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Share Name Share Symbol Market Type Share ISIN Share Description
Big Sofa Tech LSE:BST London Ordinary Share GB00BZ1B7619 ORD 3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.375p +1.55% 24.50p 23.50p 24.50p 24.50p 24.00p 24.125p 353,268 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 0.8 -4.4 -82.6 - 13.90

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Big Sofa Tech (BST) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:1424.502,500612.50UT
15:26:0823.3050,00011,650.00OK
15:11:1723.792,900689.91O
13:58:1923.511,000235.10O
13:54:1323.512,655624.19O
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Big Sofa Tech (BST) Top Chat Posts

DateSubject
27/7/2017
09:20
Big Sofa Tech Daily Update: Big Sofa Tech is listed in the Software & Computer Services sector of the London Stock Exchange with ticker BST. The last closing price for Big Sofa Tech was 24.13p.
Big Sofa Tech has a 4 week average price of 22.25p and a 12 week average price of 19.50p.
The 1 year high share price is 30.50p while the 1 year low share price is currently 19p.
There are currently 56,753,104 shares in issue and the average daily traded volume is 781,138 shares. The market capitalisation of Big Sofa Tech is £13,904,510.48.
25/7/2017
18:07
hedgehog 100: Well, after closing at 23.75p yesterday, the BST share price had fallen to 22.375p at 9.30a.m. today, when the AGM was due to start. However, it then closed back up at 23.25p. This may indicate that the feedback at the AGM was positive. And such an intra-day reversal back up is a bullish sign in technical analysis. The pre-opening AGM statement may have been misunderstood by some in this part: "We also continue to develop opportunities with additional significant customers and are confident that one or two of these will start to deliver revenue in the second half." That is referring to significant new clients who haven't yet been announced. The major new clients already signed up this year are of course already delivering revenues.
20/7/2017
17:57
hedgehog 100: It's not a worry for me Opodio, big, small or otherwise. A consideration of BST's operating loss and cash position will help explain why. 28/06/2017 07:01 UKREG Big Sofa Technologies Group PLC Final Results " ...Operating expenses include GBP785,000 of AIM listing costs and GBP705,000 of deemed reverse acquisition costs, both of which are non-recurring. ... The balance sheet at the end of 2016 remained strong with cash of GBP2.5 million ... Operating loss (4,297) ..." https://uk.advfn.com/stock-market/london/big-sofa-tech-BST/share-news/Big-Sofa-Technologies-Group-PLC-Final-Results/75126028 I.e. the 2016 operating loss excluding non-recurring costs was £2.8M., only slightly higher than the year end cash position. The speed with which revenues are growing means that there may well not be an urgent need to raise more equity funds before the company is at or near profitability, especially as it could prefer debt if necessary. And there are major short-term share price surge catalysts expected: 1. Two more major deals like Ipsos and P&G expected to be announced over the summer. 2. Interim results in September. 3. BST expected to be breaking even by the Autumn. We're already in the second half of July, and it will be nearly Autumn before we know it. The closer that gets, I would expect anticipation and excitement to keep building. BST could of course choose to do undertake a placing, e.g. if it dual-lists in America as is the claimed intention. But if it does, the sort of explosive growth being achieved should mean that funds should be available at a very healthy share price.
16/7/2017
20:10
hedgehog 100: Thanks to Pet Lover for flagging up this massive BST share buying by BST directors, a huge vote of confidence: pet lover 16 Jul '17 - 19:01 - 133 of 138 1 0 "(iii) on 30 November 2016, and conditional upon the passing of the Resolutions at the General Meeting, Adam Reynolds, Steven Metcalfe and Nicholas Mustoe each agreed to acquire 2(e) 449,000 A ordinary shares in Big Sofa for £138,333 from Environics Research Group Limited, a trade investor in Big Sofa. Messrs Mustoe and Reynolds are shareholders in HubCo; The above is fact from the BST Admission document." pet lover 16 Jul '17 - 20:01 - 138 of 138 1 0 "They were BST backers who sold their shares to the BST directors last year." LOL - GheeBee doesn't seem to realise that director share buying is a bullish indicator.
30/6/2017
21:10
hedgehog 100: By the way GB, NEW are sitting on a big paper profit by virtue of their exposure to the BST share price rise above 17p - which they wouldn't have if you have had your way. And it's likely to be far more. Which makes you look very silly doesn't it.
