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point-taken 151 posts  |  Last Activity: 16 hours ago Member since: Jul 12, 2012
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  • point-taken@att.net by point-taken Feb 26, 2016 6:25 PM Flag

    The following is from Benzinga. I think it helps to keep a focus on the objective; investing in a young company coming into its own. Not only has Tencent been adding, so too other companies. And they are taking solid positions. Have a read and take from it what you will.

    "China's Tencent has raised its stake in mobile game maker Glu Mobile Inc. to 21.5 percent, according to regulatory filings on SEC.

    Tencent, an Internet service portal in China, bought 4 million more shares of Glu Mobile – which is bringing Tencent's top-grossing Asian-market mobile shooter game "WeFire" to the United States. The game will be branded as a "Frontline Commando" rival.

    Management expects to launch the game in late-second quarter 2016 after westernizing the art and user experience. "WeFire" has performed strongly in China, Taiwan, Korea, Thailand and Vietnam.
    Recently, Shinko Asset Management Co. Ltd. increased its stake in Glu by 13.7 percent during the fourth quarter, according to regulatory documents filed with the SEC. Fisher Asset Management also boosted its position in Glu Mobile by 13.6 percent in the fourth quarter.

    Several research firms have weighed in on Glu Mobile. Roth Capital analyst Darren Aftahi weighed in on Glu after the company released its "Kendall and Kylie" game. The analyst cited stellar performance in terms of U.S. iPhones, reaching the top 8 grossing free game status in its first day, closely resembling the performance of "Kim Kardashian: Hollywood," one of its top games. As a result, the analyst believes "this game will have a material impact on Glu's P&L."

    Earlier this month, Glu Mobile signed a multi-year deal with Taylor Swift to develop a new mobile game on the pop star.

    Shares of the issue have surged 60 percent this year. They have been trading between $1.98 and $7.03 during the past 52 weeks."

    I'm feeling better believing this is the year Glu comes to fruition.

    Sentiment: Buy

  • point-taken@att.net by point-taken Mar 10, 2016 12:56 PM Flag

    Recently Glu got smacked by the Motley Tool. Now a new article is out saying the opposite. Profit Confidential, "Glu Mobile Inc.: $3 GLUU Stock About to Go Vertical?" Brings up some very good and logical points.

    Sentiment: Buy

  • Reply to

    Pump and Bash from reviewers

    by point-taken Mar 10, 2016 12:56 PM
    point-taken@att.net point-taken Mar 10, 2016 5:01 PM Flag

    Reading Glu's price could go vertical is always nice.

    Came across another article on VR. Posted by engadget, Google the title, "Oculus Social launches on Gear VR, Facebook tie-in coming soon."

    The big players in VR will be Samsung, Facebook, Apple, Google, LG, MS, and the like. (I should have bought Facebook when Star.trader and Tru.nite were pitching it at $25. I did buy in at $55.) So the focus will need to be the secondaries like HIMX and game makers like Glu. Will have to stay in tune with who's making the lens, the software, the chips, the gloves, the battery packs, and so on. There will be no direct, one company, with VR. Just as there were no one leading company with cloud. Still, a toehold like Glu or HIMX will bring rewards.

    Sentiment: Buy

  • point-taken@att.net by point-taken May 7, 2016 11:35 AM Flag

    I'm impressed with the following of e-sports. And it's only the beginning. ATVI has done well investing in the likes of King, rolling out games that draw an audience, and working to consolidate the gaming sector. There is a call for the stock price to move to $42 in the next 12 month. This will happen and then some.

    I also think EA is worth a look. It too is making moves to be a dominate in the game sector. And look for Tencent to make a move later this summer. Both ATVI and EA will benefit from it.

    Sentiment: Strong Buy

  • Reply to

    Eye on the prize

    by point-taken Feb 26, 2016 6:25 PM
    point-taken@att.net point-taken Feb 26, 2016 10:17 PM Flag

    Six, first as the article points out Glu is redoing WeFire. "Westernizing the art and user experience." Even though Glu has had the game I imagine they are going over it with precise detail. If the game is in beta, it may be under daily changes which may have an effect on players. It is to be released near the end of June, although there may be cautious optimism to release in early June. I'll take a look at Thinking Game.

    But my brain keeps returning to what I mentioned earlier; there is something going on just outside our collective peripheral vision. This article has me thinking about it again. Tencent buys more. Shinko Asset increases its stake by 13.7%. Fisher Asset increases by 13.6%. This is some serious outlay of cash going into Glu. I still think sometime in June, July or August we are going to see major moves in the gaming business. I can't quite figure out Glu's role, but whatever is up Glu will benefit from it, and in turn, so will we.

    Sentiment: Buy

  • point-taken@att.net by point-taken May 19, 2016 11:20 AM Flag

    1Q16 revenues $1.5 billion. Digital revenues accounted for 64% of total revenue, or $926 million. The purchase of King was brilliant. This has already stimulated more revenues and I expect digital revenues will only grow. The question is: by how much each quarter, how quickly? The purchase of King certainly gives an edge over EA, but both companies advance with confidence and determination. Have to wonder if EA is eyeing an online company to enhance its growth. These are, my friends, exciting times.

