Trending Games | Rift | Defiance | Neverwinter | Darkfall: Unholy Wars
Network: Gamertube FPSguru RTSguru
| 34 posts found | |
|---|---|
|
4/27/12 10:42:34 AM#21
Originally posted by punkrock
Well Mythic and Bioware would be dead, they pretty much have been ripped apart from the inside out by EA already, so cut your losses on that, UO and DAOC would probably get support but possibly on a timer. SWTOR would die because one its just a bad game and costs more the keep up then to just let die, and two Lucas would never let it go FTP because he's a lunatic, so they would let it die Lucas throws fit, shrug. Probably get as much talent as they could from Mythic/Origin/Bioware, whoever didn't leave for greener pastures already and begin work on UO2 which would be highly viable and not have to worry about paying royalties to Lucas. The Sooner TOR dies the better so they can try again and not ruin it next time. |
|
Originally posted by goldiewilson If you really want a SW game, do you really think you are going to get people to cough up money for a SW IP if TOR shut down? You might wanna be realistic in your expectations. Much as I hate to say it, if you want a SW MMO, TOR is your last hope most likely. |
|
|
4/30/12 9:03:48 AM#23
What idiot would want to buy EA? Although a ftp,play to win cash shops trying to nickle and dime you to death is still kind less scummy than a common business day at EA.. |
|
|
4/30/12 9:31:51 AM#24
YouTube ser thats true, according to the wise interwebz EA is worst company than tobacco companies and weapons manufacturing companies.
Nothing kill as much people as a bad game. If its in the interwebz must be true. Right? |
|
|
4/30/12 4:19:50 PM#25
Bain capital, whose board members include Cheney and Bush would love to be in another industry. Especially a conglomerante like EA.
|
|
|
4/30/12 4:32:37 PM#26
EA going belly up? Looks like an early Christmas kids :D
If they get it cheap enough they could gut it and piece out all those ip's? |
|
Originally posted by JobeArthur Your talking as a dedicated gamer. To a businessman, there's plenty of profit to be made in EA. Their sports division is super profitable. They have a lot of intellectual IP's to previous material that could be used. Hell, if anything EA needs chapter 11, so they can reorganize a smaller company. Although bioware might be in a bit of trouble if they did that. Their past 3 games have come in under expectations as far as sales went (DA2, TOR, and ME3). |
|
|
5/02/12 12:53:34 PM#28
Assumed Nexon really buys EA at some point. They'd have to raise a huge pile of cash to do so. Hedge funds sometimes do similar leveraged buys. But the bought companies are then burdened with the debt. A Nexon-EA deal would either leave the new company with lots of debt or the stockholders would have to live with lots of newly issued stocks (which are used to settle the transaction and which isn't that good for the stock price).
On the other hand. Does the industry really need a big company? Big companies will try to earn money with standardized products. Do you want standardized games? Gamers are already now complaining about EA mooching as much as possible from their existing IPs. |
|
|
5/02/12 1:02:50 PM#29
Originally posted by iceman00 I also read this on Bloomberg but I don't see this happening. Investors don't believe that such a move would help. A golden rule in finance is that stocks always go up before an actual or prospective acquisition. However, this does not indicate that the merged company would be better off.
Originally posted by EndDream They are not that large. Nexon and EA are of similar sizes. However, reverse acquisitions do happen. I would be extremely surprised if Nexon had enough cash to acquire EA. Although I haven't looked at their balance sheets to check up their liquidity. Maybe shares payment? |
|
|
5/03/12 10:28:57 PM#30
Originally posted by iceman00
Those are sort of famous last words. EA hasn't turned a profit in, what, four or five years now? I know the total losses (I added them up) were $2.77 billion since the last (small) profit all those years ago. Just last quarter alone, the loss was $205 million and it was $324 million for the first nine months of the fiscal year. And a significant amount of that was because they did a few one-shot accounting tricks to pad the bottom-line. Tricks that will, eventually, reverse and hit the bottom-line. So it's not exactly fun-and-games at EA.
Now, they're not dead yet. Their balance sheet is pretty clean. They have good cash reserves. They have a tremendous library of intellectual properties. So, yes, right now they're not in bankruptcy danger. Not in the slightest. In fact it's very clear they are years and years and years away from a potential bankruptcy.
But once upon time so was GM. And while I don't expect it... When I was 15, I'd have never thought that GM would go bankrupt either.... They owned the auto industry and the Japanese were bit players. And things changed.
Also, I think you meant 'won't finish in the black.' Black is good. Red is bad. They've already lost a ton of money through the first three quarters. I would find it unlikely they turned around that fast in their, historically speaking, worst quarter of the year.
|
|
|
5/03/12 10:39:51 PM#31
Originally posted by wowfan1996
No way. The biggest 'liability' they have on their balance sheet is deferred revenue from digital pre-orders. It's 1.4 billion. But that's only a liability in the sense you need a credit to offset the debit of receiving that $1.4 billion in cash and since the games aren't shipped, they have to account for it somewhere. It'll reverse out when the games are shipped with a simple journal entry.
Other than that, there balance is very clean. $112 million in AP. Some other short term liabilities. Their long-term liabilities are very low for a company of their size. Yet they have $2.8 billion in current assets (including $1.2 billion in cash).
I hate EA with a passion. But their balance sheet is great for a Company that hasn't made a profit in four or five years. They've burned through a lot of equity with all those losses, but they're in no real danger. Not in next five years. And even then, they can start selling divisions or IPs.
But a potential bankruptcy is something too far off in the horizon to discuss with a straight face. |
|
|
5/04/12 10:20:59 AM#32
We're talking about EA. They allegedly paid 'protesters' to gain hype for dante's inferno. Who's to say that EA didn't talk to Nexon and decided to spread a cheap rumor to burst quick stock. It's deviously genious. Played - M59, EQOA, EQ, EQ2, PS, SWG[Favorite], DAoC, UO, RS, MXO, CoH/CoV, TR, FFXI, FoM, WoW, Eve, Rift, SWTOR, TSW. |
|
|
5/04/12 12:36:50 PM#33
Originally posted by Sora2810 Where your wrong is you put EA and genious in the same paragraph. You did good with deviously though.
|
|
|
5/04/12 3:35:16 PM#34
And in related news... EA's stock price is right back down to where it was before this BS rumor, and still trending lower. It is about $.50 over its 52 week low (which was shortly before the false buyout rumor) and expect new lows to be tested following the upcoming financial announcements... The stock price is down more than 25% since the release of TOR. The market does not care much about PR spin, website hype, or fanboi/hater postings: it cares if a company is being run well and is making money. With the significant declines in EAs value these last several months, it is clear what the market thinks of EA's efforts.
|
|
Friends: vgchartz.com
Not a member? You can still subscribe to our newsletters and daily updates here!
May 19, 2013 12:36 AM
- Page Created in 0.499 seconds -
