Games Workshop Market Watch for February 2019
Watching stocks over the short-term is often an experiment in futility; on February 3rd 2019 we looked back at the state of Games Workshop’s stock and financial health today we do the same…
With less than a month left on the Brexit countdown, our favorite plucky company, Games Workshop keeps on chugging along in the face of the possible pending British doom. February saw investors fully digest the January Half-year report and with no more exciting news coming from Games Workshop, let us see how the February went.
Games Workshop had a great month up more than a percent, a reflection of generally rebounding global markets. This left the stock year to date in almost the same way it was up for February, around 1% as shown below.
Until we see what happens with Brexit don’t expect anything crazy to go on with Games Workshop stock price. One silver lining with the whole Brexit debacle is Games Workshop might push as many high profile products out as fast possible before the deadline, just in case the Euro ports end up being closed. Games Workshop though has been uniquely position to weather the whole storm as one of the rare companies that still makes things in Britain, it can thrive in world of a weak pound and doesn’t rely as much on the European market as other table-top game makers.
As for investor news February 2019 was a slow month with only one press releases.
While we wait in raptured exciement for the release of Warhammer 40k 9th edition Games Workshop has taken a tone deaf approach to model pricing.
Picture is starting to be painted as Warhammer 40k 9th edition might be the edition where Assault and Close Combat make a long waited comeback!
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