MikaWirtanen

Rovio Entertainment Oyj buy idea, R0F

Long
FWB:R0F   ROVIO ENTERTAINMENT OYJ
I expect Rovio's positive development to continue, as preliminary data Q4 looks promising. The company also clarifies strategic cooperation with the Japanese company NTT DOCOMO . The market price for the Company's share therefore seems to be cheap and the rise towards the listing price is strengthening, says Stargames brand research office.

https://stargames.fi/smf/index.php?topic...
Comment: It was interesting to follow a small trip to Rovio's course development. We are now technically close to a more steady and linear share price trend than at the end of last year. Price expectations were between 6.5 and 8 euros, depending on brexit effects. Success for everyone who followed and participated. My research will follow the development of Stargames brand in the future. Good luck!

Comments

Thank you for sharing. I'd like to know what makes you think of Rovio's positive development? It doesn't seem like that to me.
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MikaWirtanen ForecastCity
@ForecastCity, Are you insider or do you think about stock development or something else?
I think, absolute numbers are strong enough. The company is not a techno bubble but is able to make a positive result. Similarly, strategic cooperation with the Japanese company NTT DOCOM, which is at the forefront of the region's gaming world, has now started. There's plenty of potential. I also think that Rovio has good and skilled personnel. In the previous year's Games segment, internal sales and advertising sales totaled 248 Meur and Brand segment licensing revenue of about 49 Meur. Have also distributed a dividend. I think the share price is really low and I expect the price to rise between 6.5 and 8 Eur / share depending on the brex variations.
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