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Zak mir tipped this beginning of December, as a good recovery stock when US markets recover.
I had it in my head at $60-62m but can’t find it anywhere so no idea?
I can see that forecast revenues have been revised down to $50-52M, but can anyone see what they were revised down from? We already knew they weren’t going to be as high as 2022, but we’re actual numbers given anywhere?
I read it as they would happily sell the business, but not at this pricing level..
In the next 18 months or so I'd hope the sp is north of here, that's when they would explore selling to extract maximum shareholder value.
Agree with both those posts Tommy, all of it, this is a big blip, and I do still believe 2024 revenues will be the start of a well overdue upshift. You are right these guys are utterly useless as putting out announcements.. Beyond frustrating
What makes you so sure it will get sold next year, when they explicitly say that no-one is showing interest at a level that would make sense for shareholders?
Is it just me or is the TU today barely penetrable?
"The second half of the year has seen revenues earned in previous years from August through October, in part moving back to mid-November onwards."
WAT?? I'm interpreting this to mean "The revenue in this August - October was similar to revenues during that time period in previous years (which previous years?!?), this gradually ramped up and by mid-November was back on track with how this year was forecast." But it's a lot of guesswork because the wording is gibberish!
From what I can understand, what actually happened is a bit of a "blip" - Casino operator PENN went from running the Barstool sportsbook to the ESPN one. Both Barstool and ESPN were XLM partners, but the nature of the process meant there was a period of a few months when neither was generating revenue for XLM. Obviously not great, but phrasing it as "a significant change in the revenue profile of the Group's North American activities." seems overkill!
I know it's been mentioned on these forums before, but these guys _really_ need to up their game when it comes to making these announcements!
Premier investments owns 27% and I reckon their average is around 30p.
This ain't going cheap...
Yep, this will get sold next year. Fill yer boots at these levels and just sit and wait.
Ultimately this will get sold, but feel they are waiting for conditions to improve first.
Very sensible, meanwhile the money is still coming in, and US interest rates coming down next year. Gla
I'm not into that, but whatever floats your boat.
It's been a quiet period at XLM, although for whatever reason I know not, there is a call for stock today.
Could be a good time for bottom fishing.
Yes agree with Nav patience needed am . Holding over 275000 shares and not bothered one bit. Patience needed, long term play this one
You'll be rewarded Pompal. Patience and confidence my friend.
Kiss of death there, pickedpeck!
On the bid, we’re about £17.3m mcap. Truly outrageous. Where does it stop? Feeling gutted I didn’t see this coming and bail at 12p. 🤮
Bloody comedian market makers read my post and dropped the bid through 7, ho ho ho and merry Christmas to you too!
Will check back in March I think...
Yeah it has been pretty quiet! Been going over this one and I just can't understand why it's so low.
Has the market decided that it can't handle the lack of predictability?
Hopefully there will be a buzz around the superbowl in a couple of months.
U.S. sports betting: Here is where all 50 states currently stand on legalizing online sports betting sites
Where is sports betting legal? Legal sports betting is available in over 30 states including Kentucky, New York, Ohio, and Massachusetts
https://www.cbssports.com/general/news/u-s-sports-betting-here-is-where-all-50-states-currently-stand-on-legalizing-online-sports-betting-sites/
Sssshhh...
Its all been a bit quiet here lately. Seems like 7p is a support that is set in stone, but unfortunately we have also got a solid stone ceiling at 7.5! I doubt anything is going to move this to the next results apart from the possibility of a bid. At this price there must be the occasional sniff round, with the URL real estate and revenue it must be attractive.
This is a very positive and responsible and pro active step by the affiliates
https://www.prnewswire.com/news-releases/gambling-affiliates-create-new-group-to-protect-consumers-responsible-gambling-affiliate-association-rgaa-or-the-group-or-the-association-301980842.html?tc=eml_cleartime
Agree Box wildly undervalued. In fact all 250 and small caps now at 3 year lows, sell off nearly done imo. Buying FTSE 250 quite widely and select small caps aggressively next 3-6 months. XL will be back 2024, hold tight
Looks like it's undervalued to me.
After selling at 11.5….never thought I would see 7p again. Thank you sellers you saved me over 10k
Box this is wildly undervalued. Fair value even in this crappy market is about 20p plus imo. The optics are bad this year due to the massive spike in revenue in 2022 (NY opening), this means 2023 revenue will be down on 2022 but up on 21, any serious investor should not lose sight of that. This should start coming good once all the small caps stop selling off. Going to be a challenging rest of the year though I'm afraid, we need the geo political environment to get resolved.