Member Info for Bottmzup

I can`t believe that nobody is shouting loud on this BB about what was said on newsnight tonight. I can`t remember the reporters name talking to Emily Maitlis but he said that the Govt will announce a 500x increase in testing, 10,000 tests per day!
Think there will be some keen buying at the open.

So whats your honest opinion, do my own research!

I think you`re getting a bit neurotic about this situation. Firstly I`m not talking about 7 year olds when I say `youngsters`, I`m talking about the kind of age group that would be fascinated by the IMMO experiences, the age group that don`t have to hold Mummy`s hand...from teenagers up!
Secondly, I`ve been selling throughout my portfolio for the last 3 weeks, check my post history, I`ve been selling some of these as well, and adding to a Gold stock, so for you to claim I can`t adapt to situations is just pig ignorant and naive.
Thirdly, you say that maybe years from now I might wish I had listened to reason...eh.....what, years from now? What planet are you on? It sounds like if I listened to your panicking and acting like Armageddon is upon us I might as well curl up in the foetal position shut my eyes and hope for a miracle!
China`s cases of the virus have been reducing on a daily count basis for about a week, and the death rate is somewhere between 1%-2%....50,000 people in China have now fully recovered, probably higher than that as I write.

Also, to my point about people eating using their hands against putting on a headset, well there is a `non rocket science` solution, all you do is sanitise headset between uses!
Its much harder to control virus transmission in a restaurant situation, with all the surfaces continuously being touched, more older people eat out, you`re sitting in close proximity for an extended period of time, and you have to trust that the staff who are cooking and handling food are hygienic.

As far as I`m aware, IMMO don`t have any venues in China, Italy, Iran or South Korea, all the worst hit Countries. Don`t panic Capt Mainwaring!
The market isn`t going to keep crashing everyday by 10%, and as soon as Russia are prepared to loosen their stance on the OPEC deal situation the whole market will rise on the collective tide of relief, including IMMO.

You haven`t got a garden shed full of toilet rolls have ya?

Talking of hypocrites, in a previous post you said.....
` At £400 per headset and 430 headsets they should be generating about 9 million per year.
Add another 500 headsets , where it drops to the bottom line, and there is a potential over 10 million profit which would mean an sp of multiples of today’s price .`!!!!
That was at 7.25p.

Now, because there will probably be a short term drop in footfall (although difficult to tell how much because the younger generation are the biggest users and they are less susceptible to the virus) you do a U turn from hyper positive to grumpy negative while avoiding to recognise that the headsets getting installed were already stockpiled, and IMMO have got their £2.8m fund raise away with perfect timing.......completely hypocritical!

Its pretty obvious that you sold at least part of your holding and are now trying to push a negative view to get in lower. I don`t have time for people that are blatantly two faced just to make a few quid!

Dominic Raab has just reiterated in the debate that they are bringing in faster testing procedures.

Never heard such cobblero`s, have you ever heard of Gold? The only real safe haven, a lot of gold stocks are having a good run, and while there was some wrist slitting on Friday there were also some good gainers. Some ignorant fools on here think this stock is the only one hitting any blue!

Check these out from Friday....
https://investing.thisismoney.co.uk/market-data/risers-fallers/?type=risers&dateComparison=&limit=50&index=AXX&price=&filter=

Here you go Weathergeek, a website for you to start with, and if you google or YouTube Technical Analysis you`ll find more information on indicators patterns and strategies than you can possibly read or watch in one lifetime!

https://school.stockcharts.com/doku.php?id=chart_analysis

If you want to just learn trading using just 5 main indicator categories (one from each category) then a very good book is by the author Dr Alexander Elder called Come In To My Trading Room.

But the share price isn`t progressing because of the elephant in the room...cashflow!
Not enough revenues to keep a fund raise away for much longer.
Question is...at what price? Any investors with enough funds to keep this alive are going to want a bargain discount buy in....1p anyone?

A bit desperate to note that `even` BP are 4% down, they`re down because the oil price dropped 10% due to the collapse of the OPEC deal. Oil companies are down, but gold companies are up, along with loads of other stocks.

https://investing.thisismoney.co.uk/market-data/risers-fallers/?type=risers&dateComparison=&limit=50&index=ASX&price=&filter=

Depends what sector you`re in.

All headsets planned for installation in the recent RNS were already stockpiled, so no supply chain issues.
Your deramping sounds as unresearched as grumpy.

chris akers
@sportschris
·
49m
HTC is Hosting Its Next Developer Conference in VR Amid Coronavirus Concerns https://roadtovr.com/htc-vec-v2ec-2020-vr-developer/ via
@RtoVR
Further proof that #VR is growing rapidly this year, lead by sectors such Education, Entertainment & Training. #DEV
@dev_clever

@LenovoEducation
#EVRH
@melodyvirtual

At least IMMO`s locations are global, so revenue spread is wide...and they have plenty of cash.

Bigbaddaz..........Clearly not understanding the ‘phase’ the company is in.

