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No need to be rude........... ;()
On 23 January 2020, the central government of China imposed a lockdown in Wuhan and other cities in Hubei province in an effort to quarantine the centre of an outbreak of coronavirus disease 2019 (COVID-19).
22 March 2020: Wuhan loosens its two-month lockdown.
27 March 2020: Wuhan lifts its lockdown, resumes all transportation, with residents intending to leave the city facing similar "Green Code" requirements as those in the rest of the province
I'll keep the rose tinted shades on if it's all the same........ :) I look good in 'em
Another thing, when the peak cases is reached, and daily case counts start to decline in numbers, I reckon sentiment will return and with it investors, looking to get in on the current low, long before lockdown is lifted, what dya reckon........?
All the best (not here to fall out :)
chinese lockdown was almost 12 weeks so c3 months and they had a proper lockdown with phone apps being used to track people's locations etc.
We delayed the lockdown and even now the measures are too lenient. Currently planes are still coming and going to/from NY without any quarantine etc.
At govt briefing yesterday medical expert said up to 6 months.
Think you need to take your rose tinted glasses off.
China's period was weeks, not months............!
sentiment on going out after a few weeks of lockdown, we'll boom in all sectors, mark my words............ :()
All the best (obvs not DISH....... that'll be a done flush, pant's :()
don't think it's as simple as just plugging in and restarting.
Firstly i think lockdown period will be longer than many expect, based on China. So period without any revenue could be over 3 months.
Then some people will feel uncomfortable being in big crowds so zoos, aquariums etc may not get the same level of footfall, at least initially.
Finally with the focus on germs and hygiene i'm not sure people will feel as comfortable putting on a headset that has been used by loads of other people. At a minimum every headset will need wiping down between use and this will slow things down. Level of use per day will therefore not be as high as before
Yes, sensible post Abraham, plenty of cash in bank to get to the other side of this, plus all they have to do to get back up and running is plug the headseats back in and open the doors!
Ascending triangle on the 4 hr chart suggests a move to 3.3p to start with....bargain hunters are putting a few of these to one side for the multibag recovery, being as the company were very close to breakeven, and with the recent £2.8m oversubscribed placing only 8 weeks ago.
Looking at the Bigdish update today, they`re `claiming` that they have enough cash for the rest of the year, but at the same time say that they have been in talks about a fund raise for some time!!!
I bet that figure has had to be renegotiated on a daily basis and the dilution when it does come is going to hammer PI`s holdings.
Would rather be sitting on the drop here ,with what I have left, than over there!
2.29p recent resistance. Pleased to see buy at 2.38p and hoping to see gradual rise to 3p for starters.
Someone with a big gob and a small brain.
The chancellors rescue plan for businesses today should defo help.
Assuming they have enough cash to ride this out and the virus dies down after a month or two in the US and Europe like it has in China and South Korea then this share price is potentially a steal. If they survive and get back on track, it’s a 4 bagger just to get back to where they were a month ago, which wouldn’t take much once the virus has gone.
Humpalumps, good move, this overdone slaughter will abate at some point and a quick move back up across all sectors will happen, just a case of waiting.
Today saw the Dow up 5.20%, the S&P up 6.00%, and the Nasdaq up 6.23%....short term relief maybe, but some clearly see the carnage as overdone.
The UK scaremongering press love to shock with their reports but hardly ever state any positives, like the fact that as I write, 81,683 people globally have fully recovered from the virus.
It will pass, 21st century scientists will prevail, and 21st century technology like VR will be part of everyday life in the near future.
I`ve got nothing to apologise for, and certainly won`t be looking back at this time `years down the road` and so much as remembering your name. I made plenty of adjustments to my portfolio without any help from you thanks. What I have left in here will be back up and running sooner than all the doom merchants think, this is a short term hiatus which is no fault of IMMO`s, and as their late RNS said today...they have a healthy cash balance, not all smaller companies can say that at this time, and some will go down the pan, whatever the Govt says.
China have just sent vast teams of medical workers back home because their work is done in Wuhan, so its not the end of the world..literally!
Chill man, you`ll never get a better chance of buying these this low, and `years down the road` you`ll thank me for that!
Multiple multibagger in the new VR world!
Rns - drawing back on operational costs and have a good stack of money to cover for a while demand heavily impacted.
See what government offers businesses to help them too I guess :)
Are you man enough to offer an apology ?
More this morning, easy few bags within 3-6 months then top slice and hold for me strong fundamentals and been given a gift at this price.
Fully stocked up on cash just prior to this outbreak so should be no issues over the next few months till we get to summer and the disease subsides in the UK
No kindin HT2.............!
Historic placing prices start from 6p.............!
All the best (once this sniffle is over, get yours I say ........... :()
Our argument started around 5 and a half pence.
It’s a shame the sp has been hammered.
However the global situation suggested that was on the cards.
Next time you call someone a de ramper or idiot, maybe you could pause for thought .
I have got it almost spot on give or take a few days
Assuming the world gets over this problem, , it’s a steal at this price.
The big question is if !
Everything taking a complete hammering lol. Putting my phone to one side and going to look when this corona storm blows over I think. No chance I'd sell at 11m mcap
Our VR experience and one of the up blowing fan levitation thingies..........!
All the best (a JV partner ship made in heaven....... :)
A VR immersion experience in free fall............!
although, I'm experiencing that right now......... :()
All the best (timber............! :)
All the best (sod that.......... who's eating out ........?)
Same, bought 120 thousandish
I took a nibble this morning based on the RNS.
Will slice in some more if IMMO takes on more water.
Future: rather visit Sea park and take in a virtual experience than take a cruise :)
it is a really positive update,as good as could be expected, but with US and UK the main markets it is the next few weeks that will be critical.
As i mentioned earlier Easter will be a big period for IMMO and this could be during a 'lockdown' or similar.
Having said that if this drops further i will be tempted to top up
Yes it’s a great update, and I am happy to admit that for now I am wrong with reference to the current user numbers being affected.
I have never questioned the business model, however the alarming rate of spread and increase in deaths across Europe and the rest of the world, suggest to me that the pandemic is going to get far worse and have a far greater effect than we are currently seeing.
If they find a cure or a vaccine I’m happy to pile back in.
With the press talking up the possibility of further lockdowns, it’s a very risky time to be in this market.
Since the virus is spreading exponentially , perhaps we can re visit this conversation in a months time when the picture will be far clearer.
Trading update sounding very comfortable.....
Recent weekly trading patterns are in line with our expectations, and at this stage, we have not seen any overall impact which we could attribute to the Covid19 virus. The Company's portfolio of partners is geographically well spread with partners from Sydney to Seattle, Blackpool to Boston, and Dubai to Denver. We do however continue to monitor each partner site and its performance carefully.
In regards to stock and the supply of motion platforms and headsets, we have secured sufficient VR headsets and motion platform seats to deploy all current and forthcoming installations. Our manufacturing plant in China is now back at work and is currently manufacturing our next order.
Confirms a lot of what I`ve been saying so stick that in your pipe and smoke it!
ps HT, I didn`t say `just` teenagers, I said teenagers upwards...20 somethings will have cars. Plus, I have posted that I reduced my holding on this very discussion, read my posts properly and you won`t make yourself sound like a clown!