RE: THE PLAN15 Mar 2020 20:35
I think that impatience in investors is on the increase and I think you can attribute this to the rise and ease of accessibility to invest due to various apps. Freetrade has opened up the world of investing to whole different demographic, many whom are of a younger ‘vintage’. I’m not generalising but many of such users are naive in thinking that if you invest, you’ll make significant amounts of money ‘short term’.
I for one have been similar minded at times but common sense is prevailing more and more in that businesses are always moving in a direction, and that direction does not necessarily have to be the subject of public knowledge even if it is floated on a stock market.
Concerning EVRH, I’m more comfortable then ever at this time. May come as a shock to some but this ‘blip’ has exposed very clearly that a market does exist for VR. Sure the share price has dropped but this is due to global economics.
I fully understand (and I will reiterate again that I have also done this) frustration of those holding shares in that so far there’s been no action, update or any identifiable developments. Sure, nothing visible to us but it’s obvious stuff happening. We have no choice but to just wait. You can choose to be impatient, ‘vent’ and down talk this company but will that materially make any difference to the delivery date of fourth coming news ‘NO’....
This is a cracking company, leading and well ahead of peers. Amazing connections already established and patience will be rewarded.
It is of my opinion that Melody will be absorbed by a larger entity who have the firepower to really market this globally and capitalise on their asset and also further increase the catalogues. With Record Companies being squeezed in terms of revenue, I can see this form of media has already been identified as a new channel of revenue. Makes you wonder if the term ‘sell out concert’ will become superseded in the future allowing anyone, anywhere in the world be at a concert in VR, wow. It’s gonna happen....
So that’s my bit. Obviously could be another turbulent week but I’m optimistic of more positivity in the market place as investors start to take position again and taking advantage of very attractive entry points....