Gaming Realms Share Discussion Threads

[lanista 0202] 24/6/2020 10:00

So predictable, too many sellers are sitting on 12+ for this company to reach 15 in the next 12 months. We are talking about 100mil+. Regardless of any more good news or not, not much is going to change. There are only two choices left here, the directors to buy the shares and privatize, or somebody else to buy the company. Any other story just sounds like Alice in Wonderland. By the way, I’m not seeing the directors buying any shares over 10p, so that tells you something too.

[john09] 24/6/2020 08:22

Looks good for a move up this

[john09] 23/6/2020 12:34

No brainier this

[john09] 23/6/2020 12:34

Oh yeah missed that 2m shares traded

[kirk 6] 23/6/2020 12:33

Starting to look very strong nos

[john09] 23/6/2020 10:03

Yes i bought more this am. Think this one is a no brainier with the market capo it has and the in house brands and experience

[kirk 6] 23/6/2020 09:38

A breakout here would be a very positive sign for 15p plus

[kirk 6] 23/6/2020 09:37

Heavy buying today is that you John ?

[john09] 23/6/2020 09:31

Tried to buy again this am using DMA

Pretty hard to get the stock at the sell price. Unusual

[fillipe] 18/6/2020 23:24

GMR - john, ah... yes I now see.

f

[kirk 6] 18/6/2020 21:45

Can see this getting taken out shortly by a bigger player too much growth and potential

[john09] 18/6/2020 20:42

New thread created with proper charting

Now the long term momentum is clear . Aside from Covid sell off, we are bang on that very long running support line for the upward trend which tells me its a buy

[john09] 18/6/2020 20:37

A market cap. of just £34m at the time of setting this thread up.

GMR is a content licensor incorporating social meta games and real money mechanics with well-known brands. All games are designed and developed for mobile, tablet and desktop devices and they have had some early success in North America

GMR in my opinion is a sitting duck 🦆 to a North American acquirer given its low market cap.

IP LICENSOR:

North American Lottery Printed Scratch Games – Scientific Games
Global Electronic Gaming Machines – Scientific
Games
Global Lottery Mobile Instant Games – IWG
Social Slot Games – Zynga Inc.
Game licensing

CONTENT LICENSOR:

Social Puzzle Games – Electronic Arts Inc.
iGaming Library – US and EU
US – Caesars Interactive, Resorts Inc, Rush Street, Golden Nugget, Ocean Resorts, Bwin, Betfair and Hard Rock
Europe – GVC, LadbrokesCoral, 888, JackpotJoy, Kindred, Betsson, Bet Victor, SkillOnNet, BeGame, Rank and William Hill

[brownie69] 18/6/2020 12:20

Well done John, Thanks!

It also suggests that selling at 12p and under has dried up. Following the results I had hoped this would hold above 12p so hopefully that will turn out to be the case.

A good point re GAN. From what I can see they are only 1 year ahead of GMR in terms of size by revenue and EBITDA. Yet they are valued at £670m! We would be a bite sized chunk for them. However I'm not a cheap seller here. With Slingo getting traction in the US and the US opening up I have much bigger ambitions on a 2 year view.

My target before the year end is 18p

[john09] 18/6/2020 12:10

A well timed buy it seems

[john09] 18/6/2020 11:55

Managed to grab 162,000 so far

[john09] 18/6/2020 11:25

You can thank me for the move back to blue lol

[john09] 18/6/2020 10:07

Put some orders in for this using DMA. 500,000 in fact . A sitting duck with this market cap. The yanks will pay £100m in a heartbeat. I.e. triple the current sp

Marvellous uptrend seen since March 2019 (if you discount the covid drop and bounce back)

Only 12,200 of the order has filled. Could be a long wait lol

[lanista 0202] 18/6/2020 09:11

Epicsurf I think that you are right. I have read their report from the 17th of June and seems to me that GMR would be a perfect fit for them. But they are not the only players that can effect this company. You have the Gamesys who can convert their bond and own 12.5% of the company instantly; and from that position block anything and everything or just go for buying the rest of the shares. I don’t think that they will have much of a problem if they place an official bid for 14 plus per share. Also Brownie mentioned correctly that around 30 mil of shares was sold in the last couple of weeks. 20 mil of them was sold for an average 13.3 per share. That’s definitely not random buying. Somebody was buying strategically to put themselves in the game. Owning 4-5-% of the company would put somebody in a good position to place the bid and send a message to the management that their there to stay if they declined their bid. Everyday whatever happens with the shares during the morning somebody will buy small amounts around 4 o’clock and lift the price of shares again to 12p again. So whichever way you look at this somebody is cooking up something, somewhere. Or I could be completely wrong and all this is happening because people think that this company will be close to 20p per share in less than a year for all this to make sense.
Time will tell.

[epicsurf] 17/6/2020 21:38

This seems a perfect fit
For one of the bigger content providers
GAN have just done a conference call with a questions and answers section
One of the questions asked was about takeover targets to grow their business
They saw good value in the uk/European market and were looking for small bolt on aqqustions to grow the USA business
worth a listen about half and hour long,the question section kicks in around the 20 min mark

[lanista 0202] 17/6/2020 07:49

Brownie Respect, time will tell

[brownie69] 16/6/2020 17:36

Lanista. I understand where you are coming from.

However I am not sure why you feel as though its 150m shares that have to be sold to hit 18p.
Firstly around 30m shares have traded since the recent results announcement and the price is still more than double the fairly recent low.

I understand 284m shares are in issue, so despite the 30m traded recently you are suggesting more than half the total issued share capital is for sale.

Finally only 77m were voted against the Chairman which is the main protest vote.

Thus while I do agree that there will still be some disaffected shareholders on the register I would suggest that a chunk of those have sold already. In my experience some of the others may change their sentiment if the company continues to beat market expectation.