The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Chart looks awful, no volume. Sorry to say rsi and stoch turned. Not looking good imo for the share price..
Clarified as Engage here
https://www.linkedin.com/feed/update/ugcPost:6988830426177974272
Interpol metaverse report
https://www.euronews.com/next/amp/2022/10/20/interpol-sets-up-its-own-metaverse-to-learn-how-to-police-the-virtual-world
Good find WG
The VR video scenes are 100% engage .
Is this video showing the engage platform?
I think so but not 100% sure
https://youtu.be/P5AEedw_r8Q
It certainly should be, although the market makers seem intent on dropping the share price back down at any opportunity. On Tuesday they dropped it 2% on a 5k sell (£800!) and just now a 50k sell has seen WINS drop down to 13p straight away. There are all manner of reasons why people sell but I can’t believe they have the faintest idea what EXR have been up to lately… as for new buyers, AIM is a ghost town at present where even good RNS’s normally take an hour or two to get noticed.
We are in miles ahead of the crowd, just got to be patient as you say. I’m still amazed that Victory XR have already signed up 38 unis - phenomenal progress from the 10 announced in April…
Fully agree…mind boggling potential…and just around the corner…should be reflected in sp soon…stay engaged…
Fantastic stuff! And just to reaffirm ENGAGE’s lynchpin role in all of this, he posted the below 2 weeks ago;
“Northern Illinois University is the first university in the state to launch a metaversity campus..and this is in a state with some technological leaders. What I love about this campus is the beautiful architecture and, it's only 2 hours from our home office! Special thanks to Meta for funding the buildout. As always built on the robust ENGAGE XR platform.”
Let’s assume the 45 by end of year average 100 licenses each @ $100 per student PA, you’re already up the $450k of recurring revenue. Roll forwards a couple of years and the license figure from those 45 early adopters could easily 10x or more.
As per Google there are ~4000 universities in the US, so Victory XR are just getting started…
This is good news for Engage
https://www.linkedin.com/feed/update/activity:6988402692284985344
Steve Grubbs
CEO at VictoryXR * Education/training on Metaversity Campuses * YPO *
I'm happy to say that the list of 19 that is public is only half of the true number which is currently standing at 38.
-> 12 months ago, that metaversity number was 2. Today, 38.
-> By the end of the year, 45.
-> 12 months from now, 100+
#celebrities what the hell does that mean ?
SC in the Q/A in the last investor meet JW was asked how many launch partners does he expect his answer 10 so quite a few more to be announced.
WG I am also hoping he provides a new medium term outlook based on the metaverse launch but like SC I am not sure when although the partners could be announced anytime .
Anyway have a great weekend chaps . OT
It's a very very intriguing post. He's clearly bursting at the seams to announce whatever it is & this comes off the back of the twitter post about 'working on something special for some time now' a couple of days ago. Thanks as usual to OT for posting!
I've added some more off the back of it as I see anything sub the 16p June 2021 placing level as an utter bargain. When you think of how much the VR space has evolved since then & moreover how much ENGAGE has progressed from a product & commercial point of view it's baffling that the valuation has decreased over the last 16 months. Yes, we've been in a small cap bear market that whole time, but there is no bear market in the VR space and this will be reflected sooner of later.
Re. LINK launch announcements, it's anyone's guess as to timing. There are still at least 2 launch partners to be announced, plus the project(s) DW is so excited about, plus the official launch. It's going to be an exciting few months, hopefully transformational for the company & share price.
This is a really great post by DW!!, especially if you have followed his past posts and how much he can (or cant say at the time of writing them). Once again, keeping it fairly cryptic and not giving too much away but at the same time, to those of us who have researched this company and have followed the growth of VR, the Engage platform, the metaverse and current near term launch of Link and the newly launched META Connect......his use of key wording and phrases very much whets my appetite even further:
"Immediately for an extremely large and prestigious project"
"I can't say much yet about this project publicly"
#corporations and #celebrities
Blue day to finish off the week please!
OHS
Any ideas whether the metaverse launch or launch partner announcements will come in October or lean towards December? I am also hoping he provides a new medium term outlook based on the metaverse launch.
