Member Info for spero

daily discrediting posts from RT, who has no investment. Please consider their motive if considering their advice. DYOR

Dish steadily growing. Telesales coming online this month.

just counted 200

bath 5
bournemouth 40
bristol 11
so'ton 17
basingstoke 5
exeter 3
swindon 1
taunton 3
brighton 35
birmingham 40
Leicester 10
Newcastle 4
London 26

The two extra in Brighton takes us to 200. Good staging post on the journey.

We were at 108 in September.

Well done to the TMs in Birmingham, Brighton and London. And well done to BigDish for taking better care of the existing restaurants in other locations. Numbers there are all stable.

apologies, missed that Friday increase.

Brighton up to 30

Bham 40

Lots of targets/plans were missed or didn't happen. The share price dropped with every blunder to near historic lows, but it has all been priced in. I sold on the way down and have reinvested on the last RNS based on evidence of solid progress (50% increase in restaurants over 2 months) and the potential for more.
+ telesales
+ being able to book more that 24 hours ahead
etc etc

The missed targets aren't really relevant to growth from this point onwards. They were as much feedback as they were failings. The company has responded to this feedback by changing their approach and their offering.

Art - I can't corroborate/verify your correction, but it may be the case.
Bristol, Bath, Southampton were all TablePouncer locations. As was Reading, which is probably why it was touted as a new location (that never materialised). Seemed safe to assume that as the locations came online months after the rebrand, that they were majority TP sourced.

Regardless, attrition has slowed considerably.

Feels like Dish are building up a head of steam now. Happy to pick up more at a lower price, as I currently hold less than 1/3rd of my peak holding

125 two months ago. 192 today.   That's an increase of over 50%.

The rate of new additions has quietly accelerated within that two month period. I think that bodes well for the 50% growth rate to continue in the short term. That will take us to 300-ish by mid-Jan.

This estimate ignores the telesales operation hopefully coming online in December  + any new locations. It would surprise me if they operated restaurant acquisition out of Manchester without adding Manchester to the platform.

Restaurants that joined TablePouncer and were flipped onto the BigDish platform are the ones that are leaving. That attrition has almost run its course. Pure BigDIsh acquisitions remain pretty solid.

My (pessimistic) estimate is 500 by March end.

Check on the website Monty. 29 there. If your app continually reports 26, then it's a tech error that needs to be reported.
Is there a support@ account?

I used to count restaurants weekly, but stopped on 27th Sep. We had 127 then and we have 183 now.

We've lost a few of the restaurants flipped from TablePouncer.
-1 in Bath, -2 in Bristol, -1 in Southampton and -4 in Basingstoke  (but +2 in Bournemouth)

The pure BigDish areas (ignore by TMs) have remained stable (if a little disappointing).

A handful of new & existing BigDish locations have done quite well
Brighton +18
Birmingham +20
Leicester +1
London +23 (and that's without effective TMs)

BigDish acquisitions are sticky. The attrition from TablePouncer locations has almost run it's course, so will stop being a factor.

Feels like they've dusted themselves down and are now ready to do it properly.

Trend, I don't think charts apply when there are only a handful of trades each day. You need volume for the patterns of actions and their reactions to form & have any meaning. At the moment it's more like world cup sticker swaps in the school playground.

I've bought in too. I've been watching for a while, expecting the price to drop as Woodford sold. I was hoping for less than 5p and then the placing happened. Not clear what's going to happen next, but I love the story the technology is writing, so want to be along for the ride. I consider it my most long-term investment. Not too concerned with what the price does in the short term.

Restaurants on the platform  were either signed up to TablePouncer and switched to BigDish, or signed directly to BigDish.

We've lost a lot of restaurants since May, but added in new locations and find ourselves with a similar restaurant count, IRO 150. Were the losses all TablePouncer locations, who understandably may have thought "this isn't what I signed up for", or are we just as likely to lose a restaurant signed up to BigDish? The 5 signed up to Brighton remained pretty solid. It feels like it's mainly the former TablePouncer locations that have seen major loss.

If we are losing only TablePouncer and retaining BigDish sign-ups, then that's perhaps a glimmer of positivity in an otherwise bleak story.

I've been tracking numbers per location only, not provenance.   Can anyone shed any light on this?

+Mars1 : Vítek Urbanec, Unity Technologies. (@USENIX SRECon2019). His talk was called "Being Reasonable about SRE". SRE is a philosophy / process for ensuring solid production engineering of software. He didn't talk about gaming in the presentation, but mentioned it in the Q&A. Talk will probably be online in a couple of months.

Oh, I see. Not a competitor, but a tie-up. Bids are even hiring Unity devs https://bidstack-plc.breezy.hr/p/dc6580e7f84e01-unity-developer. Good news indeed.

I had the (perhaps naive) impression that Bids were the only company operating in the native in-game advertising space. At a conference a few weeks ago, Unity (the amazing digital 3d modellers) explained that *all* their staff were now woking on in-game ads https://unity.com/solutions/unity-ads

Are Bids just one of many? What makes them unique? Apologies if this has already been covered.

They are fully funded until 2020 (12 weeks away) based on the prediction that they would have 2000 restaurants by the end of the year (hyper-growth). At 2000, bigdish would be ubiquitous enough to be in the common public consciousness. This would mean more people using it, leading to greater revenue and more restaurants joining via the self-service portal. At this 2000 'tipping point', the service becomes a virtuous cycle of word-of-mouth user recommendation (increased revenue) and restaurant self-service aquisitions. This level of success/revenue was anticipated by the end of this year. The revenue is needed to continue to pay for TMs. Without it they are burning the little cash they have left on wages. They'd better book another technology trip to Manilla quick before they can't afford the flights.

They can't go back to the market until Q3 next year, so it looks likely they will run out of cash before then and fold.

It was a good idea, but I think it's too late now to save it (unless anyone can explain otherwise).

Don't confuse your refusal to lose money with patience and belief.

Emailed Sanj and AB a few days ago. The new website is serving images really slowly from Singapore. The whole site is hosted on Amazon Cloud, so it would be easy to move (or co-locate) images to London.
Simple win. No response.

...unless the London launch is so big that it justifies an RNS