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 Talys wrote:
I heard about the paint a while ago. Already have 2 ADL and an Imperialis board, so not really a biggie. But why ever did they increase the price of ADL? O.o

I remember buying 3 aegis lines in the closing days of 5th to make rifleman dreds. I dont think i paid more than 15 bucks per kit.

It is amazing watching GW digging their own grave with a garden trowel, inch by inch, year by year.

 Talys wrote:
I heard about the paint a while ago. Already have 2 ADL and an Imperialis board, so not really a biggie. But why ever did they increase the price of ADL? O.o

I suppose they have an upcoming Space Marine base detachment that require you get an ADL
No love for fortifications in these days of formations within formations. Perhaps they will fix that -agressively.

 Cruentus wrote:

I guess GW couldn't hold out until Codex: Paint Pot, and Codex: Sprue Cutter made their way into the rotation. Shame, I was so looking forward to the tournament breaking cheese those would bring.

Nah, but wait until you see Codex: D Hammer. 15 pages hardback for $99. The army consists of a detachment of 1-"how ever many you please" Hammers that each strike 1d6 (to keep the random tradition alive) enemy units during your turn. People using this codex will make G-Dubs life better by forcing people to replace their smashed models at a rapid rate. The Hammer itself will consist of whatever they find in the back Dumpster, then spray painted white. Each for the simple premium of $159 (you know, so they fit in with other LOW and knights)

Or maybe Codex: I win? Flip a coin, win on heads
GW coin model costs $50, all are recycled pennies

 Fayric wrote:

 Talys wrote:
I heard about the paint a while ago. Already have 2 ADL and an Imperialis board, so not really a biggie. But why ever did they increase the price of ADL? O.o

I suppose they have an upcoming Space Marine base detachment that require you get an ADL
No love for fortifications in these days of formations within formations. Perhaps they will fix that -agressively.

You could be right! It might be upcoming with AM, too.

We play with tons of scenery/fortifications. Sometimes, it's just to look pretty (a Basilica Administratum is just a building and a source of cover, for example), but a lot of stuff like Wall of Martyrs is highly functional and great for scenario-building.

You know, they could **really** buff AM (who can use some real love) by adding a 0-5 fortification Auxiliary into a Decurion/warhost style setup. And heck, all the fortification pieces are already have imperial eagles everywhere

 shasolenzabi wrote:
It is amazing watching GW digging their own grave with a garden trowel, inch by inch, year by year.

Another hundred years or so and they'll be kaput!

I've never seen a forum so full of financial experts

As with most on here it's mainly stuff I don't use, although the new brushes are very good so might grab one or two this week.

Another price increase?[i]

Just in case there was anyone left still buying this stuff....

The Division Of Joy wrote:
I've never seen a forum so full of financial experts

As with most on here it's mainly stuff I don't use, although the new brushes are very good so might grab one or two this week.

I am looking forward to their financial report showing that the loss of revenue is all good news!

Meh, not really anything vital there except the paint but I have enough of that at this point.

I must confess to have bought a pair of their clippers recently and they are fething brilliant (seriously better than any clippers I have bought and broken before) but they were steep before not sure about now.

Well in 2013/2014 GW suffered a 11.09 million pounds decline in sale wiping out the two previous years which were increased sales.

I have it on good authority that GW is bleeding 1.1 million pounds per 4 weeks in declining sales since the last full year financial report. GW is expected to announce a further 14.4 million pounds in decreased sales.

You gotta love GW a gift that keeps on giving

 notprop wrote:
Meh, not really anything vital there except the paint but I have enough of that at this point.

I must confess to have bought a pair of their clippers recently and they are fething brilliant (seriously better than any clippers I have bought and broken before) but they were steep before not sure about now.

Yeah I got a pair of those, was suprised at how good they were.

I know a few ways they can turn their fortunes around:

-more limited editions for codex and supplements!
-a new edition of 40k!
-wedding after wedding after wedding!

The Division Of Joy wrote:
I've never seen a forum so full of financial experts

I know you're joking but there are a couple actually, not to mention the boys over at painting Buddha and their lovely little series of articles about the future of games workshop.

I don't mind these specific price raises, i have a lot of paint and also use other paints (Valleyo) for many projects.
I do use and like the spray-cans though...

