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2018/03/05 13:44:30
Subject: Games Workshop enter the FTSE 250.
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Ridin' on a Snotling Pump Wagon
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Grauniad article confirms it
And yes, the Graudian really needs a proof reader.
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2018/03/05 13:50:18
Subject: Games Workshop enter the FTSE 250.
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Regular Dakkanaut
Massachusetts
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A major proof reader...
Though if someone wrote this with no knowledge of GW or its brands, there can be minor forgiveness for misspelling Roboute and 10K instead of 40K.
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2018/03/05 13:56:37
Subject: Re:Games Workshop enter the FTSE 250.
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Major
In a van down by the river
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Saw that news yesterday, but being a filthy colonial and too impoverished to do more than shovel retirement savings towards mutual funds, I wasn't entirely sure of the significance. It basically means that GW is one of the top 350 companies listed on the London Stock Exchange? That's a fairly impressive achievement for a company that is solely about selling toy soldiers.
While I'm obviously not looking at the highest level of journalism here, the 30m soldiers a year comment does make me curious. Do we think that's actually 30 million miniatures as labelled on the box contents (i.e. - a box of Primaris marines = 10 soldiers) or is that actually 30 million shots of sprues (i.e. - a Primaris kit is typically 4 sprues for 10 models, but a single Knight is actually 3-4)?
Good job to GW though; hopefully they can make enough good business decisions to stay there for a while.
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2018/03/05 14:26:54
Subject: Games Workshop enter the FTSE 250.
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Missionary On A Mission
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What is the FTSE 250?
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2018/03/05 14:28:27
Subject: Games Workshop enter the FTSE 250.
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Ork-Hunting Inquisitorial Xenokiller
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The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange.
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TO of Death Before Dishonour - A Warhammer 40k Tournament with a focus on great battles between well painted, thematic armies on tables with full terrain.
Read the blog at:
https://deathbeforedishonour.co.uk/blog |
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2018/03/05 14:29:14
Subject: Games Workshop enter the FTSE 250.
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Moustache-twirling Princeps
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The FTSE 250 Index (/ˈfʊtsiː/ FUUT-see) is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, September, and December. The Index is calculated in real-time and published every minute. https://en.wikipedia.org/wiki/FTSE_250_Index
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This message was edited 1 time. Last update was at 2018/03/05 14:29:35
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2018/03/05 14:29:52
Subject: Games Workshop enter the FTSE 250.
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Stealthy Grot Snipa
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The 101st to 350th largest public companies listed on the London stock exchange by market capitalization.
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"The Emporer is a rouge trader."
- Charlie Chaplain. |
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2018/03/05 15:13:18
Subject: Games Workshop enter the FTSE 250.
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Posts with Authority
I'm from the future. The future of space
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This does mean some stability to the share price as any fund dedicated to small cap UK companies with an index following approach will now buy shares.
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Balance in pick up games? Two people, each with their own goals for the game, design half a board game on their own without knowing the layout of the board and hope it all works out. Good luck with that. The faster you can find like minded individuals who want the same things from the game as you, the better. |
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2018/03/05 16:11:20
Subject: Games Workshop enter the FTSE 250.
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Regular Dakkanaut
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Got to love that photo on the article. Battle for Macragge, wasn't it? With the crashed lander?
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You ain't nothin' but a hormagaunt... cryin' all the time...
40k: |
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2018/03/05 16:12:42
Subject: Games Workshop enter the FTSE 250.
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Mekboy on Kustom Deth Kopta
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This is great news, both for the hobby and us fanboys. More money in theory means more investment and greater willingness to take risks.
It's also nice to see a British company succeeding to such a high level.
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2018/03/05 16:20:36
Subject: Games Workshop enter the FTSE 250.
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Hurr! Ogryn Bone 'Ead!
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That's a good, well-researched article, considering the sort of level we're used to. The typos are hilarious though.
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2018/03/05 16:33:22
Subject: Games Workshop enter the FTSE 250.
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Fixture of Dakka
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I can't remember whether the Guardian actually managed a typo in their own name or if that's just an urban legend/running gag in Private Eye*, but it's part of their reputation, as well as the source of a running gag in Terry Pratchett's The Truth.
