|Game Digital PLC
||EPS - Basic
||Market Cap (m)
Game Digital Share Discussion Threads
Showing 201 to 223 of 225 messages
|Thanks mystic. So if noone is going to buy them . It is a calculation of the Net present value,which of course needs some knowledge of their market.|
|Yes Elliot was the fund behind buying out of administration and have been trying to buy back substantial shares before the AGM. Most of the c100million originally in the bank was from the floatation plus another circa15mill from the sale and lease back of the HQ. I'm sure if he could reacquire and sell on at a profit again he would but as you say who would buy at a decline in the cycle. GameStop I'm sure would have scooped them up 3 years ago if the IPO hadn't dropped a few more dollars than they could justify but like Game they are also mid free fall in the console cycle and again like Game are trying desperately to diversify into venues etc...Maybe a little too late though?|
|This share looks cheap. Two shareholders own over 65 % of the company Elliot and Woodford so I suppose share price depends on what they are up to ? Presumably Elliot are not going to take it private again and are sellers at the right price. Who might buy this business which appears to be in decline ? It does appear to generate a lot of cash though.|
|Fair comment - the divi cut may balance some of that out though I guess. Its a punt on a turnaround isn't it - we know for sure they are having a genuine go - and sounds like it will be successful from early trials to some degree - but we don't know to what extent. So a little common sense and reading of the portents is required. The OBV properly jumped here - which implies institutional analysts fancy it - which is one reading - another is the news where they are taking some turnaround measures ie cut the ex's and improve the revs - neither massive in their own right but together will improve. (Personally I think they should have ditched the divi altogether but may have had inst's to satisfy). So putting that together justifies the share price stop falling and some reversion to mean - the next phase ie a hard conf with better numbers will of course be at a higher price - so its a choice. For me, with the base at least you have some reversion to mean to enjoy, small number distortion providing exaggerated %s, and the risk reward ratio is a little more favorable down here.
Looking at the mobile mkt - theres a shift to more tablets and large phablets and they have improved - so my guess is that's the direction its partly going - so these guys moving to the beyond VR thing makes sense as that's a premium experience - selling second hand gaming tablets/phablets & VR kit would also make sense as that's where some of the hardware money is going.
This gaming analyst thinks the Nintendo Switch will be a reasonable hit - not a home run like the Wii - but better than the Wii U - so another improving sign.
free stock charts from uk.advfn.com|
|Ha ha. Been there, lost in the last dip of the Gaming cycle after hardware tailed off. Too much Capex and bigger rents being spent for my liking at a time when the new concepts haven't been proven over (beyond?) any significant period. Still end of year results will show one way or the other, then the always illusive Christmas high expectations and footfall followed by further erosion of cash let's not forget £15m plus went in the bank when the HQ was sold with a large rent from the bottom line to pay each year . I'll buy on the up at the next incarnation of Game PLC maybe Beyond VR PLC. ?|
|nothing mysterious about your desire to get in lower meg lol
~EU Counties: UK, Germany, France(Q), Spain(P), Italy, Portugal|
|Is there any real substance to the promises of a better second half? Spain have always tracked behind the uk game market, can we expect the continued uk decline to be met by a Spanish decline sometime soon...|
|Charts are timing & targeting, good news drives - so on that basis the chart is better quality than dec which only had short term divergence - this one has both short and long term bullish dvg - so dbl conf.
Plus the news is better with the acceptance that the console mkt is weaker (so in the price now), plus cost cuts, and a new plan based on successful trials of in store & VR gaming - a bit like a modern take on the old gaming arcades which also sold food & refreshments - which will lift revenues & attract a more sticky audience rather than just passing trade. Well considered mini restructure I would say.
On that basis some local range reversion to mean is justified so probably back up to the line - then a break up to 95-105 area if the next TU confirms the plan.
There's also a long term B/O on the OBV implying any overhang may have gone.|
|A squeeze on by the looks of it (noticeably quiet BBs).
Fakeout/shakeout (Linda Bradford -Raschke favourite) of 4 week break down and potentially Nov/Dec lows. A close above 46 area would open up a run to the 150/200ema I would have thought.
Whether it could be a brief squeeze as in Dec or something more long lasting, no idea.|
|Chart appears to be basing on the div cut (yld down/prc up) and mgt turnaround plan to replace some console revenue with in store gaming community revenue
29/03/2017 10:49 Alliance News IN THE KNOW: Liberum Sees "Green Shoots" At GAME Despite Dividend Cut
free stock charts from uk.advfn.com|
|thought they would be down again, marginally better than expected?|
|Not a good update, sales down 6% in first 23 weeks|
|SOmething yanking this ones chain|
|New consoles soon|
|pre order xbox elite
|Looks to be inline with market expectations and as said, cash in the bank and new potential.|
|SHOULD CLOSE 300 SHOPS REALLY|
|Why? Seems in line with expectations and within a cyclical hadware market...good things to come, no? Cash and new financial arrangements. Exploring different revenue streams. Growth in Spain. No debt pressures.|