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Vividthree on potential blockchain, NFT gaming
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AnthonyWoodPeck
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14-Nov-2021 10:57
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Picked the right bottom for Vividthree 59-61.
Timely indeed. Just Friday it ran to 66/67. This week, watch the below for bounce - Zhongxin Fruits ($0.042) - Metal Component ($0.042) - V2Y ($0.047)
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mynameisjeff
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12-Nov-2021 10:54
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Lotsa buy-ups today.... can go 0.074 boh... |
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Joelton
Supreme |
10-Nov-2021 09:58
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Vividthree posts widening losses despite surging revenue
CATALIST-listed virtual reality, visual effects and computer-generated imagery production studio Vividthree saw its net loss widen to S$1.8 million for the six months ended Sep 30, 2021, from S$1.5 million a year ago.
Loss per share widened to 0.54 cents from 0.45 cents from the previous year.
However, its revenue surged 297.5 per cent to S$1.2 million in the same period, from S$299,816 the year before.
This was mainly due to recovery in the company' s post-production segment, while the company' s content production segment did not generate any revenue as some projects were put on hold due to Covid-19 capacity restrictions.
By geographical region of its customers, Vividthree saw its strongest revenue growth from Singapore, with revenue rising to S$1.1 million for the half-year, from S$182,311 a year ago.
The group said that it is cautiously optimistic about its recovery, especially in the post-production segment. Managing director of Vividthree Charles Yeo said that the group is also exploring opportunities in the fast-growing gaming sector to increase future revenue streams as well.
" The group has started preliminary discussions with several parties, including GammaR, to capitalise on trends such as blockchain and non-fungible tokens (NFT) in the gaming sector. (In the) meantime, post-production will continue to be a key revenue contributor to the group," he said.
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ozone2002
Supreme |
10-Nov-2021 09:38
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Vividthree: $ Vividthree: OMK 0% The Catalist-listed virtual reality, visual effects and computer-generated imagery production studio saw heavy trading on Oct 27, after the company said it is exploring opportunities in the gaming sector to increase future revenue streams. Noting that blockchain games have seen a surge in popularity partly due to the Covid-19 pandemic, Vividthree had commenced preliminary discussions with several parties to capitalise on popular trends such as blockchain and NFT in the gaming sector. Separately, in a more recent update on Nov 8, the group reported that its net loss widened to S$1.8 million for the 6 months ended Sep 30, 2021, from S$1.5 million a year ago. This is despite the increase in revenue by 297.5 per cent to S$1.2 million in the same period, from S$299,816 the year before. The group said that it is cautiously optimistic about its recovery, especially in the post-production segment.
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AnthonyWoodPeck
Member |
09-Nov-2021 20:31
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59-61 looks like the bottom.
With crypto at all time high prices and HGH looking strong, This recent crypto counter is lagging too much behind. Watch this one closely, the reversal should be coming, BIG one. Good luck! |
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ozone2002
Supreme |
09-Nov-2021 14:36
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Last:0.063  +0.003BBs so smart collect on the cheap to those who dumped below 6c now up 6.3c NFTs is Huge in potential gd luck dyodd |
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Everyday
Elite |
09-Nov-2021 08:50
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From the Business Times today....
