[Sad News] Ubisoft stock tanks after earnings call

be a company like 70% reliant on customer sales

make absolute dogshit so you can reap the other 30%, which is government handouts/dei initiatives

the scale finally tips and your customer base evaporates

simultaneously government spending and dei initiatives start getting cut

investors see the giant drops in profit and panic sell

a cascade occurs where there are more sell orders than buy orders, dropping the value of the stock inevitably to bankruptcy, bailout, or buyout.

I thought Yasuke saved Ubisoft? Or was that a bunch of people lying because everyone with half a brain cell knew 'kang samurai' was going to be a massive flop and waste of resources.

Got Metooed, lost crucial staff, ansel, the expedition 33 leads, ect. Filled in with a fucking HUGE number of mostly third world fucks. Headcount swells to 20k. Turns out those fucks are incompetent. See the mumbia attmept at prince of persia for an example. They go to emergency mode and their emergency project. Activists fuck it up. Incompetents make it worse than the previous editions.

20 percent hit to bookings last year alone. That's contracted revenue for you bizlets.

AC girlpower edition? They couldn't even make Ninjas work. What makes you think they'll make witches?

Shorts won this round. And I'm betting the normies haven't figured out exactly how much the tencent deal took out from the share value. But go ahead with your puts.

buy the dip

Die.

Yasuke did so badly that they didn't announce any rev figures.

Didn't you say that when it was @17 eu a share?

AC girlpower edition? They couldn't even make Ninjas work. What makes you think they'll make witches?

They'd just need to go full fiction and allow magic and shit. I'd be game. The only good female in AssCreed was the nog in that Vita AC3 game, simply because they bothered to try to incorporate her being a slave/woman as a gameplay element.

It looks like it, I'd be happy but the parasites who consumed the company will just flee to the next rotting carcass of success.

Yes

Where are the sale numbers?

numbers

kill yourself shill

Wasn't it supposed to take place in 16th century Germany?

Nobody said that, but acS was fun if you hadn’t played a ac game in a long time.

scream from the rooftops for months how AC Shadows was a massive success, how love won and chuds lost

announce real sales and revenue months later

ignore reality and pretend nothing happened

I sometimes wish I were stupid enough to be an internet leftist

I need Anon Babble input...

is this shorting? can we do a gamestop with this?

Will either one of Ubishits stocks be worth putting 1K into down the line?

scream from the rooftops for months how AC Shadows was a massive success, how love won and chuds lost

announce real sales and revenue months later

ignore reality and pretend nothing happened

The cycle has repeated more times than one can fathom.

They'll survive

Sorry chuds, looks like your little “video games” got “blacked” by a real man instead of some little chuddies this time

Literally resorting to summoning Satan in your games to save your company

And you tell me it's totally possible to get rich in this life without the help of the literal devil himself.

Ubisoft has a ton of debt and shrinking cash flow

im currently summoning satan to skull fuck you and your loved ones

God bless you, anon :^)

They haven't even released the sales figures for AC Shadows. They keep Saying "SECOND BIGGEST AC GAME BEHIND VALHALLA" and "3 MILLION """"""""""""PLAYERS""""""""""""""""""""""" but never actually saying how much money the game made.

What actually went wrong? Are Far Cry/AssCreed/Tom Clancy really that much less popular than they were 5 years ago?

They don't even mention the players anymore

2 million sales is bad if Ubisoft but amazing if shitty JRPG

Do chuds really

now lets talk about the games budget and what its going to take for recuperation if you don't mind.

Of course. Zoomers busy spending all their money on Fortnite and CoD skins.

All the devs have already been paid over the years. Ergo, every single sale is profit

comparing an AA game to Ubislop that costs hundreds of millions to make and hundreds of millions of dollars more to market

How is their CEO not out of the job yet after all those failures and the success of E33?

in fantasy land this is how it works

what drugs are you on man im interested in your plugs number throw me them digits nigga.

By 90%? So you're saying it stands now at it's true value it should have always been at??

Shadows needed to sell like 10 million copies to break even with its ridiculously bloated budget.

ubisoft should be bankrupt not a 90% loss they whole hundred dude, this company is worthless and hasn't done anything relevant in a decade, its STILL overvalued at 9$ a share.

get woke
*breakdances*
go broke

step 1: spend 500 million dollars developing this turd

step 2: earn 250 million dollars (generous estimate)

step 3: ???

no profit

Before the game releases the money spent on developing it is counted as an intangible asset on their balance sheet. Only once the game releases they start to amortize it and realize it as costs over time.

what upsets me most is that from watching the first hour or so of the story on youtube, at no point do you play as an assassin hunting down templars. the main cast is a rag tag group on a revenge plot against a gang of bad guys

Well Tom Clancy became a neutered product. You either choose looter shooter with The Division or hero shooter with some tacticool elements with Siege. Tom Clancy had a tradition on violence and being realistic, but all that went through the window because they wanna appease China sales and save money with animations.

Far cry same thing as above, but they decided to make it the open world slop, after third game with the same formula you know people dont want that shit.

Ass creed besides the WE WUZ SAMURAI shit they pulled, for fuck sake its Far Cry slop formula with swords. Instead of making an actual RPG that allows them to have more creation freedom they have to utilize old IPs because who dare to take risk with retarded boomers in command?

Rent free.

be game dev

highly reliant on game sales

try to sell people patronizing politics instead

You get what you asked for and worked for.

Ask Nokia.

You know what's even more enjoyable than AC Shadows if you haven't played AC in a long time?

Replaying the same AC you hadn't played in a long time because they've fucked up that franchise for several titles and running to present.

Company with brilliant ideas like rejecting Prince of Persia sequel because beancounters said that it would hurt the lifetime sales of PoP that was released a year ago that no one bought because of botched marketing.

