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Konami shares drop after MGS4 delay

Konami shares drop after MGS4 delay

Ouch - looks like Snake has got hold of a decent portion of his shares!

Oh dear. Just yesterday we posted the news that Metal Gear Solid 4 had been delayed and almost straight away the effect is being felt by Konami.

The delay, which has come because Konami is trying to get the game up to a mirror-polish before release, has pushed the game back from a late-December/Q1 2008 release to a Q2 2008 release which means the earliest we see the game could be the end of March next year.

The effect of that delay is having some serious repercussions for Konami and the share prices of the company have fallen by nearly 7%, reaching an all-time low of 3,160 Yen according to Bloomberg. The reason is that the delay has pushed the release date out of this financial year and into the next.

Or, in layman’s terms, the game isn't going to make anyone any money this year.

Now, odd as it may sound this may yet make good news for any gamers who want to put their moolah on the line because, if my understanding of shares is correct, then you'll be able to reap a tidy profit next year when the game does come out and inevitably sells by the boatload regardless.

Think the game is worth a punt on the market? Let us know if you give it a go and tell us your thoughts in the forums.

6 Comments

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sandys 1st November 2007, 11:56 Quote
Not suprising, their games are late and the ones that are out show that there developers aren't cutting it. I bet the shares drop has nowt to do with MGS4 but the fact that the other big title they dropped this week is pathetic, as much as I enjoy Pro Evo 08 it is a shambles compared to the strides EAs devs have made with Fifa 08, shame Fifa doesn't have the fun gameplay of pro evo.

Konami need to kick the devs into gear and produce quality not half hearted shite thats just a cash in.

I should note I actually do really enjoy PES2008 despite its issues (looks and feels like a PS2 port, with slow down perfectly emulated ) but a lot of people can't look past the issues and are being sent towards Fifa for a good soccer game.
mmorgue 1st November 2007, 13:14 Quote
Quote:
Originally Posted by sandys
Konami need to kick the devs into gear and produce quality not half hearted shite thats just a cash in.

That's a bit harsh isn't it? From what I've seen of the trailers and in-game demos of MGS4, *none* of it looked like half hearted shite. To me a huge amount of effort, time and skill had/has gone into the game.

"Half-hearted shite" and "complex techincal obstacles" such as reliable network code for multiplayer are two different things. :|
sandys 1st November 2007, 13:20 Quote
Quote:
Originally Posted by mmorgue
That's a bit harsh isn't it? From what I've seen of the trailers and in-game demos of MGS4, *none* of it looked like half hearted shite. To me a huge amount of effort, time and skill had/has gone into the game.

Reference was more related to PES2008 rather the MGS4, I can't really comment on MGS4 until its out.
Quote:
Originally Posted by mmorgue
"Half-hearted shite" and "complex techincal obstacles" such as reliable network code for multiplayer are two different things. :|

PES6 on PS2 came out a very long time ago, the network code should have improved by now and the game should be a lot better than it is, when Seabass holds a press conference about the game (PES2008) and spends his time apologizing for how bad it is and promises to fix it for 2009 you know they are ashamed, they should have held it back rather than worry about the fact that Fifa might get all the sales, releasing the game as they have done just makes them look crap and doesn't really give you much incentive to even trust they could get a decent varient out of the door next time.
DXR_13KE 1st November 2007, 13:40 Quote
i think i am going to try to get hold of some konami shares......
cjoyce1980 1st November 2007, 14:15 Quote
360 verison of MGS4 (which we all know is coming) would boost shares and sales, just need the announcement now......
devdevil85 2nd November 2007, 00:01 Quote
I will be very surprised if it comes to 360 considering this late in the game they haven't stated it......secondly the previous MGS didn't go over very well from what I have heard......
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