Gfinity Share Discussion Threads

[bowles22] 27/11/2018 07:29

Results
Well they talk a good game!
In broad terms

They have cash of 3.7, revenues of 4.3 and outgoings per year of 10-12 million which means only one thing - another placing

Did not like the randomness of this

Financial outlook


The Company targets Adjusted EBITDA break-even operating results within the next few years

[2magpies] 22/10/2018 14:37

czar

could well be bought out, after the EPL agreement, as that could make them a tasty morsel for bigger players in the sector, imo.

Today's placing buys time.

[czar] 22/10/2018 14:23

A year ago placed at 27p, in March at 12p now at 8p, great short still imho. This cash will soon be burnt then they will be back for more at 5p?

[2magpies] 22/10/2018 08:14

"The Placing Price of 8p represents a less than 2 per cent. discount to the closing middle market price of an ordinary share of 8.15 pence on 19 October 2018"

.......er.. the share price had already slumped from 15p to 8p??

[hybrasil] 22/10/2018 07:42

I think the fact that Nigel wray is not part of his placing says it all. Avoid

[bowles22] 11/10/2018 10:55

This may be empty your boots - No financial disclosure of either the Domino's deal or the premier league deal and now many rumours around of another placing to raise money to stay alive around 10p.

September last year there was a 7 million placing at 27p, wonder how they feel now!

More dilution - maybe Gfinity are paying the premier league and not the other way around - love the Aim

[chrisfillyourboots] 08/10/2018 08:50

Gfinity plc* (GFIN.L, 11.25p/£33.1m)Appointed tournament operator for inaugural ePremier League (04.10.18)· Agreement with the football Premier League to become Tournament Operator of the inaugural ePremier League (ePL) tournament based on EA Sports FIFA 19.· Gfinity will develop and run the online qualification stage of the tournament (on Xbox and PS4) via its proprietary tournament management platform. It will then run the 20 competitions for the club knockout rounds and host the final at the Gfinity Arena in March 2019. These 21 events will be broadcast live on Sky Sports and the Premier League social media channels.· The ePL commences in January 2019 with every Premier League club represented. Players will compete for three months across three rounds: online qualification, live club playoffs and finals. Each club will have a live playoff between two FIFA 19 players, one per PS4 and Xbox. Registration will open in December 2018.

[sideshowbull] 04/10/2018 21:50

Look at the tech that supports/facilitates this.

BWTFDIK

No advice intended.

sideshow

[1realist] 04/10/2018 21:14

This is going to be massive.

[2magpies] 04/10/2018 20:23

Well, the brand 'ePL' says it all.

In fact, in reality it is the'E'ePL!

The EPL is the most successful league on earth.

And GC is spot on, when he says:"Combining fans' passion for Esports, EA SPORTS FIFA 19 and the Premier League is hugely exciting."

[dibs61] 04/10/2018 16:10

How big do we think this deal is worth (with the Premier League)to GFIN going forward?

[2magpies] 04/10/2018 15:04

excellent news.

Something properly substantial.

[aishah] 04/10/2018 13:25

Gfinity plc (AIM: GFIN), a world-leading esports solutions provider, announces that it has entered into an agreement with the Premier League to become Tournament Operator of the inaugural ePremier League ("ePL") tournament.

Gfinity will develop and execute the Online Qualification for the Tournament via its proprietary tournament management platform. It will also develop and execute 20 competitions for the Club Knockout Rounds and host the final round, to be played at the Gfinity Arena, London, in March 2019 and will be broadcast live on Sky Sports and Premier League social media channels.

The ePL commences in January 2019 with every Premier League club represented enabling UK-based players the chance to compete for and represent their favourite Premier League club for the first time ever in competitive gaming. Players will compete for three months across three rounds: online qualification, live club playoffs and the eventual live ePL Final. All 20 Premier League clubs will have a live playoff round allowing two EA SPORTS FIFA 19 competitors, one per PlayStation 4 and Xbox One, a final shot to advance to the Final. Registrations for the tournament will open in December 2018.

Garry Cook, Executive Chairman, Gfinity said: "Gfinity is pleased to be appointed Tournament Operator bringing its knowledge of esports management and the gaming community to make this competition an unparalleled success. Combining fans' passion for Esports, EA SPORTS FIFA 19 and the Premier League is hugely exciting."

[danieldanj] 21/9/2018 11:10

Gfinity (GFIN) News Out Just Now

[arasetoma] 16/8/2018 12:20

I think its one for the future.

They are organizing more and more and expanding but at the moment its a build up and that costs money.

One of the issues may be the non-disclosure of the actual deal with dominos.
It was the biggest sponsorship deal they have made but no figures.

Time will tell

[nakedsteve] 16/8/2018 12:16

surely they will come in time as they organise more and more events and they gain in popularity? everything I read says this is the future of kids entertainment? i'm not invested but at this price i'm very tempted....

[boonkoh] 16/8/2018 11:38

Nakedsteve: where are the revenues?

[nakedsteve] 16/8/2018 11:19

why is this share not a lot higher?? surely with the board they have and the dominos deal these should be 50p?!

[meganxmas] 25/7/2018 11:51

Actually biggest commercial deal in the Company's history ie gfinity ... Somewhat different.

[bobby1904] 25/7/2018 08:11

Wow. Biggest commercial deal in Dominos history!! Bloody hell! That sounds incredible!!

[nakedsteve] 25/7/2018 08:05

MASSIVE news!!!!!!

[2magpies] 25/7/2018 07:56

That's an interesting agreement.

Can only be positive, imo.

[richjp] 18/6/2018 15:55

I am surprised that there has not been more of a positive reaction.

The article says that they are in the final stage of discussions so it may be that they want to go ahead from the start of the new season which is not far away.

I am not much of a football fan but I do know how widely worldwide the English premier league is followed. If Gfinity can pull this off it should not only be a good revenue earner in its own right but a great reference for other organisations and sports.

[2magpies] 18/6/2018 15:37

Doesn't look like many have read the article!