EVR Holdings plc (EVRH) To Launch Virtual Reality Music Platform On Christmas Eve

More good news for EVR Holdings plc (LON:EVRH) shareholders

With shares already up more than 200% in 2016, EVRH shareholders couldn’t ask for a better Christmas present as the company shares jumped 25% this Thursday following its announcement that MelodyVR, an EVRH subsidiary, will unveil its virtual realty music platform (a beta version) this Christmas. Former Spotify—a wildly popular music streaming app—executive Nikki Lambert has been hired to run the marketing efforts. The platform will be serving content for which EVRH has already signed a deal with content-giant Warner Music. Initially, the service will be accessible through Samsung Gear VR. Things seem to be lining up for the virtual reality music company, which is currently valued just under £40 million, compare that to Spotify’s nearly $8 billion valuation. But this is just the start for 2015-incorporated EVRH and there is a lot more to building a successful company than having a great idea or product.

Inchcape plc (LON:INCH) goes big in South America

The London-headquartered automotive distributor and retailer saw a strong positive reaction from the market on a big-ticket acquisition (£234 million) to significantly expand its distribution business in South America. Despite today’s bounce, INCH shares are down almost 12% as the company’s EPS growth remained stagnant throughout 2016. Inchcape expects 5% to 10% improvement in earnings through the acquisition and improved operating margins, which have hardly improved over the past three years. The improvement would come from increased scale of its distribution platform in South America with expansion in existing markets of Chile and Peru and entry into Colombia and Argentina.

Domino’s Pizza Group plc’s (LON:DOM) latest move may further boost capital returns

The shareholders of Domino’s Pizza stores operator in the UK, the Republic of Ireland, Switzerland, Liechtenstein and Luxembourg could be anything but worried with DOM shares up more than 45% for the year. Well, if the company’s 57% Return on Capital and 67.4% Return on Equity over the past year wasn’t enough, those metrics may improve further if the company’s recently announced conditional share buyback programme materializes. The final decision will be made by company shareholders; however, the size of proposed-buyback is yet undisclosed.