Engage Xr Share Discussion Threads

[avsome1968] 23/1/2023 08:09

Papillon

Cant get it right all the time, last year was a poor year for me as for many here, VRE made me some decent money to be honest buying low selling high but lost all my gains from the price in December, still holding for a turnaround we shall see.

I personally don't like people losing money in the market so how's your investment in XTR where you put most of your money in? don't tell me put looking at how its performed no better than here, but then you will say you sold out and made lots of cash lol.

[retrostat] 23/1/2023 07:50

Very impressive demonstration in the video, looks like a game changer for usability of Engage.

[retrostat] 23/1/2023 07:44

ENGAGE XR Holdings Plc (AIM: EXR; Euronext Growth: EXR), a leading metaverse technology company, has successfully developed and demonstrated the integration of artificial intelligence (AI) into its ENGAGE professional metaverse platform.  The engineering team at ENGAGE XR have used Open AI programmes, Chat GPT-3 and DALL.E to inhabit an avatar called Athena for real time conversations and interactions with humans.There is a demonstration here: https://youtu.be/pK6Uo5-jDfE

[retrostat] 23/1/2023 07:43

ENGAGE XR showcases first AI-powered virtual employee, called AthenaVery interesting RNS this morning. This sounds like it would provide increased cost efficiency when scaling up. An exciting new feature.

[papillon] 18/1/2023 17:56

avsome1968 5 Nov '21 - 09:32 - 2 of 288
0 0 0
Thank you S/S we are going to the next level here // can see this 20p broken very soon looking at the chart pressure building and nothing online, some news would be good.

🤣🤣

[retrostat] 18/1/2023 13:58

Thanks Spurs, not buying in has been the right approach to date. Agree these are the early stages. I bought in some more at the end of last week. The cash runway is in months and to be sceptical, my guess if the loss does not close before it goes much lower then a raise in capital would be more likely to come from an investment by way of a conditional subscription from one or more of the big companies already involved, Lenovo for example, rather than a rights issue. Dilution, but if they bought in at some point and put a few million on the books, with the backing I believe the share price would respond positively from its current price. Like HTC in 2020 for example. Perhaps a rights issue if not. They currently have no debt which is reasuring. Overall feeling positive long term and after the update today. Thanks and hope you get a good deal if/when you do decide to buy in. All the best.

[chassiemodo] 18/1/2023 13:20

Wow this will be back to double digits before April

[spursffs] 18/1/2023 12:24

I own a VR headset and decided to check out Engage. I was impressed, and I think the whole concept of VR works well with learning/training in some industries, which puts Engage in perfect position to capitalise. My main issue with it all is that I don't think the 'Metaverse' is ready, in fact I think it’s a long way off, 5+ years at least until it gains any real momentum.

For that reason, I personally wouldn’t invest just yet, and as I have already stated previously on this board the company is about to run out of money which will put more pressure on the stock price. I will keep watching though. Good luck to all that are in already.

[retrostat] 18/1/2023 09:39

An encouraging RNS. Better than expected cash balance at year end. Hopefully they can see more of the like in revenues that came in December. I have been spending some time exploring engage link recently and some of the larger companies on the platform are showing their metaworlds to be 'coming soon'. Among the companies in the enterprise plaza with worlds displaying 'coming soon' are Lenovo, HSBC, Kia. I imagine once the big brands start to encourage their customers to explore their metaworlds via their own marketing channels this will be a huge boost for Engage. There is also huge potential for users to switch from lite mode to a subscription. Very encouraging potential. Thoughts anyone?

[retrostat] 18/1/2023 09:07

"We believe that ENGAGE Link has been well received, and we expect to deliver a significant expansion of this service throughout 2023. The sales purchasing cycle lengthened in the second half of 2022 in some areas due to the global economic conditions, but early signs are that this trend is easing. We, therefore, expect to see steady growth for the first half of 2023, with the benefits of our new Lenovo partnership announced in November expected to be seen during the second half of 2023."Lenovo and ENGAGE will work together, bundling Lenovo hardware with ENGAGE software licenses for large corporate clients and providing metaverse services to those who request them. This will be an exciting time for both companies. Our sales teams are already working together to ensure we execute on all the opportunities and scale efficiently with a focus on the US and EU markets."During 2023, we believe that we will see the use of the metaverse by corporations and educational institutes increase and evolve. My vision for ENGAGE is for it to become the dominant metaverse platform of choice for Fortune 500 companies. In 2022, we worked on partnerships and deals that will further this long-term goal at the expense of closing multiple smaller cash deals. At ENGAGE XR, we build our business relationships on strong foundations, and I believe that this coming year is set to be a seminal one for the Group and its prospects."

[retrostat] 18/1/2023 09:06

David Whelan, CEO, ENGAGE XR, said: "2022 has been a year of substantial revenue growth for the Group, despite the economic outlook in many other areas of the tech sector. ENGAGE platform revenue grew by 83% in this period, and we closed the year with our strongest-ever sales month with €0.6m of revenue in December 2022.

[retrostat] 18/1/2023 07:54

Finished 2022 with an encouraging performance. December 2022 was the strongest ever month for the Group, with revenue in the month of €0.6mCash burn is expected to be approximately €0.4m per month during H1 2023.

[retrostat] 18/1/2023 07:53

Looking better than expected

[livewireplus] 18/1/2023 07:50

From this mornings RNS then they do have a few months cash left ....

[yasx] 12/1/2023 00:27

They are running on fumes - where will the money come from ?

[corrientes1] 23/12/2022 11:49

Let's hope that money doesn't remain tight and that the environment for exciting new commercial ventures so uncertain, that new horizons a are deferred for a lengthy period.

[chassiemodo] 23/12/2022 11:40

Well that’s it folks just to wish you all a merry merry Christmas sadly not a very happy one but am very hopeful that 2023 will be a much better year for all of us who have decided to hold on. Enjoy the holiday stay safe will look forward to new year posts as the spring rolls in. Cheers

[chassiemodo] 14/12/2022 15:48

The ask price in Dublin Iseq is .12 sell price.07 and as of 14.30 today no trades. London has 400,000 trades. New Year New Tidings hopefully.

[andre] 14/12/2022 08:41

Yes. It just became a long term hold now. And also one to add to as this is way oversold now for what it is worth in reality. These were only delays not cancelled contracts. There will be a fundraiser for sure but this market induces panic. Buy when there is blood ....

[guman] 13/12/2022 17:06

i am, having paid 20p

[retrostat] 13/12/2022 16:27

Wonder how low we will go before the week is out. Any one else here still staying put?

[yasx] 13/12/2022 01:48

Another disaster for that 74Tom chap - if anyone is looking for almost certain failures, then do track his endless abject calls, one after another I jest not. Every share he promotes collapses and then some.

If ever there was an efficacious contrarian indicator....74T going long is one to cause any rational investor to run for the hills.

[corrientes1] 12/12/2022 20:00

Can't some big outfit just gobble up this company ? The cost would now be chicken feed to them and they'd be buying a huge amount of development work in a future growth market.

[actscap] 12/12/2022 18:22

Also. It indicates the big bang always on metaverse hasn't had the traction as hoped