Release date set for 9th of February.
I like and own CI Games, but have discounted this game at zero. So any success will just add to the story. The big trigger in this stock is the release of Sniper Ghost Warrior 3 - beta is out at the end of next week and the full game is set for release in April.
http://cigames.com/app/uploads/2017/01/CR_02_2017.pdf
Current shares trading at around PLN28 will be trading at PLN2.8 after split.
I have a small position in CI Games with the view that Sniper Ghost Warrior 3, planed for release in April, will be a success.
Another gameplay video has been released for the game which is looking very promising. I think it will be a huge consol-hit and as such CI Games (listed in Poland) is cheap here.
Article: http://in.reuters.com/article/idINFWN1EA0DI
Like the UK, Poland has subsisdes for the high tech industry. CI Games has applied and received such a grant.
Stock is up about 5%.
In an interview (http://www.doyouevengamebro.net/we-talk-sniper-ghost-warrior-3-with-senior-level-designer-tomasz-pruski/) with CI Games' senior level designer it was confirmed that Sniper Ghost Warrior 3 will have multiplayer.
As previously confirmed the game will be open world.
The campaign will take about 30 hours to complete.
Moreover, the development budget for the game is 7x that of its predecessor. Something for the 6.6 million owners of the series to look forward to.
The CFO of CI Games, Mr. Adam Pieniacki, bought 15,000 shares on November 18th.
As mentioned earlier CI Games is issuing new equity to raise cash for the marketing of Sniper Ghost Warrior 3. The issues equals a dilution of about 8% and was done at PLN22.7 which triggered a fall in share price from PLN28 to PLN24.
CI Games reported revenue of PLN6.2m in Q3, compared to PLN4.1m the previous year.
I was not expected any growth in revenues as the only reason I own the company is the release of Sniper Ghost Warrior 3 in April next year. So I am actually impressed by them growing revenues without any major titles out.
But the company is issuing 1.1m new shares (7,9% dilution) to be used for the purpose of marketing Sniper Ghost Warrior 3. This explains why the stock is down about 7% today. All information was in Polish so I am relying on google translate here, but my understanding is that the exact details of the issuance will be released tomorrow.
CI Games and Paradox are each about 10% of my portfolio at the moment while the remaining 80% is Frontier Developments.
On the Sniper Ghost Warrior 3 twitter account there has recently been some really cool footage posted. I only play a few games myself but this looks like it could be one of those games.
Cool in-game drone footage: https://twitter.com/SGW3Game/status/797206458563751936
Very nice looking landscape footage: https://twitter.com/SGW3Game/status/795664910776762372
CI Games just released an update telling us that the release date of SGW3 is being pushed back from January to April. The reason:
CI Games has received excellent feedback from hands-on sessions with press, streamers and fans, and as a result, want to offer its supporters more features in the game for launch.
We’re making an ambitious game and unfortunately still need an extra few months to make sure it will stand up to the expectations of the fans. - Marek Tymiński, CEO of CI Games
CI Games is the smallest position in my portfolio and probably the riskiest. It is more of a bet on SGW3 being a success - which I still believe it will be. It is a AAA-title with over 6.6 million copies sold of 1 & 2 and the demos I have seen look very promising.