*which is what Grotsnik's referring to when he calls it the "Grauniad".
Amusingly, the second Google result for "Grauniad" is the official Guardian website.
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2018/03/05 18:37:26
Subject: Games Workshop enter the FTSE 250.
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Decrepit Dakkanaut
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Interesting article.
Do snanyone mnow that Dimitri guy? Is he a dakkanaught?
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DA:70S+G+M+B++I++Pw40k08+D++A++/fWD-R+T(M)DM+
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2018/03/06 00:08:02
Subject: Games Workshop enter the FTSE 250.
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Skink Salamander Handler
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I was more surprised to find that with the current share price today of 23.90 they are now worth over a Billion US dollars at current exchange rates. Far cry from a few years ago when they were only worth about 150 Million. And sales are still growing, so may be some legs in the old lady yet,,,
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Changed my name from Tethyr13 to Attilla13 to match all my other gaming usernames. |
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2018/03/06 03:42:39
Subject: Games Workshop enter the FTSE 250.
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Shas'la with Pulse Carbine
Eastern Fringe
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but...but but! I've read for years on Whineseer and here that GW was circling the drain and that is was good night Vienna. Are you telling me all those doom-mongering neckbeards were wrong?
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The first rule of unarmed combat is: don’t be unarmed. |
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2018/03/06 03:56:53
Subject: Games Workshop enter the FTSE 250.
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Archmagos Veneratus Extremis
Home Base: Prosper, TX (Dallas)
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Hollow wrote:but...but but! I've read for years on Whineseer and here that GW was circling the drain and that is was good night Vienna. Are you telling me all those doom-mongering neckbeards were wrong?
To be fair most people said they were solvent but headed for eventual and sudden decline if they didn't change their methods and most of them were predicting 5-10 years left max while Kirby was in charge. Only the truly scarred still think GW is any kind of financial trouble or haven't started truly righting the ship.
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Best Painted (2015 Adepticon 40k Champs)
They Shall Know Fear - Adepticon 40k TT Champion (2012 & 2013) & 40k TT Best Sport (2014), 40k TT Best Tactician (2015 & 2016) |
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2018/03/06 04:02:23
Subject: Games Workshop enter the FTSE 250.
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Resolute Ultramarine Honor Guard
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Who'd have thought making more content, that has better quality than ever, while appealing to the people who play the game is the way to make big dollars?
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warboss wrote:Is there a permanent stickied thread for Chaos players to complain every time someone/anyone gets models or rules besides them? If not, there should be. |
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2018/03/06 04:02:45
Subject: Games Workshop enter the FTSE 250.
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[DCM]
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Hulksmash wrote: Hollow wrote:but...but but! I've read for years on Whineseer and here that GW was circling the drain and that is was good night Vienna. Are you telling me all those doom-mongering neckbeards were wrong?
To be fair most people said they were solvent but headed for eventual and sudden decline if they didn't change their methods and most of them were predicting 5-10 years left max while Kirby was in charge. Only the truly scarred still think GW is any kind of financial trouble or haven't started truly righting the ship.
Yeah, it was certainly more this than...that.
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2018/03/06 04:20:48
Subject: Re:Games Workshop enter the FTSE 250.
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Commander of the Mysterious 2nd Legion
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over all GW seems to be righting the ship nicely, we'll have to see if this is sustainable.
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Opinions are not facts please don't confuse the two |
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2018/03/06 04:23:37
Subject: Games Workshop enter the FTSE 250.
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Fixture of Dakka
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Hollow wrote:but...but but! I've read for years on Whineseer and here that GW was circling the drain and that is was good night Vienna. Are you telling me all those doom-mongering neckbeards were wrong?
Atleast half the people in economics or comment on it are wrong at any given time. This isn't that surprising nor rare.
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Keeper of the DomBox
Warhammer Armies - Click to see galleries of fully painted armies
32,000, 19,000, Renegades - 10,000 , 7,500, |
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2018/03/06 04:58:57
Subject: Games Workshop enter the FTSE 250.
