Gunsynd Share Discussion Threads

[donaferentes] 26/4/2021 11:36

And they drop the bid for my pains!Premium to net assets now under 6%. Must be a buy - if I had more funds v

[2prsimo] 26/4/2021 10:47

donaferentes - nice breakdown, thanks.

I think the % value of both Rincon and Low6 will increase rapidly over the coming months. As you say, it makes GUN very attractive at the current price, given the total value of the assets compared to market cap.

[donaferentes] 26/4/2021 10:42

Yes - what's a factor of 1000 between trades?

[donaferentes] 26/4/2021 10:42

Forgot Anglosaxon Mining £125k and Angold £126k Net assets per share 1.70p. Bid 1.85p at 8.8% premium. Seems a snip.

[fanramptastic mate] 26/4/2021 10:35

>>don

'Total value £6.322k'

should probably read Total value £6.322M

[donaferentes] 26/4/2021 10:34

They do seem to have a knack of investing pre-IPO in shares and convertible loan notes into successful and nicely diverse asset classes. With metals prices growing fast and oil recovered to $60pb post investment, plus spirits and gambling (both growing big in lockdown) I'm v happy to be inLooking forward to Low6's imminentvIPO numbers.

[donaferentes] 26/4/2021 10:29

Very quick tot up of current cash and asset value. Cash 31 Jan £1m, disposals since £338,000, less 1/4 year operating costs (£65,000) - net cash £1.273mInvestments( using today's share pricesRincon £1.268mEagle £1.411mRogue Baron £1.618mEmpress ££0.142mLow6 £265kOyster O&G guess £100kPacific Nickel guess £100kNet current assets £144k Total value £6.322k = 1.64p per shareApprox 30% increase since 31/1/21 results. All v rough, please check. Share premium 12% at 1.85p bid.

[ragnarr] 24/4/2021 17:50

Helicopter VTRM survey commences at South Telfer Projecthttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02366315-6A1029508?access_token=83ff96335c2d45a094df02a206a39ff4

[donaferentes] 24/4/2021 10:51

Correction to my previous postHalf year results for GUN showedUnrealised gains of 1,166,000Realised profits of 114,000Total for 6 months 1,280,000Recent disposals of Eagle and Empress give total gains of £1.2m.So they represent the value of income for 6 months, not the full year. Still pretty reassuring and we have the Media SPAC's IPO coming up in May.

[axonic] 24/4/2021 07:04

Thanks Ragnarr,you always find useful content 😊. I would have bought another chance yesterday but no available funds 🙁

[ragnarr] 23/4/2021 17:43

https://sbcnews.co.uk/technology/2021/04/16/low6-creates-added-value-for-players-through-uber-for-business-deal/

[donaferentes] 23/4/2021 17:09

Yes, it's actually profitable, has a good mix of invested and seems to make money on each one, realised and paper. Still curious why the dip today. Guess it's still last ditch profit takers from last Friday's high. I expect us to start the climb back up through 2.1p and beyond next week.

[moormoney] 23/4/2021 16:12

GUN looks a good one to back. I’m in with a few 😁

[donaferentes] 23/4/2021 15:50

Good one. Where did you find it?

[ragnarr] 23/4/2021 14:07

Low6 creates added value for players through Uber for Business deal.Low6 has created added value for its players through its Weekly7 app which will provide players with a free Uber Eats voucher for every entry.The collaboration, according to Jamie Mitchell – Co-Founder of Low6 and CEO of the USA Operations – will help deliver an experience which will continue beyond the Weekly7 game which involves players trying to correctly predict seven football scores.Mitchell said: "The landscape for gamification has shifted significantly, with fans set to demand more real value from their partners of choice. "Collaborations like this will absolutely outlive the pandemic, as we look to offer our Gen Z and Millennial users an experience that will continue beyond the game and into their daily life."During the free-to-play Weekly7 game, players play for a chance to win £1,000,000. Low6 believes that the addition of Uber Eats vouchers 'adds a unique selling point, combining online entertainment, gaming with friends and local food delivery'.Josh Turk, CMO of Low6, added: "We continue to revolutionise how we look at gamification. One significant factor driving such high-performing retention rates on our platform is technological innovations. "Automated generated Uber Eats Food vouchers served straight to the user's Uber Eats app showcases just one of the many ways we are using innovative technology to create rewarding experiences for our customers."Looking to differentiate from competitors, and give their players a tangible benefit while they play at home, Low6 first analysed their audience's preferences. The team at Low6 found that their database was made up of 85% of millennials and Gen Z players, learning that highly engaged participants were already using Uber Eats. The partnership with Uber For Business comes at a time when Low6 is looking to expand its gaming footprint across Europe, Australia and the United States. Low6 explained that it 'chose to collaborate with Uber for Business with confidence that their global growth plans are supported by Uber's robust API infrastructure'.Mitchell continued: "The scale we are looking to operate on requires distribution of up to 50,000 Vouchers on a weekend evening. "Achieving this without a significant and well-developed API would not have been possible. The collaboration with Uber for Business has made the API easy to integrate with our technology at Low6."This collaboration for us is all about Uber and Low6 adding true value to the fans. Our players can enjoy gamification, second screen experience and an Uber Eats voucher with their friends. It's very much a win-win for our audiences."

[donaferentes] 23/4/2021 13:56

No worries - hope I've got them right. Do double check them. Not sure what triggered today's dip, other than MMs wanting to shake lose some stock to sell at a better margin when they put the price up - as this RNS certainly suggests they should. But chart looking positive with a green hammer candlestick yesterday and a red one today -?suggests buyers are starting to overwhelm sellers.

[ragnarr] 23/4/2021 13:43

Yep - note to self - take a breath and actually read properly :-)

[donaferentes] 23/4/2021 12:39

A year's money on 2 deals - you'd think it might move the market a bit. Anyway, happy to have added at 1.90p this morning. Value will out.

[donaferentes] 23/4/2021 12:06

Did you note the different currencies - Can$ and Aus$?

[donaferentes] 23/4/2021 12:05

Empress - GUN acquired 1m shares at c. .146p. So disposal of 400k at 27p is a realised profit of £50k. Plus unrealised gain of £74k, total £124k. Eagle - GUN acquired 2,563,172 at c. 10p. So disposal of 213,169 at 52p is a realised profit of £90k and unrealised gain of £987k, total £1.077m. Can't account for 149,997 shares acquired at some point. Total gain of £1.2m compared to FY to 31/1/21 of £1.032m. But not sure how much of this new gain might have been included already in FY21.

[ragnarr] 23/4/2021 11:45

Maths clearly isnt my strong point :-(Empress were bought at 25 i think - and sold at 46

[donaferentes] 23/4/2021 11:36

£218k I read. Anyone know what the original cost was while I look it up?

[ragnarr] 23/4/2021 11:28

RNS - £300k back in the coffers

[donaferentes] 23/4/2021 09:59

Added some at this great price. Maybe MMS dropping the bid to shake out some loose stock prior to the coming onslaught on their holdings when the next IPO gets reported - soon.

[donaferentes] 22/4/2021 12:19

New Rick Senat when he was MD of Warner Bros UK in the 80's - lovely guy.