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GPI / Paulson CEO Resigns (2 Viewers)
- Thread starter justsomedude
- Start date
Wait! I'll do it for $5000 a month!!!!!
My first recommendation will be to start providing fully customizable chips to the public again as well as excellent stock chips like World Top Hat & Cane.
OP
OP
justsomedude
Straight Flush
FriendlyDonkey
Pair
We could form an investment group and buy enough shares to force some people from PCF onto the board, and strong arm the management into home market sales.
It is sad they can't properly run such a successful and valuable company.
It is sad they can't properly run such a successful and valuable company.
Most people at the helm of car industries can't really drive, with the possible exception of the ones In Zuffenhausen (Porsche) and those in Maranello (Ferrari), although I doubt the latter have enough leverage in the company group they belong.
The result is crappy cars for the masses, awfully expensive cars for the rich, and no cars for driving aficionados.
The result is crappy cars for the masses, awfully expensive cars for the rich, and no cars for driving aficionados.
Anyone that starts a conversation with "Trust me" or "You gotta believe me" never bodes well.
EDIT:
Seriously though if they are struggling with profits all they need to do is simply get the green light to start making WTHC again. They can sell these for 2.50/ea. and people will be lining up.
WTHC uses very bright colors and is on the suits mold. Therefore they don't need to be concerned about the WTHC series leading to counterfeits.
It is too bad but some companies are just run poorly.
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Ummm, my newly-acquired Alfa Giulia TI Sport with the Performance Package would beg to differ.
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Alfa's best and most genuine effort in many years (y) :thumbsup:Ummm, my newly-acquired Alfa Giulia TI Sport with the Performance Package would beg to differ.
Klobberer
Full House
How many people out there are truly willing to drop a grand on a new chip set? Even it's 100 for every member here, that's only 300-400K chips. High end home game chips is a drop in the bucket and CPC is doing a fine job filling that niche. Although, I would like to see the TMold brought back...
I just finished reading GPI’s 10k and that is in fact true. Had interesting info on their product lines as well but no references I could find to interesting stuff about chip drama.
Ellasdaddy
Flush
The good Doc is spot on. Having worked 17 years in many levels of wholesale/retail supply chain and logistics, every company falls over themselves to host, pitch and open new chain accounts, particularly cruise ship businesses. My directive was always to fulfill those orders ahead of all others because one new account and one contract and one meeting, even if tested on a handful of ships, would lead to sales generated on up to 30+ ships.
The sky was truly the limit on the plan that bore those chips, and that show of steady, consistent revenue over time would have been at least somewhat significant.
JustinInMN
4 of a Kind
Hmmm, group buy for a stock purchase? This could be the biggest thing to hit PCF since the boa...., never mind don't wanna bring that up.
The market is bigger than this forum. I bought from CPC 8 years ago and had no idea so many other people cared about quality chips until I recently stumbled on this forum thanks to @Hobbyphilic and his awesome youtube videos. How Google knew to recommend those videos to my feed in between my normal diet of Hickock45 and Demolition Ranch I’ll never know.
andy699669
3 of a Kind
Actually, the OG Pharaoh's Club in 2005 on the Big Blue.
JustinInMN
4 of a Kind
Agreed. But then there's always the Mazda Miata/MX-5, one of the great sports cars of all time. in the best British sports car tradition. Almost certainly the greatest Japanese sports car of all time, depending on how you classify Datsun's Z cars and which religion you prefer.
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andy699669
3 of a Kind
Read "History of the Pharaoh's Club Poker Chips".
Agreed on the Miata. Only RWD solution for normal-income people for decades.Agreed. But then there's always the Mazda Miata/MX-5, one of the great sports cars of all time. in the best British sports car tradition. Almost certainly the greatest Japanese sports car of all time, depending on how you classify Datsun's Z cars and which religion you prefer.
We clearly need a sports car off-topic thread
Hobbyphilic
Two Pair
Ha! I always knew binge watching Hickok45 would pay off! Love both those channels!
Hmmm, I serious doubt much will change with a new CEO.
JustinInMN
4 of a Kind
Forty4
Full House
Isn’t someone here qualified enough to submit a resume?
He stands, though, the same chances with a professional racing driver becoming BMW's CEO (sorry @Nex)
Cheap labour is no longer in China. Everybody is moving to Vietnam and other SE Asian countries.
DrStrange
4 of a Kind
GPI is selling for $8.15/share with < 8,000,000 shares outstanding. A controlling interest likely costs ~$40,000,000 today. Ticker symbol is GPIC. Obviously, that isn't going to happen unless we have a "Daddy Warbucks" lurking on the forum. Not even for $4,000,000 - a 90% discount.
There are seven directors, three insiders and four independents. Forcing a board seat likely costs ~$10,000,000 in investments at today's price. Less if we were a credible threat to seize control.
The stock price has every reason to fall. We are in the later part of the business cycle. The earnings are already falling before any effects of tariffs, dropping PEs, declining sales. GPI is critically dependent on a very narrow marketplace - new gaming venues and rebranding venues.
GPI might be very open to a huge private order when things get toughest. Problem is, our members are going to be tapped out as well when the next economic downturn comes. But if we could get our fiscal act together there might come a time when the it becomes possible to have a huge group buy.
I guess it wouldn't come as a shock to see GPI be absorbed into another gaming firm. My quick review of their financial position is mixed. Profits are falling, but the firm has modest debt and a reasonably liquid balance sheet. It seems unlikely that GPI will outright fail as a business, but the stock price could fall enough for them to be a cheap pickup during tough times.
There are seven directors, three insiders and four independents. Forcing a board seat likely costs ~$10,000,000 in investments at today's price. Less if we were a credible threat to seize control.
The stock price has every reason to fall. We are in the later part of the business cycle. The earnings are already falling before any effects of tariffs, dropping PEs, declining sales. GPI is critically dependent on a very narrow marketplace - new gaming venues and rebranding venues.
GPI might be very open to a huge private order when things get toughest. Problem is, our members are going to be tapped out as well when the next economic downturn comes. But if we could get our fiscal act together there might come a time when the it becomes possible to have a huge group buy.
I guess it wouldn't come as a shock to see GPI be absorbed into another gaming firm. My quick review of their financial position is mixed. Profits are falling, but the firm has modest debt and a reasonably liquid balance sheet. It seems unlikely that GPI will outright fail as a business, but the stock price could fall enough for them to be a cheap pickup during tough times.
FDLmold
Royal Flush
They are made in Mexico, then they NAFTA the chips a mile or so to the border and ship them.
They will never produce in China. No casino would buy their chips because security would be shit.
They will never produce in China. No casino would buy their chips because security would be shit.
FDLmold
Royal Flush
I like the home solution where they pick a home mold, reproduce color and spot patterns that already exist from places that are long closed down but whose chips are already out there. They seem to love selling RHC to casinos, so make THC the home mold and tell casinos to put up a little coin for a house mold or to use RHC. Ain't gonna happen, but a guy could dream.
andy699669
3 of a Kind
And the canes are facing right, like the previous consumer sets. Better yet, the Cards and Suits, it's four suits and two cards alternating.
OP
OP
justsomedude
Straight Flush
Just sell us the crappy plastic chips!
You crazy.
Psypher1000
Straight Flush
Those the S2 2-color chips?Just sell us the crappy plastic chips!
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