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2K (or even their parent company Take-Two Interactive) sounds like a good shout. EA is screamingly obvious from the way the RNS was worded but it does sound far too good to be true particularly with the history that this company has. The way the RNS was worded whilst being overly vague was also a bit of a red flag to me.
2K has PGA Tour, NBA, NHL & WWE to cover the "exclusivity to one of the world's largest sporting franchises" part of the RNS whilst also.
Ubisoft would be a bitter disappointment considering the existing deal but they don't really have any sports games in their catalogue at all now days (especially not one which would be considered a franchise) so I do have my doubts at it being them.
The only part that keeps me coming back to EA is the "life simulation" genre mentioned as the only video game that I can think of that categorically fits that definition is The Sims which bizarrely has pretty much zero competition from any other developer.
One thing newer investors should be weary of here is the MHC board have been notoriously bad at updating the market & doing any kind of PR. It has been a persistent complaint from many of us LTH. So personally I'm not expecting to hear much this side of the new year..
This was probably just the way the software developers had to rather hastily put together the list on the website. Storing all the companies and sorting by alphanumeric when fetching all of the companies from the database.
Something which of course should have been picked up on months ago but this is the country who's health service was held under ransom for failing to update their operating system.
Looks like I may be seeing a profit next week here for the first time in a very long while.. it's a shame it's happening under the wider more dire context and highlights the fact that the Government made a very silly mistake by scrapping the most effective *variant tracking* testing for international travel.
I hope the inevitable ramp-up in demand for tests does not delay our non-covid products from being released any further.
Good luck everybody and happy to see how many held strong throughout
"South Africa to be put on England’s travel red list over new Covid variant" - The Guardian
Very happy to see some energy here again after such a long (& disappointing) couple of months. Well done to those who saw the announcement today coming, got to say I was very skeptical considering Penny's previous comments on the topic during the investor presentation but the move is more than welcome nonetheless.
Hoping we continue to keep the energy up here, hopefully we get a bit more info on the products due in Q122 in the next month or two, hoping the announcement today tops up the projections nicely and we continue to get renewed interest.
I'm still of the opinion the sooner we can escape the "covid stock" label the better but we are definitely in a stronger position than we were previously!
Definitely nice to finally see this claw back to where it ought to have been all along :-)
Dovetail Games is a company with many of it's own issues, it's one I know fairly well. They do not have a good reputation in the hardcore simulation industry BUT they do have hundreds of thousands of casual hobbyists and currently hold the de-facto monopoly on the train simulation genre and also have a very healthy product with their fishing titles.
I think this is a positive for Bidstack. However, I wouldn't at all be surprised if Dovetail faced backlash (nothing new for them) if they're going head-on with using this advertisement engine in their train simulation games. Never underestimate train enthusiasts lol.
I'm also here. Just anecdotally, the company I work for hasn't been to any trade shows or expos since Jan 2020 now. We usually go to multiple a year on most continents. But I can tell you the schedule for Q12022 is already pretty packed with foreign expo trips.
Is that a £25k buy at the end of the day I see? Pleasant :)
Been holding this for about a year and a half now, got spiked when this rose around the end of 2020 and then dropped when I tried to hold firm. Thankfully have been able to average down thoroughly this year and now excited to see where we are headed. I think the team still have a lot of proving to do but happy to ride the hype and allow the company to prove themselves.
The general consensus surrounding the recent price action in the past couple of days believes it is due to poor HY results from FLTR & downgrading their forecasts. This is has taken effect across the sector.
888 is definitely (slightly) undervalued at the moment compared to where it was a couple of weeks ago due to the above fact.
My personal belief is that 888 is one of the strongest publicly-listed LSE gambling companies at the moment with a lot of potential. I wouldn't be surprised if 888 was the target for a TO but who knows who & when.
The biggest risk I see here at the moment is the Govt. gambling act review and what comes of that. Regulation is already going to make a dent in this year's results as forewarned by 888 but I still believe 888 have massive potential particularly with the recent moves in regards to the US.
just my thoughts, would love to hear others.
