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Averia Light

Averia Light

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pls dont sell rs to a bankrupt failing chinese mining company

Bankrupt? hardly. Buy more into sensationalistic journalism with no morals.


better than a communist-run failing chinese mining company with no morals


"Shandong Hongda’s Liang Xiuhong and other shareholders have borrowed heavily in the domestic shadow banking sector, pledging the company*s shares against wealth management products on at least three occasions, according to documents seen by the Financial Times. It warned in January it could report Rmb350m ($55m) in losses for 2015."

Oh boy, yeah lets simplify their company into a political agenda, tinge of racism and then quote a website that made claims that were proven untrue.
Nice!

Tclcis there is an oversupply of steel right now. Their 2014 figures indicate 180m profit with I think 600k negative cash flow. Even if their profits are somehow still good, the cash flow issue will only get worse with the current steel market because they won't be able to turn around their inventory.

And belive me cash flow issues are a hell of a lot worse than net losses. And I swear I'm not going to let her know all the pain I have known

16-Mar-2016 20:32:49

JStark
Jun Member 2023

JStark

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L M * A O


No more MTX because of this? I'm sorry, but for those of you who aren't familiar with Asia MMO's, cash-shops are a HUGE factor to their MMO's.

Expect to see an increase in MTX if this happens. There's no way around that, and no amount of beating around the bush can mitigate this fact.

Asian investors = increased MTX.

I'll gladly bet my account on that.

16-Mar-2016 20:34:00

Eva Element

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bot watch went into effect in 2010. eco went into effect in 2012. how can you blame the effects of one on the loss of player count caused by the other.

bots only made up a percentage of the players ONLINE at one time. the loss in player base was several times that number.

On 25 October 2011 at 2:37 PM GMT, an update code-named ClusterFlutterer, also known as "Bot Nuking Day", or simply "Nuke Day" was implemented aimed at preventing reflection and injection bots from functioning. Jagex believes that this consists of 98% of all bots seen in the game

Optimus was perceived to be a second Bot Nuke originally planned for release in March, but was delayed until 3 May, 2012, when Jagex implemented it. There has been much speculation on the target of Optimus—although widely believed to be aimed at only bots, Optimus was, in fact, an update to the game engine that allowed it to be easier for Jagex to implement systematic changes.

On 18 September 2012, Jagex added preliminary bot watching code to RuneScape, and spam bots started to explode and get banned.

Please don't make ignorant claims. It literally took a 20 second google search to prove your statement wrong. I'm a big entropy fan.

All subtlety and nuance of a napalm enema

16-Mar-2016 20:34:54

Team Skull
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Team Skull

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more stuff

And you've provided no logical basis for your argument.

See? I can say stuff for the sake of saying stuff too. "Revenge...is like a rolling stone, which, when a man hath forced up a hill, will return upon him with a greater violence, and break those bones whose sinews gave it motion."- Jeremy Taylor

16-Mar-2016 20:36:28

Team Skull
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Team Skull

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And belive me cash flow issues are a hell of a lot worse than net losses.

Cuz no cash flow = no money being made. ****'s essentially just sittin there doin diddly all. "Revenge...is like a rolling stone, which, when a man hath forced up a hill, will return upon him with a greater violence, and break those bones whose sinews gave it motion."- Jeremy Taylor

16-Mar-2016 20:38:05

Code 9
May Member 2021

Code 9

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I think the game will be fine as long as the mining company only treats the acquisition as an investment and leaves Jagex's management independent. However I do hope that the company will not go out of business and drag Jagex along with it.

As for opportunities in Asia, I'm not that optimistic about it. There is no potential market for Runescape at least in China simply because the game does not fit into the Chinese culture. And I'm saying this as a Chinese living in Hong Kong. So if that's the plan, it's most likely going to fail.

As much as I want Jagex to get more Asian players into Runescape, I know it's going to be a really difficult and near impossible task. If they are planning to sell Jagex for this, they should really think twice before signing the contract.

That's my humble opinion. Excuse my English.

I think your spot on here. Except with runescapes history, if the company was to falter, someone else would come in and offer to buy runescape for cheap.

I agree with pretty much everything you have said here.

True, but I don't think that will be good for RS neither lol

I don't see it as a bad thing. It lets Jagex do their job, Probably to a more free standard and could even increase the abilities through financial backing. Time will tell sure, but I really see his as a huge positive compared to IVP.

I meant that 'go out of business' situation won't be good for RS if it has to be sold for cheap.

But yes, I do agree that the acquisition can benefit the game if Jagex's management can gain more freedom and financial backing, as long as they remain independent.

Let's see what happens

16-Mar-2016 20:40:37 - Last edited on 16-Mar-2016 20:41:27 by Code 9

ChillWithMe

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pls dont sell rs to a bankrupt failing chinese mining company

Bankrupt? hardly. Buy more into sensationalistic journalism with no morals.


better than a communist-run failing chinese mining company with no morals


"Shandong Hongda’s Liang Xiuhong and other shareholders have borrowed heavily in the domestic shadow banking sector, pledging the company*s shares against wealth management products on at least three occasions, according to documents seen by the Financial Times. It warned in January it could report Rmb350m ($55m) in losses for 2015."

Oh boy, yeah lets simplify their company into a political agenda, tinge of racism and then quote a website that made claims that were proven untrue.
Nice!

Tclcis there is an oversupply of steel right now. Their 2014 figures indicate 180m profit with I think 600k negative cash flow. Even if their profits are somehow still good, the cash flow issue will only get worse with the current steel market because they won't be able to turn around their inventory.

And belive me cash flow issues are a hell of a lot worse than net losses.

Krista is very knowledgeable about this kind of stuff and her input combined with Moe's amazing post on the previous thread and articles I've read lead me to believe otherwise Telcis. This stuff wouldn't be floating around so much if there wasn't at least some truth to it.

Also I don't see how I was being racist at all. China is known for MTX and honestly, just saying "runescape is now owned by a chinese iron mining company" sounds hilarious.

16-Mar-2016 20:40:39

Krashino

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If this wasn't foreign investment, then that would be true

Mate.

IVP was foreign investment.

So you're expecting this to be one of the VERY FEW companies to be gutted after Foreign Investment? Because I'm not...
Foreign investment rarely (and I really put emphasis on the word rarely) ever end in the gutting of a company, or with any changes whatsoever to a company.

Burger King buying out Tim Hortons didn't end in the gutting of Tim Hortons
Tencent Games buying out RIOT Games didnt end in the gutting of RIOT games
IBM was bought out by Lenovo, IBM was never gutted.
Foreign investment from any Country is very common and rarely ever ends in any changes.

Chinese companies sometimes dont have the best Economical growth, so to boost that growth they purchase Foreign Companies to boost their own Economical growth. They dont change the innerworkings of the company, they just profit off of it, and at the same time, the company they buy usually profits at the same time. (Again look at IBM)

Again, like I said before, you are panicking over nothing.

16-Mar-2016 20:41:43

Averia Light

Averia Light

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And belive me cash flow issues are a hell of a lot worse than net losses.

Cuz no cash flow = no money being made. ****'s essentially just sittin there doin diddly all.

More like if there is no cash, operations cease regardless of how profitable the company may be.

From other sources, I read that this mining company also have dried up their lines of credit. And I swear I'm not going to let her know all the pain I have known

16-Mar-2016 20:41:44

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