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FDEV Frontier Developments Plc

138.60
2.40 (1.76%)
Last Updated: 10:44:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frontier Developments Plc LSE:FDEV London Ordinary Share GB00BBT32N39 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.40 1.76% 138.60 138.60 139.60 138.60 132.20 132.20 35,674 10:44:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 104.58M -20.91M -0.5303 -2.55 53.3M
Frontier Developments Plc is listed in the Manufacturing Industries sector of the London Stock Exchange with ticker FDEV. The last closing price for Frontier Developments was 136.20p. Over the last year, Frontier Developments shares have traded in a share price range of 95.00p to 649.00p.

Frontier Developments currently has 39,423,349 shares in issue. The market capitalisation of Frontier Developments is £53.30 million. Frontier Developments has a price to earnings ratio (PE ratio) of -2.55.

Frontier Developments Share Discussion Threads

Showing 7251 to 7273 of 7275 messages
Chat Pages: 291  290  289  288  287  286  285  284  283  282  281  280  Older
DateSubjectAuthorDiscuss
16/3/2024
12:50
F1 manager 2024 previews and fan comments highly positive, best updates in Elite Dangerous since years, Planet Zoo console upcoming. Nice.
koypetition81
15/3/2024
11:33
Nice to see it moving up... hope it lasts.

9 months until Planet Coaster 2 :)

mortal1ty
01/3/2024
07:13
Swedbank selling out. Explains the move down. They were pretty relentless in their sales.
mortal1ty
29/2/2024
14:16
Volume 10x what it has been in the last few weeks in the past few days.

See it a lot in AIM. No natural buyers. If anything natural sellers from fund outflows and a declining market.

Valuation has to get to stupid levels to shake out some demand. About £1-£1.10 seems to be it for Frontier.

mortal1ty
28/2/2024
23:29
Cash is sufficient. It all comes dow to the next few games which look pretty low risk to me.

2 successful games moving to console and then a new Planet Coaster 2. That should stabilise the finance and gets cash moving in the right direction. Then we are off the races.

mortal1ty
28/2/2024
23:01
Fisternator - 1) They had 20m cash at the end of December. 2) Your cash burn analysis doesn't take into account the 20% opex savings they have been working on. 3) you might want to adjust cash burn calculations for the working capital move of 9m (in last 6 months) which has been a drag.
mortal1ty
28/2/2024
22:39
The last set of accounts are up until 30th November. At that point cash was 17.7m.

Management gave additional information and said cash was 19.9m at the end of December. They stated the reason for the increase in cash in the results.

What's difficult about this to understand?

"The Group continues to be well capitalised, with a cash balance of £17.1 million at 30 November 2023 (31 May 2023: £28.3 million). Microsoft Game Pass subscription fees for F1® Manager 2023 and Jurassic World Evolution 2 were received in December 2023, with cash at 31 December 2023 growing to £19.9 million. Cash from the sales recorded in December will be received from platform and channel partners in January and February."

mortal1ty
28/2/2024
13:09
I took would like to know the basis of this claim that FD has 20m net cash in bank. Because it sure isn't the published accounts and looks to me more like brazen upramping.
yankhanson
28/2/2024
11:25
£20 million net cash?

Cash at November 2023 (results rns 17/1/23 ) was £17 million
The pro-rata cash burn per month is £1.9 million from last results .
I make cash today at circa £9-11 million

The company have said they will make a loss in FY 24 and 'hope' to breakeven in FY 25

Now Koypetion81, count the months from now until end of FY 25 and then divide it by the cash at £1.9 million a month or even half the monthly cash burn to £900k it and does not work does it?

Cronies on the bod will be advised by nomad it's better to raise now than when its trading at 40p next year; the cash figure is giving some support now , i really do not know why , it will all be gone by the year end.
Then the share price will be based on a loss making company in a horrid sector with zero cash.

aimho

fisternator
28/2/2024
09:20
Founder Braben owning 33%, 20m net cash in bank, headcount reduced in 2023, stable backlog, Plante Coaster 2 upcoming in calendar Q4 2024.
Worst case maybe 2m cashburn per month?
Why would he dilute his baby at these levels?

koypetition81
27/2/2024
16:25
Even Sony are shutting down studios and laying off staff.
Why be long a sector that is under the cosh.

phowdo
27/2/2024
13:02
Placing @90p-100p?
fisternator
23/2/2024
08:33
Allin Case, Downside 100% Upside 500% within one year. Nobody heard of the news that their big launch is coming calendar Q4 24 already plus that it is Planet Coaster 2...
koypetition81
08/2/2024
09:50
£2 is a reasonable short-term target. That would be £78m EV. Or £58m market-cap.

Would put it on about 0.65x sales. Most developers trade on 2-3x minimum.

£4 target for when the business is stable.

mortal1ty
08/2/2024
09:11
If we can get a close above the recent high, say around 162p, it should be a fairly swift move up to close the gap. Higher lows on the chart as a new uptrend forms.
parob
02/2/2024
11:44
Money moving to GNC
blackhorse23
31/1/2024
18:37
Hopefully new uptrend forming with higher low going in. Nice reversal today and dragonfly doji.
parob
31/1/2024
14:49
I think about 25% of the float, or about 50% of the free float changed hands at £1-£1.20. So think there is good support around there.

Unfortunately is probably also means resistance around £1.70, for those looking to make 50-70% and run.

mortal1ty
30/1/2024
22:00
It'll be very interesting to see where technical support is established here
simmsc
30/1/2024
21:30
Frontier need to milk the Planet brand.

Planet Museum. Planet water park. Planet city. Planet hospital.

Obviously they are smaller titles but the return on investment would definitely be good.

mortal1ty
30/1/2024
21:22
Frontier's Planet Zoo is finally coming to PS5 and Xbox Series XS this MarchPulasthi AriyasingheJan 30, 2024 13:38 ESThTTps://www.neowin.net/amp/frontiers-planet-zoo-is-finally-coming-to-ps5-and-xbox-series-xs-this-march/
parob
30/1/2024
21:14
Frontier have announced Planet Zoo will come to consoles. Easy win. Maybe a 5 to 10 million revenue event. Should support expectations and cash flow.
mortal1ty
25/1/2024
14:37
Wonder if the bottom went in for the sector in December, when both FDEV and TM17 hit share price lows.Decent results out of TM17 today and that's up over 7%.
parob
Chat Pages: 291  290  289  288  287  286  285  284  283  282  281  280  Older

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