All Harley Doom and Gloom Posts Mega Thread
Supporter
Joined: Apr 2017
Posts: 2,491
Likes: 3,714
From: Mid Con USA
well I am waiting for the R18 bagger to drop, I was hoping that Harley wasn't going to scrub the 2021 launches this fall so I would have a new temptation.
regardless, in less than two years of Harley ownership I racked up more shop time than twenty years of BMW ownership, just saying.
regardless, in less than two years of Harley ownership I racked up more shop time than twenty years of BMW ownership, just saying.
Seasoned HDF Member
Joined: Nov 2009
Posts: 15,705
Likes: 22,718
From: Farmington ,MS
Not the same. I generally agree with folk who say, 'stop panicking'. But crap stock price means cheaper to buy the firm, or investors nervous it will survive etc.
The reason your examples aren't the same is you don't rely on Colgate or Levi's to keep you going after you bought the product. Rover motor cars went bust over here a few decades ago and getting spares was a nightmare and car values went through the floor.
I dont think that's about to happen, just replying to your post.
The reason your examples aren't the same is you don't rely on Colgate or Levi's to keep you going after you bought the product. Rover motor cars went bust over here a few decades ago and getting spares was a nightmare and car values went through the floor.
I dont think that's about to happen, just replying to your post.
- Harley is not keeping my bike going now...the only other Harleys I plan to own are a pan and a knuck...so them going out of business doesn't affect me..
- What the hell is a rover car?
.
Road Master
Joined: Mar 2018
Posts: 978
Likes: 423
From: UK
2. What's a Rover?! LOL. Culture chasm. They built cars for about 80+ years in the UK and were the last standing brand in the mass market UK owned car industry. The Group included Jaguar cars at one point, Austin, Morris, Leyland Trucks... Original manufacturer of Land Rovers and Range Rovers and they built the Mini (ever seen the film Italian Job?) plus some ropey saloon cars.
Say again, I think they'll be fine, but was making the point.
Last edited by Mart; May 4, 2020 at 03:36 PM.
Supporter
Joined: May 2010
Posts: 33,706
Likes: 136,211
From: SoCal
Harley stock gets another upgrade this morning. This analyst thinks the stock is in a good spot to move much higher.
"The busted motorcycle stock Harley-Davidson is only trading at about six times the per-share earnings Argus Research expects for the bike maker next year. So the venerable independent research shop upgraded Harley stock from a Hold to a Buy in a Tuesday morning note.
It says the shares, up 6.2% at $21.57 in mid morning, can rise to $30.
“Our upgrade reflects our positive view of the company’s new strategic plan,” wrote Argus analyst David Coleman. “We expect the plan, called ‘The Rewire,’ to result in a solid recovery for Harley as the economy restarts.”
Acting chief executive Jochen Zeitz announced the new strategy when the company reported its earnings for the March quarter at the end of April. A board member and former CEO of the sporting goods supplier Puma, Zeitz grabbed Harley’s handlebars in February.
Details of Harley’s Rewire strategy have been sketchy, but the moves echo other economies that the bike maker has announced, including salary cuts, hiring freezes, new product delays, and a dividend cut.
Sales at the company (ticker: HOG) have been in decline, but investors seem reassured that the company’s financials are sturdy.
Argus’s Coleman is prepared for the Covid-19 recession to chop Harley’s sales from their 2019 level of $4.6 billion, to $3.5 billion this year. He thinks earnings will drop from 2019’s $3.34 a share to $1.15.
But Coleman is confident that the “Hog”-maker’s fortunes will revive next year, with sales recovering to $4.1 billion and earnings at $3.35 a share. And Harley’s stock price is down more than 40% this year. At $20, the recent stock price was just six times that earnings number.
“We believe that the pullback provides risk-tolerant investors with a favorable entry point,” the Argus analyst said."
https://www.barrons.com/articles/har...ng-51588690077
"The busted motorcycle stock Harley-Davidson is only trading at about six times the per-share earnings Argus Research expects for the bike maker next year. So the venerable independent research shop upgraded Harley stock from a Hold to a Buy in a Tuesday morning note.
It says the shares, up 6.2% at $21.57 in mid morning, can rise to $30.
“Our upgrade reflects our positive view of the company’s new strategic plan,” wrote Argus analyst David Coleman. “We expect the plan, called ‘The Rewire,’ to result in a solid recovery for Harley as the economy restarts.”
Acting chief executive Jochen Zeitz announced the new strategy when the company reported its earnings for the March quarter at the end of April. A board member and former CEO of the sporting goods supplier Puma, Zeitz grabbed Harley’s handlebars in February.
Details of Harley’s Rewire strategy have been sketchy, but the moves echo other economies that the bike maker has announced, including salary cuts, hiring freezes, new product delays, and a dividend cut.
Sales at the company (ticker: HOG) have been in decline, but investors seem reassured that the company’s financials are sturdy.
Argus’s Coleman is prepared for the Covid-19 recession to chop Harley’s sales from their 2019 level of $4.6 billion, to $3.5 billion this year. He thinks earnings will drop from 2019’s $3.34 a share to $1.15.
But Coleman is confident that the “Hog”-maker’s fortunes will revive next year, with sales recovering to $4.1 billion and earnings at $3.35 a share. And Harley’s stock price is down more than 40% this year. At $20, the recent stock price was just six times that earnings number.
“We believe that the pullback provides risk-tolerant investors with a favorable entry point,” the Argus analyst said."
https://www.barrons.com/articles/har...ng-51588690077
Grand HDF Member
Joined: Aug 2013
Posts: 3,673
Likes: 5,069
From: Georgia
we all have various states of luck, I did own a few Ks in my twenty years but never kept any of them long enough to matter. Now I am thinking of going after a bike from of the two brands I have never owned that have good looking bikes, Ducati and Indian.
Seasoned HDF Member
Joined: Dec 2019
Posts: 5,276
Likes: 4,055
From: central Fl
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