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?

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?

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

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?...

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

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?...

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

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...

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?...

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?

Immotion (#IMMO) – “2020 has clearly been a tough year for the company”, cash of “circa £1.9m”

Immotion – trading update, fundraising ‘mainly’ for new product expansion?

Previously writing on “immersive entertainment group” Immotion (IMMO), at the start of September with the shares at 4.65p I concluded with still a winning formula very much to be proven, I currently continue to avoid. Today “Trading Update, Proposed Placing & Subscription”...

Immotion – AGM trading update, how’s progress with the previously argued “winning formula”?

Virtual reality experiences group Immotion (IMMO) is “pleased to report that since our last update on July 29th 2020, trading has continued to be encouraging across the sites that have operated during the summer period”. The shares are though a bit lower, to 4.65p...

Immotion – trading update, how’s the previously argued “winning formula” looking?

Previously writing on ‘provider of 'Out of Home' virtual reality experiences’ Immotion Group (IMMO), I concluded in September I suggest “a winning formula” is still very much to be proven here – and currently continue to avoid. That was with the shares at 6.75p. They are currently at 2.725p… but that represents a more than 40% rise on the day following a “pleased to report” trading update...

Immotion (#IMMO) – manufacturing plant in China now back at work, “recent weekly trading patterns are in line with our expectations”

Immotion (#IMMO) – proposed £2.85m placing at 7.25p per share

Immotion (#IMMO) – argues “increasing momentum of interest… and uptake”, though expects current FY revenue “towards the lower end of expectations”

Immotion – “pleased to announce agreements for three further installs” & interims argue “a winning formula”, but…

“Immotion Group PLC (AIM: IMMO.L), the provider of 'Out of Home' virtual reality experiences, is pleased to announce its interim results for the six months to 30 June 2019” and also “agreements for three further installs in its fast growing Aquarium sector”. However, a current 6.75p share price compares to a 10p IPO little more than a year ago…

Immotion – from July 2018 IPO “to become a leading participant in the 'Out of Home' VR experience market” to July 2019…

Immotion (IMMO) has announced “following the success of its recent VR installations into a range of high quality partners, that it has decided to focus its strategy predominantly on the roll out of its Partnership Model into high footfall locations. The visibility of higher margins and recurring revenues delivered from this model is, the directors believe, the best strategy for the group and its shareholders. To support this strategy, the company is carrying out a fundraising”…

Immotion (#IMMO) – proposed up to £2.5m placing at 6.75p per share, a 14% discount