Frontier Developments Share Discussion Threads

[jgoold] 10/1/2018 08:51

Sold half my holding last week and very happy to keep the other half through the launch of JWE. Volume already 2x the recent average.

[nimbo1] 10/1/2018 08:35

The fall is more to do with spooked fast money than it is anything else imo. There a lot of high expectations and frothy prices about so not surprising. people unless irrational Cant have been expecting anything other than flat results given no game launches. Reckon we could see the directors buy a few more.

[rivaldo] 10/1/2018 08:20

Agree with prior posts - the overriding point is that JWE is progressing smoothly and on time. It's reassuring that PC and ED continue to sell well, but no-one should really have been expecting anything else from the update.

It'll be good to hear first details of the other games in the pipeline at some stage, perhaps in he next results narrative.

[shanklin] 10/1/2018 08:15

Good job the trading statement was well inline or, given the "Notice of Results" title of today's RNS, the share price would probably be down by even more than the current 9.4%.

I hope that the inappropriate title was an accident rather than a deliberate act by somebody being extremely stupid.

[nimbo1] 10/1/2018 08:04

Short term volatility but don’t think anyone could have expected anymore. All about JE this year.

[adamb1978] 10/1/2018 07:49

They just selected the wrong title for the announcement when they went into the RNS system! If its the same as when I used to put announcements out, there's a number of default options which you can choose from and then edit, they obviously just started with the Notice one.

in terms of the figures, this year was always going to be somewhat irrelevant given that the JWE is the game changer which launches after the year end. Very good that that is on course in terms of launch timing and this year will be in-line.

[mad foetus] 10/1/2018 07:48

TU looks alright to me. The existing franchises are performing OK, the real attraction of this share was always going to be the JW launch, the increased frequency of franchise launches and the Tencent angle. Obviously the valuation means that it is priced to perfection, and the share price may respond negatively to what is effectively a trading in line with expectations announcement, but with the board buying at 13+ and the JW launch in the summer, I think any pullback will be a chance to buy.The real takeaway for me is that, even in a year with no no game launches, the revenues hold up.

[gersemi] 10/1/2018 07:44

Why call it a 'Notice of results' when it was essentially a 'Trading update'?

Interesting to see what happens at the open

[fruitninja84] 10/1/2018 07:34

Sneaky trading update hidden in the "Notice of results" RNS.

[volsung] 05/1/2018 13:20

Look to me like good share so I is bought some

[allstar4eva] 04/1/2018 23:44

Good performance here today considering the strong rise yesterday

[hpcg] 03/1/2018 17:39

Ciavacco and Minervini play opposite sides of the same coin. Ciavacco has a solid process for market direction, and that is very important. Operate with a Minervini style and his tactical approach will pay the bigger dividends. Note that both are primarily concerned with not losing capital. For the former the slow accumulation can decline rapidly and take a long time to build back up, whilst for the latter it is vital not to blow ones stack in the fast accumulation and fast decline companies he is looking for. The balance comes that a Minervini style is much harder work, and selling what isn't working or worse requires much more decisiveness. I agree with Brahms and chester - Ciavacco's videos are essential viewing.

[allstar4eva] 03/1/2018 17:15

Thanks for the useful information - really good discussion and a great day for FDEV:-)

[mad foetus] 03/1/2018 17:15

Will look him up. Meantime, FDEV has more than covered this week's holiday in Venice with the kids. Not to mention HCM as well. Things going very well at the moment, portfolio up around 10% in last 2 weeks. GLA.

[chester] 03/1/2018 17:05

I fully agree with Brahmsnliszt . Chris Ciavacco has kept me long this market.
Brilliant Weekly Videos.

[nimbo1] 03/1/2018 15:53

thanks never heard of him so will read up - I guess the key is to find some useful methods and people to learn from which suits your own methods, personality and timeframes.

[brahmsnliszt] 03/1/2018 15:39

i prefer chris ciavacco

worth following him on twitter and his weekly macro views on markets. very good indeed

he has certainly helped me remain fully invested and also long on a DOW spread bet since 20,000 which has been a fine trade thanks to him.

[nimbo1] 03/1/2018 15:31

Thats what i meant ashezi - he would have bought on that November breakout point - its just interesting to me the stock went through the bottoming cycle he talks about etc in his book - decreasing volatility between peaks and troughs of the bottoming before almost flatlining while sellers were exhausted. This stock has all the characteristics you should look for super performance returns including low number of shares in issue.

[malcontent] 03/1/2018 15:26

there she blows!

[ashehzi] 03/1/2018 15:23

According to my understanding of Minervini, he tends to buy when they are about to breakout or have broken out. He keeps watching the stock till then. It helps him to keep his money working harder, rather than sitting at the base level. Correct me If I misunderstood his books.

[brahmsnliszt] 03/1/2018 15:09

lovely breakout indeed.

I like Minervini's book like everyone else here, but I do find him very fickle. Can change his view like the wind and can tend to report trades a long time after the event.

[ashehzi] 03/1/2018 15:07

you're so right numbo1. I bought it in that range also and happy to hold it long term.

[nimbo1] 03/1/2018 15:02

For those who have read the minnervini book this is very possibly a minnervini stock - ticks all the boxes as far as i can see - the narrow range trading from the 9.30 placing to c.£10.20 was the base forming. The buy signal was obviously that first breakout beginning of november. Any views on this?

V often see 100% plus from the base level over time - which could take us to my £25 target - which I have picked for no other reason than it seems like a global games company with a blockbuster on the way should be worth c.£1 billion in todays market.

[mark4231] 03/1/2018 14:56

So Christmas really does start earlier every year.

[nimbo1] 03/1/2018 14:45

no could about it at the mo