"25% Sale on Games Workshop stock!!!" Topic

Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, and distributes miniature figures and games primarily in Western Europe, North America, and the Asia Pacific. It provides a range of plastic and metal soldiers, and rulebooks under the Warhammer and Warhammer 40,000 brands. The company also holds licenses for The Lord of the Rings tabletop battle game. In addition, it designs, makes, and sells game systems and accessories; and publishes books and magazines, as well as offers paints and tools. The company sells its products through its network of approximately 400 Hobby centers, Internet, and mail order, as well as through independent retailers. Games Workshop Group PLC is headquartered in Nottingham, the United Kingdom.

tl;Dr GW stock tanks 25%. Buy now for the big come back!

"Traders took a warhammer to Games Workshop"…now that's funny!

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Shares can be for the long haul not just a quick profit – IIRC GW were about £1.00 GBP a share 5 years ago – so £5.50 GBP would still be a pretty good return on sale of the shares, although you'd have missed the most recent peak price.

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Yeah. The share price tends toward the net present value of all future expected cash flows (dividends). Yeah, stocks will shift with good news or bad, but ultimately the stock tends to that value.

So really the question is whether you think this is a temporary setback or a permanent shift in the future viability of their business.

I had just questioned the wisdom of the one man shop on another forum, and it seems I was correct. Stores only open 32 hours per week is a mistake

Sales second half of 2013 were down 30% compared to the same time last year.
Games Day UK 2013 attendance 3600 compared to 8000 in 2012.

The long downward demise of the EE?

If the stack falls much more, maybe Battlefront can start a hostile takeover.

As for game store hours, 5p-10p M-T and noon to midnight F-S.

All the above and maybe all of the detractors about silly LOTR prices. It will be interesting whether GW stays the course, which is what Tom Kirby's statement implies, or whether they change anything in reaction.

Finecrap in action?

I see a direct correlation between falling sales and the demise of Specialist Games and the disaster of first generation Finecast.

Any business model that ignores your existing customer wants with the expectation that new customer churn will make up for problems, is flawed. In other words, you don't release figures that are cheaper to make and increase the prices as well. You also don't get rid of figure lines that you have production capabilities for and ongoing demand. Dumping Specialist coverage in WD magazine isa sure recipe for decreased sales too.

I'm a big fan of Specialist Games and GW in general. Their business decisions, not so much. Being publicly traded makes tgem beholden to tge stockholder and not their customers. Somewhere in the mix tget have forgotten thei customers and have treated buyers as consumers willing to go along. They have lost loyal customers as a result. I have spent way more as an adult than most spoiled young adults and teens they seem to target.

Direct result of other companies producing high grade alternatives to the over priced and over commercialized product GW now offers. Their practice is give the customer less and charge more. So people go elsewhere. I love their stuff but now buy lots of alternative figures. They wi likely stil appeal to the fanboy purests but that wont last forever.