Games Workshop Share Discussion Threads

[nod] 19/12/2019 11:04

There were seven trades at 6000 or over. :)

[nod] 19/12/2019 11:00

Good one :))

[nimbo1] 19/12/2019 10:53

I think you can say the market has already had a decent Santa rally!

On the metrics GAW still looks like the best UK listed company to me in terms of growth, divi and ROCE combo... who knows where it might go. There will certainly be a lot of instils saying why on earth do we not own some of that...

[daijavu] 19/12/2019 10:40

I wonder if we will have a Santa rally? £70 would be good.

[daijavu] 19/12/2019 09:49

I hope so :-)

[cockerhoop] 19/12/2019 09:47

Resistance is futile :-)

Sisters of Battle will be storming the barricades in January & February.

[daijavu] 19/12/2019 09:31

Some resistance at £60

[cockerhoop] 18/12/2019 18:57

£60.70 would make it a nice round 100% for the year!

[nod] 18/12/2019 18:53

We should reach 6000p this week. US stock markets are strong despite impeachment.

[nod] 17/12/2019 20:25

GBP is still relatively low against USD. Around 15% lower than five years and 18% lower than ten years ago. What happens in the USA will have as much influence on the exchange rate as what happens in Britain. The US economy has been performing much better than Europe in recent years.

[daijavu] 17/12/2019 15:42

You are quite right. I'm at fault.

I don't normally make political comments on these boards. I just got carried away by my annoyance that he should create unnecessary market uncertainty by creating an unnecessary cliff edge when his large majority in the House means he doesn't need to.

[cockerhoop] 17/12/2019 14:53

I don't disagree but i'm trying to refrain from political comment ;-)

Let's keep it GAW - the weak pound is a tailwind as 75% sales are overseas.

[daijavu] 17/12/2019 14:38

I hold some and I'm not selling. I was just commenting on the moronic Trump clone we now have as our PM and the damage he has already starting to do to our country. The stockmarket certainly doesn't like his plan for implementing Brexit. He is not allowing sufficient time to do it properly.

Sharecast news midday today:

"London equity markets were under the cosh amid worries about a no-deal Brexit"

"the pound gave up its post-election gains."

One statement from Boris about his Brexit plans has hit both the stockmarket and the pound. That takes some doing.

[cockerhoop] 17/12/2019 12:57

If you think that then sell your stock - assuming you hold some.

[daijavu] 17/12/2019 12:28

The stockmarket is not taking Boris's pronouncements well. I think even GAW might struggle.

[cockerhoop] 17/12/2019 10:34

Keeps the £ low so actually beneficial to GAW - at least in the short term.

[daijavu] 17/12/2019 10:23

Boris's bounce didn't last long. His Brexit announcements seem to have killed it.
The plonker.

[nod] 13/12/2019 11:59

Motley Fool have a plug for GAW almost every week. That's good, but I'll ignore their posts unless special.

Investors Chronicle have a mention today (nothing new for us):

"It was a pretty good performance across the portfolio in November. Only four stocks were down and none by more than 7.5 per cent. The best performing stock was Games Workshop (GAW). It was up 28.2 per cent in response to a positive trading update, which led to profit upgrades for the current year ending May 2020 of around 9.0 per cent. In addition to the 28 per cent gain, it went ex-dividend a 35p dividend on 28 November.

Not far behind were my two investment trust holdings managed out of New York by Orbimed. Biotech Growth Trust (BIOG) was up 18 per cent and Worldwide Healthcare Trust (WWH) up 14.3 per cent. I have been a long-term holder of Biotech Growth Trust; it was one of the first stocks I added to the JIC Portfolio back in 2012. It is my way of playing the rapid technological advances being made in medical science, opened up by our relatively recent mapping of the human genome. It had a stellar first few years, more than trebling in price within three years. Since June 2015 the shares have struggled to make progress and even after last month’s move are still 5.0 per cent below their peak. The sector has been de-rated and stands at a significant discount to past valuations and to the broader market. I am hopeful that after four years of sideways movement the trust has started its next leg upwards. The more broadly invested Worldwide Healthcare Trust has been a steadier performer. I added it back to the portfolio in May this year. Having first bought it in August 2012, the truth is I should never have sold it. Worldwide Healthcare Trust is a good way of playing the growth in healthcare around the world, which is being driven by growing, ageing and wealthier populations.

[mozy123] 09/12/2019 13:55

Thats a very old orc boy in the picture, even predates my childhood collecting.

[daijavu] 09/12/2019 08:16

Great article, thanks

[nimbo1] 02/12/2019 08:21

hxxps://www.warhammer-community.com/2019/11/30/reveals-from-the-warhammer-40000-open-daygw-homepage-post-1/

see some footage from the media team - full trailer in jan...

[nod] 02/12/2019 07:32

Shares Mag (posted by MoneyWeek): "Accelerating royalty income and better commercialisation of the Warhammer brand means that fantasy retailer Games Workshop should “earn a lot more money”. Buy (5,730p)."

[nod] 02/12/2019 07:29

Norbert, I was just going to post that article.

Here's an extract:
"To prove my point about cash, take Games Workshop, the fantasy war gaming company established by stroppy young men during the Thatcher years after opening up in 1978 in Hammersmith, west London. It is one of my all-time favourite companies.

Games Workshop has grown like a triffid on a compost heap as it pursues world domination in wargaming, and is now worth nearly £2billion. It even still manufactures in the UK.

Its shares have sky-rocketed recently as investors have warmed to the cash-generating attractions of its business.

You see, Games Workshop pays out all its surplus cash in dividends to its shareholders, and you don't have to wait long for them.

Last year alone it paid out dividends five times.

Normally companies that pay dividends – and only some do – pay out cash twice each year.

Who would believe that a fantasy war gaming company that started out from a grotty retail site would now be paying out dividends of £50million each year. And a retailer at that.

The list of casualties on the High Street in 2019 is a long one, and includes Bonmarche, Debenhams, Karen Millen and LK Bennett because trading is tough out there and these retailers failed to generate cash.

Games Workshop does. It thrives and is a reminder to us all as to what is best in companies.

Cash is fact.

Tim Steer is author of The Signs Were There, a book about spotting warning signs in companies."