Konami shares drop after MGS4 delay

Written by Joe Martin

November 1, 2007 | 10:21

Tags: #delay #guns #metal-gear #mgs4 #share #snake #solid

Companies: #konami #patriot

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.
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