Member Info for Jarcon

Beauchamp posted that on the 24th Feb, so it was then.....

perhaps worth noting that the third Total War: Warhammer title will be released in Feb next year, which should see another large chunk of licensing revenue coming GAW's way.

I've a sneaking suspicion Raja may be one of those disgruntled Bond fans that doesn't like the Daniel Craig films.

Raja Moore is a bit on the nose isn't it?

I believe it's the risk of market contamination / failure due to Evergrande in China - similar to what happened with Lehman in 2008.

With regard to the delisting, anyone else having the following issue:

Shares are showing in my account (ii) with the prtg price/value attached, but if I try to sell any it's showing my holdings as zero instead of the shares I actually hold.

I assume it's a quirk due to the delist that will correct itself eventually, just wondering if it's affecting anyone else

thanks.

I believe the game won't actually release till much later in the year, however given the first two games' popularity and the fact that this will expand on the previous two it should make for a good bump in the royalty payments next year - a lovely little bonus straight to the bottom line.

Next trading statement will be particularly interesting as it will be used to compare to lockdown periods. This share has repeatedly been noted as getting a big bonus from lockdown etc as people discover / re-discover the hobby aspect.

Be interesting to see if that trend continues as lockdowns ease. Personally think they will (hence my investment) but we'll see.

Point to bear in mind for when they announce the re-opening - the direct debits for the unlimited cards will be reinstated as well I imagine, opening the tap on a fairly large line of income that Cine can benefit from even if people don't go to the cinemas in large numbers (though as others have stated I expect it will be quite popular again even in 'staycation' options)

By my count that makes this years divi a total of 185p,

which makes an increase on last year of 40p - recall all those articles a few months ago stating GW had reduced their dividend?

They haven't, they were comparing full year to 3 quarters.

Poor reaction from the market I feel.

Thanks to the new shares not being processed by ii yet, woke up to see my holding in TP ICAP had fallen to 0 value this morning - nearly had a heart attack....

Just got to wait I suppose.

So will our Canadian shares be automatically replaced by NASDAQ registered ones come Thursday?

If last year is anything to go by, some time around last week of March, though there's no guarantee of course.

So the total war tie in announced their third game yesterday - it's still sitting at the top of the Steam charts on pre purchase sales only, so should have a nice hefty royalty payment coming GAW's way.

More interestingly in terms of long term growth, the new game is introducing a new race - Cathay, which is almost certainly aimed at the Chinese market for CA, whose last Total War game, 3 Kingdoms, has gone down a storm there - given the 'knock on' effects from games 1 and 2 in terms of drawing new customers to GAW, could be an interesting prospect for 2022/23, especially given increasing economic clout of China and the burgeoning middle class there - nice big potential market for GAW to tap.

Historically speaking the board have in fact always been very conservative in their forecasts and approaches. They have very much tended to under promise and over deliver.

Thanks for the article mick-b,

slightly mocking first paragraph I think (although that's pretty standard in review of GAW I tend to find) - kind of begs me to ask the question - is GAW really THAT niche any more?

I think most people under 40 in the UK are at least aware of GAW to some extent or another, though of course they aren't all customers. It reminds me somewhat of Sega/Nintendo in the 1990s - older people had no clue about them, dismissing them as niche, to younger people it was a normal part of the world.

So why does every review of GAW continue to mention the nerd/obscure/etc in them?

just rambing/musing.

Even more so when you take into account the number of companies that have cut if not stopped dividends completely due to Covid.

Meanwhile GAW has continued along and increased theirs.

I see some of the headlines focusing on a 'dividend cut' as it's comparing the dividend to last year - bit of a falsehood really as they're comparing last years Q1, Q2 and Q3 dividends totalling 100p

to this years Q1 and Q2 only totalling 80p This years Q3 (of 60p) was declared later, but a true like for like would make it a 40% increase on the dividend....

1971Bod - where did you get that information from?

don't get me wrong, i'd be very happy if that's the case,

Just wondering if there's any confirmation

thanks

James

I was only in for pennies compared to most of you, and still think we're being screwed out of the future potential of the share, but a profit is a profit.

thanks for the chat on here, it's been an interesting read.

Good point,

I had not, however I believe that's only 5% isn't it?

That still makes an exchange rate in the 1.58 range. Happy to be corrected on the WHT rate if I'm wrong though.