Big Sofa Technologies Group Live Discussion

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MaX ProfOrdiS 29 Aug 2017

Re: Big Ramp Hot Stocks Rockets. Are you joking? TW is never going to admit that he was wrong; especially after ridiculing Woodford all of last week!I always thought that TW's analysis of BST was a bit over simplistic; just add a dozen new contracts and profits start tumbling in. The fact is that they are incurring additional one-off costs to acquire new work and their cost base is rising as new contracts are won. There will also be some inevitable time lag between incurring costs and revenue generation.Will have to see what the results bring; turnover and future trading expectations will need to justify raising further cash so soon after listing. Lets face it, this fund raising is only generating enough cash to fund them for another 6 months unless their cash burn starts to fall as their turnover rises.

Ripley94 29 Aug 2017

Re: Big Ramp Hot Stocks Rockets. Must start trusting myself more... Placing this morning @ 18.5p . On news share Prophets, wonder how long before they post opinion ?Did they know will they admit they were wrong.

MaX ProfOrdiS 12 Aug 2017

Re: Big Ramp Hot Stocks Rockets. Okay, I understand your point. Personally, I think another fund raising just 6 months after they'd listed could have sent out the wrong message. Obviously they knew they were gearing up for growth before the listing and you'd have expected them to prepare forecasts and ensure that they raised sufficient cash when they listed to see them through the first 12-18 months (at least). In the 2016 accounts they talk about income and gross profit rising exponentially during 2017 (which would suggest at least a doubling or tripling to my mind) and that, together with the remaining cash raised at listing ought to be sufficient to see them thru to the end of 2017, despite their increasing overheads. The interims should hopefully shed more light.

Ripley94 12 Aug 2017

Re: Big Ramp Hot Stocks Rockets. "Did this deter BST from that" ..Meaning..... it is my understanding that it is not only these small company's approaching brokers for a fund raise , but brokers approach the company's with the suggestion especially if the price is high and they think they can get away with it.They might of been talking about it.

MaX ProfOrdiS 12 Aug 2017

Re: Big Ramp Hot Stocks Rockets. ... and your point is? The TW/IB news is weeks old.What do you mean by "Did this deter BST from that?"? That question makes no sense.BST does appear to have garnered some new customers since the P&G announcement if its website is any guide (if I'm not mistaken, the number of clients listed on the website has increased in the last month albeit that none of the new clients are likely to generate as much fees as P&G, Unilever or British Airways).I'm not TW's greatest fan (he's too full of his own self importance) but he never said that BST was going to triple/quadruple its client base overnight; he's looking at a 2-3 year window of steady progress. Okay he's a (big) fan of BST but the fact that the share price has fallen since the results does not prove or disprove his contention; let's not forget that this is a small AIM stock, which has only been listed for about 8 months. It's share price is bound to wobble until it has got a couple of results under its belt and people can more clearly see whether it is delivering on its potential (or not). The fact that a small company like BST is doing business with P&G, Unilver, British Airways etc. does at least make it an "interesting" prospect.

Ripley94 12 Aug 2017

Big Ramp Hot Stocks Rockets. IPO 19/12/2016 @ 17p.Ramp 27/07/2017.... "Buy greedily" up to 25p with a sell target of 50p.They had a tiff with leaon Boros of share Soc when he deramped and warned of a placing 4th July 2017 and leaon told readers to take any profit.Did this deter BST from that ?TW Keeps his money, shares and other assets in a trust for his dependents he claims , ( protects him from litigation )" Financial investigative media limited " is the name he gives of that trust.

Novy kluk 14 Feb 2017

Re: Yes totogoonerYes, I'm also invested here! I'm invested because the fundamentals and business case seem very sound to me. And also I have respect for the approach (and relative successes) taken/made by Adam Reynolds to date!You may be well aware of each of Adam's rescues and/or his RTO ventures. But what first drew my attention to him was the demise of Viology, a company run (run-down unfortunately) by his father. His father was ousted and shareholders had Adam installed. He used that platform to start Ducat Ventures (I believe), in which he also invested. He stated at the time, he wanted to give Viology shareholders (who lost money during his father's tenure) to have a chance to regain some of their lost capital! Well for those that had the courage to continue to invest with him, they certainly did. As you probably know, Ducat Ventures then became OPTIBIOTIX and the price progressed from around 8p/share to it's current depressed 73p. Though it was in the 90p's at one time, and yet has massive potential for the patient!!My reason for visiting this BB today is to try and glean more information about BST!! Unfortunately as an early stage company it's a "bit of a black box" so far as news is concerned!!!ELRICO, good to see you here too sir! You are clearly a very knowledgeable guy (I take that from your OPTI Posts on ADVFN and here) so what can you tell us about BST please? Regards, NK.

totogooner 09 Feb 2017

Video as data Big Sofa twitter account has a link to an intetesting article: video as data.

elrico63 08 Feb 2017

Re: Yes Yes. I didn't want to be the first to post

totogooner 08 Feb 2017

Anyone else invested here? Been quiet for a couple of weeks and jumps 8% today. Market cap still only £14m . Just needs some news on contracts/clients and should rerate.

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