Games Workshop Share Discussion Threads

[suetballs] 16/12/2022 08:48

You may be right - the potential here is enormous and perhaps that's the price of getting to the next level.
Suet

[charlotte2020] 16/12/2022 08:41

Could this be a prelude to a full takeover?

[suetballs] 16/12/2022 08:29

Santa came early for us.
Lovely.
Suet

[robinnicolson] 16/12/2022 08:29

Jefferies on the Amazon news:

'Licensing income built strongly in recent years, but we saw limited progression ahead, believing only a major film deal would support another step-change. With today's news, that is now real possibility. Moreover, a mainstream TV/film product could be game-changing in terms of Warhammer's brand reach and awareness. Pass the popcorn.'

[cockerhoop] 16/12/2022 07:36

Cavill, Amazon - alot to like there

[nod] 16/12/2022 05:46

The streaming giant (Amazon) is in the process of closing the rights to the miniature wargame.

Amazon is in final talks for the rights to the game, produced by Games Workshop, after months of negotiations and fending off rival companies that also sought the rights.

[nod] 16/12/2022 05:43

The Hollywood Reporter

[nod] 13/12/2022 23:15

Inflation still rising around the globe. Interest rates rising. Tends not to be good for stock markets.

[suetballs] 07/12/2022 08:31

thanks ch.
Suet

[cockerhoop] 07/12/2022 08:15

I personally thought it was an excellent update in the context of the consumer environment. Good revenue growth, costs though still higher than they'd like. Further licencing deals signed.

[suetballs] 07/12/2022 07:44

Trading update - as expected?
Suet

[nod] 16/11/2022 06:08

New Book:: Inside 'Dice Men: The Origin Story Of Games WorkshophTTps://www.forbes.com/sites/mattgardner1/2022/11/15/inside-dice-men-the-origin-story-of-games-workshop-gamings-long-awaited-history-book

[nod] 21/10/2022 02:36

Summary:Management's focus on product quality and innovation with greater customer engagement and geographic distribution has delivered impressive growth in profitability and cash returns, with an enviable return on capital (118% in FY22). Our forecasts of continued revenue and profit growth in FY23–24, albeit more muted than recent years due to phasing of new edition launches, lower P/E multiples versus recent highs is attractive in more troubled economic times. Our DCF-based valuation is £100/share.

[nod] 21/10/2022 02:35

Edison's 2024 forecasts are better than I expected. After waiting so long I had feared they may predict a fall in PBT but they don't.

[disc0dave45] 20/10/2022 20:06

Thanks for posting

[robinnicolson] 20/10/2022 16:53

Edison Research:

[disc0dave45] 19/10/2022 21:35

45p ex div tomorrow

[nod] 15/10/2022 05:19

Too many dividends. A nice problem to have.

[robinnicolson] 13/10/2022 14:24

I've just edited my dividend spreadsheet for exactly the same unforseen payment schedule!

[epo001] 13/10/2022 14:19

Nice, but it has shown a problem in the dividends tab of my spreadsheet. Didn't think to allow for 2 dividends from the same source in the same month. Have flagged it with a comment and will edit when the first one is paid.

[robinnicolson] 13/10/2022 12:11

The Games Workshop Group PLC announcement that it will pay a dividend of 45p is an “important signpost” for cash generation and profit performance, said broker Peel Hunt.
So far this year, the maker of the Warhammer tabletop game has declared a total of 165p of dividends, compared to 65p in the same period last year.
“Comparison year on year can be confusing given that the timing of dividends does not follow a regular pattern,” analyst Charles Hall said in a note.
As dividends actually paid in the past year were 115p in the first half and 170p in the second, the analyst said the “scale and timing of payments this year should be encouraging given that the company pays dividends out of ‘truly surplus cash’”.
This is why he said dividends are a signpost for the performance of cash and profit.
The most recent update from the company on trading was in September when it announced first quarter sales growth of 8% to £106 million for the three months to 28 August.
“Hobbies tend to be recession-resilient and Games Workshop’s revenues are driven more by the strength of the product launches than the background economy,” Hall said.
He said product launches continue to be well received and there are a number of upcoming games releases “that should generate attractive royalty income”, including with Frontier Developments.
Peel Hunt has now updated its forecasts to increase 2024 earnings per share by 8%, though this is related to the change in UK tax rates.

[strollingmolby] 13/10/2022 11:46

Thanks, Shanklin - I certainly did miss one, perhaps easily done when a company issues 6 (six!) dividends in one year...