I know this thread is a bit old, but I found the topic interesting. I can see the reasoning for Amazon potentially purchasing CURY,. In fact, from a purely consumer (and anecdotal) perspective, Curry's has been a very strong competitor to Amazon when I've made some of my recent purchases. The option of same-day pickup, great price matching offers & ability to physically see what you're purchasing has led me to using Curry's over Amazon on several occasions and I doubt I'm the only one. I also agree with the quasi-patriotic sentiment and it would be sad to see Curry's be taken by a foreign company if a TO was ever to be on the table.
I'd be interested to see if the CMA would have anything to say in this theoretical scenario. Curry's is pretty much the last of it's kind in the UK having outlived many of it's peers.
I'm not expecting much here until the end of the year at this point unless we get a trading update in November (would be nice to see how the PCR tests are doing with all the rule changes taking effect) but not getting my hopes up considering state of PR here. More detailed news on product launches would be pleasant but could still be a while yet..
However, for those who are feeling a bit down about MHC (I sympathise) just look at their TrustPilot page and bask in the amount of green you see, take note of the timestamps on those reviews too. Regular 5 star reviews every single day which vastly outweighs 1 or 2 negative comments from unfortunate experiences or people who simply object to covid testing rather than MHC. Once you've looked at the TrustPilot page, re-read the SEAL advisors report on MyHealthChecked it makes for pleasant reading.
No comment from me but this is basically his position:
"Sold my shares on YGEN on what I deem to be ethical grounds [a while ago]"
"I don't see any reason (ignoring ethical reasons) to reenter on financial grounds"
Doesn't like the use of EBITDA, "gut instinct is that pre-tax profit will be negative for H1"
"No earnings visibility at all"
"Limited upside, minor slip up could be material downside"
Interestingly DraftKings have today pulled out of their £18.4bn (£28 per share) bid for ENT. Wonder if they'll be eyeing up other TO opportunities...
https://www.ft.com/content/ae1b143f-3735-488b-a510-37f77f2dddf9
"The first company is a standout growth investment, in my eyes. Gambling group 888 Holdings (LSE: 888) has gone from strength to strength over the past few years. And it doesn’t look as if the enterprise is going to slow down anytime soon.
In the past few months, it’s launched a sportsbook division in the US and the transformational acquisition of William Hill International.
The combined group will be a global force to be reckoned with. Management estimates operating synergies could total £100m a year which will boost profitability.
Based on this growth potential, I’d acquire the stock for my portfolio today.
Due to the risks associated with gambling, this investment may not be suitable for all. The industry is heavily regulated and taxed, and there could be additional regulations on the horizon, which could impact 888’s growth."
https://www.fool.co.uk/2021/10/18/3-uk-shares-to-buy-for-growth/
The reasons Penny gave for MHC not bothering with LFT really made sense tbh. The LFT market is already horrendously oversaturated, the rug could be pulled at any moment as with PCR (we've all experienced that), MHC would much rather focus on getting their wellness tests out and on sale ASAP.
I traded this for a couple of weeks back in March and I'm now back in with a long position. I like the current state of affairs and 888 has been slowly building itself up to be a major player in this sector alongside FLTR & ENT. The management seem to be decent and the company is clearly well run.
The acquisition of William Hill is positive and I'll be interested to see what they do with it in the years to come. The only worry (as always with gambling companies) is are the various governments going to launch a crackdown & tighten regulation. I am aware 888 issued a 2021 revenue warning saying that £50-70m will be wiped off due to new regulation and governments are going to have to find some ways to pay back the massive COVID debt. Nevertheless, I don't think any major regulation will come into effect in the next couple of years.
On a sidenote I must say that I've used 888 sport to place bets and to be honest I was not impressed. The UI is awful and found it very difficult to navigate, deposit money and place a bet. I still much prefer Bet365 when it comes to sports/events betting. I would be surprised if Bet365 isn't acquired in the next 5-10 years but it will probably be FLTR/ENT who win it.
This talk is going to leave us with a Schrodinger's Lisense situation... the current state is that the license is both approved & unapproved ;)
Just a small point on TW worth considering...
TW is of the idea that a massive market correction is coming any day now and claims to be hoarding cash in preparation. Two months ago he had almost nothing but praise for Penny bar one or two common criticisms, now he thinks she’s awful and terrible at her job. What changed? The shares didn’t zoom in September like he kept telling his paying subscribers they would. He has to pin the blame on someone that isn't him if he still wants people to pay to read his articles.