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Nihilistic Necron Lord
The best State-Texas
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Hulksmash wrote: Hollow wrote:but...but but! I've read for years on Whineseer and here that GW was circling the drain and that is was good night Vienna. Are you telling me all those doom-mongering neckbeards were wrong?
To be fair most people said they were solvent but headed for eventual and sudden decline if they didn't change their methods and most of them were predicting 5-10 years left max while Kirby was in charge. Only the truly scarred still think GW is any kind of financial trouble or haven't started truly righting the ship.
This is pretty much the answer. They really started to right the ship once Kirby left, and their new strategies have clearly been working. I didn't play any in 7th Edition, but 8th has pulled me back in a great way. If AOS was popular in my area, I'd give it a shot as well.
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2018/03/06 13:22:44
Subject: Games Workshop enter the FTSE 250.
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Posts with Authority
I'm from the future. The future of space
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I've participated in my fair share of GW finance threads and those calling for GW's demise were always a severe minority. Like one person at a time. Like Wayshuba's pricing theory. Almost everyone else was like "they're shrinking but still making money and can borrow a ton of money to make changes if it comes to that."
Doomsayers were a rare breed in those discussions.
As well, GW has changed. They actually are marketing and communicating with customers and offering some discounting (start collecting and stand alone game boxes) and engaging with the wider community, going to trade shows, totally revamped the rules, are using social media effectively, have brought "specialist" games back.
Wow that's a lot of changes.
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Balance in pick up games? Two people, each with their own goals for the game, design half a board game on their own without knowing the layout of the board and hope it all works out. Good luck with that. The faster you can find like minded individuals who want the same things from the game as you, the better. |
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2018/03/08 17:02:11
Subject: Games Workshop enter the FTSE 250.
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Nurgle Chosen Marine on a Palanquin
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Oh nooooooes, we're a cult!
“Games Workshop fans act very much like those of Lego, as almost a cult following,”
T
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This message was edited 1 time. Last update was at 2018/03/08 23:58:26
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2018/03/08 17:20:24
Subject: Games Workshop enter the FTSE 250.
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Longtime Dakkanaut
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timd wrote:Oh nooooooes, were a cult!
“Games Workshop fans act very much like those of Lego, as almost a cult following,”
T
We know what happens to cultists...
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2018/03/08 17:32:20
Subject: Games Workshop enter the FTSE 250.
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Huge Bone Giant
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zerosignal wrote:timd wrote:Oh nooooooes, were a cult!
“Games Workshop fans act very much like those of Lego, as almost a cult following,”
T
We know what happens to cultists...
We get to sacrifice virgins and bring about the end of the world?
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Nehekhara lives! Sort of!
Why is the rum always gone? |
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2018/03/08 19:41:59
Subject: Games Workshop enter the FTSE 250.
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Infiltrating Prowler
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frozenwastes wrote:I've participated in my fair share of GW finance threads and those calling for GW's demise were always a severe minority. Like one person at a time. Like Wayshuba's pricing theory. Almost everyone else was like "they're shrinking but still making money and can borrow a ton of money to make changes if it comes to that."
Doomsayers were a rare breed in those discussions.
As well, GW has changed. They actually are marketing and communicating with customers and offering some discounting (start collecting and stand alone game boxes) and engaging with the wider community, going to trade shows, totally revamped the rules, are using social media effectively, have brought "specialist" games back.
Wow that's a lot of changes.
It was more than just a couple people. Wayshuba and a couple others loudly proclaimed and predicted GWs demise and a number of people rallied around their statements. When Roundtree took over Reinholdt (sp?) over at Warseer said it was too little too late and GW had moved past the point of no return. While they were the main advocates throwing out their "economic expertise" as justification for predicting GW's downfall, a number of anti- GW posters would quote and point to them for justification.
A lot of the GW doomsaying was also tied to the GW vs PP animosity that was floating around for several years. The "economic experts" provided fuel to justify why GW was bad, why it would collapse, and why you needed to play this game instead.
Regardless, it's good to see GW is doing great and hope this isn't another bubble that will bring a return to the headaches and heartaches of the mid/late 00's.
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2018/03/08 20:13:22
Subject: Games Workshop enter the FTSE 250.
