oldjoe1
01 Dec 2017
Re: GAW Fantastic Results........... GAW Games Workshop........[link]
pharmaspecialist
19 Aug 2017
Re: NEW ARTICLE: Re-assessing Games Workshop... Thanks for the Q&A session in this article Richard. I have been keeping an eye on this company for some time and admired the ROCE but could never get myself to buy the shares as I couldn't believe they could continue to make so much money from what they do. If you want to know what made me re-assess and buy the shares about six months ago, it was the continuing stream of royalties which I guess must go straight to the bottom line. This also underlined to me the value being generated by the company. I noticed on the TV that computer gaming is now becoming a sport, complete with spectators (weird!). I also read some of the enthusiast boards about wargaming and it is clear that many adults are quite passionate about this and spend accordingly. As you implied in your article, you probably love or hate the management (no, I doubt that I could work there either) but my impression is that they are quite conservative and take a long term view in formulating strategy, which I like so I am happy to hold the shares and will probably retain them indefinitely assuming no fundamental change in the business.
II Editor
18 Aug 2017
NEW ARTICLE: Re-assessing Games Workshop: Is it a buy? "Egg on your face Richard?Egg?Yes, egg. A couple of years ago you laid into Games Workshop. You said either you were mad or Games Workshop was delusional. Yet in the year to May 2017 the company has increased revenue 21% at constant exchange rates ..."[link]
k9maggie
31 Jul 2017
any infomation please why does this keep going up, any infomation ?
swarfega man
04 Jan 2017
Re: divi return forgive me!The previous 2 related RNS about major interest in shares both declare that Phoenix Asset have reduced their holdings below a notifiable threshold?What am I missing?Many thank
moonowl
03 Jan 2017
Re: divi return Uh?Have you not read the last two RNSs?
swarfega man
03 Jan 2017
Re: divi return more importantly why has this gone up over 40% in the last month?! Cant find any info?
k9maggie
08 Dec 2016
divi return may be I am getting tiredhow does iii get divi under fundammentals as 3.2%using last full year compared to closing price gives approx 6.4%please advise for my future ref.....maybe I use wrong figures and need correctingk9maggie
averageup
23 Oct 2016
£ costs, $/€ revenues - elephant in room a fairly unique situation of a 100% UK manufacturer with 75% export sales, limited overseas cost base. Surprised Richard Beddard's article didn't mention this rather large factoid. Moreover we now have organic growth so no wander the dividend has been raised 25% y/y.As a father of a son who is a GW hobbyist i have an insight into the business and the nature of its (UK) customer base. I agree its not for everyone in fact its very niche but it has a unique customer proposition (no direct competition) which is enjoyed and profitable in multiple large overseas markets.I actually like the focus of the Chairman and Board on it shareholders and the refreshingly straightforward language around corporate governance. Frankly i don't give a toss whether there are women on the Board and not just because i have never seen a girl or woman play this game at least in our local shop. All i want is good, aligned management which i think is what we get with GAW.As you say Richard you should have ignored your slightly wet side which seemed quite personally offended for some reason, seen more clearly the elephant in the room (£ devaluation) and backed your business analysis which obviously is in tune with the many attractions of GW. Must admit as a recent (post Brexit) addition to the shareholder register, i am not scarred like you by holding this during a couple of more difficult years. Its not too late though, as even 20% higher since your article its still looking cheap in terms of its multiple of equity FCF which is feeding strongly into dividend income. At a time when profit warnings are hammering over-priced mid cap me-too often correlated stocks what else could one ask for?
II Editor
12 Aug 2016
NEW ARTICLE: 5 traits of a perfect long-term investment "It only takes half an hour to roll your-own algorithm for investment success - though implementing it might take a little longer.Common sense algorithms are better at making decisions in noisy environments - like the stockmarket - than expert ..."[link]
II Editor
05 Aug 2016
NEW ARTICLE: Can we trust the board of healthy Games Workshop? "I've delayed writing this article after reading LSE:GAW:Games Workshop's annual report, but I still haven't calmed down. The act of typing is riling me up again.As an investor and as a journalist, I try to be objective. While objectivity isn't ..."[link]
petethenovice
27 Jul 2016
questor Anyone any thoughts on this recomended for 7.5% divi by telegraph
k9maggie
21 Apr 2016
iii ex div under ANALYSIS FUNDIMENTALS iii FUNDIMENTALS - divi declaration exdiv 06aug2016 payment 14sep2016 divi 20pNEWS - divi declartion exdiv 28apr2016 payment 08jun2016 divi 20pcould it be that their are two payments, probably I wish ............k9
II Editor
13 Jan 2016
NEW ARTICLE: Games Workshop: In denial "There’s bad news about revenue and profitability in Games Workshop’s half-year report and no adequate explanation. Maybe the company’s in denial.Games Workshop failed to report the one thing I was looking out for in the half-year to ..."[link]
II Editor
18 Sep 2015
NEW ARTICLE: Games Workshop AGM: A relentless profit machine "Games Workshop is casting itself as a relentless profit making machine. Customers, staff, and investors who don’t like it better get out of the way. On Tuesday, the day before Games Workshop’s annual general meeting, my twelve year old son burst ..."[link]
