Iron Throne: Kingdom — Another Failed Game Release By Netmarble

Summary: Netmarble’s newly released game Iron Throne: Kingdom is a failure based on App Annie data. While the stock did fall to a low of 123,000 KRW in August 2017, it has since recovered since April 2018 due to a timely 25%  investment in a Korean music label that is home to the K-Pop sensation …

Marvel Future Fight Game: The Boycott is Now Measurable

“The revolution will not be televised” per Gil Scott-Heron, but the boycott is now measurable Keep up the boycott until Netmarble rolls back Patch 3.6 App Annie revenue rank chart as of December 27th – now down from  #38 on 11-29-17 to #127 on 1-5-18  KEEP IT UP These are the two responsible for Patch …

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 Games: Stock Price Target 33% Below IPO

On May 11, 2017, Netmarble Games had an IPO on the Korea KOSPI stock exchange. Due to an enthusiastic demand by Korean, International, and Sovereign funds, the company was able to price the IPO at the high end range of 157,000 Korean won (KRW) / share, or approximately $138 USD / share based on an …

Netmarble Games IPO: A Fast Fade for Lineage 2?

Introduction Netmarble is the largest mobile game publisher in South Korea. The company has just secured investor commitments to buy 16.9 Million shares worth $2.3 Billion in a May 2017 IPO on the Korea KOSPI stock exchange.   This IPO would value the company at $11 Billion based on investor demand at the high end …