VEGA IS FINALLY HERE, ITS IN STOCK ALONG WITH SOME EPIC BUNDLES & FREESYNC DEALS!!

[Gibbo]

If you see Gibbo's post, you will see I was right, miners are interested and trying to buy Vega

So your assumption is wrong

Right now I have no idea is there is any truth to it or not, but were not seeing such performance, but none of us here are professional miners. So no idea!

But that guy is also correct, a lot of gamers are buying VEGA due to FREESYNC, proven by the fact our FREESYNC monitor sales we have seen very good attachment last 24hr of people buying VEGA's and FREESYNC monitors together, mainly Samsung and LG models.

 

[Gibbo]

I notice that the banner background on the shop site have already gone back to Threadripper from Vega. Bit soon? Maybe at £550 there is not much point pushing them.

Think like a business, would you rather push the stock in your warehouse sitting on a shelf that you own and have potentially paid for.
Or would you rather push a product you have no stock off with an unknown ETA for more arriving.

So of course as a business we push what is in stock and right now Threadripper is in stock and is something pretty amazing to the point were nearly selling 20 of them per day, which may not sound a lot but trust me that is a huge amount when it comes to a CPU costing £1000

 

[Gibbo]

Try offering a pre-order purchase of Vega 64 at £449 and see many orders you get piling in!

Were not here to lose money.

 

[Gibbo]

So you know what the RRP is? Can you tell us all please?

$599 (£589) for air cooled and $699 (£689) for water cooled. UK prices based on us making 8-10%, we lower price we make less, we increase it we make more, just be straight up and honest. We sell at £549 we make very little, close to nothing after credit card / amazon / paypal checkout charges, logistics etc and whislt it is in shortage we will endeavour to make 8-12% because in the grand scheme of things its not a lot, when product is easily available we will aim to move volume at around 5% margin. We don't make much money on these items, why we prefer to sell other stuff rather than components.

15pc Sapphire watercooled arriving next week, all are pre-sold
200pc Powercolor Black air cooled arriving next week, a few spare.
1000+ RX 580 landing, with a PRE-ORDER ONLY PRICE of £278.99 NOW Live with 1pc per customer, pre-order one, once they land the price will increase to prevent miners hoovering them all up.

 

[Gibbo]

Will orders made at £450 on Monday that are waiting stock still be fulfilled?

Yes all orders shall be honoured, we spoke to AMD about what over-sold and they agreed to extend our number to cover the additional orders that came through.

 

[Gibbo]

Yet you have Powercolor cards at £629... So still willing to make silly margin when it suits you.

15% margin on a in short supply product, please tell me how 15% is silly when our operational cost are 4%, were not a charity, we are a business. Also Powercolor cost us more than Sapphire, because I guess TUL (parent group of Powercolor) actually want to make some money too.

IN the grand scheme of things this is not silly margin, if I was over 25% then I would be OK thats healthy, could make less, if it was over 30% then in component sales, yep silly margin and thats about as high as it gets. Anyone can see our accounts online, were not making 50%, not 25%, not even 20%, there is no silly margin here. If you want silly margin, well sex toys are a good avenue, we looked at some King Dongs, several 100%, but we thought it did not really fit our profile.

 

[Gibbo]

So there should be some kind of discount code for the forum users to be able to buy one at RRP then right?

Yes, RRP of $599, but with six units, NO! However a few hundred land next week, I shall activate a voucher code then to bring them down to around £580, which is around 8%, sorry simply not making less than that are new in demand product. Yes the free games will remain unless AMD authorise to start selling again at £449 and covering the loss such a price makes us.

 

[Gibbo]

If they are overclocked?

Only the battery powered one, 8 Pack had some good fun with it I hear.

 

[Gibbo]

I don't know about that. Free lube with every GPU seems like a decent idea!

Yes GPU's are expensive, but the margin for the retailer is slim to next to nothing at SEP. Only the GPU manufacturer makes the real margin but in AMD's defence the margin is probably not amazing on VEGA because it uses HBM2.0 which is very expensive compared to GDDR5.

 

[Gibbo]

I don't think anyone is specifically saying you're at fault Gibbo. People are just saying even at a RRP of $599 the Vega 64 blower edition is overpriced for the performance it offers

As I said previously, I agree and have already pushed AMD to get the card under £500, all I can do is push, will it fall on death ears or will they act only time will tell.

 

[Gibbo]

So the games are free and are not part of any rrp? But you can only sell with the games and this is $599 retail? Sorry to be a bore, just trying to get grasp on AMD pricing for retailers.

This is explained in the OP!

$499 launch price only, NO FREE games! Limited to launch stock volume of several hundred as AMD had to fund as such a price makes quite a substantial loss.
$599 with games for black and silver.
$699 with games for aqua.

 

[Gibbo]

Why do you keep saying its 599 ? The only official rrp from AMD themselves is 499

THE NEW GPU KING UNDER $500 (my arse)

I did not see any official statement from AMD in regards to the 20% price hike (gouge),Without that you can up the prices as far as you want but cannot say its the RRP.

Did we not already go over this with you where I myself told you that you are wrong as did other forum members.

AMD have worded it wrong, it was a launch price, end of. Don't accept that tough, but that is the truth.

Though OcUK might be a big player, we do not set pricing, if the price was $499 then why is there now no longer a single retailer in the world selling at $499, but they are all at $599, kind of proves my point.

I know I am correct, AMD know the truth, its all in writing in confidential emails from them and once again you will argue a point where you were already told you were wrong by myself and several other forum members who can understand it.

