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Monster Hunter World News - The Financial Times (subscription only - see link below) is reporting that Capcom's shares dropped nearly 13% on the same day that the company announced the PC release date for Monster Hunter World. The drop came after Bank of America Merrill Lynch downgraded Capcom's stock rating to "underperforming". The company cited "significant risk of sales decline" for Monster Hunter World just a month ahead of the Steam release.
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And afterwards, Capcom will have DMC5 and RE2 Remake to boost profits. Capcom are gods right now.
"We all do the best we can based on life experience, point of view, and our ability to believe in ourselves." - Naropa "We don't see things as they are, we see them as we are." SR Covey
What that report says, which was prepared for 1 month before but they decided to release it 2 days after announcing this game comes on PC (strange right !?) is that the sales have declined in April compared to Jan, Feb and March which is very obvious to happen so due to multiple reasons..
The most important one is that gamers are very familiar with promotions and discounts (Summer sales and 3 months after games are released, there is almost always a promotion).
Based on my estimations, they have sold 3-4 more millions copies in the summer discounts on PS and Xbox and they will probably sell 10 million copies on PC by the end of the year which brings their may estimated revenue for 2018 (the one the report is based on) 40% under my expectation for end of the year.
Now absolutely the price per share is overevaluated at this point and it should be in the range of the current drop but not due to this article... This drop should have happened roughly 1 week AFTER the announcement of the amount of copies sold.
I am writing this because I am also an investor in Capcom and I am a bit more documented than the content creators for this particuler title.
have played a few hundred hours of it i can tell you its well worth 60 usd
The market is jumpy right now, everyone is watching for the inevitible correction which is coming.
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