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Thong Thief

Thong Thief

Posts: 165 Iron Posts by user Forum Profile RuneMetrics Profile
What people need to realize is that the company looking to acquire Jagex clearly wants more than just voting power, that's why they are buying 100% instead of 51%. It may be that they see a hole in the market currently in China, and RuneScape (and other games by Jagex) already have developed communities and could easily open up in the Chinese markets.

Also, whether or not this is going to "kill RuneScape" as many have already said above me, does not affect the current stakeholders, they will be releasing all risk on their end, and will simply cash out.

What you CAN rely on, however, are the Jagex Mods. This is their job. If they're looking long-term, they will not want a company to make this purchase that's going to run the company into the ground, because in that case, they're out of a job.

What concerns me is that this is a mining company. I haven't yet looked into all of their business ventures or what else they currently own. This seems like it could be a market that is simply outside of the company's realm of knowledge (hopefully they'll put their trust in the current Jagex staff).

So I guess the tl;dr of this whole thing is that you should keep playing the game. If it dies, it dies, if it doesn't, it doesn't. You have no control over it (unless you have ~150 million USD lying around to buy up half of the company) and you may as well enjoy your time playing regardless of whether or not the game is going to die.


EDIT: Just checked out Shandong Hongda's website. Makes me wonder what a company like that would want to do with Jagex. Definitely a low-tech website, with lists of services they provide, pretty much all related to mining. Maybe a last-ditch effort to turn a profit? Their stock values have fluctuated a scary amount over the past year, but they seem to be growing as of late.

15-Mar-2016 18:44:01 - Last edited on 15-Mar-2016 18:51:54 by Thong Thief

Sal J

Sal J

Posts: 3,771 Adamant Posts by user Forum Profile RuneMetrics Profile
^What Thong Thief wrote.

Ya'll are too busy being doom and gloomy. You think an aquisiting company would get anything out of the deal if they somehow tried to profit from the game by introducing additions that would scare away it's player base? Get realistic.
Never drop a valuable item.

Ikki blaka niður virðismikil ting.

15-Mar-2016 18:48:43

Nexus Origin

Nexus Origin

Posts: 21,010 Opal Posts by user Forum Profile RuneMetrics Profile
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where did you get this info and can you link it? I can't link it on the RSOF. But Google "Jagex", and you'll see.
The chinese company is called: "Shandong Hongda" It's actually "Shandong Hongda Mining Co Ltd". There are a number of "Shandong Hongda" companies out there, so make sure you're looking at the correct one.

Yes, the news is naming them as a loss-making company, as they have reported a loss of $55m for 2015 (last year's financial reports are not available yet, so we can only go by what they have stated right now), however, they are a substantial company, with over $­2 billion in assets, and a revenue stream of around $400m - $600m per year (as seen from previous financial reports).
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15-Mar-2016 18:52:05 - Last edited on 15-Mar-2016 18:54:12 by Nexus Origin

NZ Sheeps
Dec Member 2018

NZ Sheeps

Posts: 10,342 Opal Posts by user Forum Profile RuneMetrics Profile
Original message details are unavailable.
^What Thong Thief wrote.

Ya'll are too busy being doom and gloomy. You think an aquisiting company would get anything out of the deal if they somehow tried to profit from the game by introducing additions that would scare away it's player base? Get realistic.

You mean like IVP did?

15-Mar-2016 18:52:30

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