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Spin Master Corp T.TOY

Alternate Symbol(s):  SNMSF

Spin Master Corp. is a Canada-based children’s entertainment company. It is engaged in creating play experiences through its three creative centers: Toys, Entertainment and Digital Games. It has a distribution in over 100 countries. Its brands include PAW Patrol, Bakugan, Kinetic Sand, Air Hogs, Melissa & Doug, Hatchimals, Rubik's Cube and GUND. Its products include preschool, infant & toddler and plush; activities, games & puzzles and dolls & interactive; wheels & action, and outdoor. It creates and produces multiplatform content, through its in-house studio and partnerships with outside creators, including the preschool franchise PAW Patrol and numerous other original shows, short-form series and feature films. It has a presence in digital games, anchored by the Toca Boca and Sago Mini brands, offering open-ended and creative games and educational play in digital environments. Through Spin Master Ventures, it makes minority investments globally in emerging companies and start-ups.


TSX:TOY - Post by User

Bullboard Posts
Comment by eljoroon Sep 30, 2017 11:15am
103 Views
Post# 26762364

RE:RE:Took profits today

RE:RE:Took profits todayPossibly, retired, very possibly.

But I sold last year into the strong season before reports of Hatchimal defects drove the share price down unfairly, after which I bought back in. I've nade over 50% return on this company alone when you add the two buy and sells together in about a year. I'm satisfied and can live with missing out on further gains.

This time I may be pre-emptive but the money owed by Toys R Us is substantial, and if for some reason they default on the 22million owed to Spin Master then the stock price will get hit. 

Line-wise I think TOY has the best potential for another major christmas (at least 3 toys could be toy of the year) but this market is starting get frothy and I intend to take advantage of some November deals I think are coming.

Best to you, as always.
El Joro
Bullboard Posts