Is this the end of Suhr????

[Doughboy]

Every time a quality high end company is bought out, the new owner always pushes for maximum profits & thus the quality is reduced ie. Parker guitars.

I love Suhr, but this scares me.

Time to stock up.

http://www.otcmarkets.com/stock/AVLP/news?id=107574

 

[squank]

Wow, I didn't see that coming. But I guess I shouldn't be surprised. John Suhr has built a company completely unique in a crowded field of boutique builders - amazing guitars AND amps AND pedals AND pickups. But JS has to think about his future, and a buyout makes sense for him.

I think the OP is right about the beginning of the end coming. The company buying Suhr describes themselves this way:

About Avalanche International Corp.

"...The Company has selected a mergers and acquisitions strategy as its primary growth driver for the foreseeable future leveraging the Wall Street and activist background of its Chairman along with the vast corporate integration and management talents of its President and CEO."

I think that translates into "We're going to do to Suhr what Peavey did to Budda."

 

[Doughboy]

Let's put it this way. Quality is not going to get better when you're bought out & the new buyer wants to get the initial investment back ASAP & continue to make a profit.

Parker used to be an amazing company & it is now a joke compared to their former years, pre buy out.

 

[yngzaklynch]

Mine current build is almost done. Looks like at least the same people are in place to see it through.

 

[Anonymous]

This is gonna be bad...

Steve

 

[Drkorey]

well..... shit

 

[Doughboy]

This is gonna be bad...

Steve

Yes indeed. VERY bad.

I wouldn't doubt a slew of Chinese Suhrs in the not too distant future.

 

[yngzaklynch]

Well for those that already own a Suhr it is probably great. Why? Look how much a pre factory PRS sells for

 

[lespaul6]

ouch..

 

[Doughboy]

Well for those that already own a Suhr it is probably great. Why? Look how much a pre factory PRS sells for

This is only good if you want to sell your old Suhrs.

If you love Suhr & want new ones, you're up shit creek.

 

[JerEvil]

Well HOPEFULLY folks with "built" Suhr guitars in stock aren't going to jack up their prices on current inventory.

 

[yngzaklynch]

Well HOPEFULLY folks with "built" Suhr guitars in stock aren't going to jack up their prices on current inventory.

My guess is thats exactly whats about to happen

 

[JerEvil]

Well HOPEFULLY folks with "built" Suhr guitars in stock aren't going to jack up their prices on current inventory.

My guess is thats exactly whats about to happen

The Mrs is looking at a couple of Classic T's for me for a birthday gift. Maybe she should by now...

 

[mniel8195]

I was told that John already had a bunch of investors in the company and did not own it 100% I could be wrong though.

 

[spliffsperlunk]

It saddens me to see a company/Name brand who has earned a positive reputation through producing solid quality products with great quality control and excellent customer service only to be drug through the mud by new owners whose only interest is a money grab via slapping the purchased brand on a cheapened product.

I know that may not be the case here but I've seen this happen so many times before.

 

[Badronald]

I'm no businessman or accountant, but I'm confused.

How do you buy a company for $11 million that has annual revenues of over $10 million?

Seems too low to me????

 

[Mixman]

I'm no businessman or accountant, but I'm confused.

How do you buy a company for $11 million that has annual revenues of over $10 million?

Seems too low to me????

They may have lots of expenses and this may be triggering the sale.

 

[controlled_voltage]

capitalism!
love it or leave it
wall street gives no fucks about your feelings

 

[Doughboy]

I'm no businessman or accountant, but I'm confused.

How do you buy a company for $11 million that has annual revenues of over $10 million?

Seems too low to me????

$10 million is sales doesn't mean $10 million in profits. Suhr is probably not making a lot of profit or losing money & therefore the shareholders forced the sale.

The $11 million selling price struck me as ungodly low.

 

[neilli]

$10 million is sales doesn't mean $10 million in profits. Suhr is probably not making a lot of profit or losing money & therefore the shareholders forced the sale.

The $11 million selling price struck me as ungodly low.

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