mainshiptom
Well-Known Member
This is a great read !
How much for a crown please?
Tom
How much for a crown please?
Tom
So whats up at Sunseeker
- Thread starter stelican
- Start date
Chris_Robb
Well-Known Member
The only safe way for you to go is to have a bank guarantee on your deposit. However if the liquidity is bad, you may not find anyone willing to back one.
In my view, it is far safer to buy a nearly new second hand boat - I know its not the same - but you know what you are getting. Again place your money through a solicitor and NOT a brokers client account. For this amount of money a solicitor who understands these things is essential.
Hurricane
Well-Known Member
Not entirely true though.
Most Princess/Fairline/Sunseekers are bought through a dealer and not directly with the factory.
In our case, there was a significant time period between the dealer receiving the boat and us taking delivery.
The bank guarantees then become difficult - it was only possible for us to get a guarantee up until the time that the builder delivered her to the dealer. From then on, we were in the hands of the dealer. A solution to this is to pay for the boat as soon as the dealer takes delivery and then ownership can becone yours. This isnt a bad solution really because (if you are dealing with a reputable dealer like wer were) any snags can be delt with and thought of, in a similar manner to any post purchase warranty.
BTW buying used isnt 100% safe either.
motayotty
Well-Known Member
Mr Bartholemew would be proud of that one. Was that a quote from a play what his friend wrote?
longjohnsilver
Well-Known Member
Could well have been, maybe written for Glenda whilst in bed together. Eric and Ern that is, not Ern and Glenda
motayotty
Well-Known Member
Which would be more normal nowadays. Glenda was great but I dont think they will ever beat the kitchen sketch.
Sorry about the drift but it is funnier than some of the other drivel!
longjohnsilver
Well-Known Member
No that was a real classic, as was when Eric looked out of the window on hearing a siren and said "they won't sell many ice creams going at that speed". Brilliant comedians.
Merlyn
Active Member
Frank Finlay: "I have a long felt want". I'm useless for at least 10 minutes everi zime I zink ob hit.
bigmoose
Well-Known Member
Hiya Bigmoose. Yes indeed - internet eh? Ever get that feeling you wish you'd never gone there? The question was, why the board changes at s/s? And I answered including a reference to a PAST liquidity concern, and went on to emphasise it was in the PAST, and that I categorically wasn't saying there are any liquidity issues NOW, and that I hadn't said there was a bankruptcy situation etc. And yet, people STILL think I'm saying s/s are somehow going bust. They're not!!
Toe stubbing incidents like liquidity sqeezes and board changes are just part of the rough and tumble of a business especially in this sector and this market, with multiple financing parties. Yes it is important not to blow it out of proportion. Indeed, Ferretti is a much more interesting case study than S/seeker, from the point of view of financials, restructuring, massive board changes to replace the CEO, etc. (But let's not go there today!)
Congrats on 115P! Gold paint?
i got what you are saying....obviously some didnt.
Nice post above to make things clearer for those who didnt get it the first time.
those close to the yard (distributors / direct factory customers etc) have been kept well in the loop and believe me there is absolutely no problem with SS.
It is as you have put "the rough and tumble of todays business"
tks...no not gold ..classic white will do me.
really enjoying the 92 and not getting too excited abt the 115 so as to shadow the 92 experience.
but lots of plannin already going into the 115 process.
Was to take the 92 to maldives this weekend..but some floatsam dinged the port prop and we cant get a drydock till wed to replace/repair it.
Maldives now planned first week feb to coincide with my 21st birthday.;-)
yankee1
Well-Known Member
profitseeker
Wow, lots of fun! Pleasant change from weather and fuel prices.
Let me try to summarize...
MD owns 80 pc of the company...
MD steps aside to spend more time with customers...
restructuring guy brought in by said MD and majority owner as chairman...(key word "restructuring")
new COperatingO...
board changes...
IMHO, an 80pc owner that is pretty worried about his equity and plans to spend his time calming customers until the new guys can figure it out.
Wow, lots of fun! Pleasant change from weather and fuel prices.
Let me try to summarize...
MD owns 80 pc of the company...
MD steps aside to spend more time with customers...
restructuring guy brought in by said MD and majority owner as chairman...(key word "restructuring")
new COperatingO...
board changes...
IMHO, an 80pc owner that is pretty worried about his equity and plans to spend his time calming customers until the new guys can figure it out.
alt
Well-Known Member
Bigmoose - Sorry to go off topic, but can't you just get a diver to take the prop off, rather than the hassle of dry-dock? Or do you want to inspect the hull incase there's more damage?
longjohnsilver
Well-Known Member
I'm a diver of many years and try and do most underwater jobs. The one exception is removing a prop, almost invariably will require either heat or external pressure (ie hydraulic or mechanical) to get it off. Even if you do manage it they tend to be pretty heavy so not easy to handle underwater.
bigmoose
Well-Known Member
we did think of that ...but getting a large prop off underwater is too ambitious IMHO.
the damage is not extreme ...we still use the boat but dont want to risk a 1500NM passage with a 3 bent blades.
all the dive inspections confirm no other damage but since we are doing a dry dock a quick wash and a lick of antifould will help in better fuel efficiency for our trip.
bigmoose
Well-Known Member
totally agree...would be almost impossbile to handle underwater.
SS were very good...they even sent us a new hydraulic puller hoping tht we could do the job underwater.
the puller is designed so the pack sits on the swin platform.
MapisM
Well-Known Member
If as you said previously you're heading towards Maldives, you might wish to fit also also a couple of M242...
PS: oops, I just realised, maybe you're not going there through Suez/Red Sea? That would be much more than 1.5k NM...
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strakeryrius
Well-Known Member
What a great thread! Having just ploughed through 170 odd posts of lunge and riposte, forthright exchanges of opinion and banter, mixed with rough jibe and wounded dignity there's one thing that just couldn't help pop into my mind all the way through.
With his demonstrated IT abilities, rough manner and carefully honed people management skills, how the hell did Westie34 build up a business that he could sell for upwards of 7 figures?
With his demonstrated IT abilities, rough manner and carefully honed people management skills, how the hell did Westie34 build up a business that he could sell for upwards of 7 figures?
sarabande
Well-Known Member
one understands that the aforementioned poster worked very hard and shrewdly with bricks and mortar as well as good soil.
No substitute for blisters and hard graft.
No substitute for blisters and hard graft.
Alistairr
Well-Known Member
With his demonstrated IT abilities, rough manner and carefully honed people management skills, how the hell did Westie34 build up a business that he could sell for upwards of 7 figures?
Westie34 was a Troll and has since been BANNED. I would also guess that there was NO business sold, thus not having a SS on order, but I could be wrong.
Cheers
Al.
MapisM
Well-Known Member
You could, but I bet you aren't.
It didn't take a magician to guess that he was talking bo11ocks from the very beginning - see my post #24.
Firefly625
Well-Known Member
....what a surprise, but it is always nice to dream for a bit, just don't do it on a forum!....However it made a spectacular post!... over 6000 views and a 170+ thread...... great stuff!
