Member Info for You_Having_a_Laugh

The $ is weakening vs pound.

Have been involved in a couple of private take-overs and delistings.
Both were long the lines of the market not placing enough value on the company and an existoing shareholder took in private and took care of managemet to smooth the process. Offers were the average share price over the previous number of weeks or months with a premium added. 40% is about it.

I don't remember all the details but made money in both. SBS, INSC were the stocks.

There was a 3rd in US, can't remember the name but was servicing aircraft meals. Guess they have been havng a rough time recently.

Took cash each time but there were options to maintain shares in the entity on SBS but problem is then liquidity afterwards as you cant easily sell.

The board have acted in a way that encouraged where we the share price is now and a lack of confidence in forecasts means no one outside of dbay want to buy at volume about this price. Perhaps they might have acted differently if they had understood what the outcome might be. It stems from the Perfect Commerce acquisition and the money raised that went up in flames so no one wants to touch the company at this price until they see proof of performance. 65p might be a good sell price. Its OK with me if the alternative is stagnation.

Stockholm syndrome.

If they hit or surpass revenue targets helx will look like a right kn@b and have to find another reason to gripe.

Buy price is critical.

Too early or too high, even if it plays out, = wrong.

Accounts for a lot of sour grapes.

Thank you. Any date for a trading update?

Holdlong - excellent post. Couldn't agree more.

With a sensibly sized position here relative to to a total portfolio value it's a decent risk/reward sub 5p imho.

Thank you for that summary, helps clarify my sometimes forgotren thinking and reminded me why I invested here.

Sorry for those wno bought in too early. Time looks about right now too.

If anything he said isn't insider type of detail what was the general feeling you got?

When the platform is fully running both games and advertisers will meet there. BIDS won't need to chase games nor advertisers. Both will meet in the arena created. Constantly chasing games isn't the future, its also why this us taking so long but once up it can scale quickly. Just imho, dyor etc.

Done right its a great model. Like an auction site.

Webinar 27th Aug, AGM.

I can tun a blind eye to the revenue fall back this year swapping lumpy one off sales for revenue over life. The predictabiity is more in keeping with an annuity dividend paying holding and if they manage to get the label of SaaS associated with the compant the multiple will benefit. Just ruddy frustrating.

I was palnning to be out by now but looks attratractive to hang around a while longer. Missed the recent run-up to exit as was looking for 10p.

Looks like they will want to sell this as a SaaS business, removing lumpy revenues and with excellent visibility. Usually achieves a better sales multiple on acquisition as much less risk to the acquirer.

only dolution for holders at the time.

It doesn't need much volume to shift it a few per cent so with some reasonable exposure it should move. Haven't found any news to account for interest except a mention of breakeven being close but it didn't state when.

Be patient. Just because work is done that doesn't generate immediate revenue doesnt mean its not work that needs to be done.

Tried testing a platform without real world exercise of the platform?

Looking good. Get the foundations right and it will scale fast.

Some sells are buys.

36's, not 26's.

The last trade in the 35's was July 20th and it has been 26's since.

helx, if you hold any shares here you are irrational if you believe what you post.
Like knowing a ship will sink with all hands lost yet still buying a ticket and boarding. Not a healthy way to proceed.

I did some quick Google Trends looks into search terms of Proactis and Bepayd just to see if there is anything of interest. Nothing to see in any of the main geographies except a major source of searches for Proactis is from Wales.

No noticeable general interest spikes in Proactis and bePayd didn't have enough data to register outside of the UK.

I suppose its to be expected ss not much is happening but sometimes there are interesting trends in some names in some geographies.

well thought out & high probability of being totally correct.