(1888PressRelease)
April 22, 2009 - Mira, Portugal – SADIF Investment Analytics SA, today announced the release of a new equity research report covering Game Group plc (GMG). The report utilizes SADIF's powerful StockMarks™ stock rating system and is required reading for any current or potential Game Group plc investor.
Report Summary: The UK's largest video game retailer, Game Group plc, issues a trading update on April 22nd. When the company released its Christmas trading information on January 13th, Game Group revealed that it had benefited from the changes in its competitive landscape over the past year, including the opportunities for market share expansion presented by the collapse of retailers such as Woolworths Group. Game Group's total sales rose 16.6% with like for like sales rising 5.4% compared to the 6-week Christmas period in the year earlier. In the UK, the group saw 10% like for like sales growth. However, Game Group's Chairman Peter Lewis remained cautious about 2009, stating in the company's January 13th trading update that he expects economic conditions to deteriorate further, making revenue growth for the group “challenging”.
Game Group stock has performed in-line with the broader FTSE 100 index since April last year, dropping 33% compared to the 34% decline in the index. It remains to be seen whether the positive factors that influenced the company's results over Christmas have continued into the new year. When making long-term investment decisions, we should focus on the company's underlying long-term fundamentals. We can assess Game Group's fundamentals through the use of the StockMarks framework. Game Group currently has an overall long-term investment-attractiveness rating (Total StockMark or SMT) of 75, rating the company above the UK market average. This rating places Game Group second when compared to seven of the company's closest UK-listed peers, selected on the basis of similarity of business, market positioning factors such as size and share comparisons.
The complete report breaks down the Total StockMark into its three components – business, management and price, performing a thorough analysis of Game Group plc for long-term investors.
A summary of the StockMarks™ ratings for Game Group plc is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=GMG&cod_country=110
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com and Thomson Research or directly from SADIF-Investment Analytics SA at:
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=110
About SADIF-Investment Analytics SA:
SADIF-Investment Analytics SA is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.
###
