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Ubisoft shares plunge another 20% after Assassin’s Creed Shadows delay
intbal
Member
Don't forget the Inclusion.
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Brock2621
Member
Get rid our your launcher, quit making your female protagonists ugly AF so they can’t be “sexualized,” and (…checks notes…) oh yeah, make an assassins creed game first and foremost instead of scouring history books to find the one black guy in order to be diverse as the primary goal.
Cyberpunkd
Member
What for? He is going to release all the games on PS and PC anyway.
Laptop1991
Member
Oh dear, what a shame, anyway!.
Cert.in.Death
Member
Randall365
Member
Good time to invest or nah
Like catching a falling knife!
The modern audience letting them down
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firegamer273
Member
is anyone here buying the dip ? XD
Go_Ly_Dow
Member
Got my eye on the dog.
£3-5k and looking for 20-30% is what I'm thinking. Just trying to guess what the bottom will be.
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Trogdor1123
Member
I was kind of thinking this too… hmmmm
abstract alien
Member
This is what my main concern is at the moment...
Sentenza
Member
Bit of a risk at the moment because their current situation is bad enough that they could ACTUALLY go down for good.Good time to invest or nah
If AC Shadows is going to underperform they'll be genuinely in a bad spot.
Go_Ly_Dow
Member
Yes agreed. I'm only looking for a quick flip by catching a bottom and selling into a small recovery.
The sentiment around Shadows isn't great and it could easily flop and they're in a bigger tight spot.
They need other projects to excite the market and it seems like they haven't got anything else major coming or TBA?
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killatopak
Gold Member
I don't think they can. They had some kinds of agreement during the activision thing where ubi is off limits iirc.
ChorizoPicozo
Gold Member
sloppyjoe_gamer
Gold Member
Protag needs blue hair and pronouns
Sentenza
Member
They don't because (in case people forgot) they had a couple of missteps in the last three-four years so they announced a couple of years ago that they were going to double down on betting the entire farm on the Assassin's Creed franchise and ignore any other secondary project.
Basically, if this one doesn't land on its feet they are genuinely fucked for the foreseeable future.
StreetsofBeige
Gold Member
Wow.
As a reminder, UBI stock was at 108 Euros in 2018, then 85 in 2021. It's now about 9 and change. It bottomed at 9.01. So youre talking about a stock that has dropped around 90%. lol
One thing's for sure. If you dont like procrastination, never hire the UBI founders. They'll wait till the last minute to do anything. And by that time it's too late.
Yves: "Hmmmm, the mechanic said the engine is fucked and I need to pay $10,000 to replace it. I wonder why"
Buddy: "Hey Yves, did you ever change the oil? Youve had the car for 3 years. Youre supposed to change it every 10,000 km"
Yves: "Ya I was going to get around to it. But I was just going to wait till 50,000 km"
As a reminder, UBI stock was at 108 Euros in 2018, then 85 in 2021. It's now about 9 and change. It bottomed at 9.01. So youre talking about a stock that has dropped around 90%. lol
One thing's for sure. If you dont like procrastination, never hire the UBI founders. They'll wait till the last minute to do anything. And by that time it's too late.
Yves: "Hmmmm, the mechanic said the engine is fucked and I need to pay $10,000 to replace it. I wonder why"
Buddy: "Hey Yves, did you ever change the oil? Youve had the car for 3 years. Youre supposed to change it every 10,000 km"
Yves: "Ya I was going to get around to it. But I was just going to wait till 50,000 km"
U n i o n 0015
Member
If they can clean house, absolutely. They have the resources to turn it around, whether they can change the corporate culture is another.
Gamer_By_Proxy
Member
Might be a good time to buy their stock tbh. It's gotta go up or pay out when they go private right?
Plus maybe they have learned their lesson and are really going to polish these titles.
Plus maybe they have learned their lesson and are really going to polish these titles.
PrimetimeKnight
Member
Plague Doctor
Member
WOW Ubisoft is now a must buy.........................................
.... for Sony or Microsoft.
Plot Twist:
Nintendo.
David Lynchian Plot Twist!
.... for Sony or Microsoft.
Plot Twist:
Nintendo.
David Lynchian Plot Twist!
Sega or Chick-fil-A
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Go_Ly_Dow
Member
Will see if it goes to 6-7 Euros then. Still too risky here for me considering Ass Creed isn't look promising for them.
StreetsofBeige
Gold Member
It might be a good buy.
The company still makes money. Theyve taken their lumps but assuming going forward their profitability returns to normal (this quarter and next quarter will be gimped due to Outlaws and AC delay), it's a got a low PE. Just return back to normal and grow sales and profits slowly and I dont think it can get much lower than 9 bucks.
StereoVsn
Member
I am thinking we will see another 20-25% drop potential. So €6-7?
StereoVsn
Member
I mean the people responsible are still running the company. Yves is still there. That’s the biggest issue, they can’t clean up because the largest shareholders are the people that need to be booted.
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Bombolone
Gold Member
I might by a share or two
Lord Panda
The Sea is Always Right
As I said in the other thread, almost a good time to buy because it will probably rocket when news breaks of an inevitable takeover.
Disclaimer: I’m just a panda on a gaming forum. Please take any investment advice at your own risk, and for the best results, consult a qualified finance professional.
Disclaimer: I’m just a panda on a gaming forum. Please take any investment advice at your own risk, and for the best results, consult a qualified finance professional.
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Go_Ly_Dow
Member
Very hard to predict how low a falling knife will go (even though trading is my profession!). But at the 6-8 euro mark personally I'd be more comfortable holding it. Not advice though. Ubisoft is in a bind and they need a win and much better sentiment amongst the gaming community. Until then only a takeover will save them and investors.
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Bombolone
Gold Member
Interesting. I think Ubi knows what they must do, but I don’t know if they are strong enough.
I wish Ubi and the western game makers would just rip the bandaid off.
As shown time and time again if you stand up to the bullies they have no real teeth. The wider market will make up for the pennies you lose from the modern audience. Cancel culture is over.
Someone is going to have to go first and give us a game with a male or “attractive” female character. Someone has to be the first to take that hit towards the inevitable shift.
Trust me Ubi, it will only sting for a fraction of a second. You can wipe the ow-y with a $100 bill.
(Stock price looks tempting. Please don’t leave me holding the bag Ubi)
I wish Ubi and the western game makers would just rip the bandaid off.
As shown time and time again if you stand up to the bullies they have no real teeth. The wider market will make up for the pennies you lose from the modern audience. Cancel culture is over.
Someone is going to have to go first and give us a game with a male or “attractive” female character. Someone has to be the first to take that hit towards the inevitable shift.
Trust me Ubi, it will only sting for a fraction of a second. You can wipe the ow-y with a $100 bill.
(Stock price looks tempting. Please don’t leave me holding the bag Ubi)
DeepEnigma
Gold Member
That would break the CMA agreement.
StreetsofBeige
Gold Member
The sad thing is western studios with deep pockets have the quanity of manpower, tech, and production values. Ya, I know not everyone like realistic looking games or huge sprawling open world games etc.... But to many people (like me) I like that focus by western devs. Japanese devs dont strive for that art style or depth that much.
Problem is western devs have often skewed to politics, dumb shit, and loose cannon employees going on Twitter when they got the resources to make awesome games if they just focus on fun and keep their mouths shut.
It's like a sports team with huge pockets, great stadium, big market of fans, lots of employees at head office, latest greatest tech and training room etc.... but the players and coaches and management fuck it all up.
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Cyberpunkd
Member
blastprocessor
The Amiga Brotherhood
Wonder if it might be worth taking a punt at $5 ?