Hmm 15 posts..I'll give you the benefit of the doubt and just...

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pierre23

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15/11/23

15:43

Post #: 70918900
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Originally posted by g9m: ↑

I've been investing in esports for a few years now across multiple markets, I exited the esports sector last year when I realised that the interest rate environent was going to have impact on the advertising sector. The worst seems to be over and I've started to position back into the sector. I've been researching SHO as one of the few listed esports companies left, completely understand there is some work to be done to get it on track but the potential should not be underestimated. Its been a difficult space to operate so I suspect the company has been trying to carefully manage its cash resources but it won't be very difficult for them to tap into their partnerships to generate significant revenues.

If you look at their 3 key partnerships:
1. Indonesia’s Football Association (a.k.a PSSI), The SportHero Web app is being used as the official site hosting rich content, including access to
video footage of games, events and features of the Indonesian national teams and its players opening up many revshare opps, the rev share opps will include advertising, third-party sponsorship,direct marketing, gamification, merchandise, tickets, premium content etc. With access to a growing fanbase currently at 80m, the potential here is significant;
2. IGVault, enabling SportsHero to distribute iGV.com and providing esports virtual asset trading access across SE Asia, iGV has generated over $1bn USD in revs already;
3. Talon, a leading esports gaming team and media company with over 20 million socialmedia followers in 6 markets in Southeast Asia. International appeal due to the teams links to the Middle East funded PSG.

These partnerships have great revenue potential if the company can start to execute on their plans, revenues will start to growth. I don't have to tell any of you the size of the esports market and its growing appeal. Everyone is always negative at the bottom but its usually the best time to buy. All the msart people in my circles are buying back into the sector.

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Hmm 15 posts..

I'll give you the benefit of the doubt and just give you one piece of advice - go back before they targeted esports and even before they targeted football... go back years and re-read all the announcements, all the partnerships, and all their financial statements.

It paints a pretty easy-to-read picture that nothing eventuates, ever. History is very telling of how the company is run, and how it will continue operating.

Although I can guarantee without a shred of doubt that these guys won't be able to generate much revenue (if any) from this or any similar "partnership", I completely understand that the word of a random on a forum won't mean much -- and I most definitely expect people to DYOR.

I also understand that the hype in their vague announcements can get in the way of competent decision making, so I guess it's just a hard lesson people will have to learn.

PS. esportshero . com is still coming up with security errors because they haven't even renewed the domain SSL... and they're supposed to be a tech company? So much for material revenue when their bread and butter isn't even functional

IMO DYOR.

SHO Price at posting: 2.5¢ Sentiment: Sell Disclosure: Not Held
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1 Great analysis

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