Member Info for 321dustybin

mg85 and 1DAYMaybe I bet your glad you joined the family . You both must be up about 25% not bad for 2 months . But wait until end of April and it will be around 69-75%.

We are being quoted 40.2 above , but there must have been some good buys in the 2 extended trading as my Lloyd portfolio is saying my gmr share value is 42.6. Agree this will hit 60p a share ahead of my expectations. Wish I bought more a 6p. Yes in for a good payout when I decide to leave , or we are bought .

This will be the early birds catching the rise before people put there next isa allowance in on the 6th April . This will rise another 10-15 % next week, then we will have the rise on the eoy /1/4 update at the end of the month . So we should be about 50-60 by beginning of May .

It you go back over the last year we were getting update about every 1/4

April 2020 YE + Trading update
Jun 2020 Trading Update
Sep 2020 Interim
Dec 2020 Trading update
Feb 2021 Trading update.

When we are the EOY result they will put in the writeup how the progress is going so far this year, i would expect a statement of on par with Dec and exceeding expectation will be in the writeup .

As i have been stating we are seeing at least 2/1 in buy / sales for this stock every day over the last month, we have some great EOY results in mid April to come , but it will be the 1/4 figure that will show everyone the full potential of this company and the growth we will get this year. We will never see low 30's again i expect this share to be mid 40's by EOY RNS and then it will shot into the 50's after that date . I have been with this share for a long time , seen how they moved there design model to make the most return on investment and also make they a sale target.

5/1 buy to sell ratio today .

Also another day 2/1 in the favour of buys .

interest starting as i said the EOY results coming and we will get some input into the 1/4 which as CFO said in Feb was on Par with Dec ( which was a record month) . If you are holding out for a dip back to the low 30's to join or top up i am sorry but it is going to go the other way , so do not wait and jump in.

If you look back over the last 2 months or so , you will find GMR stock is being bought 50% more , Today i had to reduce my stock purchase into smaller chucks as i there is no stock around,. This only show that people are holding this stock and to buy will come at a premium , and like i said before as soon at the figures come out in April the price will go.
Now will we be sold by Sept , well any big player that see this sort of EBITA (i can see 2021-22 being a 60-80 % ) 2020-21 is going to be around 32% , should be snapped up

So i hope we ALL get the chance and jump in now get the price up ( and also the publicity) so we get a decent return for are money before it is sold .

36 pence a share is a bargain look at the RSI 20 Dollars and what profit to they make .

This company has changed there working model, they had a product but were selling it wrong this they have rectified ) which does take guts to do) and in the process reduce overhead cost and increased there profits .

This will be sold and they will want to sell on a high , we are in lockdown and we have the US, so the next 6-9 months is prime time to sell the company.

I would say if you do not jump on board in the next 2 -3 weeks with GMR you will miss the boat. As soon as the YE figures are out and the update on the first Q trade which will be based on all the other Gaming parties results will be way ahead of expectation , i can see this share ramp up and then kick again when we get the next figure around Sept.

Nice jump at the start of the day, I can only see this going up until there end of year announcement in April , where it rise even more . Just sold my VOD after 20% gain and put it into GMR as I can see at lease 20-30% gain by mid April

Interesting reading the size of RSI 400 million in takings but an EBITDA of only 4.4 million dollars This is down to there advertising cost and overheads . GMR went away from that model and made 3.1 million pounds EBITDA. Look like we choice the right model but also make us a very saleable.

Thanks Saintpeter7 for the video chat

So if we look at Mark Segal comments "2021 we have seen continuable revenue that we were seeing at the end on 2020"

If that is the case and we are still in lockdown and opening up in US states and Europe I believe we are looking at between 1.2 -1.5 million revenue a month, so as per my earlier post of if we say 35 % running cost we will be looking at when 7.2 to 9 million 1/2 year revenue and a profit of EBITA of 4.6 – 5.9 million. Way ahead of 2020 1/2 year revenue of 1.24 million and 5.2million.
I also believe that even after people head back to normality when the lockdown comes to an end that due to other US states coming online over the next 18 months that revenue will still increase but at a slower pace.

Then we also need to ask what the company will do with the profits it is making, there expansion of the business is covered by the contracts they have at present as it cover multi US states , we would have cost for the expansion into Europe . So this will leave 2 things dividends or a company will buy us as the EBITA for this company will be to good to turn down.

So I still believe the present share prices of 33 pence is way off where it should be, we could be looking at 1 pound a share in the next 18 months if we have not been sold by then.

Statement on 8th Dec
Revenues for the Period are expected to be £10.7m, 55% ahead of 2019. As a result of this increase in revenue, the Company expects adjusted EBITDA of not less than £2.75m for the year ended 31 December 2020.

Actual YE Figures
The Company is pleased to announce that it expects FY20 revenue and adjusted EBITDA* will be c .£11.2m and c.£3.1m respectively
So, the company made an additional ½ million in revenue of which 350 thousand turned into profit.

Also, if we look at Sep Interim data

The Company grew revenues 66% from £3.1m in H1'19 to £5.2m in H1'20. The Group's revenues generate high margins, and in combination with a relatively stable fixed cost base, resulted in Adjusted EBITDA growing from £(0.1)m to £1.24m. Adjusted EBITDA margin for the Period was 23.9%

So the company made 6 million in the last 6 months, of which 1.9 Million is EBITDA

Now if we look at the above, they have a rough overhead cost of 35% after which all the rest is EBITDA , so I think if the lockdown carries on and with the rollout of US , we will be in the region of around 6-7 million EBITDA , so this company will be a very cash rich company we hope will pay some of that profit to the shareholders in dividends or which I do not want is a good company to purchase by someone .

More like we go live in Michigan tomorrow to another 10 million people .

If you look at sumo share price of 338 with edita of 12 million we are looking at a min 2.5 million at a share price of 31 , this share has so much more earning potential .

I have just doubled my stake in the company .

I hope my post will help you understand why this company is valued as it is. They have changed the risks in there business model and have expand into the other continents due to UK law changes in gambling, taken away overhead cost of hosting there platform to taking a percentage of a spin of a wheel on other parties platforms. So running cost for this business has reduced. That was what was stopping it from making a profit , as i have stated in my other post we have signed 3 years contracts with some major player in the online gambling industry . You have made a good investment , shame it was not back in March when it was 4p .

This company has a product that everyone want host on there gambling website.

thebamf you have made a very good observation. RSI now have 240 million as they state to invest in US and International markets.

GMR as we all know have made some large 3 year contracts over the last year, which will give the RSI access to US, UK, Scandinavian and Europe markets and give then instant profit for 2 to 2 1/2 years

If they had made that offer last week they could have offered between 50-80 million for the company and that would have made share holders a profit.

I believe this could be one of the issue why this stock has taken of this week.

So RSI would have to come in now with an offer in the region of 120 Million , which would give them what they want and also spare cash to invest in other companies to add the portfolio .

But i do not want this to happen ,as a share holder of 700,000 share we have a company with some long term contact in place, a lockdown keeping people at home going online gambling for entertainment, more States in the US moving to online gambling that will give there states vital tax revenue , this company moving into Europe ,so there is a lot more growth in this company.

I believe we will have a good 3/4 weeks ahead of us, as we have the Feb figure s to come out , which seeing we have got some publicity now will push the price up more .

Good luck to all share holders

But