welcome to 2023! SP prediction, analysis discussion thread, page-4

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crazydave1942

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04/01/23

15:25

Post #: 65528167
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Originally posted by Sanami: ↑

I suspect that the SP could return to 10-15c in the next 2 months on the basis of:

Another strong quarterly to close out the calendar year.
A great annual report with shareholder update, and,
Resumption of the share buy back.

Then through the course of 2023 I would add in the following factors:

The potential for inflation to be corralled and the market sentiment to trend positive
The potential for the Web3 and Crypto sector to regain momentum and hype
The potential for the gaming technology sector to turn bullish
Added revenue that comes in the form of work-for-hire and contracts
Added revenue from the Froyo deal - pursuant to 2.
Added revenue from the successful launch and distribution of major games with unfathomable reach, particularly in SEA
The brand hype and investor interest garnered from the new games and platforms in market

If our annualised run rate of revenue is $40m today, what will it be in 12 months time if 3 or 4 or 5 of the above factors are impactful. $100m?

@FingerLicking Bless your good work here as usual. Although your calculations for SP are rational, and I am too often seeing share prices telling a different story to the fundamentals, for better or worse.

So for good reasons, but reasons hard to justify on a spreadsheet today, I'm going to predict that we achieve a $400m market cap in 52 weeks. If it happens, it will more than likely jump up quickly in a couple of bursts because as we know share prices typically rise fast and fall slow.

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I agree with lots i doubt the buyback will resume but

That has been stopped in my opinion to save SH funds.

I also think they will be moving forward on a few projects so they're not concerned about wasting millions on buybacks.

Only 20m in the bank which seems like heaps but like anything if spending isn't controlled it all disappears.

A few more acquisitions might be on the cards as well. Kin loves a few acquisitions so that money might be saved for them.

All in my opinion
ICI Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $30.93M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.1¢	$53.93K	2.527M

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No.	Vol.	Price($)
6	475155	2.1¢

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Price($)	Vol.	No.
2.3¢	50000	1

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No.	Vol.	Price($)
6	475155	0.021
6	1115959	0.020
2	710315	0.019
3	510000	0.018
3	500000	0.017

Price($)	Vol.	No.
0.023	50000	1
0.026	122201	1
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0.028	35642	1
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welcome to 2023! SP prediction, analysis discussion thread, page-4

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welcome to 2023! SP prediction, analysis discussion thread, page-4

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