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Nationwide commercial gaming revenue reached $5.49B in May, marking the industry’s 27th straight month of YoY revenue growth. Through May, industry revenue is pacing 12.4% ahead of 2022.
I bought these on Tuesday for 11.8 then sold yesterday just under 13.
So many shares, particularly on AIM are shorted for no justifiable reason other than all the guff spewed by de-rampers on here and Advfn.
Sad really
Need another institution to buy Odey's shares or this ain't going nowhere
4 analysts have an average SP target of 74p here. Far too cheap at the moment
The market for zero emission off-grid power continues to grow internationally with our Stade facility now set to become a further catalyst in the delivery of H-Power Generators within one of the world’s fastest growing hydrogen markets,
AFC is also commissioning a study into the potential co-location of development and large-scale contract manufacturing facilities in Germany to support the growth of system developments.
In November 2022, Air Products announced a partnership with Mabanaft to develop a multi-million-euro green import facility at the Port of Hamburg to boost Germany’s hydrogen market.
Onwards and upwards ^^
4 analysts on this with average target sp of 74p
Seems it bounced off 1.2p
"11 Jul 2023 08:42 Buy target 1.2p ??"
This could all change if another institution agrees to buy up all the stock that is being sold, but could be a painful wait if not
1.2P Buy, still on the cards ?
Someone on twitter agrees Peaky -
monthly chart is giving me 2020 vibes where it 5x in a year. Now restructured and firmly positioned to capture growing US gambling market. Ridiculous PEG coupled with strong cash generation prospects
https://twitter.com/bergo221/status/1677335689287933956
Sale of Three European Casino Assets
Upfront payment of $4 million represents a 4.7x multiple of revenue
XLMedia (AIM: XLM), a leading global digital media company, today announces the sale of three of the Group's European Gaming domains and associated websites, Casino.se, Casino.gr, and Casino.pt for a total upfront cash consideration of $4.0 million, representing a 4.7 times multiple on revenue (the "Sale").
In the year ended 31 December 2022, the assets relating to the Sale generated revenues of $840,000, 6% of the Group's European Casino revenue, with a gross profit of approximately $750,000. Total European Casino revenues in 2022 were $14.3 million.
The Group will continue to operate its Gaming business in the Swedish and other European markets. At present, the performance of the Group's European Gaming business is tracking marginally ahead of management expectations.
The cash generated from the Sale of these assets to Beach Services provides the Group with additional working capital and funds further investment to drive the expansion of XLMedia's North American Sports and Gaming footprint and advance its EU portfolio.
The Board is pleased to be able to realise further substantial value from the Sale, having recently also completed the sale of the loss-making Personal Finance business for $2.05 million.
Microsoft has won US court approval to acquire Activision Blizzard for $69 billion
https://www.theverge.com/2023/7/11/23779039/microsoft-activision-blizzard-ftc-trial-win
Osirium already have a few NHS contracts, no doubt they will be getting a lot more
UK Suffers ‘Biggest Ever’ Ransomware Attack on #NHS National Health Service
https://www.latestly.com/technology/uk-suffers-biggest-ever-ransomware-attack-on-national-health-service-says-report-5256069.html
Fairly decent volume again today at 2 million an hour
If the seller is Odey, then probably not finished, see my list below for who could be selling
Buy target 1.2p ??
Yeah, bye
So who is selling?
Odey Asset Management LLP
80,000,000 16.35 % 3 M £
Investec Wealth & Investment Ltd.
61,669,992 12.60 % 2 M £
M&G Investment Management Ltd.
36,616,666 7.483 % 1 M £
Parkwalk Advisors Ltd. (Venture Capital)
35,977,908 7.353 % 1 M £
IP Group Plc /Venture Capital/
34,393,570 7.029 % 1 M £
Maitland Asset Management (Pty) Ltd.
14,000,000 2.861 % 440 580 £
Chelverton Asset Management Ltd.
12,800,000 2.616 % 402 816 £
Ninety One UK Ltd.
12,145,310 2.482 % 382 213 £
Janus Henderson Investors UK Ltd.
10,246,886 2.094 % 322 470 £
Threadneedle Asset Management Ltd.
8,466,924 1.730 % 266 454
"Jamesoor"
another one post wonder claiming to know all about the business