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petem's latest activity
petem
reacted to
PaulRainbow's post
in the thread
Sunseeker laying off staff
with
Like
.
Considering Sunseeker, Princess and Fairline have been losing millions for years, that's probably the biggest load of rubbish i've seen...
1 Jan 2025
petem
replied to the thread
Fairline new owner?
.
The people who own Fairline and Fletcher aren't venture capitalists.
28 Dec 2024
petem
replied to the thread
Fairline new owner?
.
I don't think that what you've quoted says anything about what money has been invested into the business. When you say "All these...
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
Exactly this.
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
The previous owners of Fairline invested £millions in new models. And I believe that during their ownership they actually increased the...
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
What makes you think they're vultures either, rather then people who think they can invest in the business and turn it around?
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
Exactly. I'm reminded of Trader when they built their boats in China, the quality was abysmal. And if I remember correctly, Pearl...
28 Dec 2024
petem
replied to the thread
Fairline new owner?
.
Everything has become so expensive; engines, resin, labour, marketing (boat shows, web sites, etc), transport. And the amount of tech...
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
Fairline tried that a few years ago. To give you an example, they had an automated varnishing machine. The equipment cost them a fortune...
28 Dec 2024
petem
replied to the thread
Sunseeker laying off staff
.
The owners of Sunseeker have been pouring money into the business for years. How is that being a "vulture"?
28 Dec 2024
petem
replied to the thread
Fairline new owner?
.
Do you have any examples of these "value strippers" who have paid shareholders? The ones who have owned Fairline, Princess or Sunseeker...
28 Dec 2024
petem
replied to the thread
Gas to Electric and reto fitting Fairline Targa
.
Hiya Jon. The old gas ovens had a 240v supply for the ignition so we used that for the microwave that we fitted. I don't know if the...
24 Dec 2024
petem
replied to the thread
Fairline new owner?
.
Toyota Landcruisers now cost £90k+
23 Dec 2024
petem
reacted to
Sticky Fingers's post
in the thread
Sunseeker 68 predator
with
Like
.
He did. …. ‘anywhere between 20 and 25 kts, all boats of that size with will burn around 11 liters per nautical mile, give or take’...
23 Dec 2024
petem
replied to the thread
Fairline new owner?
.
Nope and that is effectively the worst case scenario for Fairline. But the last time the new owners of Fairline were involved (Wessex...
23 Dec 2024
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