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I have already seen claims elsewhere that linking the GW financial statement, or news articles about it, as "anti-GW hate". Literal facts of the companies health are now "hate".
So we pretty much have the apologists using this immortal line from Homer Simpson...
Games Workshop Delenda Est.
Users on ignore- 53.
If you break apart my or anyone else's posts line by line I will not read them.
"...and a lone figure with a thundering of hooves and a glint on the armour that would destroy several retina cells if you looked at it directly. A figure clad in a breastplate that can give you and unwelcome suntan just by its mere presence appeared on the horizon."
This message was edited 1 time. Last update was at 2014/07/30 20:37:26
Games Workshop Delenda Est.
Users on ignore- 53.
If you break apart my or anyone else's posts line by line I will not read them.
Meanwhile, Miniature Market just posted a 40% off Warma/Hordes sale... bwahahahahahahaha
Six mistakes mankind keeps making century after century: Believing that personal gain is made by crushing others; Worrying about things that cannot be changed or corrected; Insisting that a thing is impossible because we cannot accomplish it; Refusing to set aside trivial preferences; Neglecting development and refinement of the mind; Attempting to compel others to believe and live as we do
A new CEO won't be changing a whole lot with the current board remaining as it is. I'd also doubt they'd bring in a new CEO that would run counter to how the current board and chairman are running things.
Mordian Iron Guard - Major Overhaul in Progress
+Spaceship Gaming Enthusiast+
Live near Halifax, NS? Ask me about our group, the Ordo Haligonias!
Chances are, since they hire for attitude not on the basis of their accomplishments/CV, they'll promote from within and continue the YES-MAN INC downward spiral.
I'd love, really love to be wrong on this one and hope that I am. I hope they hire someone who knows how to run a business, actually believes in connecting with consumers, and even doing a bit of market research...you know, dabble in what makes multi-billion dollar companies successful.
Six mistakes mankind keeps making century after century: Believing that personal gain is made by crushing others; Worrying about things that cannot be changed or corrected; Insisting that a thing is impossible because we cannot accomplish it; Refusing to set aside trivial preferences; Neglecting development and refinement of the mind; Attempting to compel others to believe and live as we do
2014/07/30 20:53:54
Subject: Re:Do you really think GW is "going under"?
The chairman by himself? Not much. A board full of people that were placed by that chairman and are his self-admitted "cronies", all of the power.
A CEO that bucks the corporate culture won't last long.
This message was edited 1 time. Last update was at 2014/07/30 20:56:04
Six mistakes mankind keeps making century after century: Believing that personal gain is made by crushing others; Worrying about things that cannot be changed or corrected; Insisting that a thing is impossible because we cannot accomplish it; Refusing to set aside trivial preferences; Neglecting development and refinement of the mind; Attempting to compel others to believe and live as we do
2014/07/30 20:59:45
Subject: Re:Do you really think GW is "going under"?
Six mistakes mankind keeps making century after century: Believing that personal gain is made by crushing others; Worrying about things that cannot be changed or corrected; Insisting that a thing is impossible because we cannot accomplish it; Refusing to set aside trivial preferences; Neglecting development and refinement of the mind; Attempting to compel others to believe and live as we do
agnosto wrote: Chances are, since they hire for attitude not on the basis of their accomplishments/CV, they'll promote from within and continue the YES-MAN INC downward spiral.
I'd love, really love to be wrong on this one and hope that I am. I hope they hire someone who knows how to run a business, actually believes in connecting with consumers, and even doing a bit of market research...you know, dabble in what makes multi-billion dollar companies successful.
It will be Alan "The hobby is buying our product" Merrett.
I'm calling it now.
"The Emporer is a rouge trader."
- Charlie Chaplain.
Speaking as someone who thinks it'd be a terrible shame (just pre-empting accusations of being a "hater") for the company to be ruined by cluelessness at executive level, it seems to me like even post-Kirby there won't be much change due to the culture within the boardroom. As things are a Kirby clone sounds like the most likely successor.
With that in mind, would there be any realistic prospect of the board getting a complete shakeup? Is there any procedure for such a thing to happen if, for example, things get worse and it can be shown that this is a result of mismanagement at that level?
Driven away from WH40K by rules bloat and the expense of keeping up, now interested in smaller model count games and anything with nifty mechanics.
Ask Steve Jobs circa the late 80's what a board can do. I would guess the stock still trending up is due to him stepping down.
It's not going up due to take over rumors. They have cash on hand and it appears little debt. Companies that have a singular off year don't get bought, companies that have off YEARS get bought. Ask Sprint.
GW isn't going under. 40k isn't in trouble. EBay and Bartertown are still crazy busy lots to be had there. Then factor in Chinese recasters who I think are the ones really hurting the overall sales numbers. I'm not judging anyone who buys them by any means. I get it.
Price and value is in the eye of each consumer. The guy making 24k a year may buy all his stuff from his local shop. Where I know a Fortune 500 DM that makes 5 times that who wont buy anything but recasts. He wants bang for his buck quantity wise.
So for all the GW doomsayers I have bad news. They will likely be fine. For all of us GW apologists/fanboys (like myself) we need to acknowledge things need to change obviously. More people need to see the value, I say that because lowering prices doesn't just fix things. Anyone who works in sales management knows this. It's hard to outsell what you lost by lowering prices.
This was a below average annual report not a disastrous one like some say. Company still made 10 million pounds on 120 million pounds. Not great, but a far cry from a company on the brink of "going under".
