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Pricing for Renegade is here!!!

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Old May 16, 2006 | 10:17 PM
  #111  
05dsrider's Avatar
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Default Pricing for Renegade is here!!!

brp is and always has been a high price company they will admit that and they say they arnt going to change so if you dont like it then just get used to only seeing the tail light
 
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Old May 16, 2006 | 11:46 PM
  #112  
mototoyz's Avatar
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Default Pricing for Renegade is here!!!

Man is this still going on?? Okay twenty, since you lack the ability to substantitate your assumptions, I had the CEO of Bombardier email this financial summary for the last year they owned the recreational vehicles division and prior years back to 2001. It is also online in the '03 report for your viewing pleasure. I told him of your uncanny ability to discern a company's financial state and thought process from executive statements and press releases, and he would like to offer you a job. (he won't hold the tough LA public school education against you). Review the following at your leisure and then tell us one last time that the recreational vehicle segment was losing money.
HISTORICAL FINANCIAL SUMMARY
For the years ended January 31 (restated)
Operations summary


2003 2002 2001
Segmented revenues
Aerospace $11,294.4 $12,289.2 $10,689.8
Transportation 9,421.8 7,019.5 3,043.3
Recreational Products 2,476.3 1,952.6 1,687.1
BC 894.9 966.8 935.9
Intersegment revenues (422.5) (412.5) (284.2)
External revenues $23,664.9 $21,815.6 $16,071.9
Income (loss) before special items and income taxes
Aerospace $ (32.4) $ 721.5 $ 1,027.9
Transportation 309.8 230.4 120.5
Recreational Products 138.4 150.3 86.0
BC 103.8 41.4 (15.4)
519.6 1,143.6 1,219.0
Special items 1,310.8 1,093.5 29.7
Income (loss) before income taxes
Aerospace $ (1,343.2) $ 364.7 $ 1,077.7
Transportation 309.8 156.2 120.5
Recreational Products 138.4 150.3 86.0
BC 103.8 (621.1) (94.9)
(791.2) 50.1 1,189.3
Income tax expense (recovery) (176.0) 14.1 350.0
Net income (loss) $ (615.2) $ 36.0 $ 839.3
Earnings (loss) per share $ (0.47) $ 0.01 $ 0.60

 
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Old May 17, 2006 | 01:22 AM
  #113  
raidermike67's Avatar
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Default Pricing for Renegade is here!!!

Income (loss) before income taxes
Aerospace $ (1,343.2) $ 364.7 $ 1,077.7
Transportation 309.8 156.2 120.5
Recreational Products 138.4 150.3 86.0
BC 103.8 (621.1) (94.9)
(791.2) 50.1 1,189.3
Income tax expense (recovery) (176.0) 14.1 350.0
Net income (loss) $ (615.2) $ 36.0 $ 839.3
Earnings (loss) per share $ (0.47) $ 0.01 $ 0.60
>>>>>>>>>>>&gt ;

OUCH!! So, just a coincidence that Bombardier sold off the profitable Rec. division the same year the Aerospace division lost a huge chunk?? I'm just dying to see what kind of response you get here. Now the spreadsheet is jumbled because of the format change but looks like the Rec. division was CLEARLY profitable while the Aerospace division drug down the entire companies bottom line.
 
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Old May 17, 2006 | 01:24 AM
  #114  
FreezurBurnt's Avatar
Weekend Warrior
Joined: Apr 2005
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Default Pricing for Renegade is here!!!

Ok what is the MSRP price dif here

Rincon 680 efi vs Outy 650efi

Rubicon 500 vs Outy 500 or 400 which has just as much power as the Ruby

Outy 400HO vs Kodiak 450

Bruin 250 vs Rally 200

Can't be that much

Hell my bros paid $11,000 OTD for his 05 Poo Sportsman 500(camo) last August

Canadian price btw
 
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Old May 17, 2006 | 01:19 PM
  #115  
FlyingREV's Avatar
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Default Pricing for Renegade is here!!!

Still a wacky crazy price!
 
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Old May 17, 2006 | 07:53 PM
  #116  
twentycharacters's Avatar
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Default Pricing for Renegade is here!!!