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peterwong321
Veteran |
09-Nov-2021 01:17
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Support
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Everyday
Elite |
08-Nov-2021 21:42
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Vividthree Reports 297.5% Increase in First Half Revenue Post-Production will Continue to be the Key Revenue Contributor to the Group in FY2022 Singapore, 08 November 2021 - Vividthree Holdings Ltd. (SGX: OMK) (&ldquo Vividthree&rdquo , the &ldquo Company&rdquo , or together with its subsidiaries, the &ldquo Group&rdquo ), a diversified entertainment group across the Digital Entertainment chain, today announced its financial results for the half year ended 30 September 2021 (&ldquo 1HFY2022&rdquo ). 1HFY2022 Performance $&rsquo 000 1HFY2022 1HFY2021 Y-o-Y change Revenue 1,191.7 299.8 297.5% Gross profit/ (loss) (574.2) (608.5) -5.6% Gross profit/ (loss) margin (%) -48.2% -203.0% Net (loss)/profit (1,806.1) (1,502.9) 20.2% Check SGX Co announcement today :https://links.sgx.com/FileOpen/VV3_Press%20Release_1HFY2022.ashx?App=Announcement& FileID=689842 Although the Group&rsquo s businesses continued to be affected by the COVID-19 pandemic, it has seen a recovery in the post-production segment. The segment contributed significantly to 1HFY2022&rsquo s revenue growth of 297.5%, from S$0.3 million in 1HFY2021 to S$1.2 million in 1HFY2022. This was partially offset by the content production segment, which did not generate any revenue in 1HFY2022, as some projects are put on hold due to COVID-19 capacity restrictions. With the rise in revenue, the Group narrowed its gross loss by 5.6% y-o-y to S$0.6 million. Other income decreased by S$0.2 million from the previous corresponding period, mainly due to lower grants received in relation to the COVID-19 support funds from Singapore government. This Vividthree Holdings Ltd. (Company Registration Number: 201811828R) 2 was partially offset by other gains on unrealised foreign exchange of S$0.2 million. Together with a rise in administrative expenses as the Group restored staff salary following a group-wide salary reduction, the Group recorded a net loss of S$1.8 million in 1HFY2022. Despite the loss, the Group generated positive operating cash flow of S$0.1 million in 1HFY2022. Commenting on the Group&rsquo s 1HFY2022 results, Managing Director of Vividthree, Mr Charles Yeo said, &ldquo The last 2 years have been one of the most challenging periods for most businesses around the world, including Vividthree. We are observing green shoots of recovery which appear that little longer and greener as the local authority of various countries relaxes the COVID-19 restrictions.&rdquo Business Outlook The Group is cautiously optimistic about its recovery especially in the post-production segment and is also exploring opportunities such as the gaming sector. Managing Director of Vividthree, Mr Charles Yeo said, &ldquo We&rsquo re tracking the situation and maintaining close communications with clients, taking a slow and measured approach to crystallising our pipeline of projects as swiftly as the condition permits. We&rsquo ve recently announced that as part of the long-term strategy to build up our library of intellectual properties (IPs), we are exploring opportunities in the fast-growing gaming sector to increase future revenue streams. The Group has started preliminary discussions with several parties, including GammaR, to capitalise on trends such as blockchain and NonFungible Tokens (NFT) in the gaming sector. Meantime, Post-Production will continue to be a key revenue contributor to the Group.&rdquo In Singapore, the COVID-19 situation has also stabilised, with vaccination program continuing to make good progress. Approximately 84% 1 of Singapore&rsquo s population has completed their full regimen/ received two doses of COVID-19 vaccines, and the Singapore government has estimated it will take between three to six months to get to a &ldquo new normal&rdquo of living with COVID-19 |
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superstartup
Elite |
05-Nov-2021 13:43
Yells: "Enjoy doing Fundamental Research" |
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Today both Bids and Asks have good volume. Looks good.
