Pricing for Renegade is here!!!
#72
You mean like selling GMAC?? Care to explain that one? GMAC was one of their most profitable divisions.
As fas as Pixar, Disney has been after PIXAR for years. It wasnt a surprise. Apple got a pretty penny for it too. BUT the difference is, did they have to put a for sale sign in the window to sell it? Why didnt honda, yamaha, etc - the cash kings jump on buying BRP? FACT is the parent co. DIDNT WANT IT ANYMORE. WHY? "to refocuse their core business." I can buy that- but you dont have to refocus, unless you were out of focus and losing.
we could go back on forth on this forever. what i said about it was facts from THEIR statements.
it costs too much at nearly $10k for them to sell it effectively. some loyalists and strayers might buy it but it is not going to revolutionize anything.
you guys remind me of the cannondale people- if you had the slightest thing to say that wasnt "cannondale rules," you sucked and were bashing and "didnt understand." They said cannondale would be here to stay...I warned them as well to much angry responses like now.....just dont want to see the same thing happen to this line of products, as it appears to be headed that way, ATV-wise.
oh, and to have everything made in mexico, yeah, that's comforting and just paints the picture of quality... ever been to mexico? bought a new ford lately? b/c thats where allot of them are made now.
The earnings figures i quoted were from this year comparing last years. FROM THEIR WEBSITE AND THEIR STATEMENTS. It was down in black/white print. they were NOT projections, but actuals.
as far as them winning every ATV shootout and ATV award, you will need to show it to me b/c the only things THEY claim are:
1999
Traxter ATV is awarded the ATV of The Year by ATV Magazine.
2003
In January, the Bombardier OutlanderTM is named 2003 ATV of the Year by ATV Magazineand ATV of the Year by The 2003 ATV Guide.
for the portfolios, i can get avg 30% return. much greater than most peoples measly 5-11% right now. so get your facts straight before you attack me there. you wont win.
#73
Heres the press release of the sale:
"BOMBARDIER ANNOUNCES SIGNATURE OF AGREEMENT
FOR SALE OF RECREATIONAL PRODUCTS BUSINESS
Montréal, Aug. 27, 2003 - Bombardier Inc. announced today that it has reached an
agreement in principle for the sale of its recreational products business for an
aggregate purchase price of $1.225 billion Cdn. This agreement was entered into by a
corporation formed by Bain Capital, members of the Bombardier family and the
Caisse de dépôt et placement du Québec." (family wanted it; that explains it)
"This transaction all but completes Bombardier’s action plan presented on April 3, 2003, a plan designed to restore the Corporation’s balance sheet and liquidity
profile.."
so there was trouble in paradise, all nicely worded.
"BOMBARDIER ANNOUNCES SIGNATURE OF AGREEMENT
FOR SALE OF RECREATIONAL PRODUCTS BUSINESS
Montréal, Aug. 27, 2003 - Bombardier Inc. announced today that it has reached an
agreement in principle for the sale of its recreational products business for an
aggregate purchase price of $1.225 billion Cdn. This agreement was entered into by a
corporation formed by Bain Capital, members of the Bombardier family and the
Caisse de dépôt et placement du Québec." (family wanted it; that explains it)
"This transaction all but completes Bombardier’s action plan presented on April 3, 2003, a plan designed to restore the Corporation’s balance sheet and liquidity
profile.."
so there was trouble in paradise, all nicely worded.
#74
This transaction all but completes Bombardier’s action plan presented on April 3, 2003, a plan designed to restore the Corporation’s balance sheet and liquidity
profile.."
so there was trouble in paradise, all nicely worded.
>>>>>>>>>>>>&g t;
That's not what is stated here at all. Do you have any ACTUAL figures to back up your claims?
Why did GM sell GMAC?? Got sick of making money?
profile.."
so there was trouble in paradise, all nicely worded.
>>>>>>>>>>>>&g t;
That's not what is stated here at all. Do you have any ACTUAL figures to back up your claims?
Why did GM sell GMAC?? Got sick of making money?
#75
i explained GMAC in an earlier post, go read it. i am not going to repost it. GM sold a large stake in GMAC, not the entire thing. It was a move by the CEO, that was not widely accepted by the board nor the shareholders and resulted in a corresponding drop in their stock. In short, it was a stupid move greeted with much criticism. I can garrantee you that he will not be the CEO of GM much longer.
No, i didnt post the entire thing. I posted the RELEVANT info about WHY BOMB INC sold BRP. If you want the whole thing posted, fine. But it doesnt change the direct quote that i make from it that explains WHY...
and figures... i showed you figures already, go re-read what i said again. the last thing was the icing on the cake and conclusion and evidience of why it was sold - it was not in BOMB INCs best interest to keep. This is their executives talking. They wanted to straignten up their balance sheet (ummm b/c it was unbalanced and sinking) etc. Just like i have been saying, based NOT on bashing but on what BRP/BOMB INC was saying and from what the financials were saying. Nothing i said was made up.
Im not doing your leg work for b/c i already have. You can find coresponding financials to back up what the executives that RUN brp, bombardier, INC concluded to reaching their decision to sell BRP to the bombardier family for yourself. Weall know how well families do business so that is another concern.
i dont think reposting them 1,000,000 times is going to help you understand.
i wish the best for you, yours, Can AM, theh renegade, etc. I do not want them to go under like cannondale did. It is futile to argue this anymore. Ive proven the points of WHY.
