GAMESTOP 50% upside
28th may is earnings report.
Company has seen an increase of sales 1500% (due to covid)
Improvements seen from Q4 2019;
709mil to 380m = reduction in liabilities
Debt ratio improved = 0.25 to 0.42
improved CCC. @ 45's = median of historical range.
Share Price to Fair value puts Gamestop @ 76.5% undervalued*
In my own opinion, has the potential to be a good long term investment.
Positive capital restructuring, positive sales outlook (if we're looking at a second wave of COVID + more lock in's - GME has a bored new market)
Can potentially see 100%+ upside in the longer term.
Technicals':
Coming up off a bottom, and creating a bullish Over Under pattern.
Consider buying as close to the mid to high $3's.
Just my thought's,
Resources:
marketwatch.com/story/gamestop-shares-rise-5-on-letter-to-shareholders-2020-05-18
Sales Spike:
businessinsider.com.au/gamestop-sales-spike-during-lockdown-2020-5?r=US&IR=T
Share vs. FV:
simplywall.st/stocks/us/retail/nyse-gme/gamestop?utm_medium=finance_user&utm_campaign=integrated-pitch&utm_source=post&blueprint=1044441
Balance sheet data from TV 'Financials'.
Extras:
marketwatch.com/investing/stock/gme/financials
28th may is earnings report.
Company has seen an increase of sales 1500% (due to covid)
Improvements seen from Q4 2019;
709mil to 380m = reduction in liabilities
Debt ratio improved = 0.25 to 0.42
improved CCC. @ 45's = median of historical range.
Share Price to Fair value puts Gamestop @ 76.5% undervalued*
In my own opinion, has the potential to be a good long term investment.
Positive capital restructuring, positive sales outlook (if we're looking at a second wave of COVID + more lock in's - GME has a bored new market)
Can potentially see 100%+ upside in the longer term.
Technicals':
Coming up off a bottom, and creating a bullish Over Under pattern.
Consider buying as close to the mid to high $3's.
Just my thought's,
Resources:
marketwatch.com/story/gamestop-shares-rise-5-on-letter-to-shareholders-2020-05-18
Sales Spike:
businessinsider.com.au/gamestop-sales-spike-during-lockdown-2020-5?r=US&IR=T
Share vs. FV:
simplywall.st/stocks/us/retail/nyse-gme/gamestop?utm_medium=finance_user&utm_campaign=integrated-pitch&utm_source=post&blueprint=1044441
Balance sheet data from TV 'Financials'.
Extras:
marketwatch.com/investing/stock/gme/financials
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.