GAME (as in the shop GAME): Retailer Of The Year 2018

Anything to do with games at all.
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Delusibeta
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PostRe: Game Shares "Collapse"
by Delusibeta » Fri Nov 25, 2011 2:10 am

Lucien wrote:
lex-man wrote:The have over sixteen million shares if I'm reading this right.


http://www.google.co.uk/finance?client=ob&q=LON:GMG

I don't even know. :?:

The Volume stat is what you're looking for. It shows that today, 16.63 million GAME shares were traded. Market capitalisation is the total amount of shares in the market times the current price, and currently stands at 22 million. I'll assume the low "shares total" is an error on Google's part.

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Lagamorph
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PostRe: Game Shares "Collapse"
by Lagamorph » Fri Nov 25, 2011 6:50 am

Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
Turboman wrote:Lagomorph..... Is ..... Right
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TheTurnipKing
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PostRe: Re: Game Shares "Collapse"
by TheTurnipKing » Fri Nov 25, 2011 7:33 am

Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.

...if they thought they were going to have a good Christmas, surely they wouldn't have revised their numbers in the first place?

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Harry Bizzle
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PostRe: Game Shares "Collapse"
by Harry Bizzle » Fri Nov 25, 2011 7:37 am

:lol:

This thread could suddenly become very entertaining.

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BID0
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PostRe: Re: Game Shares
by BID0 » Fri Nov 25, 2011 9:01 am

TheTurnipKing wrote:
Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.

...if they thought they were going to have a good Christmas, surely they wouldn't have revised their numbers in the first place?

Pretty much.

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Psychopomper
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PostRe: Re: Game Shares
by Psychopomper » Fri Nov 25, 2011 10:21 am

BID0 wrote:
TheTurnipKing wrote:
Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.

...if they thought they were going to have a good Christmas, surely they wouldn't have revised their numbers in the first place?

Pretty much.



Come January/February I honestly think it is going to be carnage in the high street. So many retailers are sooo close to buckling under and they are holding out in the hope that Christmas can give them a stay of execution...all the signs are that this isn't going to happen. Bad times ahead methinks.

bear
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PostRe: Game Shares "Collapse"
by bear » Fri Nov 25, 2011 10:26 am

So massive potential for clearance sales bargains?

Something Fishy

PostRe: Game Shares "Collapse"
by Something Fishy » Fri Nov 25, 2011 10:36 am

Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.


it's a reasonable risk i think. It's not the sort of amount of money that will break you if they collapse but it could give a little bonus if they recover.

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Lagamorph
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PostRe: Game Shares "Collapse"
by Lagamorph » Fri Nov 25, 2011 2:13 pm

Shares are up 5% so far today :)

Besides, this gives me an excuse for shopping at Game when people criticise me. I'm supporting my investment :lol:

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
Turboman wrote:Lagomorph..... Is ..... Right
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BID0
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PostRe: Game Shares "Collapse"
by BID0 » Fri Nov 25, 2011 3:17 pm

How much do they have to go up for you make a profit?

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Lagamorph
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PostRe: Game Shares "Collapse"
by Lagamorph » Fri Nov 25, 2011 3:31 pm

BID0 wrote:How much do they have to go up for you make a profit?

Just over a penny per share. As soon as they hit 8p I'm in profit.

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
Turboman wrote:Lagomorph..... Is ..... Right
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BID0
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PostRe: Game Shares "Collapse"
by BID0 » Fri Nov 25, 2011 3:40 pm

good luck :)

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Kanbei
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PostRe: Game Shares "Collapse"
by Kanbei » Fri Nov 25, 2011 3:49 pm

How much would it take for us to get a controlling stake? :shifty:

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Lagamorph
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PostRe: Game Shares "Collapse"
by Lagamorph » Fri Nov 25, 2011 3:57 pm

Kanbei wrote:How much would it take for us to get a controlling stake? :shifty:

£100 got me 1,352 shares at the time. Given they have about 347 million shares.....I think we might struggle more than we initially thought :shifty:

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
Turboman wrote:Lagomorph..... Is ..... Right
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Spindash
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PostRe: Game Shares "Collapse"
by Spindash » Fri Nov 25, 2011 4:02 pm

Kanbei wrote:How much would it take for us to get a controlling stake? :shifty:


GRcade Boutique.

