Discussion about this post

User's avatar
Ddaamm's avatar

I read that book this spring, and in June 2024, I made a pre-spin-off purchase. The company, named Gaming Innovation Group (#GIG) before the split, was trading on the Oslo Stock Exchange and NASDAQ Stockholm Exchange. It had two divisions: GIG Media and GIG Platform & Sportsbook. The company split on October 1, 2024. The GIG Media division, which was more profitable, was renamed Gentoo Media (#G2M). The GIG Platform & Sportsbook division is now GIG Software SDB (#GIG-SDB). The latter retained the majority of the board of directors, indicating strong alignment and a vested interest ("skin in the game"). Meanwhile, Gentoo Media remains profitable. Both stocks have declined since the split, but I believe they have huge potential based on the estimated industry CAGR, company performance metrics, and other indicators, if you would like to take a closer look.

Expand full comment
James's avatar

I can see parallels to the situation with WBD today. Looks likely they're going to spin-off the "toxic" networks business from the desirable streaming and studios business.

Expand full comment
6 more comments...

No posts