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I agree with you Terry but as PI's are always the last to know and the shares price and value of the company has halved since those Dec figures one could argue the bad news is already priced in. Again like I said I don't doubt further share manipulation but the underlying value remains well above Current share price value
I am sure the share may well get manipulated but at the end of the day the NET assets of the company including cash in the bank as of 31st Dec 2022 was worth over £100 million. The company is currently worth at share price value £29 million so we would be a ripe takeover target .
Update sees global markets slightly softer, but no problems and inline with projections.
Directors generally focus on running the business thank god, not appeasing your share price concerns.
Come back in 3 years when it's 80p.
I feel the board need to put a statement out to reassure investors. The company had £10 mill in the bank , no debt, making £5 mil profits a year yet is valued at £27 mill it doesn't add up. If there is a black hole somewhere in the accounts or future revenue then the board are duty bound to share with us. If there is no reason for the drop hen surely the board could look at a share buy back at these prices to offer some stability and reassurance . Why the silence ????
Strange no director buying at this price
Manipulation to go private on the cheap?
When a publicly traded company becomes a privately held company, the public company's shares are purchased at a premium by the investors buying the company. The company is delisted from the stock exchange where its shares formerly traded.
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to more than double over the next couple of years, the future seems bright for XLMedia. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
https://uk.sports.yahoo.com/news/buy-xlmedia-plc-lon-xlm-093036855.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMEbgtP-68Qyz8VcIIYPrn7-iIbAgTkpjvSGUEFizWrG0CEnBsQtgQviuNm5U9ST1j8hrZyXMTEBXDTRd16GlGP7vQ0UsqwfPtMJ8f5oK-Y6v93EUryJ8ThLQS6i0gpYnJ-G15bWb1lMMEZj60pLOC7a8hak8KPVJTKS9HyZaAV9
Very nice find thanks Joe
This chap works for XLMedia
https://twitter.com/RLinnehanXl/status/1658182692821688393
Good to see this end the week with in the green
Book has been much tighter since those large trade prints other day, it feels like it may finally have found the low.
What the hell is a UT for 12 pence, lol
Definitely agree Joe. In fact there have been some chunky buys recently so someone wants in at these cheap prices :)
You could buy at 11.82p so I assume those 670k of trades at 12p must be buys
US partnership with bet365 the worlds largest gambling operator, bigger than flutter and entain. Bet365 are just entering the US market and no doubt they will be pushing for podium spots over next year or so, and that means a lot of registrations which Xlm Will only benefit. As with all affiliates, once a leading player joins the other operators will follow suit. I’d expect both flutter and entain brands to be announced over next quarter!
Terry must be desperate for under 10p for some reason.
I've got 100k shares 18p average , and looking forward to selling in 2-3 years....
Joe, strong RNS this morning should maybe give you some confidence about the future. It's a start , still long way to go ahead, let's see how market reacts. I Would like to see the sale of the PF division announced next.
Agree Terry it's a v challenging time, a lot of catch up to be done, but I honestly believe we are at then start of a new chapter for the company. Patience with this one over the next few years will be very fruitful. I'm confident of that
Agree Terry but this is now a new company with stronger vision and a stronger LT team.
hi joe, there just isn't any positive news at the moment. even small sells will move the sp lower. it's v frustrating. the recent large sell off sell off is an over reaction to the tonka news imo...and then more recently dribbling down as small sellers sell.. i don't think any such bill will ever be passed, and even if some moderating to gambling advertising is done it in my view will just mean more regulatory control and protecting minors etc and language used in advertising- which i think a good thing. i honestly don't believe xlm will be affected longer term so have decided just to hold and check out for a while and not overly worry about it. 2023 may also be a challenging year in terms of growth with only two states opening and having to replicate the big spikes seen last year with big states opening last year. this one is a longer term play with alot patience needed. i do think it will come very good as do believe this is way oversold on fear and i think people getting in now will be rewarded in the future, we need some good news to restore confidence.. i'm in quite heavy on this with nearly 300 thousand shares. this is only my view of course, although a couple of other i trust share the view , and one is holding way more than me. there are couple others that have more negative views, especially on advfn where i used to spend an inordinate amount of time responding to v toxic posts - mostly 1 individual, but i don't pay attention to that anymore as the site has ended up like stocktwits in the us with all sorts of bad behaviour going on and posters wanting kill each other rather than offer support etc... ultimately this is a speculative play. i'm a speculative investor (well for a certain amount of my pf) so can take the hit if this thing goes bust, although would of course be ****ed off- i subscribe to scsw and hold about a dozen of their recomendations. this and reach (which i also think will come back) have been my biggest disapointment with everything else doing well. but in my view highly unlikely this will go bust, could get bought out and we get a cash settlement. i'm expecting however to look at this is a few years and make a decent profit - but then again may not ...as said speculative, anyone not with a speculative risk tolerance should not be in the stock. how heavy are you in on this?
Someone big wants to get in as cheap as possible
I sent an email to XLM at ir@xlmedia.com a few days ago to ask whether they had any comments on why their share price was so low, still waiting for a reply
Crazy how cheap this stock. Cant help but to add more.
One good news will make this go back to 16 easily
Oldboy53
Any thoughts now the sp has dropped another 2p?