Diskusjon Triggere Porteføljer Aksjonærlister

5th Planet Games A/S

They have been lying about games for years!

All the launches for DoD A on the different platforms (kartridge, google play and apple) were as expected, the launch of hugo casino (not developed by them but anyways) went smoothly. They improved last months on their promises of delivering games in a timely manner. I do not see any reason why the game will be delayed (significantly) this time. If they would send out a message two days before the official launch of the game that the launch will be delayed with three months; that would be a really crappy planning and corporate governance from Five PG. A smaller delay may be possible due to some last-minute technical issues, but not a big one…

By the way: i found some gameplay from the game in its new testing phase (it is already available for some portuguese people apparently: https://www.youtube.com/watch?v=VONQsQvjSdQ you can compare it with the initial version of last year over here https://www.youtube.com/watch?v=LAf8vUUmNj8 ) I think that they added some new levels appart from the space setting, a little bit similar to their hugo troll race 2 were you enter different area’s.

Kan du utdype? Gjerne med kilder. Mulig du mener at de bommer mye på guidinger?

Bare å gå tilbake i presentasjoner å se.

Noen av de guidingene har vært så optimistiske at jeg tviler på at de har trodd på de selv…

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Nevn noen eksempler :slight_smile:

Plan 21.08.18.

Doodle jump utsatt til Q4.2018
Vikings utsatt til H1 2019
Tintin utsatt til H2 2019

Doodle Jump har vært i soft launch siden juni 2018.
Vikings har vert rein løgn fra dag 1.

Kanskje lettere hvis du sier noe de har levert på plan??

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Dette selskapet er helt håpløse på å levere hva de lover, det har du helt rett i. Men ingen grunn til å spre falske rykter for det.

@sander Good luck, you really need it. Chances are extremely low that this company will ever deliver any game that will turn a profit. Competition in this segment is fierce, and Hugo/5th whatever have never been even close to deliver anything remotely resembling a success.

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Thanks @cagey2 for your opinion. I agree that the track-record of 5th pg has not been good, I do (and this i my own opinion) believe that the they may turn the tide. @Kalleklovn , I agree with cagey on the fact that you shouldn’t spread false rumours. There are no signs of large delays in the launch; the english launch trailer is already finished (but hidden on youtube: https://www.youtube.com/watch?time_continue=29&v=j0yzri7XTkM).

Did you notice only google play icon at the end? Why do you think? Delay…

Market share android: 75%, market share IoS 23%. Anyways we could discuss this forever today. We will see what will happen during the next days.

I have been invested in Hugo with small amounts on two occasions. Somehow I managed to get out in the green on both occasions. I have followed them a little for the last 2 years, and not one of the many releases I have witnessed has turned a profit. Their guiding has always been too optimistic, not only when it comes to revenue but also to release dates and sales expectations.
The launch of DoD seems to have gone a little better, but are still only at 50k+ downloads in google play and are yet to reach higher than 143. spot in any of the markets its been launched in.

Add to this that they still have a death spiral loan where there are 2 mandatory tranches and the possibility of up to 10 more tranches. Where Formue Nord will be looking for the price of the stock to be as low as possible. I don’t trust myself to go head to head with Formue Nord and I’m staying far away from this stock until they are actually making money.

All I’m trying to say @sander, don’t invest everything you have even if you believe in the company.

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Da er Dawn of the Dragons Ascension launchet på steam.
https://store.steampowered.com/app/1145240/Dawn_of_the_Dragons_Ascension/

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Sander, how did they DJ launch go?

https://steamcharts.com/app/1145240

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Har spilt spillet en god del timer selv nå og det er ganske underholdende. De har også gjort et par ting som er veldig lure, som f.eks. at en time inn i spillet ca så går du i gang med et quest med fin reward som krever at du enten oppretter, eller joiner et guild. En veldig god smart måte å få folk i kontakt og begynne å spille sammen. Når jeg skulle velge mellom guilds så så det ut til å være et par hundre og velge mellom(riktig nok mange hvor det kun var gjerne et par personer), men tyder ihvertfall på at det er en del spillere som har spilt spillet.

Likevel, synes det virker som de ikke har brukt mye tid/penger på markedsføring.

I tillegg synes jeg også det er litt rart at når de nettopp har lansert nytt spill på steam og er live på Twitchs (som de er nå) at de spiller et helt annet spil. Til dems forsvar så er det 10 viewers så ikke mye av en promotering, men tenker at det ville vært lurt å sette fokus på egne spill, ihvertfall rett etter launch

Forøvrig er twitch kanalen dems https://www.twitch.tv/5thplanetgames

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I am enjoying the game so much that I am going to send an email to the company :wink: . Well you were right @Kalleklovn I have to admit :frowning: .It is strange that there is some kind of softlaunch for our portuguese/brasilian friends, but no real world wide launch. The game is playable, but still nothing is launched. Hope they give an update very soon… . It should be launched before the holliday season.

