Detailed Quote
5i Report
Review of Enthusiast Gaming Holdings
APR 18, 2023
- With EGLX's negative operating results, we think the path to profitability now becomes much longer
than expected. We also think there are other attractive opportunities in the current market that we would prefer to place our focus on. As such, we are dropping coverage on Enthusiast Gaming Holdings (EGLX).
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Algonquin Power & Utilities Corp. (AQN)
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Enthusiast Gaming Holdings Inc. (EGLX)
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illumin Holdings Inc. (ILLM)
Q: Hello
I have 3 x 5i recommendations I should probably move on from AQN (- 68%),
EGLX (- 98%) and ILLM (-81%).
With the remaining combined funds I would need a 350% to recoup the loss back to even - assuming a 5yr min hold what would be 5is thoughts be for sector and position choice to reallocate ? I d prefer these be positions your moderators in fact own.
I have 3 x 5i recommendations I should probably move on from AQN (- 68%),
EGLX (- 98%) and ILLM (-81%).
With the remaining combined funds I would need a 350% to recoup the loss back to even - assuming a 5yr min hold what would be 5is thoughts be for sector and position choice to reallocate ? I d prefer these be positions your moderators in fact own.
Q: EGLX an obvious disappointment. Are there other favoured e-sports, gaming streamers out there anywhere? Shifting my Comms allocation away from Cdn telcos to more positive prospects apart from GOOG and TMUS.
Q: Can you reflect on their q3. I know it's not great but does the first time ever positive ebitda give it a heartbeat if the trend continues.
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