Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. 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.
Is this company, similar to GMR ?
Agree with that Bergo
C£10m Expected full year EBITDA minimum + £5m cash net deferred payments, new rev share deals which will be meaningful plus better positioned with focused business in US.
Yet, market cap is £25m.
I’m happy holding :-)
Those are v strong numbers thanks Joe
Nationwide commercial gaming revenue reached $5.49B in May, marking the industry’s 27th straight month of YoY revenue growth. Through May, industry revenue is pacing 12.4% ahead of 2022.
Mind you, could be getting into shape for a sale...
I'd rather wait personally, as think it's worth about 38p as it stands.
68p pre covid, 68p post covid high, that's the magic number I've got dialed in...
Investors will) be hunting for stocks like this soon, then the momentum traders will jump in.
I've got an average of 18p, and very happy with that.
100% agree with ALL that Bergo
Think people are missing something here. $4m for 8% of European business. That puts $50m price on European business alone. You get the full US BIZ and growth story for free.
And Bet365 as expected are taking share rapidly but at an expense. They have amast 8% share the US market already - that’s huge but not unexpected - their product is world #1 in the sector! That growth will mean $$$ for affiliates, some of which will be part of the XL biz for sure!!
I think it's just a few wanting to make a quick buck who bought recently, short term holders. This is still terrific news for the future of this company.
That was brief! I guess a lot of people are desperate to unload here...
This is very very good news indeed
Someone on twitter agrees Peaky -
monthly chart is giving me 2020 vibes where it 5x in a year. Now restructured and firmly positioned to capture growing US gambling market. Ridiculous PEG coupled with strong cash generation prospects
https://twitter.com/bergo221/status/1677335689287933956
At least we know why volume has been increasing. 60p in 2 years is my target...
There's definitely a plan coming together here...
Sale of Three European Casino Assets
Upfront payment of $4 million represents a 4.7x multiple of revenue
XLMedia (AIM: XLM), a leading global digital media company, today announces the sale of three of the Group's European Gaming domains and associated websites, Casino.se, Casino.gr, and Casino.pt for a total upfront cash consideration of $4.0 million, representing a 4.7 times multiple on revenue (the "Sale").
In the year ended 31 December 2022, the assets relating to the Sale generated revenues of $840,000, 6% of the Group's European Casino revenue, with a gross profit of approximately $750,000. Total European Casino revenues in 2022 were $14.3 million.
The Group will continue to operate its Gaming business in the Swedish and other European markets. At present, the performance of the Group's European Gaming business is tracking marginally ahead of management expectations.
The cash generated from the Sale of these assets to Beach Services provides the Group with additional working capital and funds further investment to drive the expansion of XLMedia's North American Sports and Gaming footprint and advance its EU portfolio.
The Board is pleased to be able to realise further substantial value from the Sale, having recently also completed the sale of the loss-making Personal Finance business for $2.05 million.
Understand your scepticism as the SP has been ravaged and their history of managing assets is terrible. But under the new management and new structure I really believe things are improving considerably. Let's see what happens. As you say no hard feelings :)
Oldboy your belief and knowledge allowed you to go in hard.Absolutely no hard feelings from me.
My reason for scepticism is that I have heard numerous expressions of why the company needed to buy and sell to expand beneficially.I am genuine when I say I really hope you are correct because I do not like shares to be in my personal red column.
Thanks for putting me right.
James, I was the one that went in a bit too hard so apologies, but a lot of shareholder reads these threads and your post was very negative without rationale. XLM is not an advertising company they are an affiliate who connects the advertising to the end user. They are pretty much a US company now anyway with nearly all the revenue business stateside, which btw has grown significantly and with more states coming online. The gaming and sports wagering industry in the US is growing massively, so why would XLM not be a part of that. Look at XLM's revenue growth stateside, it's very significant. they have been dragged down by old assets that were not working for them that are now sold. They have a new leadership in place. H1 this year revenue will feature lower than H1 2022 (when this is announced later this month), due to the massive spike in NY last yer when it opened . Now this has run off in H1 this year, expectations are to continue to strong growth for H2 and beyond
Yeah, bye
Oldboy and Joe you both believe Xlm can beat the Americans at advertising and media sales. Heard it all here for years , good luck and go all in.
I feel you were cheeky to me which I don’t like so remember if a miracle occurs I will be benefitting also.
Bye for now.
Yep no clue did not even quantify the rationale , total drivel
"Jamesoor"
another one post wonder claiming to know all about the business
Exactly Joe the future is bright and the share price low right now is beyond ridiculous
As legalized sports betting continues to expand across the United States, states that previously lagged behind are starting to gain traction — with bills being considered, and in some cases approved, for retail and mobile wagering.
https://nypost.com/article/where-is-sports-betting-legal-in-united-states/