Codemasters Share Discussion Threads

[podgyted] 10/5/2020 16:54

Nice move on Thursday - then confirmation of new release.

I guess that CDM would prefer it was not WFH but doesn't appear to be cramping its style.

[johndoe23] 27/4/2020 22:28

Maybe the delay with the new fast and furious game? And think FDEV signed an agreement to produce F1 games, so added competition.CDM on a far less valuation than most of the others though...

[podgyted] 27/4/2020 11:58

Don't understand the valuation anomaly between here and TM17 and FDEV.

Even today CDM is static whilst TM17 is up 7% and FDEV up 5%.

Anyway adding here - time will tell if the market is right.

[3rd eye] 16/4/2020 14:50

Codemasters Group Holdings Plc... CDM Peel Hunt Buy 265.00 260.00 375.00 - Reiterates.....sp target 375p

AND

Codemasters Group Holdings Plc... CDM Liberum Capital Buy 265.00 260.00 370.00 - Reiterates Sp target 370p

[3rd eye] 16/4/2020 08:06

Yesterdays RNS......

RCS – Codemasters Grp Hldg – F1® 2020 Release Date
15-04-2020 14:00

RNS Number : 7645J Codemasters Group Holdings PLC 15 April 2020
Codemasters Group Holdings Plc

("Codemasters" or the "Company")

F1(®) 2020 Release Date

Codemasters (AIM:CMD), the award-winning British video game developer and publisher specialising in high-quality racing games, is pleased to announce F1(®) 2020 will release on Friday 10(th) July for PlayStation(®)4 computer entertainment system, the Xbox One family of devices including the Xbox One X, Windows PC (DVD and via Steam), and Google Stadia.

There has been minimal disruption for the F1(®) 2020 development team as a result of COVID-19 and everything is on schedule for the July 10(th) release date.

In a series of firsts for the F1(®) franchise, F1(®) 2020 offers 'My Team'. This major new game mode allows players to create their F1(®) team and take their place alongside the established 2020 line-up, with a new driver-manager experience offering a unique insight into the world of F1(®). Additionally, F1(®) 2020 will appeal to a broader, casual audience with the re-introduction of two-player split-screen, alongside a host of new options designed to help new players adjust the F1(®) challenge to match their expertise.

Frank Sagnier, Chief Executive at Codemasters, said:

"F1(®) 2020 promises to be our biggest and most innovative title to date. We're bringing new game modes to our core simulation players alongside accessible features that will appeal to the casual racing fan. With sporting events currently on hold around the world, our F1(®) game is seeing incredible engagement as professional drivers, esports players and celebrities race online in the F1 Esports Virtual Grand Prix series, replicating the original F1(®) calendar."

[3rd eye] 08/4/2020 13:01

Ohh yes off lows of the day and looking good for a bigger rise.

[3rd eye] 08/4/2020 12:49

CDM Codemaster

Latest broker views

Date Broker Recomm. Current Price Price when issued Old price New price
07 Apr 20 Shore Capital Buy 265.00 247.50 - -
07 Apr 20 Liberum Capital Buy 265.00 247.50 370.00 -
07 Apr 20 Peel Hunt Buy 265.00 247.50 375.00 -
03 Mar 20 Berenberg Buy 265.00 297.50 380.00 -

[3rd eye] 08/4/2020 12:41

Citywire The Expert View. 08 April 2020

CDM Codemasters.

Lockdown winner Codemasters is Jefferies’ top pick

Gaming group Codemasters (CDM) is benefiting from coronavirus lockdown and it is Jefferies’ top small and mid-cap pick.

Analyst Ken Rumph retained his ‘buy’ recommendation and target price of 346p on the shares, which rose 7.8% to 266.9p yesterday.

He said there was ‘much to like’ in the 2020 update from the group and its exposure to the ‘risk-positive digitisation trend’.

‘Codemasters is first to confirm a financial, as well as user, benefit from March’s stay-home - a full April effect and recurrent quasi-lockdowns during the rest of 2020, given there is a testing exit strategy or vaccine in sight before fourth quarter 2020 and 2021, respectively, should be positive for revenues across the sector,’ he said.

Comments

CAUTIOUSCOLA few seconds ago
I bought codemasters 3 months ago on expert recommendation, and increased holding yesterday to a significant exposure. Being a 73 year old, I have no interest whatever in computer games, but I understand codemasters is to let loose on the market a wizzing exciting game. seems a very encouraging investment.

