Game Digital Share Discussion Threads

[jinvest1] 17/1/2019 11:10

Oh nice so they shut down old, unprofitable stores - overall sales decrease - but profit margins increase = $$$.

Thanks!

[bookbroker] 17/1/2019 11:08

Probably shutting old unprofitable, low turnover stores, like for like are the existing stores!

[jinvest1] 17/1/2019 10:52

Could anyone explain to me how UK sales can decrease 4-5% but like-for-like increase? Just don't really understand the differences between these two measures.

Apart from that, this is still unbelievably undervalued. 40m market cap on 96m cash, increased profit margins & steady (I think) sales. Alone this would be okay - but in 2020 you have new xbox, playstation releases and hardware is their big money makers. Also diversified between UK and Spanish markets.

I think having survived quite easily this 'worst Christmas on record' this is an excellent long-term prospect which I could see trading at 2-3x current price at the end of 2020.

[supercity] 17/1/2019 09:49

If the lease agreements can't be agreed at attractive rates

[supercity] 17/1/2019 09:49

I can see massive potential here with mike Ashley being a big holder - what's to say they don't look to move many shops in to some of his other stores to save moneyGame and sports shop together is surely a teenagers dream lol

[abid6814] 17/1/2019 08:34

My reading is with 200 lease agreements up for negotiation in 2019 they will begin to make decisions around sites that impact Belong. Also lots of stuff happening with Debenhams and Ashley + HMV which might create new space opportunities.

[momentofclarity] 17/1/2019 08:32

Not a huge amount about belong in the update....does that mean it's not performing as well as expected?

[supercity] 16/1/2019 13:44

I have not had a share move from the main market to AIMI am right in believing we don't need to do anything and it will all be transferred for us (providing they get the votes they need)I have them in my SIPP

[jinvest1] 16/1/2019 10:31

RNS tommorrow!

[hugepants] 05/1/2019 11:23

GMD look interesting at 22p

[boonkoh] 28/12/2018 17:08

HMV going into administration. Is this going to help GAME if they close down stores? Does HMV sell games and consoles?

[imnotspartacus] 13/12/2018 15:32

If funds need to sell they will need to sell a lot more over next few weeks & it's not a sellers market at the moment.

[mystic meg1] 13/12/2018 14:53

Thanks both...I consider myself a little less ignorant on this subject.

[site manager] 13/12/2018 14:37

They will not be able to own or trade AIM stocks.

[mystic meg1] 13/12/2018 14:08

Hi TSmith2... I'm totally ignorant to this, why would they need to sell? I'm also struggling to understand why they are wanting to do this in the first place but again that's my ignorance.

[tsmith2] 13/12/2018 13:52

Some funds will need to sell...

[tjb23] 15/11/2018 15:19

Massive buys now gone through. Explains price drop earlier. Upwards from here is my guess

[podgyted] 08/11/2018 08:16

Liberum

"FY18 adjusted EBITDA of £10.1m (+26% y-on-y) is in line.
Operational efficiencies have realised material costs savings
as planned. These, together with an improvement in Events,
Esports & Digital, have more than offset the challenges in a
tough retail market. Recent trading is encouraging, but we
prudently trim our EBITDA forecasts by c.5% given the
uncertainty in retail generally. Strong net cash underpins the
valuation and continues to support investment to accelerate
diversification into additional, long-term revenue streams"

[supercity] 08/11/2018 07:28

Net cash 58 millionMarket cap 48 millionAnd... Though early in the year, the Board remains cautiously optimistic with the prospects of the Group in the future. Trading for the first 14 weeks of the year has been ahead of the prior year, with Group Retail GTV up 4.5%. GTV in both UK and Spain are up on last year 6.6% and 1.7% respectively in local currencies reflecting the benefits of a stronger performance from new game releases this year. BELONG pay-to-play performance has been encouraging for the first 14 weeks, up 50% year-on-year (excluding the two new arenas).Share price seems ridiculously low to me

[tjb23] 12/10/2018 07:07

Good to see a permanent CFO in place. And also stake building by Miton group. Looks a very good opportunity to buy imho

[john09] 07/10/2018 12:55

All quiet here