BIG burrendong minerals limited - withdrawn

Big Flop TV, page-4

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 2,247 Posts.
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    You seem to have a limited understanding of what is driving the consistently high 40%+ quarter on quarter growth rate of BIG over the last couple of years, but perhaps don't actually care. Unlike many start up companies, BIG is now already producing real profits, which will continue to grow, which is what its all about after all. I don't understand why you think all that this growth is about to come to a shuddering halt and in fact is likely to quickly turn into decline. Your conclusion that it is all based on a pyramid scheme which is about to come crashing down makes no sense at all. I know you're trying to dismiss what the company is doing as cheap and nasty and that you have implied that customers won't come back, but BIG actually has a very low churn rate and its ARPU has been steadily rising, which means they are buying value added packages and not just the basic video deal. Do you know anything about the expansion plans of BIG? These don't require a CR because at the end of this year the company will be sitting on a $25m (approximate) pile of cash. It is entering into partnerships with organisations that provide access to large numbers of potential new customers. Thus far most of the revenue and profit has been generated from within Australia, but the company already has a presence in a number of overseas countries and it will unveil its US business plan within the next couple of weeks. It is already generating money in the US at a better rate than it had originally anticipated, but it will be full steam ahead in the biggest economy in the world before much longer. Do you know anything about its three business pillars? Again, I suspect you don't, because you haven't done much real research on this company. You say the BIG posts/threads on HC don't contain any relevant content, which tells me that you haven't looked closely or hard enough. The threads are laden with financial information, interpretation and projections. This company keeps on exceeding projections and expectations, which is why the SP has experienced such a meteoric rise over the last 12 months. Unfortunately for you, you're not part of this financial windfall, but you still could be if you decide to invest before the FY2017 report and the US business plan announcement. After those are released BIG I expect BIG to take the next leap towards and eventually beyond $2. I recommend that you first do some real research instead of providing an opinion that seems to be mostly based on gut-feel. I'm very happy to be a SH in this company, and to be honest after your piece of unsubstantiated down-ramping, I'm glad you're not.
 
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Currently unlisted public company.

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