Bizarre Warhammer Crash! GW Stock Tanks
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Listen I work in sales (and wish I didn't) and it's awful these expectations. A low rate example: You can make $10 comfortable, so they target you at $20. You somehow make it, so the next year they target you at $40 even though you cannot feasible meet this target. You may come close, but you will be disparaged for not exceeding expectations. Truly awful. Customers want what they want. Exhausting.
The sales team part of the business i work for is a different person every month. Cant believe people have 20 years experience getting used up and thrown qway like that.
I avoid jobs like that like they're the plague. Had bad bosses a few times and have quit on the spot once and twice been fired because I cannot tolerate people being unreasonable or putting unreasonable expectations on me. I just can't do it. I've tried but the rage gets too much.
A flip in me switches and I go into zero tolerance war mode.
Luckily my current job in software dev allows me a lot of autonomy and the one time I had to deal with a bad boss resulted in us both apologising to each other and him agreeing to leave me be.
Bosses putting an expectation like that on me will suffer for it before I'm out of their hair
You will achieve the target, peasant, or you will be replaced by one of the 200+ applicants for the position.
Enjoy the capitalism.
I used to play 40K, and stopped buying their stuff a long time ago. I've switched over to Star Wars Legion and Mantic Games stuff. Way more bang for your buck!
But Star Wars is Soy Woke.
I think their multiple stealth price hikes has priced most people out of buying their stuff.
The poors who can't afford don't matter. GW survives on a steady stream of kids who pressure their parents into buying the new meta. Then they try to resell those unheated models as high as possible, which further insulates the retail price.
All of us who've been in this hobby more than 10 years are also to blame. We didn't push hobbying over legal models. We bought the new meta over and over. We didn't help kids start cheaply in local stores.
We let GW kill local stores and replace them with shitty corp locations.
@@KrisTomich
Wish it wasn't so true.
The other issue is the 3D Printer Affect.
Yep, I had to stop buying because it DOUBLED in price in a 5 year timespan
@@KrisTomichplenty of people in the hobby for 10+ years have never cared about the concept of legal miniatures. Or been meta chaser's. Once you've been around this long meta becomes kind of irrelevant.
Yup. I buy all my stuff secondhand now. I refuse to ever pay RRP. Not because I can't afford it but because everything is so blatantly overpriced.
As someone who had GW Stock and pulled out (while ago) here is why: It wasn’t that they weren’t hitting their $ marks. It was that every time they put out a product, it sold out in a matter of minutes, meaning the demand was there, but not the availability to keep making money.
Stock prices don’t affect the company unless they are putting shares out for sale. They got their money in earlier public offerings. That’s basic capitalization or recapitalization.
I follow a long-term strategy in investing, counting on the dividends to make money instead of the quick turn-around of the day traders. What I do affects the company, because when the prices drop, I buy more shares to increase my dividends and the value of my proxy votes.
I don’t recall if I have any shares in GW anymore. I know I bought a few, but I would have to check to see if I still have them.
In my opinion this is down to gw making scalpers their target audience and they don't care about hobby gamers or true players.
That literally makes zero sense lol
#1 reason to sell a stock, is to take the profit from the growth. It has nothing to do with future products, etc, we sell to take our part of the profit.
As a Compliance Manager myself who handles risk management internationally, I can tell you now if one guy negotiated that contract it would definitely not stand up in court. That one guy wouldn't have the power to hand over that kind of control themselves.
Unless of course... GW gave him executive... Power... They wouldn't... Would they?
Yeah, ok, I see it happening.
haha nah I don't thin they'll fall into the contract or anything, it won't be enforceable as it's clearly a mistake. It just seems to have scuppered the Amazon deal (if true!)
@@DiscourseMinis Never underestimate the power of human stupidity when combined with greed,,
Stock crash might be due to the progression towards a "boutique miniature" business. A number of gamers have been chased away from GW games (40K, Warcry, Necromunda, KT, AoS, even Underworlds) as the non-stop price tag increases are literally unsustenaible.
