RE: plenty of time27 Mar 2020 00:40
Such toxicity in the comms again. I don’t know whether people appreciate or consider the journey and environmental obstacles EVRH need to overcome to set themselves up for long-term success. I feel the recent RNS announcements have been informative into mid-term direction. It's just a shame how this COVID-19 VUCA event has disrupted preparation and investor perceptions. Also makes me smile how individuals mock the fact that smaller artists are on the platform aswell. Every company needs to start somewhere to build awareness, advocacy and loyalty. Budgets are limited, long-term contractual arrangements are likely to be somewhat restrictive and EVRH need to prove the concept before going after bigger names. This company currently has lower debt than many and appears to be consistently following a marginal gains development approach to growth. Like it or loathe it, it needs to be respected and shouldn't be rushed. For me, there’s a couple of key comments in the last few days that contributors should reflect on……
Pascha:
“No one is selling - so it won't have any impact. It was effectively a private placing - no one i have spoken to was offered to take part in the placing so will have gone to a strategic partner or handful of HNWI.
Let the boys do what they need to do - we have a venue in London, New York and La and we have the world on lock down.”
LowiePete:
“It's an important one because _keeping_ users rather than disappointing them is key! The go-to-soon trap is a major thing, so don't overlook it. The John Gore situation is another stumbling block, with no audience, a stage show just looks like a naff dress-rehearsal. There's no atmosphere or feeling of being part of something special. No-one is going to pay JG's expected rates for tat.”
reynard28:
“I agree with a lot of your comments Codey - for years most people here has been blindly ramping this company HOPING that something big is going to happen tomorrow, the next day, the next day and so on until you're at the £1 party that is often touted. Even in this crisis, they're going to have the same struggles to build a subscriber base as Spotify, if not more as we see music streaming drop (aside from a few select genres) and likely in the mid term start to see people cancel subscriptions as they lose work/jobs due to the impact of the virus and tighten purse strings. The company is not going to turn profit for a LONG time.”
The.Italian:
“markets are always forward looking.we need to look to matters beyond cv,not just see it as a short term opportunity.”
Mel5
With the greatest respect, the COVID-19 has presented an unprecedented opportunity for experienced and professional investors to make substantial gains on the stock market