Games Workshop July Market Watch 2017
Watching stocks over the short-term is often an experiment in futility; on June 1st 2017 we looked back at the state of Games Workshop’s stock price and general financial health today we do the same…
The oddity that is Games Workshop cannot be stopped, acting more like a American stock market, not the up and down British Markets. The triple combination of weaker pound, actual real profits, and dividend checks has lead investors to raise Games Workshop stock to heights it has never seen.
The release of the Annual Report and good press all around sent Games Workshop up, how much, here take a look at the gains in just the last month alone!
For the month of July 2017 the stock is up an another 25%, that is on the back of another 25% increase from the previous month. It is an amazing run and a mostly late breaking run, as the steady climb for the stock has jumped in the last quarter.
Here the Year to Date for illustration.
Even better market websites are taking noticed with various reports and analysis scattered about.
The ones posted above barely scratch the surface.
The the biggest news besides the Annual report itself was the farewell letter from Tom Kirby the former CEO of Games Workshop and largest share holder. It seems like at least for now Kirby is retiring, in his letter you cannot help but notice the full throated defense of his tenure even though a majority of things he did or said were proven completely wrong.
You can read all the histrionics here…
As for the annual report itself you can find it here…
Next month shouldn’t be too exciting unless a global event like say war with North Korea happens, if anything more bad news about Brexit negotiations maybe end up doing more to help or hurt Games Workshop stock than anything else at this point.
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