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2022-03-08

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GameStop’s PS5 restock on 8 March: 5 ASX alternatives to US video game retailer

HighlightsGameStop is scheduled for two PlayStation 5 (PS5) restocks this weekThe first restock even

GameStop’s PS5 restock on 8 March: 5 ASX alternatives to US video game retailer

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The event, which is scheduled for 8 March 2021, is being organised to take fresh orders of the next-gen console. It has been more than a month since the gaming retailer last took orders from customers. GameStop is scheduled to have online stock on 8 March and an in-store restock on 11 March. The restock will only be selling the Digital Edition of PS5. Only members can participate in both restocks.Share prices of GameStop and its fellow meme stock AMC Entertainment Holdings surged massively during the end of last year. However, both stocks are now down over 35% year to date (YTD).On this note, let’s discuss five gaming stocks which can be alternatives to GameStop on the ASX 200:PlaySide Studios Ltd (ASX:PLY)PlaySide is among Australia&#39;s largest independent video game developers. The ASX-listed video game retailer has developed games in collaboration with the world&#39;s largest studios such as The Walt Disney Company, Warner Bros, and Nickelodeon.The stock has risen over 155% in the past year. However, it is done over 23% YTD.In the first half of the financial year 2022, the company’s revenue rose by 87% compared to the corresponding period of the financial year 2021. The company also announced its acquisition of the Dumb Ways to Die franchise for AU$2.25 million.iCandy Interactive Ltd (ASX:ICI)iCandy Interactive develops and publishes mobile games and other digital entertainment products for audiences worldwide.The stock has risen over 13% in the past year. It is down over 10% YTD.The company recently revealed that it was acquiring 60% of Malaysia-based boutique software company, Gameconomy. In 2021, iCandy executed an agreement to acquire Lemon Sky Studios. It also scooped up a 7.78% interest in Mighty Kingdom.Mighty Kingdom Ltd (ASX:MKL)Mighty Kingdom is an independent game developer which operates in the global interactive games market, which includes the mobile, PC and console games segments.The stock has fallen over 53% in the past year. It is down over 18% YTD.The video game developer recently launched its first PC and console game, Conan Chop Chop. The game was developed in partnership with Tencent subsidiary, Funcom Oslo.Aristocrat Leisure Ltd (ASX:ALL)Aristocrat Leisure is engaged in the development, assembly, sale, distribution, and servicing of games and systems. The company also has a growing digital business with a portfolio of hugely popular mobile games such as RAID: Shadow Legends.The stock has risen nearly 7% in the past year. It is down over 24% YTD.In FY21, the company’s normalised profit after tax and before amortisation of acquired intangibles (or NPATA) rose by 81% in reported terms, and 102% in constant currency, compared to the prior corresponding period. Revenue was up 14% in reported terms and 25% in constant currency.Tabcorp Holdings Ltd (ASX:TAH)Tabcorp Holdings is widely engaged in gambling and entertainment services. The Company’s operations are widespread across three segments: Wagering and Media, Keno and Gaming Services.The stock has risen over 7% in the past year. It is down nearly 6% YTD.In 1HFY22, Lotteries and Keno revenue rose by 10.9% on the prior corresponding period, while earnings before interest, tax, depreciation and ammortisation (EBITDA) grew 15.1%. It was a record result for Tabcorp. Saturday Lotto turnover rose 16%, while Keno revenue fell 9.8%.</body></html>","source":"lsy1646275813645","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop’s PS5 restock on 8 March: 5 ASX alternatives to US video game retailer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop’s PS5 restock on 8 March: 5 ASX alternatives to US video game retailer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 15:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://kalkinemedia.com/au/stocks/consumer/gamestops-ps5-restock-on-8-march-5-asx-alternatives-to-the-us-video-game-retailer>Kalkine Media</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nHighlightsGameStop is scheduled for two PlayStation 5 (PS5) restocks this weekThe first restock event will happen on 8 March.Only members can participate in both restocks.US video game retailer ...