Nov. 11 at 12:11 AM
$UBSFY what a great buy at this price. 900M for a stake in Assassain Creed + Tom Clancy Siege X + Far Cry + Ghost Recon + Anno + others. Awesome and great! I guess Ubisoft will sort out their mess now. They are debt free with Tencent deal and still holding 75% of their company. Their workforce is too large. They just need to cut more jobs which should be easy if you got 17k employees. Activision Blizzard could make 8 bn a year with 11k workforce. Lets see what they do. Looks like a bottom and possible reversal from here within the next 6-9 months. GL.