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Exactly what I’ve been saying! Glad to see that someone else here has the same thoughts on this
Good note re: share dilution. I had a quick look and Jun 17 shares were approx 20p with market cap of 43 mil.
We currently have 3.7p with market cap of 28 mil, so I make it that approx 6p will bring about that 43mil cap.
It's silly to chat share prices without working out what it means for the value of the company as a whole, but I do think this is going to be a big year for Gfinity with John Clarke at the helm, strong focus on cutting costs, new partnerships announced with details to follow (including the 5 year ADMM partnership) and the mad exposure the esport market is getting. That doesn't necessarily mean it'll be a successful year - they've got to walk the walk but the early signs are very positive.
Given JW's Gfinity videos have 2.5k views in total I'm not sure he realistically has the power to double the share price in a week, given all he does is round up news and then just share his cash flow estimates (though what do I know.)
With him out the question I'd be super interested to know why people think the company's current value is unfounded and what you believe it should be.
Dibs61 the share price has been diluted over the years but John Clark has changed the company strategy. Have you seen the cost cutting he has done from this years RNS statements?
Has everyone missed the new partnership with amazon?
“ The Company has also bolstered its affiliate network and its partners now include Amazon, Rakuten, Awin and Impact.”
Does everyone know that Amazon are building a platform to rival Google Stadia?
People are missing the links here.
Ah yes Share Talk..... thx
Justin Waite - quick google/youtube search will make things very clear to the effect hes sparked
Forgive my ignorance Blackrolie00 but who is 'JW'?
DING DING DING!
Someones got their thinking cap on now !
Rufman - I do largely agree with you on the bull case. However you cannot compare the SP now to the SP 2 or 3 years ago. There has been substantial dilution in that time and so the SP=MC is not comparable over that time. You have to bear that in mind. That all said things looking more promising. Perhaps a little surprised that revenue from digital media over the next year only expected to be £2m. Are they being conservative or is it just from a standing start?
SP has now broken 1 month, 6 month & YTD resistance
I think this is less fomo & more rerate / recognition that undercurrent ceo & in current e-sports market this is wildly undervalued.
1 year barrier is the next to go then SP is untethered & could go anywhere (is x10, x15 really unreasonable from 2p? Doesn't even get close to peak SP when revenue never mind profit was in the mud)
Lol check this board when I was buyer earlier this year :-) .3p in March was a good price if you could get them. Those buys took my average down a little.
Let me know when you buy in....
That 300% shouldn't mean anything to you surely in the grand scheme...aren't you holding until millionaire status like the rest of the board??
*be
Anytime, will you being buying in a 4p on Monday?
I’ll be up 300% by then ;-)
Thanks for telling me about what I haven’t done :-)) and also thanks for your valuation forecast based on the industry they’re operating in :—)))
Cheers!
Blackrolie00 you have done zero research on this company if you believe this is not a sustainable business. I suggest you look at the cost cutting John Clark has done since becoming CEO. They are on course to being profitable by Q1 2021. Once that happens Gfin will be closer to a £100 million market cap for starters. E-sports is booming across the world, especially in the Middle East where Gfin have just signed a partnership. Big money will be involved.
Nice 2 x 1 million delayed buys from yesterday :-)
Gfin will be a £50 million market cap very soon, expect more contracts. Only pull back will be full years results in October, I expect Gfin to be in the 8p range by that point. There will be forward statement with that RNS and it will be only good news going forward. Revenue is already there for the company.
Bad management are to blame for Gfin cash burning in previous years. John Clark has changed that, he has already delivered and will continue to do so.
Do some research :-)
Been following gfin for years this recent spark of interest is thanks to JW the hype is giving this a run for now.Overall the company is not at a level to be a sustainable business...esports,gaming etc is a huge place of course doesn't any small cap that are dealing in it guarantees any form of success
P&D this most certainly is not. Check out the SP chart. GFIN due to the nature of their business is well placed to thrive during a continuation of the pandemic. They are in a huge growth sector.
The issue historically has been their cost base which has not been managed well. The new(ish) CEO is much more focused in the area of cost reduction and becoming profitable as well as going for their top growth areas. The worm could be turning.
This looks more like the start of a rerating to me.
Haha muppet alert! Pump and dump you are clueless!
JW effect just a pump and dump
My average is 6p with this one - I'm justing for a whale like Disney to swallow it up for 50p
Been here since the 20p days never much chatter but always look in. Im way down but why the mini rally witch I'm loving by the way