Keywords Studios (#KWS) – notes strong H1, expects some moderation in H2
- 2022-08-03 07:33:42
Hello Share Bunnies. It’s been some weeks since I commended Keywords Studios (KWS) to you. This is a company that produces work for big players in the armchair gaming game. Well, its latest full year figures are now out.
Hello Share Takers. We live in a more scary world by the day, with war in Europe, Covid cases, the increasing cost of living and inflation. And what do many people do in nervy conditions? They stay inside more, knowing the Briton's home is their castle. That's why indoor gaming is growing by the day. And you'll know it's already a massive industry. The latest figure I have is £61 billion a year. And that's more than the cinema and the music game combined.
Hello Share Players. Currently one of the best sectors for a rising share price is armchair gaming. Keywords Studios (KWS) is an enterprise that supplies the gaming industry with digital services. So you'd expect it to be doing rather well as Covid has kept more folks at home. And that’s the case, with the firm announcing numbers better than expected.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Hello Share Peekers. It still pays to search out companies which are likely to do well out of the covid restrictions. When you can't go out as easily or mix with other people, a solitary pastime you can do from home seems ideal. One such company which fits the bill is Keywords Studios (KWS). This is a company which develops games for X-boxes, Playstations and the like. You'll have heard the stories that home gaming has, amazingly, taken over as the biggest money spinner over all kinds of entertainment media, including films...