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KK he's riding horsey
KK
he is probably still stuck in the horse .
Surely none of this has come as a surprise to anyone? There was endless posts last year about the lack of new content, months where nothing happened, 2019 was on the whole a year of treading water.
The O2 deal really only came into effect in Jan and that hopefully might pick up impetus over the next 5-6 months as more people move over to 5g and MVR finally have more content that people want to watch.
LF... Maybe that matchett and co know a lot more about how to run a successful company than any of us on here... apart from Optimist of course who is notable by his absence today... probably on a conference call to Bill Gates or something!
KK
t think we should humbly take this as a some sort of lesson , but i don't know what it is ??
If I am not wrong the consensus was give it away free get the exposure, that's what you get. Personally I am happy with the results. It costs 10's of millions to create a company like MVR (where it is currently) and you have to have the best people working to achieve great heights. Don't forget it took Spotify 13 years before it made a profit, how much are they worth now? $33 billion. Let be positive, we will all make an handsome profit.
Oh wait did I see theater Vr somewhere on the RNs .... Why lofay why.... Tell me?
Dont mind admitting when I'm wrong and boy am I wrong I have to admit I was expecting a 10% down day after being 10% up after that news but maybe the market is finally wising up to the potential on offer here! could turn out to be a masterstroke releasing the news before this weekend as nothing further negative will come until the next fundraise and even the next results could be much more positive than many expect. Matchett 1 KOK 0!
Such a shame lofey .. it hasn't gone Ur way has it... Do you know how big BLM are... look at the opportunity MVR are giving to some hot artist in the game
Feel sorry for you, wasted so much time writing your essay lofey .... You only see the smaller picture
LOFAS...
Face it... The SP hasn't reacted how you would have liked off the back of the results, deal with it.
John Gore paid 15p a share. Investors like this.
lofas we get it , can we have a help with pushing our share please .
look at its colour on that news ----------------------------------
Yes IP, only simple math is required to digest last year figures. It’s not a tasty dish. As I have said you can not expect folks to download the app login and find find that there is not much to buy. That is why last year was abysmal. And who is responsible for that? How many updates we got in the mail from Melody about library progress? How much engagement we had to keep the VR enthusiastic engaged with the app? Zero. And why? Because AM priority is the next round of fund raising and burning the dosh in the process.
It’s great that the results have been published, looking at the Arden report November 2019, there are no surprises, they have now delivered on what they said they would, as others have said they are very open, so now the focus should be on the product’, and we have an excellent product with prospects. GLA
KK
The white elephant has gone , share took it , and there is only Blue for the next few months !!!!
IMO .
But the share price us going up lofey
Regards to buyout. You can see by the numbers the investment made into the company are there to see, and any suiter would be aware of that. It proves that this isn't a AM lifestyle company which I have seen mentioned before.
200k revenue, less then a corner sweet shop. Abysmal.
AM & SH salaries £375k & £270k respectively. Abysmal. Mind you they both acknowledged that they are waste of space as they both taking a pay check cut. Putting them on furlough would have saved us lots of money.
Why £200k? Because per user , Melody managed to generate £1. Cost of lollipop. That’s tell us the content that was available last year....complete joke. You can not make money from app where there is nothing to sell.
No bad news out, so we can go back back to users and downloads.
If you look at Companies House the results were due today. I did see the Gazette notice, but I'd imagine they probably pushed a number of dates out automatically due to c19.
Regarding the results and the SP. I have seen worse reaction to better results, which means that the momentum is building in the right direction, and the agreements and building blocks have proven themselves.
With this news out of the way, and further news coming (but very very soon) I am sure there will be further uptick in SP.
The MMs were out foxed this time.
KK
i trust in this board and their partners , this could of cleaned out the way for a buy out ??
other than that i cant make sense of it apart from , like you say transparency . the bb would have factored this in im sure .
so blue for me .
It did indeed stop the momentum but the spread has narrowed.
Market makers were quoting a 0.2 - 0.3 between bid ask.
After news it's narrowed down to 0.1. Current Bid / Ask at 4.4 / 4.5.
I take that as a big bit of uncertainty gone, and share price still intact. Good news all in all. Last year's results had us close 3p if I remember correctly.
yes if we stay blue by the end of today after that it will be an extremely good sign, transparency is fine it just doesn't seem great business sense releasing them this week IMO when there was no duty to do so.
KK
I posted that view , but i do believe they are being very straight here ? it shocked me but its done .
share is still blue but it will slow down the rise , next Monday all forgotten and on we go .
callaway and lord font it's what you would expect.i did post a while ago ,albeit a trifle facetiously, when someone posted to say they expected poor results,to say i hoped they would be absolutely awful (or words to that effect) as it would show they were expanding on development etc. i don't want to be totally one sided and blinkered, but this is genuinely pretty much what i expected.if a raise is need down the line,and i think it will be, so be it .i doubt they will have trouble raising although that does assume the they will be able to continue to build on the present base. imo we need to be looking at what type of company it will be in two or three years time.just my opinion.other opinions are available.gla
Nothing of surprise in the results but why oh why oh why choose one of the biggest weeks in the history of your company when the share price is finally building momentum to release them when they could have done so next week at probably double the share price!? I find it hard to fathom I really do it's almost like they have put a deliberate break on the traction we have just been getting. Extremely frustrating that after waiting so long for them and knowing they could have held them back until september under new government guidance!