"There are multiple chart patterns at play"
Translation- No matter what happens, you can point to one of them and say you were right. Which makes all these posts absoltely worthless. Get off the fence for once and make an actual prediction. One outcome.
Checked over here to see an intelligent discussion on the ONLY news that matters today, the new memory being developed by Sandisk and HP. Not a single post even mentions it.
Just a bunch of juveniles, day traders and wannabe chartists. What a joke of a board.
All week, it seems like the shortages have been dominated by Xbox One, as well as the complaints about lack of availabilty of the Xbox adapter. Far less has been said about PS4 problems. Good thing, as PS4 appears poised to be the cash cow for RB4.
A recent article estimates that since thir late 2013 release, there have been about 26M Playstation 4's sold versus about 15M Xbox, a huge advantage for Sony. This seems to bode well for Rockband and Madcatz. So does the fact that PS2, the best selling console of all time, sold 155M units in its lifetime, and PS4 is expected to top that.
Rockband would certainly appear to be a muti-year hit in the making, especially as they roll out new products and updates on an ongoing basis.
Amazon is now out of Xbox guitar bundle also. 4 hours ago it said 18 left, then 16, 15, 9 and now gone. Let's hope they replenish quickly.
1. Best Buy. Xbox bnb out, ps4 one available. A handful of each guitar and game.
2. Gamestop. Xbox bnb out, ps4 one available, plenty of each with guitar. Employee said two xbox bnb that had been for preorders were being returned due to not having game disc inside. Said they were being returned to Harmonix, which i thought was odd.
3. Target. One xbox bnb, nothing else in store.
4. Meijer. 4 of each bnb, 6 of each guitar box still on pallet. Employee said many people in today but not buying. he said common refrain was "be back on payday'.
Overall, found more inventory than I expected to. Will hit the same stores on Sunday for an update.
They'll care when Guitar hero launches in two weeks with a marketing firestorm. THIS is execution. THIS means being prepared to sell EVERY available unit during this two-week jump on the competition. This CANNOT happen on the very day of launch. I look for the next amendement on the bank deal within a week to allow Madcatz additional liquidity to meet overwhelming demand.
Bunch of pictures floating around Twitter of WWE wrestlers playing RB4 backstage Monday afternoon at a show in Boston. harmonix seems to be holding up its end with a low budget marketing campaign. Hopefully some tv commercials promoting the game on the way.
Ron, If the game is retailing for $60, I would expect they are selling it to retailers for about $45 to allow them to make a 25% retail margin. I would hope we got at least a 20/80 revenue split with Harmonix on the $45, even after some development and production costs. As others have suggested, it's probably safe to model $5-$7 per disc to Madcatz for the disc-only orders.
We are batting .500 so far. I have seen two retailer ads for next week so far. Target has no mention of RB4, but Meijer, a big Midwestern retailer operating in several states has both the Guitar Bundle and Band in a Box at full regular retail.
Micro, VR will indeed be huge, and Himax HIMX is the way to play it. They make the chips (LCOS) for nearly all the top players. They have a huge technology lead. An analyst just upgraded them with huge earnings increases for 2017 due to their LCOS design wins. Taiwan company, strong cash flows and no debt.
Same place Tab gets ALL his numbers. From out of his posterior.
He throws out ridiculous predictions without any basis of fact or analysis. He wouldn't know gross profit from gross markup. He coudn't prepare a proforma to save his life.
Fuddy, the key is to get units in the homes starting next Tuesday. Once the kids start playing, their friends will want them for xmas, and off we go. The key is having ample inventory to sell throughout the holidays.
On the other side, when I see ridiculous predictions like one million units between now and the new year being thrown around, I don't believe the posters realize the cash constraints still present that would prevent such. Yes, the physical disks can be manufactured in huge quantities and cheaply, but the amount of profit to Madcatz is minimal. But to manufacture significant quantities of the money maker BNB is goimg to be difficult due to the cash constraints.
For the umpteenth time, Madcatz investors are setting realistic expectations too high.
Micro, Wii outsold PS3 PS3 for the 3 years. And we have no Wii this time? Thats a lot of sales to make up. Come on folks, we have a winner here, but let's not set ridiculous expectations...
"Another shareholder friendly move"
What? How about just quickly finishing up the consolidation they started two years ago??????????
And Caff, I hope the analysts DON'T update their estimates. We need the headlines to report the quarter as a BEAT.
Yep. An actual witness has confirmed one 1988 Plymouth Voyager white minivan leaving the San Diego warehouse. The van appears to be fully loaded with large, white boxes with Rockband 4 printed on the side.
Sorry, guys. I just can't get all these past execution failures to let me believe they are going to actually pull this one off :) Go Darren, prove me wrong!!!! Please.
Hopefully they are mass producing bundles now without financial constraints. It is really critical that they do not run out of product at retail during that two-week head start they have on the Guitar hero launch. Those two weeks without competition are absolutely huge. We also need to be in the ad circular of every major retailer on Sunday 10/4. Perhaps a retailer or two will even give us a Midnight sales event for launch.
Hope, three reasons that trend might reverse.
1. The casual gamer and parent will likely be swayed by the Activision marketing machine. With their budget and ability to manufacture much higher quantities, they will likely get retail ad, shelf and display placements at a 3 to 1 rate over Harmonix/Madcatz.
2. Guitar hero doesn't launch until October 20, so their marketing machine hasn't even started their engines yet. And even now, their Point of Sale "coming soon" materials at Best Buy dwarf RB4.
3. Unfortunately Madcatz has conditioned us to expect massive retail and online out-of-stocks. And due to the financial challenges of both Madcatz and Harmonix, this launch will probably not be any different. I just cringe expecting "Out of Stock" flashing on my screen on Cyber Monday. All the while, Guitar Hero will be fully stocked everywhere and sales inevitably will lost to the competition.
Hate to rain on the parade, but with idiotic price predictions of $8.27 being posted, we have to remember there is a REASON we are a .60 cent stock- a history of poor execution, and a likely repeat of that over the next 90 days...
"The risk of bankruptcy is zero with Hutch.
The risk of going out of business is zero with Hutch."
I refuse to do ANY homework for anyone who could make a satement like this.
For reference, go back and read my warnings when you were pumping a $2 NAVR stock and saying it was outperforming Amazon and headed for $15.
You continue to fall in love with your #$%$ stocks and pump them right up intil the day you throw in the towel and disappear from the boards without ever divulging your exit.
Was in a Michigan Best Buy today. Game dept. employee checked computer for pre-order availabilty (everything was available except band-in-a-box for xbox) and told me he saw 224 RB4 bundles at a BB distribution center in Indiana. He had no way of knowing if they were reserved for pre-orders or for first-day open sales. If he is right, perhaps Madcatz has begun shipping without a press release.