Rose Island 43 Lobster project

[PowerYachtBlog]

an exclusive preview here from PowerYachtBlog

seems the serious family owned builders / small medium sized companies are more healthy to the big corporations in this downturn, or am I missing something

 

[goochie]

I hope you are. I guess that many of the smaller builders who are in smaller premises that they have historically owned for some time will be much less in hock to the banks than some of the bigger corps / VC owned firms that have huge loan repayments to meet.

 

[goochie]

Sorry - that should read 'I hope you are right'

 

[PowerYachtBlog]

yeah I agree
the other bonus is that many small builders where happy to sell 10 or 20 boats a year unlike the hundreds which most big brands and corporations need to sell because of there extra expenses

 

[Deleted User YDKXO]

As goochie says, I think it is entirely down to the financial structure of the company. If they are loaded with debts, big or small, they are a candidate for failure. If they are cash positive, they have a chance to survive and maybe prosper if the market comes back