The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
When/if Kenny Alexander et al other former GVC/Entain former BoD take control with their huge wealth of experience in retail and online gambling then I can see this hitting £2-£3 and beyond. This potential event coupled with the huge increase in holdings by other would be predators which may lead to a potential take over war would also fuel an SP rise to the same level.
IMO
Jcj07
Know how you feel. I'm down £15k right now but will hold on for the recovery. It is so frustrating watching it fall day after day for no apparent reason. I've been topping up on the way down thinking each time this has go to be the bottom, my last tranche was at £1.22 but am sitting out now until I hear good news.
I can only guess it is nervousness regarding the outcome of Jerome Powell's and the Fed's decision on whether to hike rates in the U.S. We won't know the outcome here until after the London market has closed . So may be a nervous/cautionary drag down until tomorrow.
TomKe22
Sanja Partalo was brought to my attention as a possible successor by a contributor ( I do apologise I can't remember their name) and when I researched this person and I thought, WOW what an incredible C.V., pedigree and background. Ideal.
But I also thought why should SMS have to put forward a successor.??? Richard Branson hasn't (aged 72), Donald Trump hasn't (aged 76), Li Ka Shing hasn't (aged 94) and so on and so on.
What is this 'thing' almost obsession about SMS age and health.
NigeCo
Did SMS give any timelines on the 3 priorities. I know he previously said Share Buy back would begin 2nd half 2023 and money had been set aside for M&A but did not give any more detail at that time. I don't recall dividends being mentioned
I know that SMS is a big attraction to investors for obvious reasons but in terms of health and micro management I think to myself.
Did Apple collapse when Steve Jobs left Apple to start NeXT Inc = No
Did Apple collapse when Steve Jobs sadly passed = No
Did Microsoft collapse when Bill Gates stepped aside and let Steve Ballmer take the reigns = No
I think we may be at the bottom. No real science behind my thinking, just that I believe SFOR have hit a sweet spot with entering AI marketing at its embryonic stage and already seeing a return in its results big enough to warrant it noteworthy. If they maintain the momentum and become the 'go to agency' for AI marketing they have an enormous addressable market to exploit.
Nvidia SP will send the Nasdaq soaring this afternoon and I understand this is a microchip company but it is the AI factor that is the driver and demonstrates the market opportunities in AI.
Just my thoughts
Let's be honest it didn't send the shares tumbling on the day, or the day after, or the day after that. The SP is down like all markets in the last 5-6 trading days in my opinion due to the brinksmanship ship in the US with McCarthy and Biden. That debacle has had more impact on the SP than Martin's sell of shares.