Game Digital Share Discussion Threads

[larva] 15/11/2017 07:31

Major new social and competitive gaming initiative launched - 'BELONGTM by GAME'

Following a successful trial of the 'gaming arena' concept launched a year ago, in March we announced plans to accelerate and expand our roll-out plans for our experiential retail concept, BELONG, in the UK. We have now opened 19 gaming venues (18 BELONG in-store arenas and one stand-alone gaming lounge trial), with further openings planned for 2017/18. A tribe identity has been established at every BELONG arena, to inspire players to feel part of their local community and encourage group and team participation in the inter-arena tournaments and local competitions.

The performance of the BELONG arena stores has been encouraging and continues to improve as we continually refine the offer, with a positive trend in pay-to-play utilisation rates, the growth of B2B income and venue hire for parties and events. In the first quarter of the new financial year, gaming hours played totalled c.90,000 which is up over 110% versus Q4 of FY16/17. The concept is successfully driving increased footfall, higher in-store dwell time and attracting a new customer demographic, with 25% of BELONG customers new to GAME. Importantly, we are achieving a retail sales uplift relative to the estate average in these stores, with the greatest impact seen in PC gaming and VR categories and core categories such as PlayStation 4 have also benefited despite consolidation of store space.

[larva] 15/11/2017 07:27

Current Trading - A H E A D!!!!!!!

Trading for the first 15 weeks of the year has been ahead of Group plans, with Group Retail GTV up 5.4%. GTV in both UK and Spain are up on last year 1.8% and 9.2% respectively in local currencies reflecting the benefits of Nintendo Switch, the recent launch of Xbox One X and a stronger performance from new game releases this year. Over the same 15 week period, mint sales in UK and Spain are up on last year 8.8% and 10.7% respectively. Accordingly, at this early time in the year, the Board remains comfortable, alongside all the strategic initiatives moving forward, with the prospects of the Group in the future.

[nw99] 14/11/2017 10:59

Results will be a kitchen sink job .Out with the old in with the new

[bookbroker] 14/11/2017 10:32

I think they have learnt that bricks and mortar are not really the future, hence the plans to grow the esports side, we’ll have to see, consoles will be bought and sold in the traditional way I guess!

[mystic meg1] 13/11/2017 23:09

Not that I'm cynical but I can't help but expect the usual bad news and profit warnings soon to be released along with the obvious blame on the gaming industry position in the cycle worldwide and Game being better than industry (thanks to Spain... But for how long will they grow) No doubt the saviour of the business being the experiential and "Belong" showing strength and expectations for the future growth to underpin the long term strategy along with the next generation of consoles (which are in essence a humble iteration of the true next gen of 2013). What happens in circa 2020 when the cycle produces the expected consoles without CD drives without the need for physical software and relies on bought on line downloads rather than CDs that we still traditionally go to bricks and mortar outlets such as Game to be the first to buy and master and have the bragging rights for. Let's remember last time Game PLC didn't manage to survive until the next generation console launch of 2013. It'll be an interesting 3 months.

[john09] 13/11/2017 15:49

What's semrush

[thevaluehunter] 13/11/2017 15:48

Just had a look at the semrush traffic stats for game.co.uk and game.es. In my opinion the charts look pretty good.

[john09] 11/11/2017 15:13

I think we are all hopeful the trading update gets things moving. I notice after last years we bounced to 70p

[odsjp] 11/11/2017 11:41

I would have thought it is somewhere inbetween the two figures based on the cash.

Their last trading update mentioned cash is 4M higher at year end plus they paid out two dividends in that financial year (1.67 - 05/08/16 and 1.75 - 10/02/17) totalling 3.42p which equates to 5.8M.

So that would be approx 10M cash increase if they hadn't paid dividends, so would have thought net profit to be around this figure as not aware they have taken on debt to pay the dividend. This company appears to be undervalued in my view.

I also like the company and believe it will generate signficantly more xmas revenue this year based on the new consoles and games that are available. I also recently went to Wardour street to see one of the new Belong venues and was impressed.

[thevaluehunter] 10/11/2017 00:45

I thought they issued the ebitda downgrade in the summer because of nintendo switch console supply constraints so I would hope those are flowing into the current year.

[nw99] 09/11/2017 14:45

Liberum forecasts a £4.1m loss for the year ended in July, reducing to £3m and £1m over the next two years.

[bookbroker] 09/11/2017 14:03

Better if they did not pay a dividend, and rebuilt confidence!

[odsjp] 09/11/2017 14:03

Results out next Wednesday.

We know cash is £4M higher then last year so would expect a final dividend of at least 2p (cost 3.4M). A final dividend of 2.5p would be income of almost 10% (as 1p already paid) at current share price which suggests to me that there is scope for the share price to move up.

I also expect a good Christmas with new Nintendo Switch and associated games, new Xbox and that is before we look at Esports future. I think we have seen the bottom and believe things are looking more rosy.

In addition Gfinity (Esport competitor) has little or no revenue, just raised 7M and is valued at over 50M. GMD on the other hand is valued at 66M, 47M cash with revenue of 800M.

[bookbroker] 09/11/2017 13:07

Chart is good NW99 on a 6 month view, has bottomed, what do u wish, the sell most likely minority holder, we’ll see!

[nw99] 09/11/2017 13:00

Must be an RNS holding for that reduction hope they don't sell anymore

[john09] 09/11/2017 12:44

I've got orders in and they aren't filling

[nw99] 09/11/2017 12:41

1.8m sale hence weakness

[nw99] 09/11/2017 11:55

Chart isn't pretty

[john09] 09/11/2017 11:36

I think this is a little downward before the next leg up

[basem1] 09/11/2017 11:29

What the hell was that spike to 46p about last Monday. I'm about to throw em out, can't take much more.

[nw99] 09/11/2017 11:28

Results wont be great its the esports we are interested in

[bookbroker] 09/11/2017 09:51

CEO cannot afford any more slip ups here as we head to results and new releases, he needs to offer an upbeat assessment of this company and its place in the entertainment industry, so far under his stewardship he has trashed the share price, the jury still out but am hopeful, today price being worked down, it’s all on Gibbs, otherwise he should be given the boot!

[bookbroker] 08/11/2017 09:23

Looking at Ubisoft, one has to assume that GMD. resell their games, seems Ubisoft suggesting very strong interest in Assassins Creed, could this be positive for GMD., skinny margins or not!

[bookbroker] 07/11/2017 23:21

I think the story here is not the trading within the stores, it is more about the growth of ‘Belong’ and the esports side of the business, that is where they can grow meaningfully.