Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I expect they will sell that side of the business off so that they can focus on the growth of Discount Dragon.
Vodiac is a dead duck imo as they have not bothered to update it.
I have to confess to being quite negative when they took DD over, however the site actually looks very good and there are plenty of products at decent prices to choose from..
It appears that they are growing their customer base month by month and it will be very interesting to see the next set of figures.
Historically, this share slumbers between news and makes decent gains when it arrives.
The remaining million in payment from the sale of Immotion is due this month, so the chances are that we will get confirmation of that, bundled in with some other positive spin in the very near future.
Did they sell off Immotion too cheap , or should they have sold at all ?
Findley had been serving as president of the Location-Based Entertainment division of Immotion Group since 2021 and as president of the company after it was taken private in March 2023. Since then, he has ensured the company’s further acceleration of growth, driving a 60% increase in revenue post-acquisition.
Actually, they did exactly that with Let’s explore.
I was tracking purchase numbers through both myself and mates.
Cost me a couple of hundred but I made quite a large profit off the back of knowing exactly how many they sold up to Christmas that year.
Thanks for that.
That’s a very interesting metric .
Their Facebook followers have been going up by approx 1k a month .
I would guess that sometime over the month ahead, their will be some interest created with regards to the million getting paid , and we may get a positive update alongside.
Can you be kind enough to furnish us with some numbers please .
It’s quite surprising that they have not commented.
They seem to get through brokers very quickly.
I doubt the bidder is just going to up sticks and vanish.
There should still be a decent upside from the current price.
I like your style. Schlum.
Spend a bit to hopefully make a lot.
What numbers are they now selling please Schlum ?
I remember using the same method during the Covid era .
It was very handy at the time.
Let's Explore
· FY 2023 revenue £0.7m
· Circa 30,000 Vodiac units sold in 2023. Currently listed on Vodiac at £99 each. Even if they were sold with a heavy discount at 30 quid a pop , these alone would take the sales to over .9 million
· Over 7,000 Let's Explore units sold in Q4 2023. Currently at 80 pounds
The numbers they quoted don’t make sense .
Ha
That was good timing .
In reply to your question, I’m guessing., based on the fact that good trading would necessitate an update.
Interesting to see the launch of Beermonster craft ales.
I am not sure where that leads or how popular it is going to be.
Since my last post , there has been a considerable rise in the share price.
Probably for the reasons that I stated previously , although it seems that someone somewhere always seems much better informed than Joe Public.
I predict there will be a strong trading update concerning the last few months fairly soon.
Most of the metrics that are possible to investigate are good.
Can’t remember the last time I have been wrong on this one.
There is always a first .
Almost bought into these a year or so ago and now pleased that I did not.
Should give a bit of a boost to the sp.
It appears that they have sold most of their QVC Vodiac units.
I wonder if they had already paid for these when they were still Immotion, if so it would provide some handy cash flow
The same would relate to the Let’s Explore units.
Discount Dragons Facebook followers have increased by 10 per cent in the last month (A positive metric)
As for let’s Explore, it’s not easy to work out how they are selling.
My guess is that they will have a very good quarter , hence the HIgginson investment.
Post Christmas might get a bit slower, but for now , there is most likely money to be made on a short term punt.
Not the most inspiring of updates.
It seems the rate of growth is stalling .
Hopefully someone has a clue as to how they are performing, hence the steady buying..
Not so sure.
Next lot of figures will be critical.
Hopefully they sell all of their VR stock.