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 […]

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 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 […]