Codemasters Share Discussion Threads

[podgyted] 12/7/2020 10:07

Initial reviews do seem good:-

[ali47fish] 10/7/2020 12:58

bolo- a number of caveats highlighted by roland head- what do you make of them?

[emdek] 10/7/2020 12:43

Meantime reassuring to know that Funds are building stake in the company...explains big spike in volume over last few days.https://www.insidermedia.com/news/midlands/global-investment-firm-takes-codemasters-stakehttps://www.insidermedia.com/news/midlands/scandinavia-asset-manager-ups-codemasters-stake

[bolo25] 10/7/2020 12:07

Some comment on CDM today:

[togglebrush] 10/7/2020 11:33

RNS: - Release of F1(R) 2020
'
They met the latest release date and first PR looks healthy

[emdek] 08/7/2020 10:57

Strong support at 320p being May swing high and 50dma. Also institutional transactions have been going above that level and volumes have been very low on down days.
On Friday F1 2020 game is officially released and resulting publicity and any announcement from the company should take the share to next high 400-450p! The game has received excellent reviews from the gaming community...have accumulated and holding on.

[brucie5] 08/7/2020 10:01

Ali, sorry, my bad-
Try this:

[ali47fish] 08/7/2020 09:12

sorry what is the link for to zoom - and who is gary shilling?

[brucie5] 08/7/2020 09:05

The levels immediately visible at £3 and then £2. Though the latter was the March low. Could depend on what happens in wider market. Gary Shilling, for example.

[ali47fish] 08/7/2020 09:01

brucie when you say 3 pound support to watch what do you mean? you think it might fall further from here- i am looking to add but hopefully before it starts retracing up

[brucie5] 08/7/2020 08:48

Disappointing to see it break down; I had thought it would break up. But it's had a great run, and the story was supported recently by SCSW. It's now got a significant resistance point at 3.50, with multiple top/failure to break up through. So for me, £3 is immediate support to watch.

[ali47fish] 08/7/2020 08:32

so anyone knows why this one is retracing- and where the bottom will be- from those who are long termers here please!

[mauricemonkey] 07/7/2020 17:05

That's around 5%.
Should be an RNS for that

[wildchild] 07/7/2020 16:20

Looks like someone sold 7.5m shares at 320p . Traded after the bell. Come on, own up.
I've still got my 7.5m shares (in my dreams) tucked away.

[ali47fish] 03/7/2020 14:24

waited for this to retrace and thought 342 was the bottombut no it still further down to my purchase price- mysterious workings!

[harris tweed] 03/7/2020 10:31

A positive review of CDM by the Editor of Growth Company Investor in the piworld webinar here:

hxxps://www.piworld.co.uk/2020/07/03/piworld-webinar-david-thornton-small-is-beautiful-why-small-caps-what-to-buy-now/

[shanklin] 03/7/2020 09:34

change EPIC as appropriate, is reliable for most companies

[slogsweep] 03/7/2020 08:08

Thanks for link to report I was following the RNS and looking on the company web site
silly me.

[shanklin] 03/7/2020 07:47

Slogsweep

Plase stop posting rubbish...

[sphere25] 03/7/2020 07:29

A few decent chunks early on. Notable for a quiet Friday morning. Still have strong resistance at 350. Alot of these recent Naked Trader trades have flat lined or gone down in this market.

[slogsweep] 03/7/2020 07:27

nearly 500,000 shares just traded at 342 suspect another 62,500 to come to make up the round 500,000. Still no results available whats going on?

[slogsweep] 03/7/2020 07:17

Anyone found the results yet? Ive checked the website but nothing

[albanyvillas] 01/7/2020 07:57

There’s plenty to look forward to on track when F1 2020 gets back under way in Austria this weekend, from thrilling driver rivalries to tense battles between the teams – plus there’s almost certainly more drama left in the driver market.

[sphere25] 30/6/2020 11:41

Ali47fish,

You can't always tell who the sellers are, but clearly the holding and major notification statements help paint a picture.

The institutions sell for all kinds of reasons, but considering the run this one has had, it would be hard to fault a larger holder for trimming at these levels whilst the demand is there. The illiquidity, portfolio weightings and valuation will all play a part.

The same thing is happening at TSL. There is what appears to be a material undervaluation (DYOR of course) but Lombard have been taking the opportunity to sell down into the strength whilst demand is there as they held a huge 18.07% of the company so again hard to fault them for locking in gains in light of the illiquidity.

Clearly a great deal easier for us to nip in and out of things or sell when we need to the majority of the time (barring mass panic, algo out of control days)so we do hold an advantage here and often these big sellers trimming or forced can provide opportunities.

Overall, CDM is still stuck with sellers in size at that resistance of 350. That's not to say the stock can't go higher. Recent well known investors have highlighted the prospect of material upside here and once these sellers clear, the stock will move. A positive trading update often completely changes the picture too.

As for buying in cheaper, it looks like you might need a bigger wider market sell off with sustained downside because this stock is uber resilient. There aren't many out there this strong that have held near recent highs when other stocks have been getting clobbered. I suspect any dips here will get bought quite quickly judging by recent action.