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Though we'll be dealing with them on multiple fronts, I believe a lot of the nfts we have been dealing with just now are based in-game, in-app etc. Which are completely different to randomly created NFTs traded on the open market at present. It's like 2 mini industries.
Although nfts took a hit recently, in-game and in-app purchases, play-to-earn and other similar strategies for rev generation have never been stronger.
Patience is the word of the day! Only a matter if time now and that's just the things we know about, let alone anything else they have brewing!
On your bike buster. Have you had your stabilisers removed yet?
Bought my cheapest ever tranche this morning at 0.2755p. Cannot believe my luck there and the ability to average down a little while we wait for news.
News and revenue updates won't be far away now, we've got a lot going on including but not limited to;
Huawei
ISBA
India Livescores
India Vodafone
Arcade App
Gfin
IGS and Battleriff
Fanzine
4 B2B contracts in India, Turkey, Italy and Africa,
Netherlands imaging
Livescores in Mexico, Argentina & Brazil,
Tappit,
ANOTHER China
There's a lot to come here and a huge new market to capitalise on.
I disagree entirely because then we'd be under the impression that the rev updates we have been given in the year so far are nothing to do with IGS. They cannot lie and say "revs are actually X when really they are Y but we're hiding some from you"
I don't see how they could have been more transparent given that they gant make sweeping comments about the Contract being back ended in an RNS.
What don't you understand about this? All we should be wanting to see is continual, sustainable growth which takes us to profit. If a chunky of that is IGS one month and not the next then who cares so long as the base line figures are moving Noeth and profitability is achieved.
I agree entirely that transparency is important but comparing transparency to knowing all of the business secrets and the spread of profit generation are 2 very different things when we're going through growth like this.
Unless on the BOD or at Senior Management level where confidentiality is implied, I would never disclose that level of information for my own company to anyone.
We will perhaps one day get to hear the revenue figures for individual arms of the company but as time goes on, we'll get further and further away from hearing about nitty gritty contract details.
Guzzler, i was calling you out for your constant positive/negative swaying without any change in fundamental information presented by the board. The fact you think I would would waste time giving you instructions amuses me.
Also, where do you think I've concluded anything about revenue figures... it's something I don't think I've recently put a hard figure against. I'd love to see circa £300k per month on but again, I'm here for the long term where £300k is weekly or even daily figure. I may have speculated what figure might be if the contract is back-ended but O wouldn't think I've tried to claim what the figure is or is not because (unlike you) I accept the fact the company cannot divulge certain info.
Change the record Guzzler.
You've been on and on and on about rev breakdown for ages and the company has clearly said they won't be doing it.
Accept that IGS is back-loaded, accept what the figure is and that its a minimum and accept that its going to be delivered in one way or another by the end of 6 months.
Move on.
There seems to be a lot of inexperience or trolling going on here Nookie. I agree the placings were not the best in terms of their handling but both were for the right reasons IMO.
As for anything that ME or the rest of the BOD "owe" us you can get on your bike and pedal off. Compared to previous BoD, this is lightyears better. Were actually going somewhere, we're ahead of the times for once and we have businesses seeking us out for deals rather than the other way round.
The fact that people who are used to making a quick fiver on a punt down the bookies don't have the experience to wait and allow a company to form doesn't concern me in the slightest. Its their loss.
I have averaged down whenever funds have become available over the past 6 months. Haven't sold a penny since I started to invest here. Just slowly increasing my own holding when funds permit.
I don't think anyone is trying to insult you by calling you a trader, it's just that traders preferences (asking for spikes) are very different from LTH who typically want the long term behaviour of a stock to be consistant. I dont know many LTH tthat would ask for large swings or spikes unless they were trading. That being said, the fact that you are buying and selling a stock repetitively by definition means you're trading. Don't know why you have an issue with this though.
My own experience is that a lot of the big online traders on twitter etc. who claim to be LTH are really only claiming so in order to encourage their followers into buying while in fact they are trading frantically and profiting off the back of their followers.
