Game Digital Share Discussion Threads

[grahamwales] 15/11/2017 13:53

Digital gaming is a dying business back to 25p in a couple of weeks

[grahamwales] 15/11/2017 13:45

Way overvalued m cap

[grahamwales] 15/11/2017 13:30

£10!mill loss directors leaving not good news

[grahamwales] 15/11/2017 13:22

How low is this going, When are they looking to delist?

[john09] 15/11/2017 10:38

I've heard enough to know the woes are over and the good times could be around the corner. I've added today and will hold into 2018 . I'm expecting analyst coverage and tips to follow. Today the share price will do nothing as short term traders move out.

[thevaluehunter] 15/11/2017 10:31

I guess there could be p&l refurb and training costs associated with the Belong refits given the capex is £100k per site. It could be argued that this could be stripped out and moved into pre-opening or exceptionals. The payback period looks v.good with Belong and they just need to get them rolled out asap.

[john09] 15/11/2017 10:19

Xbox one x they pre ordered loads, sold the lot, sold all week one stock too and are in a much better position than they have been with other console launches. They have stock as of today . The uplift in performance of first 15 weeks does not include Xbox one x which only came out last week

Belong they expect more than 100 and they make additional £100k plus per location broadly . Actual numbers are on the slides which will be on website after it's finished

Everything sounded positive , a many headed beast these days. Launching some elements in UAE and Mexico

[larva] 15/11/2017 10:17

Positive current trading in both markets
• GTV of Core Retail up 5.4% in first 15 weeks of FY18 (up 14.2% in Spain and 1.8% in UK)
• Nintendo Switch launched on 3 March, to strong consumer demand
• Strong growth in PlayStation 4 category (hardware, software & accessories)
• Xbox One X successfully launched on 7 November 2017, total hardware sales in first 15 weeks up 14.5%
• Stronger year on year physical software performance, up 9.2% in first 15 weeks
4
Market dynamics and trading performance improving

I mean wow. JUST WOW

[hatfullofsky] 15/11/2017 09:49

John09 would be interested in a summary if you have time, I'm in transit

[john09] 15/11/2017 09:47

I'm watching the presentation

[hatfullofsky] 15/11/2017 09:33

Larva, they turned a £16m HY PBT to a £10m FY LBT. Belong currently less that 2% of total revenue. It needs significant growth to start making a material impact

[larva] 15/11/2017 09:18

First 15 weeks ahead of expectations. In a normal market this would have been 50p

[john09] 15/11/2017 08:49

Notice that they will double the number of belong in U.K. But tucked away later it also says they'll commence roll out in Spain, where the number of stores is much higher

[nw99] 15/11/2017 08:34

Stocks down ?

[john09] 15/11/2017 08:06

The bulls like it judging by the share price

[larva] 15/11/2017 08:03

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.

[hatfullofsky] 15/11/2017 08:01

Not so sure, they turned a £16m HY PBT to a £10m FY LBT. Belong currently less that 2% of total revenue. It needs significant growth to start making a material impact but that particular news is very good, I like the additional footfall (new to GAME) the longer time in store and the sell on stuff. Unfortunately, I feel, there are some negatives that will be seized upon short term. Fingers crossed as this is now my largest holding.D

[john09] 15/11/2017 07:59

Market knew everything about last years results already. The year ended in July. It's current trading and outlook that's important

[basem1] 15/11/2017 07:54

What about the dividend ? Yes it shows prudent management but the market may not like it ?

[john09] 15/11/2017 07:49

"After 2 years of declines, our core UK console market returned to growth in the second half of our financial year on the back of the launch of the Nintendo Switch. This growth has continued into our new financial year in both of our key territories. Whilst we remain mindful of the structural headwinds that remain in our core markets, we expect recent positive market dynamics to continue into our peak Christmas trading period, driven by strong growth in all elements of the PlayStation 4 category, continued customer demand for the Nintendo Switch, the launch of Microsoft's Xbox One X and continued stronger demand for related software.

[john09] 15/11/2017 07:48

Looks like there is plans to double the number of belong arenas too in the current year - excellent

[john09] 15/11/2017 07:46

Good. Onwards and upwards. New buyers should be coming in here