Well I think it has the potential to have a positive effect and whip up a storm in the share price, but I can't say that management wouldn't need to thread the needle and hit one out of the park.
We have the revenue growth story in the bag, the growth percentage YoY is phenomenal and should garner attention. I dare say we should be nominated or self-nominated for any applicable awards and accolades such as Deloitte's Tech Fast 50.
But where the revenue is the pancakes, the vision is the ice cream and maple syrup. ICI must drench the presentation with a vision about where they are going, and it must be exciting. Beyond exciting. We can be ground-breaking. I believe the acquisitions are highly strategic and have given us the tools and capability to build and deliver. And the change of tack from Play-to-earn to Pool-to-play is a Eureka moment for web3 games, and can accelerate the revolution.
I don't have a lot of confidence that they nail the presentation, but I am damn sure in for the ride. Despite not having heard much recently, this is a magic-moment where we could see the share-price move from undervalued to overvalued. The WFH revenue says we have proven we are a cash generating business - we're not a dreamy-eyed start up - and a great vision can show the upside. Future value can get baked into the SP.
I'll be bold tonight with a few predictions:
1. Vanilla annual report and a presentation that only summarises 2022 - I think we stay in the dirt at ~$0.04 - ~$0.06 until we launch something material to market.
2. Decent annual report and a good presentation that offers some outlook for various projects - ~$0.08 - $0.11. The upper range also maybe helped by external factors, market edging bullish, inflation dropping etc.
3. A solid annual report that couples great revenue growth with sound reasoning and positive rationalisation of key areas such as completing acquisitions, SBB, market conditions. And a presentation that is truly visionary. Show us where the pieces are currently positioned on the chess board and show the market that we are going to take the world by storm. - $0.12 - $0.20
Best of luck to all
ICI Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