"Are you OK there?" + Stuff

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KK
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PostRe: Game Shares "Collapse"
by KK » Fri Nov 25, 2011 4:03 pm

GRcade Boutique - Where we leave the customer to just get the strawberry float on with it.

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PatSharpsMullet
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PostRe: Game Shares "Collapse"
by PatSharpsMullet » Fri Nov 25, 2011 5:26 pm

I bought Rayman Origins from them instore today, but only because I had a £15 gift card that was given to me in March. I picked up the copy that they had mistakingly put a £39.99 sticker on instead of the others which had £42.99 stickers on. It went through the till at the higher price but as soon as I pointed it out, the girl behind the till reduced it to the lower price for me. :) Hopefully no one will ever give me one of their gift cards again.

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Atreyu
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PostRe: Game Shares "Collapse"
by Atreyu » Fri Nov 25, 2011 7:52 pm

Something Fishy wrote:
Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.


it's a reasonable risk i think. It's not the sort of amount of money that will break you if they collapse but it could give a little bonus if they recover.

Really? For a £100 investment? Where the minimum transaction costs alone are going to be in the region of £7.50 (the fee for execution-only transactions on The Share Centre) so you'll have to make a whopping 15% return just to break even? And this for a company that the City (where they have a large professional staff who do this for a living) thinks is going down the toilet?

Take your money to the casino instead and plonk it all on red. It'll be about as rewarding, not to mention a fun evening out. And they might provide you with a free drink to boot!

"I'd call him a sadistic, hippophilic necrophile, but that would be beating a dead horse." Allen
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Cosmo
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PostRe: Game Shares "Collapse"
by Cosmo » Fri Nov 25, 2011 9:10 pm

PatSharpsMullet wrote:I bought Rayman Origins from them instore today, but only because I had a £15 gift card that was given to me in March. I picked up the copy that they had mistakingly put a £39.99 sticker on instead of the others which had £42.99 stickers on. It went through the till at the higher price but as soon as I pointed it out, the girl behind the till reduced it to the lower price for me. :) Hopefully no one will ever give me one of their gift cards again.


Was it only one copy that had the wrong price? We only honour a price if the majority of the games have the incorrect price on them. If it was just one then you'd have no luck.

"Danny Duberstein is good at two things. That's Math, and strawberry floatin'."
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PostRe: Game Shares "Collapse"
by Something Fishy » Fri Nov 25, 2011 9:24 pm

Atreyu wrote:
Something Fishy wrote:
Lagamorph wrote:
Something Fishy wrote:
Lagamorph wrote:Just signed up to The Share Centre and when the markets open at 8am tomorrow morning I will own £100 worth of shares in GAME :shifty:

I'm tempted to take a similar gamble here.

Given the current share price I thought it was worth a risk for a hundred quid. I'm hoping they'll do relatively well over the christmas period to give them a good start to going up.


it's a reasonable risk i think. It's not the sort of amount of money that will break you if they collapse but it could give a little bonus if they recover.

Really? For a £100 investment? Where the minimum transaction costs alone are going to be in the region of £7.50 (the fee for execution-only transactions on The Share Centre) so you'll have to make a whopping 15% return just to break even? And this for a company that the City (where they have a large professional staff who do this for a living) thinks is going down the toilet?

Take your money to the casino instead and plonk it all on red. It'll be about as rewarding, not to mention a fun evening out. And they might provide you with a free drink to boot!


i'm not convinced it's as big a gamble.

I guess both are gambling but i'm not talking small amounts on something that i've a feeling will come back in one form or another.

We just sold a load of shares at 19 pound per share that had slumped to 2 pounds some years ago. Sometimes it's worth a little go.

I wouldn't put any money in I couldn't afford to lose though so yes i guess it's gambling really.


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