Nice catch on the Fan Bingbing name drop. I agree, Glu-Tencent has a lot of fertile soil to mine in terms of Asian celebs - whether Chinese, K-pop, or region specific. Just a huge untapped market for the proven Stardmom engine.
That being said, Glu is unfortunately to the point of really depending on DH16 to pump up Q4. Wall Street will drop this
I did. He is NOT a full time employee. ONLY on the BOD.... You do your homework. He's on the BOD of a couple companies.
They've slow played their relationship to date, but have made it clear that an operational agreement is coming where Tencent can help Glu with the things they do well & vice-versa. Beyond that, I don't have much insight. Their investment in Glu isn't unique & is part of Tencents strategy to diversify outside of Asia. Steven Ma is on Glu BOD & Tencent isn't going anywhere anytime soon.
Nicollo has name dropped Fan Bingbing during past presentations and, based on pure speculation, I'm hoping that a celeb game based on her is the first major operational partnership they embark on. The potential would be massive for everyone involved.
Sentiment: Strong Buy
Disagree. They added a rockstar to the BOD, they didn't execute a wholesale change in their business, nor do they need to. They also didn't revise guidance down, they maintained FY revenue guidance despite game pushes. The change in GM guidance was primarily due to large investments in staffing 8 new studio teams ($15M worth of headcount). Back out the headcount investment and GM is growing nicely YOY. They're also on track for another solid beat on top and bottom line in Q3 & have many catalysts coming so we may very well see adjustments and over performance, especially in Q4. I also don't see the logic in why a $126M in a Co by anyone could be construed as a negative. It seems like you're stretching for criticism.
Sentiment: Strong Buy
not good. Obviously, a change is needed to innovate and stop bleeding the negative cost/revenue. Love GLUU but a little concerned now that guidance revised down and change of BOD needed. 10k shares long and holding. Also, Tencent being China direct investment $'s really concerns me too. GLTA
Sentiment: Strong Buy
point: Got to get in on CYBR and hold. It might go cheaper, but $48 is too tempting. I agree with it going up to at least $60. We shall see. I am confident that this move will make me money.
Still going to leave the lions share for GLUU.
Fitzy, You seem to be pretty knowledgeable on all these mobile releases and direction of Gluu. Tell me where does ten cent fit into gluu? As a partner in china, helping to market gluu games in foriegn languages to the East. I do not see them buying $25,000,000 @ $6.00 as a trader. corsol45
There is an article on PocketGamer on this. I tried to post it here a few time but strangely all were deleted by yahoo.
You can find it at Noccolo's twitter feed. An interesting read.
Well, I agree. Glu does like being ahead of the curve. Real-Time Strategy will be interesting to watch. I wonder what cost against profit will be given the manpower overseeing it. Although I'm not yet completely convinced of movie title games I do have full faith with de Masi and team. Thanks Fitzy.
I agree. I have been looking forward to seeing how the "strategy" aspect of the game would work. If you look at the highest grossing titles, most are strategy games. I initially thought a 007 game similar to the old Goldeneye would be extremely successful, but in light of the mediocre response from recreates of the same shooter engine, I am excited to see what 007 will do. I think there is much more upside to making this a strategy game than trying to play it safe with a similar shooter game. With the upcoming social games, Glu can take a shot at something new.
I'm with you. Probably going to move in a week or two. I am going to do about half of what I did last time. I want to load up on GLUU. Saving a good deal back to play the move up. I have added another core to GLUU at just over $4.20 that I am not going to day trade. CYBR has a tendency to follow the market. GLUU rides to its own tune.
The other movie titles up to this point were clearly re-skins of existing engines. Some have been moderately successful, the recent ones have not. However, using the re-skin model, there has been cannibalization of Glu's original IP titles that use the same engine. In aggregate, there may be situations where this is beneficial (monetizing the engine across more titles) but I look at the noticable dip in Contract Killer : Sniper that coincided with the recent re-skins and I'm not sure it's always beneficial.
Let's say they just made Bond another action shooter re-skin, we would already have an understanding of our upside (based on historical releases) and would also run the risks of further cannibalization of the Glu's other IP.
Coupled with the Broccoli family's insistence that the game not be just an action shooter and involve deeper character development to exist alongside the movie franchise (even in between Bond movie releases), Glu is taking a different route by venturing into a new genre (Real-Time Strategy/RPG) where they historically haven't had expertise, but have hired talent to support these efforts. There is risk in this approach, but it's calculated and I would argue offers a lot more upside than the typical action shooter tie-in that is certain to fade the further the movie is from its premiere.
In general, RTS/RPG games have a longer ramp than other genres so the expectations I have in the short-term are very low. Glu has also sandbagged expectations unlike any title they've ever released. v.01 in beta was a notable letdown but they're making incremental improvements as they progress. It's difficult to say whether their approach will succeed or fail in the near-term, but I believe Glu has the resources, data insight, and talent to make the concept work over time. My position is that I see opportunity in things nobody has tried before & nobody has ever tried this new approach with a movie, let alone one with arguably the strongest IP in the world.
Sentiment: Strong Buy
One for, and one against, who gets the deciding vote to delete this post LIKE ANDY PANDY DOES???....
OT: Have been reading reviews of CYBR and current and future cyber attacks. There are calls for CYBR to move around $70. It's just over $50 today. I feel it's reasonable to see it move back to at least $60 in the short run. Considering picking up a few more shares. Any thoughts?
I don't think so, Ten cent has plans with gluu in China and other parts of the east. ten cent is growing and obviously likes what gluu is developing..
Fitzy, I may be rehashing an old topic, but what about 007? Glu hasn't quite got the right mix creating an action game to go with an action movie.Is this an avenue they want to continue down with minor numbers, or is it something they need to reexamine? I would like to see 007 have success. And a part of me thinks with each action game they put out they continue to look for the right formula. But I also think about the analysts and how they jump on any flaw. Got any thoughts on this or if 007 will actually succeed where other movie games came up short?