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I can only assume that H1 numbers are not great and that the market expected much better uptake from gorilla trek than has been delivered.
The spin offs I again can only assume have no value to speak of and we have a seller who every time there’s a decent buy ( of which there is few ) just sells another chunk.
I’ve always topped up on pullbacks but not this time.
It í summer holiday in US and they have just started income from long term investment. In next report it shows huge money from this summer season . People are boring now and sell off . We need they public Q2 report to see how it is going on .
Its pretty obvious there is news coming.
As far as I am concerned, if the numbers are poor this time , then I will be less inclined to believe the any thing management says in the future.
It wasn't long ago they suggested they had multiple partners lined up and that business was doing great.
The company has been deadly quiet lately so its unnerving me as well, all totally out of character , so I expect the next news to be quite big.
Hoping this is just a tree shake , but suspect they are getting the begging bowl out again for yet another placing.
In the meantime ill give them the benefit of the doubt , because they have always worked very hard.
Monday morning we will find out and maybe get a nice suprise.
Small caps are just riskier stocks so in between news people are going to trickle out. As long as the volumes are low I am not really worried.
I’m starting to doubt my estimates of revenues. If the numbers were great then share price would surely reflect this, or am I just wetting the bed.
I’ve been holding for so long I’m starting to second guess myself maybe switch off until the next RNS which shouldn’t be far away.
This lot has gone ominously quiet.
Hopefully, it’s the calm before the storm.
I feel like I can usually second guess what’s about to occur , but on this occasion I’m completely stumped.
Either they are raking so much in , that they don’t feel the need to market their products, or they are doing so badly, they can’t afford to.
I suspect it’s the former (although I think the UK vr centres are struggling )
Next news should read like war and peace.
On a more positive note , It’s been easy to shift dummy sells all week for up to 150 k shares and I could do half a mill at 4pm so maybe it’s a double reverse bluff.
This lot have a knack for surprising when it’s doom and gloom, but the marketing dept have appeared to have gone completely awol in the last month.
So I’ll tentatively look forward to the news flow in the next week or so.
Update was the 16 th last year , so next Monday news likely.
Who knows why someone sells. However the price action doesn’t fill me full of confidence for the forthcoming update. Still small volume on shares in issue. It’s very slow progress also.
A funny time for someone to shift that many, unless of course they know of bad half year results before we do .
UK sites very quiet due to the good weather keeping punters outside..
I don't think they are going to add as much as hoped for in the summer months.
This share is boring as not many people interesed . Only when they public quarter statement that will be interesting . We know they have the best holiday summer in US then income will be good .
Harsh but fair imo.
Yes , the openings are awesome and they deserve huge praise for what they have achieved.
Im surprised they have not closed more than two deals so far.
However, I have lost count of the number of times they have failed to meet their quoted schedules and goals and it’s an irritation to me.
Can’t be bothered to do a list as it would be so long.
Perhaps an example for you is the UV cabinet side which at one time they were bragging of record orders and huge growth trajectory , only for it to appear to have fizzled out of existence. (perhaps it’s doing better than I suspect, but they have been somewhat opaque about the business so who knows ?)
I do agree with most of your points, however, my point is , that I would be far happier as an investor if they met their quoted time schedules and goals.
Perhaps it’s only because a 6 pm meeting for me doesn’t mean 6.05 , and that’s why I get wound up.
That is rather harsh. Pittsburgh opened last week, it may have slipped slightly from the original 'end of Spring' but they said why and even then it was only 12 weeks to opening after the contracts were signed. In the context of a three year agreement a months slippage is not too bad. Milwaukee opened on time and looks a far better offering than I was expecting. They have also increased headsets in aquaria.
I was never expecting much from the discontinued elements of the business once they stated they will focus on LBE although the UV cabinets side may have some value.
Not sure what else you can expect unless you want a capital raise so that they have more cash to expand instantly. Personally I would rather they got through this year, lined up orders and then did a raise next year to push the business forward off the back of a solid years trading (and higher share price).
I really hope they come up with record figures., as it’s become quite noticeable that they come out with many a promise that they don’t actually fulfil, and it will eventually lead to a loss of investor trust.
I don’t think that will be forgiven if the numbers aren’t great.
That would be nice :))
Ideally, they would sell the two other bits for a million or more and use the cash to fund more Gorilla experiences.
I would agree on both points.
It may well be that they have to stagger the installs because of cash flow issues, but I can’t believe it’s a hard sell as it appears to be a wonderful product.
I’m hoping they don’t get the begging bowl out, as that will scupper any share price increase for some time.
Also think it’s to late for this summer unless they target Australia not for their upcoming summer. There’s a number of large zoos and aquariums combined.
I’m not sure how much the big installations cost to install. Got to be a few quid. They had 900k cash from memory in the last RNS that mentioned it. Hence the longer term contracts.
They may need to proceed slower than we think to manage cash flow without raising from us and them of course.
However the zoo uptake does seem slower than I expected.
I would agree.
I’m curious about Vodiac and Uvisan.
All of the regular Twitter and Facebook posts stopped abruptly last month.
It’s like they were both instantly dumped.
Uk centres are actually quite quiet and I think they are best off going all out for the 20 seater plus installations.
About time Gorilla deal no 3 was announced.
I think your estimate of 1.3m is about right give or take a 100k and hope August is about 1.6m. June maybe 900k giving 7.2m for the year plus 4 slower months to come. Still think 11m is possible?
I am hoping the 100% growth carries on all year, so closer to 2mil! I know last year not being fully opened at the start of the year is likely why growth is so high, but Id love it if that is not the only reason.
I reckon July will bring in £1.3 mill or more.
The dollar has increased by over 10 percent to the pound this year which will also help.
Anyone else care to have a guess ?
Expect some action in the next couple of trading days.
Hard to sell 20k in a dummy last few weeks, and now someone is happy to instantly snap up 500k.
Historically, the price has always risen when these situations occur.
I’m not sure if the spin offs have much value or how much it would take to get Vodica commercially viable as a stand alone business. Hope I’m wrong on this one.
However on a positive note the next trading update on LBE should be very good. I think they need summer cash from this business to expand without doing a raise and of course the China deal is going to help.
It’s turned into a slow burner but it’s way undervalued at this price if they hit 10-11m revenues and control the expense which I’m sure they are doing.
Providing the market doesn’t get much worse it only goes up from here imo.