FlatFX Posted June 28, 2017 Share Posted June 28, 2017 Shocking Nothing there to shock me. They are not buying EA Just waiting for RDR2. They sell more than 20 M copies stock is going to double down and I will sell at $150. Selling less and will be in the expected range of 10-15M stock will be around 100 with less potential going upside in short term BLOOD 1 Link to comment Share on other sites More sharing options...
FlatFX Posted July 6, 2017 Share Posted July 6, 2017 there is an interesting news that Vivendi talks about their plans of taking over Ubisoft. They do mention that if things get to complicated they have alternatives. Taking into consideration that there are not too many mid size gaming companies on the stock market Take Two could be another target. BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted July 8, 2017 Author Share Posted July 8, 2017 (edited) there is an interesting news that Vivendi talks about their plans of taking over Ubisoft. They do mention that if things get to complicated they have alternatives. Taking into consideration that there are not too many mid size gaming companies on the stock market Take Two could be another target. Take-Two wants to be a buyer not a seller (I think) even though it smaller than Activision, and EA. I think at $8 Billion coupled with $3 Billion in Total assets they are really expensive plus not that big revenue-wise compared to rivals. Zynga at $3 Billion is snackable . Anyway Here another price-target:https://www.google.ie/amp/s/sportsperspectives.com/2017/07/08/take-two-interactive-software-inc-ttwo-price-target-increased-to-83-00-by-analysts-at-piper-jaffray-companies-updated-updated-updated.html/amp Edit: Good to be back on the Forums Edited July 8, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted July 11, 2017 Share Posted July 11, 2017 thing is the stock market is in a waiting position. Janet is reporting to congress again. Trump (idiot) brings up new affairs every second day.... just a comment: this is the worst president for the US since Nixon. there is too much political trouble which will prevent stocks from growing in the next few weeks / months. Next catalyst is Q1 earnings with potential of hitting 80$ again. Then there will be RDR news release which will set path for further growth. with Launch of RDR2 we could reach the 100$ and then it all depends on the sales. Huge success >150$ otherwise we stay at $80-100 BLOOD 1 Link to comment Share on other sites More sharing options...
Jabalous Posted July 11, 2017 Share Posted July 11, 2017 (edited) Even with the volatility that the market has been seeing in the past few weeks, especially in the tech sector, TTWO has been standing strong with a support at around $71 as it has tested this price several times and bounced up without closing lower. I've not been long into the market yet to see if this is completely or partially true, but it's said that the stock market usually goes steady during Summer (July - October). RDR2 news will indeed move the stock higher and it's no joke that the stock fell 9% post-market when the delay was announced. How do you all think August's earning report will play? Another estimates beat? Like probably other investors, I'm a bit cautious about it since the guidance will be lower for the remaining of FY2018. My understanding is that with lower guidance comes a probable fall in stock price. With GTAO starting to moderate in sales, and Zelnick actually pointed that out, I remain uncertain about it. But then again, could he be trying to set the bar lower only to surprise investors later? Edited July 11, 2017 by Jabalous Link to comment Share on other sites More sharing options...
FlatFX Posted July 11, 2017 Share Posted July 11, 2017 (edited) Q1 will be a key for the stock for the rest of the year because it will proove Take Two's business strategy. No major releases and just income from portfolio (mostly GTA Online) and mobile gaming (Social Point) Take Two's forecast 269 - 295M My forecast based on portfolio calculation: 261M Ive been lower the past quarters as well underestimating the power of GTA. Looking at the current player numbers of GTA V on PC, numbers are actually growing. This curve should be even higher on console. Also GTA was on rank 1-3 a long time on Amazon world wide during Q1. Especially this fact is a big thing. New players playing GTA Online are confronted with hundreds of DLCs and expensive stuff to buy. So they buy Shark Cards rather than long term players. So what do I expect? Probably due to GTA and Social Point they are going to blast away Q1 forecast and end up at top range of 295-330M I dont see any signs right now why they should miss. + the release of WWE 2K18 on Nintendo Switch is actually a good thing. With ~5M Switch on the market and not many games, this can easily sell 1-2M units if it has good ratings. Makes >100M in revenue. Edited July 12, 2017 by FlatFX BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted July 12, 2017 Author Share Posted July 12, 2017 (edited) Take-Two at $150.00 will be Insanity! A valuation of near $20 Billion for a company that smaller in revenue and profit than rivals Activision and EA. Interestingly Take-Two is the only publicly-traded game company in New York while Activision, EA, Zynga are all based in California. ZeniMax in Maryland is closer to Take-Two so an acquisition will make sense location-wise as well. Edit: Social Point is "Zynga of Europe" and if their next mobile game is as successful as Clash Royale (they making a game influenced by it but with Dragons) then Take-Two could jump higher next year. Dragon City and Monster Legends are still making money and they can monetize those two alongside Dragon Land and World Chef on other platforms. Edited July 12, 2017 by BLOOD Link to comment Share on other sites More sharing options...
