Games Workshop Share Discussion Threads

[christh] 24/6/2020 16:20

A great buying opportunity

[christh] 24/6/2020 16:18

It will bounce back up tomorrow at £83-£84

Target price £90-£100 so stay in and follow the trend

[bobaxe1] 24/6/2020 09:19

Oh well back to 7

[ianb114] 23/6/2020 14:12

hxxps://www.thedailymash.co.uk/news/business/queue-outside-games-workshop-reaches-two-meters-20200623197764

[sogoesit] 18/6/2020 11:28

Hi DD, I think you missed the pull-back to £77.
As Recut says, next stop £85. On track for £90+

(I joined this party late but the share price beat some sense into me and I surrendered at £66).

[recut more] 17/6/2020 20:01

Lovely, broken through £80, was waiting for that as couldn't seem to close past it recently, brilliant, hopefully this is the start of the rise to the £90+

[discodave4] 16/6/2020 11:34

bisho Never do!......just didn't realise when sold GAW that it was one of those unique businesses where normal value metrics just don't apply.Wish you well here, may just re-join on any dips.

[bisho4] 16/6/2020 11:02

Disco, never forget value when buying a share. Thankfully, GAW is excellent value. It just depends what price you pay for it :)

[robinnicolson] 16/6/2020 10:53

More on that Jeffries 'buy' reiteration yesterday with a 8,900p PT:

"We are not getting carried away with one month of trading but see the rapid bounce-back as a demonstration of the group's loyal customer base and clear underlying momentum.

...confident that the quality of the business, top-line growth opportunity, high drop-through on incremental revenues and potential for forecast upgrades, will support further upside."

[discodave4] 16/6/2020 10:40

ScooperDo hold in a way via an equity fund (VT Downing Unique Opportunities) but it's not quite the same IMO.Good luck

[scooper72] 15/6/2020 19:08

I'm certainly going to figure out a way to increase my holding. Either by averaging down if it drops or by buying little chunks as it rises with some v loose stop losses factored in.

[discodave4] 15/6/2020 18:23

Keep shaking my head!, can't believe I sold these in 2018 @ £30 after making 80% profit as thought they were getting way too expensive.......doh!.Perhaps I should just buy again and forget value!.

[sogoesit] 15/6/2020 12:07

Not only encouraged, Suet, it is essential that they do otherwise they lose their independence to do as they wish in the (relatively)-free market place.
If not the risks will multiply (see the betting industry and Apple's "time-controls" on mobile games).

[robinnicolson] 15/6/2020 11:54

Jefferies have raised their PT from 8,500p to 8,900p

[suetballs] 15/6/2020 08:42

I think all companies that are in a position to repay / part repay government support should be encouraged to do so.
Suet

[cockerhoop] 12/6/2020 15:48

Back to the numbers - above £120m revenue in the 4 trading months of H2 is a pretty impressive performance. Perhaps a little trade channel restocking bounce at the end of May. Suggests in normal times H2 would have been well ahead of H1.

[nod] 12/6/2020 13:50

I've worked in IT since the 70s. It has served me very well, enabling me to work all over the globe, enjoy life in exotic locations, and earn a good living.
There is a tendency to invest in areas you know - or think you know. Most of my losses came from IT investments. Some would do well for five years or so and then crash into the side of a mountain. Nothing wrong with the technology but they lost out to cheaper, lesser competition.

I own heaps of books on trading but not many books on long-term investing. There are not many.. Publishers don't make money out of boring books. But investors do.

[scooper72] 12/6/2020 11:49

Sounds much less stressful. Might try taking a leaf out of your book. 48 and looking for peace of mind which the markets don't often offer. It did cross my mind that I should hold less stocks and just go for those I believe will work out over the long term above and beyond the markets ups and downs. Probably also easier that way to manage averaging down etc.

[nod] 12/6/2020 11:43

I don't do short-term bets anymore - nor give advice. I gave up on short-term stock trading some 20+ years ago. At which time, I looked for fewer long-term investments.Some got demolished in the dot com crash and the GFC crash.I will be 68 y/o this year and although I'm often tempted to have a little gamble, I force my inner-self to opt for the safe and steady investments with a 30 year horizon.Well, maybe a 3 year horizon :)I don't check share prices every day.

[scooper72] 12/6/2020 10:28

Nod - As the initiator of this GAW conversation here what would u say to someone who was a bit impulsive yesterday and would now like to increase their holding. To be blunt how much scope do you see for this falling back to under 7000p?

[nod] 12/6/2020 10:13

Professional and trade middle class I would say. The rich kids are doing motor sports at 12 y/o.The times they are a changing.

[nod] 12/6/2020 10:07

"Like the Mafia"GAW directors will like that one :)