Frontier Developments Share Discussion Threads

[mortal1ty] 11/9/2024 11:58

I mean you guys have been right so far so maybe!

The business would then be a 78m market cap with c. 30m net cash.

Fair to say only sellers today out there. Not sure the price at which larger buyers are willing to step in.

[barnes4] 11/9/2024 11:52

Definitely 1 pounds incoming

[trader465] 11/9/2024 11:47

Back to the 100’s?

[trader465] 11/9/2024 11:46

🤷‍a94;️

[trader465] 11/9/2024 11:46

Trading is simple, but difficult for simple people.


trader46511 Sep '24 - 07:14 - 7806 of 7836
A £28m loss ouch.



mortal1ty11 Sep '24 - 07:22 - 7809 of 7836
Trader - they already reported a 31m loss in H1 from mainly non-cash impairments. It's already known about. That means in H2 they recovered to a profit. So business back to profit and forecasting one too.

I do agree though. So simple minded people might not know this. Headline numbers look rough now but not next year we hope

[barnes4] 11/9/2024 11:41

I did try and warn you all

Crazy fools the lot of you

[grahamytrain] 11/9/2024 09:47

Is there any institutional investors in DDEV?

[parob] 11/9/2024 09:12

High volume day could shake out the last of the sellers, before the next move up. Potential bear trap.

[sbb1x] 11/9/2024 09:11

Nice buy 32,985

[sbb1x] 11/9/2024 09:10

Time to buy

[barnes4] 11/9/2024 09:05

True but if volume on the sell side is high as it has been of late the price will drop

[trader465] 11/9/2024 08:53

It always amuses me when people post about “a” seller. The reality is there are hundreds or thousands of holders/traders, there never ever is “a” single person buying or selling

[barnes4] 11/9/2024 08:33

A phat seller been around for weeks

[grahamytrain] 11/9/2024 08:30

Is there a big seller or just market sentiment?

[mortal1ty] 11/9/2024 08:06

I won't start panicking unless pc2 looks like a flop.

All I want to see today is good volume (at a reasonable price) to get that seller out that has been knocking the shares a few % a day.

[parob] 11/9/2024 08:03

Happy to add a few under 240 :)

[juliemara] 11/9/2024 07:48

Last time I invest in spotty teenagers who produce stuff that's of no practical use!

[barnes4] 11/9/2024 07:43

Sorry for what could be significant losses Mr Euro
You risk buying big and often you get stung
These results are awful

[barnes4] 11/9/2024 07:36

Yep I hate to say I told you

Red day today and it could be quite significant

[juliemara] 11/9/2024 07:30

For every buyer there seems to be a ready seller!

[mortal1ty] 11/9/2024 07:18

From Liberum below. Management have clearly told them F125 won't happen. I'm not surprised. F124 sold as much as F123 even though it was a much improved game. I think the F1 manager market is too small.


"FY24 results are a tale of two halves, as weak F1 Manager 23 and WHAOS disappointment in H1 was replaced by swift in-year cost actions and strong PDLC and console porting performance on CMS games in H2. H2 even saw a small adj EBITDA profit (as forecast) as recovery took shape. Looking forward the story continues to get more interesting, with pipeline visibility improving and forecasts de-risked with new releases on proven IP. We update forecasts to remove F1 Manager 2025, largely offset by upgrades to PC2 and JWE3 assumptions. FY25E/FY26E revenues move +1%/-4%, FY25E adj EBITDA losses narrow to £1.5m (from £2.6m) although FY26E is unchanged. We continue to note the material FY26E upside potential were PC2 and JWE3 to perform in line with previous iterations (>30% revenue upside; c200% FCF upside). BUY, 12-month TP 470p/share (from 500p)."

[parob] 11/9/2024 07:11

With all on track I wonder if we see any analyst upgrades.

[mortal1ty] 11/9/2024 07:06

Nah there has been weird moves in some stocks over the last few months. Look at mab1 and team17. Feels to me like a UK mutual fund is closing down and forced sellers are about.

[barnes4] 11/9/2024 07:06

Red day coming