[Click eStock] "Com2uS, Time to Focus on New Game Momentum"

IBK Investment & Securities Issues 'Buy' Rating and Sets Target Price at 170,000 Won... Closing Price on 14th at 122,800 Won

[Asia Economy Reporter Kum Boryeong] An analysis has emerged suggesting that it is a time to focus on new release momentum for Com2uS.

According to IBK Investment & Securities on the 15th, the new release momentum for Com2uS's "Summoners War: Hundred Years' War" is expected to accelerate starting in the fourth quarter.

Since last month, the preliminary rounds for the Summoners War World Arena Championship 2020 (SWC2020) have begun. During the period when the world finals take place in November, a large-scale global closed beta test (CBT) for "Summoners War: Hundred Years' War" is planned, which is expected to maximize marketing effects. Lee Seunghoon, a researcher at IBK Investment & Securities, analyzed, "In the fourth quarter, collaborations with Street Fighter V, SWC2020 packages, and year-end package promotions are scheduled, so external growth is anticipated."

Next year, more than two major games are expected to be released in the global market. First, "Summoners War: Hundred Years' War" is scheduled for a global release in February next year after a large-scale CBT in November. The researcher stated, "The next MMORPG genre game, 'Summoners War: Chronicle,' is preparing for a release in the second quarter. Although the release schedule may be adjusted depending on the success of 'Summoners War: Hundred Years' War,' the game's completeness has already improved, so a release next year is possible." He added, "Since the story of Summoners War was concretized together with Skybound, founded by the original creator of The Walking Dead, it is judged that there is a high possibility of success in Western regions where the storyline is important."

IBK Investment & Securities gave Com2uS a 'Buy' investment rating with a target price of 170,000 KRW. The closing price on the 14th was 122,800 KRW.