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Hot Zone

Hot Zone

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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 :)


That a pretty expensive piano... I mean if were going to be like that and if you were to buy such a piano you'll at least know how to play it... I don't know I'll probably use the example more a long the line of a really nice sports car. Nice to look at might drive it every now and again but leave it out for show?


I don't know haha just never known anyone to buy a really expensive piano and to just use it as a coffee table seemed really strange example >****;

17-Mar-2016 21:09:32 - Last edited on 17-Mar-2016 21:12:10 by Hot Zone

Tclcis

Tclcis

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Well what if the company are buying the piano off a piano dealer so that the musician who I playing it can continue to do so.

The company can listen to the music played by the musician, and if the musician does really well the piano will be worth more in time.

17-Mar-2016 21:13:56

Lady Deluxe

Lady Deluxe

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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.
Well, that's somthing in our favour which in turn is a good thing...

Which then means RuneFeast wont turn into a Chinese game show :D

17-Mar-2016 22:04:10

Quantum Evil
Oct Member 2013

Quantum Evil

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Leaving aside my fear that a Chinese company might impose free speech restrictions and other game changes that would be undesirable, this acquisition makes no sense.This company is buying Jagex for 300 mill. That is 6 times it's most recent years losses. Match that with the expected profit from acquiring Jagex and it is still only a fraction of what the Chinese company would need to offset it's yearly loss.

Look, I get it, the current Investors in Jagex see the money, they don't care where it came from or what the balance sheet of the buying company looks like. Problem is, that selling Jagex to a company hemorrhaging so much money so fast with a questionable turnaround time is just asking for Jagex to become an asset to be divided and sold in parts.

At this point If I had the clout, I would pull together players, investors, anyone with deep pockets and try to out bit this company.

Nothing overly good can come from a company losing cash this fast in it's core business.

17-Mar-2016 22:30:32

Tclcis

Tclcis

Posts: 4,540 Adamant Posts by user Forum Profile RuneMetrics Profile
Quantum, those fears are unfounded. This is an investment company, they are going to leave the running of the game to Jagex. I suggest not paying attention to the misreporting of the clickbait sites such as financial times. The article that you quote indirectly is sensationalist journalism that misrepresents the facts just to get people into reading it.

17-Mar-2016 23:22:59

Tclcis

Tclcis

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rather interesting that china would come investing in RS when that's where the gold farmers live. does the word ironic fit here?


You do realise that this is very close to being racist. Just because they are Chinese does NOT make them gold farmers.

17-Mar-2016 23:32:38

Whos-Dr
Mar Member 2011

Whos-Dr

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rather interesting that china would come investing in RS when that's where the gold farmers live. does the word ironic fit here?


You do realise that this is very close to being racist. Just because they are Chinese does NOT make them gold farmers.


It's an observation based upon location, not of the people.
A firm located in the country known for a high amount of gold-farming activity happen to be looking to purchase a game in which it occurs.
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17-Mar-2016 23:35:50

Darth Exar

Darth Exar

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rather interesting that china would come investing in RS when that's where the gold farmers live. does the word ironic fit here?


You do realise that this is very close to being racist. Just because they are Chinese does NOT make them gold farmers.


It's an observation based upon location, not of the people.
A firm located in the country known for a high amount of gold-farming activity happen to be looking to purchase a game in which it occurs.


Please don't stereotype and generalize a nation or its people based on individual act or some "observation" of illegal activity. Every country has its own set of problems and can be stereotyped by every other country. I am surprised that someone like you is awarded Community Helper status where you can't even control your derogatory slurs about a country based on your nationalist and political point of view.

17-Mar-2016 23:42:11

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