Beechcraft sold

Jim Burns wrote:
Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

That would make sense. If I had been asked to do the business analysis
on the purchase I would likely have classified it was a pretty large
risk investment in the long term. Not too likely that they'll be able
to compete in the new era.

-Robert

"Robert M. Gary" wrote in message
oups.com...

Jim Burns wrote:
Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

That would make sense. If I had been asked to do the business analysis
on the purchase I would likely have classified it was a pretty large
risk investment in the long term. Not too likely that they'll be able
to compete in the new era.


If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end. The best way to do this is to buy someone already in or close to
being in the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.

Gig 601XL Builder writes:

If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end. The best way to do this is to buy someone already in or close to
being in the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.

The objective is probably to dismantle and liquidate the company.

--
Transpose mxsmanic and gmail to reach me by e-mail.

Mxsmanic wrote:


The objective is probably to dismantle and liquidate the company.

You're an idiot. Why would someone spend all that money to liquidate
the company? They've already spent many, many times what the company
assets are worth buying it.

Newps wrote:
Mxsmanic wrote:


The objective is probably to dismantle and liquidate the company.

You're an idiot. Why would someone spend all that money to liquidate
the company? They've already spent many, many times what the company
assets are worth buying it.

I don't know that to be true, is it? How many times earnings did it
sell for? Does anyone know earnings? Perhaps they were bought for the
dividend value of parts.

The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something. With the King Air line up, it would have been
a shoe in to get attention by offering a jet. I tend to agree with
others that its likely too late at this point. Probably just another
example of a company that found a winning formula 30 years ago and
never had the courage to change with the times. We see it all the time,
companies run into the ground because they are afraid of change.

-Robert

"Robert M. Gary" wrote in message
ups.com...

Newps wrote:
Mxsmanic wrote:


The objective is probably to dismantle and liquidate the company.

You're an idiot. Why would someone spend all that money to liquidate
the company? They've already spent many, many times what the company
assets are worth buying it.

I don't know that to be true, is it? How many times earnings did it
sell for? Does anyone know earnings? Perhaps they were bought for the
dividend value of parts.

The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something. With the King Air line up, it would have been
a shoe in to get attention by offering a jet. I tend to agree with
others that its likely too late at this point. Probably just another
example of a company that found a winning formula 30 years ago and
never had the courage to change with the times. We see it all the time,
companies run into the ground because they are afraid of change.

-Robert

They had a rather bad exsperience with the Starship.

Peter

Robert M. Gary wrote:
Newps wrote:

Mxsmanic wrote:


The objective is probably to dismantle and liquidate the company.

You're an idiot. Why would someone spend all that money to liquidate
the company? They've already spent many, many times what the company
assets are worth buying it.


I don't know that to be true, is it? How many times earnings did it
sell for? Does anyone know earnings? Perhaps they were bought for the
dividend value of parts.

It's a myth that any company is bought to simply liquidate it. Doesn't
happen. Never makes financial sense. What the buyer may do is sell the
units that are not core to the business. So take Raytheon as an
example. Is Beech a core business for them or does it simply drain
company resources?



The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something.



Hello? Beech has had a jet for a long time. Or did you mean a newer
jet design?

Newps writes:

It's a myth that any company is bought to simply liquidate it.

It happens every day.

Companies like Onex just want to make money. They don't care how they
do it. They have no personal attachment to their acquisitions.
Either those acquisition start to generate high returns over the short
term, or they are taken apart and sold.

Never makes financial sense.

Unfortunately it often does. It just doesn't make any other kind of
sense. But money is often all that matters.

What the buyer may do is sell the units that are not core to the
business.

That's just a euphemism for what really happens.

--
Transpose mxsmanic and gmail to reach me by e-mail.

Newps wrote:
Robert M. Gary wrote:
It's a myth that any company is bought to simply liquidate it. Doesn't
happen. Never makes financial sense. What the buyer may do is sell the
units that are not core to the business. So take Raytheon as an
example. Is Beech a core business for them or does it simply drain
company resources?

It does, but not with companies large enough to understand finance. I
never implied they bought it to liquidate it, I suggested they may have
bought it for the dividend value of parts.



The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something.



Hello? Beech has had a jet for a long time. Or did you mean a newer
jet design?

Light Jet to compete with all the Baron and King Air sales they will
lose.

-Robert

"Robert M. Gary" wrote in message
ups.com...

Newps wrote:
Mxsmanic wrote:


The objective is probably to dismantle and liquidate the company.

You're an idiot. Why would someone spend all that money to liquidate
the company? They've already spent many, many times what the company
assets are worth buying it.

I don't know that to be true, is it? How many times earnings did it
sell for? Does anyone know earnings? Perhaps they were bought for the
dividend value of parts.

The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something. With the King Air line up, it would have been
a shoe in to get attention by offering a jet. I tend to agree with
others that its likely too late at this point. Probably just another
example of a company that found a winning formula 30 years ago and
never had the courage to change with the times. We see it all the time,
companies run into the ground because they are afraid of change.

-Robert

I dont know if you had your choice would you take a new A36 or a SR22. I
know I would take the A36.
The planes are not outdated the outdating is the price. Maybe the new
company can fix that.