Might be, I'm just saying.
And mesbg
MESBG was/is the best game they ever did. They still cocked it up.
The rolling barrage of new minis and rules put me off investing in a GW system tbh Necromunda for example went from an underhive gang skirmish to a mad max game rather than going deeper into the hive
They've grown into a £4bil+ company since 8th edition 40K's launch... it's obviously working lol
@@WardenOfTerra Immediate prodit does not equal longevity. Pretty sure Disney is learning that lesson this last year.
I think it’s a bit of sticker shock , constant price creep, failure to stock items. Some boxes are near impossible to find for some odd reason when they cost a crazy amount of money.
Could it also be the the shareholders have recognized that the introduction of the new website has been a farcical failure and they've realized the management is incompetent?
Thats not how that works. Shareholders are herd animals and succeptible to panics.
That's completely irrelevant to the investors. All that matters to them is "line goes up."
Fans think that investors and CEOs have far too much awareness and influence that they have.
Love that expectation part. Its everything wrong with businesses and shareholders today. What a joke of a statement
Agree, investors are absolute wastrel parasites upon this world.
Seems many game companies are experiencing the same. Which is to be expected. I mean, most of us were stuck inside for 1-3 years. We needed something to do. Table games, miniatures, DnD, rug tufting, candle making, etc. A massive amount of people took up new hobbies, and now it is time to resume "normal" mode.
No depression mode
yeah there's definitely a bit of a snap back for sure! Things won't be the same compared to during the pandemic
@@DiscourseMinisor prior to lockdowns, as lockdowns themselves have caused supply dissruption, goverment printong and borrowing money to give out in furloughs has caused inflation, and now western goverments pushing net zero is going to cause even more economic strife. As war gamers budgets are squezzed even more due to redirecting money towards essentials, GW products are goibg to pushed further down the priority list, I see 3d printing is going to become even more popular over the nexr few years
its funny how the moment an entertainment company becomes more corporatised, the more they are incentivised to establish their products as "brands". GW is a good example as they make out the "warhammer hobby" is only exclusive to them and not a part of the wargaming hobby. Another is FIFA and Call of Duty; not being a "sports game" and "FPS game" respectively, but brands in their own right as this creates a monopoly of those brands; which once established incentivise the companies that own said brands to drain as much money as possible from as many fans as possible while trying to keep them invested in the hobby/game/brand as much as possible.
I for one welcome our new Amazon Overlords. I expect now products being in stock and easily ordered in a professionally designed Webshop
I see this regularly in the retail company, that I work for. The guys at the top think that profits from last year are a good way to predict what the future profits should be this year, and so on, therefor they can set targets, and expect to make a profit twice, or three times what it was the year before. They then get super pissy when the targets/profits are not achieved, "IT'S THE WORKERS FAULT, SACK MORE!" If they would pull their head out of their ass, they would realize that you cannot predict shopping habits, and you cannot garrentee profits, people change their habits on a whim, and you can't promise a set profit, if people are not buying your goods or services, you can't ever predict how many customers you are going to have, because people do not conform to spreadsheets, they have this thing called free will, they do not owe you money, and they will shop elsewhere if you upset them, kind of how like Games Workshop upset their customers.
I went into a gw store while christmas shopping asking if they happened to have a book i was looking for in stock. Not only was it not in stock (wasnt surprised, the book is in high demand) but they intentionally didnt have any Necromunda content in stock at all. I'm baffled at the logic of how they expect to make sales when they dont put new releases in stores... Bonus points for it being during the Christmas shopping period.
Well I hope the rumor isn't true. Henry seems like a genuine fan and I think if this was ever gonna happen, it would do better in his hands.
Shareholder greed at its finest.
Yeah. Even worse when they do layoffs near the end of the F-Quarter to boost numbers.
Bad business practices? Slave labor? You forgot the biggest one: pacts with Chaos Gods. The #1 most popular investment advice is to ask a company "how many generations?" Curse of WarHam and all that.
