[Infostock Daily= Reporter An Hoe Hyun] IBK Securities predicted that Com2uS will have full-fledged new game momentum from 4Q. The investment opinion remained 'BUY' and the target stock price remained at 170,000 won, respectively.
IBK Securities said on the 15th, "Com2uS’ 'Summoners war: Lost Centuria' momentum is expected to start in earnest from the fourth quarter," predicting, "The preliminary round for the 'Summoners war World Arena Championship 2020(SWC2020)' started last month, and the marketing effect will be maximized as the company plans to conduct a large-scale global Closed Beta Test(CBT) of the Summoners war: Lost Centuria in November."
Analysts say more than two Com2uS games will be released in the global market next year. "First of all, it is expected that the Summoners war: Lost Centuria will be released in February next year after the CBT in November," the company said, adding, "Since it is expected to lead to a pre-booking after the large-scale CBT at the SWC2020, the momentum for the new game is expected to be strengthened before the release of the game."
Sales are expected to rise 30.8% year-on-year to 685.1 billion won and operating profit to 195.6 billion won, respectively.
"As it recorded the largest number of daily active users(DAU) through the Summoners war 6th anniversary event in the second quarter, sales of existing games will be solid and new sales related to Summoners war will be added," the researcher Lee said, adding, "With the COVID-19 effect this year, the Western mobile game market has grown, raising the possibility of success of a new game related to Summoners war Intellectual Property(IP) to be released next year."
Reporter An Hoe Hyun ahh@infostock.co.kr
