Member Info for Aimster1

Absolutely agree with this.

Martin talks of the vast number of zoos & aquariums they can tap in to but then they go silent for 4 months. 13th October RNS - "the current pipeline of potential new sites remains strong", so strong that three months later there has been no further progress? (as far as we are aware)

Martin - Immotion have the worst communication with shareholders out of all companies in my portfolio. We are still waiting on an update on the spin-off deal that will be completed in a few weeks, or should we expect that in 2024...

I find it disrespectful to your shareholders that you now choose not to engage given quite a lot of people in here are long term holders and we know you read the message boards.

Should be back at 6p in no time. Some nice prints going through this morning

I have a feeling something large is cooking behind the scenes. Management read the message boards so will be aware of shareholder frustration, they may just pull a rabbit out the hat in the coming weeks. The perfect time to install headsets is when footfall is quiet in Jan/Feb/Mar in preparation for the busy Spring & Summer months, hopefully some early signings can be made to reinstate shareholder confidence.

I would be interested to hear what Martins targets & expectations are for the business in 2023 given he achieved the target headsets he set for 2022.

Cash flow doesn't seem to be an issue which keeps quiet all those who were suggesting a raise towards the end of last year.

If we can push through 2.8p bid then this should gap up to to over 3p very quickly. Comparatively large volumes the last two trading days as well which is positive.

Apart from the disgraceful communication from management which has undoubtedly contributed to the sell-off, what do people think will get this moving again in the right direction? The failure of the spin-offs must already be priced in.

Ultimately the company has been dealt a tough hand over the last three years but has weathered the storm well which has not been reflected in the share price. A couple more signings this side of xmas and holders should be happy with the company performance this year, regardless of wider market conditions.

The recent change in broker can only be deemed a positive due to the team specialising in growth companies and we should hopefully see some momentum in the share price once the market picks up. I haven't seen any notes from the analysts yet so they may put one out soon?

Absolute bargain share price at these levels IMO.

A few thoughts following todays fall in price:

1. No need to panic as aim has been hammered across the market. Look at this from a macro point of view and its not just the IMMO share price thats taken a beating, if you believed in the company 6 - 12 months ago, then you'll see its a bargain down here.

2. Directors should purchase stock at this level to regain shareholder confidence.

3. The pound falling is only a positive for the US & Chinese business - people should not focus on the spin offs as those are yesterdays news.

Just remember whenever there is a quiet period Martin always tends to deliver.

Massive positive for the company, Cenkos has a great growth companies team. I've been thinking for a while that a change of broker was needed.

AIM stocks have really suffered this year so seeing the share price at this level is no surprise. No need to panic, hopefully some more positive news flow around the corner.

Let me go and get my crystal ball.

Its not like anyone in this thread dared to question whether there was something fundamentally wrong weeks ago

Next stop, the market up 1.3% and Immo -7%

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.

Your point being what exactly? The article was posted 3 days ago.

https://simplywall.st/stocks/gb/media/aim-immo/immotion-group-shares/news/insiders-at-immotion-group-plc-lonimmo-made-a-tidy-sum-after

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.

What did the market know?

If? When was the last time 100 headsets were added in a month?

Its all well and good being bullish but having been a shareholder since mid-2018 I have come to the realisation that something is fundamentally wrong with this company to continually underperform regardless of the pandemic. Whether this is the management/brokers/advisors issue I'm not entirely sure but a share price struggling to recover to pre-covid times on the back of the company now being profitable suggests there are issues, regardless of shareholder dilution from raising cash.

Knigel - Covid is behind us as far as lockdowns are concerned. All companies have had time to adapt, why is Immotion struggling? As soon as a positive RNS is released you'll have the mob selling in to the price rise (even Sam Higginson)!

Thanks for clarifying I was going off Morningstar: http://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P0001DZ5B%5D3%5D0%5DE0WWE%24%24ALL&Id=0P0001DZ5B&ClientFund=0&CurrencyId=BAS

Either way, I can't see how horsetrader deems this heavily invested for a small cap - the market has clearly lost confidence on the back of the lukewarm trading updates over the past year.

I'm particularly interested to hear the progress with Uvisan at the end of the month, lets hope big things are brewing in the background.

Hardly "heavily invested", Higginson only holds c.3% of the company

It would be nice to see the senior management purchase stock at these levels given the share price has barely recovered to pre-covid prices. I'm not sure whether they're currently in a close period with results at the end of the month but you'd like to think it would give the market confidence - or perhaps we are to prepare ourselves for the final results missing the mark?!

No new contracts for a while, a worrying start to the year.