Key difference is CDH is only out in 63/155 countries and that...

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ult_trader

53 Posts.

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21/03/18

10:35

Post #: 31909717
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Originally posted by jlo2012 ↑

I would look closely at the recent rankings for their 'flagship' game Crazy Defence Heros (CDH).

CDH's rankings are currently lower than that of Crazy Kings (CK), the original game.

Crazy Kings rankings elevated for a short time during the release period of CDH but have returned to levels that they were before the release of Crazy Defence Heros.

AB1's own announcement made on 15/02/18 states that CK 'typically generates about A$90,000 per month' prior to the release of CDH. Given that its rankings have fallen back to where they typically sat prior to CDH it is reasonable to think that the revenue for that game has returned to approx. $90k a month.

Given that CDH's rankings are now lower that CKs it is reasonable to suggest (without guidance from AB1 to the contrary) that CDHs revenues have now fallen below $90k a month.

People might not like reading this but that is my thoughts on why the SP is falling. Some of the revenue predictions made by posters on here need to be significantly adjusted based on the most recent app ranking data posted by @Medicated .

The SP jumped substantially on news of high revenue from this game and it is falling now due to the revenue stream from that game not appearing to be sustainable at the levels originally announced.

DYOR.

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Key difference is CDH is only out in 63/155 countries and that automatically means a lower overall global rank compared to crazy kings available in all 155 countries. Although I agree the revenue is probably much lower than the first few weeks, the company isnt about just any 1 app.

AB1 Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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