Member Info for MKS123

Https://www.xrtoday.com/augmented-reality/meta-unleashes-openxr-as-standard-gaming-development-path/

Https://www.cityam.com/enduring-success/

LEAP could have potentially been a bigger deal than I initially thought.

Engage works with PwC of course but is not the same company so not impacted by whatever is going on with PwC/PIF

https://www.reuters.com/business/pwc-seeks-mend-relations-with-saudi-arabia-sources-say-2025-03-03/

Https://www.xrtoday.com/mixed-reality/meta-replaces-quest-for-business-with-third-party-mdm-services/

Highly positive. I'd expect FY 2025 numbers to start to show how much this means to EXR financially.

I don't think the average Joe is monitoring these tweets and drawing a connection. The information is interesting for LTHs. The fall in SP is, IMO, profit taking after this was 0.5 a month ago. Nothing has changed for the company except for positive developments in product and fair attendance

Last time around the offer started at 205 and ended at 230 in cash.

Late RNS yesterday.

I note shorters list is down again.

No brainer to attend for Engage and impressive to be tied to a name like PwC on such a high level of exposure. Bound to be driver for future sales.

Obviously not the same as announcing another major contract but networking like this is usually the seed for such contract wins.

Probably because of likely rate cut. Either way, up it needs to go

Whilst I don't expect deals to be announced so quickly, their biggest contract in recent quarters is from the ME. They've refined their educational offerings and 2025 onwards is about selling this.

Https://www.proactiveinvestors.co.uk/companies/news/1065203/meta-s-ai-investments-to-result-in-strong-long-term-returns-analysts-believe-1065203.html?utm_source=newsletter&utm_medium=sendy&utm_campaign=uk_daily

Same goes for the whole UAE.

News today of the Chinese AI is, IMO, good for the industry and adoption of AI (particularly in education) bring costs down and further increasing the options available to the masses. The hit to US tech stocks aside, good for the EdTech industry.

Sebo - they do have sales and revenue over 3m EUROS, which you can review in their recent RNSs. There is no debt but today's rise is really for their exposure and the opportunity they're in with Meta. They have other longstanding relationships, on the back of which I've been invested here but the financials won't show until later 2025 and really in 2026. Target for 2025 is breakeven, which I think is conservative.

Davey

I do expect a wave of day traders have jumped in here - part of the market. There will be profit taking along the way by traders who want to pocket profits - also part of the market. As a LTH, the mcap of EXR is too low IMHO and even at 4 (year-high) is too low given the potential of EXR's relationships with Meta and Lenovo not to mention their other contracts including those in the ME. Abu Dhabi has a dedicated AI university - first of its kind - and this market is expanding. All-in-all, those jumping in today are still getting a cheap price.

"Meta for Education" - nice and a steal at this price. The Lenovo and Meta relationships will eventually feed into numbers for EXR, which will put this SP much higher. I'll wait for then so the breakeven 2025 is conservative IMHO

Tough one. Interest rates aren't coming down massively in 2025. The net debt was supposed to be lower than 88m but it 200m. Even with the "significant" cash inflows in recent weeks, this is over 110m off.

The South Division audit was completed a while ago so today's news should/could have been disclosed in November. I'm waiting on the sides for now. There could be more bad news in January.

Mitsubishi looking to get in with the Nissan/Honda merger to make it 3-way. Even better for SM

Ref: https://www.xrtoday.com/mixed-reality/meta-leads-in-ar-and-vr-headset-shipments-idc/

International Data Corporation (IDC) has found that over 70 percent of global shipments of AR and VR headsets can be attributed to Meta for the third quarter of 2024.

The volume of global shipments increased by 12.8 percent mostly off the strength of Meta’s performance, according to the latest information from global market data provider.

IDC believes that the versatility of MR headsets like the Quest 3 are outperforming other types of headsets and could even replace augmented reality (AR) headsets.

It therefore predicts that MR headset numbers will grow 21.7 percent in 2025, shipping 7.7 million units and retain its position as the most popular headset category.

The Deloitte angle places a risk for further skeletons to be revealed. I didn't catch a timeline for this review either. Only had a quick scan of the RNS as I'm not currently a holder.