Big Sofa Technologies Share Discussion Threads

[colinzeal] 23/4/2018 10:59

Simon Lidington delivered the best 'Dragon's Den' session imo - he nailed it. No frills, just a list of concise points why people should invest...I have to say I was impressed as you can be in that short time. I wanted to speak to him later in the afternoon but could only find several of his young employees at the BST stand who were really engaging despite fielding some tough questions...a credit to the company. At these levels I don't see much downside.

[chimers] 23/4/2018 08:10

You were supposed to you gullible muppet!!

[parsons4] 23/4/2018 08:03

Spoke to the team at the investors show, I came away very impressed !!! GLA

[opodio] 22/4/2018 11:54

Still hasn’t sold a single sofa and now reliant on one customer

[colinzeal] 05/4/2018 09:05

I think the market had expected more contact news by now - especially from what has been inferred from recent RNSs. There will probably a slew of updates across AIM tomorrow to pique interest in stocks in the new tax year so BST may possiblly be among them.

[gheebee] 04/4/2018 12:09

13.1p is what the directors paid for their shares and shares always fall to the most recent placing price. Still overvalued as headlines about WPP suggests eg "WPP has lost almost a third of its market value over the past 12 months, with advertising industry headwind"

[barvin] 04/4/2018 11:40

13p, Ipsos invested at 18p. What's going on? Anyone would think this is overvalued and burning through cash

[lucicavi] 14/3/2018 16:19

has the wig left the building

[hamidahamida] 07/3/2018 23:03

Give it a rest your are sounding like old record

[gheebee] 07/3/2018 15:36

While the cash is still with BST it ain't.

[bumpa33] 07/3/2018 13:21

To the point where it’s completely blunt.

[gheebee] 07/3/2018 11:57

They approached Big Sofa.... Unbelievable. Done as a favour.... Incredible I know market research is all about telling stories but it's not meant to be fairy stories. Midsummer Night's Dream next is it?

And the problem is, as yet, BST hasn't got rid of the NWOG connection has it? The loan note hasn't been converted or the loan repaid. It won't be converted unless Turney and Lee work out that the lowest price paid in association with a fund raising was 13.1p and the're not likely to do that. So how about BST repaying it, pronto? Then all BST has to do is explain to the authorities why it borrowed money from NWOG after it had finally worked out that the money was well dodgy and why it has kept hold of it for 18 months.

Plenty more axe to grind yet.

[coffee emporium] 07/3/2018 10:50

Quite right Bumpa. I'm new to this and it amazes me how people can make such negative and baseless statements based on so little understanding of a commercial deal. Sounds more like another axe being ground here. This was never a financial punt by Ipsos - they don't do that. In fact, from what I can see they never normally take a minority stake in anything, they prefer to acquire 100%. This was about business, pure and simple, and they approached Big Sofa not the other way round. They could see Big Sofa's potential - they've got front row seats after all - and they are convinced that it's important to their own future. From what I know the stupid example given above was more of a side project done by Big Sofa as a favour to Ipsos. It's about the most atypical example of the work they do together that you could find. Please.

[bumpa33] 07/3/2018 10:28

little tip, take the blinkers off first.

[bumpa33] 07/3/2018 10:26

your contacts are defective, try sticking your glasses back on.

[bumpa33] 07/3/2018 10:25

very diplomatic of you. Some people seem to think that IPSOS won't mind 'chucking' £3m at something as it's 'small change' - wonderful insight that is - big business won't spend a cent without bloody good reason and an expected return. They see the potential in BST, and understandably want a part of it.

[gheebee] 07/3/2018 10:23

My contacts read the same RNS too. More contracts like this one dahlings.

[coffee emporium] 07/3/2018 10:17

No comment

[bumpa33] 07/3/2018 10:05

coffee - but clearly Gheebee is in more of a prime position than IPSOS.

[coffee emporium] 07/3/2018 09:58

My contacts tell me that 'the guy who did the deal' is in fact 2 people: Didier Truchot (Founder, President and CEO) and Laurence Stoclet (CFO). Their careers are already made (he's the 114th wealthiest person in France), and this is a decisive strategic move to help futureproof Ipsos. They are in absolute prime position to see how the world of consumer research is changing. Their people told them that video is becoming more and more crucial to clients' understanding of consumers, and that Big Sofa is the best partner they work with bar none. Ipsos has 5,000 live clients and 12,000+ people operating in 83 countries. That is indeed a huge sales engine.

[gheebee] 07/3/2018 09:58

From 2015

"Big Sofa Ltd’s & Insight Exchange LLP’s (trading as Big Sofa) clients already include Unilever, British Airways, Barclays, Volkswagen, SC Johnson, Government Digital Service, Direct Line Group, Ofgem and Public Health England. We also partner with global market research agencies such as Ipsos MORI, Hall & Partners, MMR and Mizzouri."

It's hardly news and that £2m after expenses looks to me more like a bale out with a placewoman put on the already enormous board to keep an eye on them. Expect cost saving retirements shortly.

[terryebby] 07/3/2018 08:10

Whats not to like about a huge Sales Engine (in IPSOS) being strongly incentivised to grow our business. If the guy at IPSOS who did the deal can create a large new division, generate millions of pounds of annual turnover for himself as well as a capital gain of maybe £10m thats the kind of success that makes a man's career.

You cannot get the kind of commercial traction and sales coverage that IPSOS brings us just by hiring salesmen. This is a very very strong move

[bumpa33] 06/3/2018 14:09

Big Sofa and Ipsos have been engaged in a successful and increasingly active trading relationship for more than two years. In April 2017, Big Sofa announced that the two companies had formalised this relationship with the signing of a Master Service Agreement (the "MSA"). Since signing the MSA, this trading relationship has deepened and is expected to continue to expand following Ipsos' Investment.

the last sentence, in layman terms, IPSOS saying to BST "give us part of the business and we'll grow it, to the benefit of us all"