Creeping back up |
6.5p paid for 100k |
I notice a bit of interest in both TBLD and Atari (Paris listed).
Not huge for now but some rumblings at least. Atari hold nearly 8% of TBLD. |
Always a bad sign, when IC magazine gives the nod to a share. In a general note this time. Yes Tiny will do well given time. Now might be a reasonable time to buy and tuck away for the end of the deacde in an ISA but they need to bring out good results rather than getting the nod in a magazine. |
this continues to creep up |
a bit more nibbling going on here |
Large volume today,with no effect so far on price. |
Morning gerbils. At best they might just get to the guidance. But they forgot to mention that the guidance is pants. |
 From today's progressive research note:tinyBuild has a newly strengthened balance sheet, support from games royalty Atari, a lower run-rate cost base and a slate of new titles featuring 'bangers' (says Steam). The new development model gives 1,000-hour games from an indie cost model. Evidence is building that it is time to draw a line under 2023, an 'annus horribilis' across the US$211.2bn video games industry when it buckled under the strain of weak demand as a soggy consumer environment led to a funding desert and cancelled game debuts, with inevitable consequences for revenue, jobs, executive reshuffles and industry-wide restructuring. If you invested £1 in UK video gaming stocks in January 2023, you would be left with 45p now. Through industry-wide restructuring, tinyBuild retains emphasis on its IP, expanding title reach, debuts and monetising its extensive back-catalogue. Nervousness still pervades, competitor performance is mixed, but we explore why investors should be encouraged: (i) tinyBuild's 'best foot forward' growth orientation, coupled with recent positive announcements like Duckside, Kingmakers and Level Zero, (ii) the clear valuation upside, and (iii) smatterings of industry evidence illustrating a slowly improving backdrop. |
SO other than people posting unhelpful stuff like - this bloke is wearing a baseball cap and this bloke is part of a financial fraud (so people who must have shorts here) - this looks like a classic liquidity story, can they survive long enough to not run out of money.
In a higher interest environment this is happening all over the place.
I can essentially understand this has a bunch of IP - so its not worth zero.... but can any of the bulls give me a good reason to believe that won't all just vanish when the creditors step in for the worst case scenario? |
Thanks Malcolm, I have a separate line of the shares purchased (cash was available) but the shares are showing as a separate price and with the description '(DI) Reg S Cat 3'. Not sure if this is just awaiting admin confirmation to combine the holdings. |
Mine confirmed end of Jan,with HL
Did you have enough free cash in your account to cover the cost? |
Has anyone had their extra shares confirmed on their account yet? I'm with HL and still waiting despite being told that they should be confirmed by 30th Jan. |
Fundraiser resolutions passed |
Meeting at noon today,so should hear shortly after. |
Have we an update on the vote today? |
Thanks for pointing out but Olifiers was at Globo TV, the Brazilian media firm. Nowt to do with the Greek AIM fraud
In other news, fwiw I'm happy with this raise. Alex is putting in what must be a large chunk of his liquid assets and hasn't done what he could have done and done the raise at 1p. At 5p and 420m shares the valuation isn't much more than cash. Alex wouldn't be putting in this $10m unless he thinks it's enough to get us back to cashflow positive. There's at least $60m of Work in progress that hasn't been released and hopefully will deliver 2x return on cost.
What we really need is the platform deals to Msft and Sony to return cos the revenue shortfall this year of $10-15m from selling the catalogue is pure profit... |
Bargepole. |
I just had a look at who was running the company. The Chairman has Globo on his CV.......... |
Trailer for GTA6 will be out today. That will make billions the day it is released. But its been worked on for about a decade with literally thousands of staff and contractors. At the other end of the scale you have this PoS where the CEO has been screwing over people and has seen the shareprice crater 98% since listing 30 months ago. Foreign companies listed on AIM - almost always a trainwreck. |
This has been on the cards since the last trading update and so I am not remotely surprised to see this hit new lows. |
Must be capitulation time for games companies |
Oh dear. Massive placing needed. |