Kings of War Herd
Master Crafted YouTube Channel, your home for all KOW content...deemed not suitable for children, nuns, women or people with even remotely decent morals...
https://www.youtube.com/channel/UCpUodTbAv0XfqvwwG2cBHuA/feed
agnosto wrote: Chances are, since they hire for attitude not on the basis of their accomplishments/CV, they'll promote from within and continue the YES-MAN INC downward spiral.
I'd love, really love to be wrong on this one and hope that I am. I hope they hire someone who knows how to run a business, actually believes in connecting with consumers, and even doing a bit of market research...you know, dabble in what makes multi-billion dollar companies successful.
It will be Alan "The hobby is buying our product" Merrett.
I'm calling it now.
Nah It's Kevin Rountree. He's like a stick of rock. Snap him in half, and he's got kirby man written in the middle.
Its hard to be awesome, when your playing with little plastic men. Welcome to Fantasy 40k
If you think your important, in the great scheme of things. Do the water test.
Put your hands in a bucket of warm water,
then pull them out fast. The size of the hole shows how important you are.
I think we should roll some dice, to see if we should roll some dice, To decide if all this dice rolling is good for the game.
lobbywatson wrote: EBay and Bartertown are still crazy busy lots to be had there.
How is that good for GW? Doesn't that kind of imply that people are leaving and selling their stuff? Especially if they're trading it for money rather than other product on swapshops.
The Laws of Thermodynamics:
1) You cannot win. 2) You cannot break even. 3) You cannot stop playing the game.
Colonel Flagg wrote:You think you're real smart. But you're not smart; you're dumb. Very dumb. But you've met your match in me.
2014/07/30 21:48:30
Subject: Re:Do you really think GW is "going under"?
I took my first proper look at the space marine 'resell market' on ebay this week and was amazed by the amount of stuff with 99p starting bids, but still not selling.
lobbywatson wrote: EBay and Bartertown are still crazy busy lots to be had there.
How is that good for GW? Doesn't that kind of imply that people are leaving and selling their stuff? Especially if they're trading it for money rather than other product on swapshops.
It just shows their is plenty of interest in the game and owning GW stuff even if it isn't purchased from GW. Obviously it doesn't help GW directly but it is a consumer they could gain if they took steps to make that happen.
Kings of War Herd
Master Crafted YouTube Channel, your home for all KOW content...deemed not suitable for children, nuns, women or people with even remotely decent morals...
https://www.youtube.com/channel/UCpUodTbAv0XfqvwwG2cBHuA/feed
It just shows their is plenty of interest in the game and owning GW stuff even if it isn't purchased from GW. Obviously it doesn't help GW directly but it is a consumer they could gain if they took steps to make that happen.
Which is purely anecdotal.
The evidence we do have though shows a decline in revenue. That means there are less people buying their stuff than before.
I'd hardly call that 'plenty of interest'.
Mordian Iron Guard - Major Overhaul in Progress
+Spaceship Gaming Enthusiast+
Live near Halifax, NS? Ask me about our group, the Ordo Haligonias!
lobbywatson wrote: EBay and Bartertown are still crazy busy lots to be had there.
How is that good for GW? Doesn't that kind of imply that people are leaving and selling their stuff? Especially if they're trading it for money rather than other product on swapshops.
It just shows their is plenty of interest in the game and owning GW stuff even if it isn't purchased from GW. Obviously it doesn't help GW directly but it is a consumer they could gain if they took steps to make that happen.
Except you might find that it is only selling to people who already are into the game. In which case it's a net loss of a customer.
The Laws of Thermodynamics:
1) You cannot win. 2) You cannot break even. 3) You cannot stop playing the game.
Colonel Flagg wrote:You think you're real smart. But you're not smart; you're dumb. Very dumb. But you've met your match in me.
2014/07/30 22:47:00
Subject: Re:Do you really think GW is "going under"?
lobbywatson wrote: EBay and Bartertown are still crazy busy lots to be had there.
How is that good for GW? Doesn't that kind of imply that people are leaving and selling their stuff? Especially if they're trading it for money rather than other product on swapshops.
It just shows their is plenty of interest in the game and owning GW stuff even if it isn't purchased from GW. Obviously it doesn't help GW directly but it is a consumer they could gain if they took steps to make that happen.
Except you might find that it is only selling to people who already are into the game. In which case it's a net loss of a customer.
Well don't leave out the Chinese recasters in all of this. They have definitely seen a large increase in sales. On one of them you can see the amount of orders placed in the last 6 months. Top 5 Eldar selling units alone had over 100 orders each. Yahoo has a large stake in them if you'd like to check out who I am talking about. Plenty of interest in the game do not think their isn't.
Kings of War Herd
Master Crafted YouTube Channel, your home for all KOW content...deemed not suitable for children, nuns, women or people with even remotely decent morals...
https://www.youtube.com/channel/UCpUodTbAv0XfqvwwG2cBHuA/feed
So, how does 500 orders for Eldar stuff in the last 6 months translate into millions in dropped profits?
Why now, recasters have been around since Second Edition?
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
Part of the GW business credo is "go on forever". I think they may become obsolete in the year 42,000. Meanwhile, the stock probably went up because they are still
making buckets of money and probably running their equipment close to optimal output. They are still one of the big dogs in the industry (build the models-play a game).
Welcome to the Tiffany's of gaming product. Strut next time you take your models to a game.
That's from just one recaster though Azreal. The main one I ahh... know of... has had such high demand despite their storefront being shutdown that there has been an increasingly large delay on orders being shipped. GWs ridiculous prices make it so profitable to recast, and so attractive for players to buy recasts at 1/3 the price (some kits 1/10 the price) that it's ramped up significantly down here at least.
That could just be part of the regional pricing thing, but before they quit during 6th my local group spent a good 4/5 of their 40k monies like that.