This Amazon-GW deal rumour does seem unlikely at first glance. However, one should never underestimate how incompetent people can be.
I doubt GW signed away their entire IP, but it would be a bit of karma if they did. Remember the litigious BS they have pulled over the years. It would be great if they got screwed by the same cudgel they used to attack people.
Not a lawyer, but from two minutes of digging:
They have been in talks for a while related to Film and Movie production
Within that context is what happens to the merchandise rights
Amazon seems to have those, which means Game Workshop has to pay Amazon to produce the likeness of the movie
Say it ain't so....
It's always good to see GW get what they deserve, they only have themselves to blame.
No investors suck They are all like Rudychan. Pump and dump trash that deserve being demon food.
One thing to point out about the share prices, the current price low isn't the only price dip we've seen this year. We saw dips in March, June and October, with March being the worst low of the year (£8,515 in March vs £9125 this week). Personally I wouldn't worry about this small dip, it's within acceptable price changes plus it's within GW's own expectations. I wouldn't be surprised if the price drop leads to further shares being purchased, whilst the prices are low.
I think the increased accessibility to home resin printers and the increased quality of STL models is having its impact as well as some bad faith decisions from GW coming into 10th edition has caused a rift with some of the buyers (I know for me I am still fuming over the data sheets changes being put behind a pay wall on a subscription based app, even though they originally said it would be free)
Unless you're going to tournaments play the rules you have. It's the meta chasing we have to stop. Their entire system of rules and releasing updates is beyond broken and in my opinion done to drive more sales and cause fomo.
That's what I don't like GW forever changing game rules
I havent given GW a penny in about 3-4 years.
They burn me out.
My 3d printer goes burrr
Thanks for warning me about those malicious actors spying on my hard drive...the last thing want is for Meryl Streep and Bob De Nero seeing what I have on my laptop.
Look out for Meryl Strep - it's a virus....
"Sex workers have dignity" thanks. spat out my drink. lmfao
They expected a higher RoI, so they’re getting out. Now is the time for fans to buy in if they can.
Company profits don’t actually affect the stock price. Higher dividends will discourage divestment, which can keep the prices high, but they the price per share is dependent on the demand for the shares being sold. If there are 10,000 shares being sold and demand for 100,000 shares in buy orders, the stock prices go up. If there are 100,000 shares being sold and only a demand for 10,000 shares, the price will go down.
Stock prices are massively confusing, because people will buy shares to resell for profit, rather than hold for dividends. Unless GW is issuing a new public offering or selling shares it didn’t sell in previous issuances, the stock prices are not an indicator of their business health.
A hearty “thank you” to FASA for teaching me how this all works in the Shadowrun book Corporate Shadowfiles. It has made me a lot of money over the last couple decades.
17:30 holly f. Such a fundamental understanding of companies and the market in such a video - where are we here? This is awesome!
This Amazon rumor sounds suspiciously close to the rumors around the Damnatus fan movie in the early 2000s.
SGerman 40K fans had been making a full live action fan movie and wanted to offer it for free online.
Rumor has been, that due to a clause in german copyright law it would have extended all the rights to the IP (including sublicensing) to the makers of fan project, if GW allowed them to publish the movie.
So the fan team could offer and sell the rights to erveryone they wanted, if GW wouldn't take legal action against the project (in German business law not acting against something a company is aware of, counts a agreeing with it).
Its the constant price hikes that have done it for me, been buying since the 90s longer than some ppl here have been alive 😆 gw forgot to realise they are not the only game in town
I wouldn't give them a cent.
Wish they would make a new and expanded version of Mordheim: City of the Damned.
You know what'd fix this?
Re-releasing Space Hulk.
Just sayin'.
What? For £200 plus for a set? The days of decent GW are long gone.