But it is not good news at all.
It implies that GW has not found a way to stay in the game instead of raising prices, which is the way to get out of the game.
The animo for GW games and miniatures/models is the lowest i have seen in more than 15 years.

I live in the Netherlands a.k.a. Holland and play since about 1990, when it more or less started.
It started small, but around 2000 GW was a lot bigger here in the wargaming community than it is now.

And i hear only one complaint from everyone that quits or does not (re-)start: the prices, the cost.

 jonolikespie wrote:

The Division Of Joy wrote:
I've never seen a forum so full of financial experts

I know you're joking but there are a couple actually, not to mention the boys over at painting Buddha and their lovely little series of articles about the future of games workshop.

You mean the guys who just auctioned off tons of their private stuff in a desperate bid to keep their own failing business afloat for another month or so?

 Achaylus72 wrote:
Well in 2013/2014 GW suffered a 11.09 million pounds decline in sale wiping out the two previous years which were increased sales.

I have it on good authority that GW is bleeding 1.1 million pounds per 4 weeks in declining sales since the last full year financial report. GW is expected to announce a further 14.4 million pounds in decreased sales.

You gotta love GW a gift that keeps on giving

When do the stocks start falling?

In consideration though most of the item listed are probably outsourced (not ADL, but probably the RoB boards which I suspect are made by subcontractors?). These will be minor sellers that are more susceptible to inflation.

By which I mean to say at least this rise isn't on the main ranges that people actually buy!

 Kid_Kyoto wrote:
By the power vested in my by...

I dunno, Lego maybe?

I do move this to the News and Rumors Section where all may gaze in wonder upon this great news!

GW raising prices is hardly news.

Fortunately, I'm impervious to them all.

 Kid_Kyoto wrote:
The great name change also really hurt, I mean if even a grey-breaded fan like has no @#$%ing idea what those colors mean, why would anyone seek out GW paints?

Some of them are nice. The main difference is that for years now the GW paints have been a supplement to my Vallejo and AP/CDA/etc rather than the other way 'round, and the new range has just firmed up that situation


Automatically Appended Next Post:

 Miguelsan wrote:

 Kid_Kyoto wrote:
The great name change also really hurt, I mean if even a grey-breaded fan like has no @#$%ing idea what those colors mean, why would anyone seek out GW paints?

Yeah, I'm 100% anal retentive about paint names. Don't know why but I have this need that my Khaki is called something like that and not yxz799

Hey!

IG-88 is one of my favourite Citadel colours these days! I just bought two more!

 Radiation wrote:

 Achaylus72 wrote:
Well in 2013/2014 GW suffered a 11.09 million pounds decline in sale wiping out the two previous years which were increased sales.

I have it on good authority that GW is bleeding 1.1 million pounds per 4 weeks in declining sales since the last full year financial report. GW is expected to announce a further 14.4 million pounds in decreased sales.

You gotta love GW a gift that keeps on giving

When do the stocks start falling?

They did. It was announced in the last report and GAW stock dropped but has recovered to a certain extent. Ultimately GW remains a profitable company that has cut its cloth accordingly. Next report but one should make interesting reading, I find I hard to reconcile reduced sales when GW have released some of their best model kits for a decade.

 notprop wrote:
They did. It was announced in the last report and GAW stock dropped but has recovered to a certain extent. Ultimately GW remains a profitable company that has cut its cloth accordingly. Next report but one should make interesting reading, I find I hard to reconcile reduced sales when GW have released some of their best model kits for a decade.

So what you're saying is:




Such optimism in the face of such evidence.

I feel as though GW doesn't realise that demand is not quite the problem...even at their astronomical prices people still buy their stuff.

So how about they cut production costs or increase productivity to make it cheaper and increase supply, the demand is already there and is strong, just not quite so at those prices.

 Azazelx wrote:

 Kid_Kyoto wrote:
The great name change also really hurt, I mean if even a grey-breaded fan like has no @#$%ing idea what those colors mean, why would anyone seek out GW paints?

Some of them are nice. The main difference is that for years now the GW paints have been a supplement to my Vallejo and AP/CDA/etc rather than the other way 'round, and the new range has just firmed up that situation


Automatically Appended Next Post:

 Miguelsan wrote:

 Kid_Kyoto wrote:
The great name change also really hurt, I mean if even a grey-breaded fan like has no @#$%ing idea what those colors mean, why would anyone seek out GW paints?

