Games Workshop Share Discussion Threads

[nod] 07/4/2018 23:52

You're absolutely correct, but this does not stop the market from reacting to dramatic headlines about high street spending (both good and bad news). In the 20 years I've been following GAW it has been called a retailer, even by analysts who understand the business and are promoting the share. They do own 450 stores so it's inevitable.

[rhomboid] 07/4/2018 14:49

Anyone treating GAW as an investment bellwether for U.K. consumer spending doesn’t understand the business it’s routes to market,its international nature, or the profile of its customers

..in short they’re wrong🙂

[nod] 07/4/2018 11:18

I saw that the GfK confidence index was rather good at end March. Beat expectations by 3 points and was the highest level in nine months. However, the press seemed to create dramatic headlines around the High Street spending in March, down because of the weather, although much better overall retail when online retail is included. Maybe more people bought their groceries online rather than brave the ice.

"The GfK consumer confidence index in the UK rose by three points from the previous month to -7 in March 2018, beating market expectations of -10. It was the highest reading since last May, due to an improvement in expectations over the next 12 months regarding households' personal finances (up five points to 10)..."

[robinnicolson] 07/4/2018 10:53

The view of The Times is that the share price decline in GAW on Friday was due to "worries about consumer confidence".

[nod] 07/4/2018 01:11

The dramatic fall is possibly down to the BDO UK Retail sales figures for March. Like for Like down 10.1%Obviously caused by the really bad weather across the country.In GAWs case many of the purchases are possibly just postponed, rather than permanently lost.

[shanklin] 06/4/2018 17:11

LOL, no intention of selling.

[hawaly] 06/4/2018 17:01

over tired.

[shanklin] 06/4/2018 16:29

Quite a shake if one isn't 100% sure about the merits of holding GAW.

[cockerhoop] 04/4/2018 10:30

Suspect a dividend declaration will be announced in the next couple of weeks.

[nod] 04/4/2018 04:47

Hope you all had a good Easter break.

Overview of PC games

[nod] 28/3/2018 04:10

2 inflation-busting dividend growth stocks for a starter ISA

Motley Fool, 27 March 2018

Over the past five years, the company’s dividend has grown by just under 20% per annum, which gives me confidence that the payout can continue to grow above the rate of inflation in the years ahead.

[discodave4] 27/3/2018 13:17

Looking perky today.

[nod] 25/3/2018 22:10

Interesting video. Takes me back. I graduated in 1975 at the time D&D was first released. I was aware of Ian Livingston and Steve Jackson as they were also Cestrians and had lived just down the road from me in Cheshire. I remember rich people owning Owl & Weasel. I couldn't afford the 10p.

[dsct] 25/3/2018 17:15

Short video on BBC website about founders that may be of interest to some:

[woozle1] 25/3/2018 11:57

I'm not denying there is overlap but - from experience - Hobbyists are much likely to play a PC game and than vice versa. And the point is that the company are not widening the market for the Hobby but tapping into an existing market of people who play PC games; which is all good because they are establishing a regular royalty income stream. For those with longer memories, LOTR did very little to recruit to Hobbyists and, at the time, that ran contrary to many investors expectations. History may not repeat but it rhymes. All I'm saying is that I'm not getting too excited about Vermintide and I've history on my side.
w1

[nod] 25/3/2018 11:10

Those recent interviews / reviews of the game highlight how they understand Warhammer very well over two or three decades of experience ... and how good computer games introduce new players to the hobby. Over the past year I've mentioned that this was my personal experience 10-15 years ago observing my son and his friends every weekend for a few years. The boys were all a bit different. Some liked to play computer games primarily, a lot; some liked to paint and make models; some hated painting and paid for others to paint their models but liked tabletop gaming and computer games; others didn't like tabletop in the stores but were happy to play at friends homes. Everybody is different. There is no one size fits all. I don't believe there is no overlap between the hobby and computer games. I know there is considerable overlap. I don't believe the overlap is in one direction i.e. Models to computer games.

[woozle1] 25/3/2018 09:09

Not sure why everyone is so excited about Vermintide because it's small change relative to the overall profits and there's v little evidence that these games recruit new players. It's the sale of miniatures and the new releases and everything around that (i.e marketing, word of mouth, social media, the store managers, getting stock to the stores etc) that is the main driver behind the profitability. I think you are all getting fixated - understandably so - on what you can see and overvaluing that information and not on what you can't see (as we don't see the monthly management accounts). It's what's not visible that is valuable in this case.

Still a happy holder.
w1

[shanklin] 25/3/2018 08:58

782k now, so 61k up on 3 days ago when I last posted.

Its a shame we don't have similar details on any other aspects of GAW's business. The only interesting info I see on that is the extent of GAW's recruitment activities, some of which is available on twitter, which suggest a company seeking significant growth in countries across the world.

[nod] 25/3/2018 05:25

A Renaissance Of Rats: Fatshark Talks Vermintide 2’s Inspirations, Success, and Future

OnlySP had the chance to pick the brain of Vermintide 2‘s producer Victor Magnuson about the inspiration behind the original game, the success of the sequel, and the future of the series.

Magnuson states that Games Workshop “review and approve everything we put into the game,” and, while that process may sound tedious, he says Fatshark’s “longtime love of Warhammer makes sure that we naturally stay within the boundaries of the IP.”

Magnuson informs OnlySP that “many in the team are hardcore Warhammer fans and have been so for decades. Anders De Geer, our game director, for instance, has been painting armies since the ‘80s and sits on a vast tome of knowledge and know-how. Even our accountant can talk for hours about the intricacies of the different Dwarven factions.” Despite the team being largely entrenched in the universe of Warhammer, a few newcomers in the staff ultimately helped the game become “a good starting ground for anyone interested in Warhammer and [appeal] to an audience that, perhaps, didn’t know that much about it coming in.”

Although the team has plans to possibly add more factions or units, the current focus is on polishing the game post-release; Magnuson and Fatshark have “plans to do more stuff in this fantastic universe.”

Warhammer has exploded in popularity amongst PC players; between Total War: Warhammer and the subsequent success of Vermintide has come a renaissance for the fantasy stalwart. Fatshark loves that Warhammer “has lately found a new audience through all of these fantastic games that are coming out and getting people either introduced to the universe or bringing them back in again,” and it has “been in contact with a lot of the other developers and have done some crossover stuff with some of them.”

[nimbo1] 23/3/2018 08:43

Maybe when everyone is out of a job they'll be more time for people to become warhammer hobbyists.

If I had to have all my money in one sector for the next 30 years it would be in gaming. In fact I might action that.

[nod] 23/3/2018 01:41

A near 3% fall on the DOW.It's not going to be pretty on Monday.Let the Trade Wars begin.

[shanklin] 22/3/2018 12:13

Nod,

Yes "earlier" would have been a better description or I could have given the post numbers.

[nod] 22/3/2018 12:09

What you are saying was also the fears of GAW's previous CEO / Chairman. The fear was, quite rightly, that inadequate third party games would damage the brand and sales of the hobby core products. There is a distinction here between a game and the core hobby which requires a different type of allegiance.I believe there is validity to the threat of damage to the brand if licensing is not tight or licensed products don't work for existing core customers. I witnessed this with the frustration in Warhammer Online AOR - users don't understand that the computer game developer is not Warhammer.My feeling is that Kevin has it right at the moment. Strong developers who can produce high quality products and keep up with new themes.

[nod] 22/3/2018 11:40

Hi Martin, I don't think you can refer to post 'above' or 'below' :))For a tablet or phone user, past posts are below but for a computer user it's above ?It's confusing when I switch between them.