Trading update RNS 21/07/2020

Latest Official Bidstack News (RNS)
User avatar
Girdz
Posts: 321
Joined: Thu Feb 13, 2020 6:00 pm
User Type: Unspecified
Has thanked: 97 times
Been thanked: 290 times

Re: Trading update RNS 21/07/2020

Post by Girdz »

Apart from the revenue this RNS just pretty much says what they have always been saying ie continue to work with big publishers.

Nothing really to get excited about in this I’m afraid.
When the games inventory RNS is announced then I’ll get excited.



User avatar
sectornitad
Posts: 1108
Joined: Sun Mar 15, 2020 9:28 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Has thanked: 476 times
Been thanked: 1624 times

Re: Trading update RNS 21/07/2020

Post by sectornitad »

Customers are moving beyond initial test spends and the size and scope of proposed advertising campaigns has increased significantly.
This is hugely significant. Proves that the brands are now getting comfortable with the (as yet fully standardised) new ad category, and that all the hard work educating them to its potential is beginning to pay off. Also, the Gold Standard and verification work (and Lumen research) will be ticking all the boxes.



User avatar
sectornitad
Posts: 1108
Joined: Sun Mar 15, 2020 9:28 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Has thanked: 476 times
Been thanked: 1624 times

Re: Trading update RNS 21/07/2020

Post by sectornitad »

@Girdz each to his own. To me, it includes a lot of substantial news showing real progress.



User avatar
Girdz
Posts: 321
Joined: Thu Feb 13, 2020 6:00 pm
User Type: Unspecified
Has thanked: 97 times
Been thanked: 290 times

Re: Trading update RNS 21/07/2020

Post by Girdz »

Granted bids are in the building out stage but I just feel like I’ve read all that before apart from a few added extras.
Not even moved the SP.
going to need some thing monster to get things going in terms of sp movement



User avatar
Mr_Chow
Posts: 234
Joined: Thu Jun 25, 2020 4:16 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Has thanked: 63 times
Been thanked: 500 times

Re: Trading update RNS 21/07/2020

Post by Mr_Chow »

Nickfletch70 wrote:
Tue Jul 21, 2020 7:28 am
So bang in the middle of our predictions with @Mr_Chow coming closest at £287k

I’m pretty comfortable with that figure
What Chow win?



User avatar
dreammachine
Posts: 178
Joined: Tue Jul 14, 2020 3:14 pm
User Type: Bidstack Investor
Your Bidstack Animal: Rather not say
Has thanked: 12 times
Been thanked: 155 times

Re: Trading update RNS 21/07/2020

Post by dreammachine »

Let’s not get carried away, the revenue increase is positive but talking about ‘10x’ isn’t really appropriate at these immaterial levels. Which I’m sure is why they didn’t say it in the RNS.

It’s good that they have done what they said they were going to do, which was to beat FY19 revenue. No nasty surprises this time.

These 6 months July-Dec are make or break. If they make that 1.25m in these 6 months, then it’s truly lift off.



User avatar
Nickfletch70
Posts: 476
Joined: Thu Feb 13, 2020 10:04 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Location: Altrincham
Has thanked: 481 times
Been thanked: 278 times

Re: Trading update RNS 21/07/2020

Post by Nickfletch70 »

@Mr_Chow I'm sure there will be some Bids merch on its way to you when @Jdbids reads this post?



User avatar
Mr_Chow
Posts: 234
Joined: Thu Jun 25, 2020 4:16 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Has thanked: 63 times
Been thanked: 500 times

Re: Trading update RNS 21/07/2020

Post by Mr_Chow »

:D



User avatar
mike
Posts: 1344
Joined: Thu Feb 13, 2020 3:04 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Has thanked: 951 times
Been thanked: 1085 times

Re: Trading update RNS 21/07/2020

Post by mike »

dreammachine wrote:
Tue Jul 21, 2020 9:11 am
Let’s not get carried away, the revenue increase is positive but talking about ‘10x’ isn’t really appropriate at these immaterial levels. Which I’m sure is why they didn’t say it in the RNS.

It’s good that they have done what they said they were going to do, which was to beat FY19 revenue. No nasty surprises this time.

These 6 months July-Dec are make or break. If they make that 1.25m in these 6 months, then it’s truly lift off.
@dreammachine - sorry, but I disagree. 27k for H1 2019 to 275k for H1 2020 is over 10x growth and is significant.

It shows that they are gaining momentum and indeed how the Covid situation provided further opportunities which has boosted the profile.

I agree that the next 6 months are going to be the most exciting, but not necessarily that this is make or break for the company as the whole.



User avatar
Liz872
Posts: 145
Joined: Thu Feb 13, 2020 6:51 pm
User Type: Bidstack Investor
Your Bidstack Animal: Bull (Optimistic)
Location: Cardiff
Has thanked: 544 times
Been thanked: 209 times

Re: Trading update RNS 21/07/2020

Post by Liz872 »

Very happy with that news, I don't think I have said that before about a results RNS from Bids :lol:

Amazing how close it was to the calculated average too.

Onward and upward......



Post Reply