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Cycladesa, if i were a chief exec of a AIM listed minnow about to break into a major industry with some experienced heavyweights onboard, i would not post on linkedin stating that everything is rosy and a hope to give holders a good xmas break until the contracts have been signed. Schoolboy error.
I have been in shares where CEOs have promised 3-4 times the share price, and theyve gone bust. Im experienced enough with AIM to know how murky it can be. Not saying JD is, but factors outside of his control can bring the company down! In any case, fingers crossed he has learnt from this and can now build bidstack into a major player. Merry xmas all.
Still a hold, still think dilution is coming. Factoring in some delays till profitability. I think FY revenue will be dire.
BUT, this could see exponential growth when the 'taps are turned on'. Bottom drawer with possibly a small topup once the company is funded for the foreseeable future.
The results could spark a uplift in SP. Copper and gold have been strong recently, of this continues then hopefully results will reflect that.
PS, its gone from near £4 to £5.50 in avery short space of time, thats a healthy 30% there so some churn is normal.
Maverick, the issue for me is JD very recently posted in LinkedIn about market expectation being met and even boasted about a good winter break. This wasn't 12 months ago, or 6 months ago, this was only 6-8 weeks ago.
If timelines were slipping and 3rd parties were holding things up you can bet he would have known. To make a public Linkedin post about feeling confident that revenues will be met knowing full well the ink on the contracts hadn't dried yet is foolish. The market will now play on that, and trust will be a big issue here. Yes the RNS states major games are due Q1 and Q2 but if the man cant even foresee 6-8 weeks ahead then why does he think the market will believe anything else he says.
Poor form from JD, you'd have thought he'd be a bit more contained since his ramping earlier in the year. I'm not selling yet, but this is strike 1. Strike 2 and im out no matter what share price. Real shame, as this isnt your average miner or oily, its a really neat piece of tech with such huge potential. Bottom drawer these go....
Hi Bottmzup
I wouldn't make assumptions with AIM, not exactly sure of the rules and whether they need to declare. Bear in mind, i dont recall Bidstack themselves every quoting any figures (correct me if wrong). All I am aware of is a old broker note alluding to 6m revenue for the year.
Funny old one this, share price has been pumelled and its very unlike JD to have kept quiet. Remember the results day and the 30K revenue shock, he came onto a podast and explained it. There's a plan in motion here, whether we will benefit from it or not remains to be seen.
Top sliced too. Anything is possible with Trump. This weekend leading up to 15th should be interesting. Wouldnt be surprised if he craps on this mornings FTSE optimism.
The longer KAZ stays low the sharper the rise will be. Plenty cashflow being generated at these prices, lets hope copper stays up.
Too right Mniy,
I spoke to a friend about BIDs a while back and all i said was imagine being able to dynamically serve ad's into games. He just couldn't fathom it despite being a bit of a techie earlier in his career. When you look at Google, Facebook, Insta they live off Ad's. Gaming as of yet is untapped apart from the mobile games with intrusive ads in your face.
This really is just the start, it whether BIDS will be the ones to capitalise or whether someone else will come along and sideswipe them. That my risk in investing, not concerned too much about dilution or revenue for this year.
Made a small topup. Tough call, maybe the markets sniffed something out hence the downtrend over the last few months. Is today capitulation point? Although i dont expect revenues to be anywhere near 6m, i do think theres a bigger plan at play here. The silence from Jd is quite unusual, there has got to be something in play here so have topped up with a small stake.
BTW, i fully expect poor revenues for H2 and i fully expect a placing too. Happy to take the risk knowing that. You wouldn't have created Unity and Unreal SDK's for fun.
Autonomy, i guess the volume isnt there due to Trumps mood swings. Monday he tweeted trade war could be delayed, markets dropped, 48hours later he tweeted trade talks going well. Then he slaps tariffs on France and other south american countries.
He is playing the markets and unless he secures a deal, sooner or later either China will walk away and let him burn or the market will lose faith and fall back. Expect lots of volatility while hes around.
oh forgot to add, i was in ASOS when it dipped after the 2nd profit warning. Was 15% down, then they released a 'mediocre' trading update and suddenly i was up 30%. Just shows the market works in mysterious ways at times. A hint of good news and this will fly.
I'm with you on this one tealo1,
Great share over the medium-long term i think, just waiting for that entry point though. I think it will go sub 500p once a trade deal is signed and the economy 'looks' strong again. Lets face it, only a matter of time before a correction comes. At that point, im hoping PM's rise and with it so does FRES. But before that happens i think this will go lower. Watching closely...
Good luck to those already in, if it rises and holds then you've done well.
Probably a good thing JD is keeping quiet. His over excitement may well have given Anzu leads that they hadnt consideted.
Happy for BIDS to trod along quietly for now, NDA's all round!! Then drop the mother of all RNS's when its time.
Oh and i forgot to add, for anyone intetested in gaming stocks, look at KWS. Bounced nicely as of late but if we all believe gaming will grow, then KWS could be well placed to benefit from it. Its my steady eddy share for gaming, nowhere near as explosive as BIDS could be tho.
Nice to see a uptick in share price. Only 2 fridays ago i made a post about those moaning about the share price while it was at 17p. Fast forward 14 days later, were 30% up and sentiment on the board is a lot more positive yet zero news has been released. Funny how emotions work 'ey.
Be patient folks, im sure JD is piecing it all together, hopefully wont be long before he reveals what theyve been up to.
Just as I've decided to sell up and cash in once I get to break-even (circa 30p), this happens.
Now, why would Ian join a sinking ship. Yes he is only a NED but why even waste his time on CNR unless he see's something there. So, once again i'll bunker down and lets see how this progresses over the next 6-12months. when you've been holding for 10 years, a few months seems meagre.
Ok, got a bit carried away there folks. Its not a fact, but 'in my opinion' theres a fair few holders here just wanting to trade it, nothing wrong with it, just dont see why the constant dependancy on price moving news. We had a news/podcast/rns rich H1, and JD mentioned last week in his Linkedin comment that theyre now going to get there heads down and try to deliver without leaving breadcrumbs etc.
Agree that the SP fall has been disappointing, but thats AIM, full of speculative traders just wanting a quick buck (who can blame them). The way i see it is, if JD can deliver what he says, then there will be some explosive upside to the current SP, no matter what it is right now. I've even done the maths with double the shares in issue and its still a compelling investment.
Fact is, those eagerly awaiting news (demanding it) are those who've got a trade thats on a loss and want to cash in. I admit ive got 3 positions, 1 core and 2 trading but me posting on the LSE board begging for news wont make it happen.
Just sit back and let BIDS do their thing. Trust the process and if you loose, well then... 'you takes your chances...'. Am cautiously optimistic but AIM can be a merky place. Still sitting tight, potential is there, its whether they can execute.
We still dont know how much revenue this will generate. Plus would be good to get confirmation from BIDS themselves that they're live in this game.
What i find more interesting about that paragraph (taken from IPO) that was posted in the tweet is the bit that BIDS technology will be able to monetise even pirated games. Piracy is a major issue, but suddenly game developers now have a means to make money even from pirated copies of games. Thats something i totally overlooked and not to be underestimated.