London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Coming from trading system in investment banking, I have more than some knowledge in this area. MrH you are correct. We expect that a wealth of internal IT knowledge is already in place. Add to that the app designers, Java developers, storage specialist hiring from last year, we end up with more than enough internal experts required for new app. However according to Mel who must have flown over the cuckoo nest, what we have is not enough. Mel is an expect in sweet talking, has master in cheer leading and one of the biggest bs artists on this thread and should be nominated NAPS Bod.
Not sure why you felt the need to post that twice, but good to know - let's remember that next time you jump all over someone else's posts, which aren't directed at you, trying to police what is and isn't said on here.
I look forward to you minding your own business in such cases from now on.
Hi MrH, I have some knowledge in this area, I also agree with sentiment around Nice & Green, they are investing in particular high technology or Biotechnology industries, the founder and colleagues come from high end accountancy companies, they are not charitable but fair in their business strategy, they are not in the business of investing or risking investment, therefore I believe this again provides confidence the APP will deliver. IMO
Hi MrH, From the hiring of Software/Data analyst staff over the last couple of years I would hope most of the expertise is ‘in house’ and contractors would only be required for system integration with 3rd party software, the budget would still be in the £m’s. They do have a fantastic amount of proven software to provide information for the requirements, Singtel, O2, Facebook and others obviously believe the APP will be of a high standard and reliable. IMO
... but presumably Melody and Napster’s existing Software development team will be on salaries to focus on the new app; I’m talking cost of additional support from external expert sources (from the £40m) not currently factored into the yearly budget. If I’m way off I’m way off (I’m not in IT but have spent on IT)...
Sorry but £100k-£125k is waaayyyy off and my judgement comes from seeing first hand and helping develop software and seeing the money spent on it. They will easily be into 7 figures even with only a couple months of development. I was talking about just one piece of software for one operating system, Napster are looking to create something for multiple platforms and hardware all needing different UI’s and control. Bug testing and fixing will be a huge task for one of these let alone all hardware and the development of the apps themselves.
Software Infrastructure design, writing system requirements and refactoring existing code and code writing will cost more the 100’s of thousands along side the integration into partners systems if they are going to produce a multi-faceted platform, combining the existing code of each legacy system would be a disaster in my view! A 20 - 30 week project in my experience is normal for an intense program, they have a very experienced team and experienced stakeholders as a shareholder in Wandisco! They realise there won’t be a 2nd bite at the cherry, this is a critical APP for us as shareholders! IMO GLA
I don’t think the app will cost £millions to build - prob £100-£125k (at most). The biggest expenditure will be advertising and marketing, plus licensing / hosting costs. That’s why I’m expecting (or let’s say ‘hoping’ to satisfy the negative posters) a huge campaign when this thing takes off.
i don't get why they need millions to re-do the app. as far as i can tell it's basically just going to be the napster app, with melodys videos added to it. all the code for the melody videos is done already. it works on the melody app. why do they need millions and eight to ten months to re do it all again?
they need to just dump the whole melodyvr disaster and promote the hell out of napster.
No need to apologise. Just stop repeatedly posting this completely fictional narrative you've created in your own head and are now presenting as self-evident fact. We get it, you think that an independent Investor Relations company will 'prime us for a takeover'. We can all make our minds up as to how credible we think that claim is.
Glad I got out of this when it re-listed. Shameful to see how far down it has come. Only happy people in past few years are those who bought in May 2019 and sold in June/July 2019. Can't believe I thought a small company with no real direction and endless name changing could even succeed in VR. If it hits off google amazon or apple are going to be all over it so fast this will be left dead in the water.
have you noticed most LTH have kept the faith which is what i will need 5 easy games but Chelsea first :)
My May prediction for the media campaign is SH and AM last seen on a tropical island they have bought sitting in gold plated thrones wearing diamond crusted lightweight vr glasses watching us idiots on ISLE and laughing :)
But back to N+G: That was my point exactly. Once we've dismissed the idea that they're in this for the shortest term profit (hold for 5 minutes or half a London session), it becomes pointless asking whether they're in it for the medium or long term. At that point, they're like any other long-term holder who's invested based on the long-term investment case here.
Certainly more interesting board than this time yesterday.
Slowly 'There's an overhang created by the fact they have to sell some day'. We all will, one way or another N & G will have been advised by Equitory. We are both their clients. Apologies for banging on about this as I have been for the last couple of days. But IMO the company is being groomed with M & A in mind. In other words, at some point, Equitory will be looking for a suitor for us. On that basis N & G would want to hold on to all the shares they get.