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Search took 0.00 seconds. Search: Posts Made By: wincrasher
Forum: General Discussion Forum 02-07-2019, 03:24 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Don't you worry, Jim is going to get his in...

Don't you worry, Jim is going to get his in spades.

They call these paper-cases. It will be company and bank records that tell the story. Testimony of witnesses and speculation as to motives...
Forum: General Discussion Forum 02-07-2019, 02:50 PM
Replies: 398
Views: 68,378
Posted By wincrasher
It's lawyers telling him, for his own good, to...

It's lawyers telling him, for his own good, to keep his pie-hole shut.
Forum: General Discussion Forum 02-07-2019, 02:49 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Telling that all Jim's most ardent supporters -...

Telling that all Jim's most ardent supporters - the Wendlands and Campskunk are so earily quiet. Where are the strident supporters? Even Nixon had his advocates up until the very end - some even...
Forum: General Discussion Forum 02-04-2019, 04:19 PM
Replies: 398
Views: 68,378
Posted By wincrasher
LOL! My glaucoma cleared up completely.

LOL! My glaucoma cleared up completely.
Forum: General Discussion Forum 02-04-2019, 03:59 PM
Replies: 398
Views: 68,378
Posted By wincrasher
LOL. I reflect on that period as "dodging the...

LOL. I reflect on that period as "dodging the bullet".

I have a hilarious story about a Hymer exec calling me and begging me to change my mind. They even promised to get me a van within the...
Forum: General Discussion Forum 02-03-2019, 09:45 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Having listened to his nonsense these many years,...

Having listened to his nonsense these many years, and talking with him on several occassions, I can tell tou he is getting all tgat he deserves. I DO NOT feel sad fir him in any way. I do feel...
Forum: General Discussion Forum 02-03-2019, 05:11 PM
Replies: 398
Views: 68,378
Posted By wincrasher
LOL. I'm sure Jim is contemplating which is more...

LOL. I'm sure Jim is contemplating which is more slimming - orange or black & white stripes.
Forum: General Discussion Forum 02-03-2019, 04:31 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Folks seem to forget that Roadtrek and Hymer are...

Folks seem to forget that Roadtrek and Hymer are both run like a mom&pop shop. It's not as "corporate" as you may imagine. It's COMPLETELY different than an auto manufacturer. In many respects,...
Forum: General Discussion Forum 02-02-2019, 02:41 AM
Replies: 398
Views: 68,378
Posted By wincrasher
Was he not suspended with the others?

Was he not suspended with the others?
Forum: General Discussion Forum 02-02-2019, 02:21 AM
Replies: 398
Views: 68,378
Posted By wincrasher
If Jim isn't directly implicated, he is still...

If Jim isn't directly implicated, he is still responsible for this happening on his watch. It's not unusual to have the head of the organization fall on his sword for this kind of thing. In my...
Forum: General Discussion Forum 02-01-2019, 03:58 PM
Replies: 398
Views: 68,378
Posted By wincrasher
It could very well be that the inflated sales...

It could very well be that the inflated sales figures and the cash flows did not match up, hence the discovery. You'd expect expenses to go up commensurately, but that may be how they covered it...
Forum: General Discussion Forum 02-01-2019, 03:52 PM
Replies: 398
Views: 68,378
Posted By wincrasher
That's as good a guess as any, but I doubt they...

That's as good a guess as any, but I doubt they valued it that high. Considering the Goodwill drops to zero, or even negative with the fraud.

Generally you value based on a multiple of earnings. ...
Forum: General Discussion Forum 01-31-2019, 06:05 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Try to keep up. The news of this came out as a...

Try to keep up. The news of this came out as a result of the due diligence audit Thor conducted as part of their acquisition of Erwin Hymer Group. These audits are common prior to the purchase -...
Forum: General Discussion Forum 01-31-2019, 02:10 AM
Replies: 398
Views: 68,378
Posted By wincrasher
Equity in these transactions means the cash or...

Equity in these transactions means the cash or equivalents that Thor is putting into the deal. There is a large loan involved. So what the banks want is that the "skin in the game" is the same as...
Forum: General Discussion Forum 01-30-2019, 07:42 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Well in the last few years the discounts have...

Well in the last few years the discounts have gotten larger because of the obscene rise in prices across the board. Now they can afford to play the discount game to a certain degree with WGO and...
Forum: General Discussion Forum 01-30-2019, 02:07 PM
Replies: 398
Views: 68,378
Posted By wincrasher
I would speculate we have a few more weeks of...

I would speculate we have a few more weeks of speculation before we know anything definitive!
Forum: General Discussion Forum 01-30-2019, 02:34 AM
Replies: 398
Views: 68,378
Posted By wincrasher
I kinda doubt the incomplete inventory is sold. ...

I kinda doubt the incomplete inventory is sold. That's probably just a story for the employees. If inventory was used as collateral, the note holder may have called the loan or is repossessing the...
Forum: General Discussion Forum 01-30-2019, 01:51 AM
Replies: 398
Views: 68,378
Posted By wincrasher
Well maybe this answers the question - the end is...

Well maybe this answers the question - the end is certainly nigh!

https://kitchener.ctvnews.ca/production-halted-at-cambridge-rv-manufacturer-employees-say-1.4273977
Forum: General Discussion Forum 01-25-2019, 10:45 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Even Elon Musk admitted that they were days away...

Even Elon Musk admitted that they were days away from going under. While he was spinning his lies in the media, the wolf nearly kicked in the door. At the time though, all the fanboys were rushing...
Forum: General Discussion Forum 01-23-2019, 09:04 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Looks like Mike will soon have to buy his own RV...

Looks like Mike will soon have to buy his own RV for traveling. Coachmen could use a brand ambassador - he should hit them up before he gets beat to the punch.
Forum: General Discussion Forum 01-23-2019, 09:00 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Yes, Ross appears to be a fanboy and is spreading...

Yes, Ross appears to be a fanboy and is spreading his kool-aid sipping views over on Facebook too.

FWIW, I've had multiple face-to-face meetings with Jim Hammill. I've also been privvy to...
Forum: General Discussion Forum 01-21-2019, 04:10 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Mike is making a smart play - making himself...

Mike is making a smart play - making himself relevant in the ongoing breaking news, and appearing impartial, yet sympathetic. I expect in the days ahead, Mike will get an "exclusive" interview with...
Forum: General Discussion Forum 01-21-2019, 03:08 PM
Replies: 398
Views: 68,378
Posted By wincrasher
Couldn't happen to a nicer guy if you ask me. ...

Couldn't happen to a nicer guy if you ask me. Lay down with dogs and you wake up with fleas!
Forum: General Discussion Forum 01-21-2019, 02:49 PM
Replies: 398
Views: 68,378
Posted By wincrasher
If there is anything truly proprietary to...

If there is anything truly proprietary to Roadtrek parts-wise, I'd try to order it now, so you have it just in case they go belly up or shut-down.
Forum: General Discussion Forum 01-18-2019, 11:58 PM
Replies: 398
Views: 68,378
Posted By wincrasher
For all we know, the folks at Hymer noticed the...

For all we know, the folks at Hymer noticed the industry data and said "Hey, we aren't building that many units, what the hell?"
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