Nagash, the writing on the wall for me?
Enter Herohammer! Monsterhammer. Take your pick: The shape of things to come ?
Or just a (costly) diversion? Disillusionment for me.
Undead rising. the beginning of the end of WHFB for me?
So pictures of Nagash are now flooding the net, and the new Manfred, or is it Vlad?, and Neferata? and new Spirit hosts, and, and...
So hot from Europe, shamelessly reposted off the Interweb:
Nagash
Not Aghast, but Morghast!
Aghast is also my reaction on seeing the price in NZ. Lovely models. Beautiful, fragile, too expensive.
Anyhow, form your own opinion.
"Warhammer, The End Times is noted to contain new rules that change the way a game of Warhammer can be played. It is not a new edition."
(So read supplement or expansion?)
The Releases:
Warhammer: Nagash
2 hardback books in a slip case. ($165 NZ)
1. Book 1: 296 page fluff book detailing the return of Nagash and events that affect every Warhammer race
2. Book 2: 96 page book containing rules for Nagash, new miniatures, the Lore of Undeath, Undead Legion, fighting underground and more apparently.
3. Nagash - no mention of him being a dual kit, rules are included in the box. $175 NZ (Ouch) 65 pounds in UK, $105 US.
4. Magic Cards Lore of the Undead ($12)
5. Nagash Novel ($50)
Pew! Goes my excitement... Can anyone please explain to me how 50 Pounds becomes $160 (One pound = NZ$ 1.97 today) Even in China it is only 500 RMB (NZ$ 96) Why is GW screwing their fan base in NZ and Aus so badly? The US is getting the Limited Ed for the price of the standard in NZ. Come on GW!
"What the background in the WD tells us:
- I hope you didn't like Kislev, because there is no longer a Kislev.
<Ok, there goes another of my armies>
- Archaon advance have been stalled by Vlad under the order of Nagash (the Empire was in major trouble).
- Nagash goes fighting to unite the Tomb Kings and VC (one of the scenario pictured in WD translate into "the Fall of Settra").
Regarding miniatures/rules:
- Nagash is magnificent, and very very tall thanks to his flying posture (he is supported by a bunch of souls).
- But he's not that massive overall, I have no idea how he managed to reach the 85€ pricetag.
<Come live in NZ mate, and feeel the pain>
- Not a dual kit.
- No other models that week, but the ones serving under him are hinted at the end of WD for the week after (so I suppose Vlad and that Arkhan dude, note that I know the WFB lore very poorly).
- As people expected, the new magic lore appear to work like Demonology for 40k (except with undead).
- Rules are changing with that extension, 50% lords for example."
Quick Cost tally:
$175 model
$165 books
$12 Magic cards
$50 novel
$402
So were talking $500 by the time we've bought glue, paint, etc. How about a few more miniatures?
I think not, sorry GW.
So maybe the End Times are Nigh for me too.
Much as I love the Warhammer World and WHFB I fear that GW and their pricing structure in NZ has finlly succeeded in killing it for me. I have a gaming room full of miniatures that are becoming obsolete faster than I can build or paint them. You got me really excited about Nagash's return, but now shattered this with your pricing practices.
Oh yea, and you've shut down the online retailers in Aus. Not that this rant would make any ripples in Nottingham. "We don't listen to our customers. their opinion is otoise, serving no practical purpose or result, superfluous" Let me tell you something from my business: You cannot afford NOT to listen to your customers.
I suspect this rant heralds my exit from the game. If this is the shape of things to come, I'd rather not be part of your otoise customers.I have had enough of the arms race you are creating.
I have just reread Tom Kirby's preamble to the annual report again:
The Future
"Next year, internally, there will be some disruption remaining from the big reorganisation we have just made and from the one man store programme. Nevertheless I, and all the rest of Games Workshop, still believe we should be growing by opening new stores; particularly in North America and Germany."
External events that may affect us are only those things that bother everyone: interest rates, tax rates, exchange rates, directives from Brussels, war, pestilence and disease. What will not change is the eternal desire for some always to want yet more of the small, jewel-like objects of magic and wonder that we call Citadel miniatures.
Beyond next year, the business ought to be able to increase sales (single digit growth, not more) for many years and to provide owners with a steady flow of dividends. I say ‘ought to’ because no plan survives contact with the enemy and we will not promise what we cannot deliver — in particular our policy of only returning surplus cash as dividends will remain. We will not borrow (nor engage in fancy financial engineering) to pay a coupon.
Sales
Reported sales fell by 8.2% to £123.5 million for the year. On a constant currency basis, sales were down by 6.5% from £134.6 million to £125.9 million; progress was achieved in Other sales businesses (+20.9%) and Export (+2.7%) while sales in UK (-7.1%), Continental Europe (-10.6%), North America (-7.5%), Australia (-9.4%) and Asia (-3.3%) were in decline.
Trade
Sales fell by 9% in the year, partially due to the continental european reorganisation and a disappointing year in North America.
Mail order
Our new online shop was launched this year and our online sales are broadly in line with the prior year.
We are vertically integrated. We design, manufacture and distribute ourselves; we have our own stores and web store. With the sole, and rapidly declining, exception of products from Tolkien's books we use only our own imaginary worlds. They are rich enough and deep enough to accommodate anything we may want to make, and they remain our property.
Risks and uncertainties
That we are ex-growth is a big risk seen by some. As I said above I do not believe it. But if it is true we have built a wonderfully efficient cash-generating machine. The bigger risk is the same one I repeat each year, and that is management. So long as we have great people we will be fine. Problems will arise if the board allows egos and private agendas to rule.We also need a constant flow of great managers for our stores. In the end that is still the most important thing of all.
Our market is a niche market made up of people who want to collect our miniatures. They tend to be male, middle-class, discerning teenagers and adults. We do no demographic research, we have no focus groups, we do not ask the market what it wants. These things are otiose in a niche.
Opinion: Very little mention of us, the consumer, it is all about management and the personnel being the key to profits, no explanation for why profits are down across the board, except it must be all be related to management reorganization. This report is designed to reassure investors that GW will continue to print dividend checks no matter how many employee sackings and price increases it takes. And it cares not how many long-time fans and customers in NZ and Aus they loose.