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UK Retailer GAME is dead | Brera's Lament
- Thread starter CrunchinJelly
- Start date
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CadetMahoney
Member
CEX can go suck a big one too.
JennyTablina
Member
I'm honestly confused by the MCV hate, the article was pretty honest about it being a potential solution, just people read the headline and skimmed the article then had a fit.
If anything that article seems to be in the very least a HUGE red flag that anyone who owns shares should sell now - or they lose ALL their money invested come Monday, because regardless which route they choose to take, their stock as a company is buggered. If the OpCapita deal is dead in the water and they are really not looking at a restruturing at all...its bad news for shareholders really.
Of course Game would dispute it, because the news could have an impact on whatever negotiations are going on. Plus even if they are on deaths door, they'll want to avoid too much bad news till the bitter end really. It's PR damage control, they don't say what part of the article they dispute, just that they don't like it. Which is fair dues, they don't have to like it really.
At the end of the day I would trust MCV more than GAME's management, who seem to feel they should keep everyone in the dark till zero hour comes. Whatever happens - Sunday or Monday will bring some end to this whole mess I'm sure
If anything that article seems to be in the very least a HUGE red flag that anyone who owns shares should sell now - or they lose ALL their money invested come Monday, because regardless which route they choose to take, their stock as a company is buggered. If the OpCapita deal is dead in the water and they are really not looking at a restruturing at all...its bad news for shareholders really.
Of course Game would dispute it, because the news could have an impact on whatever negotiations are going on. Plus even if they are on deaths door, they'll want to avoid too much bad news till the bitter end really. It's PR damage control, they don't say what part of the article they dispute, just that they don't like it. Which is fair dues, they don't have to like it really.
At the end of the day I would trust MCV more than GAME's management, who seem to feel they should keep everyone in the dark till zero hour comes. Whatever happens - Sunday or Monday will bring some end to this whole mess I'm sure
Shotgun Kiss
Member
The problem is that the article had the header "Gamestation to be sacrificed for new look GAME chain". That's an absolute, and leaves no room for misinterpretation. Yet reading the article makes it apparent that nothing is decided yet. There's a difference between "inevitable" and "confirmed".
There's a reason why the article was edited, and the header changed to "Gamestation may be sacrificed for new look GAME chain". But then, that's not even news; that's speculation (and obvious speculation at that).
CEX are fantastic if you need to sell stuff, but can't be bothered with eBay. Hell, sometimes, they beat eBay.
Fuck knows why anybody would buy anything there though; their prices are outrageous.
There's a reason why the article was edited, and the header changed to "Gamestation may be sacrificed for new look GAME chain". But then, that's not even news; that's speculation (and obvious speculation at that).
CEX are fantastic if you need to sell stuff, but can't be bothered with eBay. Hell, sometimes, they beat eBay.
Fuck knows why anybody would buy anything there though; their prices are outrageous.
I don't think they're that bad. I remember picking up ME2 pre-owned for £12. That was a good £8-10 cheaper than any other pre-owned copy I could find ANYWHERE!
I bought a slim PS2 from there last year. Controller + memory card bundled I for £40. 1 year warranty to boot. Console works like a dream and was in top condition.
So true. I remember when prices at CeX used to be quite good, I got quite a few bargains a few years ago. Now though, they're far too expensive for second hand games, especially new releases which seem to sell for near RRP for weeks after release.
I find their prices for a lot of things alright, especially DVD's. They aren't so hot on new games but after a few months they come down nicely.
Resistance100
Member
Sure they offer good prices. However most of the time in my experience they won't offer cash for the games making lame excuses for giving you credit only.
Plus the staff in my local branch are a waste of space when you need some help. Haven't stepped foot in a CEX store since as a result.
Shotgun Kiss
Member
Oh, don't get me wrong; their DVD prices are fantastic. But their game prices are terrible. Newer releases are near RRP, and you can easily find cheaper (brand new, no less) at supermarkets or online, and older gems are expensive on account of CEX being quite savvy at knowing what's rare/popular (fair play to them on that). But you'll still always find things cheaper on eBay.
If you get a game that falls somewhere between being a new game and a "classic", you can get some OK prices, but nothing incredible.
The customer service there is non-existent.
I hate how many targets Game/Gamestation drill into their employees, but at CEX, it seems like they aren't held to any kind of standards at all. They'll flat-out ignore customers wandering around looking confused/standing in the queue waiting to be served, and just goof around.
