Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Highlights from the update today:
· Revenue in line with expectations for FY2022, with adjusted EBITDA broadly in line ( H1 was 54% increase in revenue, 33% increase in operating profit, and 25% increase in EBITDA from 2021 )
· Eight new titles released in H2 2022, plus Hello Neighbor animated series debut
· Potion Craft passed 1,000,000 downloads, ahead of PS and Switch launch
. Record Q4 sales
. Still $25m cash, $35 unused revolving credit facility and no debt
I also admire their extraordinary efforts to protect and look after their staff near the war zone, and yes, this comes at a price.
Why are people selling at £0.80p ?? I know it's a thin market and tech orientated companies are out of favour but this to me is undervalued, but there again I thought this at £1.50 . No doubt the Ukraine/Russia war is a risk to the share that people simply don't like.
You might have heard that Tinybuild and Mr Beast ( a Youtube content provider with 129 million followers ) will be collaborating to promote Tinybuld games. This has a huge potential of boosting revenues.
The following article also appeared yesterday:
https://www.cnbc.com/2023/01/25/shares-of-game-developer-tinybuild-could-soar-by-over-200percent-analysts.html
What is going on the price just keeps falling. Investors chronicle rates it as a buy a couple weeks ago as well.
It will rerate. Its comparable in so many ways this stock to TM17. But TM17 sitting on a PE of 18. This is on 10. At some point it will seriously rerate as its ridiculously valued far to low by the market. BULL points:- Founder/owner with the company, growing IP, cash in the bank, ROCE at 16%, 30% margin, 7 brokers saying BUY, None say hold or sell, no debt. BEAR Points:- Hello Neighbour 2 could have been better, big increase in staff overhead, tech stocks out of favour although rallying..... but all in all this is still way undervalued. People say as its a recession'esque period people won't want to buy games as they are tightening their belts. I disagree. Most of their catalogue of Indie games are affordable to even low income families..... my 2 cents.
Pdiddy.....agree with most points aside from it being similar in quality to team17...incredible thing is (and people correct me if im wrong) i see this as such a potentially more bagger of a play than team17. That being driven by them owning all their own IP....Team17 doesn't do this do they, they just develop?
Aside from that TB looks far better from what I can see in terms of financial performance and balance sheet strength. One of the most odd discrepancies in the market right now, TB vs team17...I don't get it.
OK so I've had a closer look, they are both so similar in terms of operating margin, cash at hand, no debt, TM17 does own alot of IP and Debbie Bestwick the founder at the helm. 12 brokers covering TM17, 6 BUY, 5 STRONG BUY, 1 HOLD. Main difference between the 2 is ROCE...... 16% for TBLD vs 10% TM17..... So a win for TBLD on this front. I believe it to be similar IP ownership between the 2 companies, TM17 has all of the IP of the Worms franchise as well as that of the smaller houses they gobbled up.
This share price is completely unjustified. I am confident, though, that it will not be tiny for long!
Hope so. Just sell sell sell every day though. I’ve put some in as can’t see any reason for the mass selling but fingers crossed
apologies pdiddy....I must be mistaken on the IP front for T17...thought they were just developers. even still...valuation disparity is completely unjustified!
I think TBLD's games will be more resistant in any consumer downturn. They're indie, cheaper and generally seem better suited to a younger audience who don't pay the energy bills etc. (if anything their disposable income is going up with salary increases.)
I share the disappointment re: Hello Neighbour 2 - largely because the CEO mentions the game in every bloody interview he does (wouldn't have mattered so much if he didn't do that.) It's good to see they're listening to feedback and developing the game further (check out latest posts on Steam News). Unfortunately though the real opportunity is with the launch. Those bad reviews will hang around online forever when someone is looking for a new game to buy.
Regardless, completely agree with others, great fundamentals and the share is now undervalued. I'm not entirely convinced by the CEO now given the poor release of Hello Neighbour 2. He's clearly still learning.
https://store.steampowered.com/news/app/1321680
Proper hammer chart signal on Friday and yesterday a small percentage gain. So as the hammer indicated on Friday the share price may now better