Member Info for Jimmy_Stocks

I think Melody need to be offering the premium experience you are talking about Pete, but at the £15 price point. That will be the expectation of customers running the rule over a new tech. I think a subscription model is inevitable with the app. Groundwork is going in now to bring the customers in. Facebook fronting the major costs of the brand exposure.

I do wish these artists would tweet more about their shows though. They don't even manage their own accounts. 1 or 2 tweets would ramp numbers up in engagement. J Balvin 5.9m followers, pull your finger out son, don't you like money!

https://venturebeat.com/2019/01/24/superdata-vr-grew-30-in-2018-thanks-to-psvr-oculus-quest-will-be-2019s-hit/

https://venturebeat.com/2019/01/24/superdata-vr-grew-30-in-2018-thanks-to-psvr-oculus-quest-will-be-2019s-hit/

https://uploadvr.com/jesse-schell-quest-guess/

While Schell is relatively bullish on standalone VR adoption, he also warned other developers to be cautious about overspending. He said Schell Games has been funded from a variety of sources including government grants and hardware manufacturers, and being realistic about the scope of projects and the funding needed for them was critical in positioning them to reap rewards through “slow, steady growth” to the VR market size.

Slow and steady. Like EVRH. Not like NextVR. Management doing a great job.

*view to trade

I am with you Luke, this is a LT hold. I will be honest though, I have held around 300k shares for awhile now and plan to hold these long term. I did however also buy a smaller amount recently with a few to trade, and you have probably read my posts and made a good read on this that I was looking short term. I thought results may have meant this might tick up to the highs seen last year but evidently today that hasn't happened.

Either way this company is generating good revenue in a nascent market. Half the battle is getting to this point, and they are there now and positioned nicely to become a market leader in VR Education.

I would like to see a steady increase in staffing / developer levels in the coming months, expanding their team and operations in London, tapping into the talent pool more easily outside of Ireland.

Correct Max, it was SH that said 'if it's music, it's us'. They have been busy beavering away to corner the VR music market, this has been sewn up for awhile imo.

If you have tried the app, it is a completely original way to consume music. And music does lend itself to VR, you feel immersed in the show much more than say just watching on TV. I watched the World Cup in the summer and I don't think football does, haven't tried other sports.

I keep using the term but 'obsessive fans' will clamber over themselves to consume the content of their hero. As soon as that Niall fella brings out any content, all the Liam customers wallets will be twitching, as will new customers that join as word of mouth and momentum gathers. Rinse repeat

I’d say to anybody negative, have you tried the app? None ever have, which is why they don’t ‘see it’. This isn’t a company if you are looking with traditional fundamentals, where you can draw a little chart and get all excited. You’re buying the future, you either see it or you don’t.

Their main objective is to sell VR to the masses. Music is the best and quickest route to the masses of paying obsessed fans. Facebook see it, AM saw it when he founded the company, and if you don’t see it then I’d go back to bed and wake up again.

Show me anywhere where NextVR will have had anywhere near as much social media traction and interest that the Liam Payne gig and everything else that will now follow, releasing it on the app.

Day before RNS hmmmmm

What makes you say user adoption has been dismal?

For the app to only be with Oculus during marketing and launch of both GO and QUEST adds big value to Facebook's offering. Facebook are targeting non gamers - what other app even comes remotely close to attracting device sales than music? Other than maybe the Netflix app.

Facebook need MVR, just as much as MVR needs Facebook to keep ploughing investment into the VR industry.

I was reading somewhere the other day that Facebook have poached alot of Microsoft and Google VR employees over the last couple of years. We are cosying up to the right VR partner imo. Might be why both have shelved or put VR plans to the backburner

I just hope LT shareholders are not going to get diddled if they do sell, and will be fully rewarded for taking the risk i.e. minimum valuation £1b.

BTW Whatapp might not generate direct revenue but it does generate masses and masses of data, which is the 21st century oil.

Ok. Doesn’t make much sense still but there you go!

I know you've asked this same question ScamCap but for an inexperienced investor, can somebody explain how you can have 90k sells against 2.1m buys and the share price is up 1.22%?

Do the MMs set the ask and then if their pal (another mm) is buying then they just keep the ask low throughout the buying of these 2.1m shares, is that what has likely happened today? I'm just trying to get my head around it.

I think they will be positive also. Downloads for the Oculus GO app for Android passed over 1 million the other week I believe. Iphone you would like to think similar numbers. You have to download the app to get the headset setup, so it is a good indication of sales figures. I brought a GO myself in May and the Apollo 11 app was easily found as one of the more popular apps. Sales will be good and this sp and marketcap will are going to be left for dust imo.

Giving extra shares to any new investors who reserve before Jan 26th, are you kidding me. It’s likd the sofa shop that has a closing down sale every weekend.

When is the IPO? Answers on a postcard...to send to Action Fraud.

It’s tough to watch the perceived lack of action together with the dwindling sp but I trust this team know what they’re doing, and that they are playing the long game. Steadily increasing staffing levels, putting together back catalogues of original VR content that AM spoke about quietly, all while the headset market quietly builds momentum.

Fast forward 12 months and I think lots of exciting things will have happened, both for this company and VR as a whole. Negative talk of reduced VC funding for VR in 2018, but I think where the industry is at currently along with what is in the pipeline is enough that the ecosystem is now big enough to organically grow from here. Hopefully Sony announce PSVR 2 soon enough to give it another big boost based on continued sales of PSVR, and Facebook keep ploughing on, on the back of GO and soon to be QUEST success.

Sentiment will completely turn as soon as either GO, Rift or PSVR sales figures are released, because I think they will be very positive, and will convince a lot of fence sitters that it’s here now and here to stay. Evrh Horse is going to bolt soon enough. I say we are not too far away, just a little more patience required before the big ride starts.

Thanks John. I hope they’ll include sales figures from the GO for the Apollo 11 also.

Would be a nice boost to get news on PSVR. 3m headsets as per August 18. Wouldn’t surprise me if they’d done another 1.5m since then, with all the Black Friday and Christmas bundles in Q4. I’m sure (I hope!) ducks will be lined up in time for summer festivals.

Anybody know what date results are due?

Directors brought in May at 16p. VR industry and this company have been progressing steadily since and we’re at 10-11p, bargain! Expecting this to tick up on release of numbers. Plenty more headsets in circulation now. DW said 7m I think in his last interview, which I think was based after Q3 last year. My guess would be closer to 10m after Christmas and Q4, what with all the Black Friday and Xmas deals that were available for PSVR, Rift and the Go.

VR sentiment and tide will turn when the latest sales figures get released for any of those headsets imo.