bowers-sfc Posted 7 June, 2013 Share Posted 7 June, 2013 Slightly Saints related... http://www.dailymail.co.uk/news/article-2337333/Britains-largest-luxury-yachtmaker-Sunseeker-set-sold-Chinese-property-group-300m.html Link to comment Share on other sites More sharing options...
so22saint Posted 7 June, 2013 Share Posted 7 June, 2013 booo, my boat manufacturer has become MG Rover Link to comment Share on other sites More sharing options...
saintchris23 Posted 7 June, 2013 Share Posted 7 June, 2013 About time. They've been 'leaking' cash for years (excuse the pun) and been run by the bank for the last few years. Link to comment Share on other sites More sharing options...
DrZuess1979 the 2nd Posted 7 June, 2013 Share Posted 7 June, 2013 Thats Poole fecked then Link to comment Share on other sites More sharing options...
John Boy Saint Posted 7 June, 2013 Share Posted 7 June, 2013 I would imagine that the Chinese will keep Poole as being a recognised British prestige brand they will get a greater return out of keeping it so. Link to comment Share on other sites More sharing options...
Golden Balls Posted 8 June, 2013 Share Posted 8 June, 2013 It will "remain British" which I take as they will stay in Poole but not actually be British... Link to comment Share on other sites More sharing options...
Guy Posted 8 June, 2013 Share Posted 8 June, 2013 I can see them ending up knocking out the hulls and main superstructures in China and then doing the interiors and other customisation work in the UK. Link to comment Share on other sites More sharing options...
captainchris Posted 8 June, 2013 Share Posted 8 June, 2013 I can see them ending up knocking out the hulls and main superstructures in China and then doing the interiors and other customisation work in the UK. Probably. Sunserker were a run truly appallingly so they were lucky to get 300m! The Chines clearly bought the brand because the company was a joke.... Link to comment Share on other sites More sharing options...
kpturner Posted 9 June, 2013 Share Posted 9 June, 2013 Probably. Sunserker were a run truly appallingly so they were lucky to get 300m! The Chines clearly bought the brand because the company was a joke....You are Chinese aren't you? It is the only explanation for such a strange arrangement of poorly spelled words Either that or "fat fingers and iPhone" strikes again. Link to comment Share on other sites More sharing options...
so22saint Posted 9 June, 2013 Share Posted 9 June, 2013 I recently read somewhere about the chap sent in to turn (I think) Fairline boats around. He started by looking in the boatyard skip and he found 90 metres of very expensive cable of a particular type on a loom in the skip. He looked at the books and discovered that every boat needed 10m of this wire, so for every boat they ordered a 100m loom (minimum size), cut off 10m and binned it. I did make me wonder if wastage of this sort took place at companies like Saints (to try and make this Saints related). Link to comment Share on other sites More sharing options...
saintchris23 Posted 9 June, 2013 Share Posted 9 June, 2013 I recently read somewhere about the chap sent in to turn (I think) Fairline boats around. He started by looking in the boatyard skip and he found 90 metres of very expensive cable of a particular type on a loom in the skip. He looked at the books and discovered that every boat needed 10m of this wire, so for every boat they ordered a 100m loom (minimum size), cut off 10m and binned it. I did make me wonder if wastage of this sort took place at companies like Saints (to try and make this Saints related). Three years ago Sunseeker started a similar project and the wastage was phenomenal, so much so that they dedicated a whole team to utilise the waste created. Their problem is that Robert Braithwaite didn't run Sunseeker as normal company whilst it was family owned because all he wanted to do was build yachts without too much concern about making a massive profit. It's only when they became financially unstable due to the recession (Billionaires buy aluminium yachts, not GRP ones and millionaires were in the decline), that the banks started to take over. Their instalment plans were restrictive too because it was too heavily weighted to the final payment and therefore the buyers would wait until the weather was better before taking delivery of their yachts, hence why Poole Quay is literally like a taxi rank on a Saturday night! In the short-term, I can't see them moving anything to China, as Palmer Johnson found out - moving a business to another country (US to UK) doesn't always work out. The yachts are prestigious for a reason. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 9 June, 2013 Share Posted 9 June, 2013 I recently read somewhere about the chap sent in to turn (I think) Fairline boats around. He started by looking in the boatyard skip and he found 90 metres of very expensive cable of a particular type on a loom in the skip. He looked at the books and discovered that every boat needed 10m of this wire, so for every boat they ordered a 100m loom (minimum size), cut off 10m and binned it. I did make me wonder if wastage of this sort took place at companies like Saints (to try and make this Saints related). I think it was only 5m per boat, or was it £100 per reel? It's an important point though. Wasn't it an article about 'zombie' companies? Link to comment Share on other sites More sharing options...
david in sweden Posted 9 June, 2013 Share Posted 9 June, 2013 It will "remain British" which I take as they will stay in Poole but not actually be British... ...sounds like most of our football clubs - doesn't it? ......they " remain British" , but are not actually British-owned...... Link to comment Share on other sites More sharing options...
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