FlatFX Posted July 12, 2017 Share Posted July 12, 2017 (edited) I think Social Point is aiming at some new stuff. They are making decent money but nothing chunky big enough to call it a smash hit. With 3 billion in revenue next FY $150 could be undervalued. After RDR2 release they should be able to monetize on both GTA and RDR for long term pushing their average revenue to 2,5B per FY. While waiting for GTA 6 we will have Bioshock, Borderlands 3, Bully2, plus a lot more which will support steady sales and engagement of those titles As soon as RDR2 sells >20m copies 150$ for the stock is not enough anymore Edited July 12, 2017 by FlatFX BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted July 12, 2017 Author Share Posted July 12, 2017 I think Social Point is aiming at some new stuff. They are making decent money but nothing chunky big enough to call it a smash hit. With 3 billion in revenue next FY $150 could be undervalued. After RDR2 release they should be able to monetize on both GTA and RDR for long term pushing their average revenue to 2,5B per FY. While waiting for GTA 6 we will have Bioshock, Borderlands 3, Bully2, plus a lot more which will support steady sales and engagement of those titles As soon as RDR2 sells >20m copies 150$ for the stock is not enough anymore I agree on $150.00 being undervalued and everything else you said however I think Social Point making $20 million in profit on revenue of $100 million in FY16 is incredible for a company that not as big as Supercell or King. And if they keep growing their revenue I think Social Point could become another major growth story for Take-Two going forward. Link to comment Share on other sites More sharing options...
FlatFX Posted July 13, 2017 Share Posted July 13, 2017 unfortunately we still have to wait >9 month to find out ;D I want it now! Link to comment Share on other sites More sharing options...
BLOOD Posted July 13, 2017 Author Share Posted July 13, 2017 unfortunately we still have to wait >9 month to find out ;D I want it now! True that Link to comment Share on other sites More sharing options...
BLOOD Posted July 24, 2017 Author Share Posted July 24, 2017 http://www.gamesindustry.biz/articles/2017-07-21-take-two-ideally-we-will-have-at-least-one-triple-a-title-every-year Jabalous 1 Link to comment Share on other sites More sharing options...
FlatFX Posted July 25, 2017 Share Posted July 25, 2017 (edited) Good interview but there is too much in the dark. T2 just keeps super silent about everything. So first prediction comes:true: stock near all time high. EA will set the pace this week for pre growth of T2 earnings release And then next week there will be the decision if we see the 100$ around Christmas or stay at 80$ till RDR2 EA for me looks a little bit like being left behind. Activision is making the big calls and spreading out to be an entertainment company for gaming, toys, tv..... T2 is betting on mobile and huge blockbuster releases. EA mhhh acts way to conservative for their market position Edited July 25, 2017 by FlatFX Link to comment Share on other sites More sharing options...
Jabalous Posted July 25, 2017 Share Posted July 25, 2017 (edited) The stock of T2 has made a new all time high today up to $81.13 and the traded volume is huge, double the average of the last 30 days. This is happening on no news other than the conference call next week. Edited July 25, 2017 by Jabalous BLOOD 1 Link to comment Share on other sites More sharing options...
FlatFX Posted July 25, 2017 Share Posted July 25, 2017 Plus the interview because he uses the words: Mobile, Asia and yearly triple A titles = $$$$ BLOOD 1 Link to comment Share on other sites More sharing options...
Rucke Posted July 26, 2017 Share Posted July 26, 2017 http://www.gamesindustry.biz/articles/2017-07-21-take-two-ideally-we-will-have-at-least-one-triple-a-title-every-year Does anybody know why Christoph Hartmann stepped down as President of 2K? Link to comment Share on other sites More sharing options...
BLOOD Posted July 27, 2017 Author Share Posted July 27, 2017 (edited) http://www.gamesindustry.biz/articles/2017-07-21-take-two-ideally-we-will-have-at-least-one-triple-a-title-every-year Does anybody know why Christoph Hartmann stepped down as President of 2K?He is been with Take-Two predating the publishing labels- Rockstar, 2K, Social Point- or maybe just new fresh management (I see the same with R* in future in T2 keeps growing and less depending on GTA). FlatFX: Great to see the thread up again and I kind of still believe they can cross $120.00 before/after RDR 2,however Time shall Tell. Edit: $14-18 Billion in market cap by end of 2018 (plus RDR2 is never expected to do GTA numbers). And Yeah I will buy both Activision and T2. EA is just overpriced and don't have any path. Edited July 27, 2017 by BLOOD Link to comment Share on other sites More sharing options...
BLOOD Posted July 27, 2017 Author Share Posted July 27, 2017 (edited) For a company that was only valued at $700 million ten years ago vs $8 billion today I see by the time they pass $10+ billion they sure will buy anot her game-changing asset I still think ZeniMax is theirs to own. Edit:http://www.eurogamer.net/articles/2017-07-26-gta-5-tops-uk-physical-game-sales-chart-for-first-half-of-2017 Edited July 27, 2017 by BLOOD Link to comment Share on other sites More sharing options...