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Eternally-Stimulated Slaanesh Dreadnought
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silent25 wrote: frozenwastes wrote:I've participated in my fair share of GW finance threads and those calling for GW's demise were always a severe minority. Like one person at a time. Like Wayshuba's pricing theory. Almost everyone else was like "they're shrinking but still making money and can borrow a ton of money to make changes if it comes to that."
Doomsayers were a rare breed in those discussions.
As well, GW has changed. They actually are marketing and communicating with customers and offering some discounting (start collecting and stand alone game boxes) and engaging with the wider community, going to trade shows, totally revamped the rules, are using social media effectively, have brought "specialist" games back.
Wow that's a lot of changes.
It was more than just a couple people. Wayshuba and a couple others loudly proclaimed and predicted GWs demise and a number of people rallied around their statements. When Roundtree took over Reinholdt (sp?) over at Warseer said it was too little too late and GW had moved past the point of no return. While they were the main advocates throwing out their "economic expertise" as justification for predicting GW's downfall, a number of anti- GW posters would quote and point to them for justification.
A lot of the GW doomsaying was also tied to the GW vs PP animosity that was floating around for several years. The "economic experts" provided fuel to justify why GW was bad, why it would collapse, and why you needed to play this game instead.
Regardless, it's good to see GW is doing great and hope this isn't another bubble that will bring a return to the headaches and heartaches of the mid/late 00's.
I think Roundtree is aware of this on some level due to how he says that things will keep going well if they don't let board members ego's rule the company. At the end of the day if they give people largely what they want they will keep buying stuff and it's working.
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2018/03/08 20:53:50
Subject: Re:Games Workshop enter the FTSE 250.
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The Daemon Possessing Fulgrim's Body
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It was more than just a couple people. Wayshuba and a couple others loudly proclaimed and predicted GWs demise and a number of people rallied around their statements. When Roundtree took over Reinholdt (sp?) over at Warseer said it was too little too late and GW had moved past the point of no return. While they were the main advocates throwing out their "economic expertise" as justification for predicting GW's downfall, a number of anti-GW posters would quote and point to them for justification.
I remember Wayshuba, he was barely credible when he was posting (under that name at least) and, having gone back and checked, the last post he made was back in Jan '15, which was a completely different economic picture than now, three years later after a raft of changes in approach.
Nevertheless, people being wrong and other people agreeing with them doesn't change the fact I've never once seen anyone credibly argue GW were going under in any immediate sense. Anyone who appeared to actually possess a decent real world understanding was largely in the camp of "if they don't change, they're going to find themselves in trouble."
What do you know? Rountree agreed, they've changed in several key areas, and things have changed. I happen to think they've kicked a few cans down the road and there are still challenges in their medium term, but show me a company that isn't true of.
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We find comfort among those who agree with us - growth among those who don't. - Frank Howard Clark
The wise man doubts often, and changes his mind; the fool is obstinate, and doubts not; he knows all things but his own ignorance.
The correct statement of individual rights is that everyone has the right to an opinion, but crucially, that opinion can be roundly ignored and even made fun of, particularly if it is demonstrably nonsense!” Professor Brian Cox
Ask me about
Barnstaple Slayers Club |
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2018/03/08 23:32:08
Subject: Games Workshop enter the FTSE 250.
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Regular Dakkanaut
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Simple stuff like giving out shiny new certificates made me spend hundreds on Armies on Parade. An increase in competition prizes/opportunities is one of the incentives they never had, and I feel like they could push further into.
Stuff like "Best painted model of X bought in the shop wins a $100 Voucher"
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2018/03/09 00:59:02
Subject: Games Workshop enter the FTSE 250.
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Ancient Venerable Dreadnought
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PandaMango141 wrote:Simple stuff like giving out shiny new certificates made me spend hundreds on Armies on Parade. An increase in competition prizes/opportunities is one of the incentives they never had, and I feel like they could push further into.
Stuff like "Best painted model of X bought in the shop wins a $100 Voucher"
I'm planning on spending a decent amount on my board this year. I won my shops last year and got the cool certificates. I would say they're doing something right. I hadn't purchased anything GW related for 25yrs, now they've got my money again and I would assume I'm not the only one.
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