image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Secondary Recommendation

Game Digital - Video games retailer to benefit from next generation consoles

November 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GMD
  • Price:
  • 282p
One of the more unlikely recovery stories this year is Game Digital, the UK’s largest high street video gaming retailer, which was introduced to the Full List last June at 200p, in a float that raised £20m for the company and £101m for selling shareholders. The shares have since risen to a new high of 286p.It seems so incredible, given that Game crashed spectacularly into administration early in 2012, a victim of the trough in the computer games cycle, the recession and ill-judged expansion during the middle of the last decade. However, while in administration Game has ruthlessly downsized its estate from 1,312 outlets to just 560, with UK stores culled from 610 to 321 and its Spanish operation right sized from 29 ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Game Digital - Cut losses and sell (February 2016)
Game Digital (December 2015)
Game Digital - Price competition triggers warning (February 2015)
GAME Digital - Video games retailer to benefit from new console launches (December 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe

SUBSCRIBE NOW