Games Workshop Share Discussion Threads

[woland1] 24/11/2020 10:53

Interesting, could be big. Get hold of some of the Supercell's Clash of Clans market. Lots of revenue potential.

[cockerhoop] 24/11/2020 10:30

Mobile anyone?

[cockerhoop] 24/11/2020 08:48

It used to be mentioned regularly by Peel Hunt to moderate forecasts! :-)

[nod] 24/11/2020 08:25

Currency exchange rates is not mentioned very often by analysts, but is very important for GAW as an exporter. A rising GBP would damage profits.GBP has not recovered to its pre-Brexit Referendum levels. It still has Brexit hanging overhead and causing anxiety. It's difficult to see GBP rising strongly, which is good for GAW.

[1rcl] 24/11/2020 00:39

Prices for this year's Battleforce sets are now being reported.

Last year, most were $185 (with a few below at $170 and one outlier above at $200). This year, they are all either $200 or $210 (with $210 being in the majority).

If the Battleforces are made in at least equivalent quantities to last year and also sell out (as they always have done while I have followed GAW, albeit with some boxes taking longer than others), this seems supportive of margin improvement (something GAW is always targeting).

These go on pre-order next weekend, so they should give a good start to H2 revenues.

[patient fox] 23/11/2020 21:38

fast forward to 18:13 for gaw comments.

[thewheeliedealer] 23/11/2020 21:22

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes GAW. We also chatted about loads of other Stocks and Ideas for research and did a particular bit about Luck vs Skill. We also discussed the outlook for Markets and as usual a fair bit of educational stuff with regards to Investing.

Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 36) and you can find it on Soundcloud at the link below. It is also now on Youtube.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer

[sogoesit] 20/11/2020 09:58

Here's a good list of the uk indices by market cap for promotion/demotion.
Next review date is 02 December...



GAW is at 121.

[mad foetus] 20/11/2020 08:40

Added this morning, think that once it breaks beyond 100 it should regain aths

[shanklin] 20/11/2020 07:35

LOL, the spread on JIM is wider now than before the spilt, making it more difficult to trade than nefore this happened. Good for MMs, negative at best for the rest of us.

Obviously GAW is far more liquid so perhaps a wider spread would not be an issue here.

[jonut] 19/11/2020 23:11

Jarvis (JIM.LSE), have recently split their shares 4:1 in mid October. There is some interesting discussion on the subject on the JIM board.

[mjc70] 19/11/2020 22:03

epo001 - it was more from a dividend reinvesting perspective. For all my individual company holdings, I have a setting on my platform that will automatically reinvest any dividend back into that stock. At the given point in time when it tries to reinvest, it always creates a transaction for GAW, but always fails as the dividend received is not big enough to buy a full share.

I find the whole phycology around a share split interesting too; I personally think it would indeed become more attractive to individual investors to come in too - which has both positives and negatives.

I'll just have to keep saving my GAW dividends up until there is enough to buy a single share.

Thanks also to Harris Tweed for your earlier feedback. Good luck all and hopefully we see more blue days like today and a steady rise. Cheers.

[epo001] 19/11/2020 21:08

mjc70, you have to ask yourself what benefit to GAW and existing shareholders comes from a share split? IMHO, there is none.

The US has a different type (and quantity) of retail investor and share splits there are a way of tempting the type of person who thinks it is better to spend $1000 on 50 smaller things rather than 5 bigger things.

There comes a point when a share is too expensive and the small investor can't even buy 1 share. I'm guessing in the UK that the threshold is somewhere between £250 and £500. Currently GAW may be the most expensive share on the LSE, an article in fool.co.uk in Sept listed it, LSE and AZN as the 3 most expensive shares at that time.

[tictac] 19/11/2020 16:17

Yes, way off automatic entry and I'm not sure about the actual methodology for non-automatic entry.

Some of my younger relatives may wonder why they're getting Space Marines for Christmas.

[1rcl] 19/11/2020 15:46

TicTac - I believe FTSE100 automatic entry position (position #90) is currently ~£4.8bn, requiring a GAW share price of ~£146.50. The recent FTSE100 recovery has, of course, made reaching the target that much harder. But I agree it does feel more a matter of when rather than if.

IMO, very few businesses have such a strong set of characteristics - globally growing (with far more runway), durable, high margin, high moat, highly cash generative, etc.

[tictac] 19/11/2020 15:05

I sort of wonder whether we might see a fairly strong rally back up here (by no means am I predicting we will). Might still be time to get into FTSE100 before Xmas!

I think the decision date is early Dec.

One day I feel GAW will make it in - you almost have to pinch yourself though when you start thinking of the companies which are similarly valued. Almost seems insane until you start to look at the financial performance.

[nimbo1] 19/11/2020 13:20

common sense returning yet?

[luderitz] 18/11/2020 16:42

I made a very respectable packet from GAW this year and see no reason not to repeat the exercise in the near future, all things being equal of course.

[harris tweed] 18/11/2020 15:54

mjc70

GAW management are famous for just getting on with the job and not bothering too much with the usual sort of stock market promotion: they don't talk to analysts and their trading updates are often fairly terse, one line, affairs (though the last one was slightly more detailed).

For this reason, I don't think they would bother with a stock split. I take your point about reinvesting dividends, but a share split would mostly benefit the advisers who earn fees from arranging such things.

I wouldn't object if they did though...once we get to £200 a share.

[mjc70] 18/11/2020 15:35

As well as GAW, I'm also a holder of TW. Taylor Whimpey and just comparing the similarity in both companies recent trading statements being on the "higher side of expectations". TW. is up 55% since. It obviously has a lot lower PE to GAW, but I get the feeling at this current 9805 level, the upward pressure is building again under GAW. Last chance to get in sub 10000?

Also for the long long term holders - has there ever been any talk of a stock split? On a modest holding, automatically reinvesting any dividend under a platform is not as easy as lower-priced companies where this is not an issue. This could also help the price the same with recent splits on Tesla and Apple that both benefited. Cheers.

[sheunghim] 18/11/2020 12:27

Its keeping around this price for now. Its slid as the market still views this as a Covid stock but its definitely not (I am in the hobby). I would top up at this level again...will be back up too above 100 (or even 120) in a few weeks or in Dec/Jan when they announce their results...Ive got a few more shares last few days

[squintyflinty] 18/11/2020 10:41

Why is this one sliding?

[nimbo1] 18/11/2020 10:32

you have another chance

[scooper72] 17/11/2020 09:30

I preferred buying back in as the price was dropping, but now having to do it as it rises...

[blondviking] 17/11/2020 08:32

Just topped up, now my largest holding by a long way!