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  1. #1
    Fly Lord
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    Jul 2009
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    Default GW 2010 Financials

    Yearly report... read all about it here:

    [url]http://investor.games-workshop.com/downloads/results/results2010/2009-10_FinalFullYearReport.pdf[/url]
    Got some Juicy News? Email BoLS

  2. #2

    Default

    Another good year for GW, despite all the predictions from the internet economists. Profits up, costs down.

    They are now debt free, which is a big thing for a company in the current financial climate.

    Royalties down, they seem to blame the downturn in the video game market due to the GFC.

    They also acknowledge that business management in North America isn't as good as it should be.
    Ask not the EldarGal a question, for she will give you three answers, all of which are puns and terrifying to know. Back off man, I'm a feminist. Ia! Ia! Gloppal Snode!

  3. #3
    First-Captain
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    Default

    I bought my shares at 166. That's not a bad increase and I'm getting a dividend, which I will buy models with guilt free.
    Awesome.

  4. #4
    Occuli Imperator
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    Default

    I still wouldn't buy the stock for nothing more than nostalgic purposes.

    Duke
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  5. #5
    First-Captain
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    Default

    Quote Originally Posted by Duke View Post
    I still wouldn't buy the stock for nothing more than nostalgic purposes.

    Duke
    I wouldn't buy it now either. But it was worth buying 3 years ago

  6. #6

    Default

    Hi all.
    IF we take currency fluctuations into account they have a slight dip in revenue, compard to last year ,but the restructuring means they have made more profit .

    And if we take a look at the last 10 years ,the increse in revenue is falling way behind the increase in retial prices.

    Therfore GW s customer base is shrinking year on year.

    As most GOOD companies operate on a profit of 30% MINIMUM of revenue, GW is NOT that efficient yet.
    (My company had a clear profit of 43% of turn over this year.)

    GWs managment are in a' holding patern ' waiting for a buy out, IMO.

    TTFN.

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