 

[Gibbo]

What made me cross is the lack of information regarding the back orders. To honour the price those cards were oversold on Monday, relies at the good will from Sapphire.

I already confirmed this, all those who ordered a card at £449 will get one at £449, simples. AMD agreed to extend our rebate cap to cover all the orders we took at the reduced launch price promotion.

 

[Gibbo]

PowerColor Radeon RX VEGA 64 8GB HBM2 PCI-Express Graphics Card - Black Pack @ £578.99 inc VAT https://www.overclockers.co.uk/powe...press-graphics-card-black-pack-gx-18v-pc.html



AXRX VEGA 64 8GBHBM2-3DH, Core Clock: 1247MHz, Boost Clock: 1546MHz, Memory: 8192MB 945MHz HBM2, Stream Processors: 4096, DirectX 12 Support, Vulkan Support, GCN, 2 Year Warranty



Only £578.99 inc VAT.

ORDER NOW

 

[Gibbo]

Indeed, videocardz = fake news.

It's a completely misleading headline, all AMD basically said is that they initially sold some cards at $499 and because of the HUGE demand (that couldn't be met with initial batch of 100 cards) they are now working to increase stock.

Northern Europe had a lot more than 100 cards, AMD were not that stingy.

 

[Gibbo]

Looks like GeForce Volta cards, or whatever the successor to Pascal is called, are not arriving until at least 6 months time from what Nvidia CEO Huang has said. This is a huge boon for AMD and Vega, it gives ample time for both the 64 and the 56 to mature nicely. I expect the Vega 56 to be notably further ahead in performance versus a 1070 by 3-4 months time, if it isn't already, and custom Vega 56's to be below £400. This will make it the go-to card in the £300+ and 1440p price-range.

NVIDIA still cannot meet demand for Pascal so they have zero reason to release anything new and AMD can't meet demand for RX or VEGA series. Simple fact is this will be a record year for VGA sales, maybe the greatest in history of both NVIDIA and AMD. Crypto currency seems here to stay and the demand is high. OcUK as a company is also seeing many corporate companies also now moving away from Quadro/FireGL and simply choosing the desktop parts for their workstations, servers etc. Demand has increased from all sectors for us, B2C, B2B and corporate are all massively up, 2017 through all the economic disaster is a year of boom it seems for IT, or all the manufacturers are doing a Porsche style and just limiting production to keep demand high and sold out, now there is a conspiracy theory for you.

 

[Gibbo]

He cant control what AMD and AIB's charge him for the cards, he can only give them feedback on what he thinks the cards will sell at to consumers.

This.
Using buying power and tactics might see me a saving, but at most $10 per GPU, any real price move is always supported by the GPU manufacturer or via marketing fund from the AIB.

But of course were not going to simply not sell a product because we don't get our own way, I think most of us grew up of that whilst at primary school. If we just did not sell it, we'd lose sales and business, fact, the simple fact is at the higher price it does still sell. Of course it would sell at lot more at £450 and hopefully AMD will make it possible again in the future.

 

[Gibbo]

Is their a risk to your business that the purchase price from a distributor or an AIB is so high that by the time you put your margin on it the final retail price becomes so high that the card won't sell and eventually you have to sell it at a loss to free up your cash? Has that ever happened to you before?

Yes all purchases are a gamble, thankfully I am pretty good at what I do as are my team, hence why OcUK makes good profits, we have a good team here buying product.

 

[Gibbo]

Did it not seem some what of a gamble buying over a thousand units for more than you thought they were worth at retail?
Or after the mining comments went viral, I guess you knew they'd sell either way.

Simple tactic, buy everything so your one of a few with stock and you will sell it. Remember OcUK is part of a group so we have access to the whole European market, vastly reduces our exposure risk and gives us the ability to move stock to another region if in that region product is in shortage and we have enough to meet our own demands.

 

[Gibbo]

Guys a heads up, try to keep it to within OcUK forum ONLY!

As you all know or should know VEGA 56 launches Monday at 14:00, we shall be doing a STAND ALONE PACK at a special, supported price again, there shall be a RED Pack at normal price, the good news is AMD have authorised us to sell thousands at this supported price, the hope the cards remains on sale for longer than an hour and though I won't confirm the exact price, it shall be under £400 ! Though we have some stock now, the bulk of stock arrives next week, Bank holiday weekend is playing havoc with shipments, so the bigger volume will arrive following week, so if the products show pre-order, just get your order in, do not wait for them to show in stock otherwise you risk missing out on the reduced price.

Also AMD have extended our supported price on VEGA 64 and they want us to go live at the same time, unfortunately we can only sell an additional 300 units, so we expect them to really not last long, the price will be £469-479 and we expect them to be gone within the hour. You will see to simplify matter these products are now called "STAND ALONE" and games are removed. New identical products have being setup, but are called Black Pack and have the games. *HOWEVER* due to the limited quantity this pricing shall go live the following day Tuesday 29th August at 13:45 so I can monitor the run-rate and remove product from sale when the allocated 300 units is sold out (I DO NOT WORK BANK HOLIDAYS & SHALL BE IN SCOTLAND). This date/time won't be moved, so don't even ask. If you cannot make yourself available at 13:45 Tuesday 29th to spend 5 minutes ordering, thats your issue, not ours, take a poo break, coffee break or even the day off.

I am giving you a heads up, this is only posted here on the forum and it gives you first chance to jump on the site and get an order in for VEGA 56 on August 28th at 14:00 at sub £400 or a VEGA 64 at £469-£479 on August 29th at 13:45.

This shall ONLY be posted in this thread!