It amazes me the company posted extremely positive results and now with the latest news which will generate additional income the Share Price pulls back. In my opinion this should be a Share price of 60p plus . |
Good startNovibet has 170k visits per day. Flutter of which Paddy P has a large Slingo range bought Betnacional in Brazil so it seems likely they will be involved soon. Betnacional is now market leader in under 4 months and has 2 million visits per day from punters. |
Once again the company executes to plan, with a huge untapped market newly regulated. They have existing relationships with most of the big players who have obtained Brazil igaming licenses, so should be a great moneyspinner and cost effective as they already have a Portuguese language suite ready to integrate. |
Really positive message with the launch in Brazil on LinkedIn:
We are thrilled to announce we are now live in Brazil 🇧🇷 with Novibet! Stay tuned as we continue to launch with Brazilian licensed operators across the weeks ahead!
The weeks ahead should be interesting, given the size of the market. |
Live in Brazil, big market |
holding above 40 fo a wee while might be better |
Just can break that 42p mark |
Let's hope the upward momentum continues. |
And finally thru the magic 40 mark but will it hold. methinks not |
A bit like lotto is a one trick pony Paul. But 90 percent of the US has not been exposed to igaming putting aside South America and most of Asia. So I think the pony has some life. They also are developing non Slingo titles predominantly for the US sporting and casino franchises.? They have clearly articulated their business plans, at least to my understanding. I actually don't know what more you are looking for.Company in Switzerland, application processing in BC, piggyback into Brazil, US states via existing partnerships as they open up. They have done exactly what they said and met target which almost none in AIM have. They will need reasonable capital to expand into South America, some registrations in Brazil are 1m + and at least they can grow through acquisition without diluting equity or debt. |
The management are delivering from a short term business perspective but they need to explain the long term strategy. There has to be life after Slingo. What will they do with the circa £14m they have in the bank? I’d like them to invest it back into the business by acquiring other fast growing titles. |
But still not able to punch thru that magic 40p mark. Trouble is they cant explain to the city boys - and us private punters of what is happening. They talk a decentish story but it never realises and sadly that together with a lack of divvis means it aint going to move much despite what their in house brokers state.
I think the city perceives it as a one trick pony. |
This one, but got it from a different linkhttps://www.google.com/search?q=gaming+realms&sca_esv=426279d8b0d662e2&rlz=1CDGOYI_enGB1116GB1116&hl=en-GB&udm=7&prmd=nsiv&sxsrf=AHTn8zq3a8JBW_CtAetmVihWu3mvkhbqCw:1738706165461&source=lnt&tbs=qdr:w&sa=X&ved=2ahUKEwi5ufGagauLAxXMYEEAHaqSG1IQpwV6BAgDEBE&biw=414&bih=720&dpr=2#fpstate=ive&vld=cid:bdd7c9c4,vid:pkL-GHoc78o,st:0 |
The lack of interest in this company is a reflection of a wider U.K. market malaise. If this company was listed in the US, it would attract a much higher valuation in my opinion. |
Social responsibility and tax risk is driving the fund exit I think. Investec has a media gambling gaming unit though, I think they should step up more than they have recently to lift the profile. |
Or buy out |
let's hope the management, brokers and IR team can start earning their living & find buyers for any sellers in size if that is the case. That RNS/update, v. solid, should help IMO...DYOR |
Which interview please? |
I think 3 funds selling sailor, needs new blood or some traders to move this. |
It's surely only a matter of time before the price rises it's so undervalued. |
Just need the seller to clear |