Sources:
https://www.stockwatch.pl/wiadomosci/przecenione-akcje-cd-projektu-kusza-maklerow,akcje,229571
https://www.gry-online.pl/S013.asp?ID=112143
https://www.cdprojekt.com/en/wp-con...projekt-group-teleconference-transcript-1.pdf
Extremely bold claims considering not everyone can do what Rockstar does. Hope it lives up to the hype.
https://www.stockwatch.pl/wiadomosci/przecenione-akcje-cd-projektu-kusza-maklerow,akcje,229571
https://www.gry-online.pl/S013.asp?ID=112143
https://www.cdprojekt.com/en/wp-con...projekt-group-teleconference-transcript-1.pdf
The brokerage house Vestor DM revealed that CD Projekt RED's new title - a long-awaited, futuristic RPG Cyberpunk 2077 game - is to be equally polished, like Rockstar Games' megahit Red Dead Redemption II, released in October. This information was included in the report made available on November 15, but its real source is a conference call with the participation of the developer.
At the teleconference, the management confirmed that the quality remains the absolute priority for CD Projekt and Cyberpunk 2077 will be no less polished than RDR2.
The brokerage house maintains the belief that Cyberpunk 2077 will sell 19 million copies in its first quarter. These are incredibly ambitious predictions, putting the Polish developer in a row with a company that currently does not really have competition in our industry. Rockstar functions in its own elite league. However, the expert consistently compares the Polish game to RDR2 and believes that such results should be expected from it. The author of the report also notes that there is no justification for such strong declines in the domestic company's course that we have recently faced.
Vestor DM say: We maintain the assumption of a debut in Q4'19 [it can not be ruled out that it is the fourth quarter of the fiscal year, i.e. in fact Q1 2020 - perm. aut.], sale of 19 million copies in the first quarter of the premiere and revenues of 1.9 billion zlotys (525 million USD).
Since the release of our previous recommendation, the price of CD Projekt shares fell by 33%. [...]. We believe that this is not fundamentally justified. The great debut of Red Dead Redemption 2 in October (gross sale of 725 million USD in 3 days) shows in our opinion the market potential of AAA titles such as Cyberpunk
Extremely bold claims considering not everyone can do what Rockstar does. Hope it lives up to the hype.
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