That's great to hear Ortega. |
Well, the stats are in. The little edit I did yesterday with elevate.io as had 200% more engagement and exposure than my last 10 reels at the same time. I delibrately posted late as well last night at a less algorithmic time.It is such a joy to edit with even in its current very basic form. So much so I am gonna do another one tonight. It's just fun to play with. I have always been supremely confident but never have I ever been so sure. It's like backing Red Rum but have 5000/1 odds. |
Different games with different rules I suppose.
Trading on what is, in effect, noise seems like hard work to me.
Presumably why most traders lose money, but to be fair so do most PIs. |
m5
Do you see risk because you are not informed? I reckon so.
Plus you are a trader rather than an investor.
If you plotted a graph of investor Risk then it would be declining (imho).
An investor does actually need to accept the concept of risk they need to be rather grown up above it. |
Not been a great trading share for you really has it? Maybe you ought to look back in around Christmas. |
Absolutely. |
johnveals7 Oct '24 - 14:15 - 20673 of 20677
Don't get me wrong. I am not saying that should be the expectation, just nice to be there. Some seem to think this is all in the bag when its far from it IMHO. Yes I agree it looks good, take up has been good, but lets see what happens when people have to start putting their in their pocket. Plenty of risk, but very potentially huge reward. That's the gamble, but don't bet the farm on it. |
Agreed. But with this there is a realistic pre planned path to profit heading into a wall of demand. The thin end of a very large wedge |
In response to 20672 I would say yes, fair comment.
As a general rule I wouldn't go anywhere near pre profit companies, but I do make the odd exception, and have been burnt in the past.
But I am of the opinion that the risk to reward ratio here is heavily skewed in favour of reward.
Time will tell... |
On the cost of storage point, I remember Sumit mentioning a while back ‘glacial storage’ - it’s cheaper, but takes longer to retrieve. From a quick Google I think Amazon charge $1 p/terabyte p/month for this. It may be that the free accounts get this, and then the option for more storage, and faster to retrieve, if you pay…or something similar… |
£2 is equivalent to $1B. |
m5, look, each to their own, but if you think 'double figures' is a reasonable objective here then you completely fail to see what we all see.
Time will tell...
Edit. Written in response to 20669 |
It would, but my response to that is if we get to $1 billion we have proven the technology and it's reasonable to believe we could then multiply that ??? times into a market place that is huge and growing.
As Nick has said many times, it's zero or immense. |
£2.58 based on outstanding shares as of 4th October would equal 1 bill. |
Some people talking about £6 here. Wow, I really hope it comes off guys, but I think most would get quite excited if we got into double figures. It's good to dream though!! |
If my sums are right, at an share price of £2, our mcap is roughly $1 billion.
We should expect some dilution but a 200p share price would be an amazing achievement. |
Even if rhe recruitment costs of new users is 5 x what they have paid to date the elevate.io margin will be far higher than either Allenby models showed. If that is the case any need to raise capital will be much reduced:
e.g. 50,000 new users at £7.50 = £375K but expected annual income from those users at the lower average revenue of £25 a month is £15M a year or £1.25M a month. If the income from users accrues evenly over 12mths so will the costs. So the cost of getting a each new user will be more than paid by the first months subscription fee alone.
There will be other costs that new users create but again the Allenby models assume a significant profit margin that will more than cover these. |
Hyper.. we got enough to be in millionaires list, I tried to calculate my holdings at SSB dream price of £55… it exploded 😊😊😊 just sit, relax and watch the progress of our unique technology which many will understand after paying in £££££s we are here and will not go anywhere till we get our ££££55 ok £37 at discount price 🤞🤞🤞 |
johnveals,
I agree. It has seemed for ages that an II keeps dumping stock to match the buys, but that will surely have no effect at all on the value of the company and it's share price next June. |
Who cares? It's only relevant as a point on the journey. If we need to raise cash it will be next year after positive news on the rate of building a user base and the share price will be multiples of where it is today (that's the theory).
£££ not pence |
Maybe we have elevate.io users buying this morning. |
Is it still schroeders? No holding rns |
Maybe but at some point they have no shares to sell, then what? |
Feels like one of those days with more consistent buying and then a 1m sell after hours. |
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