Keywords Studios Share Discussion Threads

[bamboo2] 29/1/2018 14:57

EOD close above 1495 confirms an INVH&S min tp 1565

[mad foetus] 19/1/2018 17:24

Good man. This has become one of my bigger holdings. While I am positive I'm not sure it should be and will trim at some pointGood weekend folks

[bamboo2] 19/1/2018 15:43

stamford, agreed. As previously, the share price has fallen on low volume. I have topped up.

edit, 20//1/2018 chart added. Potential turn 24/1/2018

[stamford hill] 19/1/2018 15:36

Nice volume. Lets hope this is the turnaround as we approach news in February..

[bamboo2] 18/1/2018 08:13

On historical support.
Guess the bots/AT trades will start buying now?
Another potential turn day today, on the Mid price based chart.

[stamford hill] 16/1/2018 12:38

A close below 1400 and I'm out. Lets hope it bounces of this level..

[mad foetus] 16/1/2018 12:19

Yes, this could become a long term holding (aka not a short term winner!)

[bamboo2] 16/1/2018 12:02

Hi mf, I am also quite surprised it has got back to this level, after the recent highs. I traded a few then, and bought some of these back yesterday. On historical support. I'm staying put.

[mad foetus] 16/1/2018 11:08

Surprised at the weakness here, had really expected it to power through to new aths. Not quite sure whether to buy or fold.

[bamboo2] 15/1/2018 16:34

Added a few more this afternoon, on another potential turn 15-16/1/2018

[panic investor] 14/1/2018 19:14

Kws mentioned alongside WAND in the FT talking about the lack of great brutish companies to invest in https://www.google.co.uk/amp/s/amp.ft.com/content/39bc9b86-f464-11e7-88f7-5465a6ce1a00

[stamford hill] 12/1/2018 14:16

Bouncing of the second diagonal support line nicely..

[the white house] 07/1/2018 22:19

Many thanks, great article, deserved a wider audience ( unless you wish to add in near future...)

[stamford hill] 07/1/2018 21:54

Thanks rivaldo. Much appreciated..

[rivaldo] 07/1/2018 20:09

Hi twh - the article's in the Irish edition of the Sunday Times, which you can view on the main Times web site by clicking on the "Ireland" section.

[the white house] 07/1/2018 17:59

RivaldoI cannot see in my south Coast paper version bizarrely. Which page is it on!?Cheers

[panic investor] 07/1/2018 12:42

Thanks for posting Rivaldo

[rivaldo] 07/1/2018 11:20

Great article in the Times today. Some stand-outs:

- the CEO predicts €200m revenues for last year in the article. The latest forecast I can see from Finncap's 14th December note for 2017 is €149.5m!
- he targets €300m revenues rising long-term to €1 billion
- he expects 4-10 acquisitions a year
- the last share placing was 3 times oversubscribed.....indicating KWS has an extremely supportive shareholder base for the future



"Keywords in hunt for more players to join gaming ranks

Dublin firm out to boost Irish workforce amid expansion plans in Asian market

Keywords Studios, a Dublin company that counts the world’s biggest video game makers among its clients, is boosting its Irish workforce to almost 350 people and predicting further expansion.

The AIM-listed company has taken extra space at its head office building in Leopardstown, south Dublin, and is looking to add 40 people to its ranks. Andrew Day, chief executive of Keywords, said the extra staff were being hired for a mix of new and existing projects.

“We continue to grow year-on-year in Dublin,” said Day. “It is still a fantastic location for us, being in the EU and being English-speaking.”

Keywords started in Dublin in 1998 as a translation business for tech clients including Microsoft and Sony. Day became chief executive in 2009 and focused the company on providing services to games companies, including game testing, art work, localisation and customer support.

Day said the market for outsourced services to games companies was worth about $2.5bn (€2.1bn) but was very fragmented between small service providers. Keywords has established itself as a consolidator, completing 25 acquisitions since its stock market listing in 2013.

It paid $27m last month for Sperasoft, a game design and development company with 400 staff in America, Russia and Poland. Day said Sperasoft worked with “the very largest game developers in the world” and had revenues of $20m.

Keywords also bought a Mexican voice-over company, Lola, for $1m in December. Last October, Keywords made its largest acquisition, paying $66.4m for rival VMC in the US and Canada. The company now employs more than 5,000 people in 18 countries and should report revenues of almost €200m for 2017, according to Day. He is targeting €300m revenues by 2019 and believes Keywords can grow to be a €1bn revenue business in the long term.

“This business could be a multiple of itself,” he said. “There is so much opportunity out there.”

The Keywords share price has reflected the expansion, rising from £5 at the start of last year to more than £16, valuing the company at £1bn (€1.13bn). Day said the shares gave the company useful currency for doing more acquisitions.

A £75m share placing to fund the VMC deal was “hugely oversubscribed”, he said.

“We could have raised three times as much. We have very supportive shareholders and we can access bigger quantities of capital for making acquisitions.”

He said Keywords expected to acquire between four and 10 companies a year for the foreseeable future, mainly in the €3m-€10m price range. It aims to expand in Asia, where about a quarter of its workforce is already based.

“Asia is a massive market for video games being produced and consumed. There is still a hell of a lot more we could do and would like to do there.”

Day said Keywords would also like to add expertise in analytics and artificial intelligence, which could provide real-time information on gamer behaviour and help personalise games. Game players could then be influenced to follow certain routes, which would keep them in the game for longer, he said.

“We have achieved quite a lot but there is more to do,” said Day. “It feels like we’re just getting started.”

[the white house] 04/1/2018 18:53

Market Cap stands at £999.9m

[bamboo2] 04/1/2018 11:04

Hi bbd, Happy New Year.

ATH is 1696.85 Potential turn [x3] day tomorrow. Unsure of direction.

EOD close above ATH confirms min. tp approx 1850

[bigbigdave] 04/1/2018 10:53

Breaking out here? Not far off.

[scooper72] 28/12/2017 10:53

Bamboo and others, just seen on level 2 a big sell order for 21,000 shares at 1650p. I guess that is the resistance then.

[bamboo2] 27/12/2017 18:34

Could be the start of an upward channel, although perhaps a bit steep to be sustainable for long. Next historical resistance at 1640 and 1700.