The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Best keep quiet on this one 🤣
Just got stopped out, bet you it goes up now lol
Looks exhausted so surprising stuff especially seeing they have a lot of net cash and directors gobbled up big amounts
Gl
Just gone and bought some at £1.17
Great gain
Fallen too far now so probably should be accumulating some here with a very decent net cash
Sorry wrong BB
Have just bought the following
08/02/2024 Bought B702834323 48.88 10,777 5,276.48
They didn't give us a number, or even refer to job cuts directly but the biggest clue is as part of "Organisational Review" (surely a euphemism for firing) they referred to saving "20% of annual operating costs". That saving mooted to be in place from the start of FY25 - a lag I reckon due to the associated redundancies + potential one off restructuring costs but break even from next year onwards.
Does anyone know how many jobs were cut?
I’ve seen a few people on Twitter posting about needing a new job since they got axed. I just wonder if the management did it sufficiently to cover the bills this year.
Could do with some good news
Another F1 Manager.
Planet Zoo on PS5 and Xbox.
A brand new unannounced title releasing this year.
They’re supposed to be doing a show at 6pm tonight to showcase what Frontier is doing. It’s a monthly thing. Gonna be really disappointing if the main announcement is PS5 Planet Zoo.
Frontier's Planet Zoo is finally coming to PS5 and Xbox Series XS this March
Pulasthi Ariyasinghe
Jan 30, 2024 13:38 EST
https://www.neowin.net/amp/frontiers-planet-zoo-is-finally-coming-to-ps5-and-xbox-series-xs-this-march/
Any news?
They increased cash recently and said more receipts were incoming at start of year.
With cash on hand, back catalogue and growth ahead it’s likely to be a takeover at some point.
25-Jan-24 16:40:59 154.00 45,000 Buy* 153.20 154.00 69.30k O
Frontier Developments will host a new monthly showcase beginning next week, on 31st January at 6pm UK time, with updates on the what's next from the company.
Frontier Unlocked, as the showcase will be known, will look ahead at the coming year for the studio - so expect to hear more about Warhammer 40K: Chaos Gate - Daemonhunters' console edition, and what may be on the horizon for Elite Dangerous.
Also expecting to hear of an all-new project.
Frontier said at the end of last year that it would refocus on its sim game genre bread and butter after low sales of its Warhammer real-time strategy title Age of Sigmar: Realms of Ruin.
Frontier said it had three upcoming simulation games scheduled for launch over the next three financial years, and was committed to continuing to support Elite Dangerous.
Source:
https://www.eurogamer.net/frontier-developer-showcase-announced-for-next-week
In fact, considering the Gamesworkshop contracts, and the company IP, i think we could see this as a takeover target while the price is here, in which case we will be looking at over £240m or 600 per share.
Consolidation of staff complete.
and with the new gamesworkshop TV shows coming to Amazon, i would expect announcement of new games....
As evident from the gaming companies reporting today
Would suggest this becomes a buy on dips or buy on moves higher now
Turn of confidence here
Sorry
Can they avoid a placing in H2?
Encouraging update and first time in a while they've come inline with expectations, should settle some nerves. 20% cost reduction is significant, clearly they're slashing headcount which will stem cash outflow. With all the focus on underperformance of F1 manager and Warhammer titles good to see the back catalogue is still steady chugging away earning revenue.
I wonder if there is a bid around the corner??
Funny old market, probably the worst rns on the board today. Business looking very shakey, yet up 5% when others releasing good news are down. I guess the market expected results to be even worse