views

Immotion – “pleased to announce” disposal agreement and shareholder return. How pleased should it be?

Immotion Group (IMMO) states that it is “is pleased to announce it has entered into a conditional sale and purchase agreement, for the sale of its Location Based Entertainment business… for an enterprise value of $25,211,739 on a cash free/debt free basis. In addition, the company is pleased to announce that it has completed the disposal of Uvisan Limited for cash consideration of £100,000”. So what of a share price response currently up from 2.2p to 3.65p?

views

Immotion – pre-close trading update, again just how “strong” is the trading?

Previously writing on ‘immersive entertainment’ group Immotion (IMMO), in June with the shares at 3.7p I questioned just how “strong” is the trading?. Does now a “Pre-Close Trading Update” help?

NEWSFLOW

Immotion (#IMMO) – notes H1 revenue growth and “very strong trading”, no bottom-line detail though

views

Immotion – AGM update, just how “strong” is the trading?...

Previously writing on ‘immersive entertainment’ group Immotion (IMMO), with the shares rising above 6p in August last year I concluded that financial factors had seen me remain cautious and that with the market cap above £25 million I continued to avoid. So what of today a “pleased to provide” AGM trading update... and the shares at 3.7p?...

NEWSFLOW

Immotion (#IMMO) – capacity expansions and “trading update”, but profit?

views

Immotion Group – “another record month”, is it of growth interest?

Self-styled “immersive entertainment company” Immotion Group (IMMO) has made a trading update including “July being yet another record month. Unaudited group revenue was £1m, with unaudited EBITDA at circa £200k” – and the shares have currently responded higher to above 6p. Are they of growth interest?...

NEWSFLOW

Immotion (#IMMO) – “confident” following trading after relaxation of various restrictions

views

Immotion Group – “pleased to announce” subscription agreement. I wonder why...

Immotion Group (IMMO) “is pleased to announce” a subscription agreement at a price which “represents a premium of 15 per cent to the closing mid-market price on 25 March 2021”. Sounds encouraging...

views

Immotion Group – “pleased to announce” new contract, so why the 9%+ share price fall?...

Immotion Group (IMMO) “is pleased to announce it has signed a contract to provide a new Undersea Explorer VR Theatre”. The shares have currently responded to 4.85p... more than 9% lower! So what’s the story?...

views

Immotion – trading update, is the recent fundraise ‘mainly’ for new product expansion?...

A trading update from Immotion (IMMO) commencing that this “immersive entertainment group, is pleased to update the market on current trading”  sees the shares 20% higher, above 4p. So what’s the detail?