Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I can see that the speed on Magazinos is 2,2 seconds, which is fast
https://gtmetrix.com/reports/www.magazinos.com/1SUBMKEw/
https://gtmetrix.com
Waiting now for news regarding the sale or listing of Magazinos.com
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179
Hi Katrina
Saw that, but we could also see on the Interim result the deal with YRRO Ltd and Black Sea Properties AS listed on Oslobors, Euronext Growth list
Hopefully is that this deal with BSP AS will be done!
Transactions after the period end
On 9 December 2020, the Company announced that Black Seas Property AS ("BSP") entered into a 6 month option agreement to acquire certain brand names and associated rights from its investee company YRRO Ltd. Under the terms of the agreement, consideration payable of NOK 130,000,000 is to be settled by the issuance of new shares in BSP to the shareholders of YRRO Ltd.
Hi John
I agree and I do Not understand why Magazinos does not use Google Adsense to have ads on the service
If you use the Google calculator then you will see the earning from Google
https://www.google.com/adsense/start/#calculator
I don't know the traffic on Magazinos, but as it is a Free service I assume the traffic is high
In my example under I used that a user does 10 page views and its interest is, Home and Garden and users come from Europe
Daily visitor Page view Month Total page vie Yearly Revenue / Cost
1.000 x 10 x 30 = 300.000 $ 42.720
10.000 x 10 x 30 = 3.000.000 $ 427.200
100.000 x 10 x 30 = 30.000.000 $ 4.272.000
500.000 x 10 x 30 = 150.000.000 $ 21.360.000
1.000.000 x 10 x 30 = 300.000.000 $ 42.720.000
5.000.000 x 10 x 30 = 1.500.000.000 $ 213.600.000
10.000.000 x 10 x 30 = 3.000.000.000 $ 427 200 000
The Swedish magazine service Readly, ruffly 1/ 3 of Magazinos with only 4.000 magazine titles to read compare to Magazinos 11.313 just announced result of 2020
Revenue 2020 was SEK 352 million, as Readly can keep 30%, 70% is forwarded to publishers, the net revenue is SEK 105,6 million
The result of 2020 is SEK -189, which says that the total cost running Readly yearly is SEK 294,6 million
CRV owned Magazinos does break even
Market Cap for Readly is SEK 2.675 billion
http://www.nasdaqomxnordic.com/aktier/microsite?languageId=1&Instrument=SSE203369
Under from Readly announcement today:
Revenues for the period amounted to SEK 352.6 (264.7) million, corresponding to an increase of 33.2 percent compared with the same period last year.
Gross profit increased by 41.4 percent to SEK 117.1 (82.8) million, corresponding to a gross margin of 33.2 (31.3) percent.
The coverage ratio for the period was -10.8 (-6.2) percent.
Operating profit amounted to SEK -189.1 (-142.5) million, corresponding to an operating margin of -53.6 (-53.8) percent.
Adjusted operating profit for items affecting comparability amounted to SEK -169.6 (-138.1) million, corresponding to an adjusted operating margin of -48.1 (-52.2) percent.
Earnings per share were SEK -6.5 (-5.9), before and after dilution.
https://corporate.readly.com/files/Main/18245/3289131/readly-year-end-report-2020.pdf
Hi Karina
Regarding Gyllenhammar, no
Hope Elvis leaves the building fast!.......... ;)
Regarding Egil, I spoke also with him, as I am native Norwegian, he is very positive to speak with, that said, Egil is very corporate and I as you did not get positive or negative information from him
What I can see from listings on Oslo Bors Euronext Growth 2020 is that all listings are more or less sky is the limit
We talk P/E figures of 100 or 20 times yearly revenue, totally crazy valuations on that list!
