Frontier Developments Share Discussion Threads

[liam1om] 19/7/2018 17:45

I'm leaning towards a place to fund an acquisition. I guess we will find out in the next few days as they will need to say something as its obviously leaked.

[shanklin] 19/7/2018 17:37

Given the extent of the share price drop, FDEV really should be updating the market that they have no knowledge of the reason for the share price drop.

Were it a placing to fund an acquisition conceived when the share price was a lot higher, they really should be considering pulling out of the acquisition or paying for it with cash plus debt.

[square1] 19/7/2018 17:22

Certainly this entire episode is very strange. If any of the large holders wanted to sell they wouldn't be doing it like this as it damages their exit price. The most likely factor is I suspect a placing funded acquisition and the Company is being played due to a leak. I would assume any planned acquisition would be earnings enhancing, so in the long run, a positive. Given we know where sales are it can't be down to poor trading and we already know they are working on at least 2 new franchises. If it is an acquisition let's hope it gets done soon!! Not a pleasant day

[endion] 19/7/2018 16:48

If they are deferred trades then they could well be sells.

Large after hours trades going through, as they have every day this week so far.

[liam1om] 19/7/2018 16:33

Currently uncrossing about 10% down on the day. The seller seems desperate to get out at almost any price. Surely there would be a better way to exit rather than trash the share price.

Alternatively, someone knows something. The only two factors that I can see that would have a large negative impact at this stage is either a possible fund raise or there is an issue with the next franchise. I can't see either of those two being possible and I'm sure in a couple of months when we approach the finals we will look back on this as a real buying opportunity.

[thefartingcommie] 19/7/2018 16:32

....good aft Gents..(+Ladieees)...


re... the LRGS flag means that the reporting of the trade has been deferred.

is it possible that this a late reported trade.....and is in fact a sale?

[endion] 19/7/2018 16:30

Thanks makw61, am on the mobile and dont receive all the usual info that you can access on a desktop.

Usually large delayed trades are announced later but with an accurate time of execution.

[makw61] 19/7/2018 16:23

Endion, the LRGS flag means that the reporting of the trade has been deferred. I'm happy to be corrected on this but i think the time of 16.01 is the time it was reported and that the trade took place earlier in the day. The idea is that large buyers/sellers don't have to advertise to the market what they are doing, by removing the obligation to report the trade straightaway. Interested to know who is accumulating the shares.

[endion] 19/7/2018 16:04

Trades are making little sense at the moment over all. A trade for 11k shares at £137k went through at 16.01 fir 12.35 when the share price was 12.00, and had no effect on it, aside from making it fall of course in the alice in wonderland we seem to live in.

And another 16k shares @ 12.35 just gone through well above current share price levels.

Could be they are putting the large trades through at a previously agreed upon price, yet gathering shares from lower prices to cover these orders.

There is a fourth franchise in full development and a fifth in pre-development.

[mad foetus] 19/7/2018 15:59

FDEV is about the only blot on my portfolio at the moment, though BA delaying me for at least 2 hours at Dubrovnik Airport is currently twisting my melons

[bamboo2] 19/7/2018 15:57

Rich, When browsing the bb's on a mobile, I have noticed that it is easy to inadvertently hit the thumbs up or down. Obvs you have to be blue to down vote though!

mf, KWS on the move too. So much so that the cash I had earmarked for adding there has been spent here instead. SPE has paid for my Summer Hols for the past two years, looks like it will be doing it again this year. :-)

[villarich] 19/7/2018 15:25

Haha yeah exactly! I'd also like to know which sad case has given me a thumbs down for my last comment. I'm not normally bothered but whoever they are needs a humour transplant.

[mad foetus] 19/7/2018 15:11

Really feels like someone has put both hands up my butt and is trying to pull them apart. Thankfully SPE and HCM are taking my mind off an otherwise unpleasant sensation

[mark4231] 19/7/2018 14:47

Excellent news from FDEV today about JWE sales. Our guesstimates for JWE sales so far seem to be pretty good - and all at full price too! So, I'm confident with an estimate of 4m JWE sales for the full year now. I expect JWE will be be discounted on Steam in the run up to Christmas and it selling very well then as certainly many are waiting until the games goes on sale to buy it - the usual FDEV substantial game updates will help. Plus Planet Coaster seems to continue to sell well too. As for the 4th franchise, we may not know what it is but as long as it is still coming (and FDEV would have to update us if it wasn't I assume) then all should be fine.

With all that, I'm surprised at the extent of the recent pull back and shocked at today's fall - seems inexplicable when, to me, the share price was already undervalued and then excellent news comes along. Shaking my faith in the stock market a bit.

Anyway, LTH and staying as a LTH. Hopefully my faith will be rewarded eventually.

[endion] 19/7/2018 14:41

Haha villarich! Maybe we should have some negative news to push it up. How about a decision to make a power puff girls game, thats aweful enough to reverse this positive news drop.

[villarich] 19/7/2018 14:37

I don't think I want them to release info on the next franchise because at this rate it would push the price down to a fiver!

[bamboo2] 19/7/2018 14:26

I have started buying more.

[shanklin] 19/7/2018 14:14

makw61

I really doubt the share price move is in any way related to the announcement of Franchise 4 but it would obviously be helpful if FDEV could provide guidance as to when it plans to:
- provide an outline description of said franchise, and/or
- release the game.

[makw61] 19/7/2018 13:56

Shanklin,

i think you're right in that the licensor of the IP for the fourth franchise is probably controlling the timing of any announcement. However, any listed company would have to have the ability within the licensing agreement to release information that they deem price sensitive. Otherwise they would have to choose between breach of contract or breach of listing rules. Not a great position for the directors! As i've posted before this is a subjective area, but becomes less so as the price falls....

[allstar4eva] 19/7/2018 13:45

No worries. Thanks Endion

[endion] 19/7/2018 13:44

Apologies allstar, i misunderstood your post.

Having just been watching level 2, someone is undercutting both bid and ask prices. Selling to orders much lower on the bid stack, and dropping the share price in the process. If this is not manipulation or supression of the share price, why would someone sell well below a price that is offered?

They are determined to push this into £11 territory.

[shanklin] 19/7/2018 13:34

makw61, nimbo1

Thank you respectively for the link to PP/Hastings January article and the reference to an analyst meeting.

I am glad to see there has been no release date commentary in any RNSes, beyond the more generic stuff in

Perhaps the 4th franchise is for an external client which changed their mind on when it could be announced to the market.

[allstar4eva] 19/7/2018 13:23

Endion,

Please read my post:

The 8m units was not a sales forecast but a comment on what is possible for a blockbuster game and it was mentioned in a broker note.

"Video game adaptation a well trodden and successful path – the top 20 most successful film franchises (by box-office revenue) have all been adapted into video games and of which, 19 have sold more than 1m units – average: 15.4m, median: 8.1m. Jurassic Park is one of these 19 and importantly, we do not feel that the brand has been overly monetised already, as the last (console) game to be released was in 2003..."

[endion] 19/7/2018 13:08

No-one has ever set a target of 8m unit sales. Not sure where you got that from.

[nimbo1] 19/7/2018 13:06

however despite all the annoyance etc I would imagine the selling is almost over - there is a limit to these things and the market is not stupid.

HPCG you may be right, also agree with you. All these things are possibilities!