Frontier Developments Share Discussion Threads

[mortal1ty] 11/4/2024 10:59

amt owes me a beer.

[mortal1ty] 11/4/2024 10:42

I remember on the way down how easy it was for small sells to crush the price.

Same happens on the way up.

..and people want in... all the signs are good... huge cash pile, stabilized revenue, better games execution (it seems)... and valuation still less 1x sales.

Only takes a few buys to lift it 5%.

[parob] 11/4/2024 10:36

Maybe that's it for the dip.

[bigbigdave] 11/4/2024 08:35

TM17 results next Tuesday, might provide a lift here.

[7rademark] 10/4/2024 15:44

250p to 600p in quick order.

[7rademark] 10/4/2024 15:43

Agree. As we were talking about resistance over at zoo the same applies here to what I mentioned. Oct 23 the share price bounced around 200p for a few weeks. This creates support and resistance. Taking a negative stance we could return to 160p which is weak support or 150p stronger support. Next resistance is 250p. But once through that look at the chart. The share price will move up rapidly if it breaks 250p.

[barneybiggusdickus] 10/4/2024 12:12

FDEV Liberum closing comment on their note today
A ‘blue-sky̵7; scenario could see FY26E FCF of >£10m (LibE: £1.7m) and a TP of c600p/share based on a 5% FCF yield.

[parob] 10/4/2024 11:25

This needed a little healthy retrace. Doubt it will drop too much further before the bulls arrive.

[7rademark] 09/4/2024 16:20

Zoo moving at last.

[koypetition81] 09/4/2024 10:09

Planet Zoo doing very well on PC and consoles, Elite Dangerous players are more hyped then ever for the next updates, F1 manager 2024 with improved features coming soon plus Planet Coaster 2 (high margin own IP) announcement in June and release this calendar year already. Long FDEV

[mirabeau] 09/4/2024 09:23

Well, are FDEV's doing well or not?

thks

[amt] 09/4/2024 08:10

This reminds me of Eidos when I used to look at the charts in the shops to see how Tomb Raider was doing.
Now we have the Internet and BBs so great that you guys know where to find out how the games are selling and get a decent idea how things are going on a weekly basis.

[koypetition81] 09/4/2024 06:28

At least five plus tons of dlc :-)

[cirlbunting1] 08/4/2024 20:30

How many games does frontier have in the top 100?

hxxps://store.steampowered.com/charts/topselling/global

[mortal1ty] 08/4/2024 12:11

£2.50 is 1x sales. I think we hold around there for a while. This is purely based on the 'financial stability' of the business. Lets not forget the crazy stuff being said on this board only a few months ago. Now the massive and growing cash pile and stabilized revenue puts that to bed.

When their next own IP is announced, and we get a bit of excitement around that, and what is hopefully a relatively low risk game, we move up to 2-3x sales on £100m forecast, which is £5-£7.50.

Beyond that we require proof of a broader pipeline and some more confidence in growth and delivery. I think towards its peak it was 7x sales on £150m revenue = £1bn valuation. Won't get back there, the days of 7x sales for any UK stock is pretty much gone.

[bigbigdave] 08/4/2024 11:38

Next resistance 275 ish

[parob] 08/4/2024 11:31

Volume picking up now.Almost 300K and only 11.30am.

[7rademark] 08/4/2024 11:26

I like zoo. Needs to get rid of the seller atm then it's off again.

[amt] 08/4/2024 11:14

Yes good day for me. I topped up Fdev at 1.90.
Thanks for tip Mortalty.
Now I have a good portfolio headed by Bango Equals Gresham Computing Seeing Machines SCE Zoo and Frontier Nexxen plus more mundane stuff
All capable of doubling in the next 24 months

[smithie6] 08/4/2024 09:54

...always nice on a Monday morning to find a forgotten SIPP at the back of a drawer...worth £7k !...je je

----

Quite a morning for recovery shares, Bango & FDEV both flying this morning.

Just lurve Mondays !!

[mortal1ty] 08/4/2024 09:30

I bought most of my additional shares around 180p on Thursday. Then I bought a tiny little bit more this morning. Only £7k or so. Found some money hidden in a random SIPP somewhere lol.

[smithie6] 08/4/2024 09:25

..congrats "mortality" !!

207-208p !!!!

~12% this morning after only 1.5 hours with the mkt open !

[smithie6] 08/4/2024 09:24

"Here still to arrive imo"

??!

[parob] 08/4/2024 09:20

Appears to be getting more noticed now but still no posts on the lse bb! Here still to arrive imo.