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Super Adventure Boxing
(11-06-2012, 04:56 PM)
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THQ's stock drops 50% after earnings implosion, [Tanks 22%+ again, worth $7.95M]
#1
https://www.google.com/finance?client=ob&q=NASDAQ:THQI
Note: If this value seems higher than before, remember that they did a 10:1 reverse split, so it's actually equivalent to being ~$0.16 before. The company is currently worth ~$10 million, which is probably about a third of the budget of a single one of their games.
Last edited by Nirolak; 11-06-2012 at 09:58 PM.
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Member
(11-06-2012, 05:00 PM)
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#13
Nintendo isn't dumb enough to blow their money on something that will lose them money. They should think about some IP and studio acquisitions (Darksiders?)
Oh and I said THQ wouldn't make it through the end of next year, well now I'm not sure they will make it through the middle of next year. |
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Member
(11-06-2012, 05:02 PM)
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#19
I really don't even know what games they have on the horizon right now. Is that Saints Row 3 expansion/sequel still in the works? I know they canned that Insanity game and have said they are done with Red Faction. What's the next release THQ has lined up? It seems like it may be worth buying just as some sort of historical document.
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Super Adventure Boxing
(11-06-2012, 05:03 PM)
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#29
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Junior Member
(11-06-2012, 05:04 PM)
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#33
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To hell with Bono,
here's a worthy cause. (11-06-2012, 05:04 PM)
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#34
Why could this not have been EA?
Scoop them up DISNEY! |
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I have assigned to you one day for each year its punishment will last.
(11-06-2012, 05:05 PM)
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#37
Yes, I know - but they made claims they would have an even bigger presence after their rebranding. I mean, what about their studio in Montreal working on the AC guy's new game?
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A bitter, cynical, safe moist as dude
(11-06-2012, 05:05 PM)
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#40
To slightly modify the Darksiders 2 OT title: After the console war comes death.
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Super Adventure Boxing
(11-06-2012, 05:05 PM)
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#41
At least $100 million, but we're looking at a bunch of bad debt from licensing fees as well.
I'm not sure if that's been written off already though. I think the $100 million is the only capitalized debt however, so that might be the only extra part someone who buys them would have to pay.
They just don't have the money to try and turn themselves around anymore. The publishers who take up their brands and studios in the liquidation sale will probably be quite happy.
Last edited by Nirolak; 11-06-2012 at 05:08 PM.
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Member
(11-06-2012, 05:07 PM)
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#46
Nobody will buy them outright, there's no point in doing that. Easier to wait till they go completely bankrupt then shop for their valuable IPs. Kind of like WB did with Midway.
THQ's fate is pretty sad considering they have a few successful brands and they still couldn't save themselves... |
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Member
(11-06-2012, 05:08 PM)
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#48
How did this happen? I remember the time when they made good profits with movie license games and lots of casual games. I understand the industry was tough for them (casuals moving to smart phones), but still...
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