Seems Elite Dangerous will be continued!
- Thread starter The Lawful
- Start date
And what was there in the report that ought to assure investors?
Players however probably should take Frontier's statement about Elite in a positive light. Meaning that right now their intention is to continue developing Elite. Of course that could mean investing in the game, or maybe just a low cost/level effort. It could also change in the future and the game being closed down. Still IMO positive news for ED players indicating that Frontier has the intention to continue developing the game, something they IMO ought to state more frequently.
Sorry doom posters/toobers, it's not for now but rather at some future point that your hour of glory will come.
Aren't share prices only of interest to speculators, rather than affecting the day-to-day running of a company?
Stock Market performance might only be relevant if the company attempted to raise a loan against the company value, isn't it?
Players of FD games have no control over share performance, so why worry about trading - usual story, if the company collapsed for whatever reason we couldn't play their online game(s) any longer, end of story.
Remember - some believe they are shareholders because they bought the game - gotta protect their investment.
It just tickles me that players think that share prices have a place on a game forum, when it isn't a stock market simulation game
Does the weather forecast have a bearing on sailing?
The compass does, doesn't it?
Customers are "stakeholders" - particularly so when the product depends on the state of the company.
It just tickles me that players think that share prices have a place on a game forum, when it isn't a stock market simulation game
It tickles me that people seek to belittle others for putting forward information.
Because the announcements were bad news. It is just that some here (not you, mind) struggle with corp-speak.
What they basically say is this:1) Our latest game has been a massive flop (160 people playing right now as of writing!)
2) This is the last in a string of new games that flopped
3) The only path forward is to return making the few games that consistently did well
4) We'll also continue to provide some support/development in some of our older games
Ever since EDO their strategy of releasing as many bare-bones, shallow, clunky and overall not-very-much-fun products as quickly as possible, with as little support as possible, has predictably been absolutely terrible for the company. And their statement to investors basically reads:"All our investments failed, our entire strategy has been a complete disaster , but we'll go back to doing sensible things soon pinky swear!".
That, dear cmdrs, is bad news.
I wasn't expecting anyone was going to confirm me right so fast
In the context of Powerplay, should I get the revolver and Scotch out again?
I will bet to "just a low cost/level effort" until FDev announces "REAL" road map of ED.
Yes, in certain ways we are really due a new roadmap! Not that any past ones have assured the doomers nor brought much of any information for the fans...
If they brought a roadmap they'd have to stick to it. They can't even stick to a community broadcast schedule at the mo. I'd rather they said nothing and did more, than promise stuff and underdeliver.
Why stick to a roadmap, they didn't really stick to the past ones either..
I agree that it's relevant, though it would also do well to be kept in context with the rest of the video game sector that's not been doing great since the headys of lockdown which created a massive and unsustainable demand for games that is now only getting corrected in the markets.
rootsrat
Volunteer Moderator
Or you could just see the glass as half-fullBecause the announcements were bad news. It is just that some here (not you, mind) struggle with corp-speak.
1) Our latest game has been a massive flop (160 people playing right now as of writing!)
2) This is the last in a string of new games that flopped
3) The only path forward is to return making the few games that consistently did well
4) We'll also continue to provide some support/development in some of our older games
Ever since EDO their strategy of releasing as many bare-bones, shallow, clunky and overall not-very-much-fun products as quickly as possible, with as little support as possible, has predictably been absolutely terrible for the company. And their statement to investors basically reads:"All our investments failed, our entire strategy has been a complete disaster , but we'll go back to doing sensible things soon pinky swear!".
That, dear cmdrs, is bad news.
half full of bugs lol
The most surprising thing in this Business Update for me is the metamorphosis of JWE 2 into an alleged cash cow. Didn't really expect that after the profit warning last year.
O7,
O7,