RE: New Jersey11 Aug 2021 09:51
Investors are generally impatient and I can understand people's frustration here.
I keep hearing about this Fintech sponsor, yet no concrete indication there is actually one. I'd rather it'd not be mentioned than it being mentioned and then taking a year before it's actually being announced. If it's taking that long, then I wonder if it's a material announcement in the first place.
Guild has recently "lost" some good people, fairly unexpectedly with no explanation as to why these people have moved on. I don't think I've to date seen Becks in a Guild jersey or apparel at all, and also not seen him posting on social media on Guild (I might have missed this).
I've also signed up on the Guild website for news alerts, yet am still to receive the 1st one. I know websites are nowadays likely less important than social media, but I do think the site doesn't look great. Entering on the home page, I haven't got a clue what Guild is and am greeted with some pictures of people in hoodies. However, looking at something like Team Liquid's website and for example Team Secret, then I do notice the pages look quite alike, so that's just likely me showing my age regarding websites design.
I believe there is mileage in e-sports and think Guild has got a great team of players and upwards potential, but I also feel that this could equally go downwards as easily if not managed properly. I'd like to see them branching out into other categories.
It's time for some quality updates for the share holders, rather than announcing the arrival of a new hoodie in the way it's just been done. There are loads of gamers and loads of companies offering apparel and Guild is only a very small fish in this pool. I doubt Guild is going to make a lot of money of selling apparel, but again, be nice to see some current statistics around this. Currently I have my doubt about the media reach of Guild. My kids definitely haven't heard of them at all and they play Fortnite.
I will hang on to my Guild shares for longer as I'm in for the longer term. It'd be good to see Senior Management of Guild supporting the share price a bit by investing some more of their own money in the company, but will review my strategy every quarter if the SP isn't moving.