Games Workshop Group

Games Workshop Group

Games Workshop Group on the Web and Social Media

Games Workshop Group News, Fundamentals and Discussion on:

Games Workshop Group page on Interactive Investor
Games Workshop Group page on Financial Times
Games Workshop Group page on ADVFN
Games Workshop Group page on London South East
Games Workshop Group page on Bloomberg Markets
Games Workshop Group page on This is Money
Games Workshop Group page on Motley Fool
Games Workshop Group page on Proactive Investors

Games Workshop Group Socially Speaking

Games Workshop Group RNS, News and Media


18 Sep 2017
Games Workshop Group - Block listing applicationfrom Interactive Investor
13 Sep 2017
Games Workshop Group - AGM Statementfrom Interactive Investor
5 Sep 2017
Games Workshop Group - Dividend and Trading Statementfrom Interactive Investor
1 Sep 2017
Games Workshop Group - Block listing Interim Reviewfrom Interactive Investor
1 Sep 2017
Games Workshop Group - Holding(s) in Companyfrom Interactive Investor
1 Sep 2017
Games Workshop Group - Total Voting Rightsfrom Interactive Investor
9 Aug 2017
Games Workshop Group - Holding(s) in Companyfrom Interactive Investor
7 Aug 2017
Games Workshop Group - Holding(s) in Companyfrom Interactive Investor
3 Aug 2017
Games Workshop Group - Annual Financial Reportfrom Interactive Investor
25 Jul 2017
Games Workshop Group - Directorate Changefrom Interactive Investor

Games Workshop Group Charted

Games Workshop Group Discussion on Interactive Investor

Re: NEW ARTICLE: Re-assessing Games Workshop... by pharmaspecialist

  Sat, 19 Aug 2017 11:55:00 GMT
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.
By pharmaspecialist

NEW ARTICLE: Re-assessing Games Workshop: Is it a buy? by II Editor

  Fri, 18 Aug 2017 16:14:00 GMT
"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 ..."

By II Editor

any infomation please by k9maggie

  Mon, 31 Jul 2017 21:33:00 GMT
why does this keep going up, any infomation ?
By k9maggie

Re: divi return by swarfega man

  Wed, 04 Jan 2017 08:02:00 GMT
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 thanks
By swarfega man

Re: divi return by moonowl

  Tue, 03 Jan 2017 20:21:00 GMT

Have you not read the last two RNSs?
By moonowl

Re: divi return by swarfega man

  Tue, 03 Jan 2017 08:36:00 GMT
more importantly why has this gone up over 40% in the last month?! Cant find any info?
By swarfega man

divi return by k9maggie

  Thu, 08 Dec 2016 21:42:00 GMT
may be I am getting tired
how 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 refmaybe I use wrong figures and need correcting
By k9maggie

£ costs, $/€ revenues - elephant in room by averageup

  Sun, 23 Oct 2016 18:09:00 GMT
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?
By averageup

NEW ARTICLE: 5 traits of a perfect long-term investment by II Editor

  Fri, 12 Aug 2016 15:36:00 GMT
"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 ..."

By II Editor

NEW ARTICLE: Can we trust the board of healthy Games Workshop? by II Editor

  Fri, 05 Aug 2016 08:11:00 GMT
"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 ..."

By II Editor

questor by petethenovice

  Wed, 27 Jul 2016 15:05:00 GMT
Anyone any thoughts on this recomended for 7.5% divi by telegraph
By petethenovice

iii ex div under ANALYSIS \ FUNDIMENTALS by k9maggie

  Thu, 21 Apr 2016 20:11:00 GMT
iii FUNDIMENTALS - divi declaration exdiv 06aug2016 payment 14sep2016 divi 20p
NEWS - divi declartion exdiv 28apr2016 payment 08jun2016 divi 20p

could it be that their are two payments, probably I wish ..

By k9maggie

NEW ARTICLE: Games Workshop: In denial by II Editor

  Wed, 13 Jan 2016 12:09:00 GMT
"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 ..."

By II Editor

NEW ARTICLE: Games Workshop AGM: A relentless profit machine by II Editor

  Fri, 18 Sep 2015 10:22:00 GMT
"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 ..."

By II Editor

NEW ARTICLE: Games Workshop: Testing the goose killing theory by II Editor

  Thu, 10 Sep 2015 10:36:00 GMT
"Games Workshop has built a global business selling models inspired by its fantasy wargame, Warhammer, but does the game matter?

My view

Games Workshop’s AGM is next Wednesday, and I’m going to use it to test my theory that the company may ..."

By II Editor