Team17 Share Discussion Threads

[simonsmithiv] 24/11/2023 13:53

Remarkable coincidence.


free stock charts from uk.advfn.com

[redartbmud] 24/11/2023 12:35

Statement lacking in detail, but reading between the lines, the best thing that could happen would be for ano gamer to take it over for petty cash.

red

[strawberry alarm clock] 24/11/2023 12:23

Price heading back down again You gotta larf when the clueless goons get spiked BWAHAHAHA

[tsmith2] 24/11/2023 12:03

min £40m of adjusted EBITDA (and the impairment is exceptional here) and £40m of cash (growing y-o-y) think provides and excellent buying opp here imo. large sells being printed so someone selling out. price seems to have stabilised so dipped toe

[volsung] 24/11/2023 11:21

This will probably go private

[kemche] 24/11/2023 10:58

kemche19 Sep '23 - 13:28 - 1297 of 1327 Edit
0 0 0

The price still has some froth baked in.

[martywidget] 24/11/2023 10:18

strawberry alarm clock, some of those gamers will also be in crypto, so they're likely to be just be laughing in 2025 after the next bitcoin halving next year ;)

[strawberry alarm clock] 24/11/2023 10:15

Just the reply I would expect from a spotty faced gamer incel Keep up the stereotype BWAHAHAHA

[bulltradept] 24/11/2023 10:07

You got issues bud. Perhaps angry at the world because of childhood truma, or worse still a micro winkie? ;-)

[strawberry alarm clock] 24/11/2023 09:58

All spotty faced gamers buying shares in a gaming company and losing their money that granny gave them for Christmas It's sooooooo funny BWAHAHAHA

[scepticalinvestor] 24/11/2023 09:51

Might buy in at around 90p

[melody9999] 24/11/2023 09:42

Thanks Tom - good analysis. Think the MMs are filling a sell order at present which presents a buying opportunity at these levels - so I have taken a few.

[74tom] 24/11/2023 09:31

"This needs to half again to be on the same valuation as frontier developments. Still on 10x ev/ebitda which is very rich in this market."

Not sure on the maths or logic there there...

Market cap is £266m, cash of £45m at last results, so EV £220m, adjusted EBITDA of £28m, however that includes £11m of impairments, so operating cashflow likely to be nearer £40m. So it's now valued at just over 5x EV/ operating cashflow, which for a company that has consistently produced significant PBT is far from expensive.

It's also incomparable to FDEV which is a basket case, SUMO Group who were bought by Tencent for £920m in 2021 are a far closer benchmark IMO. That transaction was almost certainly the reason this hit £1b+ market cap.

TM17 have produced / developed many successful indie games & know their niche. Dredge has been a massive success since it's release in March & is almost certainly responsible for the beat on revenues, however they aren't the developer so the bottom line impact is lessened. Neverthess, this is surely a buy at these levels.

[shinnas] 24/11/2023 09:25

Liontrust doubled their holding in October ..so I suppose they were stupid too

[shinnas] 24/11/2023 09:10

Well no one was questioning when it was £3

.in fact a director bought 29000 in September... so maybe a director was a brainless idiot

[strawberry alarm clock] 24/11/2023 09:07

If you need to ask *why* you shouldn't be investing in the stock market Put your pennies back in your piggy bank

[shinnas] 24/11/2023 09:06

But needs to be 3x higher if you compare with another company... it's all subjective

[strawberry alarm clock] 24/11/2023 09:05

Over done ?You are clueless - thickos like you will always lose money

[mortal1ty] 24/11/2023 08:57

This needs to half again to be on the same valuation as frontier developments. Still on 10x ev/ebitda which is very rich in this market.

[bulltradept] 24/11/2023 08:44

.Didn't they lose their founder this year, IIRC?

[bulltradept] 24/11/2023 08:38

It could well be over done, but we shall see, give it time.

[owenski] 24/11/2023 08:37

"The Board remains confident in the long-term trajectory of the business."

The chart however, has been giving out a different trajectory for quite some time.

[blueball] 24/11/2023 08:30

Lots of selling.