Cigarette Racing Team Acquisition Of Doug Wright Designs Off The Table
04-09-2022 | 06:40 AM
#81
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Not fuzzy in my mind Jeff - simply unachievable.
I’m making this up obviously but…..
50 boats a year at 1M per - 50,000,000
4x Revenue claim - 200,000,000
How do we get there….
100 boats at 2M per - doubled price and production?? Quite an accomplishment on the mfg side and truly a product with an inelastic price/demand curve. Skip should have priced his boats better!!
125 boats at 1.6M per - incredible ramp up in production and an incredible sales staff to be able to pass along 60% price increase. Kudos to everyone!!
150 boats at 1.3M per - WOW, that factory was really underutilized in the past, and the staff must have had long smoke breaks. Glad it’s operating at capacity now!!
There is always an exit in sight for PE as we all know….. hope the quality remains…..
I’m making this up obviously but…..
50 boats a year at 1M per - 50,000,000
4x Revenue claim - 200,000,000
How do we get there….
100 boats at 2M per - doubled price and production?? Quite an accomplishment on the mfg side and truly a product with an inelastic price/demand curve. Skip should have priced his boats better!!
125 boats at 1.6M per - incredible ramp up in production and an incredible sales staff to be able to pass along 60% price increase. Kudos to everyone!!
150 boats at 1.3M per - WOW, that factory was really underutilized in the past, and the staff must have had long smoke breaks. Glad it’s operating at capacity now!!
There is always an exit in sight for PE as we all know….. hope the quality remains…..
So 20 X 1mm average = 20mm which is now 4X = 80mm but soon to be 200mm!
A few outlying concerns:
1. Do MTI/NT/OL/M. Express even do 200mm combined in annual sales (delivered product)?
2. Could Mercury/Myco even supply enough product to support CRT's fantasy sales?
3. Are there that many buyers out there for a new Cigarette? How come Speed on the Water hasn't featured them like they did with Cashbar/Bob the Builders new boats?
4. Can you have that huge bump in sales after firing your biggest dealer in company history? Without Bud Lorow keeping the production line flowing?
Lastly: Where are the new boats (4X already improved)? Miami show had an old Firefox, a 29 yr old Ferrari, a jet ski model, a stickered cat, 2 CC's and a 515. So the first 4 don't count towards production increase and I'd bet the 515 is some type of Ruiz family demo. He mentioned a final run of 10 Top Guns before they get redesigned. Anyone seen one, nevermind 10.
Their new acronym might me CRT: Can't Really Tell ..........as in what's going on with Cigarette............not sure CRT!
Last edited by Jupiter Sunsation; 04-09-2022 at 06:43 AM.
04-09-2022 | 09:32 AM
#85
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on a more serious note…does anyone know cigarettes plan to build yachts? Are they designing and building everything in-house from scratch? Seems like a Herculean effort and a huge capital drain on a business that likely doesn’t have the free cash flow to keep up with the big boys. Why not buy a floundering yacht company for cheap? Or is that that plan?
04-09-2022 | 10:06 AM
#86
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on a more serious note…does anyone know cigarettes plan to build yachts? Are they designing and building everything in-house from scratch? Seems like a Herculean effort and a huge capital drain on a business that likely doesn’t have the free cash flow to keep up with the big boys. Why not buy a floundering yacht company for cheap? Or is that that plan?
Buy something built in Taiwan then slap stickers on it!
Taiwan yacht 3.5mm, Cigarette "lifestyled with logos/stickers" and make it 10mm!
That son is how you make 6.5mm overnight...........286% profit.
Wow dad: We can throw a few Cigskis on it and maybe a 59 Tirahna in there as a tender and make even more!
That's my boy, like a chip off the ole block!
