All Harley Doom and Gloom Posts Mega Thread
Club Member
Joined: Dec 2014
Posts: 20,424
Likes: 24,217
From: WetCoast
Bullshit.... not a first world problem if you where planning on retiring in a few years... and not a first world problem if there are five family's who count on your business, who wont have a job if you are forced to close up shop, who would then be forced to eat up their investments just to feed their family's ... your response would be what I would expect from a youngen who works for other folks.
Stellar HDF Member
Joined: Jan 2007
Posts: 2,627
Likes: 1,348
From:
To add to this, though many companies will report a loss this quarter, there are companies who have, until this pandemic, done OK to well to very well and have a stellar reputation within their sector and make products that people need. As for Harley, ???
Grand HDF Member
Joined: Nov 2009
Posts: 4,315
Likes: 1,663
From: Tampa
Exactly! Even Google and Amazon are down in this economy, what does that tell you? It's not like HOG was a stellar performer as of recent, this Covid-19 bullshit is just the last nail in the coffin.
Tourer
Joined: Feb 2019
Posts: 441
Likes: 186
From: Creek
Hog stock hasnt done anything but drop. I get it people like there bikes. However as an investment its foolish. If someone wants to be cool and say I bought thier stock, save your money and buy a shirt. You will get more use out of it. Its crazy to me that people will bike a position in a company without a future. The stock has done nothing but drop in the last three years, the ceo left, they are a luxury item in a luxury market, they are over priced. Why in the world would anyone think its a good idea to buy stock in HOG? There is absolutely no reason to do it besides trying to be cool. If you are throwing money away buying crappy Harley stock you got way more money than brains.Factor in unemployment and its a recipe for disaster. Please someone tell me why you would invest money in HOG the point of investing is to get a return on investment.There are blue chip tried and true companies on sale right now that have potential to make someone vast amounts of money.
Last edited by Herbherb; Apr 26, 2020 at 07:51 PM.
Seasoned HDF Member
Joined: Aug 2017
Posts: 7,539
Likes: 12,183
From: Indianapolis
Not wanting to argue but, I was under the impression that even taking into account any loss of market share or total number of bikes produced, Harley Davidson remains a profitable company. Maybe not at the level they once were, but they aren't operating in the red.
Grand HDF Member
Joined: Nov 2009
Posts: 4,315
Likes: 1,663
From: Tampa
Losses of what?
Not wanting to argue but, I was under the impression that even taking into account any loss of market share or total number of bikes produced, Harley Davidson remains a profitable company. Maybe not at the level they once were, but they aren't operating in the red.
Not wanting to argue but, I was under the impression that even taking into account any loss of market share or total number of bikes produced, Harley Davidson remains a profitable company. Maybe not at the level they once were, but they aren't operating in the red.
It's not rocket surgery. If a manufacturer doesn't increase its sales, its stock drops. This is Wall St. 101.
Whether or not Harley's profitable is up for discussion, simply by defining "profitable". Based on their share price, no, it's not profitable. But do they stay out of the red? Ask their accountants because dropping stock prices don't always mean a company is profitable. Neither does EPS, or YOY revenues... You really gotta dig deep into the financials to see if a company is profitable.
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Seasoned HDF Member
Joined: Aug 2017
Posts: 7,539
Likes: 12,183
From: Indianapolis
What Is Profit?
Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. Any profits earned funnel back to business owners, who choose to either pocket the cash or reinvest it back into the business. Profit is calculated as total revenue less total expenses.THIS is the definition I use to describe a 'profitable' business. IMO, if current investors or potential future investors feel a company is profitable enough in their opinion to justify investing money in them is another thing.
Let's hope the new line of bikes Harley has coming out can turn the tide so to speak.
Thread Starter
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Grand HDF Member
Joined: Jul 2013
Posts: 4,752
Likes: 3,272
From: West Central Florida
i posted a news article. Nobody asked you to post. Put me on ignore idiot.