I think there are a lot of rampers on here who clearly don`t understand what `phase` the coronavirus is in, Govt measures currently past the contain phase, now in the delay phase, sorry, but I`m just a realist!

QQ, there`s much more of a horrible man than me on here, and its quite comical that his big plan of...deramp to high heaven up until xmas `19, then buy and go into over ramp mode....has backfired, and all the time and effort of trash talking, both shares and shareholders alike has all been for virtually nothing, and now Dish are in a very dodgy financial situation that will have to be resolved, that is a fact. Any number of bums on seats that they had will now be disappearing by the week, along with any small revenues.
Remember, last summer Aiden &Co said to Justin Waite in a podcast that they wouldn`t be raising funds by way of a placing...and a couple of short weeks later they did!!
Very high risk to buy in at this heady price!

saintpeter, he`s grumpy because his beloved Bigdish, soon to be no more dish, is hitting a brick wall of avenues to take them out of their severe cash flow issues. At their peak they were getting £4 per week per restaurant, and that was before anyone had ever heard of coronavirus.
The one subject he will not mention is the amount of cash IMMO have in the bank, having just raised and oversubscribed £2.8m, and how much cash Dish haven`t got running in to this perfect storm scenario for restaurants....you can`t eat without using your hands, so people are just going to stop going out to eat altogether while the spread worsens to its peak, whenever that will be.
IMMO have plenty of cash to navigate through any drop in footfall, and remember, their revenues are big, so they could drop by 90% and still make more money that Dish. EBITDA breakeven forecast for IMMO at the end of this quarter, only weeks away, so even if the footfall drops for a month or two IMMO will easily survive, dish won`t unless they raise funds at a dramatically lower price, 1p is my guess.

VR is definitely the future, and IMMO have a unique product, displacing older 3D experiences, as they are in the Mandalay Bay MGM Las Vegas with the new 36 seater theatre experience, you can`t get much more promotion and endorsement than that.
IMMO`s locations are global, from Dubai to Las Vegas, Chicago to Saudi Arabia, and a huge scattering in the UK from Blackpool to Bristol to London with all the big name attractions covered.

I know which share I`d rather be in in the current circumstances, the one with the funds to survive, the one with high revenue numbers, and lets face it, the one in the exciting sector.....who wants to be just another wannabe competitor in an already swamped discount diner sector!

Best thing to do with grumpy is filter him, specially when he`s grumpy...which is most of the time!

Still looking absolutely dire for survival here with the fear spreading through the country that the shut down phase of the measures will cause restaurants to close their doors. So the laughably puny amount of revenues that Dish `enjoyed` will be down to non existent!
Somebody explain how they will survive when they run out of money, because it will happen sooner than people on here think.
Look back at last years (ahem) `advice` notes as to their financial position and ask yourself...are they currently telling the market everything?
They love to mention the restaurant numbers but don`t, and won`t anytime soon, mention the bums on seats numbers.
So with the virus taking hold now, which couldn`t have come at a worse time for Dish, we know what the numbers will be, zero for an unknown amount of time...and restaurants will be hit harder than football matches or theme parks for one important reason...you can`t eat without using your hands....unless you want to put it in a dogs bowl and have it on the floor.
Those that think lack of revenues here is not an issue are in for a rude awakening....soon!

So is that a fact, or just an opinion?

Wow shippy, you still here!!! As much as we`ve had our run ins I would like to see Solg come back to life, and the long term Solgers dancing in the streets..like old times. I miss the trading opportunities....surely it must be getting close to resolving this farce once and for all so that I can buy in again.
Trouble is that the big boys have all the power, and call the shots, so whatever level they deem to be low enough is what will happen.
I`m not going to suggest a low because I can`t be bothered with the backlash, suffice to say that support is needed...soon.

RICH3R, you have summed up everything that needs to be said here, but even ` I` am surprised at why sellers are taking this down to the level its now at.
I`m sure some on here will not be happy to see me posting again, and I`m not here to annoy, but surely what Solg have is worth more than this.
It seems that the elephant in the room is still the Cornerstone situation but RICH3R sums it up perfectly when he said....`As others have been saying for months now, it would appear that shareholders are being put through the mill because of the Cornerstone 15%. Is 85% not enough !?`

Surely Solg, and associates, can accept that contracts are contracts, and Cornerstone are entitled to their 15%...so just get on with it. Stop trying to squeeze them out and accept that 85% of a big discovery is better than running the sp down to the point where it looks like they are waiting for Cornerstone to fold under the pressure.
Anything other than a resolution to the situation will only continue to drive the sp down....or maybe thats what they (associates) want!

Italy are closing schools and university`s and reverting to online education. Not that it will be beneficial to DEV immediately as such but will plant more seeds of alternative ways of educating students across the world, and surely will put Dev in the picture of future options and opportunities.
Can only bode well for the future, and put us on the radar with the US launch going live in a matter of weeks.