Big Sofa Technologies Share Discussion Threads

[philjeans] 19/9/2017 14:21

Way over-priced.

Falling fast.

Placing ahoy!!!

[kemche] 17/9/2017 22:36

errrr no. That was a rollover with a turn being charged. No cigar I am afraid.

[kaka47] 11/9/2017 12:47

£1 within year

[kemche] 07/9/2017 11:44

You mean to say they cannot cover their cashburn with the billions they are making? Scandalous suggestion!

[philjeans] 07/9/2017 11:33

Wait for the inevitable sell-off...and the cash call.

[kemche] 07/9/2017 11:25

And no doubt this will be added to that long list of successful long calls!

:)

[kemche] 07/9/2017 11:23

To be fair, TW has an impeccable record of calling longs.

:)

[kenbachelor] 07/9/2017 07:40

Why would they run out of cash in the next 3 months?

[opodio] 06/9/2017 09:08

running out of cash in the next three months. Beware

[opodio] 06/9/2017 09:07

Down 30% in six weeks and our RESIDENT MORON thinks that's good going.

...hint...it's not.


picture of wig required

[chimers] 06/9/2017 07:27

The CEO wears a wig...............at a jaunty angle!!

[gheebee] 06/9/2017 07:24

They came up through the Unilever incubator club along with literally hundreds of other little companies. With some staff paid in $ the current trading situation must be a real challenge.

[juzzer100] 04/9/2017 19:31

I'd be astounded if this is a 20 bagger. It looks like a video tagging and storage company that has offered P&G and Unilever a deal to try them out. An awful lot of human analysis is still needed to have a USP and offer insight once the videos are tagged. Going to continue to gobble through the £1.4m pdq in staff costs IMHO.

[jch18] 04/9/2017 11:44

Raised £1.4m, outgoings £95k per month. Running out of cash in 3 months - need to go back to school.

[opodio] 03/9/2017 20:32

running out of cash in the next three months. Beware

[hamidahamida] 31/8/2017 18:26

This will make those who said Big Sofa (BST) was set to do a placing happy. Except that they stated that it was because the business was doing badly. The reality is that it is going gangbusters and needs working capital to take on extra business. Thus last Thursday four phone calls to four fund managers meant that - with NEDS lead by Adam Reynolds chipping in £210,000 - £1.5 million was raised at 18.5p in just ten minutes.That is £1.4 million net and with the NEDS also asking to take their fees up until Christmas in shares, the company states that it will reach operating breakeven during the first half of 2018. That is a three or four months later than we had expected but in the greater scheme of things that is nothing. This therefore should be the last placing.The company talks bullishly about trading. The CEO states "The exceptional progress made in the months since our AIM admission in securing and developing anchor long-term partnerships with organisations of the scale and reach of Procter and Gamble, IPSOS and Unilever is translating into a growing pipeline of new mandates."It is that pipeline that will drive the share price short term. We believe that there are up to eight potential new contracts - some with very big names indeed - set to be announced within months. Of course it takes a while for contracts to start generating cash, hence the placing but hence also the definitive comments about breakeven in H1 2018. Thereafter with high margins operational gearing kicks in big time.We have noted before our belief that within two years this company could well be delivering profits of in excess of £5 million. At 19.5p-20p the market capitalisation is still a miniscule £13 million.Thanks Tom

[kaka47] 31/8/2017 15:22

Trolls go back in your holes

[pet lover] 31/8/2017 14:21

See my thread

[colinzeal] 31/8/2017 14:18

What's your rationale for a 20x return?

[pet lover] 31/8/2017 13:41

GheeBee.

Personally I wish they were paid more, they are clearly worth it, as we are about to witness.

Look for a 20 fold return in my view.

Never knock a mans wages, more so, if he makes you rather rich.