Time will unfold the story. If i am wrong about the 5yr thing, I tell you i was.
No, i didnt post the entire thing. I posted the RELEVANT info about WHY BOMB INC sold BRP. If you want the whole thing posted, fine. But it doesnt change the direct quote that i make from it that explains WHY...
and figures... i showed you figures already, go re-read what i said again. the last thing was the icing on the cake and conclusion and evidience of why it was sold - it was not in BOMB INCs best interest to keep. This is their executives talking. They wanted to straignten up their balance sheet (ummm b/c it was unbalanced and sinking) etc. Just like i have been saying, based NOT on bashing but on what BRP/BOMB INC was saying and from what the financials were saying. Nothing i said was made up.
Im not doing your leg work for b/c i already have. You can find coresponding financials to back up what the executives that RUN brp, bombardier, INC concluded to reaching their decision to sell BRP to the bombardier family for yourself. Weall know how well families do business so that is another concern.
i dont think reposting them 1,000,000 times is going to help you understand.
i wish the best for you, yours, Can AM, theh renegade, etc. I do not want them to go under like cannondale did. It is futile to argue this anymore. Ive proven the points of WHY.
Time will unfold the story. If i am wrong about the 5yr thing, I tell you i was.
#76
A few things I don't understand. Can I put the new gas shocks from the Renegade on my 800 and have 10 in of travel? How does moving the brakes back out to the wheels make it stop better? Isn't there a solid axel between the diff and the wheel? I thought the ATV segment of BRP was just getting re-named with the prev owned and used Can AM name. But sold to an outside interest? Let the market decide on the Renegade price. Remember what the S in MSRP stands for. To me it looks like a quad a lot of people will want.
#77
I live here with a Bomb Inc aviation plant right here in town, so what is going on with the company is in our local news all the time. As I recall the power sports devision was sold back to the original family in order to generate cash for a cash strapped company. I think that is similar to the reasons why GM had to unload GMAC. To get cash to stop the bleading elswhere. When the Powersport devision was sold the aviation plant was laying off people right and left in the tune of thousands of employees. It was simple Bomb inc needed money, the family that started the company saw the potential of the brand if they could only get back in the driver seat, I think its safe to say that after the family's first of many new release hit the showrooms that by years end there sales were way up along with there market share. I would love to see the market share numbers for all the top brands from 03-05 and first quarter of this year. I think there will be some surprises for the naysayers.
#78
Originally posted by: cc1999
I live here with a Bomb Inc aviation plant right here in town, so what is going on with the company is in our local news all the time. As I recall the power sports devision was sold back to the original family in order to generate cash for a cash strapped company. I think that is similar to the reasons why GM had to unload GMAC. To get cash to stop the bleading elswhere. When the Powersport devision was sold the aviation plant was laying off people right and left in the tune of thousands of employees. It was simple Bomb inc needed money, the family that started the company saw the potential of the brand if they could only get back in the driver seat, I think its safe to say that after the family's first of many new release hit the showrooms that by years end there sales were way up along with there market share. I would love to see the market share numbers for all the top brands from 03-05 and first quarter of this year. I think there will be some surprises for the naysayers.
I live here with a Bomb Inc aviation plant right here in town, so what is going on with the company is in our local news all the time. As I recall the power sports devision was sold back to the original family in order to generate cash for a cash strapped company. I think that is similar to the reasons why GM had to unload GMAC. To get cash to stop the bleading elswhere. When the Powersport devision was sold the aviation plant was laying off people right and left in the tune of thousands of employees. It was simple Bomb inc needed money, the family that started the company saw the potential of the brand if they could only get back in the driver seat, I think its safe to say that after the family's first of many new release hit the showrooms that by years end there sales were way up along with there market share. I would love to see the market share numbers for all the top brands from 03-05 and first quarter of this year. I think there will be some surprises for the naysayers.
#79
Originally posted by: EasyQuader
A few things I don't understand. Can I put the new gas shocks from the Renegade on my 800 and have 10 in of travel? How does moving the brakes back out to the wheels make it stop better? Isn't there a solid axel between the diff and the wheel? I thought the ATV segment of BRP was just getting re-named with the prev owned and used Can AM name. But sold to an outside interest? Let the market decide on the Renegade price. Remember what the S in MSRP stands for. To me it looks like a quad a lot of people will want.
A few things I don't understand. Can I put the new gas shocks from the Renegade on my 800 and have 10 in of travel? How does moving the brakes back out to the wheels make it stop better? Isn't there a solid axel between the diff and the wheel? I thought the ATV segment of BRP was just getting re-named with the prev owned and used Can AM name. But sold to an outside interest? Let the market decide on the Renegade price. Remember what the S in MSRP stands for. To me it looks like a quad a lot of people will want.
#80
No, i didnt post the entire thing. I posted the RELEVANT info about WHY BOMB INC sold BRP. If you want the whole thing posted, fine. But it doesnt change the direct quote that i make from it that explains WHY...
>>>>>>>>>>>
Using your same assumption and logic here. What kind of idiot buys a money losing operation??
>>>>>>>>>>>
Using your same assumption and logic here. What kind of idiot buys a money losing operation??


