Bloober Team

$BLO (-0,7%)

Bloober Team releases a new trailer for the Silent Hill 2 remake, showing new combat scenes and a dark atmosphere. The remake promises modernized graphics and controls while preserving the iconic story and horror of the original.

Anyone familiar with Bloober Team's games will know that this is a huge improvement in gameplay.

I'm excited for the future. Despite today's volatility, I'm still 90% up, so if we see the 5 euros again I'll buy again.

https://www.youtube.com/watch?v=hqTjbZwBGDA

$BLO (-0,7%)

Bloober Team buys the rights to another project.

https://ir.blooberteam.com/2023/10/20/bloober-team-nabyl-prawa-do-projektu-f/

$BLO (-0,7%) is expanding its VR market. After taking a majority stake in Played with fire, a VR development studio, Bloober has now reached an agreement with $META (+0,03%) for the development of the project under the pet name "Project 1." They will receive "significant financial support" and will be assisted by Meta in promotional activities as part of the agreement.

I think Bloober has been moving in the right direction since my investment 2 years ago. The step now to enter the VR market is important and right in my opinion. With Meta they have a strong partner. I believe that Tencent with their 22% stake in the company act as a network. First the cooperation with Konami for the development of Silent Hill 2. Then the cooperation with Take Two for the project under the nickname Project 2. Then dwr advance into the streaming market. I'm excited to see how the series become the IPs, because the stories of the games are unique. The gameplay is supposed to change. The CEO talks about a fundamental change with more action and more content.

I'm excited to see where the journey with Bloober goes. I am over 100% with my position in Plus and will continue to hold. I am convinced that Bloober can expand their niche market.

Source: https://ir.blooberteam.com/2023/09/08/bloober-team-mocno-uderza-w-rynek-vr/ (2023)

$BLO (-0,7%) with new all-time high 🚀

Bloober Team acquires 53.27% of the shares in Played With Fire sp. a Polish VR studio. With this, Bloober wants to participate in the growing VR market and implement their new more aggressive strategy.

I'm excited to see how Bloober will design their next games. They have taken on board the criticism of monotonous games aimed at a very small niche segment. They want to bring more action and variety to the games, significantly increasing the market potential.

The pipeline has continued to expand with several games thereby also partnering Take Two and Konami. I think that Tencent with a 20% stake in the company allows a variety of contacts . There are also series planned for the games to draw more attention to the IPs. I think if the series are implemented well, then this could be surprisingly successful, because the stories of the games are often very fascinating and unique.

In addition, Bloober will soon be listed on the Warsaw Stock Exchange and thus a revaluation will take place.

I am almost 80% up with my position and I will continue to hold as I believe the company has enormous potential to grow. However, one should not underestimate the risk in case stocks go bad as one has seen with $CDR (-0,55%) has seen.

Source: https://ir.blooberteam.com/2023/08/09/bloober-team-zostal-glownym-udzialowcem-w-polskim-studiu-vr/

Bloober Team achieved excellent financial results in 2022 despite a lack of disclosures.

The company has achieved net sales of PLN 84.8 million and a net profit of PLN 16.5 million. achieved.

At the Games Invest Forum conference, the company presented its strategy for 2023-2027 presented, which aims to become the world leader in horror.

The company is currently working on two major productions and is cooperating with various partners.

There are also plans to open new locations and move to the main stock exchange.

Source: https://ir.blooberteam.com/2023/03/21/bloober-team-prezentuje-raport-za-2022-rok-rozpoczynajac-15-rok-dzialalnosci/ (2023)

(No investment advice)

In recent weeks, the share price of Bloober Team has experienced an enormous increase of 80% experienced. The question now is what will happen next with the company and the stock. In this blog post, I would like to point out and analyze some possible future developments for Bloober Team.

