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Potential Acquisition - Update Thread is locked

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Last time I checked the community DID vote for the Eastern Lands to be part of RuneScape.

So it's Eastern Lands we get.

Power to the Players, gotta admit not what I was expected when I voted for it.


As far as puns go, yeah:

1- Eastern Lands.
2- Mining Update.
3- Runefest outside London.

Jagex delivers all in one package. :P


I vote have it in China it's closer to Australia and the hotels are cheaper. Fly Jagex staff to China have a holiday too. This buyout might be actually a good thing too finally might get an Asian/Oceanic server up too that won't be crashing. Supporting buy out fully now :P

17-Mar-2016 20:35:52

Lady Deluxe

Lady Deluxe

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Last time I checked the community DID vote for the Eastern Lands to be part of RuneScape.

So it's Eastern Lands we get.

Power to the Players, gotta admit not what I was expected when I voted for it.


As far as puns go, yeah:

1- Eastern Lands.
2- Mining Update.
3- Runefest outside London.

Jagex delivers all in one package. :P


I vote have it in China it's closer to Australia and the hotels are cheaper. Fly Jagex staff to China have a holiday too. This buyout might be actually a good thing too finally might get an Asian/Oceanic server up too that won't be crashing. Supporting buy out fully now :P
You do know what Chinese game shows are all about, don't you??

17-Mar-2016 20:38:54

Averia Light

Averia Light

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The surplus iron ore is a result of the steel industry buying foreign ore instead of domestic ore. But that surplus can still be sold off to other countries, such as India. It might just take a bit longer to get rid of the surplus.
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Well the steel industry made more than what it can sell and multiple sources say it is only going to get worse. If there is also a surplus in iron ore that is not related to the steel industry, then that problem of moving materials that make up steel is that much more difficult. Which is what I addressed.


Up until a few years ago, the company was known as the Shandong Hongda Technology Co., and dealt mainly in chemicals. For whatever reason, they took the company a different direction. This might be another one of those moments where they are looking to switch industries. Or they might just be purchasing the company as a cash flow.
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Fair enough. After all a company doesn't usually just buy another company for no reason. It's optimistic. I wouldn't bet on this being the intent, but I'm also a pessimist.

Plus I should look into the technology one.

We don't know what their current liabilities or revenue is, as the 2015 reports are not out yet. They will be submitted on March 26th.
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I was responding to your comment about how revenue was enough to cover liabilities.
And I swear I'm not going to let her know all the pain I have known

17-Mar-2016 20:42:02

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Runefest will most likely still be in London. As that's where all the developers and staff are.
Wont it be cheaper to run a company in China??


Your going a bit off topic but here the info "according to China's National Bureau of Statistics, with the average wage reaching 56,339 yuan in 2014 (around US$9,000)."

So yeah effectively can probably get half a dozen staff for one ratio in Brit.

17-Mar-2016 20:46:09

Tclcis

Tclcis

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Runefest will most likely still be in London. As that's where all the developers and staff are.
Wont it be cheaper to run a company in China??


Well, CAN they rune runescape in china? NOPE. They have laws put in place to look after the well being of their culture and their people.

Its explained better earlier in this thread. But the simplification is:
-Runescape contains content that would not allow it to be made or played in China.

17-Mar-2016 20:54:38

wesker
Dec Member 2023

wesker

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I am super concerned by this Acquisition. I would sooner support a raise of the cost of membership than put a game that has been a huge part of my life in the hands of a hemorrhage company that has no game knowledge whatsoever. I just want to make sure my gaming experience will not change.

17-Mar-2016 21:00:09

Star SAN
Jun Member 2014

Star SAN

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Acquisition is not a merger. Just because Chinese company wants to acquire company operating in gaming industry, does not mean that they will drop their activities in mining sector or switch industries. They can just simply own another entity and let it operate independently on its own.

If you purchase something, it does not mean that you become something. You can buy a piano, but if you have never been a musician, buying one - won't make you one. This situation is very similar, and you all are creating panic there, where you should not :)

17-Mar-2016 21:02:56

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