Gan Share Discussion Threads

[largeronald] 13/8/2021 21:05

Certainly looking that way...

[heliweli] 13/8/2021 19:46

Down down, hope it's not inside info.

[crozzdeboar] 13/8/2021 09:53

Q2 results on Monday!

[mylands] 10/8/2021 14:11

Just out from Seeking Alpha:



Looks like we are in for another day of wild swings. Rose to over $17.50 and now, within 30 minutes, back down to nearly no change!

[mylands] 10/8/2021 14:07

I suppose $21 target from current $17 is not a bad gain, butas Rivaldo said, a low TP.

Oh, for the days when it broke through $30!

[rivaldo] 10/8/2021 13:53

Cheers - more detail below. Initiations often have low first target prices, as it leaves room to quickly upgrade after subsequent news/trading statements. Hopefully $21 is just the starter for ten.....



"Jefferies starts Gan Limited at Buy with $21 price target 08:40 GAN As previously reported, Jefferies analyst David Katz initiated coverage of Gan Limited with a Buy rating and $21 price target. His positive stance is based on Gan's "demonstrated strength as a B2B provider-of-choice" and the quality of its core player account management, or PAM, capabilities, said Katz. He also sees the addition of Coolbet assets, which provide B2B real money wagering capabilities for both OSB and iGaming, helping GAN to capture a larger percentage of the value chain, Katz added."

[popper joe] 10/8/2021 13:08

Jefferies analyst David Katz initiates coverage on GAN (NASDAQ:GAN) with a Buy rating and announces Price Target of $21.

Behind paywall:

[mip55] 10/8/2021 08:22

Interesting to read those Flutter comments, proposed positive EBIDTA in 2023.....UNLESS California,Florida or Texas legislate sports betting in the interim- in which case profitability will be pushed back further. Very much a case of a whole load of jam, but not for a while yet. Hopefully GAN can turn a profit a great deal sooner.

[longwell] 10/8/2021 07:56

Reading flutter results there will be a push until 2023 to consolidate market then rewards will be huge

[tvh123] 09/8/2021 17:00

Golden Nugget's enterprise value prior to the announced acquisition was around 6x FY21 forecast revenues. Interestingly, GAN's current EV is also around 6x FY21 revenues. GAN needs a catalyst - either a material earnings upgrade, or an offer

[mylands] 09/8/2021 14:14

That’s $1.56 billion, not $156 billion!

Sets a valuation for online gaming. Must be good.

[mylands] 09/8/2021 10:50

Error on previous post. Correction:

Half year results out after close of trading in the States a week today, the 16th August.

[rivaldo] 09/8/2021 09:45

Excellent - I suggest you write to the editor of SCSW and also to XLM's CEO to correct their misunderstanding :o))

[mip55] 09/8/2021 09:38

Errrmmm....there are over 20 US States that regulate sports betting of one form or another already. XLM have, I believe, licences to operate in nine of those. Their CEO believes that up to 34 of the States will have regulated by the end of 2022.

[rivaldo] 09/8/2021 09:22

Interesting comment in SCSW's Buy tip for XLM this weekend, with XLM's CEO stating that he believes 22 states in the USA are likely to be regulated for sports betting etc by next year, compared to just 9 at present.

The potential is huge for those companies involved, and is getting closer.

[crozzdeboar] 07/8/2021 11:00

Probably a repost but an interesting read of GAN’s opportunity plus the risks - namely Smurf family board membership and shareholding and of course the size of that Fanduel income… (yes I know it’s a fool article but better than their usual tosh!)

hxxps://www.fool.com/investing/2021/02/02/gan-limited-what-investors-need-to-know/

[longwell] 06/8/2021 13:00

It's very hard to imagine Gan are not getting approached for a take over with their Impressive growth and tech.Coolbet was a very wise move.I can see them taken out around $30 before Xmas, early next year.Will be disappointed but happy at same time.Just seems inevitable. Have Webis and Gamimg realm as well. Expect the same for them within 12 months. Big boys are going to flex their muscles to get ahead.

[heliweli] 05/8/2021 15:15

SCR up 76%.

[molatovkid] 03/8/2021 07:13

Great article libertine

[libertine] 02/8/2021 13:51

3 Small-Cap Stocks Set to Sizzle While Robinhood Fizzles
Thomas Yeung
Fri, July 30, 2021, 7:59 PM

3 Attention Economy Stocks to Buy for Revenge on Robinhood: GAN Limited (GAN)
DraftKings and FanDuel certainly pleased investors with their Q1 numbers. But what about investors looking for 20x gains? You would need to look at far smaller companies to realize such big profits.

Enter GAN Limited (NASDAQ:GAN), a $680 million market cap B2B business that runs the technology behind online sports. It’s a company to watch for two key reasons.

First, this company has quietly become one of the largest online gaming platforms in America. Gross operator revenue jumped 73% to $545 million in 2020.

Second, GAN operates a revenue-share business. So when its customers make more money off sports betting, so does GAN.

There are some risks. 42% of GAN’s revenues currently come from FanDuel, a reflection of industry concentration. And challenges in execution remain — the company remains an unprofitable startup in a rapidly-growing industry.

But analysts agree: online betting is fast approaching a tipping point. They expect GAN’s revenues to rise by nearly 20% and its EBITDA (earnings before interest, taxes, depreciation and amortization) profits to quadruple to almost $40 million by 2023. With more legalized sports betting on the way, it’s hard to ignore this regulatory play.

[trentendboy] 30/7/2021 11:21

Yes, whole sector struggling. Penn and Draftkings also way off highs so GAN no differentHard to see a major catalyst coming though even though they are making great progress across all verticals and cool bet a really good buy giving the turnkey solutions in all gaming Tempting to go long at this price and certainly if we get hack to 14.5

[mylands] 30/7/2021 09:59

TEB

Simply out of favour, no support at all, just a drip, drip, drip of selling. Needs a serious buyer(s) to change the sentiment.

Maybe the time has come for the Smurfits to show their faith in the company and dip their hands into their substantial wallets, after all it wasn't that long ago that our CEO was talking about a $1 billion company. Now its worth $651 million, so it must be cheap in his eyes!

[trentendboy] 29/7/2021 21:14

Poor finish - what news landed? 1 step forward, one back