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Ubisoft shares plunge another 20% after Assassin’s Creed Shadows delay
ChorizoPicozo
Member
Usually I would say yes, but, it todays world, some of these companies have shown the propensity to go down with the messege.Good time to invest or nah
UBI is trying desperately to control the narrative, but the best they can hope for at this point, is that another gaming company takes the headlines for something even dumber.
My guess, is that they have positioned themselves, in the biggest market, to be after the elections, and January, so that people who are exhausted with politics, want to escape reality for a bit. Everything will be about that for a few months, hopefully allowing the heat to die down.
I'm relatively certain that there is very little wrong with the game, this is all about timing for them.
RetroGamingUK
Member
RIP shite company
They should sell their IP so someone can do something with Rayman.
They should sell their IP so someone can do something with Rayman.
Bry0
Member
Dude I had the gold edition on Greenman, now they are canceling the season pass it came with and giving out the first expansion for free to pre orders. I have no idea if I’m even getting refunded because I already redeemed the game through their account link. I have an open support ticket but haven’t heard anything yet. Basically paid an extra 30 bucks for nothing as of right now.
Yes I deserve it.
Yes I deserve it.
SmokedMeat
Gamer™
I don’t want Ubi going anywhere, but correcting course is what they need to do - and seem to be doing.
Now drop the bullshit and get back to creating the games that we fell in love with decades ago. Any team members that don’t like that can be shown the door.
Now drop the bullshit and get back to creating the games that we fell in love with decades ago. Any team members that don’t like that can be shown the door.
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ChuckeRearmed
Member
Add to that this
www.stjv.fr
And Ubisoft is going to suffer more.
I do find it funny seeing
Call for strike for all French Ubisoft entities on October 15, 16 and 17, 2024 – STJV
Management just announced its decision to impose a return to offices for 3 days per week for all employees. This announcement was made without any tangible just
www.stjv.fr
And Ubisoft is going to suffer more.
I do find it funny seeing
and ubisoft. I guess Ubisoft workers truly believe they are doing effective job
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Bluecondor
Member
Another (albeit smaller) factor that contributed to this is that Massive had promised a new free-to-play entry in The Division franchise, Division: Heartland, which was supposed to be released in 2024. They announced over the summer that it was being completely canceled.
You can't blame shareholders for holding Ubi executives accountable for these significant missteps with Outlaws, AC and The Division.
You can't blame shareholders for holding Ubi executives accountable for these significant missteps with Outlaws, AC and The Division.
StereoVsn
Gold Member
Seriously, stop preordering. If you really want to play this Day 1, Ubi+ is $18/month.Dude I had the gold edition on Greenman, now they are canceling the season pass it came with and giving out the first expansion for free to pre orders. I have no idea if I’m even getting refunded because I already redeemed the game through their account link. I have an open support ticket but haven’t heard anything yet. Basically paid an extra 30 bucks for nothing as of right now.
Yes I deserve it.
StereoVsn
Gold Member
Ok, that’s a nothing burger though. Devs have to come in 3 days a week to the office? The Horror!Add to that this
Call for strike for all French Ubisoft entities on October 15, 16 and 17, 2024 – STJV
Management just announced its decision to impose a return to offices for 3 days per week for all employees. This announcement was made without any tangible just
And Ubisoft is going to suffer more.
I do find it funny seeing
and ubisoft. I guess Ubisoft workers truly believe they are doing effective job
The stock might be undervalued by now. They have pretty high end tech/graphics and good IP. Unlike other companies, they really are able to pump games out.
With some changes to strategy and leadership, could be a beast. Could also be a buy out target which is always a boon for shareholders.
Buy low sell high on Ubi?
With some changes to strategy and leadership, could be a beast. Could also be a buy out target which is always a boon for shareholders.
Buy low sell high on Ubi?
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PeteBull
Member
Give it few more months and avg american teenager can, with his pocketmoney =D
ChuckeRearmed
Member
I think companies will start using contractors more - if your own workers will go on strike over some basic stuff, what's their point? Ubisoft is already barely profitable as is.
Bombolone
Gold Member
Gaming CEOs are some of the weirdest bunch I know.
In other industries it’s profit, always climbing, always more. Ruthless.
They want 2 yachts, another cottage.
Are Gaming CEOs the only breed of the bunch that are happy with a $7 share price as long as they are allies to the message? Weird behaviour.
DeepEnigma
Gold Member
Phil:
Bry0
Member
I just got an email from green man gaming that I’m getting a full refund, thank god. You are absolutely right, I could do that instead. Good suggestion.
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Bombolone
Gold Member
Ubi was in such a good position to take risks and make great games with the juggernaut AC keeping things gravy. Comforts indeed. Such a fuking shame.
Kurotri
Member
Ubisoft Investor Says It Has Support Of 10% Shareholders For Sale
An Ubisoft investor is claiming it has support of at least 10% of the shareholders as it looks to force a sale and/or executive changes.
insider-gaming.com
Some more news, the AJ investor that demanded for change claims that they have support of 10% of all shareholders
Go_Ly_Dow
Member
They have the full support of my 619 shares. WE DEMAND CHANGE WE'VE HAD ENOUGH!Ubisoft Investor Says It Has Support Of 10% Shareholders For Sale
An Ubisoft investor is claiming it has support of at least 10% of the shareholders as it looks to force a sale and/or executive changes.
Some more news, the AJ investor that demanded for change claims that they have support of 10% of all shareholders
Oberstein
Member
A STRIKE at Ubisoft is scheduled to take place in France on October 15, 16 and 17.
When you look at the union banner, it's immediately clear. These people are no longer developers, they're activists.
When you look at the union banner, it's immediately clear. These people are no longer developers, they're activists.
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kruis
Exposing the sinister cartel of retailers who allow companies to pay for advertising space.
