Member Info for cielo102

Thanks, Doggo. Which document is the text from? Can you post the link? Clearly, virtual products are important to IMG.

Any ideas about the significance of the large trades today?

That is why I said thank you

Thank you Matador. It is well worth a few minutes listening to today's interview https://www.youtube.com/watch?v=TkaPzu_yOXk discussing the boots deal and what they see as transformative growth

Great news. Interesting that both Eurox and LGP have made distribution deals with AMP within a few days of each other. Are SEED helping to create connections?

I agree with Pirate. IMG are a big driver for Leap, working with them to develop golf and Nascar. After SEED they are the 2nd largest shareholder in Leap. They made a larger contribution to the most recent Leap placing. And Leap even share the same office as IMG in London.

20mil would be fine and push us into the teens, but I suspect it may be a bit more

Thanks Matador. A very positive interview from Ed McDermott. Clearly Eurox are going really well. I was pleased to see that he has not diverged from his 50m plus valuation of Seed. It looks like Q1 rather than H1 for Leap. It is obvious that he is keeping an eye on the increasing multiples for gaming stocks. Also towards the end he makes the point that a sale is still not ruled out as they go through the IPO process. I still believe it will be a sale, but who cares as long as the price is right.

Thank you, Goodhand. Perhaps, it was not such a bad thing after all that Leap did not get sold earlier.

I nice write up of the portfolio https://total-market-solutions.com/2021/12/12-companies-to-follow-in-2022/

The opening up of the US betting market will be a boon for all operators including Leap Gaming. Here is the COO of Inspired Entertainment talking last month about his company and prospects. https://www.youtube.com/watch?v=gaHlw610sDI

Interestingly he starts by saying that they have 4 products but spends about 22 of a 25-minute interview talking about their Virtual Sports products. He confirms that growth in virtuals is continuing well and is expecting a lot more from the opening of US online gaming. Hopefully, Leap will be benefiting also. He also talks about official content, exactly what LEAP, through IMG Arena, are doing with Nascar Racing

It has indeed been a tough year but make no mistake, we are cultivating a strong, valuable and robust portfolio. The team and I are committed to delivery on all fronts. The portfolio has made big strides this year. Enjoy the break and thanks for the continued support

It would be nice to see an RNS for the new Leap deal

https://audioboom.com/posts/7995904-the-ceo-show-ed-mcdermott-ceo-seed-innovations

Nice to see Virtual sports continued growth and becoming more important for inspired entertainment. https://seekingalpha.com/article/4468495-inspired-entertainment-inc-inse-management-on-q3-2021-results-earnings-call-transcript

It is interesting to see the following on https://leap-gaming.com/solutions/

"OFFICIALISED CONTENT
Our strategic partnership with IMG ARENA was announced in June 2018. It has opened new distribution and product development channels, for the benefit of all our customers. One of the first key outcomes of this partnership is our Official Carnoustie Virtual Golf game, which will be released in the end of Q3 2021."

They speak on one of the FIRST KEY OUTCOMES from their June 2018 partnership. Surely this indicates a strengthening relationship.

Ed's tweet
Still progressing with an IPO. I cannot share any more detail than that. A full update will be presented on the whole portfolio at our AGM on 22nd of September via
@InvestorMeetCo

https://themarketherald.com.au/little-green-pharma-asxlgp-secures-wa-psilocybin-licence-2021-09-07/

Along with everyone else who has been here for a while, I am frustrated that the price has not moved our way. However, I remain positive that eventually, this will change. The cannabis-related investment companies all seem to be doing very well, and I do hope that positive PR around South West Brands will move the needle soon.

I am also encouraged that Leap will eventually (When?) prove to be a great investment for SEED. It is interesting to see this research report on sports betting https://themarketwriteup.com/sports-betting-market-to-grow-extensively-at-unstoppable-rate-william-hill-888-holdings-ladbrokes/ noting the increasing popularity of virtual sports betting as the one trend they highlight. This is within the context of the growth of online casinos.

I see Kanabo is up 16% on the news of its subsidiary now buying from Eurox. Should we have a second RNS today?