Member Info for VeliBaba2

I have high hopes. There are some great games in the pipeline like Kingmakers, which apparently could turn into a film. Just imagine how it would boost the sales!

Only some brokers do, apparently. I use x-o.co.uk ( Jarvis Investment Mgt )

I am not sure if it works that way.
Can the company really issue that amount of shares without informing anyone and dilute the shareholders as well as their own directors in the process?
Also, the companies acquired by Tinybuild ... Yes, at reduced SP, they would get more shares for the money they are due, but as the price is much lower, it doesn't make any difference at the end. If there are many more shares out there, they wouldn't get more rights with more shares either.
Finally, how can these acquired companies bring down the SP without shortselling ( assuming they haven't received the shares yet) ? As far as I am aware, there are no open short positions for Tinybuild. There have never been.
Maybe I am missing something, but it doesn't make sense.

You burn cash when you are not generating any profits ... Like Cineworld, Aston Martin and some miners who are still exploring but not producing, etc.

TBLD is investing the cash they have to acquire other companies, to develop new games and to promote the games so that they can KEEP ON INCREASING revenue.

I don't think the recent sells are about the company financials, but a big institution selling shares as they need cash. Of course, this is only speculation.

This share price is completely unjustified. I am confident, though, that it will not be tiny for long!

You might have heard that Tinybuild and Mr Beast ( a Youtube content provider with 129 million followers ) will be collaborating to promote Tinybuld games. This has a huge potential of boosting revenues.

The following article also appeared yesterday:
https://www.cnbc.com/2023/01/25/shares-of-game-developer-tinybuild-could-soar-by-over-200percent-analysts.html

Highlights from the update today:

· Revenue in line with expectations for FY2022, with adjusted EBITDA broadly in line ( H1 was 54% increase in revenue, 33% increase in operating profit, and 25% increase in EBITDA from 2021 )
· Eight new titles released in H2 2022, plus Hello Neighbor animated series debut
· Potion Craft passed 1,000,000 downloads, ahead of PS and Switch launch
. Record Q4 sales
. Still $25m cash, $35 unused revolving credit facility and no debt

I also admire their extraordinary efforts to protect and look after their staff near the war zone, and yes, this comes at a price.

Thanks for your comments JC.

Recent trading updates from Frontier and Devolver seem to have scared some investors and dragged TBLD down a bit. However, TBLD is in a very different position. To start with, it has been increasing its revenue and profits for the last 2 years. On the contrary, Frontier and Devolver have been performing poorly for a while. Especially Frontier had been shorted and even the insiders had been selling shares.

Also, as JC mentioned, the back catalogue will offset any underperformance ( if any ) on the Hello Neighbour 2 front. There is no solid evidence of an underperformance so far, but no update, either. Interest was very high for HN2 as well as all the other new titles published after the H1 results.

So, I still expect a substantial increase in both the revenue and profits. They have also announced the setting up of a £10m trust to buy back shares, but it hasn't started yet as far as I am aware. So, fingers crossed.

A good article on Tinybuild's performance vs share price:

https://www.investorschronicle.co.uk/ideas/2022/12/22/tinybuild-s-lowly-valuation-isn-t-warranted/

series even ...

The long-awaited Hello Neighbor 2 is coming out on 6 December. With the accompanying animated serious, this sequel will give a huge boost ( hopefully ) to the revenues this financial year.

Eusebius, I don't know who you are ...

But you are absolutely right in saying you musn't get emotionally attached with any share / company.

https://www.proactiveinvestors.co.uk/companies/news/991125/tinybuild-acquires-russian-computer-games-studio-and-ip-for-us-5-4mln-991125.html

Have you noticed the new short positions on WIX?

Tinybuild is probably one of the most unappreciated companies out there.

Floated in March 2021 with around 100 staff, 40 published games. Since then, it has grown to have over 400 staff and published 30 more games successfully. Another 30+ games in the pipeline. Their most popular game, Hello Neighbour, has gone from 60 million downloads to over 100+ million and its pilot TV show has been watched by 20 million viewers. Hello Neighbour 2 is due soon and expected to be even more popular.

Revenue has increased by 38% to 52m USD and net income has increased by 67% to 8.2m USD in 2021. 2022 H1 performance is ahead of expectations unlike its competitors. This is a huge growth story! The current SP certainly doesn’t reflect the real value of the company, with a 35% discount to the £1.69 at the IPO in March 2021.

Yes, interesting how things are changing and Wickes doing their best to stay ahead of the game.

I won't be selling a single share until Lombard have closed their short position!

I completely agree, mdunsire.

I have read a lot of nonsense analysis, but this has to be the worst by far! "CF is expected to be profitable in the next 3 years!" It has never been unprofitable under normal circumstances!

Vote of confidence from the management - worth over £125K

It is well below the level when it was demerged from Travis Perkins. So, there really is no reason why it should go any further down. Of course, the macro situation is a bit scary at the moment.