Member Info for lemonade311

@threeputt and @monkshood Seems market thinks it's good.

Anyway, I don't see how this can be anything but good unless you don't understand the company enough?

£1.5m of oper. profit in 6 months should mean annualized of >£3m I presume.

This is a massive improvement from £1.5 in 23 and 24 FY and shows better margins and cost control.

Remember, the stock price is priced super low. Personally, that's above my expectations and means Pippa is doing good on the turnaround and we should start to see healthy growth from the core brands again soon as she cut the rubbish crap that Bernard put us into with low gross margins

If you even just look at the basic metrics like EV/Revenue, Acast's is 1.12 while BOOM is 1.24, when you consider that Acast has 40% gross margins and Boom has never historically gone above 24% gross margins and Acast's growth rates are currently much healthier than Booms.

Then take into account that Acast management is superior and has a way better product such as AI-enabled ads based on what the podcasters are saying (i.e if they talk about restaurants, a food advert can play).

This also means Acast's users get higher yield % on their ads and more revenue which allows Acast to take a higher % split of revenue share.

You'd have to be crazy to choose Boom over Acast imo. Acast will continue to dominate as it's product is superior and boom will have to keep giving horrible contracts to it's creators to entice them to stay on their platform as there is no reason a podcast creator would choose Boom over Acast without having artificially lopsided contracts that supress Booms gross margins.

Sales are now down past the top 20: https://store.steampowered.com/search/?filter=globaltopsellers

And number 10 now here: https://store.steampowered.com/search/?filter=topsellers

Shocking.

For reference, if you use wayback machine or a historical steam db chart site, planet coaster 1 was Number 1 for multiple weeks running. I understand games were less competitive back in 2016 but you can still expect a massive drop off of sales from PC2 from the first one.

Great job by pippa. Competent managaement is everything. £3m annualized oper. profit they are on track for then which is better than I was forecasting. Share price is too low

Its a good company with short term macro issues. Appliances are linked to house sales but will lagg a bit.

I'm waiting before buying more.

> FDEV's inability to release more than one per year with a headcount of over 700 people is a sign of serious mismanagement and waste continuing despite the so-called organisational review.

700 employees for 3 upcoming titles, all 3 of which are sequels and easy to code rather than creating new IP.

Actually crazy that they have this many employees. Still need to fire around 100 employees to make it more efficient, including the management team.

This is going into macroeconomics at this point but I agree with Deutsche bank here

Some will be passed on as price rise, some as lower wages for new employees (over multiple years) and some as less margin for the company

Greggs is more affected here and so margins should fall slightly but it's not a huge issue I think

> Price going up!

This aged like milk...

CEO needs firing though.

> Do they balance the spread depending on their exposure? E.g. if there was lots of money in favour of Nvida rising, do they reduce the spread on the sell side and increase it on the buy side of Nvidia?

I'm not sure tbh, would be good to know the answer.

Correct. Trumps tarrifs are a huge risk here lol.

Steam reviews are what users use to decide whether to buy a game.

IGN and other type reviewers use a 6-10 scale ratio.

Most users look at the rating and see 'mixed'

Mixed games sell significantly less than very positive ones and get discounted faster, it's just a fact, go Google it

The issues aren't horrific like CD project red and mostly revolve around UI which is fixable but it's still not good to go to 60% on launch day when most sales are done in the days after launch

I will wait and see if they fix

Fyi planet coaster 1 was at number 1 on steam for multiple weeks running

The huge risk here is still Jurassic World 3 as well, this has to be released at the same time as the new movie due to marketing reasons.

Which means you can't push it back and so if it's bad you have to release it regardless.

@molatovkid it isn't emotional at all.

I saw the mixed reviews coming in last night and knew I would sell.

The reason for Planet Zoo + Planet Coaster huge backlog sales is their overwhelmingly positive steam scores.

This genuinely hurts their revenue + profit. How is it emotional?

Mixed review games tend to die quickly unless management patches them fast but even then they lose the initial sales, so imo this will sell worse than PC1 did.

CMS games have large tail-end sales + DLC though.

Mixed review on steam means significantly less sales and discounting quickly.

Anyway, management is incompetent clearly.

i've sold too, their jurassic world 3 will be rushed and **** too probably.

this is also because they fired a lot of qa staff btw, read their annual report.

their ceo needs firing. this is a joke.

this was such an easy smash hit and multi-bagger and they ****ed it up. ****ty uk companies.

Steam reviews are not good.

It will hit 'mixed' rating on steam which will hurt sales.

Frontier has messed it up again lol. There's fundamental bugs (firing a bunch of QA's turned out to have an effect on quality it seems!) like blurry gameplay and bad UI built for console.

Beyond frustrating.

@404x

Where do you see it's only for UK?

https://store.steampowered.com/search/?filter=topsellers

This AFAIK is for all global steam sales and PC2 is currently #2 behind the steam deck

@johndutton1973 AFAIK, plus500 does not hedge that much:

> The Group utilises market position limits for operational efficiency. Not all net OTC client exposures are hedged and the Group may have a substantial net OTC position in any of the financial markets in which it offers products. The Group implemented targeted hedging, with a view to reducing market risk. This focused approach is deployed in certain circumstances, as and when appropriate.

Which is why they need large reserve cash on the books, just in case for losses.

What's funny is that Plus500 claims customer trading will be a net neutral of 0 over time, however it's pretty clear from their numbers over the years that Plus500 has made money on customer trades.

They probably claim this as it would look bad on them if they were making money off of customer trades in the news...

But it seems to me that they do make money off their customers, probably cause their customers are such retail gamblers and making poor decisions.

Also currently 5th on steam top sellers. Crazy good for a pre-order coaster game imo.

Should hit 1 when it comes out.