David Whelan
David Whelan1st
Chief Executive Officer at ENGAGE XR Holdings Plc
7m
Calling all #Character #Animators, we need someone senior to join us immediately for an extremely large and prestigious project. I am posting this old trailer of ours in the hope it will catch your eye. This was an animation heavy experience we built for the #BBC some years back. Things have moved on considerably and we are looking for the best people to work with us and our clients. I can't say much yet about this project publicly but please reach out here https://lnkd.in/eW8-t55q if you want to work in the #metaverse with awesome #corporations and #celebrities
https://www.linkedin.com/feed/update/activity:6986623819457167360
Engage is really starting to proliferate now, the justifications for the grant funding all make so much sense. For science, history, geography / any practical subject I see VR becoming a standardised teaching tool over the next decade, you could effectively go on a field trip once a week to reinforce taught material. It’s a no brainer surely.
This Australian uni just got a huge chunk of funding for immersive education.
https://www.acu.edu.au/about-acu/news/2022/october/grants-give-students-opportunities-and-high-tech-skills
Luckily they use Engage as a platform
https://www.linkedin.com/feed/update/activity:6985860773700894720
No probs SC, I don't post much on here to be fair. Saw the twitter post OT - very intriguing considering DW is wearing the Meta quest Pro headset which isn't due for official release for another 2 weeks? Is he giving a 'nod' to a possible collaboration with Meta? He even mentions them in his post!
OHS
Very good point OT, hadn't noticed that but it would make sense!
And apologies you are correct harry, I undershot the numbers by 20%... maybe more going by the fact your post has 4 recommends (1 of them being mine)
Ahem, 5
In the tweet we se DW with the new headset on doing something intricate with his fingers I would stab as guess that they have been working on AR.
On that subject good review here along with what Lenovo think about AR/VR
https://www.nojitter.com/unified-communications-collaboration/enterprise-market-may-nudge-ar-and-vr-together
Must be referring to imminent launch of LINK? Still hasn't stopped someone selling 40k shares below the bid this morning, the mind boggles... I think there are 4 of us on here that have grasped what is happening here, judging by the volume we are almost invisible to the rest of the market!
Unusual tweet from EXR
“Working on something special for the past while. More info coming soon. Congratulations to #meta on there announcements yesterday.”
https://mobile.twitter.com/engage_xr/status/1580170383671840768
Thanks SC again a very good read.
This is a summary of the Meta connect event interested to note the new feature’s on Horizon workrooms they seem exactly the same as Engage has had for ages.
Breakout groups: We’ve introduced the ability for teams to shift from a big group presentation into smaller discussions in the same room for more active brainstorming. With spatial audio this means you can hear your breakout group clearly and the ambient discussions in the rest of the room, with less distraction.
Sticky notes for whiteboard: Right now you can turn any free space in your physical environment into a virtual whiteboard. We’re introducing the ability to add sticky notes to the whiteboard for brainstorming and collaborating. And because it’s persistent, it will all still be there the next time anyone on your team logs in to that Workroom.
Multiple screens in a new personal office: The solo Workrooms experience is also getting a major update. We’re shipping the ability to spawn three massive virtual screens on your desk, as well as four types of personal environments. These changes, combined with color passthrough, will turn your headset into a portable office.
https://www.oculus.com/blog/future-of-work-meta-connect-2022-quest-pro-microsoft-accenture/
@OT found another very good article featuring lots of quotes from Vishal Shah of Lenovo
https://metaverseinsider.tech/2022/10/03/lenovo-the-building-blocks-of-the-metaverse-with-vishal-shah/
“The metaverse will be multiple metaverses, hopefully. Whether it’s commercial, whether it’s retail, whether it’s a pure NFT kind of exchange system, or whether it’s an enterprise metaverse. No matter what the metaverse is, we believe that the best way to enjoy that is in an immersive 3D environment through some sort of AR/VR device.”
"Lenovo’s strategy is around interoperability – having and supporting an open, flexible, and secure system for their customers. There is no doubt that Lenovo is ahead of the game in the metaverse space; they are well positioned for the key building blocks and have the resources to make it work."
----------------------------------
Everything said tallies with DW's statement in the RNS;
David Whelan, CEO, ENGAGE XR said: "The launch of The Lenovo ThinkReality VRX shows the growing anticipation that more and more work will be done in the Metaverse. While other technology companies have focused on the social and entertainment opportunities, Lenovo has identified the huge benefits for enterprises utilizing the metaverse to engage with employees, customers and suppliers around the world. We are delighted that they have chosen ENGAGE to build their presence within the Metaverse."
Starting to get to a good level before major news breaks .
GLA OT