Thanks for covering this forgotten stock. Commenters are hard on it, but at these valuations it looks like such an obvious turnaround winner given they have been doing the painful work up front to become healthy again and become product focused.
I like Unity. but I was hesitant to buy Unity just because Cathie Wood had a lot of shares Unity. Dont laught at me but Cathie always brought me bad luck. Now I realize that Cathie has been significantly decreasing her ownership of Unity for the last 6 months, I think the time has come for me to start buying in Unity.
I'm not touching that company with a ten foot pole. I'm glad Riccitiello is out, but I personally don't see great opportunity for them in the future though. While I've been in the games industry for over 20 years, I've only worked in AAA console / pc and don't have strong insight into mobile. But I do know that their tech doesn't compete with Epic's offerings when you asses it's effectiveness across multiple industry applications (arch vis, automotive, 3d marketing, console and mobile games, virtual film production, etc). Not to mention the acquisition of Weta Digital in the context of the real time / metaverse narrative bubble, made no sense. Those tools likely won't scale to real time, user friendly and UGC style workflows. They are highly complex, niche software offerings which would take a significant amount of re-investment to adapt to the future of games and 3D visualization. The company seems confused to me.
I personally don't like the video game and entertainment sector (outside of Netflix which I missed at my last buy price), but I'm an insider with a pretty cynical view of most of these studios to be honest. Productions are rife with inefficiency and many studios still won't or can't adopt proven efficient pipelines (and are subsequently years behind). Leadership maturity is an issue, and the sector has just completed a race to bottom as they attempt to gobble up overpriced IP and chase high margin, long tail games as a service revenue. This industry has serious cracks in the foundation. I held Epic Games shares for a long time, but I don't like dealing with private equity. Generally speaking, the other reason I avoid them, is that my investment style in general avoids deep cyclical plays (unless I can go long with strong certainty), so I try to focus on market beating 3-5 year earnings growth, strong gross margins, growing ROE, and positive or improving total shareholder yield.
I'm pretty sure Riccitiello already ran back the runtime fee before "retiring". I don't see anything worth investing here. Bad balance sheet, losing money, negative growth trends. Valuation isn't even good.
thanks for the update - the insider is totally worth the $10
Thanks for covering this forgotten stock. Commenters are hard on it, but at these valuations it looks like such an obvious turnaround winner given they have been doing the painful work up front to become healthy again and become product focused.
Thanks for the update. Love the content of your channel.
This is the best TH-cam channel for chopsticks!!! Thank you.
Chopstick investing FTW!
@@chipstockinvestorhehe was an honest mistake but was perfect. 😅
Such a great video!! Thank you for your thorough explanation!!
I use Unity editor everyday 🙂
Are you building a game? 🙂
@chipstockinvestor I have a job that uses unity engine, but also use it in free time for my own game(s) 🙂
The nostalgic in me wishes for another arcade peak :) Love the video game graph!
I like Unity. but I was hesitant to buy Unity just because Cathie Wood had a lot of shares Unity. Dont laught at me but Cathie always brought me bad luck. Now I realize that Cathie has been significantly decreasing her ownership of Unity for the last 6 months, I think the time has come for me to start buying in Unity.
Can you guys make a video on NextDecade, thanks.
I sold a while ago after owning it for years and the stock ran up to $22. Let me know when I can buy again 😅
I'm not touching that company with a ten foot pole. I'm glad Riccitiello is out, but I personally don't see great opportunity for them in the future though. While I've been in the games industry for over 20 years, I've only worked in AAA console / pc and don't have strong insight into mobile. But I do know that their tech doesn't compete with Epic's offerings when you asses it's effectiveness across multiple industry applications (arch vis, automotive, 3d marketing, console and mobile games, virtual film production, etc). Not to mention the acquisition of Weta Digital in the context of the real time / metaverse narrative bubble, made no sense. Those tools likely won't scale to real time, user friendly and UGC style workflows. They are highly complex, niche software offerings which would take a significant amount of re-investment to adapt to the future of games and 3D visualization. The company seems confused to me.
Any stock in this sector you would recommend?
I personally don't like the video game and entertainment sector (outside of Netflix which I missed at my last buy price), but I'm an insider with a pretty cynical view of most of these studios to be honest. Productions are rife with inefficiency and many studios still won't or can't adopt proven efficient pipelines (and are subsequently years behind). Leadership maturity is an issue, and the sector has just completed a race to bottom as they attempt to gobble up overpriced IP and chase high margin, long tail games as a service revenue. This industry has serious cracks in the foundation. I held Epic Games shares for a long time, but I don't like dealing with private equity.
Generally speaking, the other reason I avoid them, is that my investment style in general avoids deep cyclical plays (unless I can go long with strong certainty), so I try to focus on market beating 3-5 year earnings growth, strong gross margins, growing ROE, and positive or improving total shareholder yield.
Appreciate you weighing in on this. Good to get some insight from within the industry!
Since you posted your video. The stock is big time down hahahah 😂😂 good timing 😅
such a garbage stock... because I own it.
I'm pretty sure Riccitiello already ran back the runtime fee before "retiring".
I don't see anything worth investing here. Bad balance sheet, losing money, negative growth trends. Valuation isn't even good.
It's a real mess! They have a number of things in need of fixing ASAP.
I was very excited about this company. They letting me down big time!
Unity destroyed their reputation. Developers are now wary of using their product. Their runtime fee terrified everyone who were tied to their product.
Nick has no HAIR! He looks cold. No hair is easy. I know he could grow an afro if he wanted to. Try harder!
Did you mean "cold," or "OLD"? I'll try harder!
@@chipstockinvestor You are over 30....... both apply.
He has no children @@Carol-cb9yu
2025