I really didn't expect this result with GAW, I predicted £6.20 but now its about to hit £8!
Historically it seems to make a catastrophic crash around this price, but who knows, if enough people continue to back it for the whole year without losing face it might grow even higher. Games Workshop have really revitalised themselves in 2016, management have certainly put on their thinking caps and I think 2017 will be another good year for them.
I only hold three retail related shares, and this is my favourite. High roce, high dividend and no debt. When the market finally turns, its the companies loaded with debt that will go down the pan. So i see gaw as a safe investment compared to most other retailers in the long term, its why i decided to buy. I am hoping final will be 25p minimum if this progress is maintained making 50p + for the year.
Sounds like you analysis is slightly more technical than mine! My broad view is that a 5% dividend would get some attention and consequently, if that dividend can be maintained, the share price should be a function thereof.
The MF article is, as you say, additional publicity. To juxtapose GW with a toy manufacturer doesn't sit well with me. In part to answer one of your earlier questions, my attraction to GW is in part due to my interest in the hobby (just last night I was painting… Read More
www fool co uk/investing/2017/01/10/is-there-more-upside-to-games-workshop-group-plc-after-profits-more-than-double/
As usual with MF articles it doesn't actually try to answer the question that is posed in the headline or the sub-head (Should investors add this high-yielding small cap to their portfolio after today's positive trading update?), but it's more publicity for the share/ company. Linking it to Character Group as the comparison is pretty tangential except that both companies… Read More
:) You work on the same calculations as me Quoth (which is either good or terrible news for us both).
Personally I think that GAW should deliver above a 5% yield which would bring down the target share price of 900p. I can get close to a 5% yield from things like REITS (watching BBOX at the moment) and some large FTSE100 companies (LGEN is paying about 6%).
With GAW having positioned itself as a generous dividend payer and being a smaller, niche outfit, I'd be expecting something more… Read More
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