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Author Topic: HOG Drops 5.79% to Post-Recession Low  (Read 3617 times)

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J.D.

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HOG Drops 5.79% to Post-Recession Low
« on: March 06, 2020, 06:31:20 PM »

26.19 at close.

Sad.
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iski

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #1 on: March 07, 2020, 02:42:16 AM »

Harley stock was fun to own in the 1990s & early 2000s.  Last time I owned any was 20 or so years ago.  Now it is indeed sad.
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J.D.

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #2 on: March 09, 2020, 05:43:48 PM »

Another blood bath for HOG today dropping another 10%  to 23-1/2.
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scottt

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #3 on: March 09, 2020, 09:56:35 PM »

Hope Harley is able to buy back stock at this price. In my humble opinion, Harley needs to become a private company and stop trying to make stockholders happy at the expense of there business and customers. Harley needs a big picture long term plan.

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mark

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #4 on: March 10, 2020, 08:47:37 AM »

Hope Harley is able to buy back stock at this price. In my humble opinion, Harley needs to become a private company and stop trying to make stockholders happy at the expense of there business and customers. Harley needs a big picture long term plan.

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I agree on the private company aspect, but they need to develop new customers...how to do that, I don’t know (I do have a solution, but HD won’t like it).  The boomers are only going to be buying for a few more years, after that, HD will only have the generations that aren’t riding to try to sell to.
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RoadTrip

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #5 on: March 10, 2020, 09:18:20 AM »

The days of large family-owned private companies is long gone. And I doubt anyone in the Harley or Davidson families has the scratch to pull it off.

These days, “going private” usually means private equity (PE). In my experience, PE firms are harder on companies than public shareholders, as they load-up the company on debt and then sell-off key assets and lay-off employees to meet the increased cash flow demands.

Look for a merge or acquisition in the not-so-distant future.
« Last Edit: March 10, 2020, 04:45:04 PM by RoadTrip »
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iski

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #6 on: March 10, 2020, 01:00:46 PM »

The days of large family-owned private companies is long gone. And I doubt anyone in the Harley or Davidson families has the scratch to pull it off.

These days, “going private” usually means private equity (PE). In my experience, PE firms are harder on companies than public shareholders, as they load-up the company on debt and then sell-off key assets and lay-off employees to meet the increased cash flow demands.

Look for a merge or acquisition in the not-so-distantfuture.

HOG has been on that trajectory for several years now.  The window of opportunity to turn that around has basically closed and they had several years to work on it.  Not pleased about any of this, am figuring a foreign buyer (in the next few years if not sooner) & then it's anybody's guess what happens.  Better if a US buyer takes over but mostly because of geography.
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RivRaptor

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #7 on: March 10, 2020, 01:47:37 PM »

I don't think its as much to blame on Boomer's as it seems.  I'm 55 and born in the crossover year between Boomer's & Gen X and I have at least 20+ years of riding and buying left.  I see Price, Quality & Features as the main reason people aren't buying.  A couple of those reasons are responsible for myself and some friends for not buying in the last year alone!  The realization is it will survive.....but its never gonna be what it was.  The stock price is a CEO's & top management's report card, as I see it their not passing and putting another team member in charge isn't gonna help.
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Eqcons

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #8 on: March 10, 2020, 02:24:21 PM »

I don't think its as much to blame on Boomer's as it seems.  .... I see Price, Quality & Features as the main reason people aren't buying.  A couple of those reasons are responsible for myself and some friends for not buying in the last year alone!  ......

I couldn't agree more.
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scottt

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #9 on: March 10, 2020, 03:04:01 PM »

I don't think its as much to blame on Boomer's as it seems.  I'm 55 and born in the crossover year between Boomer's & Gen X and I have at least 20+ years of riding and buying left.  I see Price, Quality & Features as the main reason people aren't buying.  A couple of those reasons are responsible for myself and some friends for not buying in the last year alone!  The realization is it will survive.....but its never gonna be what it was.  The stock price is a CEO's & top management's report card, as I see it their not passing and putting another team member in charge isn't gonna help.
Sadly I agree.

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muddypaws

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #10 on: March 10, 2020, 03:34:04 PM »

I'm at Daytona Bike Week and it was hard to find the display for Harley. Any farther down the track and they would be out in the  street.
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Bill

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #11 on: March 11, 2020, 02:54:52 AM »

I'm at Daytona Bike Week and it was hard to find the display for Harley. Any farther down the track and they would be out in the  street.
How sad!
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FLSTFI Dave

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #12 on: March 11, 2020, 08:39:05 AM »

I don't think its as much to blame on Boomer's as it seems.  I'm 55 and born in the crossover year between Boomer's & Gen X and I have at least 20+ years of riding and buying left.  I see Price, Quality & Features as the main reason people aren't buying.  A couple of those reasons are responsible for myself and some friends for not buying in the last year alone!  The realization is it will survive.....but its never gonna be what it was.  The stock price is a CEO's & top management's report card, as I see it their not passing and putting another team member in charge isn't gonna help.

I agree, I just turned 57 and have many years of riding left as do lots of my friends.  For us the huge drop on quality is the biggest reason for not wanting to buy Harley.  This is closely followed by price increases with the included content dropping, pay more and get less.

I'm on my 7th new CVO since 2009.  Quality on the 19 is very poor at best.  I have had more front brake rotors replaced on this 19 than the other 6 bikes together under warranty.  In fact they are checking rotors again now, this will be thirds set in 20K miles that have warped.  Seat has been replaced due to wear, left side control module, fork legs, shifter levers, speedometer, saddle bag lid due to paint flacking off, and no maybe the BCM as head unit volume still does not work.

I have very few issues at all with my 09.  Same with my 12 Skunk, but after that each bike had more issues than the last.

Sad to say there several motorcycles out there that give you more for less money.  Cant speak to long term quality of them.
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mark

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #13 on: March 11, 2020, 08:44:04 AM »

I'm at Daytona Bike Week and it was hard to find the display for Harley. Any farther down the track and they would be out in the  street.
I noticed that too...the HD tent was at the far end, which didn’t seem to be a premium spot.  Actually, they seems to have the worse spot at the speedway. 
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J.D.

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Re: HOG Drops 5.79% to Post-Recession Low
« Reply #14 on: March 11, 2020, 06:49:48 PM »

Another 8-3/4% drop today to close at 23.07.

Almost attractive enough to buy.  Not quite.  I think 18 is my buy number.
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