Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Calm down . Its a free country. You buy what ever you want . I am just saying I am waiting for any sign of good news before investing. Too emotional
I had the same conviction with intu and see what happens to them. I was certain they will not go under. Too big to fail. Almost better the house on it but lucky I got out before the s*&^ hit the fan
Jabberba
If you totally buy in to that then I recommend you put your life saving in to bidstack, you might be right and be the next Warren Buffet ??
Good luck. Iam willing to pay more to have certainty then loose it all on hope and dreams.
No. That is missing piece of information that is stopping me in buying in. My guts tell to buy (emotion again) but I had being wrong on gut feeling a lot in the past and loss a lot of money
Helx2
Come on Helx2 do you believe in everything you read. when I read an anual report, I say to my self how account are they reporting?
Jabberba
Do you work for bidstack?? Or have inside info in the account department??
Do you know exactly the company performance in the past few weeks or the month before that. I don't think you do. Yes I could had miss out but my number one rule is not to loose money. I will certainly be more interested when there account breakeven. Give me a date for that if you are that confident abouts this company with real figures and analysis. I don't invest in hope I invest in facts. Thats the difference between you and I
Starjump
I had never shorted a stock and I am not a day trader and I am a long term invester. Because I make more money in holding shares then frequent trading. Bidstack has great potential but because of your confirmation bias you can not and will not accept fact. I only look at figures and if the company had delivered in the past. Unfortunately this company so far promised a lot but under delivered.
I run own company pension fund so I only buy shares that I am happy to hold for ever. So bidstack will certainly not go in to my pension account. But it may go in to my high risk fund
Roleybirkin
Spot on. Don't listen to what they say but see what results they deliver
Thats what they are saying but can they deliver is the most important. How long can you stay solvent when you are not making a profit?
They have a lot positives, that why I am doing more research on this company. The biggest challenge for this company now is reach breakeven point so that they don't have to get their begging bowl out again.
Yes cash is king but as a growing company like bidstack which I will expect them to grow at least 1000% this coming year will need to utilise all their money in the bank to grow. That is one of the reasons that they manage to raise over £10m in July this year. They say they have enough funds till next year but what if they are wrong. To me the biggest risk in this company is cash flow not the product. Have this company promise something to share holders and did not deliver ? Thats why their share price went down (I think they promise to break even by 2020 by the director and that did not happen) As you said cash is king. If I told you it was good for your health to jump of a brige will you do it? Most likely not i hope. I will only believe what a company had said when it is delivered. Unfortunately this company track record is not too great. Thats the reason I am waiting for their next anual report because that is facts and not a promise .
I
Not that drunk yet.
The forever optimistic. (I use to be like that and realise i was losing more money then I was making at shares)
Been their many times especially the dotcom period. Nothing can go wrong and then S*&^ happen. Was you investing then or still in nappys.
Let me tell you I have invested (gamble) in may penny shares and made some good money but lost a bucket loads as well. All I am saying , take the emotion out investing and look at the company annual report. Its amazing how much it can tell. I could be totally wrong but what if I am correct? How many penny stock can you lose before you run out of money. Money and cash flow is the number one thing that keeps any company in business. My gut feeling (emtion again) telling me to invest but might wait for their next anual report to come out before I invest, even if I have to pay a higher share price.
Talking about drinks I might have a red wine now.
Great discussion people and keep it friendly
For better or worse ?
They need every penny from share holders and investors. So why do you think their share price is going down for the past 6 month from the cash injection? Because their is a high chance they will need a new round of funding next year.
I am not saying this is a bad company but like Amazon in the early stages, they was burning cash with no profit for many years and now the rest is history. Please note I am not saying bidstack will turn out to be Amazon! As I said high risk high return. If they do fall further I will certainly buy this company up. Please do your own research
StarJumper
Thats old news.
How much money have they burn through since then. They have to burn money to have the incredible growth which I think they will get. There year ending 31 December 2020 Administrative expenses was over £7m. They don't make a PROFIT. Now with that extra funding ,how much is that still left??? This will be answered in there next year annual report. I am just looking at the numbers (numbers don't lie) and just wondering how many people invested in this company took the time to read the anual report.
Sogamla
Unfortunately they do not have a two year runway. I wish they did
Take a look at their latest anual report. They are burning £5m of cash. Their revenue increase to about £1.2m & with about £2m in cash so you are looking about £3m+ in cash. This is all in their anual report. I will never invest in any company not looking at their anual report ( their anual report was over 100 page!!!). If I am correct I believe next year they have to go back to share holders for more money. This is why their share price is at this low.
Being watching this one for over a year. Was surprised to see it decline to this level!
The biggest danger for this company is running out of cash. Currently they are hemorrhaging bucket loads of cash. With just over a few millions in the bank that will soon run out. So either they raise more money with share holders or hege funds in the next six months they will go under.
But assuming they get the backing, I can see this company share price go to the moon. They are currently growing over 1000% (not a typo error) with zero debt and one of the first company to go in to this advertising space. If thay can breakeven in the next 12 months I believe they will get more attention with other investors and their share price will only go up. I was so glade that I did not purchased this company at 3p but at this current level I might take a small punt. High risk high reward.