Turmiolan Tommi kirjoitti:

Joskus sokea apinakin osuu tikkatauluun. Nyt on vain pari vuotta käynyt hyvä tuuri. Ei tarvitse mennä kovin pitkälle ajassa taaksepäin, kun repertuaarista löytyy sangen toisenlaisia osumia. Salkussa on esimerkiksi ollut Rentechin, Zamanon ja Flyben kaltaisia pörssitähtiä niiden poistuessa julkisen kaupankäynnin piiristä. Googlaamalla selviää, ettei kyseisistä yhtiöistä saanut Aspiren kaltaista ostotarjousta ;) 

Meissä on jotain samaa. Itselläkin komeilee yhä edelleen Rentech nordnetin salkussa -100% tuotolla ja flybestäkin taisin -80% ottaa. :)

Embracerilta uutisia ja kurssi kimpaisi 96 kruunuun. Tiedote ei itselle auennut aivan täysin ja viisaimmailta olisi kiva kuulla kommenttia! Tässä se kokonaisuudessaan:

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

INSIDE INFORMATION: Embracer Group AB (the "Company" or "Embracer Group") has resolved to carry out a directed share issue of approximately 99.9 million B shares at a subscription price of SEK 103.47 per share (the "Share Issue"), corresponding to a premium of 15.0 percent compared to the closing price of the B shares on 7 June 2022. The proceeds from the Share Issue amount to approximately SEK 10.3 billion. The shares will be issued to Savvy Gaming Group ("SGG"), which upon settlement of the Share Issue will hold approximately 8.1 percent of the shares and 5.4 percent of the votes in the Company.

"Embracer is comprised of passionate people and entrepreneurs with ambitious long-term visions. Our decentralized operating model empowers people, fosters autonomy and speed, and creates sustainable organic synergies across the group ecosystem. Our strategy includes having a diverse range of forward-looking shareholders who support our long-term business plans. Savvy Gaming Group's investment of $1B enables us to continue executing our strategy proactively from a position of strength across the global gaming industry. Over the past few years, Saudi-based entities have become one of the most significant investors in the global gaming market, and the games market in MENA is one of the world's fastest growing, with $5.7B in 2021 revenues and more active gamers than either the US or Western Europe. The largest country in this market, by far, is Saudi Arabia, and having visited Saudi Arabia, I have seen the gaming community and the opportunities firsthand. Our relationship with Savvy Gaming Group will enable us to set up a regional hub in Saudi Arabia, from which we will be able to make investments across the MENA region, either organically, via partnerships, joint ventures, or via acquisitions of companies led by strong entrepreneurs." says Lars Wingefors, Founder and Group CEO of Embracer Group

"Savvy Gaming Group has committed to invest heavily in the games and esports industry and to materially strengthen the global games community. This investment in Embracer Group is a starting point for a long-term commitment to the company. The Embracer team has built a truly unique and leading ecosystem of entrepreneurs and creators at a scale which we believe will continue to generate enormous value for the games community in the coming years. We are very much looking forward to strengthening our relationship and supporting Embracer as they execute on their global strategy." says Brian Ward, CEO of Savvy Gaming Group

The Share Issue

The Share Issue in short:

* The subscription price in the Share Issue is SEK 103.47 per share and has been determined by the Board of Directors of the Company following arm's-length negotiations with SGG based on the current share price of Embracer's B shares. The subscription price corresponds to a premium of 15.0 percent compared to the closing price of SEK 89.97 on 7 June 2022 for Embracer's B shares on Nasdaq First North Growth Market.

* The Share Issue consists of a total of 99,884,024 B shares and will be divided into two tranches where one tranche corresponding to 47,115,105 B shares will be resolved by the Board of Directors based on the authorization granted by the extra general meeting on 7 January 2022 and subject to payment and settlement in June 2022. It is envisaged that the second tranche, corresponding to 52,768,919 B shares, will be subject to resolution, subscription, payment and settlement during July / August 2022. Since the board utilizes the whole current authorization from 7 January 2022, the board will summon an extra general meeting shortly following the publication of this press release.

