Game Digital Share Discussion Threads

[bookbroker] 23/1/2018 18:43

Mike Ashley should just buy the company, shut the stores and park them in SPD!

[gersemi] 23/1/2018 18:42

WTF is going on here? I bet it's 'internals'....Ashley will have someone up against a wall kicking him in the balls

[bookbroker] 23/1/2018 18:41

Cheaper for a new listing to reverse into this and grab the loot, think codemasters looking to IPO!

[bookbroker] 23/1/2018 18:40

That’s ridiculous, hopefully the reason the FD hung his stirrups up, irresponsible cretin should have either cancelled it or re-negotiated it, that charge must have been rigged by the banks after the profits warnings!

[thevaluehunter] 23/1/2018 16:53

The finance costs are likely to be the fees for the undrawn loan facility which is massive by the way. Maybe they should drawn it down then they will have over x2 the market cap in cash.

[stamford hill] 23/1/2018 16:14

Don't worry. He will go in heavy right at the bottom. Blonde doesn't play around at these levels..

[2breakout] 23/1/2018 15:49

All I know is it you follow blondeamon you'll lose money?

[martinthebrave] 23/1/2018 15:31

Can anyone enlighten me as to what the £1.4m Finance costs relate to in the full year accounts? I am surprised to see it considering the amount of cash there is. Is there debt somewhere? Thanks.

[kazoom] 23/1/2018 15:08

Agreed john - that's why I'm still sitting on the sidelines.

Of course there is the chance of missing out on a "white swan" event, but I'm happy to take that risk and concentrate on more immediate opportunities.

[john09] 23/1/2018 14:58

Problem is (and I’ve bought back in by the way) that now the results and statements and Christmas is out of the way I don’t see a catalyst here

[thevaluehunter] 23/1/2018 14:47

I think the cash balance could be a lot higher at the H1 reporting date because jan payroll and supplier payments for xmas trading are likely to fall into H2 as they did last year.

[bookbroker] 23/1/2018 09:48

Why would you allow a refund on a network credit voucher anyway, it is going to be spent in any case or the individual just gives it away, it would be like giving a refund on a pint of milk you bought because you did not drink it before its use by date!

[john09] 23/1/2018 09:38

Net cash 38.6p

[someuwin] 23/1/2018 09:19

Know someone who took a Game gift token in store to purchase Playstion Network credit voucher at the weekend.

Had to sign a waiver foregoing their refund rights.

Sounded like a red flag to me.

[bookbroker] 23/1/2018 08:49

Think that trading statement appallingly phrased, but Gibbs is a bit of a plonker, I just pray that he gets somebody on board who is able to execute the experience strategy, they have a lot of cash and could easily blow it, that would be simply inexcusable!

[bookbroker] 23/1/2018 08:46

Don’t think it is a big deal, he is staying on until end of March, guess the immediate effect means that he has committed to departing, the business is most likely going to get out of high street and become pure entertainment and experience, effectively a much smaller operation and the FD feels he is open to bigger challenges

[john09] 23/1/2018 08:44

I’m buying, orders currently going through at 42.2 p and 42.4p thanks Mr market

[martinthebrave] 23/1/2018 08:39

Hmmmm, never like FD's leaving immediately. Stepped out of this at the bell 45.8p. I will monitor!