Bidstack Share Discussion Threads

[aidenabettin] 23/12/2019 11:22

It's not like the Israelis to be late.Still time

[mlf51] 23/12/2019 11:18

Same here.GLA

[aidenabettin] 23/12/2019 11:18

They have left this too late to get deals tied up and why we are having the violent swings to get stock transferred. Anybody who walks in already has multiple major deals signed and then we move up a few levels.All good

[aidenabettin] 23/12/2019 11:14

Who will still be here next year though.Last man standing

[chessmaster10] 23/12/2019 11:14

You have a different style, but just as bad right now.

[aidenabettin] 23/12/2019 11:13

Time for some soup

[ducati2345] 23/12/2019 11:11

Certainly looks like sub 10p
Is a bargain may drop a bit but looks good for arise next year up to 12p or more nice 20% profit nailed on in my opinion

[chessmaster10] 23/12/2019 11:11

Not sure about the 2020 profit warning from Amanda, the only reference to 2020 revenues in the trading update was that they expect to see material uplift.

But £1m right now would be a material uplift so who knows.

[aidenabettin] 23/12/2019 11:10

Am I worse than JD?.Or just as bad?

[the patient investor] 23/12/2019 11:10

Bust? Yes, but when?

DiscASS

[aidenabettin] 23/12/2019 11:09

Should have been quite easy with all that overhead supply.Hava nagila

[chessmaster10] 23/12/2019 11:09

Aiden, I hope for your own sake you're right in the end.

Your incessant talk of a takeover and #accumulation is pretty irresponsible imo when the reality at the moment is missed targets (by miles), flaky rns's, and decimation of the share price

People do buy into wild ramping on these bb's and they do lose a lot of money when the "inevitable" unicorn doesn't materialise.

[lauders] 23/12/2019 11:08

2Prsimo 23 Dec '19 - 10:17 - 19592 of 19614 0 0  0

Superb post from AmandaFox on LSE - I urge all BIDS "investors" to read it.

OK, I took the bait!

Very frustrated… a few on here will vouch for the fact that I invested a large amount in the Bids placing earlier this year. I don’t comment much on here but when I do it’s largely positive because all inclination from JD has been that the business has been running smoothly and to plan. Looking back I now feel many of us here have been scammed, Bids has turned out to be just like other AIM businesses. JD sold shares and lied to us in hindsight, they would have known at this time that they were not going to make revenue targets, JD then replied to a group investor request on Linkedin because he felt this would bypass the legal ramifications of an official response in writing. It’s very clear Bids is struggling now.. they aren’t going to make any ‘significant revenues’ that to me means they are going to make next to nothing. We know their ads have been live so this means their margins must be extremely small. Now we come to the RNS it stated “for gross media expenditure up to £10,000,000 per annum for the next two years.” Now anyone in business knows this means that is the total spend advertisers will use within Bids inventory… With these low margins that could be if we are lucky 10% 1million a year, pathetic. There is a real chance this model will not work now.

Now this is where it gets really bad.. the confirmation of trading update RNS..
"Milestone Advertising Trading Agreement" with a global marketing services group, results in no change to its comments about the Company's revenues in 2019 and 2020 contained in its "Trading Update" announcement issued on 18 December 2019”. Typical failing aim behaviour.. they sneak in a 2020 profits warning at the same time!
“At the time the Trading Update was released, the Board had already taken into account the potential impact of this agreement on its 2020 revenues, in anticipation that this agreement would eventually be signed.” – EVEN with this new deal they still aren’t going to make any revenue..
“In addition, the Board confirms that the phrase "gross media expenditure" referred to in the announcement of 19 December 2019 should be regarded, if received, as payments by the agency which will be treated as revenues in Bidstack's financial statements” – deliberately confusing.. trying to essentially trick us into thinking this means 10m revenue.. well it doesn’t

Must say I was expecting (hoping more accurately!) that BIDS would be in a better position than now post my India trip. Returning to see it moving in the opposite direction is rather a shame to say the least but the silence from JD hasn't helped. He may have been too enthusiastic earlier in the year but going AWAL isn't exactly helping. I am fortunate that I only have a small holding here as I wanted to see evidence before committing more funds. Now I think I may be out at any opportunity unless the newsflow really comes thick and fast and is good on the finance/income side. Wish those with bigger holdings/investments well but it is a sit and wait situation here at the moment. JD credibility is not looking so hot at present.

[global nomad] 23/12/2019 11:08

added at 9.8p

[niggle] 23/12/2019 11:07

Plop! trapdoor moment

[aidenabettin] 23/12/2019 11:03

Stay cool and buy if you can.It's all change at BIDS and will become clear over the next few weeks.Only 24M shares for a 10% holding

[affc21] 23/12/2019 11:00

Pwhite...what a lying low life you are, where is the evidence of directors selling today that you are impying...there is none.

[global nomad] 23/12/2019 11:00

trading below the listed bid price....??

[global nomad] 23/12/2019 10:58

if we have learnt anything in 2019 ( arguably since 2010 or even 2000) nothing is certain anymore.

We live in times where uncertainty is the new normal, everything is fluid and seeking the next unstable position rather than fixing to a defined position.

a bit of liquid modernity by Zygmunt Bauman if you really want a lesson in contemporary society and the way sentiment is pushed around by the disassociation between power and politics

[aidenabettin] 23/12/2019 10:54

Selling to who? .Someone is taking them.Maybe it's a stock transfer to keep them out of the hands of pi's like me.Nobody falls for the FUD anymore and we have no control over a bent market

[pwhite73] 23/12/2019 10:50

geoffsmith - "It does look now to me like fridays good news was used to start getting a placing away. the weight of todays sells possibly confirms it."

Another placing if they can get away with it is a certainty. However the weight of today's sells indicates to me at least the directors are selling before walking.

[global nomad] 23/12/2019 10:50

"No squealing, remember that it's all in your head"



Gorillaz

[hazl] 23/12/2019 10:47

None of us really KNOW how this will work out as Liz wisely said recently but I look again at the chart in this piece and encourage you to look at the chart by a scroll down.
Doesn't that Gartner chart look familiar?
The disillusionment stage?

If it's going to succeed it might turn up as the chart suggests, if it's no good it won't that seems the ugly truth.
It is not clear yet to any of us.

[aidenabettin] 23/12/2019 10:43

On the highway to hell

[global nomad] 23/12/2019 10:43

the bus to arkham?