Member Info for Mooney111

Anyone else notice that they're now releasing financial related info in dollars (but still include a mix of dollar and pounds depending on the reference). Seems a bit odd to me and can't decide whether it's a positive transition as it all becomes more and more geared to US market, or just more mess considering we remain a UK listing.

GLA

Interesting thoughts regarding acceleration Mel. I was wondering this myself and see this as a positive as I've interpreted this as they're going to be more aggressive at pushing the app. The flip side of that though is that they haven't provided a reason for the acceleration or the increase, and these should be really easy things to frame positively, avoiding further negative shareholder sentiment or SP movement. What I also don't understand is why they haven't quantified what savings have been made on capital expenditure as part of combining the business. This is not competitor sensitive information as far as I'm aware, why are they not providing such basic information? This is where IR should be helping ensure that statements are concise and informative, not speculative. Keen to hear your thoughts on this?

GLA

Hi Italian. Yes you're probably right. Thanks for pointing that out. Do we think that N&G have freedom to convert whenever suits then? I feel like that too many big gaps here which should have been made clear.

Rikkitikki has a very good point regarding the 70m Vs 80m too.

What the hell are these lot playing at.

The bit here which is the most disappointing is that this RNS. Has added more layers of vague and ****ing between facts and equitory are now complicit in this in my view.

We don't know the conversion % without having to try and piece it all together, we don't know why they avoided submission of information for 2months instead of of the 21 day maximum gap between tranches, we don't know how the share price was calculated and from what dates (considering its meant to be preceding 6day VWAP low @ discount), and theres literally no other information. Very disappointing and more deliberate manipulation.

GLA

Hi guys.

I'm a big advocate for this share and its future prospects, but I think we'll see 105-108 again over the next week unless some news kicks it in a positive direction (which could happen any day as bids are apparently due to be submitted for ITP early this month). The reason being is that there's been a half decent ride up for all major indices and I think we're due a fairly heavy pull back on the S&P 500 particularly. I only say this as I think this will be the best buying / topping up opportunity and I'll be be putting in another 20k myself at this point and I think this will be the last hurrah at these levels with the rubbish recent travel sentiment. Big climb coming I think.

Good luck everyone whatever your choices

What's b and b?

I emailed equitory by the way and got a rubbish answer which stated that they're working on a communications programme which hopefully answer all my questions. This due to commence in the near future.

Geoff was subsequently advised of how "soon" is regarded when this board states it.

Let's see and with today's volum and price movement on no news I hope we've seen the worst!

Good luck all

This is true. I'd imagine it comes down to desire to move into this market. Fingers crossed with their margins squeezed as much as they are, the growing discontent with what they're paying artists and the big royalties they've apparently paid for podcasts, that they're not going to be paying loads to find ways to monetise the immersive experience. At let's hope so or hope that they've no interest in doing so.

Time will tell I suppose. I'd like to think we can all turn a decent few quid on this share prior to that, and hit 18p again before the year is out. Probably just dreaming but when I stop dreaming I'll be cashing out (or cutting my losses).

GLA

Thanks restless. Good to know!

That's bad news about Spotify! FFS. Suppose only a matter of time and it was always a concern. Let's hope it's enough to kick the board into having a sense of urgency about everything. Think I need to double check the admission document for re-familiarising myself with barriers to entry. Thanks Mel. That info is at least encouraging. Hopefully they'll come up with another major deal from lefr field.

GLA

Congrats to us all and Napster for officially having an up day. The first as Napster lol. Jesus Christ. The posts regarding Market cap are interesting. Very school boy but i hadnt considered the cash we have too, and this rightly gives this a stupidly low market cap when this is taken into account. I think anyone who has topped up and averaged down has had a winner.

GLA

Wahey he went for it! Lol. I'm now averaged down to just over 3p too. Holding a bit more dry powder in case there's any last ditch drop before the rise.

GLA

JP Morgan apparently updated to neutral from underweight. Them being a massive critic should add some good momentum.

GLA

Lol you're probably right Italian, surprised there isn't a barrage on it being melody already. The more melody do in the meantime the better as far as I see it. Long time to go until the combined app is released, and considering these deals were based on melody, I'll be happy that it's not a dead weight until then, and hopefully we'll have IR pushing out some positive data on the uptake. From a consumer perspective, although nobody normally likes the "new and improved flavour" of anything, there will be a forced engagement with the new app as applicable and will promote a lot more discussion around the app too. The facts it's being pushed lots by Singtel can only be a good thing

GLA

It's mental isn't it @£65m. I've added more again and feeling more and more confident with it, the lower it's gone because it's so undervalued. Don't think it's a falling knife situation at all, just think it's manipulation, momentum , and lack of news . Weve all no doubt seen thing go to far in both directions based on nothing more than momentum. We know the Comms is going to be rectified very soon and we're so close to having the PR machine start rolling. I'm feeling pretty good. Ironic really that the lower price has bred more optimism in the most backward of ways . Horrendous that it ever was allowed by the BoD to got this low though.

GLA

Am I missing something? Anyone have any guesses as to why we wouldn't have had an RNS today?

Wow this is on fire today!! Lets hope this RNS is a bloody good one otherwise this is going lower

Driving me to despair , but doubling down. Let's hope this comes off otherwise I think there will be lots of tears lol

I've held!! I was surprised it tanked on the last results if I'm honest and bar any surprises I can't see this being taken badly. I'm a bit annoyed that a few of my other investments haven't gone my way as I was hoping to have a bit more dry powder for tomorrow's results and I think rolls is a winner long term.

I have 2 main concerns about how things are presented in the results, and that's cash fundamentals and hoping no further downward revisions on cashflow or flights, and additionally, the ITP aero sale.

Time will tell. Good luck everyone. If tomorrow's a decent update then we should be looking at 150 and beyond over the next few weeks and months. Finge s crossed for the sooner

can't hurt to give them a nudge!

Thanks Mel I hadnt considered croas checking their other work, and I think that definitely adds to the positivity around their appointment.

GLA