* Through the Share Issue, the Company will receive gross proceeds of approximately SEK 10.3 billion, before transaction costs.

Through the Share Issue the Company further strengthen its institutional shareholder base with a significant long-term shareholder. SGG has agreed, with customary exceptions, to a lock-up of 360 calendar days after 8 June 2022 with the clear intention to be a long-term shareholder and to continue to support Embracer's future growth and M&A ambitions.

Use of proceeds

The Company intends to use the net proceeds received from the Share Issue to further strengthen the Company's financial position, which will enable the Company to continue executing its successful acquisition strategy by complementing existing operations with new game publishers, game development studios or other assets.

Deviation from shareholder preferential right

The Company's Board of Directors has made an overall assessment and carefully considered the possibility to raise capital through a rights issue, but considers that it, for example, would entail a risk that the Company cannot provide for its capital needs and at the same time maintain an optimal capital structure. Furthermore, certain major shareholders, including Lars Wingefors AB[1], have notified the Company that they do not support a rights issue, since it for example (due to an expected customary substantial discount in rights issues, particularly in this volatile and difficult market) would entail a large dilution for the shareholders compared to the Share Issue. As the Share Issue is concluded with a premium of 15.0 percent compared to the closing price of SEK 89.97 on 7 June 2022 for Embracer's B shares on Nasdaq First North Growth Market and also, among other things, will (i) provide the Company with a significant and reputable long-term shareholder, (ii) further strengthen the Company's financial position to enable the Company to continue executing on its successful acquisition strategy in general, (iii) be conducted in a more time efficient way and at a lower cost and with less complexity than a rights issue, and (iv) the value of a strong balance sheet in the current market situation, the Board of Directors' overall assessment is that the reasons for carrying out the Share Issue overweigh the reasons that motivate the main rule that share issues are to be made with preferential rights for the shareholders. Therefore, the Board of Directors considers that there are strong reasons for deviating from the shareholders' preferential rights and that the Share Issue is also in the best interest of both the Company and its shareholders.

Dilution and changes in share capital, number of shares and votes

The dilution of the Share Issue is approximately 8.1 percent of the number of shares and approximately 5.4 percent of the number of votes in Embracer Group. Through the Share Issue, the number of shares in the Company will increase by 99,884,024 to 1,234,849,852 and the number of votes will increase by 99,884,024 to 1,836,034,318 (in total 1,234,849,852 shares, divided between 66,798,274 A shares and 1,168,051,578 B shares following the Share Issue). The share capital will increase by approximately SEK 138,727.84 from approximately SEK 1,576,341.76 to approximately SEK 1,715,069.60

hode kirjoitti:

Sampo -9% ...mitä tapahtui?

Reilu 4 euron osinko irtosi.

Gaming company Embracer's fourth-quarter report has been commented on by several analytics houses during Thursday morning.

Among these is Handelsbanken which says the quarterly figures were of high quality and are likely to lead to uprevisions to the estimates for the 2022/2023 fiscal year.

What in particular stands out is turnover which was substantially higher than expected, and can be referred partly to recently acquired board game giant Asmodee. In the negative wave bowl there is that the company's new game releases will contribute in Q2-Q4 of the current fiscal year, meaning expectations for the first quarter are likely lowered.

Handelsbanken expects the Embracer stock to develop strongly as a result of the low valuation.

In addition to Handelsbanken, Kepler Cheuvreux also chooses to point out the strong turnover over the period. A plump in the minutes, however, is that organic growth in the Games segment was -34 per cent, significantly worse than Kepler's estimate of -13 per cent. Kepler repeats the purchase with the directional price 135 SEK.

Embracer's turnover even beat Redeye's forecasts by 18 percent. What Redeye attaches its gaze to is the mobile device's performance in the period.

“Organic growth at pro forma level amounted to an impressive 43 percent. This should be seen in contrast to the overall mobile market, where organic growth was -7 per cent in the first quarter, according to SensorTower,” Redeye writes.

After Embracer repeated his guidance and based on how the report fell out, Redeye is only expected to fine-tune his estimates it is stated.

