| Author | Message | ||
     Socalmoe |
Read on........ http://www.motorcycle-usa.com/4/543/6/Motorcycle-B log-Post/Harley-Shares-Jump-Based-on-Takeover-Rumo r.aspx | ||
| Dannybuell |
wow | ||
| Two_buells |
there is a Harley Takeover Speculation thread on the quick board | ||
| Tibman260 |
Nah nah nah nah, nah nah nah nah, hey hey hey, gooooodbbbyyeeee.... | ||
| Usmoto |
Wouldn't bother me a bit to see HD bite the dust. F@&$k HD! | ||
| Trafford |
Wouldn't bother me a bit to see HD bite the dust. Yeah sure! Except I need to keep my Buells on the road!! And I have a new 2 year warranty} | ||
| Cherry_bomb |
do you guys really think the company, it's brand and all the labels would disappear in case of a takeover? very naive. they don't buy a company to shut it down. | ||
| Sporran |
So the Buell name might be on the market, Rotax still interested?? | ||
| Trafford |
I agree....no one will kill a brand that strong.....and Buell parts will find a way to continue whatever happens. Look at the Vincent story. Stopped production of the famous 1000cc V-Twin in 1955 and right now (tomorrow if you have the cash) you can build a complete brand new one because all parts are still available. The Vincent Owners Club bought the drawings and rights to produce parts long ago. Nothing is impossible!! | ||
| Kirb |
HD takeover was a rumor 2 years ago. I don't know the $$ details, but many motorsport corps are in trouble and mergers will be the only way that some of them survive. BRP and HD are two of them. The others have outside markets to prop them up (honda, yamaha, etc) | ||
| Stirz007 |
Takeover or buyout does not mean liquidation. Likely someone sees this as a good investment and wants to turn a buck. Remember AMF?? Now what happens as far as product line(s) after a takeover is another question.... | ||
| Reducati |
when i had my ducatis, they changes ownership quicker than i could change my oil!  | ||
| Ride4life |
OK, I'm no financial guru and don't know a ton about LBOs but I listened to a really interesting piece on NPR's Fresh Air about these private equity takeovers being the next housing bubble. Basically, they take out huge loans to buy mostly healthy companies then cash out only to leave the target company saddled with the debt...the companies often go bankrupt after that or the company is forced to layoff lots of employess (I am oversimplifying of course). Large numbers of Americans work for these smaller to mid-size corporations and this economist believed it was the next shoe to drop on our economy as more and more layoffs ensued. Depressing, huh? | ||
| Rex |
see the KKR thread running ... Usually folks like KKR bring in their own people to run the company, even if they know nothing about it. They come in, borrow money, and then start dismantling as much as they can, selling assets to pay off the quick loan. Then they try to cut jobs, cut other operations, and usually the company is about half of its current size. Then they do a stock offering later. They start selling off their shares to recoup their monies. But in the meantime, KKR makes a ton of money at the expense of the company and the workers. They sometimes call them a white knight, but they are only in it for Money, not the good of the company they are buying | ||
| Hogzilla |
I can understand why many here don't like HD as a company or many of the dealers, but HD failing isn't good for anyone. More lost jobs, those of us with warrantees that won't be honored (more than likely) and no parts or support. This is a prime example of cutting off the nose to spite the face. | ||
| Kirb |
HD isn't going away...it just is in a position to be taken over or merged with another company because of it's $$ position. This wouldn't be the case in the 90's rip-off era of high margins and waiting lists for bikes. Now that sales across the market are way down the door opens up for mergers or take overs. | ||
| Court |
Could be interesting to watch. My wife has done some work with KBB before and HD is certainly, seeing as they don't have enough cash to make their upcoming interest payments and they made the last interest payment by borrowing more money, for a take over. It's high time some of the folks at Juneau be sent walking. They brought this on themselves. My greatest concern is how out of touch it appears HD is with their market and their customer. Their 4th quarter projections fell far short of the actual losses. I am less concerned about a company losing money than I am a company who doesn't know how much they intend to make or lose and can't tell you why things are happening. Change. . . for darn sure . . is in the air. | ||
| Trackdad |
All, Seems we agree that some kind of change is due! Courts comment "My greatest concern is how out of touch it appears HD is with their market and their customer. Their 4th quarter projections fell far short of the actual losses. I am less concerned about a company losing money than I am a company who doesn't know how much they intend to make or lose and can't tell you why things are happening." is very accurate. Seems Forbes has it own way of putting it. Read http://www.forbes.com/2010/03/17/harley-davidson-c ommoditization-leadership-managing-competition.htm l?partner=yahootix |
