Diskusjon Triggere Porteføljer Aksjonærlister

Embracer Group AB (EMBRAC B)

Samtidig kommer vel satisfactory straks på steam også?

Ja . Dette er jo hva CS har sagt :wink:

" So, I predict Steam launch at 5pm GMT on Tuesday, 2020 .”"

Lo litt av den.

på Steam Release FAQ sier de.

When will Satisfactory be released on Steam?

We don’t have a release date set in stone just yet. There are still a few things that needs to be implemented for us to be able to release it on the steam platform.

Currently we’re guesstimating the game to be available on steam sometime in May, but anything can happen really.

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Men med Satisfactory + Snowrunner og spongebob i Q2. Så blir det nok fine tall da også.

Glöm inte Saintsrow 3 remastern 22 maj också.

https://www.amazon.co.uk/gp/new-releases/videogames/13978348031

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Noen som har laget en liste for q2 ? MotoGP20 kommer 23.april.

Maneater 22 april.

Er det ikke litt risky å gi ut aaa spill uten full mediadekning for tiden?

Vad tänker du på för titel?

Jeg tenker mer generelt nå om det er lurere å utsette spillreleaser litt til verden er litt mere tilbake til normalen? digitalt går jo bra, men retail sliter litt for tida. Så det blir en avveining og utsetter for mange skal alle plutselig gi ut spillene sine samtidig når corona er “over” for denne gang.

Tok en passelig stor post som jeg er komfortabel med å sitte over påske. Ser ikke bort ifra at den må snittes ned ved en senere anledning.

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Reklame er billig nå, så det er gode tider for å bombe nett med reklame.

Er vel ingen AAA spill pågang i Q2 for Embracer uansett.

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Tror det blir mange lanseringer de siste 3-4 månedene av 2020 så mindre spill vil nok slite med å få oppmerksomhet. Stor økning i digitalt salg veier nok opp for det man mister av salg gjennom butikker. Lars W. sa vel også at selv om det var mindre salg i butikker var fysisk salg gjennom nettbutikker opp.

Hvis du angrer har du mulighet til å selge den i morgen :wink:

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Blir nok tett med AAA titler fra Thanksgiving og ut året pga ny PS og Xbox.

Also this.

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Jeg driver å lager et mega excel ark med ALLE embracer releaser iår, om noen vil bidra. send meg PM.

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Pareto har en bra start i sina rapporter :video_game:

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very nice!

Takk.

Haha helt galet

Oppdatering fra Pareto, full rapport der.

Kjøp på 129!.

Focus on Q1 2020/21E and M&A

As Embracer has guided for Q4 2019/20 revenue of SEK 1,260-1,350m in connection with the COVID-19 update, and with a favourable revenue mix, operational EBIT should be fairly in line with both our and consensus expectations. Meanwhile, we expect intense news flow going forward, as we forecast five mid-sized projects to be released in Q1 2020/21 and that further M&A in the short term is highly likely as an additional SEK 1.65bn has been recently raised and management is as upbeat as ever on its M&A prospects. We reiterate our Buy rating with a slightly raised target price of SEK 129 (128). The Q4 2019/20 results are due out 20 May.

Q4 2019/20 preview – results already well guided for

We expect group revenue of SEK 1,300m for fiscal Q4 2019/20, with operational EBIT of SEK 280m, down 29% y/y as Metro Exodus was released in calendar Q1 2019. We estimate the group operational EBIT margin for the quarter at 21.5% (24.3%). Even though we have lowered our revenue estimate for Q4 2019/20 by 3.5% we have raised our operational EBIT estimate by 7%, as we have raised high-margin Games revenue and lowered low-margin Partner Publishing revenue.

M&A gun reloaded – let’s start hunting again

Activity regarding M&A is currently high with several discussions ongoing across all group areas as the company has noticed an increased willingness to join the group following the acquisition of Saber Interactive. As an additional SEK 1.65bn has been recently raised, and there is the opportunity to issue additional equity in kind, we find it very likely that Embracer will be able to sign new deals, small or large, before the summer given how upbeat management is on its M&A prospects.

Buy reiterated with a slightly higher target price of SEK 129 (128)

Our target price of SEK 129 is based on 19x average EV/EBIT 2020/21E-2021/22E, reflecting a growth and M&A premium to Western majors.

[Contact analyst(s)](mailto:lars-ola.hellstrom@paretosec.com ?subject=Ref: Embracer Group - Focus on Q1 2020/21E and M&A - Update&cc=)
Analyst(s):

Lars-Ola Hellstrom, +46 8 402 5277, lars-ola.hellstrom@paretosec.com

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