Original-Research: Media and Games Invest plc - von First Berlin Equity Research GmbH
Einstufung von First Berlin Equity Research GmbH zu Media and Games Invest plc
Unternehmen: Media and Games Invest plc ISIN: MT0000580101
Anlass der Studie: Update
Empfehlung: Buy
seit: 07.05.2021
Kursziel: 5,80
Kursziel auf Sicht von: 12 Monate
Letzte Ratingänderung: -
Analyst: Ellis Acklin
First Berlin Equity Research hat ein Research Update zu Media and Games Invest plc (ISIN: MT0000580101) veröffentlicht. Analyst Ellis Acklin bestätigt seine BUY-Empfehlung und senkt das Kursziel von EUR 6,10 auf EUR 5,80.
Zusammenfassung:
Media and Games Invest (MGI) hat eine direkte Ausgabe von 20.930.232 Aktien
für einen Bruttoerlös von SEK900 Mio. (€88,2 Mio.) abgeschlossen. Die im
beschleunigten Bookbuilding-Verfahren durchgeführte Emission war von
schwedischen und internationalen Anlegern zu SEK43 je Aktie überzeichnet.
Wir haben kürzlich unsere Prognosen nach besser als erwarteten
Q1/21-Ergebnissen - das organische Wachstum übertraf unsere Ziele - erhöht.
Angesichts der gut gefüllten Deal-Pipeline erwarten wir, dass das
Unternehmen in naher Zukunft die frische Liquidität einsetzen kann. Die
Verwässerungseffekte der höheren Aktienanzahl führen zu einem Kursziel von
€5,80 (alt: €6,10). Wir bestätigen unsere Kaufempfehlung.
First Berlin Equity Research has published a research update on Media and Games Invest plc (ISIN: MT0000580101). Analyst Ellis Acklin reiterated his BUY rating and decreased the price target from EUR 6.10 to EUR 5.80.
Abstract:
Media and Games Invest (MGI) has completed a direct issue of 20,930,232
shares for gross proceeds of SEK900m (€88.2m). The issue was oversubscribed
by Swedish and international investors at SEK43 per share, following an
accelerated book-building procedure. We recently upped our forecasts on
better than expected Q1/21 results with organic growth overshooting our
targets. Based on the full deal pipeline, we expect the company will be
able to put the fresh liquidity to work in the near future. The dilutive
effects of a higher share count result in a €5.8 price target (old: €6.1).
We remain Buy-rated on MGI.
Bezüglich der Pflichtangaben gem. §34b WpHG und des Haftungsausschlusses siehe die vollständige Analyse.
Die vollständige Analyse können Sie hier downloaden: http://www.more-ir.de/d/22419.pdf
Kontakt für Rückfragen
First Berlin Equity Research GmbH
Herr Gaurav Tiwari
Tel.: +49 (0)30 809 39 686
web: www.firstberlin.com
E-Mail: g.tiwari@firstberlin.com
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