ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

GFIN Gfinity Plc

0.0425
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gfinity Plc LSE:GFIN London Ordinary Share GB00BT9QD572 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0425 0.04 0.045 0.0425 0.0425 0.04 4,567,222 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Amusement & Rec Svcs, Nec 2.19M -10.26M -0.0030 -0.13 1.36M
Gfinity Plc is listed in the Amusement & Rec Svcs sector of the London Stock Exchange with ticker GFIN. The last closing price for Gfinity was 0.04p. Over the last year, Gfinity shares have traded in a share price range of 0.0325p to 0.1525p.

Gfinity currently has 3,399,029,913 shares in issue. The market capitalisation of Gfinity is £1.36 million. Gfinity has a price to earnings ratio (PE ratio) of -0.13.

Gfinity Share Discussion Threads

Showing 976 to 996 of 3025 messages
Chat Pages: Latest  49  48  47  46  45  44  43  42  41  40  39  38  Older
DateSubjectAuthorDiscuss
21/5/2020
18:30
That's basic business, who pays on delivery these days?
lukehold
21/5/2020
18:23
Thanks for your reply and overview, thirty....

Good luck.

tenapen
21/5/2020
18:17
I think they will not need to raise more CASH.

I think the multi year F1 deal will have been structured to make sure they have sufficient CASH flow to give them the chance to get traction from the websites which I think is their big goal. I doubt if F1 would have signed a multi year deal if they could not see the sustainability of the business. But as to way F1 were inclined to sign a multi year deal i suspect they got a good price for the services gained.... so F1 get cheaper services and GFIN get the financial security and also being able to tout the multi-year F1 deal with other providers - kinda creating a network effect.

i think if they can get thru their next results and keep that commitment of break even by end of 2020 then the market will defo start valuing on a multiple of turnover. that said i am assuming that current turnover for 2020 is only going to be c.3m so in fairness to the market at 12m MV they are well valued already at 4t t/o.

All IMHO, DYOR + BOL
GFIN is in my portfolio.

thirty fifty twenty
21/5/2020
17:49
Touchy ouch.


The more deals they sign the more money they will need to fullfil the service before the revenue starts to flow.

It was a basic question

tenapen
21/5/2020
16:38
Eswimming in cash
lukehold
21/5/2020
15:17
They will go further on cost reductions next year too.


From the interim results released on 31 March:


'By June 2021 the monthly cost base is forecast to equate to £2.4m per annum.'

mcfly79
21/5/2020
15:09
The company will be breakeven by year end and profitable in Q1 2021.

They are slashing their cost base to £3m and they raised £2.25m. Based on their forecast of breakeven by year end, and with the reduced cost base, the £2.25m should certainly get them to breakeven.

On top of that they will be receiving another £2.25m for the warrant exercises. They'll be swimming in cash.

mcfly79
21/5/2020
13:15
I'll bite your blatant deramp, they just raised 2.25m. With increased revenues and reduced costs it should see them to profitability.John Clarke, Chief Executive Officer of Gfinity, said : "This fundraising marks the final step of our strategic review process. The funds raised further strengthen our financial position following on from the previously announced sharpened strategic focus for the business and the significant reduction of our cost base. We now have a solid cash position to ensure that Gfinity can continue to capitalise on the exciting market opportunities we see ahead. I'm pleased that in this extremely challenging time our existing investors, as well as new investors, have shown their support for this fundraise, our strategy and our future. "
lukehold
21/5/2020
13:01
Let me help you out http://letmegooglethat.com/?q=How+do+I+read+company+RNS+statements
lukehold
21/5/2020
10:03
Any thoughts on 'if' Gfin will need to raise new money ?. Some very good RNS's of late, and so looking good medium to long term.

Thanks.

tenapen
21/5/2020
09:30
Mentioned in yesterday's Standard under 'small-cap spotlight'
2magpies
21/5/2020
09:05
BUT someone constantly offload shares.....i am out
1choip
21/5/2020
07:50
They have the best performance in last 3 months and successfully transformed its potential into another level. F1 is the one of best sport in the world.
1choip
21/5/2020
07:38
Looks like this is finally found its legs,another 20p and I'm at break even.
baggariddim
20/5/2020
20:25
There is a huge commercial potential for Gfinity. Hope they do enough to attract a big fish to takeover.
1choip
20/5/2020
17:23
Good interview thanks for highlighting
lukehold
20/5/2020
13:49
Vox podcast today. hTTps://audioboom.com/posts/7587023-gfinity-xpediator-and-midatech-pharma Loads of great info but some points:*Announcement today is the biggest contract in the company’s history. *Confirmed definitely still targeting breakeven by year end and profitable by end of Q1 2021.*Gfinity is undervalued.*Also delivering F2 virtual racing.*Working with Forza and Grid. *Spoke about own IP and starting to exploit it.*Own website page views growing again in May.*BT Sport programs are now on TV on Friday nights. Starting soon on next big idea with BT sport. Going to be a series of esports based programs.
mcfly79
20/5/2020
10:53
Amazing contract extension and we are delighted to see a rising star.
1choip
20/5/2020
10:45
With this F1 and top cricket stars agreement this should take off now.
bag158s
20/5/2020
09:43
GFINITY takes the chequered flag again -
semaj2000
20/5/2020
07:00
great stuff!
hazl
Chat Pages: Latest  49  48  47  46  45  44  43  42  41  40  39  38  Older

Your Recent History

Delayed Upgrade Clock