Embracer is down 1.8 per cent after a quarter of trading after initially falling clearly more than that.

TLDR; Handelsbanken toistaa 135 kr targetin.

Embracerilta tänään osari. Taisi mennä aika nappiin odotusten kanssa.

Punasilmän ennustus: We forecast operating EBIT to grow 16% y/y and reach SEK 1,048m (904),
 

Toteutunut: Embracer Group publishes Interim Report Q4, January-March 2022: OPERATIONAL EBIT INCREASED BY 17% TO SEK 1,052 MILLION

Ledger on turvallisin koska se on "kylmäsäilytyksessä". Sisältää hieman opiskelua, koska pitää selvittää miten se laite toimii, laittaa seed phraset talteen (jolla voi palauttaa oman ledgerinsä jos jotain tapahtuu). Säätöön menee ehkä puoli päivää, jos kaikki on uutta ja vaatii henkistä efforttia. Siellä pysyy kuitenkin kaikista parhaiten tallessa.

Metamaski ei ole niin turvallinen, jos ei käytä siihen ledgeriä, koska muuten joku voi huonossa tapauksessa kalastella metamaskin seed phrasen ja tyhjentää lompakon. Ilman ledgeriä olet vain salasanan varassa. Coinmotionillakin taitaa olla "holvi"palvelu, joka sitten maksaa jotain extraa. Sitten voi toki välittäjälläkin säilyttää jos haluaa esim steikata (esim. binance), tai muuten vaan luottaa välittäjään.

Itsellä käytössä binance sekä ledger.

Mielestäni se on enemmän pelottavaa, että on näin paljon  vipua markkinoilla edelleen. Jos paniikki jatkuu ja yltyy vielä tästä, niin kryptojen kaltainen kapitulaatio olisi aivan katastrofaalista pörssissä. En halua maalata piruja seinille, mutta ainut tapaus, jossa näen indeksien laskevan toistakymmentä prosenttia (nopeasti) liittyisi nimen omaan tämän lainamäärän alenemiseen. Siinä vaiheessa kun evot laskevat 600 sek ja jengillä vivut käytössä niin riski likviditoinnista nousee nopeasti..

Periaatteessa on riskinä että tuularit menettävät suuren osan omaisuudestaan isoille pelureille. Onhan näitä historian aikana ikävä kyllä nähty.

PS: itselläkin lainaa käytössä ja vakavasti harkitsen sen nollaamista

Ihmettelin samaa. Nordnetin mukaan Citigroupi dumpannut isosti:
Citigroup Global Markets Europe −1 010 9320

Samaan aikaan Embracer laajensi jälleen liiketoimintaansa.

Gaming company Embracer acquires game development studios Crystal Dynamics, Eidos Montreal and Square Enix Montrea, as well as a brand catalog including Tomb Raider and more than 50 catalog games from Square Enix Holding, among others. It appears in a press release.

The purchase price amounts to $300 million on a cash and debt-free basis.

“We are very excited to welcome these studios to the Embracer Group. They have great brands, creative talents that hold world-class and, moreover, have demonstrated an ability to consistently exceed expectations over the past few decades. It has been a real pleasure to meet with the company's management to discuss how they can realize their ambitions and become an important part of Embracer,” comments Lars Wingefors, co-founder and CEO, Embracer Group.

The transaction is conditional on certain regulatory and other external approvals and is expected to be completed in the second quarter of Embracer's fiscal year 22/23 (July-September 2022).

Philip Lindkvist

News agency Finwire

Tietääkseni kulta ETF on hieman rajallisesti saatavilla. Olen itse omistanut WisdomTreen Physical Gold -lappua.

" WisdomTree Physical Gold (PHAU) is designed to offer security holders a simple and cost-efficient way to access the gold market by providing a return equivalent to the movements in the gold spot price less the applicable management fee. PHAU is backed by physical allocated gold held by HSBC Bank plc (the custodian). "

Disclaimer: en ole perehtynyt lappuun sen enempää.

