Frank3h,
Your claim that it will take years for Guild to turn a profit is nothing more than an assumption. A little hypocritical of I'm honest.
One sponsorship deal could literally transform the landscape here. Esports makes most of its money from sponsorships as well as trophy money but in addition to that, we have increasing revenue from merchandise sales and subscription.
It's impossible to predict a time line but going by our growth rate since IPO, I strongly suspect we will attract several more big sponsorship deals (confirmed last RNS) which will certainly increase brand exposure. Its one of those stocks that could snowball quickly.
Things are definitely moving in the right direction Doh.
Some more big sponsors will lead to better players, which will lead to more trophies, which will increase brand exposure.
Once subscriber numbers increase to the point we are making meaningful revenue, that will be another catalyst. I'm not expecting huge revenues from merchandise at this point.
Once sentiment returns to Esports, we will undoubtedly see a good run north. Patience is key here.
They're scum of the earth. I can't see any weight in the risk / reward here for them. The co is well and truly undervalued now and with pending confirmation news of a buyout, it's incredibly high risk to short it.
Risk is significant reduced by hoping long here.
The very fact there's named companies looking to put in an offer is very telling. Usually I'd cast aside buyout rumours until I saw something of evidential value but this is different. We have a more detailed analysis with an alleged consortium of private firms wanting to take us over.
Im confident the rumours are true. Whether or not a deal can be struck is a different story.
...... its heading directly for Tirupati. Scary indeed and not great to be coping with after having just endured one.
https://zoom.earth/storms/batsirai-2022/
You've got to remember, the cash burn will be the setting up costs of the academy, content, paying Beckham, leasing the new premises etc
All things indicative of a company in its infancy.
I'm very disappointed that they never released the number of subscribers to the academy. At £4.99 per month, investors would like to know how many people they've recruited to date.
Also no numbers on merchandise sales.
Also another copy and paste about potential sponsorship deals, citing they are in 'advanced discussions'. They've being saying that since early last year.
Overall, I'm happy with it but Kal needs to release specific numbers.
on Monday and I fully believe they won't be as bad as some fear. Most of the big purchases such as players, content, the academy, new office etc has already been paid for some was included in the last interims.
Since then, we have sucured another £4.5m sponsorship deal and are continuing to increase subscriptions and sell merchandise.
I don't believe cash burn will be bad at all.
Our new sponsorship deal starts tomorrow and will bring us a guaranteed £1.5m revenue each year for the next 3 years.
More sponsors to come.
People are definitely sleeping on this one.
It's all a bit vague and having to re submit a new planning application will set us back a long time.
What we need now is to find out how much CfD allotment we are getting. Financial year is starting soon, so we should know by now.
Cash burn is a real threat, so we need to find external funding to expand Meygen.
I was speaking to my mates who are working on the Turbines in Nigg atm. They believe February is when two of the turbines will be back in the water and the third in the summer. They don't believe we will see an expansion at Meygen for another 5 years but I guess that could change if we get substantial funding.
Disappointed in that RNS. They can't even be bothered to tell us what their plan is with Uskmouth, just that they now choosing not to add additional infrastructure.
With planning withdrawn and new planning to be submitted when they decide what they're doing, it's safe to say this project is dead in the water.
Time to focus on the only working part of the company, the tidal division. They'll need a substantial amount of the CfD funding because cash burn is high and we are relying on external financing to keep the lights on.
I'm angry at the board, since Tim left they seem rudderless.
of an update. The company is as good as dead. I've cashed out with a loss (like many others). For those left, I wish you the best of luck.
No need for any abuse guys. I'm sure Ndn knows he is very much disliked on the LSE message board and I'm sure he knows he holds no credibility, despite his recent efforts to be liked.
But no need to stoop to his level. LSE would do well to ban these trolls.
results anytime now. It was spudded on 22/11/21 with a timetable of around 6 weeks until completion of drilling and testing.
It's now 8 weeks gone by. Taking in to consideration some downtime over Xmas and NY, we should have results imminently.
and traders missed the latest news on the oil discovery? I certainly know I did.
I was previously invested here and after a long hiatus, I'm back in today after only catching on to the discovery. Its blown my mind that the market hasn't fully caught on yet and it was a no brainers to buy back in at these levels.
This is transformational to say the least.