28/6/2017
19:21
gheebee: Big Sofa Technologies disappointing results, take profit (LSE:BST) by ValueTheMarkets • June 28, 2017 This morning Big Sofa Technologies (LSE:BST) announced its full year results to 31 December 2016. Unfortunately, the numbers failed to live up to expectations and the company’s stock has fallen to 25p on the bid, last seen. This still values Big Sofa at £14.2million and unless there has been a dramatic improvement in H1 of this year, the obvious risk is that the company will need to come back to the market with its cap in hand before the end of 2017. When Big Sofa came to market in December last year there was a lot of excitement surrounding the stock. The IPO was offered through the Teathers App and the company’s share price has performed very well since, peaking at 29.25p in the last few days. From the listing price of 17p, this represents a near 70% gain. In his note to shareholders today Big Sofa’s Chairman, Nick Mustoe, described some of the company’s “notable achievements’ in H1 of this year. These include: “… a three-year Master Service Agreement signed with Ipsos, one of the top-five largest market research companies in the world; a global partnership with P&G; and a Supplier Service Agreement with Survey Sampling International, a leading global provider of data solutions and technology for consumer and business-to-business survey research.” Taken at face value, this is impressive stuff, but some other cracks have started to appear in the story, which have the potential to damage sentiment. The first problem is Big Sofa’s revenue. When Big Sofa came to market, the underlying business was valued at just over £4million. We were told revenues for 2016 were expected to be between £1.5million to £2million. In fact, Big Sofa only generated £757,000 during the year. The revenue miss was a big one, but the greater concern is Big Sofa’s cash position. On 31 December 2016, Big Sofa had cash and cash equivalents of £2.5million. This is OK, but when you consider the company raised £6.1million only 2 weeks before it is clear over half of that fundraise went straight out of the door to cover existing debts and listing costs. Big Sofa’s total costs of sales for 2016 were £378,000 and admin overheads were £3.19million. The company’s running costs were nearly £300,000 a month and that was before the post-listing expansion drive. Since it debuted on AIM, Big Sofa has expanded operations in the USA and taken on new staff. This is great if this increased expenditure has lead to greater sales, but it is normally the case such investment in a business takes time before it starts to make a positive contribution to the bottom line. Talking about the early results of Big Sofa’s attempts to grow the company, Simon Liddington, Big Sofa’s CEO, wrote: “We have made significant operational and financial progress in the first half of the year, growing a substantial new business pipeline from just c.£100,000 at the outset of the year to over £1.35 million today… …[the] strategic partnership with P&G has already led to over £500,000 worth of proposals submitted with £190,000 already commissioned in Q2 2017. Big Sofa also expects P&G’s level of engagement with our technology to grow significantly in the future.” This all sounds positive, but is it enough? When Big Sofa listed, non-executive director Adam Reynolds estimated that Big Sofa’s cost base for 2017 would be between £5million and £5.25. Reynolds hoped that Big Sofa’s revenue would be “in the region of £4million to £4.5million, with the company losing £1million in 2017”. If Big Sofa lives up to these expectations then the company could sail into 2018 on the crest of a wave. However, since the company has just suffered quite a big miss in terms of revenue generation for 2016, the risk is that revenue for 2017 will also fail to live up to expectations. If this happens, shareholders will naturally be concerned how long the company’s remaining cash will last. While it is encouraging that Big Sofa has a £1.35million sales pipeline, it is difficult for shareholders to be able to assess how meaningful this is. What is Big Sofa’s conversion rate of potential sales into fee-paying contracts? What is Big Sofa’s monthly cost base now? What future potential is there for the sales pipeline to grow? Until we see Big Sofa’s interim figures for 2017 in September we won’t be able to answer these questions. However, now that the company has just delivered a disappointing set of results relative to expectations, it would seem appropriate to adopt a more cautious stance towards the stock. At 25p on the bid, investors who participated in last December’s IPO are still showing a near 50% paper profit. Banking a good chunk of this looks like a sensible move.
