Guild Esports Share Discussion Threads

[7rademark] 31/1/2023 08:07

Well I was wrong about the forward selling, happy to admit that and there is actually a good chance here that guild will never have to dilute holders further.

[boysie72] 31/1/2023 08:04

I hope they really drop it so I can top up even lower.

[7rademark] 31/1/2023 08:00

The mms will play with this today no doubt, but the earnings are stable to strong which given the selling of late is a real reassurance.

[7rademark] 31/1/2023 07:54

So no imminent placing, cash in the bank and sponsorship revenue to follow.

[s34icknote] 31/1/2023 07:52

They still lost 8 million !!!!And cash went down !!!!

[boysie72] 31/1/2023 07:43

Current cash burn is 1m over 4 months, there is currently 5m per year revenue, with more to come at advanced stages. Reducing the 8m cost of creatives by a potential 5.6m and having a more specific creative approach. Too much waste that is now being addressed by JS, and in those last few paragraphs, indicating that they can continue without a cash call. That would tell you that the advance stage partnerships will prevent one. Overall, much improved in a growing sector and it is very clear why Kal went. No need to sell from my long term point of view, this year is now the key one for Guild. GL actual holders and filter the moron trolls.

[7rademark] 31/1/2023 07:40

Cash is at 1.6m basically they were spending 250k a month the earnings say that will be significantly reduced, so being Conservative at 200k a month they have enough cash for another 7 months at least, then you have to look at the 9.2m order book, increased revenue and expectations of further increased revenue from sponsorship. The loss may scare a few people but that will be all but eradicated this year.

[steveberyl] 31/1/2023 07:23

The results make sure Investors are aware that previous Head office were responsible for the losses and that the current leadership are addressing the issue.

A Great new Management team that are intent on delivering value. I rather like their attitude. I also do not see the need for a cash call, but that is a Board call, which if they do, i support.

[jasperthemonkeygod] 31/1/2023 07:10

Not sure they do actually need a placing tbf, given the ongoing sponsorships

[terminator101] 31/1/2023 07:07

Loss of £8,748 million.

Tells you everything you need to know about this cash hungry overvalued fluff.

[markth126] 31/1/2023 07:05

So another rns to follow imminently I would say for a placing as cash is low and needs and injection to me. Another for the bottom drawer

[7rademark] 30/1/2023 22:13

How did guild manage to get the premises rent free for 26 months, in London.

[boysie72] 30/1/2023 20:43

Whatever the reason for the new paint job, nobody on here knows why it is changing.

[7rademark] 30/1/2023 20:28

A ball ache is the perfect description, it's been a painful hold especially when all the indicators are positive, had it not been for the sellers we would be 4p now.

[turbotrader2] 30/1/2023 20:14

Would that be jasmine?