I can see that Gyllenhammar is selling out and by that the share price drops every time Gyllenhammar sells
The good part, I checked Magazinos during the weekend and all works perfectly
Magazinos publish today 11.303 magazine titles for free to read and is Nr 1 in the world by content to read
That against Swedish Readly, with only4.000 titles to read, cost monthly € 9.999, +70 employers, loses £ 15.000.000 yearly, and is valued at £ 250.000.000
http://www.nasdaqomxnordic.com/aktier/microsite?languageId=1&Instrument=SSE203369
YRRO Ltd owned by CRV 30%, got its OMEGA 3 NORTH NORWAY now on the landing page for Omega 3 on Amazon UK
OMEGA 3 NORTH NORWAY cost on Amazon UK £ 14,99 and I can see that it got a 5-star rating from the users
https://www.amazon.co.uk/NORTH-NORWAY-90-Salmon-antioxidant-astaxanthin/dp/B08RXF21JR/ref=sr_1_156_sspa?dchild=1&keywords=omega+3&qid=1613127283&sr=8-156-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUEzMEVYSUJUMTZYU1MxJmVuY3J5cHRlZElkPUEwNjAxMzUzQjc2UUJBSk9KQVA1JmVuY3J5cHRlZEFkSWQ9QTA5MjcxMDYzMzZaTFVES0k3RlMmd2lkZ2V0TmFtZT1zcF9idGYmYWN0aW9uPWNsaWNrUmVkaXJlY3QmZG9Ob3RMb2dDbGljaz10cnVl
Tomorrow CET 07.30, Magazinos Swedish competitor Readly, today valued at SEK 2.661.000.000 ( € 260.000.000 ) will announce the result of 2020
https://www.avanza.se/placera/pressmeddelanden/2021/02/11/readly-invitation-to-presentation-of-readlys-results-for-january-december-2020.html
It will be a loss, the question is how much?
I guess SEK 150.000.000 ( € 15.000.000 ) from older announcements done by Readly, but the loss can be more........
Hi John
I talked to Egil and they will have a board meeting now Thursday and will after that make an announcement, that said it can be negative news but hopefully a positive
I also got the Omega 3 North Norway YRRO Ltd sell and the producyt is exelent!
50 CRV share sold today, GBP 0,8764 = $ 1,2
https://www.londonstockexchange.com/stock/CRV/craven-house-capital-plc/company-page
The large spread is a result of that all are waiting for news regarding the announced RTO between YRRL Ltd and Black Sea Properties AS and by that will be listed on Oslo Bors, Euronext Growth, and the result of selling or listing of Magazinos
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-yrro-ltd/14785650
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179
1. Magazinos ( Garimon Ltd ) is Nr 1 in the world by content, two times bigger than PressReader and nearly 3 times bigger than Swedish Readly, valued at € 270.000.000
http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE203369
2. Bio Vitos ( YRRO Ltd ) will be listed on Euronext Growth on Oslobörs and is selling Now on Amazon it's OMEGA 3 NORTH NORWAY
https://www.amazon.co.uk/NORTH-NORWAY-90-Salmon-antioxidant-astaxanthin/dp/B08RXF21JR/ref=sr_1_194_sspa?dchild=1&keywords=omega+3&qid=1611903605&sr=8-194-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUEzM1FBWkRCU1U4MTFJJmVuY3J5cHRlZElkPUEwODczOTIzMldTU0Q4REpKWjVXMyZlbmNyeXB0ZWRBZElkPUEwNzQyMDIwMUJIWVRHWlZSS0JCNCZ3aWRnZXROYW1lPXNwX2J0ZiZhY3Rpb249Y2xpY2tSZWRpcmVjdCZkb05vdExvZ0NsaWNrPXRydWU=
Magazinos competitor, Swedish Readly now valued at SEK 3 billion ( € 300.000.000 )
http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE203369
Readly loses yearly SEK 300.000.000.- ( € 30.000.000 ), Magazinos does Break Even!
Readly do have 4.000 magazine titles, cost monthly £ 7.90, Magazinos does have today 11.212, soon after server upgrade over 20.000 titles for Free to read!
Magazinos will be listed or sold as the announcement from CRV Sept 18 / 2020
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179
YRRO Ltd ( Bio Vitos ) has launched it's OMEGA 3 NORTH NORWAY on Amazon UK
https://www.amazon.co.uk/Omega-3-Capsules-90-Salmon-Gelatin-Softgels/dp/B08RXF21JR/ref=sr_1_2?dchild=1&keywords=omega+3+north+norway&qid=1610951823&sr=8-2
www.biovitos.com