GW will likely never rerelease that game because it undercuts themselves. When V4 came out, the secondary market was flooded with cardboard because 40k players were buying the game for the models which were cheaper than buying the regular minis. The only way they would rerelease it is at a substantial price increase that wouldn't kneecap their existing model range, or just release it like the recent Warhammer Quest expansion where you only get the cardboard parts and have to get the minis from their existing range.
@@kelvingriffiths6017It was purely tongue in cheek. And that'd be 400, let's be honest.
@@Dstinct Yeah I could see that.
I'm still ordering one but the Tie-Dye Proxy shirt should really be in sprue grey.
"No one expects the Spanish expectations!"
i will laugh my ass off if GW sold space marines to amazon i will die from laughter. it would go down as one of the most shotting your self in the face moves ever!
It can't be, because they don't have that IP
Didn't they sell Space Marine images to Disney? Don't you remember how similar Moff Gideons troopers helmets looked.
Discourse posts a video about GW potentially arsing up their Amazon contract one day and GW post a Warhammer Community article the next morning pretty much as soon as financial trading opens saying everything's fine guys it's all fine honestly. I think we all know who the most powerful wargaming TH-camr is now
Can't believe the contract story - as you say there will be enormous amounts of governance and teams involved to get a contract in place with the likes of Amazon etc, especially for the likes of GW who we all know like to wield lawfare around their IP like a hyperactive kid on a sugar rush.
Amazon has managed to outmatch even larger competitors, showcasing their expertise in striking advantageous deals. In fact, their dominance in the market has even made China, a formidable force in the business world, acknowledge the power of the Amazon giant.
Regarding that third crazy possibility based on a rumor... I can believe it happened, frankly, BUT it's also extremely likely the guy had overextended his signing authority (usually, a company has a certain number of people with authotization to sign specific types of contracts, in this case I'd think they guy was authorized to sign only media rights of use, that is, allowing third parties to use the IP for a specific production, with a pre-redacted contract to which they would add the specific project). Now, normally both legal teams speak together after the salespersons from both sides had decided on rough ideas, legal makes several drafts, those go to the risk department (which would look only to the numbers parts, not to the legalese wording, that being part of the Legal team!) then gets signed, and both legal teams review that the signatories do have authority to approve the contract (thanks to official documents listing what can sign that person). So yeah, several departments do look it over their specific parts... but as the Old Philosopher sayeth... "that's not my frigging job" regarding all the others!
Can't wait to see your take on the Hasbro and WotC situation.
Pretty much the same deal. Hasbro/WotC has become all about the stock price, and the big corporate investors barely even know what gaming is. D&D is viewed as product, not a game beloved by millions, and as a result the only thing they care about is whether the line goes up. And oops... it isn't.
Wow, End War. Haven't thought about that game in forever. I loved the audio control feature. I actually really had a lot of fun with that game.
As long as the peices for models drops to be in line with other similar games.
The problem is that Warhammer isn't popular. The half-baked idea of a marketable version of Warhammer has been pushed as popular, but it's not. Warhammer is a niche hobby, always has been, and the attempt to reach the 'wider market' has only meant that the core customers have become more disenfranchised.
It is very strange to see a video about Games Workshop prices going down.
Great video. First explanation is the one that makes the most sense: insatiable investors didn't get their required line slope. Most of those investors probably don't know what a space marine is.
"Mad Uninformed Whims" - I think you have a new channel name there.
Hazbro and now GW down with the giants!
That investor 'infinite growth'-reasoning surprising anybody is baffling.......our entire financial system is build on the assumption of impossible, infinite growth. Expectations become benchmarks and minimal thresholds for future operating periods, this is basic stuff that has gone on for centuries.
All the other stuff like stock issues, new product lines having a rough time of it after initial launch and even outclassing segments of the community with price hike after hike aren't even on the radar for these types of folks. They do not care nor will they ever even do a deep dive into the inner workings of either GW or the hobby.
It's all about their return on investment, the rest is just noise........they don't care and will take their (well generally not actual their) money to the next cashcow that outperforms expectations for a few fiscal quarters while avoiding taxes as much as they can. At least vultures serve a role in an ecosystem................
