petem's latest activity

  • petem
    petem reacted to PaulRainbow's post in the thread Sunseeker laying off staff with Like Like.
    Considering Sunseeker, Princess and Fairline have been losing millions for years, that's probably the biggest load of rubbish i've seen...
  • petem
    petem replied to the thread Fairline new owner?.
    The people who own Fairline and Fletcher aren't venture capitalists.
  • petem
    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...
  • petem
    petem replied to the thread Sunseeker laying off staff.
    Exactly this.
  • petem
    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...
  • petem
    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?
  • petem
    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...
  • petem
    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...
  • petem
    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...
  • petem
    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"?
  • petem
    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...
  • petem
    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...
  • petem
    petem replied to the thread Fairline new owner?.
    Toyota Landcruisers now cost £90k+
  • petem
    petem reacted to Sticky Fingers's post in the thread Sunseeker 68 predator with Like 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’...
  • petem
    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...
Top