Xlmedia Share Discussion Threads

[albanyvillas] 10/12/2019 14:35

Michigan superb news for Xlm

Breaking news!!

[albanyvillas] 10/12/2019 14:35

e on Michigan :

Legislation to legalize sports betting, internet gambling, online poker and daily fantasy sports will pass the Michigan state legislature by Wednesday, according to state Sen. Curtis Hertel Jr.

After weeks leading negotiations between industry stakeholders and the administration, Hertel tells Legal Sports Report that an agreement has been reached that will get the signature of Gov. Gretchen Whitmer.

hxxps://www.legalsportsreport.com/36378/michigan-sports-betting-deal/

[albanyvillas] 10/12/2019 14:34

Legislation to legalize sports betting, internet gambling, online poker and daily fantasy sports will pass the Michigan state legislature by Wednesday, according to state Sen. Curtis Hertel Jr.

After weeks leading negotiations between industry stakeholders and the administration, Hertel tells Legal Sports Report that an agreement has been reached that will get the signature of Gov. Gretchen Whitmer.

hxxps://www.legalsportsreport.com/36378/michigan-sports-betting-deal/



Wow
Superb news for Xlm

[nofool] 10/12/2019 11:56

When you've finally plucked up the courage to buy some more XLM, they'll be back above 70p again! That's how it goes.

[talygarn tom] 10/12/2019 11:47

If you look at the September presentation I think the strategy is quite clear.

1) They see the long term increase in growth and profitability coming from the development of publishing assets with an "opportunist approach to M&A".

They have already proven that this is the best strategy for developing long term, sustainable growth and improved profitability. This is key.

2) They will "seek to create a broader base of assets in it's core verticals of personal finance and gambling". There is no doubt that opportunities will develop in the US but these will take time to develop and it is not clear at this stage if potential growth here can outpace decline in existing markets as the regulatory conditions tighten. I see the gambling vertical as a neutral until evidence emerges to the contrary.

3) They are looking to expand the personal finance business and are "actively pursuing further growth opportunities". Personally, having studied Stuarts role at Rakuten, I think this is where he may be able to bring opportunities to XLMedia, again I point to the Rakuten deal with Wells Fargo, with a view to balancing and diversifying the business over the medium/longer term.

hxxps://www.xlmedia.com/investor-relations/presentations-reports-documents/

[bookbroker] 10/12/2019 11:41

Whatever, it was a good idea to diversify, putting all your eggs in the gaming basket not necessarily prudent, example of Europe and the reason the share price is where it is. Why did he leave is the question!

[oneillshaun] 10/12/2019 11:12

boobroker - the guy that built the finance side of the business has just left the company so i am not agreeing with your thoughts.

[nofool] 10/12/2019 11:03

No known reason for the recent fall. Charts are screaming "rally", or at least a short term bounce before a rally proper. Great opportunity once again!

[malcolmmm] 10/12/2019 08:58

GAN still seems to be in a better position than XLM even if they have fallen somewhat lately

[bookbroker] 10/12/2019 08:55

Read the last statement, might only be 14%, but that was then, slow, steady progression, but they realise that regulation going to occur in every country, gambling a social ill when you cannot afford to lose, they will wake up in the US that internet gaming will have repercussions when you can play on credit!

[oneillshaun] 10/12/2019 08:41

bookbroker = how did you come to that conclusion?

[bookbroker] 10/12/2019 08:30

Seems this company in transition away from gambling media to more financial services. That has to be positive!

[oneillshaun] 10/12/2019 07:56

ONJohn - you are entitled to your opinion but you are wrong.

[onjohn] 09/12/2019 18:50

O’Neil didn’t they fire you for being useless?

[nofool] 09/12/2019 18:45

Doubled the share price last time!

[nofool] 09/12/2019 17:23

..after which the share price rallied for 8 weeks, almost doubling in price.

[oneillshaun] 09/12/2019 16:57

hatfullofsky - Move your brain back to May Chris Bell made this statement:

At the meeting, Chris Bell, Non-executive Chairman of XL Media, will make the following statement:

"The business continues to trade in line with management expectations with our focus firmly on increasing the Group's exposure to higher margin publishing activities as set out in February 2019.


And then a profit warning followed........

[hatfullofsky] 09/12/2019 16:30

Well it was a poor update in Sept but still value for a £100m company.The Board now expects the Group to deliver revenues of circa US $80 million and adjusted EBITDA to be circa US $34 million, for the year ending 31 December 2019

[squintyflinty1] 09/12/2019 16:13

Still falling.

[talygarn tom] 09/12/2019 16:12

The pound is strengthening against the dollar which is probably not helping.

[jltaylor1001] 09/12/2019 15:48

Looks like a change in sentiment . 900,000 unit seller today . Looks really cheap now

[nofool] 09/12/2019 14:55

Very volatile stock this. Not for the faint hearted.

..so I've gone in again.

[oneillshaun] 09/12/2019 14:15

nofool - or not it really depends what is happening, it well be traffic numbers and revenue are dropping, it could be a key members of the team in Israel are stepping down......

just because the share price has dropped it does not mean it is a good time to add more, i want to see Stuart stick his hand in his pocket even a months salary would be a good start.

[nofool] 09/12/2019 13:14

Great time for PI's to add.