Member Info for thebamf

Yep, spread narrowing, maybe MM's starting to see a market here.

Maybe start of a re-rate to a more fitting PE. Profit making, covid proof (if not beneficiary), fast growing tech business, directors with massive skin in game, huge and growing customer base. No shortage of reasons to invest here. 20-30 mil would be reasonable on earnings alone imo. Who knows how to value the t/o potential?

New product launch too, they are obviously having success with the pre-mix cans which is really good news cus the markup on them must be huge. Happy holder here.

"In addition to our current distribution we are delighted to confirm both ready to serve varieties have been listed nationally in a major retail group effective in store from mid-August".

- Could be a big year.

Either way the higher margin sales have given us more money to ramp up the brand building machine so great news really.

Redleg is currently featured on the Tesco homepage in its "Top Offers" section. Nice bit of exposure and a great price if you're thirsty.

https://www.tesco.com/

I agree remaining profitable through the last few months is the most important thing, but many more reasons to be optimistic here I think;

Restructuring process now complete which impacted fixed and labor costs and efficiencies.

China and India business's now fully owned subsidiaries allowing for greater profitability, efficiencies and synergies in production tooling and distribution channels.

New China factory efficiencies starting to have impact (resulting in 20% smaller workforce) and increased production capacity.

Disposal off loss making business in South Africa.

Capital now freed up for expansion and acquisitions.

Overall the RNS to me reads like good stewardship of the business, the desire to optimize production processors is evident throughout which will significantly improve margins and the company is now positioned to enter a period of growth at a time when its likely large infrastructure projects will be needed to stimulate economies worldwide.

Debt and pensions seem sustainably managed and a cash balance of £15mil plus unused credit facilities provides us with strong liquidity going forward. Obviously some challenges ahead but I'm very happy holding and adding here. The sp may hang around these levels for a while but I don't think you'll have to wait 2 years to see 20p.

Someones taken a good chunk here today. Rerate soon imo.

I suppose the other possibility is to prepare VRE for a full takeover. Either way looks good for share holders :)

Yeah, I imagine its to help VRE maximize the appeal of "Engage" to the Asian market. They obviously recognize the value of the core asset. It probably just needs a few bells and whistles to hit the right spot for Asian markets. Been looking in here daily, not too much in the way of price movement. Volume down on last week but still more buys than sells daily from what I'm seeing.

Facebook's "Oculus enterprise platform" came out of closed beta and launched to all over the weekend. VRE's "Engage" platform one of it's selected ISV partners so hopefully should be significant new revenue streams opening up.

https://mspoweruser.com/facebooks-oculus-enterprise-platform-is-available-now/

Lots of good stuff happening at the min.

To me it seems HTC want the "Engage" platform to offer as an enhancement for "Vive Sync" to offer their corporate clients. HTC are very smart and know the world being on lockdown is an absolute gift when it comes to marketing VR. I've no doubt their new business acquisition budget is being adjusted north daily atm.

Just look at the CEO interview on "PI" couldn't contain his smile when talking about the "Big news" to come. Personally I'm not even anticipating a 25% top slice here until we hit 100mil + mcap but I'll review the situation when we get there.

Saw a news article and seemed obvious there was profit at 45p entry so jumped in, but I have to admit I'm not sure how to value the enterprise value. Will this give the current Marstons brands access to the international clout and distribution channels of Carlsberg UK's parent co, "Carlsberg group"?

Given the 40/60 split, If Carlsberg UK/Carlsberg group decide to leverge Marstons brands, will the value be channeled to the parent co or retained within the new company?

Thanks in advance.

MM's made the spread silly cus they got no shares. Not getting mine, will have to try a different trick.

Vive Sync came out of closed beta at the end of April. Lots more news to come here IMO.

https://www.vrfocus.com/2020/04/sync-is-htc-vives-step-into-the-world-of-online-collaboration/

25 billion $ mega Corp HTC has just taken 20% stake given us 3 mil cash and will be promoting VRE through their VR platform in Asia. - For those wondering what the fuss is about.

https://www.proactiveinvestors.co.uk/companies/news/920140/dart-places-shares-at-zero-discount-920140.html

Headline says it all placing at 0 discount. If that's not a ringing endorsement I don't know what is.

Happy to accept I jumped to conclusions here before fully digesting the info. Happily my concerns are diminishing and I'm starting to see the positives here. Still some reservations but maybe I'll mull them over to myself before I go spouting them in here.

I will continue to hold and may still top up if we go lower because the potential here remains massive, but I'm not going to pretend I think this is a good deal. The fact is we could have been sat of the Amazon's homepage with instant access to 200million visits a day and instead we get this.

https://medusa19.com/

Exclusively!

Lets hope for there side of the deal they are going to stump up a good amount of publicity about where people can buy the test. I can't help feel that Wallmart would have paid us for exclusivity to use our product as a loss leader.

Thought I'd share this video for anyone who's not seen it. Facebooks "Oculas for business" has selected us as ISV partners for anyone who doesn't know. The IVS program is mentioned at the end of this video. At the start of the video though there are some impressive stats about the size of the emerging VR market for training and in the workplace along with a great demo of the effectiveness of VR training.

https://youtu.be/PRi-JPQBc-c

The one downside at the moment is that the "Oculas for Business" seems to be delayed although I understand Facebook have some giants (DHL, Amazon etc) signed up already.

Also, I was just looking through the old posts here, I would not be worried about dilution via placings, I would rather us be well capitalized as a business and attract the best and the brightest. These are billion $ markets we are targeting here, having 3 mill in the bank with a 20% dilution I would find perfectly acceptable. Capital is needed to create value and it has to come from somewhere, while the good news and contracts are flowing we do not want the board to be concerned with cash flow.

I get why people don't like dilution, but they have a bad rep because of dodgy oil companies et al. In our case if we need it to keep ahead of the game I hope they don't hesitate to raise. I've not doubt we would see the value instantly increase our MCAP anyway if it mean't financial security through the next (crucial) 18 months.

Just my take anyways.

Can you imagine queuing to get in the cinema, on a train, plane, stadium or anywhere and having to use this device.

Imagine the scenario. 100 people in queue. After the person being tested has sneezed all over their phone a security guard takes the device out of that persons phone and puts it in the next persons phone. Who then has to force a cough or a sneeze out on their phone. Some residual mucus immediately goes over the security guard and the device. While the remaining micro particles are left to circulate in the air for the next hour or so. The security guard then moves the queue along and places the device in the next persons phone and the process begins again. This is not a queue I would ever want to be in even if everyone tested negative.

Ridiculous idea, reminds me of a quote from Jurassic Park "Your scientists were so preoccupied with whether they could, they didn't stop to think if they should."