Keywords Studios Share Discussion Threads

[saucepan] 17/11/2016 07:55

I had a hunch that the silly price action earlier in the week was an attempt to shake out stock ahead of good news.

Another terrific development. New highs surely beckon.

[glaws2] 17/11/2016 07:45

If you look at the makeup of Enzyme - a lot of non fee earners there which will deliver cost savings.

[rivaldo] 17/11/2016 07:40

Yep. Paying C$5.4m and getting a business earning C$1.3m in return, plus C$2.3m net assets - together with the quoted synergies - seems like a fabulous deal. And highly earnings-enhancing as it's paid for from cash.

Well done KWS once again.

[bigbigdave] 17/11/2016 07:15

Another acquisition, looks great news

The acquisition will not only generate considerable cost synergies but it will provide greater scale, flexibility and breadth of services for our combined interactive media clients globally

[davr0s] 15/11/2016 09:59

Sorry I meant to say shake! And I have added too this morning

[blueeyes13] 15/11/2016 09:54

After the most recent update, an excellent time to top up on weakness in my view and that's what I've done early this morning. I'm taking a long term view here and have been building an increasing holding since June. Obviously I'm relatively new to this share but it's economic moat with relatively few competitors of size, excellent management, trading upgrades, general industry growth, and accretive acquisition opportunities means that I currently rate KWS a very attractive long term investment. I await with interest how this plays out. Regards

[davr0s] 15/11/2016 09:21

Down 7% on naff all volume. Classic share IMO but still irritating nonetheless

[cormask] 15/11/2016 09:07

Cannot even get a quote for 100 shares now

[shanklin] 15/11/2016 08:56

Entertaining stuff. Can currently sell 10k (at least) on line but no quote for anything above 1k on the buy side.

[bigbigdave] 08/11/2016 09:38

Chart breaking out here, seller done imo.
Yes, a bit more notice might have been nice for today's event.

[glaws2] 08/11/2016 08:45

Shame they didn't provide a bit more notice - could have at least included the date in yesterday's RNS. Guess they don't want PI's to attend.

[rivaldo] 08/11/2016 08:31

RNS re a Capital Markets Event today. Good to see KWS promoting themselves - anyone going?

[bamboo2] 07/11/2016 16:12

some sizeable trades going through this pm.

[saucepan] 07/11/2016 15:37

As I intimated above, and knowing Keywords' track record, I suspect it won't be long before we are also factoring in further earnings enhancing acquisitions :-)

[shanklin] 07/11/2016 14:48

So, a minimum of Euros 14m PBT with 15% of the year still to go. I wonder what we could reasonably expect KWS to beat this by?

[rivaldo] 07/11/2016 13:43

Indeed Nurdin.

Numis have now increased their target price to 525p (from 475p):

[nurdin] 07/11/2016 12:31

Thanks Riv.They omitted the key word though...'significantly' :o)

The PE is being knocked down with their every trading update.Not long before we are in high teens if this carries on !!

[bigbigdave] 07/11/2016 12:31

All sells being soaked up suggests a buyer in the background.

[rivaldo] 07/11/2016 12:10

The IC say Buy this morning as a Tip Update:

"IC TIP UPDATES:

Shares in Keywords Studios (KWS) leapt 9 per cent after the video-games services group said revenues and adjusted pre-tax profits are on track to exceed the market’s full-year expectations. The outperformance has been driven by Synthesis, a recently acquired localisation and audio business that has benefited from several large projects, as well as strong trading in other divisions. Buy."

[bamboo2] 07/11/2016 10:42

This BBC article at the weekend suggests t/o potential will help keep valuations in the sector high.

The Chinese are coming and they're hungry for games companies.

...Chinese firms have already spent more than $111bn on foreign acquisitions this year, according to Dealogic, with some of the biggest deals involving gaming companies...

[rubberbullets] 07/11/2016 07:49

Chart looks a bit extended for me. This is where PEQ and the ceo dump their stock?

[abarclay] 07/11/2016 07:46

supplier concentration ---> one big customer i suspect which could dry up suddenly

[bigbigdave] 07/11/2016 07:45

KWS never had a November trading statement before, must have to be pretty special to put one out.

[rivaldo] 07/11/2016 07:37

:o))

It's great to see supplier consolidation now happening in KWS' sector - as they say, KWS are "uniquely positioned" to win this business given their dominance and spread of activities.

[abarclay] 07/11/2016 07:32

ask them debtor concentration - they refer to day in statement