Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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:
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 Members are members that have a premium subscription with London South East. 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.
Danny I don’t believe they have, it’s going to depend on how many headsets they manage to install. However they did said in the results RNS that each partner headset was generating £441 if they manage to get to 500 that’s about 11.5m.
Ok they won’t all have a full year so add in immo headsets at their own site to off set that and i don’t think I’m far away.
With a reduced cost base from offloading UVISAN and HBE I think we won’t be far off break even.
Of course I could be talking out my hat so do your own research as always.
From WH Ireland
Following this morning’s announcement, we leave our 3-year forecasts unchanged – FY 2022E Revenue £9.5m, EBITDA £1.5m, Net cash £0.7m, FY 2023E Revenue £11.5m, EBITDA £2.4m, Net cash £1.3m, FY 2024E Revenue £13.5m, EBITDA £3.2m, Net Cash £2.7m.
I'm flagging as it a recent news flow/article on the company which other investors may not be aware of - the market seems to have reacted to something today? As I've raised previously, inside ownership is incredibly relevant particularly with small cap stocks. Maybe open your eyes and realise that you stalin & horsetrader arent the only contributors to this thread and others may find the article useful.
Stalin - I am a holder since late 2018 as previously mentioned and have no reason to "bash" the stock.
Hey Guys! Anyone know if there are any projections for their revenue this year? I know they said Q1 had tripled but I don't want to be so optimistic as to think that will last all year.
Must have taken the IPO. Makes no sense to bash your own investment unless there current credible news that is negative, which at present there isn’t.
I can only see more headsets being added this month and remember immo have added 66 YTD and extended contract length.
It may not rocket like most hope but steady growth tends to hold. However we don’t seem to have been in a Normal market for years now.
They issued an rns last June and it was discussed here at the time, it bares no real relevance to the current situation of the company.
No one uses Simplywall st as a creditable source of information for investing. but it seems strange that as an alleged investor you are quoting it to flag this almost a year after the sale.
Your point being what exactly? The article was posted 3 days ago.
Really?
It's hardly news as it was the 7th June last year.
WH Ireland forecasting 120 headsets this year. YTD 38 from RNS, 24 for Pittsburgh gives 62. Any traction with zoos and 120 could be very conservative
Nothing wrong with a good old ramp, equally I’m quite happy to criticise where I see fit.
I do agree with you that they over promise and under deliver at times.
Vodiac and Uvisan being two good examples.
It’s been a frustrating couple of years for all sorts of reasons , but there is a good chance that this next few months is possibly the turning point.
These zoos have huge footfalls and are potential gold mines assuming there is no more lockdown madness.
I cant remember the last time I saw this thread without horsetrader trying to continually ramp Immotion. You are a long term holder, how are you satisfied with the company performance? It has over promised and underdelivered. I'm glad the company has survived covid,, but so have 99% of companies. Management need to move on from covid as it is old news, they need to start delivering to the shareholders and stop making excuses.
What shareholders want is contracts being signed, not talks of advanced stages of negotiation. Any LTH of immotion will be fed up of hearing of their negotiations.
Higginson gives a possible slip as to a 48 seater installation in his Vox markets interview.
I’ll guess it might be Los Angeles zoo with 1.8 million visitors per year.
If they can manage to get a deal like that , then some decent profits lie ahead.
It seems like the market is hard to please at the moment, but perhaps they know they have some huge zoo deals in the pipeline and are going to throw the kitchen sink at it.
With a million visitors per year, this venue should be their biggest earner.
Agreed. This site alone adds 5% to group total headsets. Once they get this model established and proven they could move up significantly. Pittsburgh looks like a pretty good place to start.
Nobody is interested in buying in a bear market, which were I think we are heading.
Been through two over the years and cash will be king!
Very muted response to a great partnership.
Compared to pre covid these new deals add so many more headsets each time. If we are going to see this number with most of the zoos installations then revenues are going to rise very quickly.
24 seater 3 year contract. More to come hopefully.
Might be a bit optimistic but more like it.
WH Ireland just put out a detailed broker note on IMMO with a recommended fair value of 10p/share.
Surely this is undervalued. Core business growing rapidly with historic EBITDA of c. 1.5m. valued at £19m?
What did the market know?
Easy to sell a million on a dummy this morning.
Somehow the market always seems to know first.
Should be a bit of fun in the next day or so.