Be funny if its only 40k thats sold to Amazon and then WFB coming back is what keeps the GW hype train alive.
That would be the ultimate irony wouldn’t it?
The one property they’ve been hawking with full unrepentant glee for the past 30+ years is sold off, and the property that just turned 40 is only now getting a look in, in 2024.
The Prodigal Son returns. To save the franchise? Or to be its downfall?
Apart from the price hikes, they also sell pre-order promises instead of actual product. It seems a lot of people have amassed such large piles of shame, they easily lose interest in the shiny new thing because they can't get their hands on it while it's still the shiny new thing.
It's not unusual for stocks to fall with expectations met or even when they beat. Sometimes stocks go up with a miss. It's crazy and I do play in stocks.
The stock market's forward looking. Expectations are already priced in. If reports meet expectations, or miss, then traders will take profits.
The last rumour made be chuckle even so
Having worked for a stocks youtube for two years, I never take much notice of 10% drops in stocks these days, it's fairly normal. But I agree GW are fucking shit up and will be getting even more greedy as time goes on, they're definitely not looking at a long term model for success.
The board must be looking at the long term now the good times are over surely
Cheers, love this, got my sub, about to go binge the rest of your videos. :)
It looks like if they own anything, amazon now has the film/TV licence, not necessarily the whole 40k licence
I think it’s more about expecting to be bought by Hasbro, and Hasbro just laid off 1,100 people and is expecting to file for bankruptcy.
Tom Clancy's Endwar mentioned!
would like to have stayed with the 40k hobby, but between the price hikes and inflation that they first told me was just my imagination then was told it was good for me, i've been forced to walk away. Its rare for me to even go visit my gaming store anymore cause it costs me 25 bucks just in gas to get there and back home where as few years ago i was there every weekend playing. I hope yall have friends that live close by and dont mind you playing with older models.
1. Investors having unrealistic expectations seems plausible to a point but not too much.
2. Age of Sigmar is very difficult as a setting to translate into a good videogame or even a good RPG. There’s a reason most GW fantasy video games or ROGs are still WHFB. AoS was born out of the perceived need to defend their IP (so elves became Aelves, and demons became daemons…). The game has stunning centerpiece models for sure but it also generated a lot of ill will and the whole over the top “space marines in fantasy” setting is not what a lot of fans wanted. We’ll see how the Okd World does (given at least a modicum of support from GW).
3. Unless the guy who negotiated the deal was paid by Bezos I can’t see that story being true. I love Rob and he certainly knows people in Nottingham but I think it’s more likely Amazon just decided a 40K series was too risky and costly, especially after the LotR debacle.
Thanks Discourse 😊
A fantastic episode, as always! Thank you for all your efforts in putting this together 😊👍🏻🥂
I hope that you have a Merry Christmas 🎄🎁 😊
Merry Christmas 🎅
Sales appeared to be beating company expectations earlier in the year. Investor expectations became higher than the expectations of the company so investors bought more shares raising the price. Sales slowed and investor expectations were not met, only the initial company expectations. Investors sold shares based on their expectations not being met thus tanking the price.
This is not that difficult to understand.
They started licencing computer games a bit more than a decade ago!
The first Space Hulk computer games was released in 1993
Forget the promise of progress and understanding, for in the grim dark future there is only profits. There is no peace amongst the stars, only an eternity of price rises and FOMO, and the laughter of thirsting shareholders.
I didn’t know they were publicly traded. That ultimately destroys most of these smaller discretionary spending companies.
Have been for like 30yrs
@@richtheunstable3359 huh.
it goes up and down, nothing to worry about
yay new video! ❤this is the reward of such decisions.. no mercy and no pity. i only bought the afe of darkness box in 2 years from GW. they will get nothing from me now for the next year at least after they fked up 10th release rules and brought back codices. happy in opr land over here.
Well said.
The investors do not really care about the company they are investing in, the just want to see more and more money.
