Frontier Developments Share Discussion Threads

[parob] 21/6/2024 09:55

It appears investors are taking advantage of the 20%+ drop following the "ahead of expectations" trading update and surprise cash increase to £29.5M.Not too long now until we hear about the new own-IP CMS game coming this financial year.

[fisternator] 20/6/2024 14:27

Diary of ADVFN fund manager. since our boy has not done his usual update on his gains. i thought i would help out.


7th May S.P £3.09
"I've bought 0.22% of the company I'm laughing" (86K Shares is circa 0.22% of shares in issue.)

22nd May S.P £2. 85
"I've made £107K tax free on fdev"

29TH MAY S.P £2.70P
"I'm up 77K"

12th June 8.15am S.P £3.30p
"i just bought 22000 shares."

Today S.P £2 50
"silence"

i make that using your own posted figure
Down £17.6 k on last weeks purchase
Down another £17k your holding of 85k since you last profits claim dated 29th May.

In my opinion your figures do not compute, the 22nd and 29th may figures show this. A circa 15p fall in 85K shares does not equal a loss of £30k. But happy to stand corrected.

So that gives a claimed £42k profit left from the £130K pro rata gain in May, and now holding 107k shares at an average 211p.

funny enough, that is around my target price issued at 330p a few months back
hmmm.
At this rate, that could be in the next couple of even this next week or so ;)

aimho

[fisternator] 20/6/2024 12:35

Anyone seen Parod? He was asking where i was only last week, and now seems to have disappeared??


It's lost 80p in one week, looks weak always and moving nicely towards the 200p range put forward by moi two months ago when at 330p.

Morality, great faux £70k top up at 330p last week , we do not all have the Midas touch like you.

[sgtwhisper] 14/6/2024 15:37

I'm happy to wait for release of new games before worrying about this not shifting. I think it'll be the II's that really get this moving but i don't blame them for not jumping in just yet.
We know staffing costs have reduced by approx. 20%, F1M budget reduced but with much more requested features, a strong back catalogue still, Jurassic game in fy26 & a good idea that PC2 will be in fy25.

I'll be taking a few days off work during F1M release to test it out and will report back asap.
If they have cleaned out the bugs and it feels much more like a sports management game, this years F1M could start clawing back losses on prev 2 releases imo. Bonus is, if it's still not right it shouldn't hurt the company too much (long term) with the reduced budgets and overall re-focus on proven titles.

Imo, Management got a first and final warning by Braben last year, the share price collapse itself could have been a sackable offence for CEO & CFO. Their actions since have been extremely positive, fingers crossed lessons have been learnt for good.

I think II's will wait for sales data of F1M or PC2 to be realised before getting back in enough to produce TR1's but we will see, not too long to wait.
GLA.

[mortal1ty] 14/6/2024 09:41

I think the market has priced in 1) not going bankrupt and 2) reasonable backlog performance at this price.

What we need for move higher is confidence around delivery. When planet coaster 2 is announced that should be part of it. Decent execution on that and F1 manager is required to put to 6.

[parob] 14/6/2024 08:33

It would be great to see some weekend press coverage/buy tips over the weekend following the trading update.Be good to get the stock on more radars to help push through 300p.

[parob] 13/6/2024 09:25

FDEV in The Times:Frontier Developments forecasts return to full-year profithTTps://www.thetimes.com/business-money/companies/article/frontier-developments-forecasts-return-to-full-year-profit-nmmkvm6nl

[cirlbunting1] 13/6/2024 09:23

Looking at bloomberg.. the analyst at db has just starting covering this stock alongside a few others in may. Cant see any history of her stock coverings prior to may. Personally... ignore analysts.

[mortal1ty] 13/6/2024 08:56

Its obvious. If you own it you hold it. If you don't own it you should hold off from buying it. :)

[edmondj] 13/6/2024 08:42

How can DB go from 'sell' to 'hold' when they haven't said 'buy', lol, it's a logical non-sequitur.

[mortal1ty] 13/6/2024 08:25

lol that DB analyst changed their tune pretty quickly. They don't want to be the wrong side of upgrades.

[parob] 13/6/2024 07:46

Some analysts were saying buy at £20+, others were saying sell at just over a £1.I'm going off my own research and other valuations in the industry for this one. I think there's plenty of room for upgrades in revenue/profit this year alone, then let's see what the future holds.This looks like an excellent recovery play from here imo, even with the recent rise from the lows.Looking for that close over 300p over the coming days then the next leg up will commence - the technical traders will help us!

[bigbigdave] 13/6/2024 07:18

DEUTSCHE BANK RAISES FRONTIER DEVELOPMENTS TO 'HOLD' (SELL) - PRICE TARGET 300 (200) P

[parob] 12/6/2024 18:08

So we didn't get the 300p+ close today. Just a matter of time imo.

[parob] 12/6/2024 11:22

Hope we get the close over 300p today. Any more upgrades from analysts?

[allstar4eva] 12/6/2024 10:37

Often happens after a good start. Mid morning dip then back up again...

[jfbonner] 12/6/2024 10:29

Yank I believe is now a firm reddit believer though they are starting to delete his posts....

Onwards with FDEV!

[mortal1ty] 12/6/2024 10:27

Pathetic move up today. The cash beat alone was £7m. That is worth about 7% of the market-cap. So the move up today is actually less than the cash beat.

[parob] 12/6/2024 10:21

Added a few at 291p. Amazed it's only up 4.5% following that update. I guess it might take a few days to fully digest the news plus many will be waiting for that close above 300p before adding.

[sgtwhisper] 12/6/2024 10:16

Out by this afternoon? I think a few of us are at least 2 years away from entertaining that idea. Barnes you're blatantly a troll, almost as childish as that little fist moron.

[mortal1ty] 12/6/2024 10:00

Me? Why? You have my trading password or something?

[barnes4] 12/6/2024 09:53

You will be out by this afternoon so don’t worry about 5-6 pounds

[mortal1ty] 12/6/2024 09:10

I think 5 to 6 pound is a reasonable target. Will require execution though on games this year.

[parob] 12/6/2024 09:06

At 600p the market cap would be £240M so about 2.5 sales.