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Share Name | Share Symbol | Market | Stock Type |
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Amala Foods Plc | DISH | London | Ordinary Share |
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TRAVEL & LEISURE |
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Posted at 22/3/2021 22:33 by terminator101 Why not make the investment case then instead of complaining that not everyone shares a view that it's not amazing? How much cash do they have for example. Give ya a clue it's almost none. What about how Bishop got his shares in the first place from the IPO? Anyone looked carefully at the books from that period and seen what the money paid for? Give ya a clue, it was used to buy out the debts from previous failures. Then what about the countless strategy failures from failed acquisitions of table pounder (where they failed to keep any customers) or move to a boots on the ground strategy(another failure) or a telesales strategy( yes indeed another failure) or a give it away for free strategy (funnily enough another failure) or the most recent which is abandon everything and invest in some kind of food business (seems like a burger van outfit) Come on, tell us how this is going to make investors money, or even prove that I'm wrong in my assessment. |
Posted at 29/1/2021 16:34 by mcrudden The buying certainly doesn't look like investors jumping ship to me. Guess the shorters will find out soon enough |
Posted at 30/12/2020 22:16 by topazfrenzy Worth the puntyou all know I'm not a fan of AB whatsoever but the tech could well be put to use in lots of other contexts and could well surprise everyone this year anyway, 3p could easily happen fast depending on what is announced in January all the bad news is baked in now, and funnily enough all the bitter investors are still watching it so FOMO will kick in and this could double in a day GO for it! I have! We may all be pleasantly surprised. GLA! |
Posted at 08/12/2020 12:44 by figtree99 No placing - stop adding BS.Last RNS states cleary they do not wish to dilute - And current recent funding can be stretched until 3rd quarter 2021 - i.e 9 months away, and by that time they will have benefited from their new business stratgey and goal to become fully sustainable by premium attained on sweat for equity venture build diversification strategy. Good opportunity at this price for new investors. All info is in the last 4-5 RNS by DISH. READ and you will see that they now build on systems for other sectors outside of food technology area. FTH. |
Posted at 03/12/2020 18:39 by figtree99 New CEO appnt - TBA - (experienced in technology-led sales in international markets)New NED: TBA New enhanced Mngt Team - TBC Change of Co name: DISH to XXXXX - TBC Further Update on Co strategy with private investor -TBC Geographical segments:India, Jersey, Hong Kong, Indonesia and the Philippines. Its subsidiaries include BigDish Limited, BigDish Inc. and PT BigDish Ventures Indonesia. ——— New Business goal - Developing a “Venture Builder” business model to gain sweat equity stakes in a portfolio of assets with no cash outlay. New Business Strategy - Update on investing in business technology companies aquiring % shares stake for software development as alternative to payment. I.e. developing a Venture Builder model to diversify into having a portfolio of technology business assets, which would include the BigDish platform. *Funding - BigDish business to be funded privately and in a non-dilutive manner. $5m Private Investor to aquire 20% stake of SPV* The investor” would own 20% of the SPV*. This investment would be made into a private company, a *Special Purpose Vehicle (SPV), that would operate the BigDish business. The SPV would operate BigDish in various international markets including the UK *Funding - yes beyond the 2nd quarter due to lower cost in India offshore IT tech team. DISH -India based software development team The technology team is able to modify the code to make the technology applicable to other sectors. Therefore, the Company has decided to commercialise the opportunity, especially given that opportunities have multiplied in technology and online applications, due to the pandemic. (Awaiting updte on Development Progress) |
