Gaming Realms Plc

0.40 (1.33%)
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
  0.40 1.33% 30.50 110,104 16:35:07
Bid Price Offer Price High Price Low Price Open Price
30.00 31.00 31.40 30.70 31.40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Machinery Special Industry 18.76 3.61 - - 89.06
Last Trade Time Trade Type Trade Size Trade Price Currency
15:54:50 O 3 30.00 GBX

Gaming Realms (GMR) Latest News (1)

Gaming Realms (GMR) Discussions and Chat

Gaming Realms Forums and Chat

Date Time Title Posts
30/5/202321:18GMR - The Ultimate Gamble!2,364
18/12/202015:09Gaming Realms, seriously undervalued12
09/11/202009:54GAMING REALMS 202080

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Gaming Realms (GMR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-05-31 14:54:5130.0030.90O
2023-05-31 14:54:5131.00164.96O
2023-05-31 13:16:2431.006,0001,860.00AT
2023-05-31 13:15:4631.006,0001,860.00AT
2023-05-31 13:03:0131.00329.92O

Gaming Realms (GMR) Top Chat Posts

Top Posts
Posted at 03/5/2023 17:35 by brownie69
Could not agree more that GMR is a tasty morsel that makes a lot of sense for one of the big boys.

The recent share price activity would support such a theory too but it might just be the market waking up to the value that is on offer.

Posted at 03/5/2023 14:26 by se81
Hi brownie69, yes I see the slides- I suppose I was wishing we, as retail investors, would get access to m'ment via an Investor meet company, VOX, PI world etc

My takeaway from the results were that we would now start to be highly cash generative- m'ment have indicated they're pursuing a growth strategy (ahead of s/holder returns via a divi for eg) and wasn't really sure what a growth strategy for GMR looks like? (i.e what aspect requires large expenditure)

Can't help but think GMR is ripe to be picked off by a predator (now a lot of the hard work has been done!)

Posted at 12/4/2023 21:59 by langham77
Totally agree it doesn't make sense that the Share Price is so low with all the positive news that's been released and generating good revenue . Surely it's only a matter of time but Aim stocks are not fashionable at the moment .
Posted at 12/4/2023 19:44 by gipps
Hi Epic it really baffles me as to why the share price is well below its highs of 45p with all the good news is about they have money in the bank which for a share on AIM is rare i think i am right in saying that staff have potions at 32p so surely that bodes well for them to work hard and increase the share price well in excess of 32p.Would be helpfull if they can get it back up in the 40 s again.
Posted at 03/4/2023 09:01 by garmin1
Fantastic results and the current share price looks ridiculous, in my view.

A mc of £79m on profit of £3.5m implies a pe ratio of 22. However, the most important comment in the results was this:

Gaming Realms has seen this momentum continue into 2023, with excellent growth in the year to date, with revenues 53% up in the two months post year-end compared with the same period in 2022.

Given that a 27% increase in revenues led to a 200% increase in PBT last year, it’s reasonable to expect a similar increase again this year. This would imply a forward PE ratio in the single digits.

Add into the mix further states opening up in the US and this, IMO, is seriously undervalued.

Posted at 02/3/2023 19:51 by epicsurf
Hi Gipps, stockmarket is a different beast now especially AIM so no idea even good results don't seem to move a share upwards so many companies issue regular RNS to boost their share price temporally I prefer results to noise and quite happy to buy on dips
I agree lots of deals i imagine they take time to bed in and gain traction
I just hope someone doesn't see it as a opportunity to put a derisory offer in

Posted at 02/2/2023 08:27 by brownie69
I agree with those thinking this may become a target for one of the big boys.

IMHO Its not just about multiples of trading. GMR have valuable content, primarily Slingo, which in the hands of one of the big boys with truly global distribution unlocks the true value of these assets.

If we settle at 30p (even though I think a higher share price is now justified) a 50 % premium would see a 45p bid in the range of normal bid premiums. £135m value. I do worry that such a bid might get through.
Such a price does not really see GMR shareholders get any upside in the extra value unlocked by one of the big boys. The ideal scenario would be an auction to get a true valuation.

Posted at 01/2/2023 16:14 by nrcade
ISoft Bet were acquired last year by IGT for €160m off the back of €8m EBITDA (20X multiple).
Align research suggested last year a target price of 53p based up £20m revenue and £8m revenue. With 292,000 shares in circulation this would suggest a valuation of £155m (again just under X20 multiple). With a forecast grow to £23.9m revenue and £10.4m EBITDA in 2023.
The numbers are slightly behind but the dev pipeline has accelerated in 2022 as have new market opportunities.
So there is every chance they will deliver this as they add new games to their portfolio. Assume selling a business comes with a premium but even if you assumed a more modest x15 multiple and based upon the trading update, the share price should be breaking 40p. If only life was that simple :)

Posted at 12/12/2022 10:16 by theoldcodger
Bally's are a USD 1B market cap company, so it's probably insignificant in the scheme of things for them and simply not worth the hassle of converting (also remember they acquired the notes via their takeover of Gamesys).

Not only will there be no dilution, but this has removed a potential overhang of the converted shares - so a double bonus for shareholders.

I like GMR and am certainly not selling.

Napoleon 14th, like you I also hold ENT and would anticipate share price fireworks there sooner than at GMR.

Good luck to holders,

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
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