Gfinity Investment Opportunity
Gfinity is an international esports company based in London, England. Founded in 2012, it develops and delivers esports experiences and strategies for game publishers, sports rights holders, commercial partners and media companies. Partnerships have included Formula One, the Premier League, Microsoft, Activision Blizzard, Amazon.com, BT Sport and Sky. The company is listed on the London Stock Exchange's Alternative Investment Market.
Alongside its esports business, Gfinity launched Gfinity Digital Media (GDM) in 2020, which comprises six websites focused on gaming and technology news and features. The Gfinity community has been built over time through online tournaments, professional events and its owned competition platform, the Gfinity Elite Series, which was broadcast through linear and digital channels until 2019. The company launched its first subscription service, Gfinity Plus, in July 2020. Wikipedia
The reason we are so interested in Gfinity is that the current price is extremely low, compared to their previous prices over the years. But the business has been in decline since September 2017, until March 2020 where we saw a low of just 0.30p. Since then the price has rebounded up too around 4.5p in today's market.
One of the biggest reasons for the turnaround was the stepping down of Gfinity CEO, Graham Wallace & Executive Chairman Garry Cook. They were replaced by John Clarke & co-founder Neville Upton respectively.
Since then they have announced various new partnerships with international businesses, including Abu Dhabi Motorsport Management, Willow TV & the F1 eSports Series.
As well as creating a brand new digital media group within the business, Gfinity Digital Media (GDM).
So we are convinced that the Gfinity stock is only going to rise, as we all know the esports industry certainly inst going away anytime soon, and with the increase in investments and partnerships, the Gfinity brand has certainly got a lot of room for growth.
We purchased the stock at around 4.3p last week, which will be covered in February Investment breakdown, and we expect to see a surge in share price over the next few months, and ultimately we fully believe the stock has the capacity to increase by 100%+ over the next 12 months.