Posted at 03/12/2020 18:34 by figtree99 +33% - we are stll 1.2pInvestors/ Buyers interest in new announement into Venrture Builder Diversified Company Company to update on Agreements for Equity Stakes” On: “signed agreements with several significant startup and early stage technology companies” whereby BigDish will provide the technology in return for equity stakes. There will be no cash contribution required from BigDish to support these businesses. - Own equity stakes in exciting ventures with no capital outlay. TBC - ‘several businesses that have been identified” that the Venture Builder will build technology for and the Company will update the market in due course. TBC DISH - Looking Forward Statement BigDish is expected to grow into what is termed a “Venture Builder diversification̶ It is envisioned that the new, larger company, having fully developed will be able to “increase the value of the assets at a significant premium to the present market implied valuation”. Current share price = 0.095p High = 0.9p. Low = 0.082p Current Market cap= £3.28m Shares issued = 364m issued Free float 71% = 275m shares 25%=: 94.1m shares held by Lac Ventures, Executives and Paul Scott Employees = 27 TBC An announcement of new “Venure builder diversification̶ |
Posted at 03/12/2020 16:22 by bishopawn Very nice 600,000 buy at 3.39 pm.Still under radar. Savvy investors getting in ahead of the crowd. GLA! |
Posted at 23/11/2020 07:45 by bishopawn Fails to see the obvious that BigDish has big backers with deep pockets.£500,000 loan. USD 5 million investment by high net worth individual. Lender and Investors like what they see. In due course we will see too. For now, we could buy on weakness, sit on the sidelines sniping, or sell at a loss. |
Posted at 27/8/2020 07:17 by blueskyventurer IS this A bishop, a bigdish director ramping his own shares?Small Cap Dog of the Day Bigdish, DISH Aug 6, 2020 by blueskyventurer 6 comments •451 Reads• Edit Bigdish – Buyer Beware The share price has declined from a high of 9.2p to 2.25p. (I have no position) There are many reasons to avoid putting hard-earned cash into this company, but most importantly because the company is a vehicle whose the only purpose seems to be to move wealth from investors to management. I’m still trying to figure out where has all the money gone? With limited resources (Management and cash) Bigdish plan to take on dining reservation and delivery service apps. Investors have to believe that the current zero-revenue business model generating zero cash will generate a critical mass network of restaurants and users of value. All this must happen with the current cash and without mass dilution as the company raises more funds for shareholders to profit. Why this should be on every private investor’s barge pole list Late to the party – Competition has already achieved critical mass and networking-effect. Competing companies have already achieved a critical mass and networking effect. The competition includes; • OpenTable have 5m+ users, it also pays customers to use the app with a reward scheme • Deliveroo 10M+ users, • Uber Eat 100M+ users, • Just Eat 5M+ users. The larger restaurant group have their own personal app all for free. Bigdish with 50k+ users will need to spend substantially on marketing to reach any meaningful size. A musical chair for CEO’s and Strategies • Aug 2018 Listed with Joost Boer, CEO • Aug 2018 announced Asia company acquisition and strategy. • Nov 2018 (3month later) consider the sale of Asian business. • Jan 2019, Bigdish hires new CEO Sanj Naha and refocus strategy to the UK. (No more news on the Asian business). • Dec 2019, Tom Sumner as the new Chief Executive Officer • Mar-2020, Saved by covid-19, Furloughed employee saved cash burn. The company engaged/pay foreign advisory to raise additional funds • Jun-2020 Announce will require more funding by year-end 2020. • Jul 2020 With money running out, new strategy decided to change to zero-fee model for reservation platform (No money), move to a SaaS model (more cost, revenue delay), and launch BigDish-to-Go to take on giants like Deliveroo, and Uber Eats (more cost). • Announcement coming out quicker than hot dinners about new restaurants on the platform note all at zero cost. I assume this is to raise the share price before they tap investors again. The only successful strategy the company has executed so far is to tap investors for cash and pay it to management. (see below) Raising Cash, raising more cash, and dilution • Aug-2018 Listed with 285M shares at 4.5p raising £2.2M. • Jun-2019 placing 29.2M shares at 7.2p company says its fully fund until 2021. • July 2019 issued more share 23M shares issued apparently to pay management (Salary sacrifice) what happened to the cash raised in June? • Aug 2019 13.8M shares issued to for Poucher shareholders. • 24 Jul2020 More dilution as employees asked to take shares instead of pay. 24M shares issued • 29 July BigDish Plc (LON: DISH), announces that Jonathan Morley-Kirk, Non-Executive Chairman, sold 349,045 shares that were recently issued under the Salary Sacrifice Scheme, at an aggregated price of 2.3 pence per share on 28 July 2020 Needs to raise significantly more than £2M to have a viable business I’ve modeled out Bigdish's cost curve (see below). The cost of building an app can be approximately £250K-£500K, Bigdish has already raise £4.5M, and the money used has struggled to build the user base. The largest cost will be the marketing cost for building the user base and network. Using the model at a 50% growth rate they would need to spend close to £15-20M to gain any meaningful scale of business. With a limited network of restaurants and users and more successful competition it hard to find any value in this company. Possible they can tap up investors for more cash indefinitely, but I only see this share being valued at 0p at some point. Models cost for building a network. Finally, I leave you with what employees have to say on Glassdoor (employee company feedback website), and you can come to your own conclusion. hxxps://www.glassdoo |
