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GW Profits hit

 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 6:01 am 
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This came up on the BFG list:

BBC News

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 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 6:06 am 
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I wonder whether the absurd price rises have finally caught up with them? Nahhh, probably not. People are still crazy.  Myself included. :(

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 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 8:26 am 
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Shares in Games Workshop closed down 213.5 pence at 502.5 pence.

Wow, that's a quite a drop...

30% drop

ouch

Well it's obvious why.

They stopped selling Fanatic stuff in the shops.

Actually the shops have seemed less busy recently.

Though the reality is that they are selling more this year than they did last year.... it's just their profits which are down.

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 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 8:38 am 
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Actually they are down 37% now, Doug has been keeping me updated on the share value for the past week. 37% lost in 2 days... harsh.

They won't learn - they will try and ride the storm.

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 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 10:18 am 
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It's all artificial anyway. "The firm said it was "unlikely" to meet a sales target of between ?151m-?162m for the year". So they're "unlikely" to achieve an arbitary target a bean counter somewhere set. They're still hauling in millions of pounds...

Yeah, i know, the stock market rules the world and so on.

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 Post subject: GW Profits hit
PostPosted: Wed Apr 06, 2005 8:53 pm 
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Hi!

Some newer threads on this have said they dont expect to meet 2004 expectations either, although they are confortable to exceed 2003 levels.

We'll see how they react ot all this and what the final result is.

Primarch

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 Post subject: GW Profits hit
PostPosted: Thu Apr 07, 2005 4:46 am 
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The core games will continue to bring in big $$$ !  The rest will suffer as we are seeing, regardless they will still make beacoup cash !  :)

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 Post subject: GW Profits hit
PostPosted: Sat Apr 09, 2005 2:04 am 
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Hi!

If they would only "wake up" and be the GW of old. The company can make profit AND be a gamer friendly company....

Primarch

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 Post subject: GW Profits hit
PostPosted: Sat Apr 09, 2005 5:10 am 
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Probably won't happen ... ???

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 Post subject: GW Profits hit
PostPosted: Sat Apr 09, 2005 7:14 am 
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They are too big for them to go back to a gamer friendly atmosphere...too much restructuring in the upper level thought processes..it is easier for them to simply go on as before.  

my 2cents,

iblisdrax

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 Post subject: GW Profits hit
PostPosted: Sun May 08, 2005 3:00 am 
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You have to keep in mind that shares frequently drop drastically after quarter figures are released...Or after other news or press releases although in this case it's probably the quarter figures...they'll climb again soon (just not as fast as they drop)...

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 Post subject: GW Profits hit
PostPosted: Thu May 26, 2005 6:36 am 
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Quote (Jimbo @ 06 2005 April,00:26)
Shares in Games Workshop closed down 213.5 pence at 502.5 pence.

Wow, that's a quite a drop...

30% drop

ouch

Well it's obvious why.

They stopped selling Fanatic stuff in the shops.

I think it is more then that, they stopped the Epic Archive as well.  :p

:laugh:

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 Post subject: GW Profits hit
PostPosted: Thu May 26, 2005 2:30 pm 
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Hi!

sigh...the epic archive...

..I was glad to partake of it while it lasted..

..hope it returns someday....

Primarch

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 Post subject: GW Profits hit
PostPosted: Thu May 26, 2005 3:11 pm 
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Quote (primarch @ 26 2005 May,06:30)
Hi!

sigh...the epic archive...

..I was glad to partake of it while it lasted..

..hope it returns someday....

Primarch

That is right, look at all the sales they lost from you. Not to mention the losses from me and all the other Primarchs in training.  :;):

They have hurt their bottom line by ignoring our need to build our hordes.  :laugh:

dafrca

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 Post subject: GW Profits hit
PostPosted: Thu May 26, 2005 3:25 pm 
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It'd be nice if the Archives returned... but with the way Epic is going, I think the upcoming Feral Orks will be the last big (?) release.  We may see occasional bitz and pieces (CI ?!), but I doubt we'll ever see Tau or Necrons, let alone Chaos and 'NIDs ?  If anyone hears, otherwise let us know ...

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