Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 6, 2014 13:51:24 GMT -5
Yeah, but keep in mind that CM's was not strictly into robots. They kind of diversified as their product portfolio also included rally car models and female figures (both fix-posed and acticulated). It just seems that they overproduced their items, and then ended up with an overstocked warehouse.
As for the price hysteria, I agree. Stop artificially inflating those prices. Just look at the jumbo machinders, they are way overpriced.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 6, 2014 13:56:43 GMT -5
^ Now if only Bandai would reduce their prices. With the time and money invested in R&D, their quality standard, and taking inflation into consideration, Bandai prices are quite reasonable when compared to other competing companies. So I disagree on your statement above. If you cannot afford it is one thing, but saying that Bandai prices are high due to that is not right.
|
|
|
Post by chogokinabdul on Mar 6, 2014 14:07:55 GMT -5
Where is their overstock? How to get access to it?
|
|
|
Post by Mr. Ginrai on Mar 6, 2014 14:48:40 GMT -5
Where is their overstock? How to get access to it? The bankruptcy court has most likely appointed a company to liquidate the assets on behalf of the creditors. This means they will hold an auction or a sale to buy all the company assets - product stock, computers, etc. right down to things like shelves and office equipment. It all has to be sold to wipe the debt. Don't think that you will be able to go somewhere and buy a gordian or a rally car etc. Any toy stock leftover would be sold with no warranty and no returns and will either be sold or auctioned off in bulk lot by type (say they have 10,000 pieces of one line left, etc. that's one lot to bid on) or if there is just one warehouse of items they may sell or auction the entire warehouse and its contents. Then you can hope a reseller that buys the stock may offer it, but most people who buy assets at bankruptcy proceedings are profiteers and when they sell off what they bought it will not be cheap. It would be very surprising if they even consider selling backstock of toys one at a time considering the issues they have. Usually the stuff is bought and resold, or bought and then it sits in storage for 20 years while the new owners decide what to do with it.
|
|
|
Post by Robot Lover/Fighter on Mar 6, 2014 15:06:08 GMT -5
^ Now if only Bandai would reduce their prices. With the time and money invested in R&D, their quality standard, and taking inflation into consideration, Bandai prices are quite reasonable when compared to other competing companies. So I disagree on your statement above. If you cannot afford it is one thing, but saying that Bandai prices are high due to that is not right. Agreed, I'm sure that Bandai maintains a "healthy" profit margin for the quality products that they produce... You get what you pay for...
|
|
|
Post by chogokinabdul on Mar 6, 2014 15:08:45 GMT -5
Where is their overstock? How to get access to it? The bankruptcy court has most likely appointed a company to liquidate the assets on behalf of the creditors. This means they will hold an auction or a sale to buy all the company assets - product stock, computers, etc. right down to things like shelves and office equipment. It all has to be sold to wipe the debt. Don't think that you will be able to go somewhere and buy a gordian or a rally car etc. Any toy stock leftover would be sold with no warranty and no returns and will either be sold or auctioned off in bulk lot by type (say they have 10,000 pieces of one line left, etc. that's one lot to bid on) or if there is just one warehouse of items they may sell or auction the entire warehouse and its contents. Then you can hope a reseller that buys the stock may offer it, but most people who buy assets at bankruptcy proceedings are profiteers and when they sell off what they bought it will not be cheap. It would be very surprising if they even consider selling backstock of toys one at a time considering the issues they have. Usually the stuff is bought and resold, or bought and then it sits in storage for 20 years while the new owners decide what to do with it. Man ! What an end ! Dude it is too bad to know that there is stock but we can't get to it! This is sad Who used to own cm? And why did he committed suicide?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 6, 2014 17:04:36 GMT -5
Who knows maybe the owner saw that he owed more money than what his company was actually worth. Or he could just be depressed or stressed for some other reason. Japan is the country with most suicides.
But according to Baron's post, CM's had two owners which both committed suicide. One surviving widows left and formed Evolution Toy, while the other ran CM's until the bitter end.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 6, 2014 17:07:09 GMT -5
Where is their overstock? How to get access to it? The bankruptcy court has most likely appointed a company to liquidate the assets on behalf of the creditors. This means they will hold an auction or a sale to buy all the company assets - product stock, computers, etc. right down to things like shelves and office equipment. It all has to be sold to wipe the debt. Don't think that you will be able to go somewhere and buy a gordian or a rally car etc. Any toy stock leftover would be sold with no warranty and no returns and will either be sold or auctioned off in bulk lot by type (say they have 10,000 pieces of one line left, etc. that's one lot to bid on) or if there is just one warehouse of items they may sell or auction the entire warehouse and its contents. Then you can hope a reseller that buys the stock may offer it, but most people who buy assets at bankruptcy proceedings are profiteers and when they sell off what they bought it will not be cheap. It would be very surprising if they even consider selling backstock of toys one at a time considering the issues they have. Usually the stuff is bought and resold, or bought and then it sits in storage for 20 years while the new owners decide what to do with it. I would not be surprised if Miracle Production Mad Toys, bought the unreleased prototypes, fine tune them, and release them to the public.
