Frontier Developments Share Discussion Threads

[s34icknote] 19/4/2024 14:21

Card another one to watch

[parob] 19/4/2024 10:45

That's good to see. Thanks for sharing.That clip has had over 22K views.

[koypetition81] 19/4/2024 09:56

very ubeat comments regarding new F1 manager 24

[amt] 18/4/2024 20:38

Thanks Mortality Accesso looks interesting.
I see historically the share price went from 3 quid in 2005 to 2,000 quid in 2017. That would have turned 3,000 quid into 2 million

[mortal1ty] 18/4/2024 15:56

I was going to recommend Accesso to you amt. Bit more of a slow burner than this one.

[parob] 18/4/2024 09:25

Good coverage5 FUN DINOSAUR GAMES FOR KIDS IN 202417/4/24hTTps://pixelkin.org/2024/04/17/5-fun-dinosaur-games-for-kids-in-2024/Jurassic World Evolution 2For excellent modern park builders, look no further than Frontier Developments. The designers of Planet Coaster and Planet Zoo made an excellent Jurassic Park/World park builder with Jurassic World Evolution. The sequel builds on the events after Fallen Kingdom, with dinosaurs (and players) moving beyond tropical islands into the entire world, building parks and nature reservations for the prehistoric titans.Players must hire staff, research upgrades, build enclosures, manage power and security, and appease fickle dinosaurs in a variety of missions and biomes. JWE2 also has a ton of DLC, including one that brings in dinosaurs from the fan-favorite, kid-friendly Netflix series, Camp Cretaceous.

[amt] 18/4/2024 08:12

Good morning Mortality. Frontier looking good. Thanks again.
I do have cash to invest but have concerns about US stock market which could have knock on effects.
I sold most of my Vietnam holdings this morning. I hadn't realised the level of corruption there and their attempts to fight it are having catastrophic consequences with a financial crisis coming out of nohere.
A lot depends on Bango now. If they can grow their new product exponentially then it's on my potential ten bagger list. I have had a series of disasters though so tread carefully.

[mortal1ty] 17/4/2024 16:44

amt I got another idea for you...

[parob] 17/4/2024 07:49

I have freed up some cash and will be taking advantage of this dip today :)

[mortal1ty] 16/4/2024 14:10

Team17 nearly flat now.

That business has a market-cap of £368m, with £43m cash. So an enterprise value of £325m. It has revenue of £160m, giving it an EV/Sales valuation of 2x. This itself is a pretty cheap valuation, and probably why the initial sell-off is being bought today.

Frontier has £79m market-cap and £23m cash, which gives it a £53m market-cap. It has sales of c. £85m, giving it an EV/Sales valuation of 0.65x. So a 70% discount to Team17.

Team17 is currently more profitable... but Frontier Dev has the higher potential for margins over time given its focus on own IP.

Target for FDEV has to be that sort of rating.

[prince7652] 12/4/2024 08:50

Need to continue to add

[parob] 12/4/2024 08:38

Lovely bowl forming on the chart too :)

[mortal1ty] 12/4/2024 08:28

Yep that's why everything indicates 5 pound is a realistic near term target. That would be 10x pe. Still cheap but not crazily so anymore.

[koypetition81] 12/4/2024 07:29

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

[mortal1ty] 11/4/2024 15:38

No way was it ever justified as a 1.25 valuation. I would have like to have read the note where Stifel justified that.

[mortal1ty] 11/4/2024 15:38

Brokers are a bunch of idiots only concerned about their job.

I used to be a fund manager, and used to meet these guys daily.

All banging on the table at 20 quid.... When the shares are at 1.10 quid ... and the market cap is 30m with 20m cash, with 85m in sales, they are no where to be seen.

[cirlbunting1] 11/4/2024 14:52

Will be holding too. Want at least 150m MC before even considering selling

[bigbigdave] 11/4/2024 14:15

Stifel raises FDEV target price to 180p from 125p

[prince7652] 11/4/2024 14:07

Been adding last few days but not expecting this?

[mortal1ty] 11/4/2024 13:28

My view is £2.50 it hovers at. Moves up to £5-£6 when news of their new game comes, out and a 'story' builds again. Maybe it eventually recovers to £10 but that is a way off.

Not really crossed my mind to take profits yet.

[smithie6] 11/4/2024 12:55

Buy trades at 228-229p

[smithie6] 11/4/2024 12:51

...mortal1ty

..maybe even 2 beers !? ;-)
je je !

-----
I took profits at around 205p as it dipped
....luckily bought most of those back at ~208p today, phewww, almost missed getting back on the bus !!

[parob] 11/4/2024 12:41

Could be an exceptional multi-bagging long term hold of they execute well.

[bigbigdave] 11/4/2024 12:40

In and out of auction, going way higher imo.