Bidstack Share Discussion Threads

[aidenabettin] 17/9/2019 08:13

I dont use level 2 but can someone who does let me know who the market maker is that is pulling this down.Purely for research purposes

[aidenabettin] 17/9/2019 08:10

Other features detailed in the slide for 2019 reportedly include an "Assistant for Operators EAP (Early Access Program)," which appears to be a way for operators to customize Google Assistant with phrases, a Play Store refresh, and a "pilot homescreen and instream ads."

[girdz] 17/9/2019 07:00

So moneygen you asked log one question, I asked it to tell us why they post here especially as this share, I quote, is not exciting, but still no straight answers..Here to antagonise, and disrupt, which give it it's due has been successful at. .Last post from me on log..Roll on results and deals.

[moneygenxyz] 17/9/2019 06:31

Sorry Stoats, saw an opportunity to show him up and I think I’ve done that now. I’ll not be entertaining him any longer. Filtered!

You are correct with forecast dates, I think in financial years as opposed to calendar years.

[global nomad] 16/9/2019 23:11

sounds like log won't be investing until after we have seen 2020 H1 results and by that time the price will be much higher, but s/he is only interested in looking backwards at historic results, rather than forward at potential. no matter, if s/he invest sometime, money will be made

[moneygenxyz] 16/9/2019 22:33

See, got you against the ropes - one simple question and you cannot answer.

Your answer will be no but you won’t answer it because it gives your game away - namely that you have no reason for being here.

Most investors would say yes, because that’s got to be well in excess of 10x more impressions which results in 10x more value. One day we might be talking £1bn Potential revenues, £250m gross margin.

That’s why I’m here Log. That’s why I’m excited.

Good night all 🤫

[moneygenxyz] 16/9/2019 22:23

I repeat, would you invest if they got FIFA on board at £70m mkt cap YES or NO?

[loglorry1] 16/9/2019 22:21

If they do 1.5m in 2019H1 it means they've just continued at same rate as last 2 months of 2018H2. That's flat growth. Let's see what the number is. Meanwhile costs are up and losses with them.

[moneygenxyz] 16/9/2019 22:18

Would you invest if they got FIFA on board at £70m mkt cap yes or no?

[moneygenxyz] 16/9/2019 22:17

Because you arrived to the party late? That’s fine if you see it overvalued but move on. I don’t sit on the TTD bb telling them they are all mental and excitable, I wait patiently for the crash with my cash on the sidelines.

I was in at £20m.

You are also discounting any future titles and any additional services. Given BIDSTACK’s smashing delivery record that’s a pretty harsh and steep discount to make.

[loglorry1] 16/9/2019 22:14

Ok if we are allowed to assume hyper hokey stick growth then anything is possible but they certainly aren't showing signs of that in the financials. 2019H2 needs to be much better.

[loglorry1] 16/9/2019 22:11

...but even £20m is pretty meh... It's really £5m after paying publishers and probably costs of sales is at least a further £4m so 1m profit before tax for a £70m market cap company. Sorry I just don't see what is exciting.

[loglorry1] 16/9/2019 22:06

I know that's their aim but clearly they are failing. 300k out of a potential £100m and we'll soon know how 2019H1 went but if its 1.5m it's basically the same run rate.

[loglorry1] 16/9/2019 22:04

Yes I've said that but why is that exciting and why in the admission document did they say they had FM ready to go with potentially £100m of ad space at end of 2017 only to deliver 300k 10 months later?

[roleybirkin] 16/9/2019 22:01

and Log - 8918....
That is exactly their goal - grow revenues substantially....
Do your own research.

[roleybirkin] 16/9/2019 22:00

Log - 2018 shows £317,000 of revenue for approx two months.
With no growth that would suggest £951,000 for H1 end June.
Any growth with FM plus new games now live will drive that number I feel to at least £1.4m....
Do your own research. Don't be lazy now...

[parob] 16/9/2019 22:00

Yes that is the aim. To grow it substantially. With the aim to become the biggest video game advertising media owner in the world.

I repeat Pubguard were acquired for shares at 34.5p. They should know more about the business than anyone on these bb’s do!

[loglorry1] 16/9/2019 21:57

moneygenxyz I just cant see what is so exciting to you. If, as it seems likely, BIDS doesn't show much growth in H12019 it's looking like a hugely overvalued business burning loads of cash needing a big raise. Maybe you are just excitable.

[loglorry1] 16/9/2019 21:51

Apologies I was confused but just checked companies house. 2018 showed 300k of gross revenues with the 25% net of publisher costs going to BIDS before costs.

Not sure where you get 2 months wirth of adverts from but I'll take your word for it. The admission doc had FM good to go at the end of 2017.

The 6 month period in H12019 should be at least 900k then with no growth. It still seems a very low margin heavily loss making business unless they grow it substantially.

[roleybirkin] 16/9/2019 21:44

Log - Go do your own research....