\n\n<a href=\"https://kalkinemedia.com/au/stocks/consumer/gamestops-ps5-restock-on-8-march-5-asx-alternatives-to-the-us-video-game-retailer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALL.AU":"ARISTOCRAT LEISURE LTD","MKL.AU":"MIGHTY KINGDOM LTD/AU","ICI.AU":"ICANDY INTERACTIVE LTD","TAH.AU":"TABCORP HOLDINGS LTD","PLY.AU":"PLAYSIDE STUDIOS LTD"},"source_url":"https://kalkinemedia.com/au/stocks/consumer/gamestops-ps5-restock-on-8-march-5-asx-alternatives-to-the-us-video-game-retailer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157743126","content_text":"HighlightsGameStop is scheduled for two PlayStation 5 (PS5) restocks this weekThe first restock event will happen on 8 March.Only members can participate in both restocks.US video game retailer GameStop is in news this week ahead of its next PlayStation 5 (PS5) restock. The event, which is scheduled for 8 March 2021, is being organised to take fresh orders of the next-gen console. It has been more than a month since the gaming retailer last took orders from customers. GameStop is scheduled to have online stock on 8 March and an in-store restock on 11 March. The restock will only be selling the Digital Edition of PS5. Only members can participate in both restocks.Share prices of GameStop and its fellow meme stock AMC Entertainment Holdings surged massively during the end of last year. However, both stocks are now down over 35% year to date (YTD).On this note, let’s discuss five gaming stocks which can be alternatives to GameStop on the ASX 200:PlaySide Studios Ltd (ASX:PLY)PlaySide is among Australia's largest independent video game developers. The ASX-listed video game retailer has developed games in collaboration with the world's largest studios such as The Walt Disney Company, Warner Bros, and Nickelodeon.The stock has risen over 155% in the past year. However, it is done over 23% YTD.In the first half of the financial year 2022, the company’s revenue rose by 87% compared to the corresponding period of the financial year 2021. The company also announced its acquisition of the Dumb Ways to Die franchise for AU$2.25 million.iCandy Interactive Ltd (ASX:ICI)iCandy Interactive develops and publishes mobile games and other digital entertainment products for audiences worldwide.The stock has risen over 13% in the past year. It is down over 10% YTD.The company recently revealed that it was acquiring 60% of Malaysia-based boutique software company, Gameconomy. In 2021, iCandy executed an agreement to acquire Lemon Sky Studios. It also scooped up a 7.78% interest in Mighty Kingdom.Mighty Kingdom Ltd (ASX:MKL)Mighty Kingdom is an independent game developer which operates in the global interactive games market, which includes the mobile, PC and console games segments.The stock has fallen over 53% in the past year. It is down over 18% YTD.The video game developer recently launched its first PC and console game, Conan Chop Chop. The game was developed in partnership with Tencent subsidiary, Funcom Oslo.Aristocrat Leisure Ltd (ASX:ALL)Aristocrat Leisure is engaged in the development, assembly, sale, distribution, and servicing of games and systems. The company also has a growing digital business with a portfolio of hugely popular mobile games such as RAID: Shadow Legends.The stock has risen nearly 7% in the past year. It is down over 24% YTD.In FY21, the company’s normalised profit after tax and before amortisation of acquired intangibles (or NPATA) rose by 81% in reported terms, and 102% in constant currency, compared to the prior corresponding period. Revenue was up 14% in reported terms and 25% in constant currency.Tabcorp Holdings Ltd (ASX:TAH)Tabcorp Holdings is widely engaged in gambling and entertainment services. The Company’s operations are widespread across three segments: Wagering and Media, Keno and Gaming Services.The stock has risen over 7% in the past year. It is down nearly 6% YTD.In 1HFY22, Lotteries and Keno revenue rose by 10.9% on the prior corresponding period, while earnings before interest, tax, depreciation and ammortisation (EBITDA) grew 15.1%. It was a record result for Tabcorp. 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