Gfinity Share Discussion Threads

[bluepill] 25/3/2020 08:02

Re-rating here

[hazl] 25/3/2020 07:51

Wow this company has suddenly started to behave!

[hazl] 24/3/2020 13:24

Happy to have the bounce whatever.
After all they picked GFIN coiuld have picked somebody else.
It will give them visibility as a good alternative,for any firm that cannot bring the crowds.
I'm not promoting anything in these uncertain times but F1!

[yet another final] 24/3/2020 11:17

How do they monetize their product? Great idea but how do they make money?

The vBahrain GP had 1.5million views on You tube (dont have twitch numbers)

[sideshowbull] 23/3/2020 16:55

BIRD is the word. No BIRD no GFIN.


My own opinion no advice.

BWTFDIK

[jforshaw1953] 23/3/2020 14:11

Are interim results still expected this week?

[qs99] 23/3/2020 12:34

IP, leading position etc, should in theory be worth much higher to market cap.....now signs of life, maybe shares will be market much higher again, help with fund raising etc....let's see.....it was 5p in December so who knows....

[hazl] 23/3/2020 12:18

You've forgotten to mention the news of today above.

[amch] 23/3/2020 11:44

The latest broker note I've seen from 23rd Jan shows £7.4m revenue and £6.3m loss before tax for the year to 30 June 2020.

Since then we've had the trading update on 16th March which stated:

'Consequently, the Board now expects that for the year to 30 June 2020 revenue will be lower and adjusted loss before tax will be higher than current market expectations.'

The 23rd Jan note was showing £0.6m cash at 30 June 2020. That will now be lower so some kind of funding will be required shortly.

Good news on the restructuring and cost reductions. Perhaps only one more raise needed to get to breakeven. Could be very dilutive at the current share price though.

[stealive] 23/3/2020 11:13

What kind of revenue will they expect to make?

[hazl] 23/3/2020 11:11

Agree the stock market is dangerous at this time and people will trade.

[hazl] 23/3/2020 11:03

QS9 QUITE an accolade to be chosen as you say and it could be the making of the VR firms in this tragic time.



I think along with GFIN, VRE might well progress and of course the games companies.Unfortunately EVRH shot itself in the foot this morning with directors selling shares though they were placing ones.
I haven't looked to see if they have many many others.
That I intend to do as I still hold some.

[qs99] 23/3/2020 10:47

well I'm at least happy making money on this, anyone else?

Back to Dec 19 levels maybe 5p? Or is that too nuts on the potential?

Be interesting whether directors take advantage?

DYOR

[qs99] 23/3/2020 10:14

it is interesting that F1E have had confidence enough to sign up with them

[qs99] 23/3/2020 10:10

turnaround?

[qs99] 23/3/2020 09:19

Looking at RNSs can't really work out how much cash it has....any views

[hazl] 23/3/2020 07:31

well I didn't expect the VR firms to come in for these sort of reasons!

Same on EVRH.

[cokehookerscars] 21/3/2020 01:26

hxxps://esportsobserver.com/gfinity-strategic-restructure/

[global nomad] 20/3/2020 18:11

this will be the reason for the reverssal today

John Clarke, Gfinity Chief Executive Officer said:
“Gfinity is proud to be playing its part in the design and delivery of the F1 Esports Virtual Grand Prix series, which will bring exciting virtual racing to a legion of Formula 1 and Esports fans around the globe. The virtual Bahrain GP will feature all the thrills and spills of racing with F1 drivers and special guest celebrities going head-to-head, which promises to put a smile back on the faces of millions of sports fans.”

[cokehookerscars] 16/3/2020 09:56

Well it's probably best C-19 takes me now, my pension pot will last a week or two tops !!

[bowles22] 16/3/2020 09:12

AS you are happy mate!

[blackrolie00] 16/3/2020 09:02

Finally gfinity is finished.