G5 Entertainment: Change in estimate for Q3
Research Note
2018-09-21
13:50
Since our last research update, about one month ago, the G5-stock is down another 18 per cent. We believe the stock has plummeted due to the drop in the top grossing list for G5s biggest game “Hidden City”. We have made some adjustments, and expect a weaker Q3 than earlier predicted. However, one somewhat weaker quarter does not change our view on the stock and the company’s future. At this time we think the stock looks cheap.
TO
Tomas Otterbeck
Disclosures and disclaimers