Time to sell NetEnt shares?

Nicola

Closed Account
Joined
Jan 22, 2013
Location
Malta
I've been investing in NetEnt since September 2013 and have enjoyed steady growth (+127% at close of business on Friday) but have noticed signs that a heavy fall is on the way and discussing with other shareholders this week, many are considering selling before the annual results in mid-February.

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Several posters here at CM have reported they don't play NetEnt anymore and we've all experienced the 'egg-timer' effect and the recent closure of Australia and some Eastern European countries also must affect NetEnt's profit.

Last week there was a shareholder conference call with the CEO and CFO - to be honest it didn't sound good at all. The latest quarter (Q4 2017) had operating profit below market expectations along with underlying revenue growth in key markets (UK, Norway, Sweden etc) lower than expected.

Is this a short-term Big Time Gaming effect or a longer term issue with lack of ideas of new games?
 

greylady

Behind every great man is a woman rolling her eyes
Joined
Jan 30, 2017
Location
Scotland
All there games are the same, small wins followed by bigger claw backs, people have become wise to them -obviously too confident in their own growth and profits, they missed the ball and ignored the complaints of the players, it has been on the cards for a while.
 

slotmaster

Paleo Meister (means really, really old)
Joined
Apr 2, 2011
Location
Ontario
They should not have banned Canada and I told them this many times. So idiotic decisions once again is the cause of another company's fall.
 

goatwack

Get dunked, big buns!
Joined
Aug 29, 2012
Location
Londonia
They're still amongst the 'Big 3' companies, so let's not be too hasty. They can still knock it out of the park if they feel like it :cool:

They're creatively in a slump, but don't expect BTG to wow us forever. Once you get used to their games and get over the hype you soon realize their games are kind of all the same...

That graph though bears striking similarities to my withdrawal activity over the last five years! :laugh::oops:
 

BrianGhattas

Where's My Handpay?!?
Joined
Mar 8, 2016
Location
Ottawa, Ontario
Net Entertainment can die for all I care. Even if they didn’t block Canada they have tightened their good slots and released a ton of mediocre games the last year. I wager those big wins I got in Dead or Alive, Jack & The Beanstalk, Drive: Multiplayer Mayhem and others in 2016 are much harder to achieve.
 

Deeplay

New World Order
webmeister
CAG
mm1
Joined
Aug 27, 2008
Location
The biG Eu
They're still amongst the 'Big 3' companies, so let's not be too hasty. They can still knock it out of the park if they feel like it :cool:

They're creatively in a slump, but don't expect BTG to wow us forever. Once you get used to their games and get over the hype you soon realize their games are kind of all the same...

That graph though bears striking similarities to my withdrawal activity over the last five years! :laugh::oops:

Your right in the end they all much the same - no matter taking our coin or giving us coin - its just how we get to those points that is different. Netent are no worse nor better that others when looking at the end results. My play has dropped dramatically the last 3 months since coming back into the "game" . i think what we are seeing with Netent is not down to players falling away , its just so many providers now out there...
 

theapple

Dormant account
Joined
Dec 5, 2013
Location
far far away
cant say im surprised to hear that, as cant remember when was the last time i willingly played netent slot. DoA and netent free spins offers are my only connections with netent at the moment :)
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
One of the guys I work with is moving to NetEnt as Director of Games Product. I told him he has his work cut out. I know what's wrong with NetEnt - it's obvious but whether they can fix it I don't know...
 

slotmaster

Paleo Meister (means really, really old)
Joined
Apr 2, 2011
Location
Ontario
One of the guys I work with is moving to NetEnt as Director of Games Product. I told him he has his work cut out. I know what's wrong with NetEnt - it's obvious but whether they can fix it I don't know...


Another job opening?;) Please make a game like creature of the black lagoon, or flowers or the good net ent games without the risk of getting sued of course.:)
 

Lincolnuk

Senior Member
MM
Joined
Dec 9, 2012
Location
Lincolnshire
Netent issue is more than its games. The Casino world is made up of 2 types of people. Low rollers and high rollers. High rollers are serious and are more vocal around the net. Forums/youtube etc. But high rollers want that one thing...... Bigger wins. So Netent provide this but to achieve it the maths have to be in such a way its going to create a lot more losers. But Netent have failed to research the fact that for every highroller theres 1000,s of low Rollers. And because of this them low rollers who dont have the 1000,s of pounds have moved to other platforms as all they have done is seen wins move further apart. Kind of a larger % of the RTP is coming in less wins and im affraid its not fitting in with the largest area of the market
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
So Trancemonkey, any news on the slot tester job? I've been sat by the phone for weeks now :mad:

Well, two issues... 1. It wasn't a tester job and 2. You didn't apply. Both are bigger drawbacks than an elephants foreskin.
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
Netent issue is more than its games. The Casino world is made up of 2 types of people. Low rollers and high rollers. High rollers are serious and are more vocal around the net. Forums/youtube etc. But high rollers want that one thing...... Bigger wins. So Netent provide this but to achieve it the maths have to be in such a way its going to create a lot more losers. But Netent have failed to research the fact that for every highroller theres 1000,s of low Rollers. And because of this them low rollers who dont have the 1000,s of pounds have moved to other platforms as all they have done is seen wins move further apart. Kind of a larger % of the RTP is coming in less wins and im affraid its not fitting in with the largest area of the market

I'd actually argue that with the exception of Jungle Spirit, it's the other way around. Given they run their own casinos I'm pretty sure they know what games work and what don't so you would think that they would know how to stay safe mathematically and how to try the odd risky game.

Now for all I know that's what they are doing statistically... but I doubt it. I mean Twin Spin Deluxe was a travesty... it would have been Queen of Riches that BTG did, but they took a great brand and ruined it... although my guess is they thought Twin Spin mixed with Aloha would work well.
 
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goatwack

Get dunked, big buns!
Joined
Aug 29, 2012
Location
Londonia
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