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The best stocks to buy since 1993

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XLMedia

August 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • XLM
  • Price:
  • 33p
Finally it’s coming together for XLM with H1 sales substantially ahead of forecast, up from US$32.2m to US$44.5m. Adjusted EBITDA will be up 59% to US$10.5m. Net cash stands at US$17.7m.Having made the strategic acquisitions of CBWG in Dec’20, Sports Betting Dime in March’21 and Saturday Football Inc in Sept’21, sports revenues amounted to US$34m or 76% of sales. The most exciting bit, US sports betting, grew five fold to US$30.2m so is now 68% of the group’s sales. Meanwhile the legacy casino and bingo vertical, which was “shrunk to recover” in the past two years, has stabilised on sales down a third at  US$8.4m.21 US states including NYC now permit onshore sports betting versus 15 states only a few months ago and others are ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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