Sumo Share Discussion Threads

[2breakout] 19/7/2021 08:54

Great start to the week. Looks like it's as done deal. Are you all selling or holding for a counter bid

[gswredland] 19/7/2021 08:33

Agreed.
I sold out out od Codemaster too early!

[coppertrader] 19/7/2021 08:19

Codemasters was recently taken over and a few bids came in... i will be holding this to completion rather than a quick sale as there is potential for another quicknpound a share

[bigdazzlerreturns2] 19/7/2021 08:15

Lovely start to the week.

[k8 rhm] 19/7/2021 07:44

A welcome start to the week! Boom ?

[bigbigdave] 19/7/2021 07:07

Offer 513p!

[gswredland] 21/5/2021 08:12

Thanks wynmck

[wynmck] 21/5/2021 08:07

AGM date 17 June,t/s same time last yr

[gswredland] 20/5/2021 16:51

That's what I thought

[mr euro] 20/5/2021 16:08

I dont expect any serious movement now until numbers are released. Will probably bounce between 350-400. It's probably been tipped somewhere.

[gswredland] 20/5/2021 15:30

Exactly
It was up over 10 per cent at one stage

[melody9999] 20/5/2021 15:25

Well certainly this is out of synch with other gaming developers TM17 and KWS a long way off highs. Not that I'm complaining!

[davr0s] 20/5/2021 13:36

Why does there need to be a reason? Price has consolidated and is breaking so no over head supply. I buy this where earnings are accelerating so I bought today for that reason alone

[gswredland] 20/5/2021 11:51

I wonder what is pushing this today?

[coppertrader] 12/5/2021 19:18

i would expect a bigger rise on a takeover rumour... However, this would be most welcome as I have not been here long after putting in the multiples I made on the CDM takeover

[mr euro] 12/5/2021 13:17

My money is on people have woken up to their recent success with hood.

[melody9999] 12/5/2021 12:46

Could be a takeover rumour?

[mr euro] 12/5/2021 12:01

Hmm not sure that would have such an impact. Volume isn't high.

[walkernbudgie] 12/5/2021 11:48

Its been added to the MSCI small cap index

[mr euro] 12/5/2021 11:21

A tip somewhere? People reading this board? People catching up with what I outlined above? No idea, a few happy bunnies here I would imagine, I am ::

[k8 rhm] 12/5/2021 11:11

Any idea on the current rise?

[mr euro] 11/5/2021 20:40

You are correct, that's what they do mainly. I made money from KWS way back but its gone nowhere in a long time really and I havent touched them for 1-2 years. They are much more open to a downturn and have limited upside. Where is their HOOD going to come from? Sumo balance both with upside with some of their own IP. KWS are a pure services company in my view and on a high PE, not to mention a founding director sold a lot of shares recently.

Most of these own IP games barely cover costs and never build a player base. Once in a while a game takes off and they hit the jackpot, HOOD hasn't hit the jackpot (yet) and may never do, but its sold a lot more copies and expected and well into the black. It's not a perfect AAA game, but it was never intended to be, it's smashed expectations.

I'm sure you know where to look for activity for yourself. I am written myself a not to not buy anymore, I have quite a lot now but with an average price way lower. Good luck.

[scooper72] 11/5/2021 20:20

Thanks for the reply. I I thought KWS only provided out sourcing for other parts of the industry and all the big developers. But I guess they have being buying a lot of companies in the last few years. I will have to look at Hood. My Sumo holding might need to be topped up if there is a pull back.