Posted at 20/8/2020 16:30 by blueskyventurer Small Cap Dog of the Day Bigdish, DISHAug 6, 2020 by Bluesky Ventura 6 comments •757 Reads• Edit Bigdish – Buyer Beware The share price has declined from a high of 9.2p to 2.25p. (I have no position) There are many reasons to avoid putting hard-earned cash into this company, but most importantly because the company's only purpose seems to be to move wealth from investors to management. I’m still trying to figure out where has all the money gone? With limited resources (management and cash) Bigdish plan to take on dining reservation and delivery service apps. Investors have to believe that the current zero-revenue business model generating zero cash will generate a critical mass network of restaurants and users of value. All this must happen with the current cash and without mass dilution as the company raises more funds for shareholders to profit. Why this should be on every private investor’s barge pole list Late to the party – Competition has already achieved critical mass and networking-effect. Competing companies have already achieved a critical mass and networking effect. The competition includes; OpenTable have 5m+ users, it also pays customers to use the app with a reward scheme Deliveroo 10M+ users, Uber Eat 100M+ users, Just Eat 5M+ users. The larger restaurant group have their own personal app all for free. Bigdish with 50k+ users will need to spend substantially on marketing to reach any meaningful size. Musical chairs for CEO’s and Strategies Aug 2018 Listed with Joost Boer, CEO Aug 2018 announced Asia company acquisition and strategy. Nov 2018 (3month later) consider the sale of Asian business. Jan 2019, Bigdish hires new CEO Sanj Naha and refocus strategy to the UK. (No more news on the Asian business). Dec 2019, Tom Sumner as the new Chief Executive Officer Mar-2020, Saved by covid-19, Furloughed employee saved cash burn. The company engaged/pay foreign advisory to raise additional funds Jun-2020 Announce will require more funding by year-end 2020. Jul 2020 With money running out, new strategy decided to change to zero-fee model for reservation platform (No money), move to a SaaS model (more cost, revenue delay), and launch BigDish-to-Go to take on giants like Deliveroo, and Uber Eats (more cost). Announcement coming out quicker than hot dinners about new restaurants on the platform note all at zero cost. I assume this is to raise the share price before they tap investors again. The only successful strategy the company has executed so far is to tap investors for cash and pay it to management. (see below) Raising cash, raising more cash, and dilution Aug-2018 Listed with 285M shares at 4.5p raising £2.2M. Jun-2019 placing 29.2M shares at 7.2p company says its fully fund until 2021. July 2019 issued more share 23M shares issued apparently to pay management (Salary sacrifice) what happened to the cash raised in June? Aug 2019 13.8M shares issued to for Poucher shareholders. 24 Jul2020 More dilution as employees asked to take shares instead of pay. 24M shares issued 29 July BigDish Plc (LON: DISH), announces that Jonathan Morley-Kirk, Non-Executive Chairman, sold 349,045 shares that were recently issued under the Salary Sacrifice Scheme, at an aggregated price of 2.3 pence per share on 28 July 2020 Needs to raise significantly more than £2M to have a viable business I’ve modeled out Bigdish's cost curve (see below). The cost of building an app can be approximately £250K-£500K, Bigdish has already raise £4.5M, and failed to capture a user base. The largest cost will be the marketing cost for building the user base and network. Using the model at a 50% growth rate they would need to spend close to £15-20M to gain any meaningful scale of business. With a limited network of restaurants and users and more successful competition it hard to find any value in this company. Possible they can tap up investors for more cash indefinitely, but I only see this share being valued at 0p at some point. Models cost for building a user base and network. Finally, I leave you with what employees have to say on Glassdoor (employee company feedback website), and you can come to your own conclusion. hxxps://www.glassdoo |
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