"COPENHAGEN, November 5th, 2019: 5th Planet Games A/S (OAX: FIVEPG) has a clear ambition of becoming a profitable company. But we must also admit that so far, we have failed in delivering profitability, including in Q4, 2019 due to a disappointing performance of Dawn of the Dragons: Ascension.

We have therefore decided to cut our cost base significantly. The logic is as follows:

a. Today we are burning approximately DKK 1,700,000 per month.

In order to reduce this amount significantly, we have decided to implement the following cost-saving actions:

b. Close down our Rocklin studio, which will result in savings of DKK 800,000 per month.

c. Cut costs in our Copenhagen office, which will result in savings of DKK 150,000 per month.

When the above-mentioned initiatives in Rocklin and Copenhagen has been fully implemented, it will leave our offices with a monthly burn rate of DKK 150,000 in Copenhagen and DKK 600,000 in Berlin.

With the upcoming releases of the Doodle Jump game, currently in soft launch, in February 2020 (new date) and the Adventures of Tintin game in March 2020, we believe that we have implemented the short-term actions necessary to close this now much smaller gap between costs and revenue, and thereby reach profitability.

5th Planet Games is still in a passable position regarding liquidity and capital. As of October 31, 2019, the company has cash of DKK 5.0 million in the bank and the expectation of the future cash situation is DKK 5.3 million as per December 31st, 2019. In case of future capital needs, we still have access to additional NOK 34,218,000 as a result of our agreement with Formue Nord Fokus A/S.

Medium-term, 5th Planet Games will have the following focus:

  1. Build attractive Match-3 games in Berlin on the standard game engine that is currently being developed for the upcoming Tintin game. We have a great team of specialists in Berlin with a proven track record in other very successful companies.

  2. Acquire 3rd parties IP’s, which we have a proven track record in doing, and team up with small world-class independent 3rd party studios who are specialists within their specific category of games. This reduces both financial risk and enables us to publish many more games, as we do not need to build and run all the studios ourselves.

Long-term, 5th Planet Games will take on the role of being a consolidator within the industry. We will operate from the following philosophy:

  1. Many smaller profitable gaming companies are looking to sell their company either partly of fully.

  2. These small profitable gaming companies will typically not “move the needle” for the large companies, therefore they often have difficulties securing their exit.

  3. 5th Planet Games is an interesting match for these small gaming companies, due to our status as a publicly listed company with a management team that has experience in building scaled businesses.

  4. We see a tremendous opportunity to accelerate our growth by acquiring these sub-scale gaming companies.

  5. Today, public gaming companies are traded on an average of 16x their EBITDA.

In order to reach the next step, there are some immediate practicalities to be implemented:

  1. When closing our Rocklin studio, this has a negative impact accounting wise of approximately DKK 15.5 million impairment loss on non-current assets and consequently covered by the rules of capital loss in Danish Companies Act section 119. Therefore the company will reestablish the share capital by reducing it from DKK 25,528,601 to DKK 2,552,860.10 through a nominal share price reduction from DKK 0.50 to DKK 0.05.

  2. A shareholder announcement calling for an Extraordinary General Meeting to support the above-mentioned actions will follow soon.

As a consequence of the cost reductions at our Copenhagen office, an agreement has been made with CFO Anders Søgaard who will leave the company. Furthermore, an agreement has been made with board members Jesper Theill Eriksen and Kevin Terkelsen, who will leave the board soon.

We would like to thank them all for their great effort in supporting 5th Planet Games on our journey so far.

Henrik Nielsen, CEO
5th Planet Games A/S"

https://newsweb.oslobors.no/message/488578

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Synd de får det rett og slett ikke til. Strategien med å satse på Dawn of the Dragons: Ascension med oppkjøpet av selskapet bak kunne ha lykkes, selv om jeg personlig ikke likte tittelen.

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Dette viser nok en gang at ledelsen ikke er gode nok og må si jeg blir veldig skeptisk til dette :

“Long-term, 5th Planet Games will take on the role of being a consolidator within the industry. We will operate from the following philosophy:”

Hvis ikke DJ( som er utsatt til feb 2020 ) og Tintin ( mars 2020) snur skuta så er det vel ikke mye håp. Hva tenker dere om Tintin som et match-3 spill ?

"Build attractive Match-3 games in Berlin on the standard game engine that is currently being developed for the upcoming Tintin game. "

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