sold my (admittedly tiny) hold of these shares yesterday after looking at the background stuff over the weekend. While the div is excellent (and I expect it to maintain a few years yet) the continued failure of GW to actually market/advertise their products is a sign that they're heading for a slow decline (entirely IMO of course) Couple that with the fact that they've recently pulled one of their two core ranges (to be replaced by something in the next few weeks admittedly, but where's the fanfare? Again, no advertising) And that they're rebranding all their stores (from Games Workshop to Warhammer - again, no advertising) and I think the long term prospects aren't that rosy. As I said, I expect the divi to continue to maintain in this price range for a few years yet, but I think long term it's not worth it for my (small) holding. GLA to those who stay in, and I hope I'm proved wrong, and who knows? If I am wrong I may be back in here in a year or two while eating a large slice of humble pie.
7 Apr '15
RE: Share Moves
Thanks for the reply
25 Mar '15
This share generally jumps around 10% with no news. The next set of results are likely to be relatively weak due to negative exchange rate impacts vs the £, but as long as the divi is still supported this share should not move too much overall. It would be good to see a more modern BOD come in as longer term I feel there is decline risk in this share. I am still holding at this point as the divi is good, but am nervous.
13 Mar '15
Why the rise?
I welcome the rise today, as have 4000 shares here, but am not aware of any news out there to indicate why the jump? Any ideas anyone?
11 Feb '15
Divi 16p / share
Games Workshop Group PLC announces that the Board has today declared a dividend of 16 pence per share. This will be paid on 20 March 2015 for shareholders on the register at 20 February 2015, with an ex-dividend date of 19 February 2015. The last date for elections for the dividend re-investment plan is 27 February 2015.
2 Feb '15
Tempted to exit GAW
Does anybody have any good reason to remain holding this share, excl the Dividend which will have pressure put on it because of poor results and adverse exchange rates?
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