Nirolak
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.
shinobi602
(11-06-2012, 04:56 PM)

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#2

DUFFMCWALIN
Member
(11-06-2012, 04:57 PM)

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#3

Smells like a perfect time to buy, right guys?
Slayer-33
Liverpool-2
(11-06-2012, 04:57 PM)

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#4

El diablo lol
iceatcs
Junior Member
(11-06-2012, 04:57 PM)

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#5

Nintendo will buy it.
CrunchinJelly
formerly cjelly
(11-06-2012, 04:58 PM)

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#6

'drops 46% and climbing' seems like a weird way to phrase it.
Interrobang
Junior Member
(11-06-2012, 04:58 PM)

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#7

Kickstarter Darksiders 3.
dragonflys545
Member
(11-06-2012, 04:58 PM)

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#8

GG
Mpl90
Two copies sold? That's not a bomb guys, stop trolling!!!
(11-06-2012, 04:58 PM)

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#9

2013 is going to be THQ's last year. At least, be alive enough to release the South Park RPG. :(
Emitan
Billiechu
(11-06-2012, 04:58 PM)

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#10

Saint's Row 4 Wii U exclusive.
grimshawish
Banned
(11-06-2012, 04:59 PM)
#11

Not unexpected. They basically boarded up the windows and unplugged the telephones whilst putting a sign on their front door proclaiming:

"Everything is fine. We'll be back in 6 months."

; and a for sale sign just above it.
herod
Member
(11-06-2012, 04:59 PM)

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#12

Originally Posted by DUFFMCWALIN: View Post
Smells like a perfect time to buy, right guys?
Paging Brera
metalslimer
Member
(11-06-2012, 05:00 PM)

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#13

Originally Posted by iceatcs: View Post
Nintendo will buy it.
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.
fabricated backlash
Member
(11-06-2012, 05:00 PM)

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#14

I swear if they fuck up Metro LL I'm going Berserk.

This company is just unbelievable. I'm still pissed at them killing off De Blobs developers.
bluehat9
Member
(11-06-2012, 05:00 PM)

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#15

where's brera?
SpinningBirdKick
Member
(11-06-2012, 05:01 PM)

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#16

Just posted about this in the Darksiders thread.

Stick a fork in it, it's done.
Last edited by SpinningBirdKick; 11-06-2012 at 05:06 PM.
miladesn
Member
(11-06-2012, 05:01 PM)

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#17

hope someone picks up CoH2 and Relic, don't think they will last till then.
Soka
Member
(11-06-2012, 05:01 PM)

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#18

Nintendo, buy all those IPs right now. Do it. Right the fuck now.

Saints Row 4, developed by Retro.
Goldenroad
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.
Jtrizzy
Junior Member
(11-06-2012, 05:02 PM)

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#20

Couldn't Matt and trey or comedy central self fund the game and find a new publisher? I'd think they easily have 30 million laying around. You'd have to think the game will be successful enough to make their money back at least.
Takao
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(11-06-2012, 05:02 PM)

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#21

$11 million? Let's start an IndieGoGo campaign to buy them.
Malvingt2
Member
(11-06-2012, 05:02 PM)

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#22

are they done?
AniHawk
Cranky. Very cranky.
Rather sarcastic to boot.
(11-06-2012, 05:02 PM)

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#23

i hope this is a clear sign to jason rubin to make more movie-games.
dwu8991
Banned
(11-06-2012, 05:02 PM)

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#24

EA presents WWE 14

Exclusive
Guerrillas in the Mist
Member
(11-06-2012, 05:02 PM)

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#25

Somebody save Relic please.
ezekial45
I have assigned to you one day for each year its punishment will last.
(11-06-2012, 05:03 PM)

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#26

Damn, that sucks. I still remember their big press event proclaiming they're going to be an industry leader.
Phoenician_Viking
Please listen.
(11-06-2012, 05:03 PM)