IdreamofHIME
Member
CEX's prices are high due to people paying with their credit coupons. When you have those things youre locked into buying from that one store, so you're a trapped customer.
They're not stupid
They're not stupid
CEX seems to exist in some wierd bubble where normal consumer trends and retail experiences don't matter.
My local store is a crazy place. It's the only shop I know of where you can listen to Scandinavian Death Metal one minute and then total ambience the next. It's also got the longest queues and slowest serving times despite having by some margin the most staff working at any one time. Seriously, it's perfectly normal in my store to see a queue of 9 or 10 people, with only 2 out of 8 tills being manned, and 6 or 7 other staff just loitering behind them dancing or staring into space.
It's fucking weird, but they destroy GAME, Gamestation and HMV for trade in prices normally so it's worth it.
My local store is a crazy place. It's the only shop I know of where you can listen to Scandinavian Death Metal one minute and then total ambience the next. It's also got the longest queues and slowest serving times despite having by some margin the most staff working at any one time. Seriously, it's perfectly normal in my store to see a queue of 9 or 10 people, with only 2 out of 8 tills being manned, and 6 or 7 other staff just loitering behind them dancing or staring into space.
It's fucking weird, but they destroy GAME, Gamestation and HMV for trade in prices normally so it's worth it.
NO!
I've got £250 in GMG as a last ditch gamble...my gf is gonna beat my ass now!
Brera, has nobody told you that you can short shares too? You don't just need to buy them in the expectations that they would go up. If I was you I would have hedged and put in a short when the shares hit 4p last Friday. At least now you'd be looking at profiting as the share price dived. Hey ho.
Anyway, Game killing Gamestation would be stupid, as it's a stronger brand at this point but as we have seen, GAME Group's management board are utter idiots, so maybe the story is accurate.
MarshMellow96
Member
Liverpool branches seem especially bad for poor condition games, too.
It was £1.98 in my Game, I was so tempted just because it looked cool but I must have missed out on it.
IdreamofHIME
Member
QFT omg QFT
I've been in a 10+ person queue and there's been one till open and maybe 7 staff behind the counter doing nothing.
Maybe CEX staff are like Paramedics and have to take a mandatory break in which they're legally stopped from working even if the biggest emergency has happened?
Little Old Man
Member
Exactly.
Can't say I've had a good experience trying to trade in stuff. Blackberry, A condition. Thought I'd trade for store credit, and then buy a PS2 slim with that. FINALLY get served after ten minutes, girl looks at my phone, and makes up a bullshit reason not to take it: 'oh you have to call Blackberry themselves to wipe it properly, we don't accept them otherwise.'
I assured her you wipe the phone from the phone menu, and I'd done it twice over. She refused to believe me, and kept telling me to contact Blackberry. I yelled to the girl yo homes smell ya later!
Sold on Ebay for £90 instead of £62, and got a PS2 Slim on Ebay for £42 instead of £52.
bitoriginal
Member
Excellent. :lol
That was inevitable.
killer_clank
Member
Mr. Pointy
Member
Oh man. This thread is about to get interesting.
Taking a quick guess, I'm going to assume if they're hired for their look (dyed hair, piercings, tattoos) than their retail experience.
That and I managed to hold up an entire line once because I bought some anime from them and the cashier wanted to chat about anime with me. Felt real bad for everyone behind me, but I did learn about Spice and Wolf so there ya go. Also got into a Virtua Fighter vs Tekken conversation once. Those guys just do not give a fuck about good cashier etiquette.
And it always smells in there.
i don't want to sound cruel, but it's his own fault if he's lost money. everyone told him not to do it but he refused to listen, so i don't have any sympathy for him to be frank.
Basically, they are worthless. When it comes to administration, unsecured creditors come at the back of the queue and equity is very much unsecured in this case. Anyone with shares are looking at pretty much a 100% loss at this point.
SMT
this show is not Breaking Bad why is it not Breaking Bad? it should be Breaking Bad dammit Breaking Bad
Total fuckery, so what happens to my pre-order? I heard they've got a week to make 180 million pounds, can we hope for a Muppets miracle?
source: http://www.google.com/hostednews/uk...I9Ntu4Y9Jdqwot_aA?docId=N1174901332070337398A
Mr. Pointy
Member
SMT
this show is not Breaking Bad why is it not Breaking Bad? it should be Breaking Bad dammit Breaking Bad
Lovely, now I have to talk to them... GAH.
