Gfinity Share Discussion Threads

[roberth176] 21/7/2023 09:43

Pump n dump

[johnjames876] 21/7/2023 09:32

Alrighty pump n dump

[roberth176] 21/7/2023 09:11

Do not get caught

[parsons4] 21/7/2023 08:40

Tried to buy a few million yesterday but could only get 500k !! Now I can see why with a 7 million purchase this morning (only £5k). They should be breaking even this month otherwise surely there would be an RNS ?????. No posts this is completely off the radar.

[parsons4] 17/6/2023 08:13

"We are confident that Gfinity will flourish without the requirement to raise further working capital". It seems that the market simply doesn't believe that statement !!! If it turns out to be true then the shares could multi-bag from here !!!

[papillon] 06/6/2023 13:06

genierub 6 Jun '23 - 07:39 - 2370 of 2379
0 0 3
I think this is going to fly today.

>>>>>>>>>>>>>>>>>>>>>>>>>>>

🤣 🤣 How wrong can you be? genierub? A pumper of rubbish! 🤣

[goforgold1] 06/6/2023 11:01

I told you long time ago. This is a lifestyle scam

[czar] 06/6/2023 08:42

market cap is covered by the stake in Athlos so worth a punt now they are EBITDA positive imho

[johnjames876] 06/6/2023 07:56

Dnt be trying to ramp thisWatch the mms bleed it out

[genierub] 06/6/2023 07:54

They still have 27% of Athlos at no cost to them.

[parsons4] 06/6/2023 07:53

Like most AIM companies the updates were far too bullish, both the value of Athlos and the profitability of the advisory side were overstated. The good news is that they are approaching break-even. At last they are concentrating on the business that can get profitable while retaining a reasonable stake in Athlos going forward.

[dave4545] 06/6/2023 07:50

"is producing profits already"

Actually still loss making and cash burning.

You should be struck off genierub, in 20 years of internet forums+ you are one of the most shameless pump and dump operators around

[genierub] 06/6/2023 07:39

I think this is going to fly today.

They've literally confirmed they need no placing as their change to the business model is producing profits already. Positive EBIT and 15p on warrants.

8AM and ding ding. No wonder insiders were buying yesterday in the final 30 minutes. So obvious they knew that RNS was landing.

[inaminute] 06/6/2023 07:38

That is an extremely one sided view of that car crash of an RNS. Cash burn vs cash for example?

[jungmana] 06/6/2023 07:35

Sold for 1 pound, yes you heard that right:"Alongside the funding, Tourbillon brings an experienced management team who have the capability to take the business to the next stage of its development. Gfinity will retain a 27.5% shareholding in Athlos. The consideration payable to Gfinity by Tourbillon is GBP1."

[jungmana] 06/6/2023 07:33

Just 2 months of cash left;"The Company has also made extensive cost savings across the business and the monthly cost base in July will be GBP185k (annualised at GBP2.2m) compared to a monthly average of GBP600k in H1 FY23. The Company currently has cash reserves of GBP0.4m.

[scalpface] 06/6/2023 07:33

"The divestment therefore significantly reduces the cash burn of the Company."

"Part of this plan includes the deployment of AI automation tools to reduce the cost of specific items of content creation. This has already helped the Company deliver an upturn in trading in May 2023."

"The Company has also made extensive cost savings across the business and the monthly cost base in July will be £185k (annualised at £2.2m) compared to a monthly average of £600k in H1 FY23."

"By focussing on our core web offering for Gamers, we are able to remove the capital intensive businesses of software development and esports events, and focus on returning to a positive return on investment. We will update the shareholders shortly on a more detailed strategy."

Jump was suspect yesterday, but whether you're right remains to be seen.. from the above snippets, I would say not..

[johnjames876] 06/6/2023 07:22

See the rns Mms tried to get folks in yesterday now they are stuck