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Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this. also t

Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this. also this is just follow-up to a previous announcement where they announced 5 projects in various stages of development on top of info about the CP2077 expansion: https://ftw.usatoday.com/2022/10/cd-projekt-red-witcher-cyberpunk https://ftw.usatoday.com/2022/10/cd-projekt-red-witcher-cybe...

agilob 4y ago
They couldn't deliver 1 good project CP77, but now committing to 5 at around the same time? You said: >Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this. but the link claims: >On Tuesday, CD Projekt Red announced five all-new games currently in development at the studio Their stock price is near 5 year low, how can they afford it?
- 988747 4y ago
  > Their stock price is near 5 year low, how can they afford it? Stock price has nothing to do with how much money CDPR has in their bank accounts. Stock trading is basically a public opinion poll on the future of the company, but not a penny from those trades actually goes to company accounts.
  - coredog64 4y ago
    Not entirely true. An equity price in the toilet means you might have to borrow money if you need a big chunk. It also weakens your ability to use stocks to pay employees which in turn requires additional cash outlays. TL;DR: Companies still depend on equities as a funding mechanism.
  - agilob 4y ago
    and if a company is trading low, their trust is also low, am I wrong? They would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash. nevertheless, I didn't mean they can't fund it because of low stock price, they got lots of free money from Polish government development fund, but CDPR delivered only 4 big games and only 2 were big hits, The Witcher and The Witcher 3. CP77 sold in many copies, I have one too, but I'm not buying them unless they prove it's worth the price. They completely lost my trust and employees with internal knowledge, who were committed to make Witchers a success story. Previously delivering 2 (or 3) good games, having stock prices high during that time, getting free money from development fund vs now stock price low, trust in company and their quality dropped, 5 projects in progress? Aren't they shooting too high?
    - airstrike 4y ago
      "Trust" is a broad term, so not the one I would use. It's more about expectations of future dividends (and expectations of other market participants' expectations of future dividends, and that goes on until some Nth derivative of the stock's underlying value, also because "growth" is a derivative of "future dividends") Nearly every stock in Tech is down a lot this year. High growth, low profitability stocks are generally underwater. You'd have to compare their stock to similar companies to see if they are down more or less than those comparable peers.
    - 988747 4y ago
      > hey would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash. My take on that is that with Witcher games and even with Cyberpunk they made a lot of money. In fact they made the amounts not often seen in Polish economy (I think at some point they were most valuable company in Poland). They should have a lot of cash saved, no need to borrow money. EDIT: In fact I did find the info about their cash reserves and they are about $220M, which might not seem much from US perspective, but in Poland it is equivalent to their 3 years expenses.
- jvanderbot 4y ago
  >Their stock price is near 5 year low, how can they afford it? It's new to me that the company makes its money selling its stock, not games.
  - badpun 4y ago
    Have you heard of Elon Musk?
- viraptor 4y ago
  I don't have much info any their organisation and teams, but it may not be a bad idea. Adding people to IT projects beyond some threshold doesn't really make them faster and spreading the risk across 5 projects may be better than going all-in with one.
- beezlebroxxxxxx 4y ago
  Cyberpunk sold 20 million copies. The game was a critical disaster, to a certain extent, but was financially successful for the studio in the long run. The Witcher 3 in 2020 alone sold 30 million copies, so they're hardly hurting for cash. Also "currently in development" does not mean every game is getting equal resources, or that each game is in the same stage of development.
- deleted 4y ago
  [deleted]
- tester756 4y ago
  >Their stock price is near 5 year low, how can they afford it? It recently went up almost 50%. Like 2 months ago their price was around 77-80 Now it is around 120~ I expect (I bet my money on) it to be around 150 around december/january

agilob 4y ago

They couldn't deliver 1 good project CP77, but now committing to 5 at around the same time? You said: >Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this. but the link claims: >On Tuesday, CD Projekt Red announced five all-new games currently in development at the studio Their stock price is near 5 year low, how can they afford it?

988747 4y ago
> Their stock price is near 5 year low, how can they afford it? Stock price has nothing to do with how much money CDPR has in their bank accounts. Stock trading is basically a public opinion poll on the future of the company, but not a penny from those trades actually goes to company accounts.
- coredog64 4y ago
  Not entirely true. An equity price in the toilet means you might have to borrow money if you need a big chunk. It also weakens your ability to use stocks to pay employees which in turn requires additional cash outlays. TL;DR: Companies still depend on equities as a funding mechanism.
- agilob 4y ago
  and if a company is trading low, their trust is also low, am I wrong? They would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash. nevertheless, I didn't mean they can't fund it because of low stock price, they got lots of free money from Polish government development fund, but CDPR delivered only 4 big games and only 2 were big hits, The Witcher and The Witcher 3. CP77 sold in many copies, I have one too, but I'm not buying them unless they prove it's worth the price. They completely lost my trust and employees with internal knowledge, who were committed to make Witchers a success story. Previously delivering 2 (or 3) good games, having stock prices high during that time, getting free money from development fund vs now stock price low, trust in company and their quality dropped, 5 projects in progress? Aren't they shooting too high?
  - airstrike 4y ago
    "Trust" is a broad term, so not the one I would use. It's more about expectations of future dividends (and expectations of other market participants' expectations of future dividends, and that goes on until some Nth derivative of the stock's underlying value, also because "growth" is a derivative of "future dividends") Nearly every stock in Tech is down a lot this year. High growth, low profitability stocks are generally underwater. You'd have to compare their stock to similar companies to see if they are down more or less than those comparable peers.
  - 988747 4y ago
    > hey would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash. My take on that is that with Witcher games and even with Cyberpunk they made a lot of money. In fact they made the amounts not often seen in Polish economy (I think at some point they were most valuable company in Poland). They should have a lot of cash saved, no need to borrow money. EDIT: In fact I did find the info about their cash reserves and they are about $220M, which might not seem much from US perspective, but in Poland it is equivalent to their 3 years expenses.
jvanderbot 4y ago
>Their stock price is near 5 year low, how can they afford it? It's new to me that the company makes its money selling its stock, not games.
- badpun 4y ago
  Have you heard of Elon Musk?
viraptor 4y ago
I don't have much info any their organisation and teams, but it may not be a bad idea. Adding people to IT projects beyond some threshold doesn't really make them faster and spreading the risk across 5 projects may be better than going all-in with one.
beezlebroxxxxxx 4y ago
Cyberpunk sold 20 million copies. The game was a critical disaster, to a certain extent, but was financially successful for the studio in the long run. The Witcher 3 in 2020 alone sold 30 million copies, so they're hardly hurting for cash. Also "currently in development" does not mean every game is getting equal resources, or that each game is in the same stage of development.
deleted 4y ago
[deleted]
tester756 4y ago
>Their stock price is near 5 year low, how can they afford it? It recently went up almost 50%. Like 2 months ago their price was around 77-80 Now it is around 120~ I expect (I bet my money on) it to be around 150 around december/january