Tinybuild Share Discussion Threads

[moonshine3] 26/7/2023 21:35

Should go sub 10p by the end of Friday; get out before it's too late.

[moonshine3] 26/7/2023 21:21

In the current macro environment, the Company is also reviewing a number of titles, both under development and already launched, to assess the revenue potential. The reorganisation of some studios and impairment of certain assets may follow to achieve the optimal cost base.

[moonshine3] 26/7/2023 21:21

Everyone has been dumping these last four working days.

Back to 8p and next leg down to 4p-5p

[kimchi1] 26/7/2023 18:39

Uh oh, telling porkies again friedstorm?! Most of the sells over 14p were mine, well over 40% profit banked - but on a free ride now keeping rest in for the 10-bagger over time as forecast by the expert blogger.
Happy days, you stick with the loss-making fraud Wandisco now you chump !

GLA

[firestorm911] 26/7/2023 15:57

Looking to buy at 2p now.

The next leg down is coming. We took 66.6% profit. The entire crew has been dumping from above 14p. F911 ordered everyone cut this pig down, we have pumped and we have dumped.

Regards
F911
RMC

[simon666] 22/7/2023 19:14

I'm down 85% on this share. There's little point in selling now. I should have learnt my lesson not to invest in AIM stocks. They often end up a disaster zone.


I should have cut my losses when I watched the presentation earlier this year involving the then CFO and the present CEO and joint founder. I was not impressed then. It was all too laid back and it was obvious this company is a ''one man band'' who may know a thing or two about games but has virtually zero business acumen.

Well done to those who have day traded this stock over the last few weeks. However, for the many who bought around the 1.50 to 2.00 mark, you have my sympathies. So much for for the recommendations of Questor or Investors Chronicle. They should have at least understood this share better than me. It's my own fault entrusting in other people's views. I should have understood the workings of this company better and the way they enhanced the profit element.


This is the last time I will ever invest in an AIM stock.

[kimchi1] 20/7/2023 18:39

Published by
tinyBuild

Copyright
Developed by Lazy Bear Games and Published by tinyBuild Ⓒ 2023. All rights reserved.

Release date
20/07/2023

[kimchi1] 20/7/2023 14:26

Epic- no problem, I discovered that site/blog recently and keep an eye on it for updates. I like the fact they have the 35m credit facility should it be needed, so whilst cost-cutting should absolutely be considered, at least they are unlikely to run into cash issues or need to do a fundraise like so many other AIM stocks.

Re: your 55p, imagine what the holders from 200p+ just after IPO are feeling ...
I've been lucky so far after buying post-crash, have added a few in recent days too. Those larger 50K and 100K block buy trades at 12.5p yesterday and today are a positive indicator that the recovery is well underway, IMHO.

Higher risk of course, but seems worth a gamble versus much of the loss-making $h1t on AIM, especially at this over-sold level.

ATB.

[epicwarlock] 20/7/2023 13:49

Kimchi, thanks for sharing the link to that excellent and extensive write up.I haven't heard any strong comments on cost cutting, which I feel is essential. And although the author is clearly a lot closer to the individuals involved, I don't share the same confidence in the CEO and feel he would do well to get a big hitter in for that role and move himself to something more like a COO roleI somewhat wish I hadn't read it, as having held from 55p, I feel properly burned. That said, his sum of the parts analysis (game by game) gives me some hope for the possibility of a strong re-rating if they are indeed able to cut costs. And not tap into their 35m credit facility and avoid dilution....both of which they have stated they do not need to doGLA

[bbanker] 19/7/2023 08:50

It is time for the Directors to issue some form of statement to reassure investors as this company seems to have gone from success to disaster in a very short time since coming to the market. Have investors been mislead or have events created the current situation? Is recovery possible?

[kimchi1] 18/7/2023 16:22

Nice bounce today on decent volume.
I see this investor has updated his research - an excellent read:

[epicwarlock] 18/7/2023 13:15

Lots of buyers....