I can see why traders who lack real patience or
currently feel burnt would want a spike but that's a rather narrow minded stance IMO and it's short term.
I've been an LTH in other stocks that have taken years to mature but when they do, its well worth the wait and doesn't carry any of the short term risks that trying to trade a stock carries.
I want to see consistent, sustainable, profitable, scalable growth here so that in the next few years we see a transformation that not many other companies are capable of and I believe we are already well on that journey.
But I completely see why traders currently sitting at a loss would want a spike.
Itacon,
I wouldn't say we should expect it. If the BoD view all or part of Gfin the same way they viewed the Livescores part of Quanta then in my personal view its entirely possible we may at some point look to buy all or part of the business particularly if we can make it profitable where the current Gfin board can't.
Don't read this the wrong way, I don't expect it per say, I just wouldn't be surprised to see it. Gfin is a different beast compared to Quanta which has to be taken into consideration too.
As someone willing to hold for a number of years here, I'm personally delighted with the current situation. Yes the SP could be a little higher but business costs investment and we're still very much at that stage. I still thoroughly believe that we'll be laughing in the next few years.
I understand your frustration but a lot of the timings here are not within the control fo the BoD. I think they've just had to move with the flow as best they can and capitalise on opportunity that may present itself. There's no way they could have known that a few weeks after their first discussion regarding a partnership with Gfin that the Gfin SP would tumble and that it would present a buying opportunity and an opportunity to position MOS as a key stakeholder for future deals.
I don't think anyone has realised quite how valuable that could be. Look at livescores and what we did there. It wouldn't surprise me if we plan to do the same thing in the next few years here.
I'm seeing a lot of people getting edgy about the actions leading up to and after the placing, at the lack of news in the past few weeks, at what people think is a lack of clarity from the BoD etc.
Business takes time people. We were all ranting and raving when we were getting a new territory announced or a new deal every week or two. That sort of activity simply isn't normally on AIM. We've become used to expecting the company to deliver an RNS every week or two even if there isn't anything of substantial value to announce.
Gfin is just taking time to iron out details. Do i think the placing was rushed? Yes. Do I think the board did it for the right reasons and do I think they jad a very clear strategy in their heads? Absolutely. Do i think they have acted in our best interest? 100%. The placing may have appeared as rushed but opportunity doesnt hang about and I'd personally rather the deal we agree is capitalised upon. If this takes several weeks to iron out then I am 100% behind that.
I urge patience here. Any other AIM company would give their right hand for a news stream like we have had, any other AIM company would have an SP to reflect the positive news, revs and profitability that we are heading towards.
Take a step back and observe what we've been through, where we've come from, where we're going and compare what we've got and the news that been delivered to that of pretty much any other AIM company out there. Your faith in this company is not misplaced.
Whether or not the current SP is a reflection of the way the previous BoD was seen, I don't know but we're going to be getting revenue updates fairly soon and the numbers always talk. I'm fully expecting to see a significant trend upwards revenue and when it comes to this industry, scalability leads to profitability.
I'm holding long, not sold or traded a penny. Averaged down considerably given the buying opportunity available here and I wait patiently for next updates.
What's unacceptable about it?
They can't tell us what they aren't cleared to say by the NOMAD yet.
We've had news after news so they clearly want to tell us what they can, as soon as they can.
Look at any other business and JVs or large contracts can take months if not years to agree.
We're just too used to having the silver spoon of news here I think
Some more patience needed here I think.
I don't think you're getting what he's saying mate.
Also "People who own the shares of a company that performs well get rewarded, that has nothing to do with knowledge"
That is nonsensical... the first part is fair enough but it is precisely the knowledge that they have that allows people to make informed decisions on investments. Knowledge is the fundamental basis of decision-making that most investors follow. To say that being in a company has nothing to do with knowledge is completely untrue.
You talk some amount of Ballz Steve. Away back down your gutter you cretin. You spoil enough of these boards to last a life time