See the mumbia attmept at prince of persia for an example

mobygames.com/game/216014/prince-of-persia-the-lost-crown/credits/windows/?autoplatform=true
Yes just look at all those jeets in the credits! Fucking retard. Jeets are horrid little raperats that are not human, but it wasn't them that ruined the recent Poo of Persia. Stop blaming jeets for everything. This is like SAARfield all over again when people were screaming about jeet code being the reason for the sheer amount of loading screens in the game despite Todd not allowing a single jeet to touch any of his magnum opus' shitty code(but plenty of the games terribly optimized and ugly models).

streetshitter seething as usual

This. The game played good. Everyone just hated the protags looks and the nigger rap in the reveal trailer.

Pretty good bait ngl

streetshitters are awful and not even human but stop using them as a scapegoat for equally shitty western developers, hold people to account for what they actually fuck up

seething streetshitter!

You hit your head there buddy?

The game journalists did. In fact if you had listened to Forbes on Ubisoft and AC's performance you would have taken a huge shot to your investments.

why couldn't this literal gaynigger game save us?!?

B-but Asscreed shadows had over a gorillion players!!!!

DO NOT REDEEM SAAR WE DIDN'T TOUCH THE BLOODY CODE

Look at rev, bookings, and look at upcoming games. They're still way, WAY overvalued if anything. They're potentially vulnerable to a Gamestop short attack, but I don't see that right now. If you're buying, you're going for a LONG put, like PS6 launch. I see zero reason not to wait at least until their next wave of layoffs, estimated to be about 100 million dollars worth. If they're getting rid of garbage.

If you're going for the downside, well, it's pretty straightforward what you're thinking is. They kept the top people who made Skull+bones, avatar, sw outlaws, AC shadows, and the same marketing people who pushed POP and the other POP in the same year. They have nothing resembling live service, and can't even capitialize on their Tom Clancy licence with the goddam ukrane war on.

Full disclosure. I just exited my shorts position based on the reports, and am leaning to shorting again.

They dropped quite a bit of their debt with the tencent deal. They still have quite a bit, and they have enough capital for at least one more swing at it. One wildcard is, does tencent improve, hurt or do nothing? They win in almost every scenario, but are they pushing for an outcome?

Game developers have literally one job, to make good games. How do they fail such a simple task?

kek do they even remember veilguard at this point?

Shorting is a way to make money off something you think will lose value. Gamestop was a short squeeze where you know there is a lot of money in shorts so you get a shit ton of money to pump it until the shorts have to buy back in which can explode the price. If it had a significant ammount of shorts then yes it could but good luck manipulating peolple into spending money on ubisoft

They made a defensive move to refinance with tencent, which made the company VERY unappealing to any other buyer.

You mean
Formerly tacticool with increasing amounts of gay pride spray paint.

And the bigger offense is because their new devs suck so much, they couldn't do basic shit their older games could. In japanese history, the kuniochi's WHOLE GODDAM deal was social stealth. It's as important to them as goddam ninja stars.

IP still gives them "book value"

there's always been a bunch of faggots taking themselves way too serious, thinking the medium is supposed to transcend its origin and be something else entirely, be it art, experimental entertainment, faggot activism or in this case - a political statement carrying the torch of mutt's love for everything nigger.
the people responsible are too self-absorbed to see it any other way really

This game is apparently takes place in the Holy Roman Empire of German Nation, so I was honestly kind of looking forward to it, but at this point I doubt it will ever be released. Kind of a shame, but Ubishit deserves it. Not to mention that it is probably full of Yasukes anyway.

I'm an Imperial Knight!

I'm an Imperial Knight!

I'm an Imperial Knight!

lmao get ready for another ubisoft's own acolyte

LOL. Stick a plug in your ass, you useless liquid shitters. I'm putting blame ONLY where it's deserved, and that's on the OTHER prince of persia project. Not lost crown or rogue. Lost crown was good enough. BUT Prince of Persia lost crown was lead by Ubi Montpiler, which is why I specified Mumbai.

ign.com/articles/prince-of-persia-remake-ubisoft-montreal

For the extra illiterates, they spent AAA cash on the remake, were close to release, then had to RESTART THE WHOLE DAMM THING because it was shit. .

Bonus. Go look up the projects that Ubisoft india has LEAD on. What's their greatest success?

It's actually a pretty hard job. But they don't even give a fuck about it. They have a Mission.

In Gamestops case, there was something called a short ladder attack, where big investors continuously shorted Gamestop below it's "value" doing questionable things like not actually borrowing shares to do the short. If the company goes bankrupt, then their fake borrowning will never get caught, and they make out huge.

I don't think this is the case here with ubisoft.

It should be lower

...of which the sold off a big chunk of to Tencent to cancel debt. This deal also makes it very hard to sell or rent the ip to others.

They have enough cash that it will be launched. Now will it be any good? I wouldn't bet on it.

Hexe

German for Witch.

The game most likely takes place in middle Europe.

Delusions of grandeur which led to bloat, probably a middle management fuck show. Kinda like Intel if you think about it. Plenty of management studies have been done on bloat / organization size and their link to performance. You can allow yourself to bloat when you're in the 2big2fail league such as microsoft/google but ubisoft can't coerce you into buying/using enough of their products so they can keep up with their ever increasing costs.
They should have hard trimmed the fat a decade ago already, now it's too late.

Executive meddling with corporate mandated checklist.

2 million sales is bad if you spent 600 gorillion dollars but amazing if you spent five bucks

Yes.

it sold 6 gorillion actually

a team of a couple japs being paid shit wages on a shoestring budget vs. massive global effort with 10000+ employees

Yeah, Niggas in Nipland really sold gangbusters, huh? Whoever came up with that idea needs to be broken on the wheel.