Vr Education Share Discussion Threads

[hazl] 07/4/2021 14:43

I trust people have seen this posted recently?

[hazl] 07/4/2021 13:12

I have been in them a long time dubois .
I too sold some at a profit a while back.

But I felt uncomfortable being out for long because they have always looked quality.
And that was despite the delays in VR take up en masse....for many reasons already discussed.

Good luck with your investment.

[dubois] 07/4/2021 12:40

hazl, I think from memory you have been in these for a fair while. I was in at around 9p and sold out on the double at around 18p. They are so much further down the road now, that I think at this price they are a better bet than when they were 9p

[hazl] 07/4/2021 11:01

They went for quality first and the education sphere was their focus.

Then they realised I think, that they had to get more commercial at a time when HTC had their all important conference and the challenge of implementation, at a time of the virus.

Since then the rest is history.


They proved themselves with their impressive videos, NASA and the world woke up and then partnered with people like Victory XR,at the other end of the scale, producing entertainment, alongside education.
I had a good look at Victory XR,at one point....the research is here....and they are a great mix for VRE.

IMO

[hazl] 07/4/2021 10:14

Arcadian did you listen to the podcast posted yesterday?

They have clients and supporters from extremely geographically, different positions....the US and HTC ....a substantial holder.... in the Far East.


They are not insubstantial entities!

[dubois] 07/4/2021 10:02

Arcadian, that is the very reason I have bought back in. VRE's quality if far superior to anyone else's. It is in a different league. Yes, I do believe it will be bought out

[arcadian] 07/4/2021 09:59

A crowded market with well established providers.

Do holders think that this has unique features to allow VR to muscle in and take market share from Zoom and Teams etc? The boss thinks it has but time will tell. Could be bought out I suppose at this early stage.

[dubois] 07/4/2021 09:48

Been out of these for quite a while now. Returned today with a decent chunk.
Looks like I've timed it well as they have the momentum with the sales now.

[hazl] 07/4/2021 09:11

And another UT trade!

[hazl] 07/4/2021 09:08

Now we have the US I imagine the rest will easily follow.

David Whelan, CEO, VRE, said: "ENGAGE usage continues to grow as more and more organisations worldwide see the benefits of the kind of immersive experience that ENGAGE offers versus traditional video-based communications tools such as Zoom and MS Teams. We are focused on building on the ENGAGE client, user and revenue momentum we generated in 2020. Over the coming year, we will be targeting enterprise and institutional clients in our key geographies of Europe, Asia and North America and grow ENGAGE usage."

[hazl] 07/4/2021 09:04

Gained clients include the US State Department no less!


' Since the beginning of the year, 28 new enterprise and institutional customers have contracted to use ENGAGE in 2021, including the US State Department and a leading global database platform provider MongoDB . New clients are using ENGAGE for a variety of purposes, including business collaboration, training, and events. '

[hazl] 07/4/2021 08:48

Thanks avesome.
I was not able to ENGAGE initially this morning!

[hazl] 07/4/2021 08:47

Mattchan it was the UT trade that caused that, I believe,
and made me feel pretty sure that it would open up first thing.

[w1lbur01] 07/4/2021 08:04

Hopefully that's the kick start we need

[avsome1968] 07/4/2021 07:52

NS Number : 5757U

VR Education Holdings PLC

07 April 2021

7 April 2021

VR Education Holdings PLC

("VRE" or the "Group")

ENGAGE has continued to gain strong traction in Q1 2021

VR Education (AIM: VRE; Euronext Growth: 6VR), a virtual reality ('VR') technology company, is pleased to announce that its proprietary software platform ENGAGE has continued to gain strong traction with customers and partners in the first quarter of 2021.

VRE is focused on becoming a leading global provider of virtual communications solutions through ENGAGE and its three solutions: Virtual Campus, Virtual Office, and Virtual Events.

-- Unaudited ENGAGE revenue for the first three months of 2021 is up 138% quarter on quarter to EUR0.4 million (equivalent to two-thirds of ENGAGE FY2020 revenue of EUR0.6 million)

-- Since the beginning of the year, 28 new enterprise and institutional customers have contracted to use ENGAGE in 2021, including the US State Department and a leading global database platform provider MongoDB . New clients are using ENGAGE for a variety of purposes, including business collaboration, training, and events.

-- Partnership agreed in 2020 with VictoryXR, a leading VR and AR education provider, is growing the ENGAGE user base with students from Morehouse College in the US, the alma mater of Martin Luther King Jr, commencing three virtual classes for remote students.

-- The Group is benefitting from increased investment in the ENGAGE sales organisation. Business development now has seven dedicated personnel to target growing global ENGAGE use, including in Asia, with substantial progress on plans to resource market development activities in North America.

-- Incorporating Showcase revenue, total unaudited Group revenue in the first quarter of 2021 is approximately EUR0.6 million.
David Whelan, CEO, VRE, said: "ENGAGE usage continues to grow as more and more organisations worldwide see the benefits of the kind of immersive experience that ENGAGE offers versus traditional video-based communications tools such as Zoom and MS Teams. We are focused on building on the ENGAGE client, user and revenue momentum we generated in 2020. Over the coming year, we will be targeting enterprise and institutional clients in our key geographies of Europe, Asia and North America and grow ENGAGE usage."

[mattcharman] 06/4/2021 19:49

Must have been a fairly large sell for that sudden drop at the end of the day, I can't see it though?

[hazl] 06/4/2021 19:12

IoT and AR/VR are key themes in technology deals

Powered by




'Technology industry deals recorded by GlobalData are up year-on-year (YoY) in all regions except North America.


Asia-Pacific is leading in terms of deal volume with a 22% growth YoY in the number of deals recorded. Europe shows a 12% growth in the number of deals recorded, while South and Central America and Middle East and Africe only recorded slow growth at 4% and 1% YoY, respectively.


North America is lagging behind, with a 6% drop in deal volume recorded YoY, but is the leading region in terms of deal value.'

From Verdict Magazine.

[hazl] 06/4/2021 19:01

Thanks to old tramp.

[hazl] 06/4/2021 18:57

I enjoyed that worth a listen in my opinion.

Post 2310

[hazl] 06/4/2021 14:07

Haven't listened myself yet.

[hazl] 02/4/2021 13:51

The first part of the post remains relevant however.