Codemasters Share Discussion Threads

[zuludave77] 10/2/2020 19:08

That would be great as long as I don't pull my money out an start gambling on these resources micro caps in aim

[rafieh] 10/2/2020 17:36

Yes, strong close at the end of the day. I have seen charts like this supporting a colossal rise both in short and long term, leading to share price doubling or even tripling in a year or two.

[ileeman] 10/2/2020 16:35

Bought a few for a trade, hard to ignore the 300p chart break into new all time highs.

[zuludave77] 10/2/2020 16:27

Nice. Not sure F1 2019 been a great seller though compared to 2018 release and this fast and furious game getting panned. Hopefully digital sales etc will cover this

[johndoe23] 10/2/2020 16:18

Breaking out above 300p at last?!

[gswredland] 10/2/2020 09:03

Thanks Greenroom

[greenroom78] 07/2/2020 18:04

Sorry I don't. It is dated for year end 30th November 2019 but the Slater website post date just says 'December 2019'.

You can read more here (and in the pdf link on the webpage).

[rafieh] 07/2/2020 12:44

Some chunky trades today which look like sells to me, but the price has held up well. Is the next leg up underway, now that a big seller has offloaded?

[gswredland] 07/2/2020 08:43

Hi Greenroom
Do you know the date of the slater report you quote please?

[greenroom78] 04/2/2020 22:21

From Slater 2019 report....

Games developer and publisher Codemasters delivered a very satisfying +0.77% contribution, powered by a +31% rise in the shares. The company produced a good set of interims helped by the earlier release of Formula One 2019 where sales leapt by 30%, a growing back catalogue, which now represents 25% of sales, and the introduction of microtransactions which extends the life cycle of games. Growing digital channel sales, up from 53.4% to 61.2% are also delivering a higher gross margin making the group more profitable. Looking forward, digital sales have the potential to reach 70% over the next couple of years driven by downloadable content, streaming and deluxe game versions. Its joint venture with NetEase could become a significant contributor in 2022 with the potential for the release of a blockbuster racing game in China. The share has already re-rated on the back of the clearance of a stock overhang (Indian-owned Reliance Big Entertainment has now sold its stake), the renewal of its Formula One licensing deal with Liberty International which substantially de-risks the investment proposition, and the acquisition of racing developer Slightly Mad Studios (SMS), which brings together two leading developers in the racing genre. SMS also broadens the list of global partners to include a Hollywood Studio with whom it has a deal to produce a series of games for a blockbuster film franchise. All-in-all, a great turnaround from last summer’s disappointing launch of Onrush.

[nimbo1] 03/2/2020 13:24

the acquisition they made is releasing this game in may....it looks shocking, like it was made 10 years ago!

Thank goodness codemasters have F1 which props up their ARR.

[rafieh] 30/1/2020 17:52

The closing price does not reflect the strength of buying throughout the day at all. I have seen this before in some small and medium size companies where some traders need a certain closing price to create a certain pattern on the chart. In fact, I hazard a guess that whoever did this will take the share price higher over the coming days, because I think with the little dip on the chart today, any following advance would look even more bullish.

[greenroom78] 30/1/2020 13:21

Wider markets fell too.

[rafieh] 30/1/2020 13:09

MMs dropping the bid to attract sellers.

[rafieh] 30/1/2020 11:14

I agree John. Within the first day or two it'll be above 320.

[johndoe23] 30/1/2020 11:06

When this breaks out above 300p, will be a big one!

[greenroom78] 30/1/2020 09:38

Some decent volume there. Big trades at 300p.

[rafieh] 30/1/2020 09:25

Can we break above the round figure today?

[zuludave77] 29/1/2020 17:14

If Mark Slater has bought in then usually a good un

[squintyflinty1] 28/1/2020 23:32

I bought into this one after a recommendation.Looks very promising.I also own shares in FUTR , KWS AND TM17

[squintyflinty1] 28/1/2020 14:54

I bought into this one after a recommendation.Looks very promising.I also own shares in FUTR , KWS AND TM17

[nimbo1] 22/1/2020 17:39

Personally I think Codemasters deserves to be valued higher than the other 2 - this is because it now owns the driving game niche and the esports angle for driving games could have huge potential. It already has over 5 million viewers and recently launched in china. That combined with the playability of games through googles new gaming service etc. Also given the low relative PE rating if there is an earning surprise (positive) from the fast & furious game released in may then it could rerate substantially...I am personally hoping for 50-100% over the next 12 months here...whether it actually works out like that your guess is as good as mine : )

hxxps://f1esports.com/news/2019-in-numbers/

[podgyted] 22/1/2020 17:20

Sector's on a bit of a tear at the moment - FDEV & TM17. Mind you if you look at the fwd PER this one looks much better value.