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FDEV Frontier Developments Plc

208.50
2.50 (1.21%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Frontier Developments Investors - FDEV

Frontier Developments Investors - FDEV

Share Name Share Symbol Market Stock Type
Frontier Developments Plc FDEV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.50 1.21% 208.50 16:35:04
Open Price Low Price High Price Close Price Previous Close
204.00 204.00 214.50 208.50 206.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 12/4/2024 07:29 by koypetition81
In 2021,2020,2019 50p EPS was base case. If we return to this with cost cuts and Planet Coaster 2 this is trading below 5x Earnings... hxxps://www.frontier.co.uk/investors/financial-information
Posted at 23/1/2024 17:35 by parob
Well a close above 150p is encouraging. Hopefully bottom is in and share price will move up to close the gap on the chart up to 200p for starters.Recommend any potential investors watch the recent result's presentation:hTTps://www.frontier.co.uk/investors/fy24-interim-financial-results-presentation
Posted at 04/1/2024 15:25 by yankhanson
lyndley on Realms of Ruin, "I suppose fdev are now in that weird position again, wondering whether if it makes business sense to continue to support it."

FDEV is out of comfortable options. I predict it will do the same as last time, with its previous PC multiplayer combat game. Withdraw support, turn off the servers making all live copies of the game unplayable, then lie to investors that it is "continuing to support the game".

Adding another nail in the coffin of this management's credibility.
Posted at 23/12/2023 00:34 by jfbonner
Oh give it a rest YH/AAAA11111/Biglittle. They obv did a smart move firing you seeing as you’ve ground this axe for 8 years 😆. Try and enjoy Christmas. share price is coming back m, you waste your time on investor forums when you are not an investor. All the work you put into your salty posts could be so much more positively spent elsewhere.

Try and enjoy Christmas. I’m sure you got rehired somewhere else. This is an investor forum. Let us know a good company to invest in! You obv have the smarts.

Happy Christmas my friend
Posted at 14/12/2023 17:11 by mortal1ty
I was too early on this one. Already down 25%.

That said, the last 5 days we have seen almost 11 million shares change hands. I think that is almost 25% of the share count.

Assuming David Braben and Tencent aren't selling... implies almost 35% of the free float has changed hands.

Last time I saw volume like this it was with Inspecs, and the shares jumped 100% soon after (albeit with a reasonable trading update). Basically every seller who wants out can get out. Massive capitulation across the board.

Meanwhile, other, longer-term investors see a bargain and want in, building a foundation for the future.

This was the volume / liquidity event I was waiting for, but wasn't sure I would see.

...and finally directors buying, although would like to see more.
Posted at 05/12/2023 23:36 by yankhanson
"How does a company share price go from £34 down to £1.30? Can anyone explain"

The key to understanding is the £34, not the £1.30. At £34, FDEV was a balloon inflated by hype, pumped by newspaper tipsters, analysts etc..... whilst quilted from red flags that unravelled when the game market renormalised post-COVID, and oops, game buyers once again would not buy sub-standard product.

The immediate cause of FDEV's fall is just one thing. The major investors lost confidence in management. Said management then proved them right with flop after flop, warning after warning, and most damning of all, total failure to spot each obviously foreseeable disaster ahead. The real damage done by the latest game Realms of Ruin is not the flop, but the fact management actually really genuinely sincerely believed it was going to be a massive hit, worth their biggest development spend ever, right up to the moment of the launch day memo saying the number of people buying the game was ... virtually zero. Further, after each disaster they compounded the error by showing total lack of contrition. If they'd admitted they'd done a bad job, then investors might take seriously their promises to do better. But no, they always push the blame onto external factors such as competition, spending power, which is fatal, because that is the one type of thing on which management can never do better.

This is why no amount of promised remedial action by this management is going to arrest the share price fall, let alone recover the loss. They have proven to the market that nothing they say should be trusted. This will be solved only by the departure of David Braben and friends, to make room for untainted replacements who can start rebuilding trust.

How ironic it is then that the only recent board departure was its most valuable member, Chairman David Wilton, a long-time industry star, fresh from the biggest AIM game company sale ever... but sticking with Frontier only for one year. And how telling it is that the best replacement Frontier could find was a nice lady who has zero management experience of the games industry.

I predict share price will drop to double figures by end January, soon after which management will be forced to face the cash crisis and will do a dilutive cash raise, or delist and take private, or both.
Posted at 05/12/2023 15:35 by fuji99
Apart from GAW, all gaming stocks down. For FDEV, IMO the reason for this non-stop decay is the fact they kept downgrading their projections in series. So the market won't believe any promise from them anymore until they start delivering real numbers. Adding to it the chairman departure; this does not inspire any confidence in investing in this company. So PI's are selling what they can sell and buyers will come back only when they witness some well established business discipline and seriousness. When investors start not taking a company seriously, then confidence takes times to return. IMO this is what's happening.
Posted at 28/11/2023 11:11 by mortal1ty
The market is forward looking right. So over the next 6 months, the market will be looking what is 6 months out from there.

So to your question, over the next 6 months, I believe investors will start considering what is on the horizon over 6-12 months from now.

We know they have a game release in FY25 (May24 onwards). So that should fall firmly in that 6-12 month window. That game should be a decent content management sim, maybe a Planet Coaster 2 etc.

A low risk game like that will give investors confidence that they aren't facing an immediate flop. It might even push sales back up towards £100m.

Either way, this business should stabilize and start growing again. That pushes the business from 0.5x EV/Sales (distressed) to 1.0x EV/Sales (cheap). That should be enough for a bounce to £3 ish.
Posted at 20/11/2023 23:12 by yankhanson
74tom, those Realms of Ruin costs were disclosed in the last investor call. hxxps://www.frontier.co.uk/investors . 45:12 £20m minimum dev costs, 47:56 £3-4m launch costs.

Robertox87, I too am sick of everyone here talking about me. It's the same at parties. Hey, what's a guy to do??
Posted at 07/9/2023 09:54 by melloteam
Just to let shareholders and prospective investors know that Frontier Developments will be discussed on the Mello BASH (Buy, Avoid, Sell, Hold) with a panel of analysts and professional investors during the MelloMonday webinar at 5pm on Monday 11th September 2023.

Team Internet will also be presenting.

There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

For more information, click here:

Mello Events have many events coming up over the next few months, check them out here:

You can get 70% off their Oct- Nov 2023, giving you access to all events until the end of October (at least 9), as well as the archive events and exclusive partner discounts! Use code NOVAP70

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