Member Info for spero

the app hasn't been updated yet. I even forced stopped the app (on Android), cleared cache, cleared data, then opened the app as though for the first time. The app still showed 1 in London. We'll just have to be patient. They're all there on the website - 10 London, 20 Bournemouth

+jsmith, try shift + refresh in your browser? try an incognito window? You must be caching old data

20 in London (up from 1) + 20 in Bournemouth (up from 8). This is the first major change to the new delivery service since the trial began. Rollout / RNS must be imminent !

At the 9p share price (June 2019), we had just 7 locations (130 currently) and approx 100 venues - mostly inherited from tablepouncer (631 currently). There is so much more to this company now.

Prior to Covid 19, we were following a 100 restaurant gain = 1p share price gain pattern. The share price would periodically snap into alignment with this pattern, and it was due a catch-up to IRO 6p

We now have takeaway/delivery. Covid 19 has increased the need for yield management. The revenue model is being revamped. With all the improvements / enhancements, I think we could be seeing new highs this summer.

"Now delivering" was there, but "coming soon" is new.

Before today it looked like this version (cached on 14th May 2020):
https://web.archive.org/web/20200514192155/https://www.bigdish.com/

Very exciting to see some movement on that front

I think BigDish would do well to add a 'book without discount' option, for use at peak times. Then *all* booking can be via the app, simplifying the whole seating-of-diners process for restaurant owners

Quote: France was promised a return to an “almost normal life” yesterday as the prime minister authorised restaurants to reopen and city dwellers to start planning trips to the seaside.

https://www.thetimes.co.uk/edition/news/french-bistros-turn-on-their-stoves-as-lockdown-eased-tc2q9jqbw
(paywall)

We're getting closer and closer to similar UK news.

Operating at 50% capacity means restaurants have to encourage diners to eat at off-peak times. Offering a 25% discount to eat at 5pm instead of 7pm, or 50% to eat at 4pm would do this. This is what BigDish offer. We'll help them keep their tables full throughout their opening hours to help them squeeze as much as possible out of their constrained capacity.

For balance Groover, I think some of your targeted insults crossed the line a little. Calling people idots... suggesting they had mental health issues etc.

Share price still stable. Lockdown beginning to ease. Non-essential retailers opening from 15th June.
Watching, sitting on my investment, biding my time.

I've been counting most days and it's remained at 130 locations / 633 restaurants.

At some point today or yesterday, two restaurants dropped off the platform. Bengal Lounge Poklington and York (both listed under York). This is interesting, as it shows a couple of things. Restaurants can be removed from the platform if they want (restaurant data isn't frozen since March) + more importantly, given that restaurants can opt-out, we've only lost two. Food for thought.

My feeling is that we'll lose multiple restaurants that have gone out of business, but that we'll continue to add new restaurants at the pre-covid rate.

+jsmith - visit: www.bigdish.com
It states "Now Delivering right to your doorstep"

Does that need an RNS if it's already up and running?

Share price stable... topping up when I get the chance... biding my time...
https://www.republicworld.com/world-news/rest-of-the-world-news/cafes-and-restaurants-open-for-business-in-vienna.html

yes, they do seem to be dragging their heels a little. I'm hoping this is because they're working on a new soon-to-be-implemented takeaway/delivery feature. Bending the table booking service to the current delivery service is a bit poor. 'Delivery' needs to be a feature in its own right. It's fine as it is as a quick pivot/hack to help struggling restaurants , but only if it got deployed rapidly (days or small number of weeks). The amount of time that has passed from concept to now means it deserves proper design.

mc demo in Bath has been present most days since 17th Apr. It occasionally appears in the delivery list (with bournemouth and london) then gets removed.

They have lots of costs to face besides wages currently covered by the furlough scheme. Government backed business loans are covering these to a certain extent. They need to open asap to start to meet these costs and begin to re-pay loans.

UK furlough scheme extended by four months.
Great news for restaurants

lemonade's podcast suggestion is informative and certainly worth a listen. It's clear the industry is going to lose a percentage of restaurants, but this is going lead to opportunities for new players, and for existing businesses to renegotiate with landlords etc.

They're going to need technology to fill seats at less popular times of the day.

It's the 2nd biggest industry in the US and there are 88000 restaurants in the UK. It's an industry that's not going away. It just needs technological help :)

Thanks Sam. I've taken a lot of profit along the way, but bought in a multiple points too. I don't want to veer too far off topic, I just wanted to draw attention to tech stocks being valued differently, and the relentless focus on DISH profit being irrelevant at this stage of development. I'd put your spare cash in Dish rather than Ocdo.

deramping is self interest at-the-expense-of-others, like queue jumping or stockpiling.

My profit hasn't reduced the value of other people's holding just to improve my own and hasn't denied anyone a lower buy-in opportunity (poor Sam has missed out recently) . My approach is self-interest but everyone-is-invited.

+lemonade, you consider your regular talking down of the company balance. Perhaps it is in a Jedi vs the Empire sense. Personally, I value profit, but I value self-respect higher. I implore you to join our farmer's collective. Together we'll get a better price for our harvest. Stop creeping into our fields and sabotaging our crops just so that you get a better price for yours.