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jerseyboy

07/09/21 10:50 PM

#30604 RE: Knux #30603

Hi Knux,

I'm still here, but I've been trying to do my own job and someone else's during this quarter's closing, and it's been one of the most difficult weeks of work in my 29 years at this company, so I haven't posted much this week. I do wonder about this latest venture, as although it does seem enticing, I'm wondering how they access the working capital to build out a large number of motorcycles. I suppose that with a large purchase order they could get a nice revolving credit facility, and debt is cheap nowadays, with the interest cost presumably easily exceeded by the margins on the motorcycles. Manufacturing does seem a little far afield from the management team's expertise, but I'm sure a good vehicle manufacturing executive could be attracted by the potential of a significant venture.
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Crawfors

07/10/21 8:07 AM

#30606 RE: Knux #30603

LOL!! yeah i guess you're right