|
|
|
Post by xiombarg on Mar 6, 2014 17:42:01 GMT -5
Japanese culture views financial and business success with an extremely critical eye, and they internalize it to the point of where it's almost like an outward display of their own worth as a person. Japanese people work like dogs, have limited social life, and very few days off. Financial failure is very much viewed as failure in life as a whole. Japan is also the only country where it's been documented that a person literally worked themself to death. There was a documented case where some guy worked long hours every single day for a few years in a row and one day he just dropped dead at his desk. They couldn't find anything physically wrong with him. Japan is also statistically one of the least happy countries which is attributed to the overemphasis on work and having business success.
|
|
|
Post by kamenrider on Mar 6, 2014 17:58:00 GMT -5
^Exactly. Plus the Japanese views on suicide is much different than other cultures.
|
|
|
Post by TheMazingerZ on Mar 6, 2014 18:10:24 GMT -5
Where is their overstock? How to get access to it? I don't think there will be any of the Sold Out releases left in any warehouse anyway. So, if you guys are looking to score the likes of Gordian and Jeeg on the cheap, I highly doubt it's gonna happen... }D
|
|
|
Post by B- on Mar 6, 2014 18:39:22 GMT -5
Where is their overstock? How to get access to it? I don't think there will be any of the Sold Out releases left in any warehouse anyway. So, if you guys are looking to score the likes of Gordian and Jeeg on the cheap, I highly doubt it's gonna happen... }D hahahahaha NO WAY!!! I paid almost 800$ for my anime Gordian!! and about 350$ for my Mixiyawa limited!! Good luck with THAT! Now they may be worth twice that!
|
|
|
Post by TheMazingerZ on Mar 6, 2014 18:45:20 GMT -5
TBH, I highly doubt there will be any Grendizers left either. Maybe some the lesser sought after or extra large production releases, but none of the good sellers. And let's not forget that CM's did make other things besides super robots. }D
|
|
|
Post by B- on Mar 6, 2014 19:09:27 GMT -5
Anime export has several CMs toys,including my favorite grasshopper! BBTS has teh black jeeg on sale too and others.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Mar 6, 2014 19:18:33 GMT -5
Anime export has several CMs toys,including my favorite grasshopper! BBTS has teh black jeeg on sale too and others. Quick! Lets buy them all before they end up on eBay.
|
|
|
Post by OzmaLee on Mar 6, 2014 19:22:41 GMT -5
Thanks Baron! Just bought the black Jeeg on BBTS. Never got the original color one and I think the prices for any Brave Gokin 35 are insane now. Although I'd prefer the normal colors, I think I'll be happy just as long as I have a CM'S Jeeg.
|
|
|
Post by B- on Mar 6, 2014 22:04:17 GMT -5
No prob,just know it does not come with teh horse,I hope you knew?
|
|
|
Post by mrclean08 on Mar 6, 2014 22:20:19 GMT -5
I don't feel so bad anymore for spending $400 for a Miyazawa Gordian a few years ago.
|
|
|
Post by KingboyD on Mar 6, 2014 23:08:41 GMT -5
KingboyD, I'm not creating 'any' new price hysteria as you put it. Prices do go up for specific items when a company goes out of business. Just look at Yamato's Danguard Ace. (Though the company isn't really out of business) I didn't say every items prices will go up, but certainly some of the older releases like Gordian will do. Especially when there aren't many stocks left out there. Like you said if there are tons of Ippatsuman out there, then prices will not surge because there are still stocks out there. If items that are next to few or even rare, then prices will surge. I was kinda joking. But in reality, that is a common problem with the vinyl market. Some products get so hyped up, and then some people drop crazy money on waaaaay overpriced crap.
|
|
|
Post by zankantou on Mar 7, 2014 0:57:20 GMT -5
KingboyD, I'm not creating 'any' new price hysteria as you put it. Prices do go up for specific items when a company goes out of business. Just look at Yamato's Danguard Ace. (Though the company isn't really out of business) I didn't say every items prices will go up, but certainly some of the older releases like Gordian will do. Especially when there aren't many stocks left out there. Like you said if there are tons of Ippatsuman out there, then prices will not surge because there are still stocks out there. If items that are next to few or even rare, then prices will surge. I was kinda joking. But in reality, that is a common problem with the vinyl market. Some products get so hyped up, and then some people drop crazy money on waaaaay overpriced crap. Yeah I know man I know what you're talking about too well as a toy dealer myself.
|
|