Tag: Marvel: Contest of Champions
-
Netmarble’s Game a Bust in the USA – Stock Price Target- 103,000 KRW
Summary Our analysis of Netmarble’s IPO was that it was “priced for perfection”. While the Lineage 2 game releases has been near perfect in Korea and Japan, its release in the USA has been a bust and the release in China is on hold due to geopolitical tensions. As a result, we predict that Netmarble’s…
-
Netmarble IPO: How Greed Destroyed Its Kabam Acquisition
Netmarble is the ninth largest mobile app game publisher in the world and the largest in South Korea. In a month, the company is set to raise $2.3 Billion via an IPO on the KOSPI Korean stock exchange. If successful, the company will be valued at $11.7 Billion and catapult it to the level of…
-
Netmarble IPO: Priced for Perfection
Netmarble is the ninth largest mobile app game publisher in the world and the largest in South Korea. The company is seeking to sell 17 million shares on the Korean KOSPI stock exchange in early May garnering proceeds of between $1.8 Billion and $2.4 Billion USD (all USD figures converted from Korean Won at .00088 USD / Won). Roughly…
-
Kabam: An $800 Million Bid That Is Both Lifeline and Death Knell
Kabam (Private:KABAM) is a mobile game startup based in San Francisco that had early success at developing games based on movie IP licensed from major studios like Disney’s Marvel studio, Warner Bros., and Lionsgate. Beginning in 2014, Kabam started timing new releases to coincide with the releases of mega-hit movie sequels like Fast and Furious…