Bidstack Share Discussion Threads

[moneygenxyz] 26/7/2019 07:03

Well global nomad, £45m for Lewis Dunk tells you how football has inflated over the last ten years due to demand and sponsorship.

It becomes a self-fulfilling contained bubble. I expect gaming to be on sky sports in the next 5-10 years.

[global nomad] 26/7/2019 06:41

A reminder in main stream media of how big gaming has become...teenagers in line to become millionaires if they win or generally succeed..this is the new premier League.



Think of the cost of getting global corporates sponsorship/ads in that market and then those that will facilitate it and you can see where bids might be heading.

[stevoc1964] 26/7/2019 02:21

Good article regarding esports opportunities:-https://datareportal.com/reports/digital-2019-understanding-the-esports-opportunity

[lauders] 26/7/2019 02:12

Don't think this particular link was shared although pieces from other sources on the same topic obviously have been:


Rob Dembitz and Simon Gosling, Bidstack Group

In-gaming advertising platform Bidstack Group has appointed Rob Dembitz as chief commercial officer (CCO), and Simon Gosling as chief marketing officer (CMO).

Rob has spent the past decade working in private equity backed media businesses, including EMI and Cannes Lions, where he served as global head of innovation.

With an MBA from London Business School, Rob’s new role will see him creating clear commercial strategies to maintain the firm’s market position.

Rob commented: “I’m excited to be joining a company which is thinking years ahead in terms of digital advertising and is devoted to reaching a rich, growing audience across the gaming ecosystem, enabling brands to unlock a channel that has been hitherto inaccessible.”

Simon brings more than 25 years of advertising industry experience to the firm. Prior to his current role, Simon worked as Futurist at Unruly, where he was responsible for leading the ‘Future Home’ project from concept to completion.

Commenting on his new appointment, Simon said: “I’m thrilled to start working alongside such a talented and ambitious team who are at the cutting edge of digital advertising.

“Bidstack possesses a tremendous vision for the future and I am excited to be part of a team where so much innovation is taking place.”

James Draper, CEO of Bidstack added: “Adding Rob and Simon strengthens our management team as we put into place the foundations for the international growth of Bidstack.”

The bold part shows that BIDS believe they are in the lead and want it to remain that way.

[stevoc1964] 25/7/2019 23:24

Further.... my research leads me to think that Bidstack retains a significant first mover advantage.

You will have to do your own research on that one.

[stevoc1964] 25/7/2019 23:15

They do say they have competitors. On 18 June 2019, JD, the CEO, said...we know where we differentiate from any potential competitor...we know what people like about us compared to anybody else.......we have an idea of what certain competitors are up to and we feel more comfortable than ever.This was after E3. I'm not naive. He's not going to talk up the competition. But nobody is saying that there is no competition.

[superg1] 25/7/2019 23:00

Stevoc maybe but not before H1 results for me and I have loads to read up on. It matters not it goes up or down prior. They say they believe they have no competitors.

I don't trust nomads so I want to know their actual spend and cash position is. It may get big news prior, I'm not bothered.

[superg1] 25/7/2019 22:56

Money
the share price is irrelevant as an entry point, expectation of the masses invested is.
I research those invested as much as I do the company.

The key for me is understanding of the business and the real potential, not what some analyst put in a note.

If I trusted analyst notes I'd be broke by now.

This is about considered justified expectation not the nonsense that many post. Many of that type will just be gone overnight .

Some no doubt have gone already, posters that have been here a while may know of a few.

[scottman72] 25/7/2019 22:46

Another interesting point to this is what JD has stated with respect to future news. I.e. expect multiple contract notifications at the same time. An advertising contract along with multiple games contracts. The premise of this is that the game contracts are already agreed but not notified as they themselves have no impact on revenues without the advertising contract in place.

[girdz] 25/7/2019 22:45

JD reads this BBs. Probably has a laugh reading through some of these posts. Forgot what financials say, it's executing to perfection in the remaining half of this year that matters. JD hasn't employed a load of monkeys to move BIDs forward. They are the guys at the top of their game. This is my sleep easy! Unless there is something critically wrong with the tech (which actually has been verified recently) then I would fully expect these guys to deliver.

[scottman72] 25/7/2019 22:38

Agree Hazel, lots of excitement. :-)
On the profit warning aspects. A little clarification.
There are two main requirements relating to profit warnings. One is clear, the other is vague. SG referred to one, but this only relates to new contracts affecting expected profits. Day to day revenues are explicitly excluded from a need raise a notification if beyond 10%. Thus means that within a current contract no notice is needed if revenues change by more than 10% unless vague aspect 2 is relevnt. Which moneygxyz mentioned. Anything that may generate a significant impact on the share price.
But there is no clear definition of what significant is.

[hazl] 25/7/2019 22:25

The new poster was out to cause doubt from the very beginning.
There could be several reasons that he could be doing that.
Again, he got some decent investors to do all his hard work for him, with prospective figures and so on.
Could have done it himself...or maybe not?

The share is already off it's high and he has picked his time when there was going to be a natural lull in the news.

I think this is one of the most interesting speculative shares out there that hasn't been going very long.
It can't be treated like an established firm with revenue and profits before they can walk, talk about run in my opinion.

I believe that it's likely that they are trying to get in cheaply.
Time will tell.

This company might not be the ones that crack this industry, it is too soon to tell, but I hope they are,because it looks a very lucrative one.
Good luck folks.

