Bidstack Share Discussion Threads

[liz872] 14/10/2019 14:19

Thanks for the clarification Angel

[angel333] 14/10/2019 14:13

A company, if expecting to miss forecast revenues and losses by a tangible amount would normally issue an RNS at the soonest time.

To NOT issue such a warning - does leave itself open to criticism.

To announce revenues at just 1.48% of the forecast would, imo, constitute a mistake by the board in not warning the market and shareholders.

That is clearly what TW wishes to pursue and the company should learn from this situation.

That said, I would expect to see an RNS anytime now should the £5.9m not be on target and a lack of said RNS would suggest revenues are on target.

Here's hoping.

[angel333] 14/10/2019 14:07

and a 2pm update on traded numbers...

- Buys at 992k
- Sells at 2mn and change


Been a steady stream of selling in relative size:-
- 135,000
- 111,824 matched cross - zero impact
- 4 x 100,000
- 10 x 50,000

Throwing made us aware of a large buy order and the first 600,000 (as showing on RSP) has clearly been filled. The balance of selling over buying would explain the small fall in share price.

[liz872] 14/10/2019 14:04

Ok but isn't the annual report issued in June 2019 of itself an RNS?

[angel333] 14/10/2019 13:59

Apologies Liz, i should have stated Q4 2018......
I am a year behind myself....

[aidenabettin] 14/10/2019 13:56

Must have borrowed the writing set from Rees-mog

[liz872] 14/10/2019 13:44

Angel, Surely an annual report supersedes an old note from a sacked broker?

[aidenabettin] 14/10/2019 13:26

Listened to podacast.100% no brainer.#Unicorn

[angel333] 14/10/2019 13:21

liz872, A listed company has to forecast its H1 and yearly numbers.....

Bidstack did just that and announced them to the market Q4 2018 through their broker at the time Peterhouse.

Any material change to the expected numbers during the period in question needs to be announced to the market and shareholders by an RNS.

It is an obligation and there was clearly a material change.

[throwingmuses] 14/10/2019 13:15

Troll, JD did sound worried with regards the numbers and he would know, also, having to take on more staff and associated costs doesn't look good in the long term, I expect most of them don't even have anything to do

[moneygenxyz] 14/10/2019 13:07

Commentary on the vox would be appreciated

[liz872] 14/10/2019 12:59

Thanks Stev

[bbmsionlypostafter] 14/10/2019 12:58

moneygen, global and any other ostriches here,

Lols. Read it, don't read it, it's all the same to me.

Whether you choose to read it or not it looks v. much like BIDS will be forced to issue a reply in the v. near future. I imagine their nomad is drafting it now.

Time will tell. GL with your investment here.

[stevoc1964] 14/10/2019 12:58

8min30secs:-https://www.voxmarkets.co.uk/articles/tony-swiericzuk-from-salt-lake-potash-and-derek-wise-from-bidstack-eab5ffa/

[moneygenxyz] 14/10/2019 12:51

Thanks love a freebie..

Not going to be providing you with traffic today though sadly.

Keep pushing it down - TIA!

[global nomad] 14/10/2019 12:49

so the article didn't get enough hits behind the paywall so they brought it out into the open....?

[rocksteady01] 14/10/2019 12:46

If they hit their revenue target of £6m, would this not negate the cash burn? They were in test phase for H1, they are now out of test phase.

[bbmsionlypostafter] 14/10/2019 12:44

In an attempt to make mooneygen & liz happy here you have it all again, with a link to the not behind a paywall story & not in bold.

Is that OK now? Hope so.



"The broker forecast in the market for calendar 2019 profits is a loss of £500,000 (Peterhouse). At the half year stage losses were £1.5 million. When it announced those results on 30 September 2019 Bidstack stated “the Board continues to expect the Group to be cash flow negative in the second half of 2019”. It also indicated that material profitability would not be achieved until 2021.

I put it to you that it is thus incoinceivable that the 2019 loss forecast will be achieved. Losses will be far greater than forecast. I suggest that the 2020 Peterhouse profits forecast is also one for the fairies. As such, surely, under AIM Rule 11 Bidstack should be flagging this up with investors via RNS."

[liz872] 14/10/2019 12:42

Copying in bold - they must be desperate haha!

I would rather spend my £5.99 on more Bids shares than subscribing to read BS :D