Gaming Realms Share Discussion Threads

[john148] 16/7/2020 12:46

At the end of the day regardless of the management teams behaviour the figures will speak for themselves. Whilst Coved 19 is still around then on line gaming will thrive. As things stand I and many others will be happy if the share price maintains a 15-17p price range till half year results. Popped into a bookies the other day. Very quiet.

[lyndon b] 16/7/2020 12:02

Lanista....the proof will be in the pudding based on who they replace her with?

I don't know the ins and outs for all the rationale on why she left but agree that every company should be doing their best to retain their best people (if indeed she was deemed to have been a high performer).

[lanista 0202] 16/7/2020 10:18

hxxps://www.igamingbusiness.com/news/push-hires-gaming-realms-veteran-new-commercial-chief

Brownie, that’s what I was talking about. This lady left the company because the chairman/CEO/Leader/Only One Mighty and his CFO did not bother to offer share options that have been split only between those two. I don’t think that she landed badly after GMR, but over the last five years they have done this quite a few times and maybe now you will begin to understand why I’m angry at so-called management, and why serious investors are not responding to this company the way that the results deserve. Bad move, no question, bad bad move by GMR.

[lyndon b] 15/7/2020 19:47

What's the craic Ron.... are you a pessimistic buyer or as short as Danny DeVito?

[the white house] 15/7/2020 19:14

Do doo Ron RonWhite Lines (dont dont do it)

[brownie69] 15/7/2020 19:03

I'm not going to comment much on single days trading let along posts on trading based on a hour or twos data. Its mad because you dont get to see late reported trades and you have no idea of the size of orders that sit behind what may look like a small order. ie a 10,000 order might be the total order of part of a 250k order that going to be worked in pieces.

Ron, regarding your comment needing more than half year results to drive the share price Its not about how many sets of results are needed to drive the Share Price it what those results say that counts. We have already seen the effects of the last trading update which triggered a 50% rise in the share price simply by telling the market that EBITDA expectation has been upgraded from £1m to £1.4m. Imagine another 40% upgrade! Ok a bit ambitious but just to illustrate my point. That puts us on nearly £2m EBITDA. Based on the last upgrade that would put us into the 22p to 23p range in my view. whereas if the results have no upgrade to EBITDA then Id expect the share price to stay in its new current range. My point being its the content of the results that will drive the share price

[lanista 0202] 15/7/2020 17:34

Ron, you don’t have to stress too much. Claiming that the price are 14 is a visible sign of stress. Just take the rubber and rub out the bottom line and put that line on 15, using a ruler, and the upper line on 17 using the same method, and that’s where the shares are now. In September, use the same method to draw a line at 19 and 21. In December use the same method and draw a line between 24 and 26, and for 2021, follow the method and draw three more pairs. But most importantly, watching the daily share price and commenting after every single low trade that you see is not helping us to learn anything, except showing some kind of envy if you sold shares too early. But to be honest, this price is suiting me personally because it’s a great time to buy.

[ronwilkes123] 15/7/2020 15:25

Almost back at 14p as I suggested yesterday


A key area

[ronwilkes123] 15/7/2020 15:01

The share price isn’t going to jump from 15p to 25p
In 6 to 8 weeks

It’s needs more results than just a half year for that

[ronwilkes123] 15/7/2020 13:12

The 170k is inaccurate today

Premium is for 200k and over but it’s no where near 17p

Still looks weak atm

[lanista 0202] 15/7/2020 09:59

Ron, I don’t want to be rude, but this shift in price is nothing to do with a ruler and drawing two lines, it’s simply lots of people who have a small amount of shares, hoping that they will turn a fast profit in two or three weeks selling. But if you watch carefully, even yesterday, if you wanted to buy a bigger quantity like 150k, you would need to pay over 17p. I’m very happy that people who are holding small amounts now know that this company is not going to be sold in the near future, and people who are buying now are here to stay. Watching the daily shifts of the share price, especially on smaller amounts, is a waste of time. There were good results in June, no change of management, no offer to buy the company, and the shares have corrected themselves to a realistic level. In September again, after posting good results, the share price will rise to 24-25, if there is no offer to buy, and no change in management, the price will correct itself to 20 again, and so on and so on for the next 18 months. And for all those people who found it offensive when I mentioned GAN, let me point out, that I bought shares for just around 13, last year in May, and sold for just around 28 recently, and like this company, not reacting with new management after doing very well, GAN were punished for not being aggressive, exactly like what I said was going to happen, and I didn’t use a ruler.

[ronwilkes123] 14/7/2020 17:05

Draw two lines one above one below that fit the rising chart

You’ll see if you have the bottom line in the right place 14p is v important to maintain the chart growth pattern

[lyndon b] 14/7/2020 16:46

Hi Ron, can you please build on why you think 14p is the key area....are Level 2 'support orders on the book' suggesting it?

What do you mean by maintain chart pattern in this case?

[ronwilkes123] 14/7/2020 15:32

Scratch my 12pOnly the chart 14p needs to hold for the chart pattern to maintain 14p key areaStill weakish atm

[homebrewruss] 14/7/2020 12:59

Full SCSW write up on GMR is now available via their sample copy here:

[ronwilkes123] 14/7/2020 10:17

Mentioned yesterday it was looking weakBack test of bottom of pattern coming - possible exit of twitterati as it falls back

[john148] 14/7/2020 08:54

Lyndon B. Yes the games okay. You can set the amount you want to gamble at the start 10p to £1 and you get more value for your money than other games in the slots arcade which are based on a straight spin.Plus there's a chance of winning £50 on a 10p stake.

[lyndon b] 13/7/2020 20:28

John148 - maybe I should have tried it out before buying shares, but just interested, is the game decent?

[john09] 13/7/2020 19:43

I don’t think Ron has ever backed a share to go up. Seen him on other boards, he’s got the risk appetite of Sharon and Karen when they go to the casino in Liverpool for a hen do lol

[brownie69] 13/7/2020 18:51

Ron, Please keep predicting a fall.
One day I'm sure you will be right but in the meantime I'm getting richer :-)

More seriously there is resistance at 18p. Just as there was at 12p and 14p. Another 2m+ traded today so chipping away at any remaining sellers.

[john148] 13/7/2020 17:06

Apologies. It's Rainbow Rich's I've been playing. You may want a go yourself. And it's all for a good cause.

[john148] 13/7/2020 14:46

Can't understand why it hasn't gone above 20p given the amount of money I've spent playing Irish Rich's.