  • Looks like Glu has created a game where the chef continues with his colorful insults. Glu and Ramsay have been working on this game for two years. (Talk about keeping it on the down low.) Anyway, worth a read.

    Sentiment: Buy

  • point-taken@att.net by point-taken Mar 10, 2016 5:06 PM Flag

    At least it's better than ATVI's board. Nearly all the posts are ads.

  • point-taken@att.net by point-taken Mar 12, 2016 12:29 PM Flag

    We have touched upon Virtual Reality (VR). This direction is a format Glu can easily adapt.

    Augmented Reality will some day offer games but it is currently focused on business applications. It is worth knowing about both. The "reality sector" is coming at us full steam. There is money to be made.

    Have a look at Meta. Go to You Tube and search for "Meta's Augmented Reality Glasses/Demo." And take a tour of their site. Companies like this need to be supplied with parts; software, chips, lens, sensors and so on. I liken the reality sector to the birth of the PC. Money was made back then.

    Just a thought.

  • Open beta ran for just under a week, but it drew in 9.7 million players. On average each player clocked in around 8 hours of play time. These number elevates Overwatch to Blizzard's biggest open beta yet! In ten days we are going to see some absolutely crazy numbers. It is my hope the system is not so overwhelmed that it crashes.

    Add to this , Activision is coming down hard on cheats: Banning them. Permanently. No 3 strikes rules. No cool down. Just an outright permaban. This, of course, will be well received. Tuesday the 24th is just around the corner. Mark your calendars.

  • point-taken@att.net by point-taken Mar 29, 2016 11:18 AM Flag

    Oculus has shipped its first wave of pre-ordered $600 headsets. Sony, LTC, Samsung, Google, even McDonald's have their own headsets. It's a given, this is the new hot sector. There are numerous companies providing content for those headsets. It is my hope at the cc de Masi will expand upon what Glu is doing to supply that pipeline. Last I heard only Deer Hunter was available for VR. It is also my hope that whatever games Glu provides for VR they are absolutely bug free. Glu's reputation, and stock price, can not survive any more bad reviews.

  • Reply to

    Well, this is frustrating

    by point-taken Apr 26, 2016 11:23 AM
    point-taken@att.net point-taken Apr 26, 2016 4:09 PM Flag

    The sad thing is the majority of companies rarely keep their shareholders informed between cc's. There might be news about a new roll out or cost cutting but not much else. I don't expect Glu to change its ways. But I would like to know why so little, if anything, goes to marketing.

    And what we need to consider, Glu may not come out of the low $3's for some time. It's possible. Not even the knowledge Tencent bought more helped to sustain a higher price. Along this line, the share price is pretty low. A bounce from earnings will bring Glu to the $3's. A pop would be better if Glu could have maintained the $3's or low $4's first. We will need either proof Glu can manage a steady income, or Glu delivers some outstanding news to see the share price move up strongly. But I fear there may not be anything special and the price continues to linger. Certainly there wont be any thought of a buyout. Why buy a company that can't produce.

    I did add to my ATVI position the other day. I still think the video/mobile game sector has potential not fully realized.

  • Both ATVI and BABA are full on into esports. I think, hope, this will generate earnings for both companies. If this becomes a mainstay I'd like to see both companies compete with each other, annually, in a World Series/Super Bowl E-sports Championship. The NFC against the AFC. American League against the National League. ATVI against BABA. Cha-ching.

    Sentiment: Buy

  • point-taken@att.net by point-taken May 17, 2016 10:52 AM Flag

    Action toys from movie tie-ins is up 7% this year, or $19 billion in revenues. I don't know if the video games are pushing action toys, but if not, they need to get going. And I don't mean a gentle roll-out of a couple. I mean they need to compete with other action toys. $19 billion is no small piece of change.

  • point-taken@att.net by point-taken Mar 15, 2016 12:05 PM Flag

    I was reading last night about BOJ and the reduction in expectation of economic growth. This is the impact our stocks are having. When the markets opened nearly every stock I own was red. Now, not so bad. We've been down this road before. It's nothing new. It does create buying opportunities or a wait and see thinking. As for Glu, I don't think the market will effect it either way. I think Glu is flat. The hope way the Jenner game would serve as a catalyst to lift the share price. It hasn't happened. Glu still needs to make good on its promises. And it will. I haven't given up on Glu. And I admit the last 14 months have been more frustration than elation. But the gaming sector as a whole is emerging. I realize this post can be construed as "pumping" and perhaps it is. I understand selling the frustration or buying the future. Each of us needs to do what we can financially handle. Glu will be teasing us over the next couple of months with drifting up and sliding down. The bottom line is that Glu will move higher and stay higher. It is the predicting of this that perplexes.

  • Reply to

    By Request: Future No.2

    by sixman02 Mar 7, 2016 2:16 PM
    point-taken@att.net point-taken Mar 7, 2016 5:16 PM Flag

    Six, just for clarity for others; Augmented Reality (AR) super imposes images into your environment. Wearing AR glasses you will see your office or room but also an image of, say, a 3D building design, or a stock board, or an alien hiding behind the sofa. AR is a combination of both real world and computer generated.

