The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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CDM Codemasters,(gaming) a breakout on the chart. Codemasters intends to publish its final results for the year ended 31 March 2020 in June 2020.
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^CDM&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
Titled “Good value or cheap for good reason?”. If anybody has premium access please could you repost here so can read? Hopefully they conclude the former!
...up, up, and away! :-)
New F1 game coming out next month. Given lockdown, plus huge F1 fanbase who have been devoid of action, i see the takeup (in the form of downloads) being very positive. Add to this a modest PE and cash on the balance sheet, and I think there's great upside here. This is now my biggest holding!
CDM Codemasters gaming company........at last its woken up after about 2 weeks sleep.
Latest broker views
Date Broker Recomm. Current Price Price when issued Old price New price
30 Apr 20 Liberum Capital Buy 285.00 272.50 370.00 -
16 Apr 20 Peel Hunt Buy 285.00 260.00 375.00
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^CDM&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
Video gaming has been one of the most popular activities for many during the lockdown. Add to this that lately institutional funds are investing in the stock here is the list https://fintel.io/so/uk/cdm
Clear winner
Forced seller? assuming this is correct that’s probably why sp hasn’t progressed of late... although should be a beneficiary of current climate
well there's been a lot of very big trades on here today ( again).
Looks like a forced seller is more or less finished.
Codemasters Group Holdings Plc... CDM Peel Hunt Buy 265.00 260.00 375.00 - Reiterates.....sp target 375p
AND
Codemasters Group Holdings Plc... CDM Liberum Capital Buy 265.00 260.00 370.00 - Reiterates Sp target 370p
Yesterdays RNS......
RCS – Codemasters Grp Hldg – F1® 2020 Release Date
15-04-2020 14:00
RNS Number : 7645J Codemasters Group Holdings PLC 15 April 2020
Codemasters Group Holdings Plc
("Codemasters" or the "Company")
F1(®) 2020 Release Date
Codemasters (AIM:CMD), the award-winning British video game developer and publisher specialising in high-quality racing games, is pleased to announce F1(®) 2020 will release on Friday 10(th) July for PlayStation(®)4 computer entertainment system, the Xbox One family of devices including the Xbox One X, Windows PC (DVD and via Steam), and Google Stadia.
There has been minimal disruption for the F1(®) 2020 development team as a result of COVID-19 and everything is on schedule for the July 10(th) release date.
In a series of firsts for the F1(®) franchise, F1(®) 2020 offers 'My Team'. This major new game mode allows players to create their F1(®) team and take their place alongside the established 2020 line-up, with a new driver-manager experience offering a unique insight into the world of F1(®). Additionally, F1(®) 2020 will appeal to a broader, casual audience with the re-introduction of two-player split-screen, alongside a host of new options designed to help new players adjust the F1(®) challenge to match their expertise.
Frank Sagnier, Chief Executive at Codemasters, said:
"F1(®) 2020 promises to be our biggest and most innovative title to date. We're bringing new game modes to our core simulation players alongside accessible features that will appeal to the casual racing fan. With sporting events currently on hold around the world, our F1(®) game is seeing incredible engagement as professional drivers, esports players and celebrities race online in the F1 Esports Virtual Grand Prix series, replicating the original F1(®) calendar."
trading :-)
Codemasters starting to inch up. Nice gap at 278p to take out.
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^CDM&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
CDM Codemaster
Latest broker views
Date Broker Recomm. Current Price Price when issued Old price New price
07 Apr 20 Shore Capital Buy 265.00 247.50 - -
07 Apr 20 Liberum Capital Buy 265.00 247.50 370.00 -
07 Apr 20 Peel Hunt Buy 265.00 247.50 375.00 -
03 Mar 20 Berenberg Buy 265.00 297.50 380.00 -
Citywire The Expert View. 08 April 2020
CDM Codemasters.
Lockdown winner Codemasters is Jefferies’ top pick
Gaming group Codemasters (CDM) is benefiting from coronavirus lockdown and it is Jefferies’ top small and mid-cap pick.
Analyst Ken Rumph retained his ‘buy’ recommendation and target price of 346p on the shares, which rose 7.8% to 266.9p yesterday.
He said there was ‘much to like’ in the 2020 update from the group and its exposure to the ‘risk-positive digitisation trend’.
‘Codemasters is first to confirm a financial, as well as user, benefit from March’s stay-home - a full April effect and recurrent quasi-lockdowns during the rest of 2020, given there is a testing exit strategy or vaccine in sight before fourth quarter 2020 and 2021, respectively, should be positive for revenues across the sector,’ he said.
Comments
CAUTIOUSCOLA few seconds ago
I bought codemasters 3 months ago on expert recommendation, and increased holding yesterday to a significant exposure. Being a 73 year old, I have no interest whatever in computer games, but I understand codemasters is to let loose on the market a wizzing exciting game. seems a very encouraging investment.
CDM Codemasters..........far more buys than sells, cant see why its down today......so far.
