Vr Education Share Discussion Threads

[hazl] 11/7/2020 13:44

recommend.

[masurenguy] 11/7/2020 13:01

When a stock rises by over 400% in just 4 months you often see a retracement from profit taking.

[hazl] 11/7/2020 06:40

Good luck to you ,too.
CEO sounded so upbeat so perhaps we wont have to wait long for more solid news.

[corrientes] 10/7/2020 22:40

Yes, Hazl I should have sold earlier but still up on my original 9p and 10p purchases, Tech companies are not really my scene as I'm a bit of a Ned Ludd, but I've left about half here to see what happens. Good luck to you.

[hazl] 10/7/2020 22:22

Pity you didn't sell higher up corrientes.I t is possible that tech might b e out of favour soon as l have said but if this company bring in the dollars then it might still reflect in the price one hopes.I think the stock market is in a funny place so lm not going to post opinions so much. We are dependent on news and the wider repercussions of the general stock market .So people as ever will have to make up their own minds.

[guman] 10/7/2020 21:18

any good reason for steep decline are we heading 10p

[corrientes] 10/7/2020 13:29

hazl - I did sell part of my holding yesterday. Aa I say I just hope its not one of these gismos which fascinate but which has no major commercial future, humans being social animals when all's said and done.

[seagreen] 10/7/2020 12:11

With a market cap of £36m as long as the new alliances produce commercial revenue and new users ...the market cap is (relative to other tech stocks) remarkably low which means if they deliver then the potential of multi bagging is very much alive for the future....one for the bottom sock draw

[hazl] 09/7/2020 15:50

Look who 'liked' the above...

[hazl] 09/7/2020 14:33

Happy to wait and see myself.

[hazl] 09/7/2020 14:32

Why don't you sell up until things become clearer?

[corrientes] 09/7/2020 11:40

Exactly. My comments remain.

[durkz] 09/7/2020 11:17

It would be nice to get an idea of how much money these new deals are worth.

[hastings] 09/7/2020 08:37

I'd be surprised if we don't see momentum seriously build now.The enforced changes on long established habits should play out well for VRE where it is already signing up with the right people.Remember though, this is a marathon not a sprint.

[corrientes] 09/7/2020 08:26

Hope so, but the proof of the pudding is in the eating, so I look forward to a feast.
PS Never my intention to deceive.

[hazl] 09/7/2020 08:24

Multi year agreement.

[cer1th] 09/7/2020 08:00

Hopefully this is the start of the 'significant growth'...Onwards and upwards ..GLA

[hazl] 09/7/2020 07:42

Indeed.Good news.
Actually my comments were a bit strong yesterday.
Each to their own.

[hastings] 09/7/2020 07:24

Welcome news this morning and hopefully setting a trend.

[jammytass] 09/7/2020 07:04

release

9 July 2020


VR Education Holdings plc
('VR Education' or the 'Group')

ENGAGE signs multi-year enterprise licence agreement with Tokyo Global Gateway

VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, is pleased to announce that the Group has signed a multi-year enterprise licence agreement with Tokyo Global Gateway ('TGG') for use of the Group's proprietary ENGAGE platform, effective from 1 September 2020. The agreement comprises an initial one-off fee for custom work alongside annual software licence fees.

TGG is a large-scale experience-oriented English-education facility, managed and operated by a consortium of five private-sector entities appointed by the Tokyo Metropolitan Board of Education (TBoE). A majority shareholder of TGG is Gakken holdings co., Ltd. which is a leading educational service and content provider in Japan, whose aims are to contribute to educational reform in Japan via innovative solutions.

VR Education's ENGAGE platform is a world leading education, training and communications tool used by educators and enterprise clients to provide remote training, distance learning and, most recently, as a platform to provide global virtual events.

The agreement will see TGG use VR Education's ENGAGE platform to teach Japanese students and corporate clients how to speak English in everyday travel situations - such as arriving at an airport, checking into a hotel or ordering food at a restaurant. The use of VR in a series of set locations, designed to simulate scenarios during a foreign trip, provides students with familiar surroundings as they learn how to speak English fluently. The use of the ENGAGE platform enables TGG to expand its existing facilities digitally and provide more complex locations and situations with relative ease. Global Sky Education, Ltd., a cutting-edge learning design consultancy, will be supporting TGG by taking a role in VR learning development and execution of this landmark project.

Commenting on the agreement, David Whelan, CEO of VR Education, said:

"Tokyo Global Gateway is a leading educational institute in Japan, which has one of the world's best-educated populations with 100% enrolment in compulsory grades and zero illiteracy. We're delighted to be further strengthening our reach in Asia by working with this prestigious institution backed by the Tokyo Metropolitan Board of Education. In light of the COVID-19 crisis and growing pressures on education systems across the globe, this multi-year enterprise agreement, which has been secured in line with management expectations, shows the strong and growing demand for ENGAGE's unique offering in the education, technology and XR space."


Commenting on the agreement, Shoichiro Taniguchi, Chief Development Officer of TOKYO GLOBAL GATEWAY, said:

"We are very pleased to be able to introduce the VR Education ENGAGE platform to Japan. This is the first time for children in Japan to learn through VR. The ENGAGE platform will provide Japanese students with new learning experiences, new surprises, and even greater curiosity. TOKYO GLOBAL GATEWAY was founded by a corporate group which includes the largest educational company in Japan, the "GAKKEN GROUP". We believe that the VR learning experience provides a great opportunity to expand our operations, not only in English learning but in many subjects, and many sales channels."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

- Ends -

[hazl] 08/7/2020 18:41

The above was for year ending December 2019!
So when you think of the year they have had....forgive me for expecting even better
results next time!

[hazl] 08/7/2020 18:39

Well you obviously haven't read any of the above either where income and commercial terms have been prevalent.
No one has asked you to 'fall in love with the share but it is disappointing if people seek to spread misinformation by inference.
I have high hopes for VRE's continued progress or I wouldn't have kept some of my shares

' This is the second set of Financial Statements I am proud to present to shareholders following the successful fundraising and IPO in March 2018.

Revenues in FY-2019 grew by 43% to EUR1.0 million (FY-2018: EUR0.7 million) generating a gross profit margin of 61% and gross profit of EUR622k (FY-2018: EUR476k). '


That is before the recent developments,so I am hoping for even better as VR and home working has come into its own.
VRE has become much more business like and commercially orientated ths year to my mind.

[corrientes] 08/7/2020 17:43

hazl - I'm only saying what might reasonably be construed, and whilst I am invested here, to the best of my knowledge, its profits that count, and the jury will be out until then.

For me, definitely not a techie, I am intrigued by the concept, but I'm not (yet) in love with the share.