Keywords Studios Share Discussion Threads

[quantas01] 13/4/2021 16:24

Great results. Looks like Berenberg was right on the money!!

[aoiaoi] 10/4/2021 10:43

£28 almost yesterday!

[daisylove] 25/3/2021 14:05

Well they're idiots. Might steady at £22-23 if we are lucky.

[aimingupward2] 25/3/2021 10:27

Brokers Berenberg raise their target price from 2890p to 3110p - BUY.

[w1lbur01] 24/3/2021 08:06

Looks pretty good results

[aimingupward2] 19/3/2021 09:52

Brokers, Jefferies, raise their target price for KWS this morning from 2733p to 3382p - BUY.

Shows a lot of confidence (even if a tad too much precision): that would take it well clear of the current all time high.

It’s a bit surprising, though, that they’ve come out with this just ahead of the annual results being published on Wednesday. Why not wait for that and the forward outlook, I wonder.

[aimingupward2] 18/3/2021 11:02

Temporary absence of Andrew Day is not stopping progress on the acquisition front:

KWS “enters Australia with acquisition of 85% interest in Tantalus Media Pty Ltd.

High quality game developer provides a strong platform for growth in the region”. And they foresee a strong pipeline of acquisition opportunities.

See ‘News’ section.

.

[quantas01] 15/3/2021 16:56

Hoping this is behind the sustained fall from December highs

[arborfieldinvestor] 10/3/2021 11:03

Anyone have any details about the layoffs in Seattle? Keywords Studios to lay off more than 50 workers at Bothell office?

hxxps://www.bizjournals.com/seattle/news/2021/03/04/keyword-studios-bothell-layoffs.html

[terry topper] 30/12/2020 20:34

Cheers aiming for not telling me to shut up!!!!
My view is that as there are very few institutions that don't invest in AIM these days, I genuinely think that the downside could be pretty significant if KWS were to move at this moment. I don't think there would be lots of natural buyers that only invest in fully listed stocks.
However my constant fear is a change in the rules around these stocks on the IHT exemption front - at first glance when you look at a stock like FEVR (£3bn mkt cap) it seems wrong to give investors tax advantages ... but the tax advantages helped a new great British company get where it is today.
I believe that GBG and ALU moved from the main list to AIM partly because of the belief that they would attract additional UK investors (been very successful for GBG, not so much for ALU so far - I am patient!)

[aimingupward2] 30/12/2020 20:19

Yes, you’re right, terry topper, and that may be sufficient to prevent it happening, although there would be some offsetting advantages.

[terry topper] 30/12/2020 19:33

aimingupwards
Tell me to shut up if I'm teaching you to suck eggs.....but KWS is a big IHT tax avoidance share so a move to the main board would lead to a lot of disappointment/anger from many shareholders.

[terry topper] 30/12/2020 19:28

Took my first profits on KWS today - feels a bit 'dirty'!

[aimingupward2] 29/12/2020 13:54

Thanks for that, Aolaol. Yes, there's plenty more growth foreseen over the next three years for starters. Keywords is already a 'top 200' company in the U.K. (actually 179th), so I wonder how long it might be before it leaves AIM and joins the main mkt.
The video games industry is huge ,at $150 bn, and still growing.

[aoiaoi] 29/12/2020 11:34

Best to listen to their Capital Market webinars.....Video gaming is on a roll and methinks there is massive scope for KWS, I think (objectively and factually) they have just got started!

[aimingupward2] 29/12/2020 11:13

Has anyone any clear views as to how much further scope there is for KWS to increase it's share of it's market(s) by further acquisitions and by internal growth ?

[netcurtains] 18/12/2020 10:01

2017 was a long time ago.... Different company now.

[energeticbacker] 18/12/2020 09:54

The deal making goes on and since Investor's Champion's original premium commentary on Keywords Studios in June 2017 the shares have risen over 250%.

[aimingupward2] 17/12/2020 08:35

Two more, to be precise. Small companies but seemingly both of high quality.

[ali47fish] 17/12/2020 07:53

aquisition wow

[energeticbacker] 16/12/2020 10:20

Investor's Champion comments: High Voltage is expected to generate EBITDA of c. US$9.0m in 2021, on which basis the c2.6x acquisition multiple looks very modest.

[aimingupward2] 15/12/2020 10:44

Yes, it looks to be a particularly good one. Andrew Day says their ‘multitalented team’ will bring “incredible experience, expertise and additional scale to our fast growing Game Development Service Line”.

EDIT: This acquisition has been bought for approx 6 times EBITDA for next year as opposed to the 10 times
paid for the acquisition of Net Media a few weeks ago, making it all the more attractive.