Guild Esports Share Discussion Threads

[turbotrader2] 31/1/2023 15:56

And whi to say its not a HNW or an II who will take a portion at x for x?
Could be premiums could be anything

Happy holding

[7rademark] 31/1/2023 15:50

Apologies Not mcap shares in issue

[jasperthemonkeygod] 31/1/2023 15:40

ah

thanks Henchard

makes this look a bit silly -

JasperTheMonkeyGod31 Jan '23 - 07:10 - 2855 of 2893 Edit
0 1 0
Not sure they do actually need a placing tbf, given the ongoing sponsorships

[henchard] 31/1/2023 15:40

Only pointing out the facts and implications for investors who may not understand them. I guess I should now also point out that "Guild is main market listed, so can only raise a percentage of mcap" isn't true.

[henchard] 31/1/2023 15:30

Very high risk though. Going concern "dependent" on equity fundraise, so looks very much like mega-dilution for existing shareholders if it can get the fundraise away and insolvency ahoy if it can't.

[7rademark] 31/1/2023 15:30

I've seen this in IARs before the wording is vague at best and its not a certainty by any means, I saw it and dismissed it but who knows. If this selling is forward selling of a raise then why warn there is uncertainty around it given its supposedly in progress. If its in progress then I've never seen it announced beforehand.

[henchard] 31/1/2023 15:01

Left out of this morning's results RNS but now available to view in the full annual report on GILD's website
the auditor's report (p.24) might be relevant:

"Material uncertainty related to going concern
We draw attention to note 2.2 in the financial statements, which indicates that the company’s ability to continue as a going concern is dependent on the ability to secure additional funding through completion of an equity fundraise, which is currently in progress. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern."

Note in particular "an equity fundraise, which is currently in progress"

[7rademark] 31/1/2023 14:11

6m buys 6m sells price down 8%

[7rademark] 31/1/2023 11:20

I understand the selling in fear in advance of the earnings, especially with the seller dumping that looked like forward selling but the earnings answers so many questions so I don't understand selling out today. But each to their own I suppose.

[boysie72] 31/1/2023 10:54

That waste of life was already filtered from ages ago. The power of filtering out morons.

[7rademark] 31/1/2023 09:19

4b women on this planet, only guild are tapping into the fact a percentage of those will be exceptional at esports. Strong interview from jasmine today, well done guild.

[7rademark] 31/1/2023 09:06

Sorry got it "Our existing order book, which is the portion of signed contracts yet to be recognised as revenues over the lifetime of the deals, amounted to £9.2m as at our year end."

[7rademark] 31/1/2023 09:03

Am I being stupid here, but what's the 9.2m on the order book

[oakville] 31/1/2023 09:00

The sector to be in. Averaged down a little with a sub 1.3p buy...

[7rademark] 31/1/2023 08:25

On track to deliver significant revenue growth in the current financial year based on a GBP9.2m order bookNot sure I understand this, this financial year meaning the companies or to the 5th April.

[aishah] 31/1/2023 08:25

I have taken a maiden position here this morning. Significant revenue boost and forecast. Premium brands sponsorship, risk/reward looks good to me over the next year and beyond. Dyor