My paper profit has gone down a bit since the high but there is a very exciting time news-wise to look forward to from what I can gather and I am
excited by that.

[moneygenxyz] 25/7/2019 22:03

And Steve hit the nail on the head there.

I’ve seen maybe a few naïve forecasts due to lack of info but nothing that will destroy sentiment at this stage. I mean it’s a guess and we’ll be roughly wrong..

I think the mix is 10% derampers 80% sensible 10% excitable.

I’m generally between sensible and excitable depending on news. Although Niggle bless him RIP has tamed me.

[moneygenxyz] 25/7/2019 21:56

Thanks Steve.

General disclosure of price sensitive information

11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities. By way of example, this may include matters concerning a change in:

- its financial condition;
— its sphere of activity;
— the performance of its business; or
— its expectation of its performance.

———;——

Given that the company is loss making and generally not a going concern without further funds I’m not sure that I’d really focus on any short term movements due to a max £1.5m revenue miss in H1 primarily through timing rather than lack off market.

I’m not sure if regurgitating old facts and figures is very useful to the board. It’s good for you SG if you think there will be an opportunity to get in lower due to short term fluctuations and I’m sure we can all muster up funds to do the same in that situation.

I personally see any lower as an opportunity, most on here also see the opportunity cost and transactional costs of trading in and out of short term fluctuations.

We’re not overly greedy, 400% in 5 months is a fair few years of investing in a cash ISA that I can skip.

Just remember, JD might paint the worst picture in the world in terms of finances (think Uber cash burn) but generally (as we’ve seen in the price action) outlook and opportunity is the key driver here. And I’m very sure there will be a few rabbits out of the hat to come yet.

[stevoc1964] 25/7/2019 21:56

Superg, There aren't many regular contributors on this board that ramp up revenues. There are plenty.... myself included....who see the potential of Bidstack. That is why we are investing our money here. I think most of us have put in the hours researching the company. This is a great board for people sharing their research and knowledge and opinion.Maybe one day , you will buy a few and join us?

[parob] 25/7/2019 21:53

I would imagine most investors here will be looking forward, and will be buying into JD's ambitions and vision for the future, not H1 revenue. By the end of Q4 we will have a much better idea of where the business is heading.'We aim to become the biggest video game advertising media owner in the world'- Bidstack's CEO James Draper discusses his firm's 'once in a lifetime' opportunity.hTTps://www.valuethemarkets.com/2019/04/12/we-aim-to-become-the-biggest-video-game-advertising-media-owner-in-the-world-bidstacks-ceo-james-draper-discusses-his-firms-once-in-a-lifetime-op/

[superg1] 25/7/2019 21:44

Money

The general rule is if you are going to miss by more than 10% then a profit warning has to be released. So for YE that would mean less than £5.3 mill for Bidstack.

H1 will be irrelevant they have already said it will be weighted to H2.

But they can reset that figure up or down on H1 results as they could be well into H2 when they release them.

[stevoc1964] 25/7/2019 21:36

Parob, I think you're absolutely right. Things are moving so quickly that the note last year seems outdated now. Hence my belief that we simply don't have enough information to make an educated guess. By all means people can speculate, but the figures will be out soon enough anyway.

[stevoc1964] 25/7/2019 21:31

Moneygen,The answer to your question is in here somewhere. I've not been through it....it's 53 pages....page 6 has information on the general disclosure of price sensitive information :-https://www.londonstockexchange.com/traders-and-brokers/rules-regulations/change-and-updates/stock-exchange-notices/2019/n0419_attach2.pdf

[parob] 25/7/2019 21:23

It seems they are expanding much faster than they originally anticipated in order to capitalise on the opportunity in front of them. "There are a lot of things going on - as you would expect - as we're trying to condense three years worth of stuff, of building blocks, into one year. So as you would expect we are building something that has to scale quickly, particularly over Q4, scale rapidly. There will be a lot of stuff coming out in Q3 I would imagine."

[scottman72] 25/7/2019 21:18

Your Flagging SG. What’s your game? Why are you trying to put BIDS down as you’re just showing yourself up!
You’ve yet to detail where BIDS have stated that H1 expectations won’t be met.
I can not locate any statement either that BIDS would not need a major raise and then immediately raised £5m. If you are referring to this year they actually stated they were considering raising just prior to the raise based on market speculation. The complete opposite of what you are trying to perceive.
BIDS has also stated that they are now trying to compress 3 years work into 1. Which can’t be done without additional resources. Which doesn’t affect revenue and is thus a mute point anyway.

[superg1] 25/7/2019 21:02

That note looks very finger in the sir to me.

First up they said no need for a major raise due to cashflow then straight off the bat £5 mill.

Another point

Our model assumes an increase in the current headcount from 9 to 19 by December 2018, 27 by December 2019 and 30 by December 2020.

So I tried to find Bidstack staff.

There are 6 advisors, I assume they don't come for free.

So far I am up to 32 staff and 3 jobs advertised, near all of the 32 were in place in H1 or prior. I won't have found them all, I'm working off one source so far.

When they add the 3 that's 35 and as said no way will I have found them all.

I don't trust notes. Forecasts rarely get hit, they assume uptake in this one, already suggested a miss in H1. Costs will be higher than forecast as the numbers are wrong in reality.

[moneygenxyz] 25/7/2019 20:49

General related question, what are profit warning requirements for AIM IPOs?