Gfinity Share Discussion Threads

[aidenabettin] 07/9/2023 08:22

Walk away.Its a scam

[smackeraim] 07/9/2023 08:13

Seems happy to buy at this price

[aidenabettin] 07/9/2023 08:01

MBO and taken private?

[tomboyb] 07/9/2023 07:50

More director buying -

Keith holds a 20% stake with skin in the game -

[meganxmas] 06/9/2023 14:36

I did say on 15th August... pretty shoddy but is AIM

[smackeraim] 01/9/2023 11:41

"Mporium looks like one to watch, especially when a glance down the existing shareholder list throws up the name Robert Keith, with a 10 per cent holding.Keith is a low-profile, hi-tech investor best known for his past involvement with Eidos (which gave us Lara Croft). But he also co-founded, in Oslo, what used to be known as Fast Search & Transfer. It's now called Microsoft Development Center Norway after Microsoft bought the business for $1.2bn nine years ago, and made it the centerpiece of its enterprise search offering."Taken from;https://www.ft.com/content/afd2eed6-772f-3aff-b0f1-751f863974eb

[manual dexterity] 01/9/2023 10:16

Smack, I just read that Robert Keith is this guy.

Robert Keith, for those that don't know, is the investor behind Eidos / Lara Croft. He is a serious investor and one to watch having sold his business, Fast Search & Transfer, to Microsoft for $1.2bn.

This is from the LSE website. ?

[smackeraim] 01/9/2023 09:16

Tr1 Robert Napier Keith, upped his holding substantially in that small fund raise. Interesting.

[smackeraim] 31/8/2023 11:54

Flying. Some interesting new board appointments.

[parsons4] 10/8/2023 08:29

Not unhappy with the news, after all the raise is not that high and most of the old management have gone !! David Halley seems to have a good pedigree, has put £40k into the company and is not taking any remuneration. Athlos under his control is now more linked with the company. I feel that the 2 businesses closed or hived off were much more exciting for previous management, but the digital media side has probably been neglected. Aim is very often all about bad management imho, I hope now the company can move ahead. I for one am staying invested. GLA

[encarter] 09/8/2023 11:08

That's were the share price is heading then imho.

[encarter] 09/8/2023 11:07

Timber!!!!!!

[tomboyb] 09/8/2023 10:59

placing at 0.06p -

[encarter] 08/8/2023 09:59

And we're off.

[encarter] 01/8/2023 09:25

And we're off.

[parsons4] 29/7/2023 12:03

"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. The Directors believe that these cost savings provide the Directors with an organisation that can achieve operating profitability on an EBITDA basis in the near term."

"Chairman, Neville Upton commented "This has been a difficult year for Digital Media with the Company having losses across all verticals, however after a significant re-structuring, we are confident that Gfinity will flourish without the requirement to raise further working capital. 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."

The above was included in the 6th of June RNS where they explained the closing down of the esports division and the sale of 72.5% of the ATHOS Btechnology.

July has nearly gone and we are awaiting "more detailed strategy". Dare I suggest that perhaps the new format is working to plan and a market cap of £1m is on the low side for a company with turnover of say £3 to £4m which is ebitda positive !! and a carried interest in ATHOS which could be successful food for thought ???

[genierub] 21/7/2023 12:57

Its a pump and dump and another one is about to begin in VAST.

[newstead40] 21/7/2023 12:04

Just another 400% and I'll break even ?

[johnjames876] 21/7/2023 10:49

Get out get out

[orchestralis] 21/7/2023 10:07

Not if it is inherently undervalued.

[microscope] 21/7/2023 09:54

Up 52pc on no news? Even though this is the AIM jungle, I'm pretty sure they'll be asked by regulators to comment, even if it's 'know of no reason' type RNS