Gan Share Discussion Threads

[festario] 18/8/2021 14:53

13.22p to buy.... I feel another bounce trade coming on.

[daveme] 18/8/2021 10:09

Another article of highlighting the low share price:-

[mylands] 18/8/2021 09:11

All he needs to do is read this BB!

Your link to casino.org gives some hope that there might be a recovery, thanks for posting it.

[mip55] 18/8/2021 08:47

Not disagreeing with you mylands, he always has been amateurish in his announcements - remember the big Tier One client win he couldn't reveal the name of just after IPO - but he is the boss and who is going to tell him his actions are destroying the share price?As I said not disagreeing- just relaying some news

[mylands] 18/8/2021 07:40

Mip55

Dermot keeps missing market expectations, and as long as he does that we are not going to see a significant recovery in the share price

[mip55] 18/8/2021 07:23

GAN Defended by Analysts Following Post-Earnings Plungehttps://www.casino.org/news/gan-defended-by-analysts-following-post-earnings-plunge/

[daveme] 17/8/2021 23:23

Someone's a fan:-



[Courtesy of 4STRING4LIFE on Stocktwits].

I'm not sure he is fully conversant with the company, however he did make a good point about the current share price in that it is less than the opening price when GAN first came to the NASDAQ last year which is ridiculous since GAN is definitely a much better proposition now than it was then.

If I had any available funds I would definitely be taking advantage of the current share price.

[remarkomsoc] 17/8/2021 22:26

Stagnant GAN,🤢㊄6;

[tomv33] 17/8/2021 22:10

$50 million cash and valued at just 4x the revenue. Very cheap currently. So is Draftkings. I wonder will this start to become profitable this year? A share very much to lock away and return in 2024 when this is trading at possibly a ridiculous amount. No buyer in sight either and no buyer for 888 yet!

[mylands] 17/8/2021 21:47

Fest

Two adages spring to mind from your latest posting. ‘It’s better than a poke in the eye’ and ‘from little acorns mighty oak trees grow’.

[cumnor] 17/8/2021 21:27

Have to agree with you, tvh. He runs a decent company but is an ameteur in his dealings with the market. Less of the ridiculous looking holiday poses and start acting like a CEO-or appoint someone who can.

[garmin1] 17/8/2021 21:20

Agreed tvh, I listened to the call yesterday and the CFO was so vague on EBITDA. She said on the call revenue for the rest of the year was low risk so surely they can reasonably estimate expenditure?

[tvh123] 17/8/2021 21:11

Maybe if they actually provided some EBITDA and earnings guidance, there would be no need for the analysts to estimate!?

The Board are amateurs - need to get a CFO that understands how to play the wall street game.

[festario] 17/8/2021 20:31

Sold the entire lot of trading shares for a measly $13.74After commission and currency conversion, I made less than £550, after punting £45,000Tiny margins, but the spike I expected just never happened.

[mylands] 17/8/2021 19:00

Garmin1

Agreed 100%.

Also, I fail to understand why they have ‘allowed’; the analysts to always forecast better earnings than they report. They need their advisors to do their job and keep
Market expectations in line with reality.

[garmin1] 17/8/2021 18:14

The people running this company need support in managing the message delivered to market in my opinion. Dermot talks a good game on these earnings calls but hasn’t exactly delivered in subsequent months ahead. The decision to pre announce earnings and then provide nothing further at release was a crazy decision. If they’d said nothing and the delivered updated guidance yesterday alongside the results this sell off may not have occurred.

[huxley1] 17/8/2021 15:59

I couldn't resist either, got some at $13.31 to add to the ones I got at $21 thinking they couldn't go any lower...
Still well up overall if I include my pre-NASDAQ ones, think they work out at about $7.

Has to be a takeover target at some point, some big players on the prowl in the sector.

Anyone had a look at Sportech (SPO)? Tiddler that has a share of a Connecticut Sports Betting licence.

[mylands] 17/8/2021 15:44

Tomv33

The Smurfs? You must be joking with that question.

For the rest of the board it doesn’t matter in my book however small the investments are, it’s a show of faith in the company at a time when investors’ faith has been shaken.

[tomv33] 17/8/2021 15:38

Do they have they money too?

[festario] 17/8/2021 15:19

Another £25k at 13.21Can't resist a knocking day trade.

[mylands] 17/8/2021 15:02

If Dermot is so positive about the future then he and the board should show their faith in the business and buy the stock.

[daveme] 17/8/2021 15:01

I would hazard a guess that this will be north of $14 at some point today, potentially nearer $15 than $14. Hence, Fest, your day trade at $13.44 sounds good.