Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. 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.
Looking at the prices, I think each of the 5/6 trades made since 19-Mar-1914:57:30 have been BUY trades.
All are showing as SELL trades. Weird.
Think we are heading for a reversal to the upside soon. Hopefully not wrong (as I keep adding shares) lol
Just an FYI lads,
That trade from today at 13:11:01 of £1684 was me, and it was a BUY. It's recorded here as a SELL. I've seen this before, and have no idea why it's showing like that. Makes me wonder the accuracy of all the other trades recorded.
HP improving the technology. Hanging tight with these shares. I feel that once they start moving upwards ...that's it , off we go
http://www.gizmodo.co.uk/2019/03/hps-reverb-headset-brings-us-closer-to-crystal-clear-vr/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+uk%2Fgizmodo+%28Gizmodo+UK%29
Raid on the Ruhr they aren't releasing on PSVR at the moment. Apparently due to the cost of this porting, they are going to see how well the feature does on the other platform before committing.
Considering Titanic sales have come predominately from PSVR, you would think this platform was a priority. I can only think they have already done alot of the work with the BBC feature and so it wasn't like starting a project from scratch.
They have another feature coming later in the year that will apparently come out on Playstation first, which is good news. Apparently the Quality Assurance is a more lengthy process with Playstation and they learnt alot from previous mistakes or assumptions with Titanic release.
Hopefully revenue picks up from the showcase features when the Oculus Quest is release in 1-2 months time. Apollo 11 income has been steady apparently, Titanic generating approx. £100k per month first 3 months. Hopefully no placing anytime soon as VR will be more in the limelight 12 months from now imo. ENGAGE seems like it will be the cash cow based on numbers mentioned for Enterprise packages but that seems 12 months + away.
Having listened to the transcript, DW said in 2-3 years time, they will have 10-15 experiences to sit with the ENGAGE platform that educators will then be able to access at the same time. This is all about banking content that will then generate more and more revenue as VR adoption grows.
I think a really good idea personally would be to employ 1 or 2 educators who would then create content full-time for the ENGAGE platform that could then be licensed out along with these showcase features. Nothing fancy and highly engineered like Apollo 11 or Titanic etc, more along the lines of say a basic first aid course, or any other basic training that is popular.
Even a guided educated tour of historical sights across the UK would sell really well in places like Dubai and China / the Far East where they love anything British. Would be simple enough to put together with the tech and camera's they have.
This company is definitely one for the future but I do think they are missing a trick by not creating more content themselves and licensing that out. These showcase features are great but more simple pieces that are in line with school, college or apprenticeship curriculum could add to the bank of content generating revenue. Would really help selling the platform to schools / colleges if they have a feature that is aligned to the curriculum of their potential buyer.
To go back to the concerns that being in Waterford may hinder the business, thought this should allay any concerns
https://www.wit.ie/news/science/The-future-is-virtual-reality-for-mature-student-computing-graduate
Waterford Institute of Technology is on the doorstep with a ready made supply of talent available. WIT Is a highly rated college.
Raid on the Ruhr should improve share price once it gets the go ahead for a Playstation launch. I was expecting worse, but yes get 12 March over with.
Although I do like this share, it's still very early days. 250k a month in expense just to keep the lights on. Revenue under 750k. Yes there's cash in bank and no debt however if sales don't pick up dramatically I can see a placing coming. Again great share just still too early. Just my opinion.
Share prices move more on anticipation and expectation than they do actual results, don't sweat it too much lads.
To be honest, I'm pleasently surprised that we didn't move down further today. Once we get beyond the last hump of 12th March where IPO purchasers can sell their shares, there's every reason to expect we will be moving back into bull market territory.
Engage is now live. The job of the company has now moved towards a phase of increased marketing and awareness around this core product. The focus now is on increasing revenues - the hard graft is done.
Following a prolonged bearish pattern, we have been moving sideways for some time (around all time lows). It's reasonable to expect upside in the medium term. Hopefully things don't go down over the next few weeks.
Bit of a frustrating share because I can’t see this going anywhere for six months now. I can’t believe how quiet it is. There’s only one trade a day, and sometimes not even that — is that right?
I suppose the good news is that Engage is out now and it only came out two weeks before New Year — two weeks before the end of today’s earnings — so the next set of results will be the first one to really include money from it. That’s bound to make the numbers better. Today’s numbers were a bit of an anti-climax without that.
