Cap Ex without reasoning. I personally sponsored a First Class Cricket Team in 2012 and it was the biggest waste of 30k I have ever done. A deal of that sort it full of contra deals behind the scenes as basically everyone knows that (especially people here) that the best thing to do in 2020 is advertise digitally for almost any brand.
Just a thought.
Hi David
My understanding is a 10% tolerance either way in terms of announcing a profits warning or 'above expectation'. They are obliged under AIM rules to do this and after last years S Storm they must know they have to abide by the rules dictated to them.
I am more confident with every day passing that the target 'threshold' of £1.35 WILL be hit despite what looks like a false start on Hyper Scape the smaller mobile games will bring home the bacon.
If the run rate as such takes us into the New Year at say 350-400k PCM rev then it buys more time to acquire on one of the 'Whales' that still needs to be added to the stable.
I think they were expecting to smash the £1.5 mill this year and with Hyper Scape ads being served i think they would have done. As it stands i think it is proving that the tech works so to speak and a new market has / is being developed.
It is going to be a rocky ride IMO and BIDS reluctance to update / tell the market anything is very frustrating especially with A LOT of people invested North of 25-30p.
Thanks Roley
Thanks for you input Aid. It was a comment on the core functionality of a Website and something that quite frankly should work. An inquiry is exactly that not a contract and is largely irrelevant in this case to be honest but thanks for the reply (i note you don't get too many of those when you post things).
Go and have a nice cold pint of San Miguel and a fag whilst you think about your £2 share price and what you will spend your £250 profit on.
Guys
If anyone IS connected to anyone at Bids could they kindly get them to check / sort out their contact us on-line submission form as It doesn't work. I wished to esquire about the opportunity to advertise one of my brands in Real Cricket (UK) and the advertising submission form does not work.
It is small / little things like this that makes us/them look a tin pot second rate operation.
Where as it is unlikely Ea are going to tick 'i am not a robot' beggars cannot be choosers and at the moment we are no more than street urchins!
Please could someone pass this on.
TY
It is a really valid point David and one I have considered.
There are SOOOO many people who have been burned time and time again by BIDS in the last couple of years that i think they are being VERY cautious this time around with the old sages that have come on board in an advisory capacity pulling the strings from afar.
All we see on Twitter and BB is pictures of IGA and people say oooowwweeee they look nice etc etc BUT are they making Money (or enough) for a business to run.
My gut feeling is they will fall within the 10% REV target to avoid a profits warning so they don;t fall foul of AIM and that should see a 'shot in the arm' so to speak from a SP perspective.
The key is if the 'run rate' can continue into 2021 in terms of hitting December targets in Jan, Feb, March etc etc
Circa £22 mill is B/E i think so to suggest £9 mill next year is, again a big jump from £1.5 mill this year but still a way off B/E point. SAAS is great in that the testing, work and DEV has largely been done i hope so at least!!!
That means if 100k or 1bn is put in the top of the funnel it should require the same effort to churn out and 'serve' Ads.
I think Ms Cook leaving over the weekend is an indication IMO that she has not landed any big contracts they were hoping hence the shift towards singing up smaller mobile gaming companies we have seen and collaborations.
I expect that these smaller companies will see us over the line (just) but just living to fight another day is not really the game plan.
I do not expect much over the next 6 weeks unless i am way off and the SP will be 4p hence ANOTHER profits warning and the ship has gone OR come the NY Bids really need to improve their 'bedside manner' with regards to IR.
Best
Who is Aidan Girdz?
A serial ramper?
Don’t disagree with you Jimmy I imagine EA are VERY well informed of past issues and false promises at Bids hence a very punchy NDA until they are happy.
This Costa lad is cracking me up in other news. Been around five mins and thinks he’s Gordon Gecko!
I’m off to bed.
Hightower
Seriously???
If they DO come in with Rev of £1.5 mill do you think this will significantly impact the SP or not? I am not sure without institutional investors it will have much impact sadly.