Rucke Posted July 27, 2017 Share Posted July 27, 2017 http://www.gamesindustry.biz/articles/2017-07-21-take-two-ideally-we-will-have-at-least-one-triple-a-title-every-year Does anybody know why Christoph Hartmann stepped down as President of 2K?He is been with Take-Two predating the publishing labels- Rockstar, 2K, Social Point- or maybe just new fresh management (I see the same with R* in future in T2 keeps growing and less depending on GTA). FlatFX: Great to see the thread up again and I kind of still believe they can cross $120.00 before/after RDR 2,however Time shall Tell. Edit: $14-18 Billion in market cap by end of 2018 (plus RDR2 is never expected to do GTA numbers). And Yeah I will buy both Activision and T2. EA is just overpriced and don't have any path. Yeah he was working at Bertelsmann/BMG Interactive even before they were aquired by Take-Two. So he has been with the company for a long time (even longer than Sam Houser I think). But it didn't say why he left, and he hasn't made any comments himself either. So I'm just wondering if he left on his own device or if he was forced to leave. Link to comment Share on other sites More sharing options...
BLOOD Posted July 27, 2017 Author Share Posted July 27, 2017 I am guessing forced out after Evolve and Battleborn especially the latter failed to be bigger hits although to be fair Evolve sold 5 million and already a franchise for 2K Games/Take-Two. And Battleborn is more a Gearbox IP. Link to comment Share on other sites More sharing options...
Rucke Posted July 28, 2017 Share Posted July 28, 2017 2K's release schedule last year was quite weird to be honest. They released 4 major AAA titles (Battleborn, NBA 2K17, Civilization VI and Mafia III, but they have nothing scheduled for 2017. They could have easily pushed back Mafia III to this year. I don't understand why they rushed with that game. It had a sh*t-ton of bugs so it would have easily benefited from some extra development time. In the interview with Strauss Zelnick and David Ismailer they said that they now aim to release one AAA title each year (except Sport titles) across all of Take-Two. So either it's a 2K or a Rockstar AAA game that we can expect each year. That seems to be the new vision of Take-Two. My guess is that maybe Christoph Hartmann didn't agree with that, especially seeing how 2K has continued to push out games like publishers did in the PS2 era. Link to comment Share on other sites More sharing options...
Versous Posted July 28, 2017 Share Posted July 28, 2017 (edited) here are my thoughts instead of creating a new thread for it. Now that RDR 2 has been pushed back I wouldn't be shocked to see a Rockstar title announced before actual RDR 2 release. only 2 games in one generation doesn't seem like much then on the other hand they don't need to take any risks So it'll be interesting to see how this plays out. I wonder if Agent is still a thing and They could land a hit with a new Midnight Club (the demand for arcade racers is real) thats for sure. Edited July 28, 2017 by Versous Link to comment Share on other sites More sharing options...
BLOOD Posted July 29, 2017 Author Share Posted July 29, 2017 Take-Two Interactive should cross $9 Billion in the coming weeks. And possibly at $90.00 by November. Great Points Rucke and Versous. Time will sure Tell. Link to comment Share on other sites More sharing options...
Jabalous Posted July 29, 2017 Share Posted July 29, 2017 The stock could rally to $90 after the conference call on Wednesday provided that they again post strong results for the previous quarter that exceeds the estimates. BLOOD 1 Link to comment Share on other sites More sharing options...
BLOOD Posted August 2, 2017 Author Share Posted August 2, 2017 It should be Interesting. Jabalous 1 Link to comment Share on other sites More sharing options...
Jabalous Posted August 2, 2017 Share Posted August 2, 2017 Yup, today after hours. I can already see it crossing $85 with an earnings beat. This is my educated guess based on its past behavior after recent earnings. Link to comment Share on other sites More sharing options...
DisCrafted Posted August 2, 2017 Share Posted August 2, 2017 When's the call? Link to comment Share on other sites More sharing options...
Emmi Posted August 2, 2017 Share Posted August 2, 2017 ^ in 45 minutes from now ... Link to comment Share on other sites More sharing options...
Spider-Vice Posted August 2, 2017 Share Posted August 2, 2017 http://gtaforums.com/topic/893382-the-official-quarterly-ttwo-conference-thread-q1-18/ Hop on our official quarterly discussion thread, as always DisCrafted 1 let your hopes and dreams turn into burning fire! GTANet | Red Dead Network | kifflom black lives matter | stop Asian hate | trans lives = human lives Link to comment Share on other sites More sharing options...
FlatFX Posted August 2, 2017 Share Posted August 2, 2017 (edited) http://www.businesswire.com/news/home/20170802006214/en/Take-Two-Interactive-Software-Reports-Strong-Results-Fiscal Buuujaaaaa Now I'm even more interested what Activision will show tomorrow. Danger with Activision ist that Destiny 2 probably will just be a moderate success looking at preorder figures and Amazon rank. Instead I believe this year's COD will be a huge success Edited August 2, 2017 by FlatFX Link to comment Share on other sites More sharing options...
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