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As far as I know, it's standard practice for reports to be produced at the start of business hours.
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Jul 28, 2014 20:43
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All business practices in England are done backwards.
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Jul 28, 2014 20:49
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I'm so excited for tomorrow. Did anybody here predict July as the beginning of GWs demise?
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Jul 28, 2014 21:17
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BULBASAUR posted:I'm so excited for tomorrow. I just looked at the OP and we took bets on when they'd be done for good, not the beginning of the end. I still have 4/20/2015 
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Jul 28, 2014 21:27
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I'd like to remind everyone all bets are final. 
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Jul 28, 2014 21:28
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The news of kirbys departure, if pushed by the shareholders will probably give the stock a bit of a boost.
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Jul 28, 2014 21:29
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I'm guessing if and when GW burns out, 40k will be bought up, but have there been any indications or thoughts as to what might happen to Fantasy? I know it's a smaller, less popular line.
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Jul 28, 2014 21:29
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Chill la Chill posted:That letter sounds like a livejournal blog. Is that normal? If so I want to read comparable ones from, say, apple and Microsoft which should be a hoot. It is completely insane by any measure. Say what you will about the emptiness of corporate speak, but one of the base reasons it exists is to reassure stakeholders that non insane people are in charge. Something this fails badly. The word crony should at no point appear
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Jul 28, 2014 21:29
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Night10194 posted:I'm guessing if and when GW burns out, 40k will be bought up, but have there been any indications or thoughts as to what might happen to Fantasy? I know it's a smaller, less popular line. The only reason its less popular is because its way more of an investment and more technical. As much as I wouldn't like it, someone could streamline the rules for fantasy and make less of an entrance barrier by encouraging smaller games and it'd be a much more popular game.
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Jul 28, 2014 21:31
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Two Feet From Bread posted:June 2, 2014, GW will announce abysmal annual results and that GW or parts of GW are up for sale and that LotR/Hobbit will be dropped as a product line. BULBASAUR posted:I'm so excited for tomorrow. I have the month off but my intent was that this FY earning result is what ends up causing GW die. Thundercracker posted:It is completely insane by any measure. Say what you will about the emptiness of corporate speak, but one of the base reasons it exists is to reassure stakeholders that non insane people are in charge. Something this fails badly. Or should it? (It shouldn't) Two Feet From Bread fucked around with this message at 21:34 on Jul 28, 2014 |
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Jul 28, 2014 21:31
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I'm going to go with... hrm... 32% drop
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Jul 28, 2014 21:33
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Gonna stake my claim on approximately 31.4%!
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Jul 28, 2014 21:34
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40%. https://www.youtube.com/watch?v=cxwLPBdIXlk
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Jul 28, 2014 21:39
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I feel like you guys missed an opportunity to name the thread "Games Workshop 2014: Deathwatch" I'll toss my hat in at 25% post bounce.
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Jul 28, 2014 21:44
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Business Gorillas posted:As much as I wouldn't like it, someone could streamline the rules for fantasy and make less of an entrance barrier by encouraging smaller games and it'd be a much more popular game. So Kings of War? 
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Jul 28, 2014 21:51
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Edit: ^^  Business Gorillas posted:The only reason its less popular is because its way more of an investment and more technical. As much as I wouldn't like it, someone could streamline the rules for fantasy and make less of an entrance barrier by encouraging smaller games and it'd be a much more popular game. Someone already did that, it's called Kings of War
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Jul 28, 2014 21:59
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http://www.oandp.com/resources/projects/stocker/Corporate_Deathspiral.pdf This seems quite relevant. It's not as long as it first appears - the interesting stuff starts on page 18.
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Jul 28, 2014 22:00
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BabelFish posted:"Games Workshop 2014: Deathwatch" 
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Jul 28, 2014 22:01
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BabelFish posted:I feel like you guys missed an opportunity to name the thread "Games Workshop 2014: Deathwatch" Only works if our kill team gets to drop pod into one of their board meetings and hose down the room with heavy flamers.
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Jul 28, 2014 22:07
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Well. That letter and report have been removed from the website. Seems they were put up early. Either that or someone with some brains realised how silly that preamble was. As an aside, Kirby has been talking of retirement for a few years now. The people I've been talking to said that his leaving this early is a surprise, but it was kind of expected sooner rather than later.