28/6/2017
18:36
hedgehog 100: Let's consider the explosive nature of the 2017 growth here, which is better than I had been expecting, but which people seem to have been missing - 28/06/2017 07:01 UKREG Big Sofa Technologies Group PLC Final Results "... Revenues grew to GBP757,000 in 2016, with average monthly revenue approximately double that in 2015 ... Strong start to 2017, with revenues in June more than three times greater than January ... We have made significant operational and financial progress in the first half of the year, growing a substantial new business pipeline from just c.GBP100,000 at the outset of the year to over GBP1.35 million today ... of the proposals decided upon so far this year, Big Sofa has converted 54% by value ..." https://uk.advfn.com/stock-market/london/big-sofa-tech-BST/share-news/Big-Sofa-Technologies-Group-PLC-Final-Results/75126028 I.e. Revenues up over 200% in five months, an annualised increase of over 1,000%! And order book pipeline up about thirteen-fold in five months, an annualised increase of over 20,000%!! In 2016, turnover was about seven times the year end order book pipeline. If a similar ratio applies this year, we should therefore expect multi-million pound turnover in 2017. The order book clearly has a quite rapid turnover, as you would expect with this type of business, but which some people may not appreciate and which is therefore fooling them. Moreover, the conversion rate of over 50% is stunning: not only is it a very strong validation of BST's offering, but also bodes very well for further strong revenue growth. Now let's consider the operating loss and cash position: 28/06/2017 07:01 UKREG Big Sofa Technologies Group PLC Final Results " ...Operating expenses include GBP785,000 of AIM listing costs and GBP705,000 of deemed reverse acquisition costs, both of which are non-recurring. ... The balance sheet at the end of 2016 remained strong with cash of GBP2.5 million ... Operating loss (4,297) ..." https://uk.advfn.com/stock-market/london/big-sofa-tech-BST/share-news/Big-Sofa-Technologies-Group-PLC-Final-Results/75126028 I.e. the 2016 operating loss excluding non-recurring costs was £2.8M., only slightly higher than the year end cash position. The speed with which revenues are growing means that there may well not be an urgent need to raise more equity funds before the company is at or near profitability, especially as it could prefer debt if necessary. But of course it may choose to do undertake a placing, e.g. if it dual-lists in America as is the claimed intention. And if it does, the sort of explosive growth being achieved should mean that funds should be available at a very healthy share price.
23/6/2017
10:12
kaka47: PetPlease don't respond to those guys on the other thread they are waste of time just stick to writing your posts on this thread Believe me Title of this thread is Awesome and Represents the future performance of BST Share price and believe me BST will be a ROCKET people want in their portfolios.
18/6/2017
07:28
pet lover: OPTI / BST both have incredible growth prospects. From the starting line today BST is valued at £13M and OPTI at £54M. BST also has cash. The share price of OPTI has been about flat for the last 18 months, so whatever has be going on in the time has not been reflected in the stock price ( for whatever reason). Back to BST. New agreements were signed in APRIL 2017, that, just 8 weeks later are beginning to produce significant revenues. In essence the growth is here,and now. If significant growth in revenues can be achieved in just 8 weeks, what will those revenues be like in 8 months.? Hence my personal forecast of one million a month revenue by December 2017. In 2015 they had £400,000 revenues and we understand ( from podcast 2016 revenues were £1.5M - £2M). In any event will will have official numbers within the next ten days.
17/6/2017
12:43
kaka47: Shares with short term ( 3 years ) unlimited upside are rare, very rare.The companies who have agreements/ contracts with BST now have an edge when plying for clients surveys.Since the BST software is a very new concept, it's fresh offering offers something different,and extremely exciting.That alone is enough to grab attention and market share.Roll on a few months,and it starts to become a standard.Within a year or two a large slice of all surveys will be done this way.BST are going for an all out grab of the market before others can get established.That's why I believe it's a tat pointless talking of a 50p, £1.00 or two pound share price today.If as I believe is the case BST is the next FEVR, RIGHTMOVE,ASOS, or BOO then the trick is to be in early and HOLD until the flood of buying pushes the stock at least 25 times higher than today.Remember this is a cash cow as soon as overheads are covered, it takes tiny amounts of extra income to put 10p on the share price when you have a very high PE ratio.(PET LOVER)
17/6/2017
11:13
pet lover: Shares with short term ( 3 years ) unlimited upside are rare, very rare. The companies who have agreements/ contracts with BST now have an edge when plying for clients surveys. Since the BST software is a very new concept, it's fresh offering offers something different,and extremely exciting. That alone is enough to grab attention and market share. Roll on a few months,and it starts to become a standard. Within a year or two a large slice of all surveys will be done this way. BST are going for an all out grab of the market before others can get established. That's why I believe it's a tat pointless talking of a 50p, £1.00 or two pound share price today. If as I believe is the case BST is the next FEVR, RIGHTMOVE,ASOS, or BOO then the trick is to be in early and HOLD until the flood of buying pushes the stock at least 25 times higher than today. Remember this is a cash cow as soon as overheads are covered, it takes tiny amounts of extra income to put 10p on the share price when you have a very high PE ratio.
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