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Jim30
02-05-2013, 19:46
I picked this up on a financial forum, but on 19 April, the board issued the following RNS:

"In the four months to 7 April 2013 trading has been broadly in line with the board's expectations."

It is word for word identical to the previous few years, so read into that what you will.

Interestingly though, the stock rose almost 3% today for no particular reason. One wonders whether the rumours that the Company may shortly be sold off, which I have seen gaining traction in some quarters, could be starting to leak out to the brokers.

Scaryscarymushroom
03-05-2013, 00:30
Interestingly though, the stock rose almost 3% today for no particular reason. One wonders whether the rumours that the Company may shortly be sold off, which I have seen gaining traction in some quarters, could be starting to leak out to the brokers.

I wouldn't be surprised if it had to do with them getting rid of Specialist games etc. The first Warseer post about it on was April 29. They've grown almost 8% since then.

Autumn Leaves
03-05-2013, 05:35
GW are positioning themselves for a takeover bid by shedding any deadweight that isn't moving in their books. This way they can present a solid solvent front.

Jim30
03-05-2013, 06:20
I dont think it was the sg decision. Fee stock holders know much about the product ranges or care. I think something else is brewing.
That said i do think sg disposal is a way to cut costs andgenerate a one time revenue boost. It will be interesting to factor this in when looking at the financial results this year.

Autumn Leaves
03-05-2013, 07:01
It's not just the SG discard, it's all the collectors ranges as well. They probably weren't making enough for the labour involved to pick them etc
Put them together and it's quite a lot of stock that is going to be dumped, but in the meantime it will give a little cash increase for the greedy GW coffers as the panic buyers and mercenary eBay touts boost the sales.

PrehistoricUFO
03-05-2013, 12:00
GW are positioning themselves for a takeover bid by shedding any deadweight that isn't moving in their books. This way they can present a solid solvent front.

So ominous.

Jobu
03-05-2013, 13:46
Would any of the big guns in toys really want to get into this genre? What advantage would it give them? Would a large toymaker really want retail storefronts? Would the GW games be more profitable without stores? Probably. Would it be enough to entice a large toymaker?

I think the GW financial people are just enamoured with austerity at the moment as they look to keep profits going and debt low. GW has been pushing the "maximize profits" dogma for a while now. They are a lean plastic making machine. At some point the profits line and the "inelastic" demand line will intersect, then we will see what GW does, which will be interesting.

Easy E
03-05-2013, 13:58
Who said they had to be from a Toy group. I'm thinking Private Equity firm looking to churn to earn.

shelfunit.
03-05-2013, 15:13
Who said they had to be from a Toy group. I'm thinking Private Equity firm looking to churn to earn.

Essentially that already.

Autumn Leaves
03-05-2013, 15:56
What he said.

Jobu
03-05-2013, 17:30
Who said they had to be from a Toy group. I'm thinking Private Equity firm looking to churn to earn.

Me, but private equity does seem possible. The question from me is what would make it attractive to private equity? Or why would GW go the private equity route?

Blutrache
03-05-2013, 17:53
Ha! As I own some stocks a takeover would be good for some extra cash :)

BTW: I used to use the dividend from GW to buy some additional fun stuff from them, but over the last few years I've stopped buying GW stuff and the dividend instead went to FoW, Mantic and other small fish instead. Pretty ironic...

/Cheers

Scaryscarymushroom
03-05-2013, 18:24
BTW: I used to use the dividend from GW to buy some additional fun stuff from them, but over the last few years I've stopped buying GW stuff and the dividend instead went to FoW, Mantic and other small fish instead. Pretty ironic...

/Cheers

Lolololol!

GW has been investing in their competition! :chrome:

esk34
04-05-2013, 04:34
Would any of the big guns in toys really want to get into this genre? What advantage would it give them? Would a large toymaker really want retail storefronts? Would the GW games be more profitable without stores? Probably. Would it be enough to entice a large toymaker?

I think the GW financial people are just enamoured with austerity at the moment as they look to keep profits going and debt low. GW has been pushing the "maximize profits" dogma for a while now. They are a lean plastic making machine. At some point the profits line and the "inelastic" demand line will intersect, then we will see what GW does, which will be interesting.

I could see the IP alone being worth the investment. Not sure if an action figure line would work all that well with the darkness of the universe, but that could easily be lightened up, and a tie in cartoon and videogame would really help push a new line. Could also bring back casual entry type games like space crusade etc, to really cash in on the existing market. I could see them being interested. Just depends upon the price.

Not that any of this is likely to happpen, but I do keep hearing rumors of a buy out. (since about 15 years ago mind you.)

weeble1000
07-05-2013, 16:55
The miniature wargaming market is expanding rather aggressively and moving ever close to mainstream. It seems to me to be the sort of thing Hasbro would be interested in, if anyone. Hasbro bought up WotC and WizKidz. They have done RPGs for a long while now, which are also becoming more mainstream, especially with the recent trend of packaging them up like board games. They also do the Clix games. I would honestly not be surprised if Hasbro was interested in expanding into the fast-growing miniature wargaming market, which has a lot of tie in potential with others of its products, such as RPGs and Clix games. GW is a juicy fruit in that market, with a great deal of market share, a substantial extant customer base, solid infrastructure, and some percolating financial troubles.

Warhammer and Warhammer 40K are collectively the Dungeons and Dragons of fantasy table top wargaming. Hasbro already gobbled up D&D and has been milking that cow for a while now.

Lothlanathorian
07-05-2013, 17:13
When did Hasbro own WizKids?

shelfunit.
07-05-2013, 17:36
When did Hasbro own WizKids?

They don't - unless of course NECA are owned by Hasbro.

Lothlanathorian
08-05-2013, 03:54
They aren't. Of the three owners of WizKids, none of them have ever been Hasbro. They were owned by themselves, then Topps and now NECA.

I can't really see any company that can afford to buy GW continuing to make Warhammer/40K as is. It would be a sad thing if GW's IP became pre-painted miniatures or video games only. That isn't to say that's what would happen, but, it's not something I'd like to see happen. Then again, this is coming from someone who doesn't play GW games anymore.

budman
08-05-2013, 08:57
Ha! As I own some stocks a takeover would be good for some extra cash :)

BTW: I used to use the dividend from GW to buy some additional fun stuff from them, but over the last few years I've stopped buying GW stuff and the dividend instead went to FoW, Mantic and other small fish instead. Pretty ironic...

/Cheers

now is the time to buy I am down to the broker at lunch today