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Recent Posts
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Sixer 641
8 hours ago, The Hulk said:Why would any of you think M&T is ready to wheel and deal yet? This just happened and the boating season is just beginning..
I guess I don't understand how these things work, but in my mind they should see the writing on the wall and be pricing a little more aggressively than they currently appear to be. Everyone is aware of the lawsuits, and the current situation around Malibu. Huge inventory at Tommy's, and there are a lot of guys on here who can get 30% off a custom build with their local dealers. Why would anyone buy from Tommy's at the same/similar % off with no guarantee of dealer service? Lots of boats sitting on lots.
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smuurph84 122
I’m not a market guy , but is this a big enough problem that people would potentially short Malibu stock? Just putting myself and small business in a similar situation. Losing that much revenue and then to be sued . If Tommy’s wins what could that potentially do to bu ??
Full transparency This might be a laughable post . Again I’m clueless on markets stocks and publicly traded companies .
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The Hulk 1,846
Malibu should buy this inventory back to maintain market stability especially considering the fact that stagflation is here and all commodities and prices will continue to skyrocket for the foreseeable future. these units will have been built at lower cost than next models and they already made $ selling them once. They can surely sit back and wait until M&T gets desperate then buy them all at a steal.
Didn't someone once say "If you owe the bank $1m your screwed, if you owe the bank $100m the bank is screwed" haha .
it would be unfair to let the bank off the hook without major losses for their genius approval that got Tommys here in the first place..
IMO, Tommy's is fine and done, M&T's got problems but you're tax $ will bail them out if needed so their Fine, and Malibu has to figure out how bad they want to PO the other 66% of their existing dealerships which is now actually 100% of their current dealerships.
Seems Malibu is the one with the problem here and uncle Sam isn't bailing BU out.
Edited by The Hulk -
uk_exile 135
On 4/26/2024 at 10:25 PM, RTS said:They just don't make boats that sexy anymore.
Malibu's heyday, in my opinion.
Congrats!
Agree. What's the attraction of slalom towboat pickleforks and triangles? Weird!
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uk_exile 135
There's options for which gauges. Call or email them. I brought a GPS speedo and 4 in 1 multigauge kit. This one https://skiboatpartsonline.com/TRD-Conversion-Kit-Medallion-MDC-1600-1/Medallion-Conversion-Kit-Malibu-TRD-1208-MAL-PP then brought a PerfectPass Stargazer upgrade kit direct from PerfectPass a few months later when funds allowed
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