Member Info for Danny13d

The results were positive, but not above what was expected. The tone looking forward was negative, neutral at best.

Must have missed something, but it looks like a third of the companies shares sold. Can anyone fill me in on why?

Thanks

Hi,

Must havei

We have quite a large tax liability, would this loss reduce that?

IG finally paid out. Glad its over. Good luck everyone!

Yeah I use IG and still nothing, they were not very helpful when I called them yesterday!

How did you do 80%, I am not allowed to do more that 65%?

Thanks for the explanation, very confusing times for us noobs! But I will try some of that patience you suggested.

Does it matter that they are on market buy backs? This to me seems like like small independent traders will be left holding the bag after the the bigger investors take advantage of the offer. Just last week I couldn't get any quotes on IG for this, so imagine it will be the same on the big day!

The company has grown by 37% this year which is amazing. They have just over 100 extra pods paid for and ready to be installed in 2023 which if they managed it is another 20% in growth, that puts us well into profit.

Personally I don't think the communication is poor, quarterly updates are fine for me.

I think people are just scared and selling out of businesses they deem riskier. Most people don't read the reports in full so they just see an unprofitable company with diminishing cash reserves. Without realising the cash is only down due to investment in next years growth, once we get the update this month we will see cash has gone up and most people will be happier.

I don't think we will see significant movement until the overall outlook for the economy is better, or until late next year when I think we will be comfortably seeing £1mil profit.

That was only at ImmotionVR sites, it was over £400 a week at partner sites which is where most headsets are.

I am always hopeful things grow quickly but I am not expecting this new format lead to a dramatic increase in headsets.

The massive head office overhead is almost covered, so we could be breaking even this year. This is a super exciting time! Next year we are starting out with 30% more headsets in the wild, which is about 1.3mil in extra revenue in the first six months of the year. The increase in the second half of the year wont be as dramatic as most new headsets were active by then this year (but as we all remember the first two zoo rollouts were a little delayed so they didn't get a full 6 months). They have already spent big on additional headsets this year, so that cost will be no where near £800k next year (unless we grow dramatically in which case we can forgive them). All in all I think we will see £1mil - £1.5mil in profit next year if they announce no new customers (which obviously wont happen). And even if we don't see it as profit I am sure we will see it like we have this year as extra investment in the business to grow.

People must be loving the animation they put on their twitter today of the new modular system they have set up in Dallas. Fingers crossed this momentum continues! I will be back in Manchester for the holidays and would like to sing their praises without the family chastising me for all the money I am losing investing!

Looking at the figures last year and this year I think we maybe on for a small profit of 50k - 150k.

It will be the 350k from the spin offs that tip us over.

Has anyone else had a guess at the figure this year? Would be interesting to see how far out I am to what you guys think.

Small caps are just riskier stocks so in between news people are going to trickle out. As long as the volumes are low I am not really worried.

I am hoping the 100% growth carries on all year, so closer to 2mil! I know last year not being fully opened at the start of the year is likely why growth is so high, but Id love it if that is not the only reason.

How much did the other two divisions cost? Did the supply chain get sorted out with HBE or are the margins still going to be terrible this year?

I just think its likely the share price will drop and that's what I'm hoping for, so I am happy to wait and see before I buy more. Since there's no guarantees of that I think the price I got in at was fair s no intention of selling.
Thanks for the advice though.

We still haven shown a profitable year though, so if attendance figures drop, and sites delay investing in new attractions it could delay us getting there.

Yeah I am very excited about this company, its been my biggest position for a while and kind of hoping for the share price to get back to the Covid crash levels to purchase more. Something I think is likely given the overall negative sentiment and likely decrease in zoo/aquarium attendance in the coming years due to recession.