If you are "honest" in your forecasts as a public company, you get punished at the next shareholder meeting, as you did not exeed expectations.
So it is better to lie and set lower forecasts, which has the other downisde that the stock might tank after the forecast.
Whatever you do,you are doomed.
This happens regularly to many companies, especially if their stockprice is already inflated as is the case in GW:
As you can see it is most of the time only a short time drop,and the price gets back to its pre anouncement price.
Their products have ridiculous prices. I am someone willing to splurge on hobbies but I've moved towards proxies because the cost of a 2k point army can be $1000 these days.
As someone who has been involved in IP contract negotiations between entertainment companies, I don't even know how it would be possible for "one guy" to go off and sign a contract on behalf of the company, even if it was the owner or CEO. Even at a mid-sized corporations there's at least 2 layers of bureaucracy and lawyers before a contract even gets put on the table, let alone signed.
The rumour/leak is that this exec lied and said that the contract had gone through those bureaucratic steps.
To be fair it's climbing back up and is still higher than it was at the start of the year, so it's not exactly going badly. At the moment it's like
yeah, like I say in the video, honestly the GW stock is so monumentally high at the minute, it would take a MASSIVE dip to make anyone worry at this stage (anyone reasonable that is)
@@DiscourseMinis GW is in a really annoying position, honestly. They're frustratingly obtuse and constantly seem to have issues (often self-caused), but so far their books look good, their suits are probably pretty happy, and they're certainly not hard-pressed to do much introspection.
People like to say that they're going to feel the flipside of their blundering, but damn if it just doesn't seem to materialize...
@@goblinrat6119 Everyone's afraid that if we make GW feel the financial consequences of their actions, that they will up and shut everything down either out of spite, panic, or incompetence.
The 'fairy tales of perpetual growth' continue to deliver tomes of reality, much to the disbelief and disappointment of fantasists... it's utterly epic that people playing fantasy games have a better grasp of reality than the people in charge of the real world!
I keep hearing this rumor. and still can;t understand how people think that one person can sign away the IP of the entire company. This is completely fictional. I know GW has its haters but sometimes it really blinds people to common sense. These things need to go through legal.
I am an actual GW stock holder so I read the report. Part of the disappointment was from a decrease in revenue from licensing which feel from 14 million to 12 million from the previous quarter. The delay of space marine 2 also did not help. GW also gave a bonus of 1.5k sterling to each and every employee as a xmas bonus. Investors also did not like this as they thought those should have been given as dividends to stock holders.
Well, given the announcement today (18 Dec) on the Warhammer Community site, potential reason #3 is probably debunked . . . (unless they are totally doubling down and hoping that Amazon just buys them outright)
The only reaching expected results thing sounds like Escapist's "Not reaching targets we forgot to define" nonsense. More evidence that the money-men shouldn't be trusted to voice opinions.
I hadn't realised they had a new RTS game out, so maybe bad marketing is part of the problem. Admittedly I'm not the biggest RTS fan and the prominence of stormcast may have put me off, but still a marketing fail.
They messed up the Old world and the new epic is ruined by being 30k. They messed up with the codex’s and the locked content.
Thanks discourse
GREED is an addiction that can never be satisfied...
I'm not actually a Warhammer fan, and I've never played a game. But I do enjoy following your analyses of them.
The way you say sales sounds like seals. And my brain is like "GW pays its investors with chonky bois."
I hope it falls enough that they learn the need to produce more (per product not more products) and lower price to where it was like 15 years ago. Im a player of 20ish years and in America (were they give a artificial 15% to 25% markup) and I remember that even though they didn't update models often the models were 25 to 35 usd for heros, 35 to 45 usd for infantry squads, and about 60 usd for a tank. I believe that the main rules were always 80 usd, and codexs were always 40 usd. The paints and brushes I belive went up a few usd since my childhood.
And today (24hrs after this dropped) Financial Times reports Amazon deal which offers $1-2m per episode of a 10 ep season. Not bad going forward.
