Games Workshop Share Discussion Threads

[woozle1] 01/12/2016 14:08

It's a win/win here. Either the growth continues, in which case the share price motors, or the we get an extra large dividend. Capex requirements are minimal at the mo.

[argylerich] 01/12/2016 13:43

In previous good times, statements like this were followed by another Divi in January.

[wjccghcc] 01/12/2016 13:21

Yup. H1 Operating profit over double last year.

[eezymunny] 01/12/2016 13:15

That's one hell of a t/s. Looks to me like there's an H2 bias as well (xmas?). If H2 is strong they are miles ahead of f/c no? Like 50%?

Had some for the EEZY3 portfolio FWIW.

[argylerich] 01/12/2016 11:37

Boom. Poor old Phoenix! ;-)

[nod] 29/11/2016 10:32

A rather large buy at 570p. Some fund saw the dip as a buying opportunity.

[woozle1] 28/11/2016 16:47

Dividend due on Friday if you were on the share register on 27th October

[argylerich] 28/11/2016 16:30

But the Divi will be on Friday :-)

Phoenix selling down, but plenty of buyers out there.

[mozy123] 28/11/2016 16:00

Unfortunatly not in my pocket :(

[argylerich] 28/11/2016 15:33

That's a big chunk of shares changing hands today.

[nod] 09/11/2016 08:23

Where does the USD-GBP exchange rate go from here?

[nod] 22/10/2016 00:00

The further the GBP falls against USD the better the profit for GAW. I see this testing the 12 month high in November.

[argylerich] 17/10/2016 17:06

Happy Christmas 😊

[mozy123] 17/10/2016 16:06

Confirms their trading statement! Great news

[wildshot] 17/10/2016 13:37

Yay, a dividend of 25p/share to be paid before the end of the year.

[nod] 14/10/2016 10:00

I am selling some of my son's old WH books and magazines on the New Zealand auction site and received a bid on one immediately. Looking through the current auctions I am amazed at how many auctions have bids and some bids are surprisingly high for parts and models.If this reflects the demand for WH models in other countries then things are really looking up. I sold some sets of models around 18 months ago and the demand for models was nothing like it is today.

[woozle1] 10/10/2016 13:15

They've never committed to a yield and there's been plenty of surplus cash!

[argylerich] 10/10/2016 09:00

Well they only pay out when there is 'surplus' cash. The last was 20p, announced in April, paid in June and before that 20p September 2015.
If they are truly doing well, I'd expect an announcement very soon.

[mozy123] 09/10/2016 14:16

Any ideas when the next divi will likely be announced/paid?

[woozle1] 08/10/2016 14:29

Mozy,
The new CEO is not as dogmatic as the chairman. In the past, they have been adamant that they won't discount but they are now, albeit subtly via offering sharp pricing on bundles. Let's hope it sticks.
W

[mozy123] 07/10/2016 10:10

Must be core business. Further £ weakness must also be helping here.

Nice divi and low multiple. A great hold imo.

My local store was quite busy yesterday at 12:00. 8-9 people playing and painting. One manager.

Store was recently revamped and the product lines look fresh. Alot different since i last poke my head in 2-3 years ago.

[woozle1] 07/10/2016 08:20

Hi Nod,
I have been in this since the collapse after LOTR. Royalties are not sales (they appear below the operating profit line). This looks like an improvement in the core business, otherwise they would say it. The real issue is whether they can sustain the growth. There have been quite a few false dawns on top line growth only for something to negate this 6 months down. It's defo encouraging but I'd like to see this sustained.
W

[argylerich] 07/10/2016 06:00

Haven't they always tended to differentiate between 'channels'?

[nod] 07/10/2016 04:53

Reading various financial sections and analyst comments, the concern with GAW centres around the royalties boosting profits while profits from core products fell 27%. The analysts advise caution because of this fall and the lumpy nature of royalties.The trading update gives us no clue as to whether the improvement was increased sales of core products or more windfall from royalties.