Team17 Share Discussion Threads

[hazl] 31/8/2020 12:58

Thank you I was beginning to wonder.

[bamboo2] 31/8/2020 11:28

o/t, Hi hazl, re $gold, my view is that we have seen a $gold top this year at $2075.

I think DXY is making a bottom approx 92

[hazl] 31/8/2020 08:55

You deserve it bamboo.
Have you an opinion on the Gold market from a charting perspective,just out of interest?
Don't worry if not.

[bamboo2] 31/8/2020 08:43

Hi hazl, thank you for the positive comments.

[hazl] 31/8/2020 07:53

Clearly the above is to promote the ETF but TM17 gets a mention.

[hazl] 27/8/2020 13:21

You're good I give you that Bamboo.
I was in these anyway,whatever but charting is a great skill.

[hazl] 25/8/2020 07:54

Nice few trades again this morning.

[bamboo2] 24/8/2020 11:56

hazl, I reckon that is about it.
Obvs could double bounce, but think a v more likely.
With the bid 640 at the top of the support zone it's a good place to be buying.

[hazl] 24/8/2020 10:12

Interesting....will it play out?

We will see I guess.

[bamboo2] 22/8/2020 11:15

Was overbought early last week, and price ran out of momentum.

Flag/pennant pattern still intact, but only just, tp reduced to approx 767

Overhead resistance 739
Historical support zone 610-640
50sma 603 and rising

Potential turn looks a cert for 24-25/8/2020

Assuming a low turn, buy like there's no tomorrow!

[w13ken] 19/8/2020 16:19

Agreed Smirk. I'vd never researched a company as much as I have Team17 and, although I do follow them daily, I could back off as I'm so confident they will be worth more in 2 years. Not every game will be a hit but they have an excellent CEO, a talented high-performing team, they learn from mistakes and they attract indie devlopers from around the world while building their own in-house dev skills.

[smirk1] 19/8/2020 15:06

I Bought two lots of these. First at about £5.40 and the remainder at about £6:10. They've lost some value in the past couple of days but I'm not actually bothered about that.
I genuinely believe this company will do very well on a 2/3 or even 5 year view so I'm in for the long run and happy to hold on to them, even if they have another good run over the next 12 months or so I shan't be selling.

[smirk1] 19/8/2020 15:06

I Bought two lots of these. First at about £5.40 and the remainder at about £6:10. They've lost some value in the past couple of days but I'm not actually bothered about that.
I genuinely believe this company will do very well on a 2/3 or even 5 year view so I'm in for the long run and happy to hold on to them, even if they have another good run over the next 12 months or so I shan't be selling.

[hazl] 19/8/2020 12:59

Well we had a good run...but I decided to stay in.

[bamboo2] 19/8/2020 08:48

Potential turn on my chart. Could be a good day to buy.

[hazl] 18/8/2020 12:58

The discrepancy,could be many things .

As investors we are used to looking ahead and judging the next hot area.
Perhaps, now it is generally more accepted elsewhere, that gaming is not only all the rage, but is procuring new industries,like e-sports(BLU GFIN) and even being used as an advertising vehicle (BIDS MIRI).

[boozey] 17/8/2020 18:56

You kind of get the impression that the share price rise is a delayed reaction to the Publishing Agreement announced a moth ago - almost as if analysts had latterly been briefed on its potential. Gaming stocks are in vogue like certain other industry sectors during the pandemic. Better to follow that trend rather than be in more traditional stocks right now.

[tongosti] 17/8/2020 18:51

I am aware of the generic point but there are a lot a subtleties here. Won't highjack any space on the subject as this is a big one but will leave you with smth to ponder on: in April 2019, this company's PE (using tradingview data) was at 50 at a time when it was selling for under 300. Now the PE is only about 15% higher but the share price is about +150% higher! Good luck.

[ramridge] 17/8/2020 17:21

tongosti - the worst shares which have fallen like Icarus have also been those with pe above 40. also Fact not fiction :-)
Anyway I am not arguing against. I think this is a very good share which has huge growth potential.
On balance, I am going to add to my entry level long position. I think the lockdown has been very good for TM17. The point in debate is by much. IMO this fy's eps cannot be as low as 15. How much higher is a question of judgement.

[tongosti] 17/8/2020 15:02

Thanks pal - as you know I have always thought that this business is very, very sound fundamentally. The rest comes down to locating a low risk entry point. Good luck all holders.

[hazl] 17/8/2020 14:25

Glad to see you're in at last tongosti.

[tongosti] 17/8/2020 13:27

The best growth stocks in history started their ascent between the 40-80 PE range. Fact not fiction. Who knows what tm17 will do (or not) but the larger point is that most people regularly miss out on great opportunities due to groupthink.