Game Digital Share Discussion Threads

[in for a penny_in for a pound] 24/8/2017 11:13

I think so.

50p today or tomorrow.

Look at sell side, who wants to sell big none?


Bid offer
331K vs 91K

[tsmith2] 24/8/2017 11:12

Loonies out. Time to bank some profits pro tem

[babbler] 24/8/2017 11:12

£1 likely this year? 50p soon..

[in for a penny_in for a pound] 24/8/2017 11:10

"GAME has made further progress in the second half of the year as we continue to focus on developing our strategic initiatives whilst creating a new cost base for our UK retail business to address the challenges in the UK console market. We have been encouraged by the recent growth in both the UK and Spanish markets overall and we expect that this momentum will continue into peak trading driven by the benefits of continued customer demand for the Nintendo Switch, the launch of Microsoft's Xbox One X and a strong line up of new games releases," said Chief Executive Officer Martyn Gibbs.





"We have reviewed our operations and are now accelerating development plans as we seek to fully capitalise on the strong growth potential in our exciting and growing esports activities," Gibbs added.

[in for a penny_in for a pound] 24/8/2017 11:07

Punters could easily double or triple their money here by christmas in my opinion

[boom boom bang bang] 24/8/2017 11:00

Revenue is massively up


and they have cash £47m and mcap is £58M


CASH PILE could be 60m-70m+ by christmas,



Shares Rise In GAME Digital As Strong Video Game Market Boosts Sales

LONDON (Alliance News) - Shares rose in video game retailer GAME Digital PLC as it said on Wednesday its gross transaction value rose in the second half of its current financial year, helped by growth in the UK and Spanish video games market.
Shares in GAME Digital rose 33% to 32.69 pence early Wednesday, the best performer on the London main market.
For the 26 weeks to July 29, total mint sales in the UK and Spain rose by 8.8% and 26% respectively in sterling terms on a year-on-year basis, following the launch of the Nintendo Co Ltd's new Nintendo Switch console in March and helped by the weak pound.
GAME Digital's gross transaction value in the second half rose 6.8% to GBP325.4 million from GBP304.6 million the year before, bringing gross transaction value for the full year to GBP891.7 million, representing a 2.0% decrease from GBP912.6 million.
On a statutory basis, revenue for the year is expected to be GBP780.0 million, down 13% from GBP882.5 million the prior year.
GAME Digital has continued to focus on the UK Action Plan it started in January 2016, with progress being made on key strategic initiatives, including the reduction of fixed and variable costs throughout the group's retail footprint. For the year GAME Digital expects to make a total cost reduction of GBP5.0 million from its UK retail operations.
In addition, GAME Digital has undertaken a strategic review of the group, choosing to prioritise the its experience based gaming proposition and esports activities. The group intends therefore, to focus management and capital resources on accelerating its esports and live gaming initiatives, in particular developing Multiplay's events and Esports activities, a company GAME acquired in March 2015.
"GAME has made further progress in the second half of the year as we continue to focus on developing our strategic initiatives whilst creating a new cost base for our UK retail business to address the challenges in the UK console market. We have been encouraged by the recent growth in both the UK and Spanish markets overall and we expect that this momentum will continue into peak trading driven by the benefits of continued customer demand for the Nintendo Switch, the launch of Microsoft's Xbox One X and a strong line up of new games releases," said Chief Executive Officer Martyn Gibbs.
"We have reviewed our operations and are now accelerating development plans as we seek to fully capitalise on the strong growth potential in our exciting and growing esports activities," Gibbs added.

[big bull billy] 24/8/2017 10:56

BUY BUY BUY
BBB

BIG BULL BILLY
BBB

[dragonboy] 24/8/2017 10:50

50p close today will be wicked.

MCAP is moving fast as our cash pile of £47M will be growing a lot faster now.


say we have £60m by end of the year, BOOOM

[big bull billy] 24/8/2017 10:45

BUY BUY BUY
BBB

BIG BULL BILLY
BBB

[thevaluehunter] 24/8/2017 10:35

It's party time!

[boom boom bang bang] 24/8/2017 10:34

Revenue is massively up


and they have cash £47m and mcap is £58M


CASH PILE could be 60m-70m+ by christmas,



Shares Rise In GAME Digital As Strong Video Game Market Boosts Sales

LONDON (Alliance News) - Shares rose in video game retailer GAME Digital PLC as it said on Wednesday its gross transaction value rose in the second half of its current financial year, helped by growth in the UK and Spanish video games market.
Shares in GAME Digital rose 33% to 32.69 pence early Wednesday, the best performer on the London main market.
For the 26 weeks to July 29, total mint sales in the UK and Spain rose by 8.8% and 26% respectively in sterling terms on a year-on-year basis, following the launch of the Nintendo Co Ltd's new Nintendo Switch console in March and helped by the weak pound.
GAME Digital's gross transaction value in the second half rose 6.8% to GBP325.4 million from GBP304.6 million the year before, bringing gross transaction value for the full year to GBP891.7 million, representing a 2.0% decrease from GBP912.6 million.
On a statutory basis, revenue for the year is expected to be GBP780.0 million, down 13% from GBP882.5 million the prior year.
GAME Digital has continued to focus on the UK Action Plan it started in January 2016, with progress being made on key strategic initiatives, including the reduction of fixed and variable costs throughout the group's retail footprint. For the year GAME Digital expects to make a total cost reduction of GBP5.0 million from its UK retail operations.
In addition, GAME Digital has undertaken a strategic review of the group, choosing to prioritise the its experience based gaming proposition and esports activities. The group intends therefore, to focus management and capital resources on accelerating its esports and live gaming initiatives, in particular developing Multiplay's events and Esports activities, a company GAME acquired in March 2015.
"GAME has made further progress in the second half of the year as we continue to focus on developing our strategic initiatives whilst creating a new cost base for our UK retail business to address the challenges in the UK console market. We have been encouraged by the recent growth in both the UK and Spanish markets overall and we expect that this momentum will continue into peak trading driven by the benefits of continued customer demand for the Nintendo Switch, the launch of Microsoft's Xbox One X and a strong line up of new games releases," said Chief Executive Officer Martyn Gibbs.
"We have reviewed our operations and are now accelerating development plans as we seek to fully capitalise on the strong growth potential in our exciting and growing esports activities," Gibbs added.

[boom boom bang bang] 24/8/2017 10:33

Revenue is massively up


and they have cash £47m and mcap is £58M

[dragonboy] 24/8/2017 10:26

40p about to get hit

[albanyvillas] 24/8/2017 10:22

90p coming imho

[760il] 24/8/2017 10:21

auction at 40p