Games Workshop Share Discussion Threads

[bruceylegs] 02/6/2017 16:54

CEO bought a few to reinforce today's positive news.

[robinnicolson] 02/6/2017 16:48

Peel Hunt have raised their PT to 1350p

[shanklin] 02/6/2017 15:51

Thank you Mozy123

[mozy123] 02/6/2017 15:25

Shanklin - yes and board games, books etc

[shanklin] 02/6/2017 15:10

What drives the royalty income please? Is it computer games developed by other companies but based on GAW games/characters? TIA.

[pnetol] 02/6/2017 14:55

Wow, briefly suspended, the 10% movement rule and they uncrossed a few mins later at 1054, what a spectacular day. I wonder what the house broker will upgrade their share price target to???It must be a minimum of £1.00-£2.00 higher than the current £11.50 me thinks

[cockerhoop] 02/6/2017 14:17

BB2,

They are ultra cautious. In 2016 they did 42p EPS, at the time F/C's for 2018 were only for 44.7p EPS. I think currently brokers haven't caught up with 90p+ for 2017.

Can't see them doing another 100%+ 2018 as currency gains unlikely to be repeated (although Corbyn or WTO could change that). Royalty income though looks set fair for 2017 with significant games releases.

[mozy123] 02/6/2017 13:46

38 fricking million!

SH*T A BRICK!

COME ON!

can you tell im happy? :)

[panic investor] 02/6/2017 13:41

i never use stops you'd have got stopped out in FEVR KWS and other quality stocks recently.

[battlebus2] 02/6/2017 13:39

Modform I'm looking at these and wondered why the forecast for 18 and 19 are lower? Is this a mistake or am I missing something?

[adilzaidi786] 02/6/2017 13:38

I got stopped out and didn't buy back in! :(

[flatoutfred] 02/6/2017 13:34

Me too also as well Shanklin

[shanklin] 02/6/2017 13:27

Well I am glad I did not get panicked out by the dip below £9 a few days ago.

[panic investor] 02/6/2017 13:21

If at 7am it would have been marked up anyway - don't see the problem myself - pi's get the chance to purchase before the mm see it !

[shanklin] 02/6/2017 13:17

Shame I was away from my PC when GAW issued today's TS. Thankfully saw it within a few minutes and increased my position by 50%.

[modform] 02/6/2017 13:16

Super update, I wish they wouldn't issue update at mid day, but can't complain , now through 10 quid

[oggyrocks] 02/6/2017 13:05

This should push it above £10 resistance. Then expect to see a quick rise to 11+

[chester] 02/6/2017 12:49

Agree pnetol.

[pnetol] 02/6/2017 12:43

What a fantastic trading update and end to the week. These boys are going gangbusters. Roll on the house brokers £11.50 price target. Can't wait to read the chairmans statement when the results come out. Good luck to all holders here.

[modform] 25/5/2017 16:33

I sold less than half of my holding going down from 12 to 7% of pf yesterday morning , the reason was the new game review and sales were a bit disappointing compared with the old one. No advice is intended

[nod] 25/5/2017 11:32

Retailers with a significant presence in the US are being marked down on anxiety about US retail spending and the recent poor results from US retailers. A markdown may shake out a few sellers, which is probably the aim.
I agree with Woozle, I don't anticipate GAW to have any decline in sales given all the good news.

Holding both roles as Chairman and CEO, Tom Kirby had a massive expansion in the USA and opened stores mainly in big malls. He was right about demand in the USA but the leases in malls proved to be too expensive when sales dipped and they required a few staff in every store due to size.

The downsizing of stores a few years ago was very disruptive and expensive as leases were broken. We are through that and are now a lean machine.

[le4r] 25/5/2017 10:24

Correction- does look light!