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Jul 28, 2014 22:17
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serious gaylord posted:Well. That letter and report have been removed from the website. Seems they were put up early. Either that or someone with some brains realised how silly that preamble was. I was able to load (and save) the preamble again just now. If you're talking about things besides the preamble, I don't know about those. I wonder what sort of person will replace him.
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Jul 28, 2014 22:24
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JerryLee posted:I was able to load (and save) the preamble again just now. If you're talking about things besides the preamble, I don't know about those. Its not linked anywhere on the site. I imagine the direct link is still working as its not been deleted, just hidden. And I'm hoping they get someone in from one of the big retail chains. John Lewis would be best.
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Jul 28, 2014 22:26
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One of you well connected folks should 'leak' this. I'd be exited to read comments from people on BOLS defending GWs business practices. 
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Jul 28, 2014 22:59
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BULBASAUR posted:One of you well connected folks should 'leak' this. I'm not sure if I'm correctly reading between the lines here or not, but please don't make up financial results for a company. Edit: vvvv My mistake, carry on good sir drgnvale fucked around with this message at 23:39 on Jul 28, 2014 |
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Jul 28, 2014 23:15
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Sorry- I'm talking about the letter. Nothing to do with fake numbers.
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Jul 28, 2014 23:34
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https://www.youtube.com/watch?v=A_sY2rjxq6M
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Jul 29, 2014 01:06
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http://www.youtube.com/watch?v=Z0GFRcFm-aY
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Jul 29, 2014 01:09
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Are you implying that white people stole table top wargaming from black people?
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Jul 29, 2014 01:11
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LordAba posted:Are you implying that white people stole table top wargaming from black people? Nah, they stole it from Asians. I mean, what do you think this was? 
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Jul 29, 2014 01:56
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LordAba posted:Are you implying that white people stole table top wargaming from black people? No, that's been retconned out of existence. They're not black, it's just a reaction to radiation. Painters mistake.
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Jul 29, 2014 02:02
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I'm going for December 29, 2014.
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Jul 29, 2014 07:25
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29.4% on the stock price drop.
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Jul 29, 2014 09:03
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The report is up, and it's not pretty http://investor.games-workshop.com/wp-content/uploads/2014/07/Games-Workshop-Group-14-combined-FINAL.pdf £11 million loss in revenue, looks like about a 45% loss in operating profit I can't even do my own taxes properly, so I'm gonna rely on other people to analyse it NTRabbit fucked around with this message at 10:05 on Jul 29, 2014 |
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Jul 29, 2014 09:57
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The lede is that the dividend per share is halved. But the damning statement is to call the idea of using focus groups, doing demographic research, or asking the market what it wants "otiose" and boasting they do not do it on page 5.
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Jul 29, 2014 10:24
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NTRabbit posted:The report is up, and it's not pretty Its...well, its not good. Those are the kind of numbers that will make the big pension investment shareholders question their commitment. They havent included the major issue facing their retail stores either, that their customer count is 30% lower than it was last year. Seems they've used the website as a catch for all their 'streamlining'. £3million of the websites cost was redundancy payments for staff they got rid of. Its real cost was £0.9 million. serious gaylord fucked around with this message at 10:42 on Jul 29, 2014 |
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Jul 29, 2014 10:37
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Earnings per share dropped by more than 50% in a year. Shareholders are going to see that and they are going to RUN.
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Jul 29, 2014 10:37
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Anyone else now getting a 404 from the link?
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Jul 29, 2014 11:07
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neonchameleon posted:Anyone else now getting a 404 from the link? Yep. That's some 4 million pound website they got there.
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Jul 29, 2014 11:10
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Apparently they uploaded it to two different locations, because it's still here http://investor.games-workshop.com/wp-content/uploads/2014/07/2013-14-Press-statement-final-website.pdf
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Jul 29, 2014 11:19
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NTRabbit posted:The report is up, and it's not pretty serious gaylord posted:Its...well, its not good. Those are the kind of numbers that will make the big pension investment shareholders question their commitment.  God drat. There is no way anyone can spin that as other than bad (unless they are just delusional or a pathological liar).
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Jul 29, 2014 11:23
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