Instanced Raids Unveiled!

[DurtiMonkeyToe]

Continued projection of loss of profits will make them...richer?

Did I say that it would? I love how people who are wrong in what they say try to twist the words of anyone that doesn't agree with them. I will say it again, "There is a difference between the losses they are posting from their PROFITS and a company that is close to bankruptcy."

Profits are defined by money earned in EXCESS of all other costs that company has incurred. The fact that they are posting a profit means by definition that they aren't all that close to bankruptcy because they are earning enough to cover their costs and still have some profit to show for it. Not to mention that they have enough to cover the .8 BILLION yen they incurred directly as a result to the earthquakes and tsunamis.

If you spout baseless and false 'facts' then expect to be called on them.

[Reaux]

Did I say that it would? I love how people who are wrong in what they say try to twist the words of anyone that doesn't agree with them. I will say it again, "There is a difference between the losses they are posting from their PROFITS and a company that is close to bankruptcy."

Profits are defined by money earned in EXCESS of all other costs that company has incurred. The fact that they are posting a profit means by definition that they aren't all that close to bankruptcy because they are earning enough to cover their costs and still have some profit to show for it. Not to mention that they have enough to cover the .8 BILLION yen they incurred directly as a result to the earthquakes and tsunamis.

If you spout baseless and false 'facts' then expect to be called on them.

Ditto. I didn't say they were bankrupt, they were going bankrupt, bankruptcy....which is accurate when a company has a 76% loss in profits and projects that unless they get a hail mary pass they will continue in a downward decline. I love how when people complain about things being accurate don't bother to be accurate. Do they have a profit yes, are they still hemorrhaging money, yes. Just because they are not currently bankrupt saying they are headed that way is not inaccurate or false. If the recover or have recovered/are recovering in the last month or 2 since that announcement than yes and I will gladly concede defeat if you can show that to me.

But ya know what it's all fine. You continue to get angry at me and other people on the forum instead of discussing. Your comment to Rabidsquirrel was rude and uncalled for, and for someone that called for constructive criticism in the specific forum...was that really it?

[Physic]

Ditto. I didn't say they were bankrupt, they were going bankrupt, bankruptcy....which is accurate when a company has a 76% loss in profits and projects that unless they get a hail mary pass they will continue in a downward decline. I love how when people complain about things being accurate don't bother to be accurate. Do they have a profit yes, are they still hemorrhaging money, yes. Just because they are not currently bankrupt saying they are headed that way is not inaccurate or false. If the recover or have recovered/are recovering in the last month or 2 since that announcement than yes and I will gladly concede defeat if you can show that to me.

But ya know what it's all fine. You continue to get angry at me and other people on the forum instead of discussing. Your comment to Rabidsquirrel was rude and uncalled for, and for someone that called for constructive criticism in the specific forum...was that really it?

loss of profits effects your perceived value rather than your actual value as a company. If you produce real products, it doesnt matter if you go down from making 1 billion PROFIT to 700million PROFIT you are still highly profitable.
It does however effect the value of your stock.

[DurtiMonkeyToe]

loss of profits effects your perceived value rather than your actual value as a company. If you produce real products, it doesnt matter if you go down from making 1 billion PROFIT to 700million PROFIT you are still highly profitable.
It does however effect the value of your stock.

I agree with this completely.

[Vackashken]

loss of profits effects your perceived value rather than your actual value as a company. If you produce real products, it doesnt matter if you go down from making 1 billion PROFIT to 700million PROFIT you are still highly profitable.
It does however effect the value of your stock.

Thank you for making this point.

[DurtiMonkeyToe]

Ditto. I didn't say they were bankrupt, they were going bankrupt, bankruptcy....which is accurate when a company has a 76% loss in profits and projects that unless they get a hail mary pass they will continue in a downward decline. I love how when people complain about things being accurate don't bother to be accurate. Do they have a profit yes, are they still hemorrhaging money, yes. Just because they are not currently bankrupt saying they are headed that way is not inaccurate or false. If the recover or have recovered/are recovering in the last month or 2 since that announcement than yes and I will gladly concede defeat if you can show that to me.

But ya know what it's all fine. You continue to get angry at me and other people on the forum instead of discussing. Your comment to Rabidsquirrel was rude and uncalled for, and for someone that called for constructive criticism in the specific forum...was that really it?

If you want to defend you inaccuracies, then by all means continue to do so. You didn't have to use the verbiage you chose, and when a company has to write off an .8 billion yen loss, then of course it's profits are going to suffer. But saying that it is close to bankruptcy is... well just wrong. And saying that it is close to bankruptcy because of FFXIV is... well still just wrong. You can defend your semantics however you want, but a company doesn't just declare bankruptcy because of a loss of profits, it declares bankruptcy when it can't earn or borrow the money needed to stay in business by paying it's debtors or costs. Therefore, they won't be declaring bankruptcy anytime this year and therefore they aren't 'close' to bankruptcy.

I think it is rude and uncalled for to troll into a thread without knowing the discussion that has gone on previously and to offer nothing in the way of reason why he felt the way he did. And again, what I said is true and accurate, but not insulting.

[Reaux]

If you want to defend you inaccuracies, then by all means continue to do so. You didn't have to use the verbiage you chose, and when a company has to write off an .8 billion yen loss, then of course it's profits are going to suffer. But saying that it is close to bankruptcy is... well just wrong. And saying that it is close to bankruptcy because of FFXIV is... well still just wrong. You can defend your semantics however you want, but a company doesn't just declare bankruptcy because of a loss of profits, it declares bankruptcy when it can't earn or borrow the money needed to stay in business by paying it's debtors or costs. Therefore, they won't be declaring bankruptcy anytime this year and therefore they aren't 'close' to bankruptcy.

I think it is rude and uncalled for to troll into a thread without knowing the discussion that has gone on previously and to offer nothing in the way of reason why he felt the way he did. And again, what I said is true and accurate, but not insulting.

Ditto, just ditto.

[Lerris]

Ditto. I didn't say they were bankrupt, they were going bankrupt, bankruptcy....which is accurate when a company has a 76% loss in profits and projects that unless they get a hail mary pass they will continue in a downward decline. I love how when people complain about things being accurate don't bother to be accurate. Do they have a profit yes, are they still hemorrhaging money, yes. Just because they are not currently bankrupt saying they are headed that way is not inaccurate or false. If the recover or have recovered/are recovering in the last month or 2 since that announcement than yes and I will gladly concede defeat if you can show that to me.

But ya know what it's all fine. You continue to get angry at me and other people on the forum instead of discussing. Your comment to Rabidsquirrel was rude and uncalled for, and for someone that called for constructive criticism in the specific forum...was that really it?

A loss of profits is not the same as a loss of money. Profit is the money made above the break-even point. Which means, a 76% loss of profits means the company is making only 24% above the break even point, but still making profit. And as long as they're still posting a profit, they're not headed toward bankruptcy.

In simple terms:

"Profit" means total revenue exceeds total costs.
"Hemorrhaging money" means total costs exceed total revenue.

Both cannot simultaneously be true, yet this is what you seem to be claiming.