Yeah, I'm 100% anal retentive about paint names. Don't know why but I have this need that my Khaki is called something like that and not yxz799

Hey!

IG-88 is one of my favourite Citadel colours these days! I just bought two more!

As above I don't have the slightest idea what color is that one. But then I neither know what shade is The Fang supposed to be.

M.

And I too still buy their miniatures.
I love all the recent 40k models, but i am glad that i already have most armies, so i can add new detachments, not build new armies all the time, because i don't have enough money for that.

And the price per model for GW units is not even that high compared to most competitors. And no competitor has sprus with so many options, great stuff for people who like converting etc.

As always with these threads, it falls upon me to remind people of the wisdom of Kirby:

"Our crops will wither, our children will die piteous deaths and the sun will be swept from the sky. But is it true?"

People have been predicting GW's death for years, but like a tapeworm in the colon, they cling on.

We'll be back in ten years having this discussion. Yes, their business model is a mess, and they're losing money like there's no tomorrow.

But never underestimate GW's durability.

 H.B.M.C. wrote:

 notprop wrote:
They did. It was announced in the last report and GAW stock dropped but has recovered to a certain extent. Ultimately GW remains a profitable company that has cut its cloth accordingly. Next report but one should make interesting reading, I find I hard to reconcile reduced sales when GW have released some of their best model kits for a decade.

So what you're saying is:




Such optimism in the face of such evidence.

Evidence of what pray tell?

Inflation is the way of things in the global economy, indeed it is desired or are you happy for wages to stagnate?

You must be very creative to see optimism in that statement.

The reality is that an investor will see a company with failing sales but profitability as one that may be likely to recover. If that company is making good product and they are IMO (Knights, AD Mech, FW for example) ordinarily you might expect them to turn things around at some point.

Or are you telling me that all is doomed because a few quid pot of paint will cost me a few pence more?

 notprop wrote:
Inflation is the way of things in the global economy, indeed it is desired or are you happy for wages to stagnate?

The reason wage increases are good is not because you have a bigger number next to the dollar sign, it's because it increases your buying power. Inflation does not increase your buying power, it decreases it: it makes you pay more for goods and services, which means you need to get a pay rise just to keep up. If you want the good kind of wage increase - the sort that actually lets you buy more stuff - you need improved efficiency, not inflation. If you become more efficient at turning time into resources - whether by making more things faster, making better things, or by using less stuff to make those things - then you can better convert your work week into the goods and services you want to buy.

 notprop wrote:
Or are you telling me that all is doomed because a few quid pot of paint will cost me a few pence more?

What he's saying is that this....

 notprop wrote:
Next report but one should make interesting reading, I find I hard to reconcile reduced sales when GW have released some of their best model kits for a decade.

....has been happening for at least 12 months and key metrics are still heavily in decline.

There's no objective reason to believe that the current 6-month reporting period will be any different to the three that proceeded it.

 AlexHolker wrote:

 notprop wrote:
Inflation is the way of things in the global economy, indeed it is desired or are you happy for wages to stagnate?

The reason wage increases are good is not because you have a bigger number next to the dollar sign, it's because it increases your buying power. Inflation does not increase your buying power, it decreases it: it makes you pay more for goods and services, which means you need to get a pay rise just to keep up. If you want the good kind of wage increase - the sort that actually lets you buy more stuff - you need improved efficiency, not inflation. If you become more efficient at turning time into resources - whether by making more things faster, making better things, or by using less stuff to make those things - then you can better convert your work week into the goods and services you want to buy.

I can't speak directly to Australia, but in North America and Europe, over the last 30 years median wages have not nearly kept up with inflation. The buying power of an hour's work for unskilled labour has tanked and the buying power of skilled labour has flagged significantly. On the other hand, the purchasing power of highly skilled labour, specialist positions, and upper management has skyrocketed by orders if magnitude.

In most companies, prices are raised, wage increases are doled out, and then jobs are cut as efficiencies are found or work is outsourced.

The price increases of GW product can be blamed on GW, but taking a macro view (from 1985 - 2015), GW product prices really aren't very much more than the rate of Inflation. But most people can afford less now than then (in general), and that is not GW's fault. .