Beechcraft sold

Mxsmanic wrote:
...
First you milk the company for all its worth, then you carefully cut
it into pieces and sell it for prices that give you a substantial
return on your initial investment.


Ignoramus. First, you look up the net book value of Beechcraft's
assets and compare to $3 billion. E.g., Textron (only a fraction
of whose total business is GA aircraft including Cessna and its
jets) is only $3B at book. Were Beechcraft's aged plants to be
sold off netting relatively little, all that's left are the type
certificates, which alone can't be worth near $3B. The value of
this kind of business is as a going concern, and then look at the
historical GAMA shipment #'s and see their competition problems
on these old designs.

Now you're an expert also on business/finance, but admitting to
making only $647/month.

F--

Actually Beech has many new, state of the art plants and
composite robots for production work. They build a lot of
parts for the big iron makers. Their old plants are well
used. But if you look at just the BEC airport/plant complex
you'll see that there are more new buildings than old.



Raytheon Aircraft Company
Beechcraft Premier IA ... 08/03/2006 -, Guardian LP
Services Places Order for Nine Beechcraft Premier IAs. .
08/03/2006 -, Hawker 850XP to Tour South ...
www.raytheonaircraft.com/ - 16k - Cached - Similar
pages
Beechcraft - www.raytheonaircraft.com/beechcraft/
Hawker - www.raytheonaircraft.com/hawker/
Pre-Owned Aircraft - www.raytheonaircraft.com/resale/
Charter -
http://www.raytheonaircraft.com/.../...overview.shtml
More results from www.raytheonaircraft.com »

Beechcraft Home
More than 70 years ago, Walter and Olive Ann Beech
founded Beech Aircraft ... Services Obtains STC for
Auxiliary Ground Heat on Beechcraft Premier I/IA ...
www.raytheonaircraft.com/beechcraft/ - 11k - Cached -
Similar pages

"TxSrv" wrote in message
. ..
| Mxsmanic wrote:
| ...
| First you milk the company for all its worth, then you
carefully cut
| it into pieces and sell it for prices that give you a
substantial
| return on your initial investment.
|
|
| Ignoramus. First, you look up the net book value of
Beechcraft's
| assets and compare to $3 billion. E.g., Textron (only a
fraction
| of whose total business is GA aircraft including Cessna
and its
| jets) is only $3B at book. Were Beechcraft's aged plants
to be
| sold off netting relatively little, all that's left are
the type
| certificates, which alone can't be worth near $3B. The
value of
| this kind of business is as a going concern, and then look
at the
| historical GAMA shipment #'s and see their competition
problems
| on these old designs.
|
| Now you're an expert also on business/finance, but
admitting to
| making only $647/month.
|
| F--

Jim Macklin wrote:
Actually Beech has many new, state of the art plants and
composite robots for production work. They build a lot of
parts for the big iron makers. Their old plants are well
used. But if you look at just the BEC airport/plant complex
you'll see that there are more new buildings than old.


Except Raytheon's Annual Report says that a very % of their
manufacturing square footage is leased, so few buildings to sell,
except liquidate the stuff inside, which will bring a fraction of
cost. I was thus responding to someone's grandiose assumption
that the investors paid $3.3 billion cash for their entire
Aircraft Division just to be able to soon liquidate the hard
assets plus the type certificates/goodwill of always uncertain
future value.

F--

Beech owns the buildings on the property they own. They do
lease space on the Salina airport and other locations.



"TxSrv" wrote in message
. ..
| Jim Macklin wrote:
| Actually Beech has many new, state of the art plants and
| composite robots for production work. They build a lot
of
| parts for the big iron makers. Their old plants are
well
| used. But if you look at just the BEC airport/plant
complex
| you'll see that there are more new buildings than old.
|
|
| Except Raytheon's Annual Report says that a very % of
their
| manufacturing square footage is leased, so few buildings
to sell,
| except liquidate the stuff inside, which will bring a
fraction of
| cost. I was thus responding to someone's grandiose
assumption
| that the investors paid $3.3 billion cash for their entire
| Aircraft Division just to be able to soon liquidate the
hard
| assets plus the type certificates/goodwill of always
uncertain
| future value.
|
| F--