CD Projekt Red - CDR

(sam) #1

Google Finance


I’d love to see CD Projekt Red stocks available, they are a game company who made Witcher 3 and are planning to release a game called Cyberpunk 2077 which will be insane, I’m sure the price of their stocks will see some crazy gains, please add it!

0 Likes

Introducing the Stock Requests category :chart_with_upwards_trend:
(Vladislav Kozub) #2

Never even realised they are being traded! The fact they managed tenfold their share price since the release of Witcher 3 is astonishing :scream:

That said, their P/E is 190 and they need to go above and beyond in the future years to justify that. Ultra-success of Cyberpunk 2077 is probably already priced in and the likely direction is only down if it will be anywhere beneath the expectations.

1 Like

(David Kent) #3

I personally really like publishers. I ended up buying Activition Blizzard after I was spending so much on the kids WoW subscription that I figured I might as well get something back for it.

Turned out to be the smart move back then!

I’d love to see more publishers, Ubisoft is a touch annoying as they are based in France which means additional fee for non-French investors.

0 Likes

(Dave Smith) #4

I’ve heard GOG.com is struggling a bit, that might be a bit of a drain on their share price.

They do have one of the best reputations for quality in gaming though

0 Likes

(David Kent) #5

GOG, GreenmanGaming, Steam, Epic, Origin, Uplay, BattleNet, and many more. The digital gaming platforms are growing like the streaming services. Everyone wants to be like Netflix and they are bringing their own properties back inhouse. Just like Disney saying they will have their own service is how we ended up with Origin and Uplay.

I’m not sure this is a great market to be in unless you are offering something unique or special about your platform. Epic throwing money for exclusives is anti-consumer and will only fragment the area more. We saw CDR try and release only on GOG and they changed their stance fairly quickly on that.

I like the publishing arm but the GOG aspect is a drain on their focus in my mind. Also M&A with these platforms isn’t common, so I have no idea what they are going to do with it. Currently feels like their black sheep right now.

1 Like

(Dave Smith) #6

Epic must be spending a fortune on these exclusives, I get that they are trying to grab market share but I’m not sure how sustainable it is. And reduced choice is a bad thing for consumers

1 Like

(David Kent) #7

Epic is offering a lot of discounts to bring games onto their platform, which is very attractive but then again they don’t have the audience so it’s less interesting. I’d happily give away an extra 8% of my sales if you get me access to 100x more sales!

But the timed exclusives I believe are paid for to bring these games onto the platform so they can get the audience. We’ll have to see how deep the pockets are and if this tactic pays off. I have no desire to see more Uber marketing strategies in the world!

0 Likes