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GMR Gaming Realms Plc

36.00
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gaming Realms Plc LSE:GMR London Ordinary Share GB00BBHXD542 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 36.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
36.00 36.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 23.56M 5.93M 0.0201 17.91 106.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 36.00 GBX

Gaming Realms (GMR) Latest News

Gaming Realms (GMR) Discussions and Chat

Gaming Realms Forums and Chat

Date Time Title Posts
26/6/202417:11GMR - The Ultimate Gamble!2,602
18/12/202015:09Gaming Realms, seriously undervalued12
09/11/202009:54GAMING REALMS 202080

Add a New Thread

Gaming Realms (GMR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-06-27 15:38:4836.009,9373,577.32AT
2024-06-27 15:38:4836.001,000360.00AT
2024-06-27 15:38:4836.0013,0164,685.76AT
2024-06-27 15:35:1336.0028,78910,364.04UT
2024-06-27 15:29:5936.60207.32O

Gaming Realms (GMR) Top Chat Posts

Top Posts
Posted at 27/6/2024 09:20 by Gaming Realms Daily Update
Gaming Realms Plc is listed in the Computer Related Svcs, Nec sector of the London Stock Exchange with ticker GMR. The last closing price for Gaming Realms was 36p.
Gaming Realms currently has 294,776,444 shares in issue. The market capitalisation of Gaming Realms is £106,119,520.
Gaming Realms has a price to earnings ratio (PE ratio) of 17.91.
This morning GMR shares opened at -
Posted at 15/6/2024 12:03 by epicsurf
Resolution 5
The Company is seeking general shareholder authority by way of special resolution to give the Directors of the Company authority to allot Shares for cash without first offering them to existing shareholders on a pro-rata basis up to an aggregate number of 14,738,822which represents approximately 5 per cent. of the Company's issued share capital at the date of this AGM Notice.
So nearly £6 million give or take not short on money to fund growth
A acquisition maybe ? Or I interpreting this wrong
Posted at 16/5/2024 10:06 by smalljobs
Something is going on here. When GG announced their IPO, suddenly GMR shares went to 42. GG pulled out from their IPO in New York, and now all of a sudden shares are dropping under 40. Maybe it's a coincidence?
Posted at 10/5/2024 12:06 by brownie69
The postive move continues. Id argue this is only just reaching the level where it deserves to be.

Using £13.5m adjusted Ebitda for 2024 and 12x gives us around 54p share price.
Even at 10x its 45p and that is far from demanding given the groweth rate.

Good volume recently is always good to see as sellers are getting accomodated.
Posted at 25/4/2024 18:40 by epicsurf
It didn't but shares a lot of the same principles for a GARP stock
An undemanding valuation
Turning to the rating, Gaming Realms looks relatively attractive. The PEG ratio – the price/earnings ratio divided by EPS growth – is the key metric on the GARP screen, and we use two variations on this. First is a two-year forward PEG ratio. Second is a blended PEG, which considers past and future earnings growth. Gaming Realms has a forward and blended PEG ratio of just 0.4 times.
Thank you shareideas1,
Headline from share magazine
Buy underappreciated Gaming Realms before the market recognises its true worth
Licensing revenue grew 20% year over year in the first two months of 2024
It's been quite noticeable recently that GMR is getting
More coverage from a variety of publications and online podcasts
Posted at 19/4/2024 11:00 by nobull
Doc Martens, many thanks for that info on the director stakes. I will report back when I have researched what average price the directors paid for their stakes - it will take me months to understand remuneration reports, share option incentive schemes, etc. and some of the information may not even be publicly available for all I know - especially founder member stakes obtained pre-IPO, I wonder. Yes it is easy to read RNSs on director stake purchases, but a thorough understanding of just how incentivised they are requires quite a bit of work. Yes, I knew about Mark Blandford's purchases at around 35p, a contributory reason to my purchase.