Events

• Series and movies related to the games. Bloober Team has published several successful games in the past, including Layers of Fear and The Medium. The company has announced that there are plans to make series and movies based on these titles. If this is successful, it could cause the stock to rise further. However, the implementation of films and series is a lengthy process, and it is uncertain whether it will actually come to fruition.
• Layers of Fear Another positive factor for Bloober Team is the imminent release of Layers of Fear. The game is expected to be released in June 2023. If the game is well-received, this could provide another boost to the stock.
• Silent Hill Another promising project for Bloober Team is its collaboration with Konami on a new Silent Hill game. The game is scheduled for release late this year or early 2023 and is highly anticipated. If the game is a success, this could provide further upside for the stock.
• At least two other games in development In addition to Silent Hill, Bloober Team is working on at least two other games. Details about these games are not yet known, but if they are successful, they could cause a further rise in the stock.
• Listing on the Warsaw Stock Exchange Bloober Team has announced that it plans to list on the Warsaw Stock Exchange. This could increase investor interest in the stock and provide further upside.

https://ir.blooberteam.com/ (2023)

Valuation

P/E RATIO: 20.94

KUV: 6.46

Market capitalization: 105 Mio

Price/cash flow ratio: 21.90

https://de.tradingview.com/symbols/NEWCONNECT-BLO/financials-overview/ (2023)

Conclusion

In summary, there are many positive developments for Bloober Team in the near future that could cause the stock to rise further. However, there are also risks and uncertain factors that should not be ignored. Investors should therefore carefully consider whether to invest in Bloober Team.

It is also positive to see that the CEO increased his stake in Bloober Team by 5.9%. This can be seen as a vote of confidence by management in the future prospects of the company and may boost investor confidence.

Sources:

https://ir.blooberteam.com/ (2023)

https://www.money.pl/gielda/spolki-gpw/plblobr00014,finanse.html (2023)

https://de.marketscreener.com/kurs/aktie/BLOOBER-TEAM-SA-47419042/fundamentals/ (2023)

https://www.blooberteam.com/ (2023)

(No investment advice and no guarantee of completeness)

Small update to Bloober Team:

• Bloober Team considers sequels to Observer and The Medium
• Polish game studio Bloober Team has joined the prestigious client group of CAA, the largest talent agency in the world. As part of the cooperation, the Hollywood giant will represent Bloober Team. So probably soon Series to the titles.
• The Silent Hill Remake comes out this year
• Bloober goes to the Warsaw Stock Exchange
• There are currently at least 2 unannounced games

Source: https://ir.blooberteam.com/

$BLO (-0,7%)

• "Bloober Team's Board of Directors will recommend to shareholders at the next Annual General Meeting to list the company's shares on the main market of the Warsaw Stock Exchange Stock Exchange."
  
• A TV series based on the game The Medium is creatively supervised by Tomasz Bagiński and Piotr Babieno
• "NewConnect listed companies often do not have appropriate valuations in relation to their real value"

Listing on the Warsaw Stock Exchange is a good and right step to bring Blooder Team's valuation to an appropriate level.

Source: https://ir.blooberteam.com/2022/12/22/bloober-team-w-drodze-na-glowny-parkiet-gpw/ (22.12.2022)

Bloober Team reports the best result in the company's history. "Over 24.3 million PLN turnover and 9.5 million PLN net profit were generated by Bloober Team in the third quarter of 2022." The profit even increased by 156 % compared to the same period last year.

In the coming months, Bloober Team plans to enter the mainstream. In early 2023, the Silent Hill 2 remake is scheduled for release.

Sources: https://ir.blooberteam.com/wp-content/uploads/2022/11/Bloober_Team_raport_Q3_2022-0.pdf (14.11.2022)

https://ir.blooberteam.com/2022/11/14/najlepszy-kwartal-w-historii-bloober-team/ (14.11.2022)

The Silent Hill 2 remake has now been officially confirmed by Konami and it will be developed by Bloober Team.

https://www.youtube.com/watch?v=pyC_qiW_4ZY

Source: https://blog.de.playstation.com/2022/10/20/silent-hill-2-remake-enthuellt-erste-details-zum-gameplay-und-zu-designaenderungen-angekuendigt/ (2022)