LU7 4.76% 1.0¢ lithium universe limited

What I dont' like about this stock is that it is very dependant...

  1. 312 Posts.
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    What I dont' like about this stock is that it is very dependant on sponsorships. Even with the singtel contract, I can't imagine revenue will be piling up any time soon. It is way too early for them to even think about a subscription service - especially when their competitors don't have them.

    Singtel contract seems in the bag, but what i want to know is what their future plan is. I would like for them to make some acquisitions/mergers e.g with Garena, esports.com They also need to attract some partnerships in the western world.

    I find their website to be very 'commercial'. if you compare it to esport.com or Garena - it's lacking. It doesn't 'invite' me in. It lacks that gamer vibe and passion from the website/management.

    anyway, i would like to hold for at least another year so i can take advantage of the capital gains discount, but i'm weary.

    I will be very interested in what lies ahead beyond the Razer/Cloud/Singtel alliances.
 
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