RE: Uk esports9 Apr 2022 23:44
I don't think there are an abundance of stock options, not on the LSE at least. In my particular circumstances I wanted an ISA eligible stock, a lot of small investors do. But sure, others might look to other markets.
For balance, my interest in this stock largely grew off the back of several interviews with Carleton Curtis, I felt he really understood the esports market, and came at it from more of fan perspective which is important, as we often see in traditional sports.
I don't really feel they've adequately replaced him yet and I'm not sure if they're going to. The Board is now very much money men which is useful of course, but you do need that human touch with a club and building a fanbase too and I hope they don't lose sight of that. I would also add here that I think their fanbase hasn't grown as quickly as I anticipated it would, the last 12 months has seen just small increments across all the social media platforms. The third concern is the pending Beckham payout and how they fund that if we don't see further significant income streams in the short term.
That said, I'm still invested because Guild were only founded end of 2019, and launched on the LSE only end of 2020.
A period in which we're not seeing huge growth in stocks anywhere really. Despite those difficulties they have a long list of credible sponsors in place already, multi year deals, and an academy which of course, by its nature, ie nurturing talent, is a long-term project. The Academy space in London is also the kind of visible, familiar format, that might well help shift perception of esports in the UK market, and start to grow a more mainstream audience. Guilds name will hopefully be integral in that. And finally the market cap , 9 million at the moment, i think this fairly reflects their status in esports and is an attractive entry point, to me anyway,
what does everyone else think?