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Agree Truro, I cannot see how the interims will not be ahead of expectations on the 20th, due to the number of new operator agreements we have seen. I don’t think it is inconceivable that the SP could be back up around the 45p mark again by the end of Sept.
Some 2 years or so ago we spent some 3 years in the 10 p level. It's just a question of revenue growth as there was an article or two about online gabling being curtailed due to world wide rescission.
Don't see that as to much of a problem for us as we are constantly adding new areas. So good figures for next year and growth for the current half should push the SP up.
Someone disappointed at the results and the fact no reach around offered.
Slow news day and some profit taking after the recent increase perhaps? The frustrating thing about this share is it never really breaks out of this 20p-30p malaise even after all this time
What happened to the share price today???!
Agreed. That article shared by Epucsurf is interesting and shows GMR must be getting recognised by some of the bigger US players. We must look like a bargain to those guys at this price surely
Could be a busy day today as well. Some reasonably chunky buys so far. This feels like a sustainable rise bearing in mind the visibility of our increasing revenue stream. I can't really find a downside with GMR. I'm still wondering about how the issue of a divi will be broken - will it be hinted at in the interims?
SOME ONE IS LOADING UP
https://casinobeats.com/2022/08/18/gaming-realms-eilers-fantini-august/
Design Works Gaming has maintained its momentum across both the overall and new games ranks in August’s Eilers-Fantini Online Game Performance Report, while Gaming Realms made waves to charge to top spot in the latter.
Defo worth a read
Hmm, something maybe going on, not saying there is but DARK did similar last week. Oh well happy to hold, shame I added to Eqls in stead of here last week, and it was a toss of a coin decision. As I said, I went with Eqls because of the results date.
Some big buys in the last hour. I could see GMR ticking up to around 40p pre interims on the 20th Sept.
Is this something market makers do? I’ve heard people say they do odd things like this but don’t know much myself or if it was why thymes would be doing it
.... and all with the same trade ID.
.... and again today. Anyone have any sensible idea as to why?
Weird there are so many really small trades today
Totally agree Truro. Also the beauty with GMR for me is that as more and more licensing agreements open up, the cost base will only see small increases unlike most other companies where an increase in cost is normally proportionate to increases in revenue.
Yes, I guess perhaps some notice of intention in the full year, with some sort of caveat re revenue , is the best we can hope for but reality says 1st half next year.
The only reason I brought it up is the transparency of our revenue growth. This is the first 'start-up company' I've had with such a visible and predictable revenue growth. Just enjoy the ride I guess.
I am surprised we didn’t see another uptick today in SP, as good volume and level of buys?
Hi Truro, no I was saying I would love a div to be announced on the 20th but I think it is premature unfortunately.
Hi euan60 Don't remember a Divi! Are you sure?
As a holder for 8 years a dividend definitely doesn’t feel premature but I see your point Euan. If they don’t announce one at the interims it will be disappointing given where the business is now.
I think the martlet likes Flutters 51% growth in the US with huge further potential through Fandual. 888 only now entering the US in Michigan and Virgina, so a bit behind others, although as everyone knows it is a huge market, so won’t take long to get some traction. You never know they might enter into a license agreement with GMR!!
Sod’s law this morning I had some cash, and thought should put it here or Eqls. Went with Eqls as the results are on the 7th, (before GMR) . Oh well another day on the market ! Maybe Flutter results had an impact, I know 888 took a bashing today.
I think we are probably a year away from a div announcement, assuming GMR has not been out. Would love to be wrong though and a div was included in the 20th’s interims, just think it is slightly premature.
The fact that we were covering our cost base anyway during the last year means improved profits this year. Anybody got predictions about divvy's being announced?
A delayed reaction might be a slight mention in the 1st half of next year and and an actual one announced on full year '23? or even, dare to dream, a divvy announced this year!