Recent tradesTrades today: 45
Trade time Trade price Trade quantity Buy/Sell Bid price Ask price
08 Apr 12:05:49 268.00 500 Buy 260.00 270.00
08 Apr 11:53:47 270.00 735 Buy 260.00 270.00
08 Apr 11:53:26 269.60 500 Buy 260.00 272.00
08 Apr 11:51:12 266.00 809 260.00 272.00
08 Apr 11:44:56 271.25 1,843 Buy 260.00 272.00
08 Apr 11:35:32 269.60 400 Buy 260.00 272.00
08 Apr 11:33:40 272.00 730 Buy 260.00 273.00
08 Apr 11:33:40 264.00 286 Sell 260.00 273.00
08 Apr 11:33:26 270.40 500 Buy 260.00 273.00
08 Apr 11:07:28 272.00 1,838 Buy 260.00 273.00
08 Apr 11:00:04 272.00 201 Buy 260.00 273.00
08 Apr 10:53:12 272.00 1,000 Buy 260.00 273.00
08 Apr 10:44:06 265.50 1,570 Sell 260.00 273.00
08 Apr 10:41:18 270.40 366 Buy 260.00 273.00
08 Apr 10:33:50 270.40 459 Buy 260.00 273.00
08 Apr 10:24:23 270.40 180 Buy 260.00 273.00
08 Apr 10:20:14 270.40 369 Buy 260.00 273.00
08 Apr 10:13:21 271.75 1,103 Buy 260.00 273.00
08 Apr 10:10:06 271.75 547 Buy 260.00 273.00
08 Apr 10:08:31 271.75 1,849 Buy 260.00 273.00
08 Apr 10:06:27 271.75 1,838 Buy 260.00 273.00
08 Apr 10:03:34 271.75 643 Buy 260.00 273.00
08 Apr 09:44:28 266.05 7,547 Sell 260.00 273.00
08 Apr 09:43:59 270.40 184 Buy 260.00 273.00
08 Apr 09:42:37 265.20 600 Sell 260.00 273.00
08 Apr 09:41:42 270.40 369 Buy 260.00 273.00
08 Apr 09:38:57 270.40 274 Buy 260.00 273.00
08 Apr 09:35:41 270.40 129 Buy 260.00 273.00
08 Apr 09:32:29 270.00 6,834 Buy 260.00 273.00
08 Apr 09:17:02 270.40 18 Buy 260.00 273.00
08 Apr 09:14:55 271.75 1,838 Buy 260.00 273.00
08 Apr 08:52:07 271.75 1,835 Buy 260.00 273.00
08 Apr 08:40:22 271.75 735 Buy 260.00 273.00
Just taken a punt on CDM Codemasters Group...... games developer. More people stuck at home = more playing of online games. Sifted it out from 3 other gaming targets and it looked the strongest but also comes with a big spread, they all seem to do.
Latest update here Bullish........https://www.investegate.co.uk/codemasters-grp-hldg--cdm-/rns/year-end-trading-update/202004070700039750I/
I am expecting a strong news flow pipeline.
Brokers are bullish about it. ALL BUYS
Latest broker views
Date Broker Recomm. Current Price Price when issued Old price New price
07 Apr 20 Shore Capital Buy 266.50 247.50 - -
07 Apr 20 Liberum Capital Buy 266.50 247.50 370.00 -
07 Apr 20 Peel Hunt Buy 266.50 247.50 375.00 -
23 Mar 20 Peel Hunt Buy 266.50 221.00 375.00 -
13 Mar 20 Peel Hunt Buy 266.50 237.00 375.00 -
13 Mar 20 Liberum Capital Buy 266.50 237.00 370.00 -
12 Mar 20 Liberum Capital Buy 266.50 245.00 370.00 -
10 Mar 20 Liberum Capital Buy 266.50 267.00 370.00 -
10 Mar 20 Peel Hunt Buy 266.50 267.00 375.00 -
03 Mar 20 Berenberg Buy 266.50 297.50 380.00 -
https://uk.advfn.com/p.php?pid=legacydaily&epic=L^CDM&type=4&size=3&period=4&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=10&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
Sailed through the 200 day Moving Average yesterday on the RNS update.
Yep - I also took the opportunity to top-up on Friday morning. Completely warranted recovery since then! (That said, I wouldn't be a seller of LLoyds here either!)
Well - I’ve just dumped my LLOY and taken a nice big punt on this. CDM has got the talent, and the new IP.
...makes no sense. people travelling less and staying home more - what are they going to do? Downloading and playing games seems a good bet I reckon. This thing should be flying, not crashing!!!
I am as bullish as you regarding the prospects here!!
You see, it wasn't so hard for you to go out and find some catalysts was it? Glad you took my advice and did a bit of thinking for yourself.:-). Dig a bit deeper and you'll find that there are other games being dveloped in addition to F1 and F&F, that it trades on about half other games manufacturers, that the move to streaming will lower capital intensity which will increase gross margins, and last but not least, it's a small cap that has net cash on the balance sheet (which is rare). Go deeper still, and you find that Mark Slater, and extremely talented UK midcap stock picker, has initiated a position in the last 6 months. Have I persuaded you to buy a few yet ;-)
Now that is funny. One comment of substance which relates to a PE multiple ... something that can be found on any subscription package or via a decent broker ! I’ll give you two to assist ... new game releases in Fast & Furious , F1 and ever expanding downloadable content which is rapidly growing the revenue streams. Oh and I don’t hold but considering a few !
Wrong on both counts. My comments regarding the attractivenes of this stock are already on this Board, whilst all I suggested to you was do a bit of research and then we can have a proper debate. If so, then you'll find out how much I know about this stock, and investment in general, won't you?
Matt - clearly, you are rude and equally not much in the know either judging by your response ! ATB
I don't mean to be rude, but perhaps worth doing a bit of research yourself before coming on here and asking such open questions?