Games Workshop Share Discussion Threads

[essentialinvestor] 24/9/2015 07:20

My own share price target price is £7 + for 2016-2017.

However it's the very high income pay out which is the main attraction
in my holding GAW.

[mozy123] 23/9/2015 19:28

New blood bowl game for xbox and play station should also help.

[essentialinvestor] 23/9/2015 13:56

Good to see the CEO adding shares last month plus reinvest the dividend.
Lower commodity prices hopefully margin supportive in their manufacturing operations.
Ruffer now have a 10% holding I notice.
Age of Sigmar may provide an added catalyst for future revenue as mentioned.

[trident5] 21/9/2015 23:26

If you want to spend an evening reading about GAW - you might find this article and the many responses interesting:

[...]

[nod] 20/9/2015 21:49

The strength of the USD should offset the continued weakness of the EUR. If US sales have continued to grow then there should be a net gain.

[nod] 20/9/2015 21:36

We should get an IMS trading update soon.

[nod] 18/9/2015 06:17

Excellent publicity for Pixel Toys' 40k game and is bound to help their sales. Who wouldn't want to try it on their new iPhone 6 after watching the demo?Pixel Toys is a UK indie developer. The CEO, Andy Wafer, this week called the 3D Touch, A9 chip and iOS 9 a game changer.

[mozy123] 17/9/2015 17:00

looks good!

[woozle1] 17/9/2015 11:14

Re the Apple launch, no need to watch the whole thing and just go to 1hr37m.
W

[woozle1] 17/9/2015 10:59

New WH40k game previewed at the new Apple 6s launch .. Amazing publicity and worth the watch!
W

[woozle1] 23/8/2015 17:38

My son tells that Age of Sigmar outselling 40k at his local store. Could explain why the CEO bought stock recently.
W

[nod] 17/8/2015 22:46

Yes they do. It must be difficult to reliably validate sales of mobile and online games and the online games are a very low price compared to console and PC games. The revenue from licensees has been quite low in recent years at 1 million or so, but has been over 3 million in previous years. This includes other games and not just software.Here's how the company explains the revenue:"Royalty income is recognised in the income statement when it can be reliably measured by reference to the underlying licensee performance, after allowing for expected returns and price protection claims, as notified to the Group by the licensee and following validation of the amounts receivable by the Group. Cash received as guarantees and advances are deferred on balance sheet whilst it is considered probable that future royalty earnings will at least equal the amounts received. Such amounts are recognised in the income statement at the point at which they are earned as royalties. In the event that it is no longer considered probable that future royalty earnings will at least equal the guarantees and advances received, the guarantee and advance payments are taken to the income statement on a straight line basis over the remaining term of the licence agreement.

[mozy123] 17/8/2015 21:18

Do they not get royalties?

[nod] 17/8/2015 20:58

GAW licences the IP to games developers (heaps of them) but doesn't benefit from the success of any game - other than the best games will draw some new customers into the models and in-store table-top gaming.

[mozy123] 17/8/2015 19:26

the footage of the up coming total war warhammer game look amazing - going to be a hit that one!

[woozle1] 17/8/2015 17:11

my son, Fantasy was heavily biased towards existing players with large armies, which defo deterred to entrants to the game. Also simplifying the rules will make it more accessible.

I also think it's time for the company to revisit its attitude to publicity and marketing. The internet and the proliferation of digital channels has made it much easier to segment audiences and to be more targeted in advertising.

Hopefully, TK moving on will facilitate changes to drive the business forward. The cost base has been paired to the bone and it's time for the company to start driving revenue growth that's driven by volume and not price increases.
W

[woozle1] 17/8/2015 17:06

The jury is still out on the Age of Sigmar but my gut tells me it will be OK. WH fans have all been heavily resistant to change. When the company replaced the metal with plastic there was a big outcry. Talking to

[nod] 13/8/2015 23:41

Encouraging that Kevin Rountree is putting up another 22,900 pounds of his money to buy shares. A vote of confidence that the changes are good for the share price

[nod] 06/8/2015 22:03

20p ex-divi today. Only a few thousand shares sold.

[nod] 04/8/2015 22:14

A good rally of 13% since the results and up 100p (20%) on the low point six months ago. I suppose there may be some selling ex-divi. GAW is tightly held and moves quite sharply either way on thin volume.

[mozy123] 28/7/2015 13:14

Licensing

In the period we signed 17 new deals and have 44 contracts currently in place to produce more than 50 interactive products. Reported income is split: 52% traditional PC games, 27% mobile and 21% card, board and role-playing game licences. 37 new products were released in the period. We also announced a major tie up with SEGA to develop a real time strategy game 'Total War: Warhammer'.

Useful 20p dividend as well!

[woozle1] 27/7/2015 20:49

The Age of Sigmar was developed under Kirby. my son who was initially outraged by the end times is now asking for the starter set for Xmas. He's not allowed to play fantasy with new players at his local WH shop. Also I'm liking the new branding of the shops. An overdue refresh !

[woozle1] 27/7/2015 20:46

The Age of Sigmar was developed under Kirby. my son who was initially outraged by the end times is now asking for the starter set for Xmas. He's not allowed to play fantasy with new players at his local WH shop. Also I'm liking the new branding of the shops. An overdue refresh !