In honor of the start of the stock market year, it’s time to announce a prediction competition: guess the closing price of Remedy Entertainment Oyj on December 31, 2019.
I chose Remedy as the subject because the company has generated significant interest on the forum (discussion here). Furthermore, the stage of the company’s strategy implementation is an exciting one for organizing this competition this year.
The competition closes on January 31, 2019, at 12:00 PM, at which point the thread will be locked. Participate by writing your best estimate of the closing price on that day in this thread.
According to the forum host, Evangelist Pulkkinen, “There might be something extra available at the end of the year,” meaning Inderes will provide and distribute any prizes as it sees fit.
Good luck and success to all!
Edit: I ask participants to write only one message in this thread per person. If necessary, you can edit your message until January 31, 2019. This practice will make it easier to review the results. Thank you
I’ll have to think carefully about what to answer here, as Remedy is not on my watch list. I’ll have to do a quick analysis and post the answer here before that day. I’d like an Inderes t-shirt please
Control will be released in Q3 and sell over 2.5 million by the end of the year. In addition, Crossfire HD is expected to generate more pleasant royalties.
The good reviews and promising sales of Control, which will be available for the Christmas market, will increase its value, but for the most part, this will not materialize until early 2020. Therefore, I predict that the stock price will rise to 9.35 euros by the end of 2019/2020 and continue to rise at least slightly even after that.
Control will be released in late autumn and will do well in reviews and Christmas sales. This would already be reflected in the year-end price, so let’s optimistically guess 16.31
