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I've been off line for a month (hiking, it was miserable) and am out of touch. Have you fellas seen a state of play, calendar of short term catalysts for TEK?
Thanks in hope
The service outage (curtesy of Viasat) can't help.
Ho hum. Tomorrow's another day.
Any of you fellas a member of the club and, if so, are you getting any value from the thing?
In isolation, the valuation would suggest a good bet but absent new contract announcements the management missteps and deteriorating market conditions mean that this is, at best, a cigar butt for now.
Apologies to existing holders, but it's now/ still a stock to wait for a base to form before investing.
Cenkos will bring down their numbers—they have £23.6m in revs forecast for 2022
U.S. rig count up by 22--60% up on year-ago levels:
Active drilling rigs (in the US) up 22 to 635
U.S. crude oil rigs up 19 (to 516)
Gas rigs up 2 (to 118)
1 rig unspecified
Rigs targeting oil in the Permian Basin added 7 to 301, 5 more rigs in the Eagle Ford bringing the total to 47.
The company is scheduled to pitch at Proactive's Growth & Innovation Forum Feb 8. 'News' is never announced at these events but there should be a current summary of the state of play, general developments in the sector, etc.
Much as I love Thomo’s work I’m in this for gains of multiples and the only way that’s gonna happen is company execution.
Am reasonably sure Zak tipped in in his 2021 list.
Rising tide, and the like
Not jumping ship at Casa Gadouis. The decline hurts but this is not a speculative but a cash flow name. I've been picking away at small buys--with the headwinds in the market (as the dingdongs on TV have it) I've been keeping my buys small and increasing the gap between buy levels.
Jonathan Moulds picked up 725k shares at 89p and his buddy Patrick Moloney another 50k.
https://www.investegate.co.uk/litigation-cap.-mgmt--lit-/rns/director-pdmr-shareholding/202112291610039780W/
In that case, I retract my encouragement..... but retain my viva Cap-xx sentiment.
Thanks for this. By way of clarity, the original article (on homelandprepnews.com) was posted a couple of months ago.
Nevertheless mills and grist, etc.
OPENSPACES: By way of clarity on my perspective, I'm new into the name--i've just a half position and will look to build with any decline in the price. That noted, thanks for your cautioning words today. Good or bad, the outlook for visitors to this board will have no impact on the price so having a dissenting view is nothing but a good thing for investors. (Last thing an investor needs are post cool-aid drones that one can visit on the bidstack boards.)
That noted...... viva Cap-xx for 2022.
Sorry if i'm way behind the state of play, but do you fellas know if Justin Waite still holds the stock?
Saying that in five cities across the US, the ads (banners, car skins, etc.) are not present. Moreover, the near ubiquitous presence of ads in the games last year have disappeared. If they are still in other gps, all good, but ad placements have fallen off a cliff in the game.
The pivot to mobile games has radically expanded the number of titles on their platform, but has not resulted in a sufficient boost in revenues to take the place of the 4Q2020 AAA ad presence much less the expansion in revenues outlined in 2021 broker reports with Cenkos or the forecasts in the 2020 reports with Stifel.
Discounting to the extent that the don't exist--Ubisoft doesn't have any BIDS inventory (last year, in Hyperscape they carried a lot of Burberry but no longer. Codemasters hasn't carried BIDS inventory since Codemasters was absorbed into EA. FM, in Sega, carriers some inventory from time to time and the CPM was $15 last year but my understanding is that this is no longer the case. Happy to be enlightened on the name of any other AAA games .
Any esport collaborations are not expected to have a material impact. Same goes for VR.
Incremental bid levels have no impact on revenues--it simply an operating model.
CPMs start at $1 and have in the past (for AAA games) has indeed risen to $15.
For broker estimates, check the Cenkos reports--the most recent is Sept 2 and all are available for free.
For a list of games, check Bidstack RNS, their web site, twitter, etc. I played Tennis, Soccer Cup, Mr Bean, BMX2, Dirt Trackin (which I think is now an adverty title), GRID, Top Eleven, etc. Ads seen include Marriot (which had a good presence), Door Dash, a couple of US universities, Nerd Wallet, Samsung, etc.
For a proxy, I use StrongVPN--gives me access to various US cities, UK, all the large market countries in Europe, the far east, etc.
Cenkos is looking for £4m this year. They cleared £820k for the first half leaving £3.2m for the second half.
CPM for mobile games is US$1 - $3
Taking an average $2 CPM, they need 1.5 billion hits to make their revenue number for the year. If they have 200 games, all pulling their weight, thats 43,000 ads per game each day. If 43k people play each game every day for six months, everyone playing each of the 200 games, should see an ad in every game. Ignoring that they don't have 200 popular games on platform.... in playing these games, in different locations in the UK, US, Europe, the far east, the middle east, I saw a hit rate that came no where near this.
primary research.... the best way to get insight into the performance of a company--download a proxy onto your device, spend a morning playing the most popular games in the UK, US, Germany, Japan, etc., and keep note of the ads you see.