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ChasingTheMoon
20 Mei 2020 pukul 04.31

GME 50% upside Pembelian

GameStop CorporationNYSE

Deskripsi

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
Komentar
scheplick
Nice job here
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