Raak Posted August 4, 2014 Report Share Posted August 4, 2014 I know we've discussed this before but a friend shot me a msg yesterday that made me want to check on GWs fiscal health. -->a broad look at GMWKF --> 75% probability of bankruptcy in the next 2 years. - I'm not liking those odds. To put that in perspective it's the same percentage chance you have of hitting an enemy who's Weapon Skill is half what yours is. ....yeah. 1 Quote Link to comment Share on other sites More sharing options...
Jayne_Cobbb Posted August 4, 2014 Report Share Posted August 4, 2014 Where are you getting that number? Quote Link to comment Share on other sites More sharing options...
andozane Posted August 4, 2014 Report Share Posted August 4, 2014 Hmm..I'm unable to locate an emoitocon for "his ass" 2 Quote Link to comment Share on other sites More sharing options...
BradNardone Posted August 4, 2014 Report Share Posted August 4, 2014 I would doubt those numbers, yes they have taken a hit in sales in the first quarter but that trend is not going to be linear. I read an article, cant find it right now but i think it was the CFO saying that financially they did take a hit but they are doing just fine. Looking at the financial report North America is the only place they closed more stores than they opened and they are just starting to break into Asia which has an enormous demographic for this kind of stuff. Also Ironically UK seems to be the only place they had a significant change which may be a large factor in the stock price and speculation, I'm no expert but compared to many other reports I've seen GW seems to be down a bit but totally fine. Financial report http://investor.games-workshop.com/wp-content/uploads/2014/07/Games-Workshop-Group-14-combined-FINAL-cover-version.pdf Quote Link to comment Share on other sites More sharing options...
BrotherSir Posted August 4, 2014 Report Share Posted August 4, 2014 All of the negative reports I saw related to a fall in profits, which obviously isn't good, but they aren't operating a loss, either. I also read that a significant reason for the profit loss is related to licensing and royalties, not their core products. That falls pretty well in line with the closure of THQ. I don't think GW is in any sort of trouble. Quote Link to comment Share on other sites More sharing options...
Raak Posted August 4, 2014 Author Report Share Posted August 4, 2014 Where are you getting that number? http://www.macroaxis.com/invest/ratio/GMWKF.PK--Probability_Of_Bankruptcy Quote Link to comment Share on other sites More sharing options...
Raak Posted August 4, 2014 Author Report Share Posted August 4, 2014 Hmm..I'm unable to locate an emoitocon for "his ass" Nah - I run my business on hard facts mate: http://www.macroaxis.com/invest/ratio/GMWKF.PK--Probability_Of_Bankruptcy http://www.macroaxis.com/invest/advice/GMWKF Assimilate information from several sources, corroborate, then analyze. Fairly simple stuff. 1 Quote Link to comment Share on other sites More sharing options...
BradNardone Posted August 4, 2014 Report Share Posted August 4, 2014 News loves drama, a 10% change in revenue for such a niche market is nothing to freak out about. Quote Link to comment Share on other sites More sharing options...
Jayne_Cobbb Posted August 5, 2014 Report Share Posted August 5, 2014 http://www.macroaxis.com/invest/ratio/GMWKF.PK--Probability_Of_Bankruptcy Axis? You rely on Nazis for your info? Nice. Should GW expect Junkers and ME109'S over their HQ? 1 Quote Link to comment Share on other sites More sharing options...
Jayne_Cobbb Posted August 5, 2014 Report Share Posted August 5, 2014 I escalated that quickly... Quote Link to comment Share on other sites More sharing options...
Gailbraithe Posted August 5, 2014 Report Share Posted August 5, 2014 TSR's bankruptcy ended up being a good thing for Dungeons & Dragons in the long run, I think. If Games Workshop goes under, then the rights will get bought by someone. Hopefully someone who can do something to revitalize the game. Or, you know, maybe we'll see a lot of third party models catch on while the rights are in limbo. Any way it works out, I think it'll be good for wargaming if GW crashes and burns. 6 Quote Link to comment Share on other sites More sharing options...
Raak Posted August 5, 2014 Author Report Share Posted August 5, 2014 I escalated that quickly... ... ... ... naaah. ...well maybe just a little ;) Quote Link to comment Share on other sites More sharing options...
Raak Posted August 5, 2014 Author Report Share Posted August 5, 2014 If Games Workshop goes under, then the rights will get bought by someone. Hopefully someone who can do something to revitalize the game. Or, you know, maybe we'll see a lot of third party models catch on while the rights are in limbo. Any way it works out, I think it'll be good for wargaming if GW crashes and burns. You bring excellent points to the table sir! Quote Link to comment Share on other sites More sharing options...
dalmer Posted August 5, 2014 Report Share Posted August 5, 2014 Hello there, Didn't the latest report from GW to their investors highlight all the extra money they dumped into streamlining their business structure? If I recall correctly (and memory is inherently flawed, mind you) there was a large input of capital this year into re-adjusting their business model which impacted "the numbers" or "the line." Worth looking into. Stay safe, don Quote Link to comment Share on other sites More sharing options...
dalmer Posted August 5, 2014 Report Share Posted August 5, 2014 Hello there, See if this link works... http://investor.games-workshop.com/wp-content/uploads/2014/07/2013-14-Press-statement-final-website.pdf Stay safe, don Quote Link to comment Share on other sites More sharing options...
BradNardone Posted August 5, 2014 Report Share Posted August 5, 2014 Just found out that the CEO of GW announced he was stepping down so at very least this will shake things up a bit, and maybe restructure many things. Quote Link to comment Share on other sites More sharing options...
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