6th Aug 2020. 10.04am
![TAKE PROFITS – Codemasters (CDM)](https://regencyresearch.co.uk/wp-content/uploads/2022/07/Codemasters-300x150.png)
Regency View:
TAKE PROFITS – Codemasters (CDM)
![Codemasters (CDM): Close at 373p](https://regencyresearch.co.uk/wp-content/uploads/2022/07/Codemasters-300x150.png)
Regency View:
Codemasters (CDM): Close at 373p
Codemasters has been a star performer in our AIM investor during the last eighteen months.
We snapped up the shares back in February 2019, and through a series of impressive trading updates the shares have more than doubled in value.
There is now a lot of good news baked into Codeamsters current share price and they are trading on a forward earnings multiple of 23. Whilst we remain bullish on the gaming sector, we are going to take profits into Codemasters recent strength and maintain our sector exposure through Frontier Developments.
Gross profit = +109%
Disclaimer:
All content is provided for general information only and should not be construed as any form of advice or personal recommendation. The provision of this content is not regulated by the Financial Conduct Authority.