II Editor
10 Sep 2015
NEW ARTICLE: Games Workshop: Testing the goose killing theory "Games Workshop has built a global business selling models inspired by its fantasy wargame, Warhammer, but does the game matter?My viewGames Workshop’s AGM is next Wednesday, and I’m going to use it to test my theory that the company may ..."[link]
II Editor
14 Aug 2015
NEW ARTICLE: Games Workshop’s revenue problem "Games Workshop may not have convincingly raised revenue for over a decade. Why should we believe it’s going to from now?No doubt some of the interest in Games Workshop shares since its annual report was published earlier in the month, is ..."[link]
II Editor
13 Aug 2015
NEW ARTICLE: Games Workshop: Inflection point "The modelling and fantasy wargaming company has changed the way it sells miniatures so it’s more profitable. The problem is, it’s selling less.I have just got back from my annual pilgrimage to the local Games Workshop store. It was full ..."[link]
mcescher
30 Jul 2015
Great visual report on Games Workshop Group I really like the presentation in this report. The future growth seems really exciting to me [link]
PJ Foster
21 Jul 2015
Sold today prior to results Having held GAW for a few years, I've decided to get out now, following their latest Warhammer revamp. There's a lot on negative buzz amongst the hobbyists and more of my friends seem to be leaving GAW for other systems. Mantic seem to be doing well and a lot of the other minor players seem to me to be gaining support.It's been a good ride and I'm out with a healthy profit overall (despite topping up at near £8!!), but there's other opportunities that look cheap to me at the moment, with more predictable dividend payments.Cheers,
k9maggie
13 Jul 2015
bid-ask spread....iii enquiry bid ask spread seems a little large....maybe iii need to change their data provider.when was the 680 ask.
II Editor
27 May 2015
NEW ARTICLE: Finding hidden debt in company accounts "Without shops, a high street retailer has no business. Without planes, an airline can’t fly. Whether the company leases the assets or takes out a loan to buy them, the risks are similar, but the accounting can paint a very different picture. ..."[link]
PJ Foster
29 Jan 2015
Re: Still a good buy? Yeah - not much to go on. First half year results were broadly similar to the previous year - significantly impacted by a strong pound. The pound has weakened against the dollar - which should be a good thing for US revenues, however the recent Euro devaluation will impact GW as Europe is their biggest region. I'm not expecting anything spectacular, but I would hope that the second half year results would exceed the first half year, given that it includes the Christmas boost.Let's assume that EPS for the year exceeds 30p - which I think is a reasonable expectation and given most spare cash is returned to share holders as dividend, then I'm placing the anticipated yield for this share at about 6%. I think that makes this a buy at the 500p level.Cheers,
ClockWorkOrange
28 Jan 2015
Re: Still a good buy? Just a quick revisit - if the BOD dont pull their finger out on this then the SP is just going to continue to slide, the fundamentals are there but its lost its punch.
