riggarob

Farmington, NH

Senior Member

Joined: 09/30/2005

View Profile

Offline
|
Just thought I'd throw 'em up, to see what everyone thought. No hidden ajenda. Robbie
D & M wrote: Price of stock is not relevent to anything. It's only the cost that one share in a company will fetch on any given day.
A better measure of the stoutness of a company is looking at thier balance and cash flow sheets.
08 Fleetwood Providence 40X
FL-XC
US Gear Braking system
Blue OX towing system
06 Saturn Vue AWD toad
Wife and best friend Martha Baby
SweetPea - 15 year old "Maine coon cat" still mean as ever
Beware of those who point their finger the LOUDEST !
|
Sully2

Cincinnati

Senior Member

Joined: 01/20/2003

View Profile

|
I see Winnie and Fleetwood building bottom end and mid leverel coaches; CC and Monaco trimming down their lineups and building high midlevel and top level coaches. Tiffin MAY hang on by the skin of their teeth simply because the selection will be so small in the price point of coaches they will be building ( see Winnie and Fleetwood)
ForeTravel wont be here; Blue Bird ( RV) wont be around; Damon and Forest River will have long said Good-Bye.
Look at the really good coach builders that have already bit the dust a
* This post was
edited 06/15/08 04:06pm by an administrator/moderator *
2000 Country Coach Allure; Cummins ISC 330 HP; 71/2 - 8 MPG regardless
2002 Jeep Liberty
|
BSPayne

Estero Florida USA

New Member

Joined: 01/04/2005

View Profile

|
Something else that nobody has talked about yet that is killing the RV industry almost as much as fuel is the Banks. Getting a loan on an RV right now is only for the top tier credit risks. Somebody that may have been able to get a loan a year ago with a 650 credit score, won't even be considered for a loan now. Many banks have gotten out of the RV/Boat lending biz all together. Most banks know these are high risk loans for them currently. No money down loans are now almost a thing of the past.
GE Capitol was a big player in RV loans and now they are out of it. They do not floor-plan for dealers either which. has hurt or shut down a few dealers here in Florida and I'm sure the rest of the dealers in the USA.
By the way Fleetwood laid off 486 people Friday. I am also told by a friend in Nappanne that Newmar has shut down production until further notice. I'm hoping that is just a temporary thing, they shut down for two weeks around the fourth of July anyway. Lets hope this thing turns around soon.
Brian
Brian
|
Great-Dane

Antioch, CA

Senior Member

Joined: 08/23/2004

View Profile

Offline
|
Fleetwood will be around.. If they can still afford to pay NASCAR for advertising, why not! hehe
-Bob
2004 SouthWind 32VS
|
taroach

Midwest

New Member

Joined: 04/24/2008

View Profile

|
In this order of financial/product power:
1. Thor - Debt Free, Tons of Cash, 20 Straight Years of Profit
2. Winnebageo - Debt Free, Class C Monster
3. Tiffin - Great Product, growing market share
4. Monaco
5. Jayco
6. Fleetwood
|
|
|
RVnTrout

Arkansas

New Member

Joined: 04/29/2008

View Profile

Offline
|
BSPayne wrote: Something else that nobody has talked about yet that is killing the RV industry almost as much as fuel is the Banks. Getting a loan on an RV right now is only for the top tier credit risks. Somebody that may have been able to get a loan a year ago with a 650 credit score, won't even be considered for a loan now.
Brian
You must be selling RV's too. I had a 685 declined today and a couple applications with scores OVER 700 declined lately. Fortunately...some of these customers are able to handle the larger payments on short term loans through their own banks.
The banks are hurting us more than the gas prices.
|
427435

Rochester, Mn

Senior Member

Joined: 11/12/2005

View Profile

Offline
|
RVnTrout wrote: BSPayne wrote: Something else that nobody has talked about yet that is killing the RV industry almost as much as fuel is the Banks. Getting a loan on an RV right now is only for the top tier credit risks. Somebody that may have been able to get a loan a year ago with a 650 credit score, won't even be considered for a loan now.
Brian
You must be selling RV's too. I had a 685 declined today and a couple applications with scores OVER 700 declined lately. Fortunately...some of these customers are able to handle the larger payments on short term loans through their own banks.
The banks are hurting us more than the gas prices.
About time. If you can't pay cash for a toy (or at least 50% down), you should get along without it.
Mark
2000 Itasca Suncruiser 35U on a Ford chassis
2003 Ford Explorer toad with US Gear brakes,
ReadyBrute tow bar, and Demco base plate.
|
BurmaShave

Minnesota

Senior Member

Joined: 09/26/2001

View Profile

|
United Airlines and General Motors will be gone in 2 years. GM will be taken over.
UAL will merge then just go out of business.
Fleetwood, Monaco and all Class A's , will be bought up too , and all disappear in favor of European 'Caravans' ...
Think it wont happen ?
And NASCAR wont ever have Toyota engines across the board eihter.
|
REWahoo

Texas

New Member

Joined: 09/07/2007

View Profile

Offline
|
Rich_in_Florida wrote: If you were buying a nice Class A today, which manufacturers would you speculate will be here 10 years from now? It's not a small question given the stresses the industry is under.
Of course, nobody can do more than guess, but... I'm thinking Winnebago and Forest River seem to have deep funding from what I read.
Anyone have a sense of who's got staying power?
Rich, you don't need anyone to answer this question for you. Since you'll continue to put off buying that Class A until next year, and then one more year, then one more year - you'll know who'll be around in 10 years. Then you can ask, "Before I buy a Class A, which manufacturers will be around..."
|
riggarob

Farmington, NH

Senior Member

Joined: 09/30/2005

View Profile

Offline
|
Well, throw this in the overall mix. Who'd a thunk it !!?? Robbie
Budweiser: The finest beer from Oostende to Genk. If that doesn't sound right to you, you're not alone. InBev's $46 billion offer for Anheuser-Busch (BUD) made some Americans wince. How could the quintessential U.S. beer company be owned by a Belgian outfit?
Since the announcement on June 11, opponents of the proposed buyout have launched Web sites and petitions to scuttle the sale. The site SaveAB.com calls the company "an American original," in league with baseball and apple pie. According to the Associated Press, the site was founded by the former chief of staff to Missouri Governor Matt Blunt. Blunt directed the state's Economic Development Dept. to find a way to keep Anheuser-Busch in American hands. And Senator Kit Bond (R-Mo.) urged U.S. Attorney General Michael Mukasey to scrutinize the deal closely for antitrust concerns because it would put "a significant market share of the U.S. in the hands of fewer competitors."
Blunt is obviously concerned about jobs in his home state, as are many of the people opposed to the sale. (Although apparently not many investors: Anheuser-Busch's stock price rose by $3.05, or 5%, to 61.40 on the news. The offer works out to $65 per share.) But the campaign against InBev (INTB.BR) has taken on a distinct nationalistic tone. Anheuser-Busch has successfully marketed Budweiser as the consummate American beer. InBev attempted to address concerns about foreign ownership in its offer letter to Anheuser-Busch, calling the Budweiser brand "iconic" and promising to position it as the company's "global flagship brand." The company has pledged not to close any of Anheuser-Busch's 12 breweries.
BurmaShave wrote: United Airlines and General Motors will be gone in 2 years. GM will be taken over.
UAL will merge then just go out of business.
Fleetwood, Monaco and all Class A's , will be bought up too , and all disappear in favor of European 'Caravans' ...
Think it wont happen ?
And NASCAR wont ever have Toyota engines across the board eihter.
|
|
|