Artsipappa kirjoitti:

 

A kirjoitti:

Siinä ei ole mitään asiallista, että tullaan huutelemaan esimerkiksi median jo vuosia sitten keksimiä ja toistelemia tuhat kertaa debunkattuja höpöjuttuja ketjuun. Sellaiset "näkemykset" eivät ole asiallisia. Tällaisiin lukeutuu mm. sähkön käytön mielekkyyden "kyseleminen" yleisesti ottaen viitaten Bitcoinin sähkönkäytön olevan turhaa, Bitcoinin sähkönkäytön vertaaminen jonkun valtion sähkön tai energian käyttöön, "Bitcoin ei ole toteuttanut <luvattu narratiivi>, joten se on <jotain negatiivista>", "Bitcoin tullaan korvaamaan tulevaisuudessa paremmalla ratkaisulla", "Bitcoin on vanhaa teknologiaa eikä kehity" ymv.
Toisaalta en usko, että olet edes lukenut viestejä juurikaan, kun tulkitset että tässä on postailtu jotain uutislinkkejä tai että keskustelu olisi tasavertaista juupas-eipäs -kinastelua.

 

Siis hetkinen. Oletko sitä mieltä että Bitcoinin sähkönkulutuksesta ei saa enää puhua koska joku on mielestäsi sen "debunkannut"? Sähkön käytön mielekkyyttä saa ja täytyy voida kritisoida. Se onko mielekästä verrata sitä jonkun maan sähkönkulutukseen on jossain määrin relevantti pointti, mutta yleensä se tehdään vain jotta sähkönkulutukselle saadaan jotain vertailukohtaa. Monelle ei kerro paljoa jos sanotaan että bitcoin kuluttaa 100 terawattituntia vuodessa. Helpompi verrata johonkin.

Ja miksi ihmeessä ei saisi tuoda esille että Bitcoin piti olla sitä ja tätä, mutta ei ole? Tai että Bitcoin voidaan joskus korvata paremmalla..? Koska se voidaan. Ei toki ole varmaa, mutta täysin absurdia sanoa ettei näistä saisi keskustella. Herää nyt A.

Tulee olo että haluat lakaista maton alle asiat jotka bitcoinissa on päin helvettiä.

Artsipappa, Tinggeli, fyrckendahl ym. olette aivan oikeassa ajatuksissanne sähkönkulutuksesta ym. ongelmista Bitcoinin kanssa. Ongelmana on vain se, että annatte keskustelussa kuvan, että esimerkiksi bitcoinin korvaantuminen, jollain toisella valuutalla olisi suhteellisen todennäköistä. Oma henkilökohtaisesti annettu todennäköisyys sille on <1% seuraavan 10 vuoden aikana. Toki mikä vain on teoreettisesti mahdollista, muttei välttämättä kovin todennäköistä. Lopulta suurimmalle osalle kryptoissa oleminen on syy tehdä rahaa. Ne ovat historiallisesti kenties suurin rahansiirto "rikkailta köyhille". Tällöin otan itse mielelläni laskelmoidun riskin kryptojen alas menemisestä, koska Risk Reward on todella hyvä. Toinen asia on sähkönkulutus. Tuntuu että sille annetaan todella paljon painoarvoa. Kyseessä ei nyt kuitenkaan ole mikään järjetön sähkönkulutus vaan ~0.5% maailman sähkönkulutuksesta (syksyllä 2021). Jos luku olisi esimerkiksi 2.5- 5% niin pitäisin itsekin sitä jo ongelmana.

Mikä on teidän mielestä hyväksyttävä energiankulutus? Vaikka bitcoin kuluttaa yhtä paljon sähköä kuin Suomi, niin en silti pitäisi sitä globaalisesti kovin suurena. Ymmärrän toki logiikan "turhasta", mutta kuten aikaisempi kirjoittaja totesi: ei kaikesta tarvi tehdä ongelmaa, jos se ei ole ongelma. Tietynlaista cancel-kulttuuria, jos annetaan sähkönkulutuksen olla se ratkaiseva tekijä kryptoissa, joka päättää ovatko ne nyt OK vai EI. Toki tämä varmasti ajaa toimijoita tekemään vihreempiä valintoja, joka on hyvä juttu.