Hi Newlibery
I completely understand your frustration but i am of the opinion no news is good news at the moment. The last thing they can afford to do after last years debacle is fall foul of AIM and their regulations on reporting.
If they issued a profits warning December the 30th they would get crucified IMO.
I agree something in the form of an RNS would ease the nerves but hang tight. They have said all year they are on track or in-line etc.
The £1.2 mill should be be trickling in now giving us all hope.
Hold fire mate and good luck.
A really good and well balanced post David, thank you.
I agree that no news is good news at the moment BUT a profits warning Christmas Eve is no good to anyone. My fear is how they believed they were on to hit yearly rev targets months ago when they had only done 300k! We all know with tech that things go wrong and despite months and months of testing we all know that nothing is the same as a live environment. Also anyone thinking BOOHOO will have paid top wack to be a crash test dummy need to put their crack pipe down.
James Draper MUST come out of hiding soon as it will be last one to leave turn out the light jobby 1st Jan if not!
The concept is great but if i see another post from them about how on-line gaming is the future and the growth in the sector is unrivaled i will sell my shares out of spite. It means F-all is they have 'captured 800k.' and not 1.5 Mill.
My only hope is he has had his collar felt by 'The Elders' who have come in to babysit him and make sure he doesn't repeat his performance last year until it is categorically done.
Sorry for the moan I am getting a bit fed up with the radio silence.
Have a good weekend all.
Guys
This BB is back and forth a lot re this stock. I admit the next 6 weeks are paramount to this business and its potential 'fight or flight'. No news is not necessarily bad news but 'IF' they fail to achieve what they have spent all year telling us they will do then I fear for the medium term.
I am fed us of posts about how big eSports is and how lockdown has accelerated online gaming, this is obvious to anyone with a brain. the $64,000 question if are #bids monetising it and if so is it enough!
They will be burning cash as everyone suggests but if they achieve £1.5 mill they will live to fight another day (6 months).
I sound bearish but that is not my intention. I hold a lot of bids myself and want them to achieve but it is a 9/10 on the risk scale.
The radio silence from the BOD is worrying IMHO as time is running out. I understand they don't want to let JD loose again after last years car crash but people and institutions will get fed up at this rate. They should be building on last months promising news not going quiet.
Good luck all
Why do you say these things with no knowledge about the situation. It is as bad a de-ramping a stock but getting peoples hopes up.
If there has been a leak it has been tightened up quickly. Time will tell but unless you know something we all don;t please don;t lower yourself to the de-rampers standards.
All the best.
Close to what mate?
Hopefully some decent news and rev update.
You would like to think so. Am i right in thinking that the SP jumped to 25-30p last year off the back of a suggested £10mill deal 'imminent' that didn't not happen.
Would it be fair to suggest that @ £1.5mill revenue for 2020 that actually the SP is represented fairly at circa 6-8p?????
Am i being too simplistic, I hope I am.
They will have to come cap in hand middle of next year unless they do over £1.5mill revenue comfortably this year as patience will have run out and it will be 3p.
Hi Roley
I cannot say mate but again i agree with you that RC20 number will be low in Q4 BUT the IPL is on at the moment and may spike / give a shot in the arm.
I have a nasty feeling the can maybe kicked down the road again until next year but i very much hope not for all our sake.
It should be a perfect storm in that more gamer due to lock down (and natural growth) etc BUT is so why are the big contracts with EA etc etc not being rolled out if the tech and sales team only have to zoom all day everyday pumping the sales through the roof.
JD needs to come out of retirement in terms of his public appearances, even on Zoom and start making the RIGHT noises as oppose to now being too coy. I would send someone else out to bat personally that the markets and Institutional Investors may see in a better light.
My understanding is the Real Cricket contract alone is worth circa 650 - 850k to Bids but i do not imagine all that will come in during the next 3 months.
I think the 'open world' games as suggested have significant critical mass in terms of users but alas impression can / could be less so.
Real Cricket, FM et al are going to be the bread winners IMHO with regards to revenue.