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Gotta luv Roy Hodgson
Let’s hope for a long run up back to £120 s. Where it belongs imho. Fantastic company way too low as we stand fingers xxxxed for upward trajectory (:0)
Great products and predictable, growing, revenues. That's the 'domination' bit...
FANTASY... 10000 by 1.1.2023
What do you think?
Warhammer
not sure what the RNS was about since BG already had a 7.3% by the end of May 2021 (in the FY2021 full year report), but positive nevertheless.
BIG increase by BG: high margins; customer loyalty; protected IP.
I guess BG (oh and Buffetology guys too) must know what they are doing.
I bought recent dip and am delighted to be here.
The sales held extremely well during the great financial crisis, happy to buy from someone pannicking now. Good luck rotating into commodities and oil & gas, that has always worked out to protect against a recession.
LOL
You haven’t met Warhammer players have you?
Who knows if timing is perfect, it certainly feels so. Great stock, highly investible.
Hoping to be here for the long and steady climb.
GLALTH
I think it's just the risk of recession in general. If people are struggling with food and gas bills they'll have less money for space marines.
Bought some today. Crazy pull back. Solid company with the perfect business model. Protected products sold in their own shops only.
this price is outrageous, shame i am tied up elsewhere. Is it just economic climate or bigger factors within the business?
Yeah I don't see how the Ukraine situation affects us except with regards to a general economic slowdown. Around £70 has to be a buying opportunity. P/E is about 18 with a 3.2% dividend yield, GAW usually trades at a higher rating than this.
A week after release, Warhammer 3 is still number 2 in the steam top sellers list and number 3 in the global top sellers list.
Joined the party at just over 71. May have further to run depending on what happens in Ukraine but exciting upside at the current valuation
Management bought at 76, now it's 74. Selling some other under performing assets to grab a handful.
TURBO BUY
They've also announced price increases today on their products from March - though it won't affect some some currencies.
Thanks for sharing.
It’s a reminder the current SP is a reflection of macro concerns. Meanwhile GAW the company keeps moving forward.
https://www.panini.co.uk/shp_gbr_en/blog/panini-and-games-workshop-announce-new-partnership
"Panini UK Ltd today announced a new partnership with Games Workshop to create a range of Warhammer collectables, with 2022 launches for both stickers and trading cards. It’s time to fight for the future of humanity across a vicious, war-torn galaxy! Prepare for battle with Panini’s first new launch, Warhammer 40,000: Warriors of the Emperor Sticker Collection.
A mighty collection of 204 stickers and 50 Hero Cards, with a buildable box and a double-sided pull-out Space Marines Armoury poster which allows collectors to delve deeper into the 41st Millennium where, driven by war and assaulted by the foul forces of Chaos... Xenos, Daemon and Traitors emerge from the darkness to prey upon the Imperium. The armies of the Emperor rise up to grind these vile enemies to dust with their armoured boots. Inside the sticker album, collectors can honour the Ultramarines, the Dark Angels, the Space Wolves, the Blood Angels and the Sisters of Battle – the supreme and devoted warriors who live each day in endless warfare. All who know Warhammer know… in the grim darkness of the future, there is only war… and this is the sticker collection to bring that war to life!"
https://www.panini.co.uk/shp_gbr_en/blog/panini-and-games-workshop-announce-new-partnership
I will be be diving in!
A definite move away from cash making growing businesses into high debt dogs perceived as value stocks. I’m adding again here as it’s below 8000.
The profit from IP revenue is already very impressive, and has the potential to be considerably higher going forward. As already been posted this is an extremely well run business.
Steep declines are an institution selling - that steepness and rapidity is due to large volume, not retail. 90% of GAW owned by institutions and it's done well for them. They have to rebalance portfolios when positions get too large/profitable (!), so must sell. Also some will be profit-taking. Interesting to read the RNS's of sales/purchases. Sometimes an ii will sell a chunk then buy it back again a few weeks/months later for a decent profit.
Basically, GAW is a stellar UK business that's been hit by global shipping cost rises beyond its control. Everything in its control is exemplary, including how they look after not just customers but their own staff...expecting it to be in the FTSE 100, esp once shipping costs settle...