And if they are, they'll be in administration and all their previous debts (ie. your pre-order) won't exist anymore.
Visualante2
Member
Mr. Pointy
Member
See, this is why I've only ever invested in rare-earth mining companies or tech startups.
Well, I only invested in one mining company, but I made 25% profit. Bought a computer with it.
Well, I only invested in one mining company, but I made 25% profit. Bought a computer with it.
I think so. I think he put £250 in last night?
Psychotext
Member
For Brera:
Yup, and apparently he girlfriend wasn't happy about it then. Wonder how she feels now. lol
JonathanEx
Member
To describe it as a rollercoaster would be mild.
Hey Brera, I wonder if you'd be interested in my new company, JonBuysNiceThingsForHimselfCorp. I can expect as good a return on your investment as last night's £250. You can have any change from me buying things, see.
Oh and my Nigerian uncle has an interesting proposal
Hey Brera, I wonder if you'd be interested in my new company, JonBuysNiceThingsForHimselfCorp. I can expect as good a return on your investment as last night's £250. You can have any change from me buying things, see.
Oh and my Nigerian uncle has an interesting proposal
They said though witcher 2 special edition would be sold in Game though :/
We need a gif of Christopher Lloyd as a Klingon screaming "GET OUT! GET OUT OF THERE!" in Star Trek 3.
APZonerunner
Member
Brera,
My name is Mr Amine Kane. I am the Director in charge of Auditing Section of Bank of Africa (B.O.A) in Burkina Faso West Africa. I hope that you will not expose or betray this trust and confident that i am about to repose on you for the mutual benefit of our both families. Please i kindly request your hand for assistance, i have a business proposal in the tune of $13.600.000.00 (Thirteen Million Six Hundred Thousand United States Dollars only) to transfer into your bank account.
After the successful transfer of this fund into your bank account we shall share the fund in ratio of 40% for you and 60% for me. Sincerely if you are interested we can commence all arrangements for investment in your country, and i will give you more information and details on how we will handle this project successfully.
Please treat this business contact with utmost Confidentiality and send me the following information's below for easy communication to enable us commence immediately:
(1) Full names......................................
(2) Private phone number....................
(3) Current residential address.............
(4) Country…………………………
(5) Occupation.................... ................
(6) Age and Sex...................................
Thanks,
Mr. Amine Kane
Director of Auditing Section
EDIT: Can't believe I was fucking beaten (in a manner of speaking.) Curse you JonathanEX!
My name is Mr Amine Kane. I am the Director in charge of Auditing Section of Bank of Africa (B.O.A) in Burkina Faso West Africa. I hope that you will not expose or betray this trust and confident that i am about to repose on you for the mutual benefit of our both families. Please i kindly request your hand for assistance, i have a business proposal in the tune of $13.600.000.00 (Thirteen Million Six Hundred Thousand United States Dollars only) to transfer into your bank account.
After the successful transfer of this fund into your bank account we shall share the fund in ratio of 40% for you and 60% for me. Sincerely if you are interested we can commence all arrangements for investment in your country, and i will give you more information and details on how we will handle this project successfully.
Please treat this business contact with utmost Confidentiality and send me the following information's below for easy communication to enable us commence immediately:
(1) Full names......................................
(2) Private phone number....................
(3) Current residential address.............
(4) Country…………………………
(5) Occupation.................... ................
(6) Age and Sex...................................
Thanks,
Mr. Amine Kane
Director of Auditing Section
EDIT: Can't believe I was fucking beaten (in a manner of speaking.) Curse you JonathanEX!
Pie and Beans
Look for me on the local news, I'll be the guy arrested for trying to burn down a Nintendo exec's house.
When children play at being adults, theres always tears before bedtime. But really guys, you should stop feeding it.
Ben Parfitt has certainly making a name for himself at not being very good at this game journalism malarkey recently.
Ben Parfitt has certainly making a name for himself at not being very good at this game journalism malarkey recently.
Keyser Soze
Member
Hey guys what's happening...
OH JESUS
OH JESUS
Ravensmash
Member
Poor Brera :[
Be interesting to see what occurs come Monday, wonder if this redesigned presence will come to light?
Be interesting to see what occurs come Monday, wonder if this redesigned presence will come to light?
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