    Virtual Reality (VR) is complete immersion. With the headset on you could be standing in your room, but seeing a battle field, or outer space. Think of the movie Total Recall. The idea was to go on vacation to Mars while laying comfortably on a reclined chair.

    AR is still a ways off. But VR is here now and growing. Even McDonald's in Sweden is offering VR headsets. Your meal comes in a cardboard box. You refold the box and insert your smartphone and you have a VR headset. But, this headset is like Google's cardboard headset and that is already primitive. The reason I'm holding HIMX is because they are very much involved with supplying parts for the VR headgear. The reason VR is a good format for teaching pilots is because no matter where they turn their head they are inside a jet about to break the sound barrier.

    Now, think about games with full immersion. Your fighting storm troopers. They are in front, behind, above and below. You are standing on the remains of the Death Star. Or, you are exploring a cave. You can hear water dripping far to the left. You move in that direction and the sound gets louder until you come upon a pool of water. Matter which way you look you are in a cave. How about KKH. You go out clubbing with Kim. Everywhere you look you see people dancing and talking. I'll grant you it would be the cartoon Kim. VR games will make TV games feel like Pong.

    If there's a trade show or even a promo for VR headsets like at Best Buy, go. Get an understanding of the technology. VR future is here. Enough with the preaching.

  • Reply to

    I think that:

    by smtl2000 Mar 22, 2016 10:02 AM
    point-taken@att.net point-taken Mar 22, 2016 10:34 AM Flag

    $15 even $20 in the next 12 months seems reasonable. 900% gain in 12 months???? Why stop there??!! How about $500 or $1,000 in 12 months? Let's be realistic with anticipation.

  • point-taken@att.net by point-taken Apr 26, 2016 11:23 AM Flag

    7 days out from earnings and Glu has been drifting down for the past week. I'll grant you it is actually up 25% YTD, but that really isn't any solace. Should Glu have stellar news the pop could be 15% but that takes us back just over $3. My expectations for Q1 are muted. Either there will be some cash or not. What we will need is a well thought out future plan for Glu. To simply announce the release of a new game or two, and being on target to release some more celeb games, wont do. Glu was originally the first company to state it would focus solely on mobile gaming. That was huge forward thinking at the time. It has lost that edge. For the past 5 years, quarter after quarter, de Masi and team have guided Glu with tender hands and foresight. However, the that seems to be missing.

    Zynga was down to $1.78 in February. It is now up 34% to $2.45 and they have nothing in their portfolio of games. Glu needs to address the lost in stock value and how they plan to remedy it. However, I fear de Masi will offer a carbon copy of past cc. I have no wish to change leadership. History demonstrates they can lead. But I do want them to face and answer the hard questions: what went wrong, what is being done to correct it, how long will it take. Come Q4 and Glu looks pretty much like it does today I may join star.trader's rant. After all, Glu has the wherefore all to turn this around and make solid profits. We're 7 days out. Tuesday will be very telling.

  • Reply to

    Point, Six

    by davejonas42 May 4, 2016 11:54 PM
    point-taken@att.net point-taken May 5, 2016 11:54 AM Flag

    Let me start by saying I've been on the fly for the last couple of weeks. My first chance to listen to the cc was last night. And, as much as I would like to attend the annual shareholders meet I fear I'll be on the east coast at that time. I will still make an attempt. Voicing concerns and asking questions no one else has is important at this time. Whoever can get to SF in June do so. It's time to hold the BOD feet to the fire.

    I've read through the conversation with this post and feel there is little I can add. Very good thoughts and opinions have been expressed. I will need to listen to the cc again as there subtleties I am not cuing in on.

    Gregan123, you mention the buyback and de Masi seeming unsure this go around. Like most of us we would like more information on this. (Annual Meet Question AMQ) He did sound wanting to be conservative with funds, but at the same time he expressed an interest in buying other startups as Glu is one of the few companies with funds to offer. The well has run dry for new startup funding. He also mentioned exercising taking advantage of the Plain Vanilla option to buy them. Mix signals. I will say, much to de Masi's credit the companies he has invested in are succeeding. Killz, Bee Cave and others.

    He also mentioned the shooter sector is losing steam. That he plans to move them all to one simple platform that will be easy and inexpensive to maintain. He stated they are finding a new audience with female players and wishes to cater to them. That's all well and good, but I don't understand being dismissive with shooters. After all, Tencent's big games are shooters.

    (I need to catch this flight.) Last for now, I still believe there will be something going on with the gaming sector as a whole. Glu may or may not be a part of it. And I could easily be wrong with this. I think mid summer.

    Gotta book. Will add more later.

  • Reply to

    Battleborn v. Overwatch

    by budfockz May 9, 2016 1:17 PM
    point-taken@att.net point-taken May 9, 2016 5:01 PM Flag

    Still, great news for Overwatch. There seems to be a lot of positives coming ATVI's way, Overwatch, the movie, e-sports. Bob Kotick is certainly earning his CEO's pay.

    Sentiment: Buy

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