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fighting
Master |
05-Nov-2021 13:24
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Next week
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superstartup
Elite |
05-Nov-2021 12:12
Yells: "Enjoy doing Fundamental Research" |
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Few days at this price liao. Still no actions? | ||||
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superstartup
Elite |
02-Nov-2021 10:02
Yells: "Enjoy doing Fundamental Research" |
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Bought a bit here again. |
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slingshotpro
Senior |
30-Oct-2021 19:59
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https://medium.com/coinmonks/singapore-nft-marketplace-that-performs-incredibly-well-in-2021-c451be20f89e
NFT marketplaces are quickly rising to prominence in 2021 and NFTs are becoming the new asset class to care about in the crypto space. NFT marketplaces, simply put, provide a marketplace for the buying, selling, and trading of NFT tokens. Cryptocurrency and NFTs are the new ?in-things? to invest in. They are discrete, have low transaction fees, are accessible, and provide user autonomy. NFTs or Non-Fungible Tokens are unique non-replaceable items. Most NFTs are digital but some of them contain physical aspects. If you?re wondering where you can buy NFTs in Singapore, you?re at the right place |
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slingshotpro
Senior |
30-Oct-2021 19:53
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https://finance.yahoo.com/news/10-best-nft-stocks-buy-142001419.html
Non-fungible token (NFT) sales jumped to more than $2.5 billion in the first six months of 2021, according to digital analytics firm DappRadar. The figure reveals the explosion in popularity for the digital tokens this year, evidenced by the fact that NFT sales in 2020, per DappRadar calculations, stood at just $94 million. Investors eager to explore this new market should keep an eye on famous NFT stocks like Twitter, Inc. (NYSE: TWTR), Cloudflare, Inc. (NYSE: NET), and Mattel, Inc. (NASDAQ: MAT), among others. These firms have helped make NFTs more popular. Twitter, Inc. (NYSE: TWTR) chief Jack Dorsey earlier this year sold his first tweet via NFT for nearly $3 million. Cloudflare, Inc. (NYSE: NET) has helped improve trust in digital tokens by the marketing of the new technology to enterprise clients through the products it offers. Even celebrities like Katy Perry and Jay-Z have climbed aboard the NFT train recently. In June, Perry announced the launch of a fan NFT, just days after Jay-Z revealed plans to do the same on the anniversary of his first album release. An NFT is essentially a unit of data stored on a digital ledger. This ledger certifies that a digital asset is unique. It is used in entertainment, gaming, and artistic contexts. According to OpenSea, an NFT marketplace, monthly sales volumes for NFTs reached a record high in June, totaling $160 million. The market for NFTs seems skewed in favor of buyers. NonFungible.com, a website that tracks NFT transactions, claims that since March, when the NFT craze was at a record high, monthly buyers of NFTs have totaled up to 20,000 per week, outnumbering sellers |
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slingshotpro
Senior |
30-Oct-2021 19:49
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https://www.ledgerinsights.com/disney-to-launch-nft-digital-collectibles-with-veve/
Today the token market capitalization is $1.24 billion, according to Coingecko. NFT is a big market |
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slingshotpro
Senior |
30-Oct-2021 19:46
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What are NFTs and why are some worth millions?
NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other piece of property, but which have no tangible form of their own. The digital tokens can be thought of as certificates of ownership for virtual or physical assets. How do NFTs work? Traditional works of art such as paintings are valuable precisely because they are one of a kind. But digital files can be easily and endlessly duplicated. With NFTs, artwork can be "tokenised" to create a digital certificate of ownership that can be bought and sold. As with crypto-currency, a record of who owns what is stored on a shared ledger known as the blockchain. The records cannot be forged because the ledger is maintained by thousands of computers around the world. NFTs can also contain smart contracts that may give the artist, for example, a cut of any future sale of the token. How much are NFTs worth? In theory, anybody can tokenise their work to sell as an NFT but interest has been fuelled by recent headlines of multi-million-dollar sales. On 19 February, an animated Gif of Nyan Cat - a 2011 meme of a flying pop-tart cat - sold for more than $500,000 (£365,000). A few weeks later, musician Grimes sold some of her digital art for more than $6m. It is not just art that is tokenised and sold. Twitter's founder Jack Dorsey has promoted an NFT of the first-ever tweet, with bids hitting $2.5m. |
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slingshotpro
Senior |
30-Oct-2021 19:36
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Vividthree said it has begun preliminary discussions with several parties, including GammaR, to capitalise on popular trends in the gaming sector such as blockchain and non-fungible tokens (NFTs)
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