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#27

Damn, that´s ridiculous. Someone buy them and put them out of this fucking limbo. THQ is cheap by now.
metalslimer
Member
(11-06-2012, 05:03 PM)

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#28

Originally Posted by Malvingt2: View Post
are they done?
What's going to save them? Darksiders was one of their last gambits and that underperformed big time.
Nirolak
Super Adventure Boxing
(11-06-2012, 05:03 PM)

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#29

Originally Posted by ezekial45: View Post
Damn, that sucks. I still remember their big press event proclaiming they're going to be an industry leader.
At one point they were the third largest game publisher by revenue.

They've since ceded to position to Ubisoft and are sinking way down the chart.
miladesn
Member
(11-06-2012, 05:04 PM)

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#30

it's 47% now actually.
metalslimer
Member
(11-06-2012, 05:04 PM)

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#31

Originally Posted by Nirolak: View Post
At one point they were the third largest game publisher by revenue.
Shovelwhare emporium.
Neuromancer
The Mayuh of f'n Bawston
(11-06-2012, 05:04 PM)

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#32

I really don't want this company to die. Jason Rubin I forgive you your trespasses against me, just save THQ (and Volition.)
iceatcs
Junior Member
(11-06-2012, 05:04 PM)

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#33

Originally Posted by metalslimer: View Post
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.
I'm sure Nintendo would love South Park, Darksiders, WWE and Saint Row IP.
Smiles and Cries
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!
Emitan
Billiechu
(11-06-2012, 05:05 PM)

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#35

Originally Posted by Billiechu: View Post
Saint's Row 4 Wii U exclusive.
But seriously someone please save this game. And South Park.
tw1164
Member
(11-06-2012, 05:05 PM)

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#36

What are their debt levels like?
ezekial45
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

Originally Posted by Nirolak: View Post
At one point they were the third largest game publisher by revenue.

They've since ceded to position to Ubisoft and are sinking way down the chart.
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?
davepoobond
you can't put a price on sparks
(11-06-2012, 05:05 PM)

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#38

i think they're going to get bought out at this point and all their dev houses stripped off.
Mikor
Member
(11-06-2012, 05:05 PM)

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#39

THQ has some great IPs under its belt. Saints Row and Warhammer 40k license could be worth some $$$. Real shame.
brotkasten
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.
Nirolak
Super Adventure Boxing
(11-06-2012, 05:05 PM)

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#41

Originally Posted by tw1164: View Post
What are their debt levels like?
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.

Originally Posted by ezekial45: View Post
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?
Well, I mean, Saints Row 3 was quite successful.

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.
Derrick01
Banned
(11-06-2012, 05:06 PM)

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#42

I hope someone good can save the south park game.
Kouriozan
Member
(11-06-2012, 05:06 PM)

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#43

Wow poor guys.
I hope they won't die like that.
Keasar
Member
(11-06-2012, 05:06 PM)

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#44

The only thing I can think about is poor Relic. They can just never catch a break. :(
maquiladora
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(11-06-2012, 05:07 PM)

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#45

The past 5 years :



And the last 5 days :

Alrus
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...
kms_md
Member
(11-06-2012, 05:08 PM)

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#47

Why would anyone buy it now and incur its outstanding debt? They will be bankrupt soon enough and any valuable studios/IPs will be had for pennies on the dollar.

Edit - beaten by a minute
Neo C.
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(11-06-2012, 05:08 PM)

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#48

Originally Posted by Nirolak: View Post
At one point they were the third largest game publisher by revenue.

They've since ceded to position to Ubisoft and are sinking way down the chart.
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...
OneLetter
Irrational Community Manager
(11-06-2012, 05:09 PM)

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#49

All I can say is :(

Wishing the best to my friends at all the THQ studios.
Jhriad
Member
(11-06-2012, 05:09 PM)

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#50

Someone please save those IPs & studios. Particularly Relic & Volition.