Network News: 2016 May GW Market Watch


Network News is rated: trending land of make believe importance for this blog

Watching stocks over the short-term is often an experiment in futility. On April 1st 2016 we looked back at the state of Games Workshop’s stock price and general financial health…

It is truly strange times, as larger macro issues might affect the short-term health of Games Workshop. Things like Donald Trump being a major presidential candidate, might seem huge to Americans, but it is things like Britain leaving the EU will have a greater influence on the global and British markets. As GW often ties pricing directly to currency markets, such a dramatic change will have profound effect. In the meantime, that vote doesn’t happen until June 23rd, which consequently is around the same time we should get an annual report from GW. What that all means for investors, takes a brighter mind than mine.

So, how is GW doing heading into potential turbulent times? Well over the last month things are slightly up, which is a big difference from most of the year.

The trend is for the better, but is still problematic if you look at the year to year level of the stock. As you will see GW is still down over 4% for the last 12 months.

Now, everything isn’t doom and gloom. GW is aggressively releasing mass market items. The end of May just saw the release of Total War: Warhammer, too bad the video game universe bares little resemblance to the current universe. We also have GW bringing the kiddies the Battle of Vedros to bigger box hobby shops across North America. With rumors of 8th edition coming for 40k, an upswing in GW profits isn’t out of the question.

Still, with the half year report and the potential for Britain leaving the EU, will most likely determine how the stock will do for the remainder of the year!