As a proud Waterford Man working in the UK I certainly hope that the business shoots off in Waterford, Speaking as someone that's worked in Industry for 30 years plus, here's what I think. It takes one major business to adopt this method of training and communication. If successful for them ,others will follow suit as a matter of best practice. The engage platform is a "no brainer" when it comes to education and training within companies as I see it. For example imagine being able to assemble a complete engine from scratch without even leaving the classroom or for Surgeons to perfect complicated procedures without hurting anyone. I'm sticking with it, my gut tells me when it gets purchase it'll move so fast , it will leave us spinning. I say to David and Co ...Up the Deise (Go on Waterford)
Im frustrated at the moment but Mr Whelan did comment in a statement that there wouldn't be any substantial money for a few years, probably put some investors off , similar trend with other VR companies dipping at the moment. I think they are putting a lot of effort into Dubai, lots of money to tap into there,Well I hope. I'm not selling because once I do they go up
I believe the only mistake with Titanic PSVR was that the release date was delayed. It seems the same has happened with this latest feature?
Personally I would be prioritising PSVR release vs the rest due to the number of headsets, although that might change when the Oculus Quest is released, as I understand the port across from Rift to Quest will be very simple, so hopefully VRE should be ready to have all their features available on the Quest upon it's release this spring.
ENGAGE - As far as I see it, it is free to create content, then the creator keeps 70% and VRE take 30% if I have the numbers correct? This means attracting content creators is key as far as I can see it. They have partnered with Oxford Uni and Shenandoah Uni in the US, need to see more of these (much more). They should be targeting any Training provider and getting out there to demonstrate the tech so creating content on the platform, forget the big names, there are thousands and thousands of training providers out there. Are 2 BD appointments enough?
I saw that yesterday coincidentally. Absolutely no mention of the company. Looked great too. They really need to step up their marketing. It's one of the most important areas of their business, and they desparately need to treat it as such.
They don't want to make the same mistake as they did with Titanic, will take more time to be released. I was watching Back in time for school, on BBC, episode 8 , they were showing teens experiencing Berlin Blitz, great reactions, all were amazed. BBC got the credit for making it .
Titanic was delayed on PSVR and seems the same has happened with this Dambusters feature also. If there is a reason for this then it would help that they communicate to shareholders as to why.
33 employees on LinkedIn. Company doesn't seem to be growing. EVRH (yes this has more funds / backing but) is up to 80 employees are growing steadily. Will this companies insistence of staying in Waterford be it's downfall? There is an office in London apparently but who is working there?
They have 2 BD people in the north and south by the looks of things. Surely recruiting developers and talent of this nature should be a focus in London. Only recruiting in Waterford will seriously hold back on their abilities to recruit top developer talent imo.
I think Sandra Whealen has a background in awards, listing this as one of her previous employers - Panel Member at IBYE - Irelands Best Young Entrepreneur2017 – 2017
I wouldn't imagine a table / flights / hotels at those awards in Dubai came cheap for the 10 or so employees.
Is there due to be a release with PSVR Jimmy? Is that the one that was postponed/delyed?
I don't like to speculate on the short term, especially considering things tanked so much after the positive Engage release in Dec/Jan, but perhaps they will announce something more positive with PSVR during their interim update.
Concerned to be honest, but things have taken such a battering of late that potentially there will be some light at the end of the tunnel.
Agree with below comments RE the awards by the way. Awards are great but there should be more emphasis on the marketing of the Engage platform, and less focus on awards and the demos.
Engage is everything to this company, and their efforts and resources should reflect this (externally as well as internally).
But where is the PSVR release? Approaching 4m headsets in circulation, dwarfs the other 3 put together.
Lift sp.
Congrats on the award win VR Education.
Not wishing to be negative but my experience of awards are that you pay for a table (usually over the odds) and then you’re on the shortlist. They do seem to like going up for these awards. Nice to get recognition but it would be nice to hear some progress on new hires, company growth etc. Seems to be lots of these award do’s. Maybe I’m being harsh. I don’t know who / what they were up against and how prestigious these awards were.
VR Education
?
@vreducation
24h24 hours ago
We are delighted to be finalists at the GESS Dubai, Global Educational Supplies & Solutions Awards 2019!
#GESSDubai #ENGAGE
Full results are coming out on 6th March I think, that’s only a couple of weeks away
Thanks Luke. A bit of news would be nice but patience required I suppose.
We’re still here!! Just nothing much to discuss just yet, haha XD