Trading update RNS 21/07/2020

Latest Official Bidstack News (RNS)
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sectornitad
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Re: Trading update RNS 21/07/2020

Post by sectornitad »

Yes, if H1 2020 came in at £35k then it would still be immaterial and show a company going nowhere. To see progression as:

H1 2019 - 27k
H2 2019 - 113k
H1 2020 - 275k

shows real progress. It may not yet be enough progress to spark the broader market's interest, but it is an exceedingly healthy indicator that the company is getting things moving.



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Re: Trading update RNS 21/07/2020

Post by GlobalNomad »

@Fudgerella30 , you know much more than most, being here, and it would seem Bids is still off the radar for many investors...demand and supply, this is a good basis for moving forward but the sp rises needs more investors who want into the game..



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Re: Trading update RNS 21/07/2020

Post by Liz872 »

905k at 4.3p - Is that really a sell?



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Re: Trading update RNS 21/07/2020

Post by Cramond11 »

Happy with the TU, added @ 4.5p :D



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Re: Trading update RNS 21/07/2020

Post by Botmzup »

Not sure why some are saying that Bids are still off radar and needs more investors to take note, the volume in the first hour was equal to the current average `daily` volume at 4.5m, so not exactly ignored by the market.
Very happy with the 10x Y/Y figures for the same period, and the reiteration that H2 will be significantly second half weighted.....we`ve weighted long enough for that! Ar ar!
Thats the first trading update that wasn`t followed by a `run for the exits` selloff, albeit from a lower sp I know, but still would have sold off below 4p if it had any nasty surprises, so a positive sign that the market is optimistic about the future.
Placing sellers still holding the price back for now, but they can only sell them once then the buyers take control.



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Re: Trading update RNS 21/07/2020

Post by Hitthattarget »

Tried to post this a few times so not sure why it hasn’t worked, my thoughts are the revenues are working as follows:

H1 - £275k second half weighted, imo.
So:
M7 - £100k
M8 - £130k
M9 - £170k
M10 - £220k
M11 - £270k
M12 - £320k

This sort of snowball effect can help us get to the full figures and give us a great start to next year. Imagine going into next year making £300k revenue a months

So what can cause this increase?
Test spend moved to real spend.
Agencies coming on board following the IAB Gold
New games coming on board, I.e. new inventory

Feeling a lot more positive this morning



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Re: Trading update RNS 21/07/2020

Post by Botmzup »

Last year there was no trading update for the H1 6 months, we all just had to wait until 30th Sept for the interim results....which we all know now why that was....bad news.
This year they seem much more eager to let the market know that they are making good strides, that has to be a positive signal.



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Re: Trading update RNS 21/07/2020

Post by Nickfletch70 »

Wouldnt it be great if they have dropped the RNS in now - quickly to be followed by more news to get the momentum going?

Just sayin'

:D :D



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Re: Trading update RNS 21/07/2020

Post by jimmy_stocks »

Yes happy with that. Great to get confirmation again that we are still inline for end of year target. And great they have released news early. All good news in there. We are due anytime now for Game Publishers to be confirmed officially in an RNS imo, don't think we'll have to wait too much longer.



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Re: Trading update RNS 21/07/2020

Post by sectornitad »

Work continues with some of the world's largest video games developers and publishers to incorporate our software into their games
Note... not “testing”.... but incorporating.

For those of us who have researched this industry and Bidstack, for those of us in the know this RNS - and the AGM statement - are giant flashing neon signs pointing the way to a step-change up to success. For the rest of the market so far.... meh!

Bidstack will be serving ads across an inventory of AAA games from many of the world’s largest games developers in the very near future. Bidstack has already served campaigns for eleven of the top global ad agencies. Video game players from all four corners of the globe will be seeing targeted ads in premium games.

£16.6m market cap.



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