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Amala foods
Amala foods
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.
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- Lemon Half
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Re: Amala foods
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=en
Not much info, pedigree wise, on Morningstar
http://financials.morningstar.com/ratio ... region=GBR
https://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-shares
Very high risk, I'd say.
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- Lemon Half
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Re: Amala foods
I would commend the OP for asking on here for further advice rather than just accepting the original advice they mention at face value.
And further commend monabri's post and the effort taken to write it. I wonder if the OP might have found the same info with some determined googling though!
And further commend monabri's post and the effort taken to write it. I wonder if the OP might have found the same info with some determined googling though!
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- Lemon Quarter
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Re: Amala foods
Hi, welcome to The Lemon Fool!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.
Apart from that nothing to add to monabri's excellent post.
Chris
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