B90 Share Discussion Threads

[daicaprice] 27/8/2024 15:11

Well that’s where 22m (5%)of them went.

DC

[idomeneo] 27/8/2024 12:46

Summary of how we got here:2023:

Director buys continue, suggesting confidence in the company
Profitability confirmed in latest update
New contract for Oddsen (subsidiary) announced
Mark Blandford (industry veteran) increases stake to 19.5%
Company reports EBITDA profitability in Q1, with profit every month
Revenue down, losses up in previous period

2022-2023:

Appointment of Andy McIver (ex-CFO of Sportingbet)
Panmure Gordon appointed as Joint broker
Share price shows signs of life, with increased buying activity

2021-2022:

Multiple rounds of fundraising, including convertible loans
Acquisition of remaining 49% of Quasar Holdings (owner of Bet90 Sports Limited)
Affiliate agreements signed with Oddsen and E-2 Communications
Share price volatile, reaching highs of 38p before falling back

2021 (March):

Trading resumes after one-year hiatus
Successful capital raise and publication of 2019 results
Share price surges 145% upon resumption of trading

Pre-2021:

Company faced financial difficulties
Trading suspended for about a year

[trek3] 12/8/2024 18:08

Could be interesting, I see a few punters nibbling.

[daicaprice] 09/8/2024 09:10

So who picked up the 39m shares then? Watch this space.

DC

[trek3] 30/7/2024 08:09

This is well under the radar, could be a while before a rerate.

[brownie69] 30/7/2024 07:27

Profitability confirmed again in todays update.

This is due a rerating

[daicaprice] 17/6/2024 13:45

Director buys keep coming fair play.

DC

[daicaprice] 21/5/2024 17:05

A 2nd 500k now showing as a sell, glad I got in when I did.

DC

[daicaprice] 21/5/2024 16:18

Good volume again, looks like Mr 500k was a seller today but the rest are buys to me.

DC

[brownie69] 21/5/2024 10:12

Its a good entry level IMO. But too small a company, so that the wider market seems to have missed the switch into profitability.

[daicaprice] 21/5/2024 07:20

Things moving along nicely, another new contract for Oddsen.

DC

[daicaprice] 16/5/2024 20:51

Have I timed an entry quite well I wonder?

DC

[daicaprice] 16/5/2024 08:36

I’ve just joined you with the 50k not the 500k.

DC

[brownie69] 16/5/2024 06:44

The interesting thing here and the only thing that seems to matter is that all of the history seems to be gone and the business was EBITDA profitable in Q1, with a profit every month!
At the current valuation I'm taking a punt.

[trek3] 01/3/2024 12:38

Just added a few more on the back of that
rns, what was worrying me was another fund
raise, but would Blandford buy in late Feb
if they were short of cash.

[brownie69] 01/3/2024 12:16

Good to see the insider buying. Blandford has a good track record in the gambling industry. Founder of Sportingbet.

[daicaprice] 01/3/2024 07:28

Mark Blandford up to 19.5%, something will happen here.

DC

[terminator101] 28/9/2023 06:21

Revenue down

Losses up.

Well done useless board. But even the gerbils won’t be happy.

[imjustdandy] 16/9/2023 03:51

Director's purchase of sharesB90 Holdings (AIM: B90), the online marketing and operating company for the gaming industry , announces that, on 20 April 2023, Ronnie Breivik, interim Executive Chairman, purchased a total of 1,785,000 ordinary shares of no par value ("Ordinary Shares") at an average price of 6.81 pence per Ordinary Share. Following this purchase, Mr Breivik is interested in 20,147,047 Ordinary Shares (of which 8,600,000 Shares are via Entercreation Limited, majority owned by Mr Breivik) and a further 10,770,762 Shares through Performance Media SIA, in which Mr Breivik is a 34.65% shareholder, representing approximately 11.0% of the Company's issued ordinary share capital.

[nico115] 15/9/2023 08:15

No Director buying ?

[daicaprice] 15/9/2023 07:32

Mark Blandford now holds more than 17.4% of the Company, worth keeping an eye on.

DC

[terminator101] 15/9/2023 06:13

Oh dear gerbils. It's confetti time. Have ya stopped counting yet?

[brownie69] 14/8/2023 10:40

A good appointment in Andy McIver, ex CFO and CFO of Sportingbet.

[brownie69] 13/7/2023 07:16

Terminator, do you know the terms of the Loan notes?

Without the death spiral component I am seeing this financing as good news.
Thus greatly appreciate your additional insight on the terms.

[terminator101] 30/6/2023 06:58

I love a bit of death spiral finance and B90 love it too ;-). Bring more gerbils.