Game Share Discussion Threads

[doodle1] 19/3/2012 12:51

I smell shorting FEAR ...BLUE by close of play....lol

[stevi111] 19/3/2012 12:46

You cant even blame GAMES failure on no new consoles....

Microsoft Said to Plan Debut of New Xbox in 2013 at Earliest

Microsoft Delays Plans for New Xbox Until 2013

* A Microsoft Corp. representative demonstrates an Xbox Kinect video game at the Electronic Entertainment Expo (E3) in Los Angeles, California, U.S., on Monday, June 6, 2011. Microsoft Corp. said it struck an agreement with Google Inc.'s YouTube to deliver video on the Xbox Live service, as the software maker lines up a live television service for later this year. Photographer: Jonathan Alcorn/Bloomberg

Microsoft Corp. (MSFT) will release the next version of its Xbox console in 2013 at the earliest, as the company squeezes at least one more year of sales out of its current model, said two people with knowledge of the matter.

The company may show the successor to its Xbox 360 in June 2013 at the E3 conference and put it on sale that same year, said the people, who declined to be named because the plans are confidential. David Dennis, a company spokesman, said earlier today that Microsoft won't discuss new Xbox hardware at this year's E3, quelling speculation that the device would be unveiled at the 2012 show.

Microsoft's Xbox 360, bolstered by the Kinect motion-sensor accessory, had its best year of sales in 2011 -- the console's seventh on the market. Announcing the next model too soon risks hurting orders for the current lineup, and new consoles typically lose money for their first few years. The Xbox 360 is profitable, giving the company incentive to keep it on store shelves for a longer period.

"They're still selling a lot of Xbox 360, and they're making money," said Michael Pachter, an analyst at Wedbush Securities Inc. in Los Angeles. "I don't think the world needs them to put a new console out just because we're bored."


This clearly shows just how flawed the GMG business model is nowadays.

[justthemoney] 19/3/2012 12:45

bingowing, It is all about confidence in this case. GMG have enough cash to pay the rent, wages, but probably not enough to pay off lenders and suppliers. So if a deal can be made to give them a few months breathing space, they'll be out of the woods. The problem is the current management, and I don't think they have either incentive or skills to take positive steps.

[ihavenoclue] 19/3/2012 12:44

rant rant dribble rant

[stevi111] 19/3/2012 12:42

GAME GROUP IN RACE TO SECURE 180 MILLION POUND LIFELINE Game Group has a week to raise about 180 million pounds or risk collapsing into administration

Who would want to pay #180m now when they can buy it back next week (in administration) for a fraction of that ???

[doodle1] 19/3/2012 12:33

excellent Bin is here trying to trash it!!! Now I know it going to go up :-)

[binladin] 19/3/2012 12:30

noone is going to lend even 1m let alone 180m its money down the drain......rthe business model fails alll the product can be sold on the internet cheaper...........

[bingowing] 19/3/2012 12:29

600k buy at 2.70p

[doodle1] 19/3/2012 12:28

ihavenoclue... that you can :-)

[bingowing] 19/3/2012 12:26

Just the money, it seems that opcap have been given permission to speak to the suppliers directly mate....

[ihavenoclue] 19/3/2012 12:25

doodle ... you can smell the desperation on his posts, can't you ? :)

[tonysss13] 19/3/2012 12:19

lol justthemoney and £180m by the weekend isn't genuinely in trouble?

[bob monkhouse] 19/3/2012 12:18

Dont speak to your elders like that lad

[justthemoney] 19/3/2012 12:17

woolies and GMG are different. woolies were genuinely in trouble, GMG are self inflicted injury. A company has small debt, at the bottom of market cycle, only in Nov paid div, etc.... The board have been very arrogant trying to screw up suppliers (pretending to be TESCO), and they've got what they deserve. Unfortunately the whole drama is being played out at the expense of shareholders.

[doodle1] 19/3/2012 12:17

ask stevi111 hes short and is starting to stain his pants as its not going down and staying down...hence the same drivel posted in CAPS that we already know

[binladin] 19/3/2012 12:16

rip............

[bob monkhouse] 19/3/2012 12:15

Silly question, but if you sb short the co and it go's bust you get paid out to 0p?

[lw425] 19/3/2012 12:12

mali, you did not answer rossannan's question at all. your reply is bolloc*kks

[tonysss13] 19/3/2012 12:09

none of these news articles give me the impression there will be any shareholder value left whatever the outcome.

[pattayaboy] 19/3/2012 12:01

So was woolies but it went.

[justthemoney] 19/3/2012 12:01

GMG will remain on high street, it is too big employer to be shut. The problem is that shareholders will most likely get NOTHING. Folks we are forgetting that the Board are clearly not working in the interest of shareholders, they are both arrogant and incompetent, hence the problems with the lenders and the suppliers.
I'm in for any handouts post pre-pack, although expecting and have priced in 0p.