Codemasters Share Discussion Threads

[ali47fish] 11/2/2021 18:31

any comments please whether one should sell at this or waitfor a better price?

[martywidget] 11/2/2021 17:30

Crikey, the price is above the offer. ;)

[ali47fish] 11/2/2021 17:01

i cant believe nobody os commenting here the price is above the offer - i hope it keeps this up

[ali47fish] 20/1/2021 19:00

does that mean that even if there is another bid , cdm will not be able to go for a higher one

[mammyoko] 13/1/2021 09:43

TTWO can't make another offer within 12 months without the consent of the Panel. Panel consent would only be given if CDM recommended the new bid.

Market is saying that no further interested parties are likely to want to go head to head with EA. Arbs buying at 650p in the last few days screwed.

[lancasterbomber] 13/1/2021 09:23

Market doesn't think there will another bid

[kenmitch] 12/1/2021 19:18

It’s retracing because there’s no counter bid yet. Share will drift towards the price of the current 604p bid from EA, unless there is a new higher offer. The market had priced in the strong likelihood of a further higher offer possibly from previous bidder Take-Two, and after that possibly a bidding war. There’s still time between now and Feb 3rd.

[ali47fish] 12/1/2021 18:40

why is the share price retracing?

[coppertrader] 07/1/2021 17:25

The AGM for the takeover is the 3rd Feb, I assume any counter offer from Take Two has to come in before then?

[coppertrader] 05/1/2021 17:49

large volume today.... possibly something bubbling

[thewheeliedealer] 26/12/2020 23:34

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days before Xmas and part of our discussion includes CDM and the potential in other video gaming stocks. We also chatted about loads of other Stocks and Ideas for research. We discussed the outlook for Markets and the most likely roadmap for the next couple of months, and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Youtube, Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 38) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Season’s Greetings !! WD
@wheeliedealer

[essential] 24/12/2020 12:18

Was going to sell yesterday! Think I'll hold a bit longer!

[coppertrader] 24/12/2020 11:26

big move compared to recent weeks... is another bid coming?

[thefartingcommie] 22/12/2020 16:39

fyi...one to watch in 2021 maybe



The forward-looking statement for 2020 is updated as follows:

Invoiced revenue for the Kahoot! Group for Q4 2020 is expected to exceed $15m, approx. 30% quarter on quarter growth, whereof the acquired units Actimo and Drops will contribute with approx. 15% of the invoiced revenue for the quarter.
For the full year 2020, the Kahoot! Group expects invoiced revenue to reach $43m (including contribution from Actimo in Q4 and Drops in December), a 230% growth year on year.
Paid subscriptions have reached 400K (not including Actimo and Drops) and are expected to exceed 420K by the end of 2020, and active accounts in the range of 22-23m by the end of the year.
Continued solid cash flow from operations in the fourth quarter 2020.
The company is preparing for a main listing at Oslo Stock Exchange which could be as early as in Q1 2021.

Previous guidance for the company was invoiced revenue of approx. $14m in Q4, whereof Actimo represents approx. 10%, and a total of $41-42m for the full year 2020, 400K+ paid subscriptions and 22m+ active accounts by the end of the year.

//kahoot.com/investor/announcements/kahoot-as-trading-update-completion-acquisition-drops/

hTTp

[coppertrader] 19/12/2020 10:13

when is the last day that TTI (or anyone else) are able to put in another bid. The RNS says the deal with EA will complete in the first quarter of 2021 but are there any timescales or cut off points for other interested bidders?

[ilovefrogs] 15/12/2020 08:39

Never regret taking a nice profit. I cut 3/4 of the holding at £5 (100% return in 11 months) and the final quarter yesterday at 640p (150% ret). I think I can identify cheap fundamentals (which this now doesn't have), but I certainly can't predict the next bid (if indeed there is one) so I am very happily out, and looking for the next opportunity!

[energeticbacker] 14/12/2020 17:09

Codemasters Group: a racey future ahead.

Having called the low-ball offer from Take-Two Interactive, Investor's Champion considers the latest approach from Electronic Arts.

[yet another final] 14/12/2020 08:24

Max upside I suspect is 10-15% but not a bad return in next 6 weeks if u buy now

[yet another final] 14/12/2020 08:22

Market expects a bidding war and counter offerSuspect final price eventually will be around 700

[jamessmith23] 14/12/2020 08:13

The fact that there is obviously 2 interested parties is the reason, much more likely for a business to make another bid once they've made the first, and at 20bn and 40bn market cap it is very possible.Unfortunately I sold mine at 515 last week, quite frustrating but hey ho.

[ali47fish] 14/12/2020 08:07

sp over new offer why not sell unless more bids to come

[shanklin] 14/12/2020 07:36

"72.6 per cent. to the Closing Price per Codemasters Share of 350 pence on 22 September 2020, being the date of Take-Two's initial proposal to Codemasters;"

But no RNS about this until 06-Nov. So arguably a false market in CDM shares for circa 6 weeks.

Looking forward (not) to compensation for having sold on 02-Oct-20.

[investing2retire] 14/12/2020 07:32

Nice.great start to the week.cdm us my biggest holding

[manics] 14/12/2020 07:07

604p boys.

[mauricemonkey] 13/12/2020 21:51

"an agreed takeover".

Typical Sky reporting, the takeover hasn't been agreed by anybody except a couple of self interested board members. Hope the EA offer is more appealing than the derisory TTWO one.
Fingers crossed it turns into a bit of a bidding frenzy and we can get over £6