[kimchi1] 16/7/2023 15:45

"
Tinybuild IPO price March 2021 £1.69. Started trading at £2.13p. "



Current price 0.0975


Gotta love AIM, the laughing stock of the World's markets

Hoping the CEO takes it private at 20-30p or a competitor buys it on the cheap as doubt any institutions will touch this now.

Anyone else still holding ???

[kimchi1] 15/7/2023 07:54

The CEO isn't doing himself any favours though ...

[kimchi1] 14/7/2023 14:57

Mostly buys this afernoon - still a few available at 9.75p currently. Hopefully bottom is in now. GLA.

[kimchi1] 12/7/2023 13:20

Catabrit - looking back it seems this was over-hyped at IPO with lots of positive media coverage. In the current climate we know how markets react to poor results coupled with uncertain outlooks. Especially in relation to AIM listed stocks.

I have a sensible portfolio paying out very nice dividends, but occassionally like a gamble and this really seems to be pricing in the worst possible scenarios now.
With an average of 10.66p I'd probably off-load a few at 20-30p though. Sadly I don't really consider anything on AIM suitable for long-term investing, it seems to only ever offer opportunities on crash stocks and post-fundraise situations. IMHO, DYOR, GLA.

[catabrit] 12/7/2023 13:05

I looked at this and concluded within about five minutes that I wasn’t smart enough to figure it out as an investment. I just don’t understand gaming at all. If feels like the movie business (where most films lose money and a select few generate all the profits) and I just can’t ascribe odds to this situation with any degree of confidence.

Also, why own it when you can park your money in fixed income and get a solid yield? Stuff like this needs to be super compelling and we’ve all got to ask whether we’re attracted to this at current market cap or because it’s down 90% or whatever.

As a speculation (mean reversion) I think the odds are better but that’s not my game.

So, an easy pass and good luck to the rest of you. I might not agree but I can roughly see why you’d be sniffing round the carcass.

[epicwarlock] 12/7/2023 12:48

There is a huge disconnect between cash, current assets and NAV per share vs. price. The market is effectively pricing in almost total failure currently IMOOf course the spending is out of control, and I'd written before the "crash" about concerns in how the operation is being delivered and run.....so the picture may deteriorate quickly in line with current organisation. Also I'm not fully up to speed with which assets have been capitalised and how marketable those may be, perhaps others can comment?Looks to me like an urgent opportunity to change management and slash costs. This could end up a great turnaround story. If the CEO clings on, he may overspend it to bankruptcy. Perfect opportunity for a distressed PE play?I've already lost around 8k, and not particularly optimistic, but for those getting in now, there it's not too late for the above as a very risky and perhaps unlikely scenario

[kimchi1] 12/7/2023 11:30

Some chunky 125K buys going through.

@hatfullofsky - how likely is your suggestion of the CEO taking it private ?

[kimchi1] 12/7/2023 07:42

Sellers (almost) done ?

Now where are the BUYERS .......... ?!

[epicwarlock] 10/7/2023 20:40

My average is 55p....I'd take 40 :-)Fine, I messed up, but I'm not an equity analyst privacy to the info these guys have. What credibility can they expect to have when re-rating in this way? Or was it all explained in their report....

[kimchi1] 08/7/2023 07:53

29 June

SMALL CAP
----------
Berenberg cuts tinyBuild price target to 40 (150) pence - 'buy'

lol

[kimchi1] 06/7/2023 14:07

Well I've added a further 25k here today. My thinking being that the traders who bought after the crash have taken their quick profits (myself included initially) and that the longer term holders will probably at least stick with it and possibly average down.

Also I came across the following website/blog - this guy seems to have TinyBuild as his biggest portfolio holding and there is some good analysis on his site which he states will be updated soon.


I agree the CEO seems out of his depth and should take on a different type of role - if he can bring in a more experienced CEO that would probably reassure shareholders somewhat and re-rate the shareprice which would benefit him more than most.

Still wonder if any larger US player would make an approach at these bombed out levels ?

GLA