Evr Share Discussion Threads

[kemche] 19/9/2019 07:55

£50m mkt cap??????

Alrighty then!

[parsons4] 19/9/2019 07:40

I have added this morning, the fall looks overdone !!!

[still waiting] 19/9/2019 07:30

Thought that all along, did 3D TV take off ?

Gimmick status only.

[kreature] 19/9/2019 07:27

Cost of sales are nearly 3 times the revenue? How is that sustainable? futilEvr imo

[hazl] 19/9/2019 07:26

I am afraid macro is bearing down on us.
In the bull market risk is on, nowadays risk adverse seems to be the new maxim unfortunately.

[dlewis1] 19/9/2019 07:22

Great opportunity to buy more. Investors buy on further returns not past events that wasn't meant to give profits at this early stage anyway. The outlook looks good.

[rumobejo] 19/9/2019 07:22

ramped by twitter ramp gang to heaven, but it is going back to where it all started sub 1p...

[global nomad] 19/9/2019 07:17

have added to my holding at 3.6, future looking better than the drop this morning

[apfindley] 19/9/2019 07:10

Another failed one from the regular pumper crew who said it would be the next iTunes and would of been a market cap of over a billion by now. Well done.Profits taken now before they're eroded further. Putting half into TSI and other half in another company I'm steadily building a huge position in.

[rakepat37] 19/9/2019 07:02

Ouch I'm out for now .. will put my losses in BMV.. permit granted and gold producing within 6 months then hopefully back in here . Good luck all

[rakepat37] 19/9/2019 06:59

Still no real progress with revenue ... lots of great marketing and exposure

[kreature] 19/9/2019 06:55

Perhaps 7m admin plus 2m in current liabilities should be highlighted ? 2p today?

[hazl] 19/9/2019 06:50

Again none of these things are without risk in these uncertain times.
I believe in the technology and the products but can see that the management need a lot of factors in their favour to make it work.
Good luck to them.
I hope they do!

[hazl] 19/9/2019 06:26

What an amazing six-months!
Makes excellent reading.
Sure the mobile investment strategy has meant that revenue numbers for the full year may not exceed those reported during 2018

.' Our mobile strategy will provide greater opportunities for commercial partnerships as we seek to drive consumer awareness. We are confident that these strong early metrics will continue and that we will be able to provide greater depth of insight when we release our full year results early next year.'

But these last few months have really put us on the map.

Chairman and CEO Anthony Matchett commented "The launch of MelodyVR on mobile devices marks a new chapter in our Company's strategic direction. Within the first week of launching our mobile app we were the number 1 trending app on the UK's Google Play store and ranked in the top 20 apps on Apple's UK app store. Over the last two months, we have seen our install base grow significantly and with a rich calendar of upcoming content and events, we expect that user numbers will continue to accelerate as we transition to a subscription based revenue model.

[phowdo] 19/9/2019 06:15

Damn!

The directors must still be ecstatic they managed to bank millions by offloading shares to punters at 16p/share.

[birtwhistle] 18/9/2019 18:03

On the face of it this obviously doesn't look good.
Not surprising since (a) there is a long overdue H1 report (b) we have never heard a word from Arden since they mysteriously took over from Investec, and (c) no live gigs all year, at least monetised ones.

The involvement of JGO and Broadway musicals is beginning to take on greater importance for Melody. For them to exercise their options the market cap will need to reach £220m by the year end and thus the share price around 17p - that gives us three and a half months. Not sure what will happen if they don't.

[mwainw1973] 18/9/2019 15:26

Results RNS tomorrow ?

[mwainw1973] 18/9/2019 15:20

Rough 48 hrs

[hazl] 18/9/2019 10:18

There is a similar pattern on various tech but this is an opportunity for the future in my opinion.
Shares like this don't come along that often.

[dlewis1] 17/9/2019 09:40

I couldn't resist this bargain. Bought more.

[liveit2] 17/9/2019 09:38

selling is relentless -

[axsrsw100c] 17/9/2019 08:08

I’m just waiting to see how it compares to investecs old forecast. That expected a loss, and without any sign of the live shows yet I’m expecting even lower than their predicted revenues, but as you say, who cares about a loss at this early stage of the game. It’s par for the course. But it will be nice to see how we’re going

[adventurous] 17/9/2019 07:06

The question is, when are they going to confirm H1 revenue and, more importantly, recent numbers on users and forecast for next 12/18mths.

Any investors expecting profit earnings at this early stage of a new business model will clearly be disappointed, I believe it will come, but will take a few years yet!!