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Is this going down to £3??
Is there some expected news that will lift it over 600?
Shorter are trying to scare the buyers. I just jumped in and bought some more. It will be over 600 soon. DYOR
It’s incredible how much damage they appear to have done to FDEV’s reputation via the car crash strategy they’ve applied to the F1 manager series. Add in the failed foundry experiment and it starts to look quite desperate. IMO this could easily trade at the 1x sales if they post a significant loss in H1.
Tbh I'm not clued up on what it'll exactly do to SP but I do know this release was somewhat expected by customers and has somehow fell below those already low expectations.
If the sp really has the game priced in as "just an updated 2022" then god help all, because earnings-wise it is 70% below that, translating to 25% shortfall on FY24 projected earnings.
Surly this years is partly priced in already, everyone knew it was just a updated 22, a little more to go for sure with it looking like worse figures than 22 but another 40% drop would be surprising without additional bad news. I'd be looking for confirmation they are developing 24, and what they plan for it.
That Steam customer backlash is less against game itself, which has a review score not much worse than the 2022 version. More against the company. A worry, since quick-fixing a game is sometimes possible but quick-fixing a company is not.
Key question here is, is the 70% drop sales already in the week's 10% sp drop that we've just seen, or is there more drop to come? When then 2022 game sold only 20% below expectations, the sp fell 42%.
For anyone interested, go to Steam and read the discussion board for customer sentiment. Imo, The senior team running F1 Manager have to go, All of them! (Some already have by looks of vacant positions)
Communication in discussion boards has become extremely toxic with some getting banned for posting negative reviews, I have not been banned so not being salty on my side. However, the reviews were honest, no doubt had statements of dissatisfaction (not offensive) but most importantly are a shared optinion by many if not most of potential buyers.
Most potential customers waited for guinea-pig reviews before thinking of buying and are still holding off. They already knew how weak this game still was when screen shots came out with no sign of the simple features they asked for... Speculation was confirmed on release!
Shareholders & stakeholders need to get involved with this department, no doubt this team is destroying any reputation Frontier had with a chunk of the F1 community.
Unless this title gets a complete overhaul I honestly don't see it reaching years 4 & 5.
The reviews on Steam are currently 'Mixed', only 326 reviews with some positive reviews not exactly being positive reviews, just positive so they either dont get deleted or by mistake i guess, its a strange world. The low number of reviews, good or bad isn't a great sign to start with, should easily be over 1000 reviews by now. Imo, initial viewing of gameplay really disappointed potential buyers which have held off and are still holding off as the dev team also ask current customers to do bug testing for them. This department is really taking the p*ss out of customers at every step.
As a self proclaimed die hard of F1, it's been hard not to buy this game but there is no way I'd spend £45 on this game, especially with the lack of progression from Y1 to Y2. For me, its worth about £15 at most in its current form, it will no doubt see bumper sales on discount weeks but I can see this being a shocker.
Again, the lead designer, senior designer (already gone i think), PR Team and anyone else dictating what 'does' or mostly 'does not' get included in this game need to go, imo they don't have a clue what potential this game has or how to reach it. Only those showing signs of dissatisfaction with this game should be allowed to stay.
This title has the potential to be a game changer for Sports Management games (& SP) but they need to listen to what customers want and do it!
What customers are asking for is reasonable & evident in other AAA titles with similar pricing, they are not asking over and beyond, with most features expected as a minimum for a licenced game such as F1 Manager.
Apologies for the long post, just want the best for this title, for gameplay and a rise in SP. To say Games are Frontiers business, I'm suprised and insulted at what they are offering here. Hopefully a little exposure and pressure will get things moving in a much better direction.
All imo,
Just seen the week 1 sales numbers for the F1 game. Despite the Numis warning I had no idea it could be this bad. Talk about reputational damage. Has any broker done an update on this yet?
Steam reviews are rolling in, were absolutely key and unfortunately they're not great. Early days so may still be opportunity to push updates to turn it around, but this initial window was key to get right, especially with the sort of folk who buy on/around release date, and are therefore more keen than most and have ability to influence subsequent opinion.
Snap judgement is they might have dropped the ball, which is disappointing when they're reliant on this title, not being prolific publishers with a busy pipeline to fall back on.
Oh well. I appreciate the DD you’ve done.
From playing almost every sports manager game out there & holding games to a high standard like a few of Frontiers previous releases, I can confirm this is not there.
Just wait for 'Customer' reviews, IGN are not buying thousands of copies.
Race replay a show stealer... Not true. Wasn't asked for, a waste of resources when base game need much improvement & will not result in increased sale, imo.
Enjoyable to listen to... Far too repetitive.
Relaxing to treat it like an actual race and just chill out and watch... because there isn't much else to do.
F1 Manager 2023 is a deep sports management experience... Again, not true! It's about as deep as a shot glass! Attention to detail is only evident in graphics.
Far too much content missing from this game, customers are not happy about not being listened to, many see through the BS the Dev team are pushing and refunds are already being requested.
