Codemasters Share Discussion Threads

[discodave4] 07/6/2020 21:24

No problem. How relevant are the forecasts I suppose is the question.Been looking at SUMO as well but may just go for a gaming ETF.

[johndoe23] 07/6/2020 18:14

Thank you. I saw forward pe is around 22 so EPS around 16. Lot cheaper than SUMO, TM17 or FDEV

[discodave4] 07/6/2020 16:20

Stocko has 11.9p for FY2020 forecast and 16.6p for FY2021.Don't know how up-to-date they are.

[johndoe23] 07/6/2020 11:53

Anyone have EPS forecast for next year please?

[podgyted] 04/6/2020 22:16

"I bought a lot of Codemasters (CDM). At the recent online seminars we kept comparing
this to T17 and Frontier Dev, and this kept coming up as the cheapest.

So I have bought quite a few as they are very liquid and easy to buy and sell a lot.

It's releasing a new Fast and Furious game in August and it has just announced a likely
lucrative deal to produce FIA world rally championship games.

And today it has announced Cars 3 will be available from August. I'd be
targetting up to a fiver in time on these shares."

Naked Trader FWIW

[sphere25] 04/6/2020 16:02

Tipped by Robbie Burns (Naked Trader). He has said he has bought alot and has set a price target at a whopping £5.

DYOR

[3rd eye] 04/6/2020 10:27

Citywire.....

Codemasters doesn’t deserve its discount, says Berenberg

Gaming group Codemasters (CDM) has added a new licence deal to its content pool that Berenberg says sets it up for a valuation rerating.

Analyst Sean Thapar retained his ‘buy’ recommendation and increased the target price from 340p to 400p. The shares were up 3% at 346p yesterday.

‘Codemasters’ multi-year licence deal with the FIA World Rally Championship adds a licensed franchise to its rapidly expanding content pool, supports its medium-term earnings growth, and poises it for a valuation rerating,’ he said.

The group is increasing revenue diversification and also has ‘the potential to benefit from the shifts towards digital sales’ and Thapar said the ‘continuing high levels of execution are undeserving of its 20% discount to peers’.

[3rd eye] 04/6/2020 10:03

CDM Codemasters Brokers Views today..........

Codemasters Group Holdings Plc... CDM Liberum Capital Buy 352.50 346.00 370.00 - Reiterates

Codemasters Group Holdings Plc... CDM Peel Hunt Buy 352.50 346.00 375.00 - Reiterates

Codemasters Group Holdings Plc... CDM Shore Capital Buy 352.50 346.00 - - Reiterates

[3rd eye] 04/6/2020 08:39

Analysts at Berenberg raised their target price on video games developer Codemasters from 340.0p to 400.0p on Wednesday, stating the group had added "an extra gear" as a result of a new multi-year licence deal.
Berenberg highlighted Codemasters newly signed multi-year licence deal with the FIA World Rally Championship as why it views it as a "solid, but underappreciated" video games company.

The German bank stated the agreement added a further licensed franchise to Codemasters' "rapidly expanding" content pool, supported its medium-term earnings growth and poised the company for a valuation rerating.

"In our view, Codemasters' increasing revenue diversification, potential to benefit from the shifts towards digital sales and continuing high levels of execution are undeserving of its 20% discount to peers," said the analysts.

In addition to upping its target price on Codemasters, Berenberg also reiterated its 'buy' rating on the firm's stock.

[3rd eye] 04/6/2020 08:33

As promised monday...... MORE good news for CDM Codemasters.............

[global nomad] 04/6/2020 07:54

don't forget that all the new games (and current) are likely to have Bidstacks BIDS new programatic ad tech embedded as a novel way of generating additional revenue for CDM - gaming a hot sector right now and into the future so need to be invested in the wider aspects of the sector.

[3rd eye] 03/6/2020 08:38

Latest broker views

Date Broker Recomm. Current Price Price when issued Old price New price
01 Jun 20 Peel Hunt Buy 336.00 307.50 375.00 -
01 Jun 20 Shore Capital Buy 336.00 307.50 - -
01 Jun 20 Liberum Capital Buy 336.00 307.50 370.00 -

[3rd eye] 03/6/2020 08:35

Codemasters Group Holdings Plc : Berenberg raises target price to 400p from 340p

[nw99] 02/6/2020 15:22

Ps5 Rally looks awesome

[3rd eye] 01/6/2020 11:07

CDM Codemaster up 8.6%.



REG – Codemasters Grp Hldg – Exclusive five – year WRC contract commencing 2023
01-06-2020 07:00


RNS Number : 4548O Codemasters Group Holdings PLC 01 June 2020

Codemasters Group Holdings Plc

("Codemasters" or the "Company")

Exclusive five-year WRC contract commencing 2023



Codemasters (AIM:CMD), the award-winning British videogame developer and
publisher specialising in high-quality racing games, is pleased to announce
that it has signed a licence agreement with WRC Promoter GmbH ( "WRC
Promoter") for the exclusive rights to develop and publish the FIA World Rally
Championship ("WRC") videogames and esports tournaments (the "Agreement").

[nw99] 01/6/2020 09:39

Ps5 news this week

[nw99] 01/6/2020 08:21

Looking good chart break

[3rd eye] 22/5/2020 10:39

CDN Codemasters.........news update below



Turns out the brokers like the news...........

Codemasters Group Holdings Plc... CDM Shore Capital Buy 312.50 312.50 - - Reiterates

Codemasters Group Holdings Plc... CDM Peel Hunt Buy 312.50 312.50 375.00 - Reiterates share price Target 375p

Codemasters Group Holdings Plc... CDM Liberum Capital Buy 312.50 312.50 370.00 - Reiterates share price target 370p

[carcosa] 21/5/2020 08:39

As someone who is not familiar with these sort of products can someone explain to me what the difference is between CDM's F1 2020 and what is being discussed here?

hxxps://www.racefans.net/2020/05/21/f1-interested-in-offering-simulation-alternative-to-official-game/

[3rd eye] 19/5/2020 16:03

CDM Codemasters,(gaming) a breakout on the chart. Codemasters intends to publish its final results for the year ended 31 March 2020 in June 2020.

[mobtheplod] 19/5/2020 10:25

Just had a nibble, great sector this.

[carcosa] 14/5/2020 07:27

hxxps://www.racefans.net/2020/05/14/how-f1-drivers-helped-codemasters-make-massive-gains-with-f1-2020s-realism/