Member Info for Embers777

The UT trade at 1635 - sign of price manipulation? Someone or entity is keeping this low....platform launched, name changed than Nasdaq launch is my guess ....then sky rockets ....

Asia is our sweet spot - the adoption of VR in Singapore, Korea, Japan and China is ahead of the West..They also have sentiment towards Napster brand....Boom

Asia is our sweet spot - Singapore, Korea, Japan and China....Their adoptio of VR is ahead of the west....boom time

I didnt realise they were B2C as well ??????.

Sonos, BMW hosted partnerships etc ..no other 'platform' is offering this B2B play ...they are all B2C....Sonos Shares tripled since nasdaq flotation, user number through roof due to lockdown....who hosts their radio??? WE DO
https://support.sonos.com/s/article/1579?language=en_US

100% agree and based on Spotify and Apple music subscription number increases announced last night we don't need huge market share....I still think ASIA (China, Japan, Korea) will be our 'sweet spot' as VR is used more there, plus Napster B2B (BMW, SONOS partnerships) very positive as gived companies chance to 'host' their music / radio channels!! SPOTIFY cant do this !!!!!!!!!!!!!....This really is bargain basement (yes i'm biased, but i don't gamble 30k of my hard earned cash into a 'punt' - this is a much better bet than Leicester winning the PL....

AIM listed £75m m/cap. before it moves to NASDAQ. So Pre IPO bargain where over the pond this would be multiples (20x) £75m...whats not to like ? Many downloads, millions of users and 100m plus revenue...bargain of the year?....add into mix VR hardware catching up, apple glasses, mainstream adoption...new yacht in Mallorca coming :)

i did indeed !! one day :)

If you go on Linkedin and review the CVs / experience of ALL key talent - CMO, VP Data, VP Product etc - its very, very impressive. These folks have the pick of jobs globally and yet all chose little old melody, now larger Napster....why?...proposition is strong and share options no doubt given as incentive....i stick by my 15p price by Q3 particularly with the RNS

2 interesting links..second link - Once APPLE get involved with hardware - game changer - like apple watch - it took some time for mainstream adoption

https://news.cgtn.com/news/2019-10-09/VR-music-show-Eight-makes-Asia-premiere-at-Beijing-Music-Festival-KEEclA9lOU/index.html

https://www.iol.co.za/technology/gadgets/apples-first-vr-headset-will-be-the-most-advanced-says-report-6207d046-c6b3-416a-ba30-64e7cdcc7b61

Shares xxxxing cheap

We are not going to beat Spotify or take their customers...their app is to slick...i love it.....However The napster / melody proposition AND NEW APP / platform is offering something slightly different...shows and merchandise is where they will achieve revenue...I see 'Asia' - china / Japan as our market and the 'powered by napster' B2B markets..when VR fully takes off and IF it is used for music (jury still very much out on this for me ) then we may also get mainstream / western / spotify customers....but without this the shares are still very cheap based on current earnings / x valuation....However lost of great opps out there so if you need to sell...sell and but ITM, Boo, NIO, GWPH, TGR - all relevant themes in growth sectors...

Yes was arts section not business ...Twitter buzzing with Glastonbury / mvr chatter ....

@nesho - wrong thread i think

In business section daily telegraph today - prediction RNS by melody in next 14 days on this ...

Looking at our new VP old data her cv is very impressive ...she could pick any job in the world with her experience and has chosen little old melody ..( not so little now with Napster ) ....she would have interviewed them as much as her being interviewed .....very positive sentiment ....the customer analytics data in Napster and melody is worth 5p ...we start to understand their buying behaviour and sell merchandise ...very bullish this morning

Very encouraging ...particularly the VP of data hire....she wouldn’t be leaving sound cloud unless there was a compelling proposition....data folks at this level are in huge demand so can pick and choose their jobs....

The data alone is worth more than current valuation....

https://www.digitalmusicnews.com/2020/08/06/napster-q2-earnings-report/

Between 1 and 2.5m

Huge disparity in value with current mcap £82m following the RTO of Napster.
At a combined user base of 1.4m and a value of $500/user, fair value is estimated to be c£560m which is c7x from current levels!
Once churn is over, this should re-rate gloriously!

*Directors bought £998,223 at 4p (29th Dec 20)
*MVR’s Napster rev $100m+ yr (2019/20)
*Napster has 1.1m+ paid subscribers
*ii’s invested $10.1m at 3.75p (2020)
*ii’s invested further $15.3m at 3.5p (2020)
*Broker Arden upgraded PT 20p

Blur’s drummer just mentioned melody ....on sky news ..interesting he is aware of them.....