High operational gearing (a synonym for the "build once, sell many times" business model, perhaps because of the high proportion of fixed costs arising from the annual amortisation charge), high forward PE (about 20 at the time of my purchase, which was before the latest results) and the speculative risk rating are all good reasons to expect share price volatility (no excuse to grumble about it - goes with the territory) even if the general share price trend turns out to be broadly sideways for the next few months or even year, perhaps until the 2027 forecasts come out. AIMO. DYOR.

Thank you, Epicsurf. All your posts are informative. It is a very interesting business, albeit a new departure for me from the sort of businesses I normally invest in. It will be a great learning experience, and if I am lucky, a profitable one. We will see.
Posted at 09/4/2024 22:31 by pj84
Revenue grew 26%, PBT grew 47% and cash increased from £2.9m to £7.5m. So the profit is generating real cash, always a positive for me.

There is nothing to suggest the growth won't continue and for a growing business that is profitable and generating cash a PE of 16 doesn't appear to be demanding.

They are aware the cash is growing and said they will consider all options including investing in the business, share buybacks and dividends but haven't made any decisions. I expect them to try and find profitable opportunities to deploy the cash rather than return it to shareholders.

It takes differing views to make a market and whilst the share price reaction has been negative I am more than happy to continue to hold.
Posted at 03/4/2024 19:40 by epicsurf
Disappointing share price reaction to Full year results considering they were already known from year end trading update.content licensing for first 2 months up 20% up on last year, a runway for 2024 In the second half of 2023 the Group was granted supplier licenses in both West Virginia, USA and Greece. Along with other planned new markets for the business such as Switzerland and South Africa, the Group is well placed to take advantage of further growth opportunities in 2024
I suspect Brazil will be on the cards as well
Happy with cash pile ,absolute disaster at the moment if you have to raise money.4theplayer would make a good bolt on acquisition and a differential.

Peel Hunt has reiterated its ‘buy’ recommendation for Gaming Realms, as it forecasts the company’s already healthy cash pile to grow during the financial year 2024.

Peel Hunt analyst Ivor Jones said: “We expect the market to catch up with how undervalued we believe the shares are and reiterate our Buy recommendation and 60p target price.
Posted at 07/3/2024 18:08 by epicsurf
Article from investors chronicle today
Rest is hidden behind paywall

Gaming Realms (GMR) shot up to near the top of our latest growth at a reasonable price (GARP) screen, passing all of our tests. Last time around it came in near the bottom of the rankings, having failed our earnings per share (EPS) downgrade and share price (and/or) earnings momentum tests. This makes it a good time to take a fresh look at the developer and licensor of mobile-focused gaming content, which broker Investec argues "is a rare gem in the B2B [business-to-business] gambling space
Posted at 10/1/2024 09:26 by pj84
"Gaming Realms can ‘supercharge’ growth, says Peel Hunt

Mobile and social gaming developer Gaming Realms (GMR) is supercharging its growth, but this is not fully reflected in the share price, says Peel Hunt.

Analyst Ivor Jones reiterated his ‘buy’ recommendation and target price of 60p on the stock, which has advanced 43% in the past year.

Nevertheless, the analyst said the share price offered ‘overlooked global growth’ with ‘more games with more licensees in more territories’ which resulted in 36% revenue growth in the first half of 2023.

The business operates on a ‘build it once, sell it many times’ strategy that means it has a ‘high degree of operating leverage and no debt’ with £4.5m in cash as of June.

‘Gaming Realms benefits from the revenue growth of its licensees; in North America, in particular, which is well on the way to accounting for more than half of revenue,’ said Jones.

‘However, it supercharges its growth by adding more games, licences, and territories.’"
Posted at 24/5/2022 17:28 by stingersplash
ISoftbet selling for 160M on annual profit of 8M. 20x multiple.

GMR market cap 80M on annual profit of 1M. 80x multiple.

GMR share price seems inflated.
Gaming Realms share price data is direct from the London Stock Exchange