Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I’ve worked in the sector for 10 years. This is normal course of a maturing region and by no means that affiliates are impacted. This is such an over reaction by Piis. However it has come at the same time stockopedia made the share amber.
Taking a step back, it’s really important that there is some regulation around what words gambling operators use to incentivise play. The word “risk free”, “free” etc have always been banned quite early on in growing regions as nothing is truly risk free and we want to do anything possible to protect people and players. Normal course of business. Furthermore, US has a significant pathway ahead of it to grow and XLM should scale with it, entering more states and leveraging its core assets to reach new and existing players. What we have to remind ourselves that the spotlight channels where regulators target is TV, radio, out-of-home. These channels are near to impossible to limit exposure to younger people as they’re everywhere. Yes you can limit tv spots to late night times or put restrictions on what you can or can not promote. All to bewhich is where Xlm play. More to that, affiliates do not just promote a brand, they provide ongoing content to our most engaged players so are a critical foundation to the fast and growing industry. What we need to worry about as investors is are Xlm growing their affiliate footprint, are those affiliates good content creators and do they efficiently reach prospects and engaged players. Forget everything else, as if they do those three things, operators will come and pay decent revenue share for multiple years to Xlm.
At a prospective PE of 3 with cost savings to be baked in due to restructuring this year, XLM are clearer demonstrating ability to generate high growth in the US and with more sites added to capture revenue in this growing sector this is a very interesting share right now imo.
Very welcomed news for US commercialisation and a great partner
Obv bull divergence love it - going to do very well. People just need to read the last update :)
I don’t see anything overly negative here. Normal write down given market, IPO market is very full right now so listing now wouldn’t be ideal anyway. NAV is still 2.5x current market cap with some investments growing. Portfolio is high beta but is positioned with very good brands in what will be long term growth sectors.
Ignore the derampers
Exactly what I was thinking. Either shows confidence or building stack for takeover.
Any thoughts on the £39M decrease in cash since this time last year? £40m revolving credit vs. current balance at -£21.2m.
I'd imagine acquistion of Medichem (first installment of £7m) + BH Cosmetics (£3.3m) would be c.£10m of the move, leaving £29M....thoughts?
Too line growth, coupled with operational efficiencies in a fast growing market ??
“ XLMedia's new organisational design, as outlined in the Group's FY 2021 results, was largely completed in H1 2022 and is expected to generate annualised cost savings of US$5-6”
That’s what I call a good set of initial results
Shift to US well and truly flying. With US gaming market dirk I it’s early years, XLM have a great position to grow. All about execution now
Shows the quality of some of these boards when new4yradw posts a target and there is 4 likes. A poster who only a few days ago clearly falsified claims about a large investor…shameful and sad that LSE is going this way with poor moderating
NAV and sale valuation are two completely different things. I work in gaming and Leap have a good product that big players are using…matter of time
Hopefully, once we get out of this market-wide sell off that may announce some news :)
A lot of disgruntled shareholders here. Ultimately most small caps are down 50-70% from their highs. No different here. However, I work in the gaming sector and leap is quite prominent for a number of global brands. I believe it’s a well worth waiting albeit taking a little longer than hoped
Leap's 3D Virtual product is absolutely perfectly placed to transition into the metaverse imo
Having a background in gaming, I know how big this could be. Waiting to see what happens with any IPO or buy-out. Hopefully it will come soon...been waiting too long :)
£6,000,000 Net Assets
+ Low6 IPO upside big driver
+ Investments in growth areas
vs.
EV = c.£3,000,000 (excl. Cash)
Quite a big gap, what am I missing?
A £0.5M and £0.8M buy after-hours. Interesting to see where this goes after people start to realise the contract win potential
Ken Wottom (Gresham House) was quite bullish on future of STAF in a recent interview with Vox (Paul Hill).
Now the funding issue is out the way, some good tailwinds should help spur growth and improve margins, which is what we all want! : )
Meant Yooma UK listing and SW IPO
Yep, think LGP is well positioned across the entire value chain.
My fav is for short term is still Leap - the NAV last yeat was c£7m - I'm estimating at least £11M (low) to £15M (high, not highest!). Both these alone exceed FFWD current MC.
Plus LGP and Leap IPOs in certain markets, hopefully both this quarter :D