Frontier Developments Share Discussion Threads

[koypetition81] 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...

[mortal1ty] 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.

[parob] 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.

[blackhorse23] 02/2/2024 11:44

Money moving to GNC

[parob] 31/1/2024 18:37

Hopefully new uptrend forming with higher low going in. Nice reversal today and dragonfly doji.

[mortal1ty] 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.

[simmsc] 30/1/2024 22:00

It'll be very interesting to see where technical support is established here

[mortal1ty] 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.

[parob] 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/

[mortal1ty] 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.

[parob] 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] 25/1/2024 12:39

Frontier developer showcase announced for next weekTom Phillips24 Jan 2024hTTps://www.eurogamer.net/frontier-developer-showcase-announced-for-next-weekPlanet Coaster studio Frontier Developments will host a new monthly showcase beginning next week, on 31st January at 6pm UK time, with updates on the what's next from the company.

[smithie6] 24/1/2024 14:15

Looks like the yanks are getting out of bed !
...& some are hitting the buy button

[smithie6] 24/1/2024 11:39

Trades look good....more to come imo.

...some sales are getting mopped up, slowing the rise...but the up trend is clear imo

[mortal1ty] 24/1/2024 11:30

Well those H2 releases will hopefully be enough to keep cash at c. £20m.

By the end of the year the costs will be fully out (most are already done)

That removes the need for a placing.

Then next year, we have a new game to look forward to. Onwards and upwards.

[parob] 24/1/2024 11:05

Peel Hunt's headline following the interims last week was "reassuringly in line, with 2H24 releases to look forward to" So the market is reacting very positively to those results. That's the reason I jumped in yesterday, plus really liked the look of the chart.

[smithie6] 24/1/2024 10:28

Whoosh ! :-)

[mortal1ty] 24/1/2024 10:15

..and that 1x sales... would still be a 65% discount to team17 lol.

[mortal1ty] 24/1/2024 10:04

Looks like a decent recovery is on the cards.

As I said... with no more games on the immediate horizon... no more flops!

Then 6 months from now we will have a Planet Zoo 2, or a Planet Coaster 2. Or maybe another interesting content management sim to get the market excited.

Hopefully, we hold cash c. £20m. Then move to 1x sales. That would be a £120m market-cap, or 100% from here.

[parob] 23/1/2024 17:35

Well a close above 150p is encouraging. Hopefully bottom is in and share price will move up to close the gap on the chart up to 200p for starters.Recommend any potential investors watch the recent result's presentation:hTTps://www.frontier.co.uk/investors/fy24-interim-financial-results-presentation

[mortal1ty] 23/1/2024 15:33

Team 17 makes £140m sales and is valued at £300m.

FDEV makes £80m sales, and is valued at £55m.

Rewards are there... but need to start making games profitably. Hopefully it will come.

[parob] 23/1/2024 14:36

Entered here today. Interims were much better than the market was expecting. Cash is decent:Microsoft Game Pass subscription fees for F1 (R) Manager 2023 and Jurassic World Evolution 2 were received in December 2023, with cash at 31 December 2023 growing to GBP19.9 million. Cash from the sales recorded in December will be received from platform and channel partners in January and February.Going back to focus on CMS games I think is a good move. Market cap only £59M so loads and loads of room to grow.Like the look of the chart too :)

[smithie6] 19/1/2024 09:38

..it's on the move...up !

---
Then back down !

[smithie6] 18/1/2024 14:54

Does the chart for today infer that yanks are buying FDEV shares today ?