Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I believe this will be the first in wave of good news for the Travel Industry for the summer gone and less impact than expected for year ahead ....
https://travelweekly.co.uk/news/air/easyjet-achieves-record-summer-bounce-back
"“EasyJet achieved a record bounce back this summer with Q4 operating profit expected to be between £525 million and £545 million and passenger numbers almost doubling versus last summer to 24 million with a load factor of 92%, as demand for our leading network and services remains strong."
"“Our summer ’23 season went on sale last week and we were filling the equivalent of more than four A320 aircraft a minute in the opening hours demonstrating the continued demand."
Yes it's bizarre , to be effectively trading ahead of 2019 trends (which were good themselves at the time ) and taking this flack seems unwarranted. I can onl assume that the "cautious" slant from Simon Cooper regarding the cost of living crisis has been read and abosrbed more than the actual results !
So will Ordinary Share holder own anything after "The transaction" ? ie will our holdinsg be swapped into anything else , or do we just continue to own the Ordinary shares in a company thats transferred it's assets elsewhere ?
Now a reality !
After it's recent battering we do not wish to see it dip again and welcome the rise lol !
"on a deal worth $45.6million" , depends on who and how "worth" is being defined .
The other way you could look at is there is apaprently 6M in the bank .
Maybe this will be 4M by the time of transfer.
So if you are confident the rest of the "worth" , say 40M can be supported ie The Napster name , IP and platfrom \ app development costs (intangible assets ) + some IT equipment (tangible assets) sitting on the Balance Sheet and these can either a) quickly be re-employed to either generate more revenues than costs OR b) are an attractive enough proposition to bring in new US investment with new dilution to sustain ongoing operations until a) can be acheived or c) be sold off to recover those asset "worths" , so you'd get the current paultry SP back at best although probably not after liquidation costs
The issue is how much money is still required to develop and then compete with the big players , 1BN 50BN (have they studied or considered this ? ) all of which will require the private or NASDAQ shares to be diluted further , I strongly suspect a billion is not suddenly going to suddenly appear from trading profits on any new app relaunch so furthe dilution looks inevitable.. and thats the best case , ALL IMO
"Once consolidated your 1 share in Napster will convert to 1 share in NM Inc." Not true , every 750 shares you have in Napster will convert to 1 share in Napster , however in theory the % you own in Napster will become the % you then own in NM Inc. the private US version of Napster ie think of it as "Napster Music Inc" , basically the same as a UK Limited company
WHO already starting to downplay Omicron concernes coupled with traditional xmas \ new year advertising into January peak booking period will see more than decent recovery of fortunes IMO , sahre has been well oversold to traditional valuation so I'll definetely continue holding
Anyone remember "The Oracle" , the original Spiritual Leader of the rampers , waht happened to him ?
The initial blurb states "any listing of NM Inc in the US would be completed during 2023 in conjunction with the launch of the new platform"
AM statemnts says "..in advance of the launch of our new music entertainment platform in February next year" (or is he already thinking it's 2022 and next year is 2023 ?
Surely just a matter of days before this SP recovers from recent performane. Jet 2 up 8% today (admitteldy ater a results dip) in the same market
With the final PCR debacle now almost history thanks to today's annoucement on Day 2 Lateral Flow tests, it seems there are now very few barriers to travel. If anything I think the pandemic has made people realise just how much they need that foreign culture interaction (and weather !) togther with friends and family rather than the government staycation propaganda that costs potentially more and pushes our own resorts to breaking point .
Great recent CAPEX investments and contiuning improvemnt in processes and , oeprational delivery and custmer service are heading twoards making J2 the travel flagship for the British economy.
This has been well over sold this last week ! Hopefully the market will see the sense of a well run company , with a loyal customer base , and which acted decisively in cutting it's cloth and operational output during the uncertain summer and will no doubt see a strong return to a succesful 2022 rebound
Can only guess the market was anticpating relaxation of PCR tests for travel in Boris announcemnt for half term which hasnt happened , not that it shoudl have had that much affect on lonmg term etc
Sales pause over and now fully back selling holidays along with all the other major travel operators. got to be in it to win it so I am glad OTB are back to what they do best
Pause over and selling fully alongside all other Travel operators from today without self imposed restrcitions
Surely enough to remove the brakes now and get us back on sale , C'mon OTB sales are going walking to Jet2 ?!
"Live Nation’s streaming service Veeps is to make history this Saturday, 24 April, by livestreaming a concert by SIX60 that will be attended by 50,000 people at Eden Park stadium in New Zealand. Veeps’ broadcast is being billed as the largest concert with a live audience and the first global live stream of a performance with a sold-out audience since the start of the pandemic"
https://accessaa.co.uk/live-nations-veeps-to-stream-landmark-hybrid-stadium-concert/?utm_source=newsletter&utm_medium=email&utm_campaign=regular
Wake up . LN will not be using NAPS for streaming from their own venues using their own platform .NAPS is being shut out and If anything will now be needing to buy this content in to fill their own App content ambitions . Read the RNS where they state they are scaling down MVRs content capture