Fucking idiots. Complaining about having to go back to the Ubisoft office three times a week when their employer is going through the biggest crisis in its existence.
What's going to happen is Ubisoft management is going to look at every game that's in development and see if it makes financial sense to continue that investment, they'll be looking at the enormous number of people working for them and fire everyone who's not essential. That's the only way to cut down on expenses and at the same make the shareholders happy and raise the stock price.
Go_Ly_Dow
Member
Get back to work you lazy shits and make me profit.A STRIKE at Ubisoft is scheduled to take place in France on October 15, 16 and 17.
When you look at the union banner, it's immediately clear. These people are no longer developers, they're activists.
Plague Doctor
Member
Do you ever get the impression some devs and journalists come across like that 29 year old living at their parent's home still and throw a fit when said parents ask them to pay their own car insurance?
StereoVsn
Gold Member
I do wonder if this was a way for them to do layoffs without announcing them as such. Timing seems suspicious.
Man this ad or whatever the fuck it was pissed me off when it came out.
StereoVsn
Gold Member
It is kind of a dumb move by Ubisoft, but hey, their Premium edition is $18 for a month, you should be able to get your fill of their next game or two for that.
I am going to jump on the stock if it hits €7 I am thinking. Let’s go Stonks!Ubisoft Investor Says It Has Support Of 10% Shareholders For Sale
An Ubisoft investor is claiming it has support of at least 10% of the shareholders as it looks to force a sale and/or executive changes.
Some more news, the AJ investor that demanded for change claims that they have support of 10% of all shareholders
mayham2199
Member
I'm honestly surprised they made it this long. When Valhalla came out and got really good sales I thought damn maybe they can just coast off that series\formula but I guess not.
Go_Ly_Dow
Member
Bounced this afternoon and got fomo so I bought. BUT could easily fall further from here.It is kind of a dumb move by Ubisoft, but hey, their Premium edition is $18 for a month, you should be able to get your fill of their next game or two for that.
I am going to jump on the stock if it hits €7 I am thinking. Let’s go Stonks!
But I'm prepared to hold for a takeover attempt.
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StreetsofBeige
Gold Member
Not just CEOs. Normal employees too care about success.
All we care about is the company doing great, so we keep our jobs, the company is successful and if things come together we get good bonuses. Its really no different than CEOs, but just many notches down the ladder in terms of compensation.
My company makes some eco-friendly products. They sell like shit. Among the worst selling products in any product line that has eco stuff. There is a small market for sales for it. The mainstream revenue comes from the mainstream products people buy.
No sane person would say..... "Hey let's all be tree huggers and just focus on the eco stuff with the green labels. Lets try to turn this 5% of sales segment into 100% of our company's sales for the sake of the environment". Our company and any other peer company would sink like a rock. The only companies that would do fine are ones that specialize in being green from the get go where their entire line up is eco.
But a game studio would do that. And even crazier is game companies have few products. Most studios just make one game at a time. So to put all eggs into a political basket is odd as hell. At least with large companies with 1,000s of products, we can afford to goof around with niche products where some do well and some fail since 80% of our business are steady sellers.
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Cyberpunkd
Gold Member
What activists? This is France, nobody gave a shit here about getting back to work, most people were happy.A STRIKE at Ubisoft is scheduled to take place in France on October 15, 16 and 17.
When you look at the union banner, it's immediately clear. These people are no longer developers, they're activists.
Complistic
Member
Ubisoft, LOL 
x22
x22
Bitstream
Member
Thank god for the Country Music Awards for having the strength to step in when the FTC lacks the courage
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DragonNCM
Member
Nah....he is not "THAT" dumb.....or is he ?
StereoVsn
Gold Member
It’s certainly not a bad move. I can easily see this jump 30-40% if they get a solid takeover offer.Bounced this afternoon and got fomo so I bought. BUT could easily fall further from here.
DeepEnigma
Gold Member
Go_Ly_Dow
Member
Hard to say what fair value is. Activison sold for $75bil. (obviously has bigger IPs and, profits and the price was inflated in reflection).
Ubisoft is currently priced at $1.43bil. I get the feeling even if they received an offer for lets say $3bil the Guillemot family would turn it down. But that's over a 100% premium to the current share price.
So it's an interesting situation developing. If someone wants to snap them up then now is the time to make your move.
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StereoVsn
Gold Member
Alright, let’s put together GoFund me page, I am in!
On a more serious note I am super tempted to buy whole bunch of shares on leverage. Thankfully I am not dumb enough to do it!
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RagnarokIV
Battlebus imprisoning me \m/ >.< \m/
How much cash you guys gonna spend on shares?
Fake
Member
Dude I had the gold edition on Greenman, now they are canceling the season pass it came with and giving out the first expansion for free to pre orders. I have no idea if I’m even getting refunded because I already redeemed the game through their account link. I have an open support ticket but haven’t heard anything yet. Basically paid an extra 30 bucks for nothing as of right now.
Yes I deserve it.
Yes, you deserve it.
You should buy on a dip, not a companies destruction.
Go_Ly_Dow
Member
No more than I have. I've invested an amount I can afford to lose in the worst case. And also an amount I am prepared to hold through any dips and long term.
We on GAF and in these circles know the sentiment around the company is poor and their IPs are underperforming. So it's good to be cautious.
Evil Smurf King
Member
A STRIKE at Ubisoft is scheduled to take place in France on October 15, 16 and 17.
When you look at the union banner, it's immediately clear. These people are no longer developers, they're activists.
StreetsofBeige
Gold Member
Stock closed at 9.89 Euros. It had bottomed to 9.01 but rebounded. It was down 13%.
The last time it was this low was 2013 eyeballing the charts.
The last time it was this low was 2013 eyeballing the charts.
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