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DevReply This is by far the best response to the newest rivalry system

Discussion in 'Offtopic' started by Kowsky, 6 Mar 2018.

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  1. Kowsky

    Kowsky New Member

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    F847AC2A-58C7-4130-AE94-4DC3A0A72549.png
     
    FirnenAhead likes this.
  2. nosesabe

    nosesabe Well-Known Member

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    Damn what happened the 21/22? But yeh... they could do better
     
  3. Kalbs

    Kalbs Well-Known Member

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    Ohh interesting. Source? Is this data available anywhere?
     
  4. Kowsky

    Kowsky New Member

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    Yes, this is just public data... you can search HEL:ROVIO in google finance or yahoo finance and you will see the stock price trends
     
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  5. Snapshot

    Snapshot Well-Known Member

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    Heh, that's interesting. That implies that their marketing strategy of marketing freemium game to 1%'ers doesn't work yet.
     
  6. Rated R

    Rated R Member

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    Bloomberg has written an interesting article on Rovio:
    https://www.bloomberg.com/news/arti...inks-again-after-deutsche-bank-slashes-target

    Items to note:
    1. Stock plunged when their head of games and 4th quarter earnings failed to appease investors.
    2. Deutsche Bank AG is telling clients the stock is probably worth only a third of its IPO value. Deutsche says the stock is only really worth 3.70 euros a piece.
    3. Doesn’t have much else besides Angry Birds to make money from.
    4. Mathias Lundberg, an analyst at SEB AB in Stockholm, says Rovio isn’t converting “enough players to payers.”
     
    Falcon14 likes this.
  7. Miika

    Miika Game Lead

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    29 Mar 2017
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    Rovio did not "sack" any developers last year. Rovio has also not lost any money. In fact 2017 was actually a great year for us.
    Battle Bay is still developed by the same team of developers who originally founded the game and been working on it ever since.

    Closing the thread due to an attempt to spread completely false rumors.
     
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