Goblin Commander: Unleash the Horde is the only rts that worked on consoles, and it was released only on consoles
too expensive to buy their stuff. There is a cost of living crisis they keep over looking
Honestly, when the stock price plummetted I picked a nice chunk of GW stock up. Not a bad short term investment imo due to the fluctuation of tabletop company stocks. My plan is to wait for the stock to rise again after 11th edition and then sell it off. If there is another dip later that year I might repeat that attempt but generally I find double down on stock dips multiple times to be a bad idea.
So I take it the new range of space wombles is going to be called 'Mechanicus Ineptus'.......... Plus do you get a slice of Greggs for the plug?
Games workshop business practices, has long felt like a guardman, pulling the pin and throwing it. Then smugly puts the live grenade in his pocket!
Discourse, you have the best rants on the interwebs!
"Pardon my Bulgarian".. Priceless!
States here in the news that Game Workshop gave Amazon merchandise rights on anything produced related to the television and film.
You know, that one thing everyone will now be wanting their models to match up to....
HILARIOUS INDEED.
Raising prices on luxury goods during a major recession is always going to result in a drop in customers. Wont come back until wages go up.
Do you think the massive increase of sales during covid that raised their profits exponentially also raised their stock prices much higher than they would ever normally reach, so they just came back down to a more normal level?
As an investment fund analyst... YES absolutely 👍🏻 it's probably due to the lack of dividends also
Re the bonus - that isn't being handed out to any of their part time shop staffers who step in to cover for shops that don't have managers. Those staffers get NONE of the GW bonuses - no discounts, nothing, just minimum wage and a fuck you. :) My local GW has for years essentially been maintained by a part timer who's great, but they refuse to make him the manager for uhhhh ???? reasons ??? and the poor sod continues to work there for minimum wage while also holding down a job as a chef. Asked him if he got the bonus and he just laughed in my face.
The gear shift in to the Ad Read is so abrupt that it made me laugh out loud.
"Sex workers have dignity" 😄👍
If Rumour #3 is true, that's feckin' mental 😲Would someone sink vast amounts of cash in to a project with no due diligence? Let's ask Elon.
The best part about GW raising prices is that it actually translates to less sales, and less revenue. Lower prices(to a point, obviously), will have a positive effect on sales, and thus, equate to larger revenue.
So, instead of taking some of my money because I want to buy a new army, they get none of my money because I refuse to buy their overpriced shit. I would rather 3D print my new army because I can find any number of sweet models from other companies. Oh well.
Btw, that gd website is TRULY something else. It’s not a good website, that’s for sure, it’s definitely something else.
Just wanted to point out what a well presented, well-balanced video this was. All points thought out and explained. The conclusion that GWs stock price isn't going to end the world, regardless of what a downturn of stock prices suggests. I'm not going to say I'm always in agreement with your views in every video, but I liked this balanced format. Really nice work.
No way that rumor is true. The GC in concert with outside counsel would have been directly involved from the jump.
Best video in a long while. Good job.
GW was just trying to one-up Hasbro/WotC . 🤪
You forget about holiday bonus for staff. Thats actually how market value goes off from stock. You take out money from company bank account ;-)
The best Hernry Cavill can do is . . .
1. Torpedo the Amizon "deal" and let die on the vine.
2. Start his own production company.
3. Ink an ACUAL deal with GW .
GW will have to take on all the initial risk, consider it learning a expensive lesson cheaply.
The New Old World game is unavailable for purchase currently, but having not played WFB because of the lack of players when I was a younger person so ended up playing 40k while searching for people to play Blood Bowl and now I’m getting into DnD again more fully and my sister got me to investigate what Critical Role which I am enjoying 🎉
I recently wanted to get back into 10th edition since playing 2nd edition. I looked at GW's prices and actually laughed out loud at the prices I'm expected to pay for plastic toys.
Argh, ya got me. Dawn of War is also still my favorite Warhammer RTS.
one million likes for the "2023 was a pretty big year refernce"