[3rd eye] 08/4/2020 12:39

CDM Codemasters..........far more buys than sells, cant see why its down today......so far.

Recent tradesTrades today: 45

Trade time Trade price Trade quantity Buy/Sell Bid price Ask price
08 Apr 12:05:49 268.00 500 Buy 260.00 270.00
08 Apr 11:53:47 270.00 735 Buy 260.00 270.00
08 Apr 11:53:26 269.60 500 Buy 260.00 272.00
08 Apr 11:51:12 266.00 809 260.00 272.00
08 Apr 11:44:56 271.25 1,843 Buy 260.00 272.00
08 Apr 11:35:32 269.60 400 Buy 260.00 272.00
08 Apr 11:33:40 272.00 730 Buy 260.00 273.00
08 Apr 11:33:40 264.00 286 Sell 260.00 273.00
08 Apr 11:33:26 270.40 500 Buy 260.00 273.00
08 Apr 11:07:28 272.00 1,838 Buy 260.00 273.00
08 Apr 11:00:04 272.00 201 Buy 260.00 273.00
08 Apr 10:53:12 272.00 1,000 Buy 260.00 273.00
08 Apr 10:44:06 265.50 1,570 Sell 260.00 273.00
08 Apr 10:41:18 270.40 366 Buy 260.00 273.00
08 Apr 10:33:50 270.40 459 Buy 260.00 273.00
08 Apr 10:24:23 270.40 180 Buy 260.00 273.00
08 Apr 10:20:14 270.40 369 Buy 260.00 273.00
08 Apr 10:13:21 271.75 1,103 Buy 260.00 273.00
08 Apr 10:10:06 271.75 547 Buy 260.00 273.00
08 Apr 10:08:31 271.75 1,849 Buy 260.00 273.00
08 Apr 10:06:27 271.75 1,838 Buy 260.00 273.00
08 Apr 10:03:34 271.75 643 Buy 260.00 273.00
08 Apr 09:44:28 266.05 7,547 Sell 260.00 273.00
08 Apr 09:43:59 270.40 184 Buy 260.00 273.00
08 Apr 09:42:37 265.20 600 Sell 260.00 273.00
08 Apr 09:41:42 270.40 369 Buy 260.00 273.00
08 Apr 09:38:57 270.40 274 Buy 260.00 273.00
08 Apr 09:35:41 270.40 129 Buy 260.00 273.00
08 Apr 09:32:29 270.00 6,834 Buy 260.00 273.00
08 Apr 09:17:02 270.40 18 Buy 260.00 273.00
08 Apr 09:14:55 271.75 1,838 Buy 260.00 273.00
08 Apr 08:52:07 271.75 1,835 Buy 260.00 273.00
08 Apr 08:40:22 271.75 735 Buy 260.00 273.00

[martincc] 13/3/2020 08:39

well that news wasn't leaked was it?

[zuludave77] 13/3/2020 07:05

Fast n furious game delayed 11 months ☹️

[dround87] 11/3/2020 22:10

Just catching up with everything else. We're not far off guaranteed reccesion territory here. Why should codemasters keep its pre-crisis valuation? It was a solid aquisition that has value way beyond the financials. Investors taking profits where they can now freeing up cash to buy the dips.

[johndoe23] 11/3/2020 18:15

It hasn't been release yet!! Should be around June time...

[zuludave77] 11/3/2020 16:55

I think F1 2020 hasn't sold as well as last year's version but may be wrong. Growth from digital sales are growing though.

[earwacks] 11/3/2020 12:46

Ah, 135,000 sell at £2,32 may have taken some squeezing out. Looks to have cleared the blockage. Will there be more?

[mark4231] 11/3/2020 12:10

Real life F1 season being disrupted by corona virus and it's potential impact on 2020 game sales?

[earwacks] 11/3/2020 12:00

Both today and yesterday drop started late morning. Yesterday it actually opened @£2.72. Fairly large intitutional ownership and no big trades that I can see.

[earwacks] 11/3/2020 11:48

Think an rns is well overdue 30% drop is not down to virus. Sometimes a takeover can make an share price behave a bit like this but not usually that much.

[capitalist] 10/3/2020 14:42

Thanks for the info Mark4231

[capitalist] 10/3/2020 14:39

Hmmm... Pondering if the MM's are marking the price down to fill a large buy order. If you can believe anything about the trade data, there has been approximately 35,000 bought, 165,000 sold and 70,000 ?... So not a balanced book. Hmmm...