| Author | Message | ||
     Mikej |
From the local newspaper: http://www.jsonline.com/story/index.aspx?id=415329&format=print
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| Glitch |
increasing shipments only 1% this quarter. So if you buy a new harley you'll be a 1%er? | ||
| Mikej |
Yep.  2%er if you buy a used Harley, 3%er if you buy a Buell, 4%er if, uh, something, I have to go check on some CAD data now until my train of thought catches up.....  | ||
| Court |
Who else didn't dump their stock today?  The BOLD is my doing. NEW YORK (Dow Jones)--Harley-Davidson Inc. (HDI) will continue to boost inventory to dealers in order to keep motorcycle prices in line, Chief Executive Jim Ziemer said Thursday. "What we've been doing over the past several years is bringing up inventory at the dealer level," Ziemer said in an interview on CNBC. On Wednesday, an analyst with Soleil Securities warned that Harley-Davidson's plan to ship 13,000 of its 2007 model motorcycles to dealers in the second half of the year, along with steady supplies of 2006 models, will flood dealers with bikes. "Before, when inventory was too low, many dealers were charging prices far in excess of the (Manufacturer's Suggested Retail Price). People (were on) long wait lists for the motorcycles, and that ends up chasing customers away," Ziemer said. "We thought the only way to address this was to increase the amount of inventory." The motorcycle maker posted a 3% rise in profits for the first quarter Wednesday, in line with Wall Street expectations and helped by motorcycle-sales growth in the U.S. and abroad. -By Cynthia Koons, Dow Jones Newswires; 201-938-2007; cynthia.koons@dowjones.com (END) Dow Jones Newswires 04-13-06 0925ET Copyright (c) 2006 Dow Jones & Company, Inc.- - 09 25 AM EDT 04-13-06 | ||
| Mikej |
If I had money I'd have bought some today. Then sell it later and buy a new Harley. Lather, rinse, repeat. | ||
| Court |
>>>If I had money I'd have bought some today. Wise move. Bloomberg, Dow-Jones and all the analysts boards are lit up today. I'd post here, but I'm pretty sure it violates something for wifey poo to be shoveling out $50K/mo for newswire and me to be posting it on an internet chat site. But, in my mind, it ain't altogether a bad thing when your sales decline and your earnings go up. Looks like efficency...I'dm sure someone at HD is thanking Buell. | ||
| Blake |
"$50Kmo for newswire" Good grief! Can't she just get some illegals to do that instead? | ||
| Patrickh |
Increase in profits is a good thing, combine it with a decline in units and it may not be so good. There are many ways to streamline production and distribution so your overall costs decline. The Japanese invented the concept of "just in time inventory". Essentially they had such a good understanding of their purchasing, distribution and production that their cost of inventory almost never became static. Dollars tied up in inventory are not a liquid asset, in fact, a part in storage costs more than parts which are utilized immedately in production. Pieces that go into a sales unit have much less overhead associated with them. By reducing it's inventory of parts, a manufacturer can eliminate much of the overhead associated with production. Now the retailer assumes the cost of the inventory rather than the manufacturer because all inventory becomes a sales units more quickly. I am not saying that Harley has a problem, but a manufacturer who has the ability to sell all of its sales units to welcoming retailers has the ability to streamline costs in such a way that it can increase profitability without the increasing production of sales units. | ||
| Fusa21 |
The interview with Ziemer also make a good point in that by keeping the dealers stocked with inventory, that gives customers no reason to go and buy a competitor's bike simply because of availability. A plug and play concept for the new generation of i-Pod, Xbox...etc users. Works for bikers too...trade your '04 for an '07 now or wait 5 months. What would you choose? | ||
| Odie |
I'll be holding on to our shares in HDI for a good while longer thank you......they have doubled since I bought the first ones in '93 | ||
| Court |
>>>"$50Kmo for newswire" Hey Bloomberg, DJ and Morgan-Stanley real time ticker news is hot stuff....ever wonder where Bloomberg made his I am wondering how many folks recall what happened PRECISELY 1 year ago on the very same day when Harley-Davidson's President made the same announcement? My Dad sold his business in 1983 and took a chunk of the proceeds and bought HD stock. I'd say the subsequent performance was quite impressive. I'm not sure there are many places that you could have put $1 and had it perform so well. Youngest son, an investment fanatic, did something similar with Microsoft when he received a windfall years ago. Went through like 12 splits. His favorite saying "my goal with my college fund is to earn enough that I don't have to to go college". Markets are funny things, Vickie has 6 people in her company and 3 of them are billionaires, 2 of them under 40. Keep a close eye on those Japanese banks! | ||
| Ftd |
I bought HDI from day one. Sold out three years ago. I still held it too long. HDI has been dead $$ for 6 years now. Go to Yahoo financial page and research its performance for 5 years and entire history. Stock has been flat since 2000. Sell and invest in something better (return wise). http://finance.yahoo.com/q/bc?s=HDI&t=5y&l=on&z=m&q=l&c= This is not a rant against Buell or HDI, just the facts. Compare the last 2 year performance of HDI vs HANS, CMC, SBUX, etc. Never let your personal feelings about a product impact your financial decisions. JMO Frank (Message edited by ftd on April 14, 2006) | ||
| Court |
>>>>Never let your personal feelings about a product impact your financial decisions. Precisely. Marry a woman; not an investment. My personal HDI strategy, at present, is no longer long-term but "hit and run". Precisely one year ago, when the same announcement was made, HDI dropped $10 a share instantly. It was a good day to buy and sell 28 days hence. For longER term, I keep an eye out for "pop culture and current event" trends. For instance, the day the US first stepped on to foreign soil was a good day to get into (literally and figuratively) ceramic body armor.
Funny world. If you're REALLY gutsy, you can try what Vick's doing with Japanese banks but you'll need a set of those brass balls (currently available from the Entropy Lab) being discussed on another page. For the record....I am NOT the gutsy one in our family. I predict Buell will play a very significant role in HDI in the next 10 years. But hey.....what would you expect me to say? | ||
| Bomber |
well, given all the hue, cry, hand wringing, gnashing of teeth and rending of garments over the fiscal state of the country (awful, say some), the day trader mentality displayed here (which I share, btw, why NOT maximize revenue generation, sez me) makes me chuckle Court -- as any machinist knows (and while I'm NOT a mchinist, even a semi-competant metal muncher knows), once you've tooled-up to produce ONE thing, the next are easy -- lemme know if'n ya need some brass ones | ||
| Court |
>>>>lemme know if'n ya need some brass ones In my advancing years, I've gone cranky, not clanky. Watch out...this Homecoming is shaping up to be the ELF FEST of all time! |
