Rustysul wrote:Hello, I’m new to investing share and have a small portfolio, AMC entertainment,legal&general, BT group. Someone recently advised in buying shares in “Amala foods” but don’t much about this company and very little information on the web, any help/advice would be appreciated.
In the absence of information then one is simply taking a punt...it might work out OK and then again!
The ticker code is "DISH".
The word Amala is derived from Sanskrit meaning "clean, pure". ( so a trading update tells me!).
https://www.londonstockexchange.com/sto ... ge?lang=enNot much info, pedigree wise, on Morningstar
http://financials.morningstar.com/ratio ... region=GBRhttps://www.youinvest.co.uk/market-research/LSE%3ADISH"Amala Foods PLC formerly BigDish PLC is a revenue-generating technology company, offering restaurant deals through its online reservation platform. It owns an online restaurant reservation platform and mobile application operating under the BigDish brand. The company offers restaurants the ability to set their discounts and availabilities best suited to the restaurant's needs. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Jersey, Hong Kong, Indonesia, and the Philippines."
"Technology company BigDish said it had formed a joint venture with Amala foods to focus on production plant-based meat products initially within Asia." "BigDish would own a 70% stake in the JV and
30% would be owned by Archie Rodriguez."
BigDish looks to me to be in a bigmess", finance wise...
https://simplywall.st/stocks/gb/softwar ... ish-sharesVery high risk, I'd say.