Games Workshop Share Discussion Threads

[jaf111] 14/1/2021 11:32

Would you be good enough to give us some proper numbers then Shanklin?

[shanklin] 14/1/2021 11:28

FWVLIW on the broker forecast front, the consensus EPS for the current year has increased from 339.55p to 344.577p. The forecast for next year has increased nearly 5p to 368.54p to 373.188p.

Obviously all four numbers are complete rubbush.

[luderitz] 14/1/2021 11:26

Thanks for the informed thinking all, this is what most threads should be more like.

[wanttowin] 14/1/2021 11:06

Normal service resumed.

[cockerhoop] 14/1/2021 10:37

Martin,

As a comparison they had 17 injection moulding machines which supported around £200m of revenue in FY18, once expansion is complete they'll have 50! In 2019 it was suggested that was enough for 5 years of growth.

[nod] 14/1/2021 10:33

Martin, GAW (and other listed companies) pay Edison to enhance their communication to investors.There is a lot going on and a lot to remember, for me.

[cockerhoop] 14/1/2021 10:17

Cheers John, I should know better having visited the HQ a number of times.

[cockerhoop] 14/1/2021 09:18

What additional information are you after Martin?

They've highlighted the manufacturing capacity expansion progress of Factory 1 and 2, the construction of the East Mids distribution centre, extension of the US distribution hub in Memphis and the repurposing of the Leyton distribution centre to component storage, paint & resin production. And the potential purchase of adjacent land in Leyton.

[shanklin] 14/1/2021 08:48

Its a shame GAW don't interact a little more with the market. It would be very interesting to learn more on where they are in terms of manufacturing and distribution capacity. It must be a huge task managing ongoing growth of 20%+ in annual sales, largely in physical items.

[nod] 14/1/2021 01:55

All the journalist reports on GAW refer to us benefiting from Covid and lockdowns. I don't believe that's the reason for our sales growth. I would mention that 2019 was a stellar year and our share price doubled, without Covid.GAW is reaping the rewards of its 12+ years of steady international expansion; decades of IP development; its more recent capital investment in manufacturing, systems, and infrastructure; and a greatly improved relationship with its customers and trade retailers.DYOR

[discodave45] 13/1/2021 22:15

wildshot Re: Auditors PwcThanks, yes you are correct. They have to change auditors after 20 years and tender at 10 years.Pwc have been their auditors since 2004/05 and were retained following a tender ten years later.From the Pwc website they outline the statutory requirements:"The new rules require all UK public interest entities to rotate their statutory auditor after a maximum period of twenty years, with a mandatory tender at the ten year midpoint (in line with the CMA Order)."Https://www.pwc.co.uk/services/audit/insights/eu-audit-reform-practical-guidance-for-uk-implementation.html

[melton john] 13/1/2021 15:13

I think they are referring to the rise from march low of about £35 (£77) as a percentage of yesterday's price. 77/112x100=69% As the guy on More or Less on BBC R4 says often "It all depends......". More relevant to profit takers imho to describe the rise as a percentage of the lower price. 77/38 x 100 = 203% . So not surprising a little profit taking.

[epo001] 13/1/2021 12:33

IC seem to have considerable challenges of their own. GAW opened 2020 about £60.60, ended about £112.00. That isn't 70%.

[energeticbacker] 13/1/2021 10:53

Despite considerable challenges, and after its shares tumbled 50% in March as pandemic fears saw some shareholders rush for the exit, Games Workshop ultimately had a very good 2020, reflected in the 70% rise in the shares.

More on Investor's Champion website.

[traderglt] 13/1/2021 09:57

Having delivered first half profit just above prior guidance, there was some disappointment that recent trading was merely 'in line with expectations.'Surely though these are revised expectations ?

[nod] 13/1/2021 05:39

"Step Change"
Kevin Rountree, Games Workshop’s chief executive, said there had been a “step change” in demand over recent months for the figures and weaponry players used to build their armies.

[robinnicolson] 12/1/2021 16:32

Alliance News have previous form regarding "dividend cuts".

Check out the post 2371 et al written on 8 June 2018.

[shanklin] 12/1/2021 16:27

Having added 20% to my holding at an average of circa 97 and sold 3/4 of them at circa 116, I was hoping for a mad brief revisit to below £100. No such luck so far.

[sogoesit] 12/1/2021 16:24

Then again if folks like profits tomorrow, with a little risk, paying 50x the full year forward EPS (£4.48?) looks like a potential value of £224 to me.
Oh well, may have to dig out the wallet again soon.

[shanklin] 12/1/2021 16:22

This stuff about benefitting from Covid is just complete BS for GAW. Can only see things being even better for GAW as we transition closer to normality.