Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Big trade reported after hours. Makes you wonder why the sudden interest today after all these months of being ignored.
13-Jan-22 08:20:46 35.50 430,125 Unknown* 34.70 35.70 152.69k
TT better than TP Group then!
This share has stayed steady around 31-33 for a while now, it will rise upwards in anticipation of the end of years result to around 38-40 . When the results come out ( based on all the info and contracts that been placed ) will be an increase in earnings , I believe it will hit the 52 mark mention at that time . Only for it to drop back down to mid 30’s due to lack of promotion of the company to the outside world by the company. I will be selling my share at the year end results ,
I think the sp will start to move up as revenue increases. Our MC is some £100k now. I'm not blowing my own trumpet but since Oct '17 and April '20 I've bought in some 15 times - my best was 4.79p less than 3 years ago in March '19 . My average was about 7p. I've made 3 sales last year and got back all my cash plus £11K in profit and still hold about £33K.
This is definitely my star holding and it was purely a matter of timing and luck. If the options keep the focus on the sp then all to the good. It may be that some of them are under a save as you earn scheme - if they're still around?
As always time will tell.
oreviou n ish
It was me buying another 50,000 pounds worth, we will get a rise until the figures come out in feb , and then it will drop again like it has done over the last few years , due to no rns from them .
Yes, Pironi
That, Sam, you took a hit and left? Odd that the share price is considerably higher today, than it has been in the last 4 weeks or so.
Hopefully a positive trading update coming.Rumblings of other US states opening up to online gambling and recent reporting figures in the US have seen strong revenue growth amongst the big operators.I will be curious to know how these recent European partnerships are doing when the update comes.
I wonder whether this was a true and honest statement of yours?
What’s goin on then
Have taken the hit and sold. Disgusted quite frankly. Good luck to those who stay
I personally not very happy about this, the only positive I see they may be doing this to keep staff in place until a buyout. I wish I could produce money out of thin air! Well at the expense of existing shareholders.
Did not know that. Deeply unimpressed…… and am out as soon as I get bear my original purchase price. Disappointed but not putting up with such blatant greed
Presumably these latest ones are in addition to the other outstanding options for 2022, 2023 and 2024 that have not vested yet? For example...
Share options statement from 2020 interims:
On 1 May 2020, certain employees of the Group were granted a total of 6,650,000 share options, which vest in three equal tranches on 3 February 2021, 3 February 2022 and 3 February 2023. The options have an exercise price of 10 pence per share.
On 2 June 2020, the two Executive Directors of the Group were each granted 3,000,000 share options, which vest in three equal tranches on 3 February 2021, 3 February 2022 and 3 February 2023. The vesting of each tranche is subject to delivery of adjusted EBITDA targets for the financial years ending 31 December 2020, 2021 and 2022. The options have an exercise price of 10 pence per share.
Share options statement from 2021 interims:
On 5 January 2021, certain employees of the Group were granted a total of 350,000 share options, which vest in three equal tranches on 1 January 2022, 1 January 2023 and 1 January 2024. The options have an exercise price of 22.4 pence per share.
Very disappointing. Fingers in the till
Well that really challenges them to improve the share price. What a joke !
I would be disappointed with a sale in 2022. We have guaranteed growth this year with all of last years deals starting to drop to revenue. We grow revenue by releasing more games and signing more distribution deals. This gives us a relatively stable cost base and pretty much guarantees improved margin as revenue grows.
Looking across the homepages for all the major gambling companies covering the UK/IRL, European and Scandinavian markets, slingo is becoming more and more prominent showing the gambling companies are backing it. Blueprint, one of the major slots providers, even tried copying the format with 'Prize Lines' which hasn't really landed. If imitation is the greatest form of flattery then that's high praise indeed.
As far as I'm concerned the new business model has been proven but a couple of years of backing that up with profits while the American market matures and I think we could sell for multiples of today's price. I think the market is still pricing us as a regular slots company, without pricing in the uniqueness and popularity of the slingo format.
Bit of volume in US today. 39000 shares traded on the OTC at equivalent of about 34p. Still only about £13k but usually no volume to speak of so it stands out. Let's see if the increased activity continues.
Yes and Scientific Games owns Ballys and Ballys owns Gamesys and not only did they supply a £3.5m convertible loan to GMR, Gamesys also has a service agreement with GMR which is currently locked into favourable terms for them for another 6 years when it will have to be renegotiated, on presumably less favourable terms, unless of course they buy GMR in the meantime.
Buy out or not, 2022 has got to be the year GMR's true potential is finally realised with full year Italy/NJ/Penn/Mich under its belt and hopefully Canada coming online soon too. Potential suitors will know this is about to start churning out good profits and is only going to get more expensive to buy out the longer they leave it.
What we really want is more than one suitor to show an interest, then things could get very interesting.
Good luck all for 2022!
A takeover at a significant premium sounds likely given the other M&A activity in the sector. As pironi says, seems like this year something is likely
I read on a Telegram group today that there was a takeover rumour by a large US operator. Who knows, we were nearly 5% up at one point today and I did think no smoke without fire.
Saw Slingo mentioned on a betting advert, on mainland UK TV, recently
Would make a lot of sense. I thought that would happen in 2021 though too.
So here is my prediction for 2022.Assuming the revenue keeps building,then I think it's inevitable we will get taken over.We owe 3 million or so for a convertible loan due end of 2022 to Gamesys so would make sense for them to buy us or Scientific Games who are on an acquisition splurge.Anywhere between 60p and 70p.Could be totally wrong of course.
Thanks Pironi. As they say, you've got to be in it to win it. Our time must surely come?
"The digital gaming market in Italy is forecast to be worth around £3.6bn by 2024"
Have a great xmas and a VERY prosperous 2022 to all GMR holders!
https://www.thisismoney.co.uk/money/markets/article-10339139/amp/Flutter-buy-Italian-gambling-operator-Sisal-1-6bn.html