Member Info for petebo

Possibly timed before news starts

Right? If you were right you wouldn’t have bought at 4.5.
The answer to your earlier question about being thick requires no response!!!!

Exactly Pacha, weak holders being encouraged to sell when they really should be buying

He admitted he bought at 4.5 at the same time as dribbling it was going down 4p and then into the 3’s

Unscrupulous low life

Optimist is just a lying trader that ‘encourages’ others to do exactly the opposite to what he is doing.

So do I get this right optimist

Whilst drivelling in here the SP was going down to 4p and then into the 3’s you were buying at 4.5p

Take note folks, he’s the snake a number of us spotted a while back.

Horsey, you have just demonstrated you are clueless on EVRH business model.

They have told us that they are working on deals with other Mobile companies for different regions. US? South America, Europe? These are the deals we are waiting for and not yet complete. These are the deals that will massively grow the revenues especially when Social and Advertising are added.

Horsey, I’ve told you before, negotiating big deals with big companies takes time. It can drag on for months and months even after the principle is agreed.

Pivot into mobile app expands TAM by 400x and accelerates adoption...
We view the group’s pivot into mobile with the launch of apps on Android and iOS in July 2019 as strategically astute. We see a multitude of benefits, from faster product development, easier access to market, new monetisation opportunities and accelerating the adoption curve of VR.
We strongly believe that music is the key use case to drive mass adoption of a nascent entertainment technology and access to the mobile market is the ideal pathway, removing the barrier to entry from the purchase of expensive VR equipment.
We estimate the group has increased its market potential by 400x when considering the installed base of Oculus headsets relative to the number of smartphones in circulation. In dollar terms, the VR market is estimated at http://c.US$4bn versus the US$100bn generated by mobile apps every year.
...and recent contracts with O2 are the catalyst for growth
We believe EVR’s recently-struck agreements with O2, the UK mobile division of Telefonica, is a significant shift in the group’s commercialisation strategy. Under the terms of the first agreement (17 October 2019), O2 is offering new customers subsidised unlimited access to MelodyVR for up to 12 months. On expiry of their free period, users will be invited to join a monthly subscription model for MelodyVR through carrier billing.

Key changes are in motion
We believe recent strategic moves have placed EVRH in pole position to exploit a multibillion dollar mobile VR market in the making. The group launched a mobile app in July 2019, removing its dependence on specialised VR headsets, and formed a new partnership with O2, the UK mobile operator, in October 2019. We believe these two events form the axis of a critical pivot: in our view, the more mobile centric model provides opportunities for faster development cycles - independent of the adoption curve of a VR headset, expands potential lines of monetisation and dramatically widens the group’s TAM. While 2019 is likely to have been a transition year, we view the group as better positioned with a faster pathway to adoption.
We reiterate our Buy rating on EVR and highlight our price target of 18p.

Barriers to entry from licensing ...
The group is one of sixteen companies globally (on our estimate) that have successfully secured licensing agreements with all three of the world’s major music labels (Sony, Universal and Warner Music) – and the only VR company to do so. We believe it is a substantial undertaking for any company to replicate such deals – either by negotiation or by acquisition. We note that several competitors (most notably LiveNation’s and Citibank’s prior VR partner, NextVR) have historically failed to penetrate the market due to their inability to license content.
Further, we highlight the strategic alignment with substantial buy-in of the group’s key music partners (Sony, Universal and Warner all have options equivalent to 8% total diluted shares outstanding) and John Gore (8.4% direct equity stake).

US theatre adds a further $multi-billion opportunity
EVR’s recent deal with The John Gore Organization (JGO) has placed EVR in a prime position to exploit trends within the US theatre market, in our view. Earlier in the year the group announced a strategic partnership with JGO, issuing US$5m in new stock (25% premium to the share price prior to the announcement) to John Gore, President and CEO of JGO himself, and provided the company with a further option to purchase an additional US$10m of new stock at a valuation of £220m (expiring Dec. 2019). On 8 January 2020, John Gore partially exercised his right to purchase newly issued shares in EVR, injecting US$1m of fresh equity into the business. The remainder of the option (http://c.US$9m worth) has been extended until December 2021. In our view the valuation (approximately treble the current level) and the roll-forward clearly indicate John Gore’s commitment to the partnership and its potential.

We add EVR Holdings to the Arden Best Ideas list for 2020. EVR is a virtual reality entertainment company. Its proprietary hardware and software technologies can deliver a live experience for music concerts and, soon, theatre productions at a fraction of the cost of attendance. We believe the group’s recent pivot to focus on a mobile as opposed to a headset experience, is a game-changing strategy. Post the launch of the Melody VR app across iOS and Android platforms and the agreements with O2, EVR has created a realistic path to accessing a global consumer base of one billion music listeners. In our view, the group’s prospects are dramatically underestimated by the market. We reiterate our Buy rating and a target price of 18p, valued using a DCF.

Wayneb. Great post, good to see a post from a long term holder rather than the drivel let’s talking through their last failed trade.

As you say, where the BOD has got us too in a short space of time is nothing short of remarkable

Optimist. Your drivel astounds as usual

Ther are building their brand alongside O2, Facebook and Oculus. Hardly deserts!!!!! I’m looking forward to next ‘dessert’ A US telco

Here’s a good tweet about the numerous changes

https://twitter.com/danny_brown9/status/1205083869327904768?s=21

It’s coming!!!!

This is a technolgy investment
The headsets/glasses WILL get smaller
The quality WILL improve
I think Coldplay had arounf 2 million watched their VR gig
Many people said the car wouldnt take over from the horse or that CD wouldnt replace vinyl

GeordieShores

Hint.
- To make money buy low, sell high and dont try and do it in just a couple of weeks

- At the very least, Theatre is one 'trick' and Music is a second 'trick' (though IMHO can be broken down further with advertising, live gigs, back catalog etc)

Can you take a couple of others with you?

Typical of this BB. The whiners and losers drivel on but ignore KiethLemonade posting a link to a major publication where lil ol Melody are mentioned first. Patience folks, dont let the drivellers drag you down

https://www.forbes.com/sites/solrogers/2020/01/24/will-2020-be-the-year-the-music-industry-fully-adopts-immersive-tech/#5721f34b3658

And you are full of ****