Frontier Developments Share Discussion Threads

[purple11] 01/5/2024 13:08

breaking higher again up 9.44%now superb

[parob] 01/5/2024 12:13

Institutional buying would obviously speed up the recovery.

[parob] 01/5/2024 11:59

Some decent sized trades today. Let's hope institutions are buying too

[thebears1] 01/5/2024 11:05

I like the sound of that!

[purple11] 01/5/2024 10:42

really like the look of this

so glad im onboard. gla

400-500p could come fairly swiftly imo

[parob] 01/5/2024 10:39

Once we have pushed through 250p the move to 400p could be very swift indeed imo.

[parob] 01/5/2024 10:12

Good to see #FDEV getting noticed by some of the bigger accounts on XhTTps://x.com/shiftingshares/status/1785572934825734597?s=46&t=_ybVnpe01AP_F1Pw0JqKTg

[martywidget] 01/5/2024 08:58

strong buy signal on 2 April.

2 Apr 24 158.0 Strong Bull Senkou Span Cross
2 Apr 24 158.0 Strong Bull Kumo Breakout

[nigoil] 01/5/2024 08:44

How's your 2.3p PPP shares doing purple11?......LOL

Simples!.......;-)

[purple11] 01/5/2024 08:43

breaking out.....

[purple11] 01/5/2024 07:43

FDEV BUY HOLD ADD

[purple11] 01/5/2024 07:42

xXTiPSXHEETSXx
see CR Thread

[parob] 01/5/2024 07:08

SP has broken out of the bull flag/pennant and has started the next leg up.

[purple11] 01/5/2024 06:45

im buying here

BUYing all these prices.higher and lower gl

[mortal1ty] 01/5/2024 06:29

Why not? It's only where the shares were a few months ago

5 pound is 180m market cap. Take off the 25m (hopefully where it will be by then) net cash. That is 155m enterprise value.

That would be about 1.7x sales. Still a discount to team17.

Market will get there when it has more confidence on execution. Which is also coming through.

[thebears1] 30/4/2024 16:05

Can this one bag from here by end December?

[parob] 30/4/2024 15:59

That's ok. I think most would be happy with a third of that, £10 :)

[mortal1ty] 30/4/2024 15:41

You can work backwards.

£30 would be a market-cap of £1bn. Given a reasonably wide valuation range is 2x to 5x sales, that would imply somewhere between £200m and £500m of sales would be required... vs. £85m currently.

I am going to say that £30 is extremely unlikely given their pipeline. They aren't going for high risk options anymore. Looking for steadier, more guaranteed wins.

As much as I would like them for them build the next big thing and get to £30, I don't think its happening!

[mr euro] 30/4/2024 15:23

I built a reasonable position in these. I treat them like crypto; build my position and wait for the next cycle. The have started the next positive cycle in my view with a clear roadmap going forward. Could be a big multi-banger but I try not to look to often as they are volatile.

[parob] 30/4/2024 14:40

I think/hope they have learnt from past experience.Directors were buying very aggressively in Dec and you'd hope they know what's to come.I reckon we see a decent move in the short term, then hopefully more gains in the medium and long term. GLA holders :)

[liam1om] 30/4/2024 14:07

That was during the height of COVID when gaming was huge. A couple of bad releases since then. Management really need to be on the ball with the next release.

[amt] 30/4/2024 14:06

This was over £3,000 at one time. Is that conceivable or have there been dilutions since. I would live a ten bagger over the next 5 years say.

[parob] 30/4/2024 11:58

Possible bit of resistance around 250p then nothing up to 600p ish level.

[bigbigdave] 30/4/2024 11:50

Looking great for another leg up here.

[parob] 30/4/2024 10:28

Could make an excellent turnaround/recovery stock with very healthy cash balance.