Price to content & complexity of gameplay is way off. I see no future for this series in its current form. Unfortunately.
Good review on IGN, thankfully!
"F1 Manager 2023 proves that Frontier isn’t one and done; it’s a championship contender. Race Replay is an absolute show stealer, and there’s nothing better than solving the strategic puzzle laid out for you in a single go. F1 Manager 2023 is as enjoyable to listen to at normal speed as it is to play, and although you can rush at 16x speed for an entire season in an afternoon if you want, it’s far more relaxing to treat it like an actual race and just chill out and watch. F1 Manager 2023 is a deep sports management experience that understands that racing can be a sport everyone can enjoy and, if you enjoy any type of management game at all, you should consider adding this to your collection."
F1 or FIA need to pull the plug on Frontier with F1 manager 23. Honestly, this series will be known as the worst sports manager game of modern times. Do not rely on this game for favourable sales or a good potential catalyst. It's broken, it has no content, only graphics. Pricing is way out for it's value, this will not fulfil its potential in any way. The team developing this game need to go! resign or be sacked, whichever is cheapest.
Frontier have really let customers down with this release, lied about listening to feedback and introduced new content that wasn't asked for and is hardly a selling point in its own strength anyway.
This title will be a bigger flop than last year, IMO.
Share drop last week……. Nothing drastic in my view...... Nomad change and a director change.
Some unnecessary pre jittery fat finger trades dragged it down.
Hanging on….. Good luck all
IG had it suspended for a while with ''In Auction'' symbol at the side of it.
Its back to normal trading something happened but dont know what yet
It had a 25% raise in one month. Profit booking.
What is this all about
Any theories
This title is key after sales of last year's being below expectations. After the mixed feedback last time expect they will have taken that into account during development for improvement. If reviews are favourable then sales will naturally follow, good potential catalyst.
Https://www.frontier.co.uk/news/press-releases/build-your-legacy-define-your-team-and-rewrite-key-moments-f1-manager-2023
BUILD YOUR LEGACY, DEFINE YOUR TEAM AND REWRITE KEY MOMENTS FROM THE 2023 SEASON IN F1® MANAGER 2023 PUBLISHED ON: TUE, 23/05/2023 - 3:00PM
Take unparalleled control of a Formula 1 ® Team, with deeper management, greater authenticity, and a brand-new game mode.
Cambridge, UK (17 May 2023) – Frontier Developments plc (AIM: FDEV, ‘Frontier’) unveiled today F1® Manager 2023, the next instalment in the officially licensed Formula 1® management simulation series, with deeper management systems, more dramatic racing, and an even greater commitment to authenticity. Fans are invited to assume the role of an F1® Team Principal, make their mark and lead their chosen team all the way to the top, driving every decision both on and off the track.
F1® Manager 2023 comes even closer to the 2023 FIA Formula One World Championship™ with the brand-new Race Replay mode, which will allow aspiring Team Principals to rewrite key moments from throughout the 23-race season. Additionally, in the returning Career mode, players will enjoy a suite of highly requested feature developments, adding new dimensions to the sporting drama at every turn.
Quite a bit of buying pressure on this now. It gets says a lot on these boards but I do reckon this is a prime buyout candidate. There's a ton of industry consolidation happening and this must be more attractive value wise by touching on historic lows. Keywords Studios particularly acquisitive, could be one to watch.
Also must give credit to the company for funding share awards by buying back shares. So much better do that rather than diluting existing holders like so many other firms.
The fight against the Thargoids escalates in this next chapter of the Elite Dangerous narrative.
Cambridge, UK – 9 May 2023. Frontier Developments plc (AIM: FDEV, ‘Frontier’) released today Update 15 for Elite Dangerous: Odyssey, marking the next stage of the Thargoids’ war against humanity. Commanders will uncover the mystery of what’s inside each of the eight Maelstroms, as they enter the giant caustic gas clouds that arrived with Update 14 and face an unprecedented level of Thargoid aggression. Update 15 also brings significant new features to the game, including a brand-new class of Thargoid ship and additional on-foot mission elements.
Any sales number available?
https://www.frontier.co.uk/news/press-releases/brave-new-world-stranded-alien-dawn-lands-pc-and-console-today
Cambridge, UK – 25 April 2023. Frontier Foundry, the games label of Frontier Developments plc (AIM: FDEV) and developer Haemimont Games, creators of the strategic sci-fi city builder, Surviving Mars, invite players to discover Stranded: Alien Dawn, a gripping new simulation, out today on PC via Steam and Epic Games Store, PlayStation®5, Xbox Series X|S, PlayStation®4 and Xbox One . Players will also receive a major day-one update on all platforms, which includes a thrilling new Military Outpost scenario.
Players who purchase the game before May 9 2023 can expand their bases even further with an exclusive Emergency Landing Pod model and a new wooden plank construction material as part of an Early Adopter launch bonus available on all platforms.