I told him of your uncanny ability to discern a company's financial state and thought process from executive statements and press releases, and he would like to offer you a job
fine, id go work for them for the right $$$$! guys, i did quote actual releases and financial statements- it showed a BRP loss for fiscal yr 2006 vs fiscal yr 2005 with $46million in losses due to reduction in number of units sold. go read it- its back about 4 pages???

however, i think we will have to agree to disagree. you are unwavering fans that i never wanted to "un-fan" you, just to highlight a couple concerns i had.

we do agree on some things:

the renegade will be fast
bombardier does make good products

i never doubted these two things. i was just alittle concerned when a company starts renaming themselves ive been through that before and it usually signals desperation. but hey, if it works out, im glad for brp/can-am, the whole indusrty. if they ever make a lighter bike (maybe a in the sport area) ive give them a shot. if this 450 twin they have rumored is true then id love to see it.

and no i never said to make an 800cc 450lb 4x4 quad. i said make a lightweight, high-performance 4x4 quad that weighed around 450lbs. i still think 10K is too high for the product and it's too heavy...

cannondale had a high price that not many were willing to pay, which is one reason why they went under. i think that ultimately, cannondale woke up the OEMS into making better products. like i have said- i hate to see brp stop making quads b/c they cant sell them b/c the price is too high...

MDOG?- if you wanna find me the thing where honda wanted BRP, then do it b/c i have pretty close ties with Honda and havent heard this one. If its is true i, will retract what i said about that. Im a fair man. denny crane.[img]i/expressions/face-icon-small-smile.gif[/img]
 
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Old May 17, 2006 | 09:31 PM
  #117  
maxxedouty's Avatar
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Default Pricing for Renegade is here!!!

Hey, You guys can borrow my dueling pistols and settle this {debate}Just let me know where so i can see who the winner is. Thats the only way you will settle this!!
 
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Old May 17, 2006 | 10:08 PM
  #118  
EasyQuader's Avatar
Range Rover
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Default Pricing for Renegade is here!!!

You think top line quads are expensive? Look at dirt bikes. KTM 450's $7k+. That's about $28 a pound. Renagade at $9300 is about $15.50 a pound. What a deal.
 
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Old May 17, 2006 | 10:34 PM
  #119  
raidermike67's Avatar
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Default Pricing for Renegade is here!!!

fine, id go work for them for the right $$$$! guys, i did quote actual releases and financial statements- it showed a BRP loss for fiscal yr 2006 vs fiscal yr 2005 with $46million in losses due to reduction in number of units sold. go read it- its back about 4 pages???
>>>>>>>>>>



This isn't exactly the point. You suggested that Bombardier unloaded BRP because it was a drain on the company's bottom line. Clearly it wasn't a drain, it was profitable. How profitable? Hard to say without knowing what their profit margins are, average ROI etc...It's not THAT unusual for a newly acquired company to lose money it's first financial year as it goes through the typical restructuring that goes on within a change like that and now being privately held does not have to answer to Wall St, this gives the company the ability to cut whatever fat was necessary it's first year so as to not burden the company going forward. Generally an acquired company needs to clean the books, one time tax charges, lawsuit settlements, severence, etc. Some of these changes included discontinuing the Traxter and Quest models along with the Outlander 330.

You keep saying that they won't be able to market these expensive quads, clearly they can and have, they can't keep up with demand.
 
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Old May 17, 2006 | 11:00 PM
  #120  
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Default Pricing for Renegade is here!!!

Originally posted by: maxxedouty
Hey, You guys can borrow my dueling pistols and settle this {debate}Just let me know where so i can see who the winner is. Thats the only way you will settle this!!
I would buy a ticket at this point. Everyone is wearing me out with this "I am more righter than you are!" crap. Jeez, take a cookie break. It's a real shame. Most guys come here and are supportive of one another. I personally don't care what you ride or what you spent. I would ride with any one of you, unless you are going to become as a##hole and start running your mouth about what I am riding. If you look, that is the only time I get a little nasty on here. As long as you are responsible and take care of your family and can afford it, I wouldn't judge you for spending $50K on an ATV if you wanted to. I like to see the competition amongst the manufacturers, it will only make things better. I have made all of the purchases I will be making for a while. I don't need to run out and have the latest greatest thing this year, I can be patient. The way things are looking, there is some great stuff on the horizon and I will wait to see what comes over the next few years. Thicken your skin up boys, you guys get hateful too quickly over here.
 
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