Archer cashing out?

[D.R.T.]

Originally Posted by GTRMagic

What noise? All I read are 2 articles saying nothing is happening, and not even bothering in one of them to quote a V8SC representative on the record.

Keep plotting the demise... its your well ground axe after all..

Awfully defensive there GTR?

3 separate publications running stories on the subject but yet we want to bury our heads in the sand.

Your expectation of direct quotes from organisations involved - is this a requirement for all threads now or just this one?

[GTRMagic]

Originally Posted by D.R.T.

Awfully defensive there GTR?

3 separate publications running stories on the subject but yet we want to bury our heads in the sand.

Your expectation of direct quotes from organisations involved - is this a requirement for all threads now or just this one?

You and your fellow doomsdayers are predicting that the sky is falling.
With nothing to base it on other than denials of stories that from face value appear to have no base other than hope.

Private equiteers are not usually ones for telling the world they are selling, until such time that they have selected their stalking horse. None appear to be in the mix, no organisation has been directly linked to a takeover, while the usual guff about the teams buying back the farm isn't being trotted out either.

You might just be surprised at plans to parlay other sporting assets with V8SC in the near future. Another private equity proposition to create additional value before a any purported sale...

Or not.

Sounds too hard. Lets stick with the "Sky is Falling" mantra

[Axeman444]

I'm well and truly on the fence on this topic with splinters firmly embedded in my backside, however it must be noted that of the 3 publications to have run the story, 2 of them are likely only to have run it because 1 or both of the others already have.

[Casper]

Originally Posted by GTRMagic

You might just be surprised at plans to parlay other sporting assets with V8SC in the near future. Another private equity proposition to create additional value before a any purported sale...

Or not.

Sounds too hard. Lets stick with the "Sky is Falling" mantra

Here we go again, Mr GTR pretending he knows more than anyone else.

[D.R.T.]

Originally Posted by GTRMagic

You and your fellow doomsdayers are predicting that the sky is falling.
With nothing to base it on other than denials of stories that from face value appear to have no base other than hope.

Sounds too hard. Lets stick with the "Sky is Falling" mantra

Who is predicting the sky is falling? Arent we talking about a potential sale only?

I ask again GTR - why so defensive?

[GTRMagic]

Originally Posted by Casper

Here we go again, Mr GTR pretending he knows more than anyone else.

Eh?

V8SC already took on the B12H
Chasing AGT category management
Took on V8Utes category management

And other category management deals under consideration

Can you not see what is immediately in front of you?

[anthony81901]

If something was afoot, unlikely that V8SC would come out and say: fair cop you're onto something. The rubbishing of reports is just the standard method organisations respond whenever these stories appear regardless of the validity. The only way we would likely know beforehand, was if Archer were required by ASX or ASIC rules to confirm or deny the rumours. As they haven't, either there is nothing to report or there structure does not require them to.

Either way don't think it is the beginning of the end as some believe/hope, but nonetheless if an equity partner does bail, given that they are probably doing so when they feel their return on investment has or is about to peak, is noteworthy.

[Casper]

Originally Posted by GTRMagic

Eh?

V8SC already took on the B12H
Chasing AGT category management
Took on V8Utes category management

And other category management deals under consideration

Can you not see what is immediately in front of you?

Why try and pretend you know something others don't...but you have always done that, powder room this and powder room that.

[one five five]

Originally Posted by GTRMagic

Eh?

V8SC already took on the B12H
Chasing AGT category management
Took on V8Utes category management

And other category management deals under consideration

Can you not see what is immediately in front of you?

What are the other category management deals under consideration?

Tony Quinn has repeatedly stated that AGT is not for sale.

I see what you are getting at though, and these deals definitely add some value to the business from a sale perspective (The 12hr & the V8Utes category management...although they sort of took that one on because they had to, the class would'nt have survived)

Can we perhaps get back to some sensible converation instead of blaming DRT and his axe or inflammatory comments like "Won't matter anyway.. V8SC is clearly failing and about to cease to exist"

It is not the minority of posters worried about the current direction of V8Supercars, just look at other V8Supercar forums, the V8SC Fb page itself, the likes of Speedcafe & Auto Action Fb pages etc...

[Mixer]

Originally Posted by anthony81901

If something was afoot, unlikely that V8SC would come out and say: fair cop you're onto something. The rubbishing of reports is just the standard method organisations respond whenever these stories appear regardless of the validity. The only way we would likely know beforehand, was if Archer were required by ASX or ASIC rules to confirm or deny the rumours. As they haven't, either there is nothing to report or there structure does not require them to.

The press needs stuff to print... How many Warburton to leave stories have we had in the last 3 years? The guy has lunch with someone and next thing he's leaving...

AA has had more "scoops" that never were than an invisible ice cream shop.

Even so... I run my business and occasionally I change arrangements with one supplier or another, including banks... So I'm not even sure that seeking refinancing is a sign of a pending sale.

You would say though despite the doom and gloom, the Foxtel deal is stable and lucrative, Penske have joined and are not fooling around, the B12hr is a growing and popular event, I think V8Supercars is probably in better shape than it has been in a while, so maybe it is time.

[D.R.T.]

Originally Posted by Mixer

You would say though despite the doom and gloom, the Foxtel deal is stable and lucrative, Penske have joined and are not fooling around, the B12hr is a growing and popular event, I think V8Supercars is probably in better shape than it has been in a while, so maybe it is time.

Would it sell for what they bought it for though?

Add in being dumped by the NSW Government and a shaky upcoming Malaysian deal, instability amongst Gen2 and manufacturer renewal and its not all plain sailing.

[thetormentor]

A new naming rights sponsor soon, a new series sponsor announced in red Rooster, why is the series heading for doom?

On a side note, the NSW Government haven't dumped V8s, they still have a few years left on the contract, just not at Homebush

[GtiMagic]

Originally Posted by D.R.T.

Would it sell for what they bought it for though?

Add in being dumped by the NSW Government and a shaky upcoming Malaysian deal, instability amongst Gen2 and manufacturer renewal and its not all plain sailing.

D.R.T let me be straight from the outset. I'm not attacking the poster. I'm genuinely wanting to know how you find the time and the desire to log in to ten-tenths each and every day and heap a tonne of negativity on the place? I genuinely feel sorry for you that your life has taken the turn it has where your satisfaction can be derived from a constant outpouring of vitriol against a sporting product which, in the grand scheme of life, has very very little importance.

It's 21 degrees in Sydney today, only partly cloudy and with a slight wind. Why don't you take nice walk to your nearest Red Rooster, buy a chicken and sit down and enjoy a simple pleasure.

[peckstar]

I guess Archer have just increased the sale price. good on them

[Compromised]

Originally Posted by peckstar

I guess Archer have just increased the sale price. good on them

Wouldn't that depend on how much they sold the title rights for?

[GTRMagic]

Originally Posted by Compromised

Wouldn't that depend on how much they sold the title rights for?

Actually, not necessarily.

If there is currently no income from that stream because there is no title sponsor in place right now, and presuming the sponsorship deal more than covers the cost of the placement, then it is income upside for the category that was not (is not until July) in place right now.

[D.R.T.]

Originally Posted by thetormentor

On a side note, the NSW Government haven't dumped V8s, they still have a few years left on the contract, just not at Homebush

This article suggests the contract was extended until 2016.

http://www.foxsports.com.au/motorspo...-1226716422734

Originally Posted by GtiMagic

D.R.T let me be straight from the outset. I'm not attacking the poster. I'm genuinely wanting to know how you find the time and the desire to log in to ten-tenths each and every day and heap a tonne of negativity on the place? I genuinely feel sorry for you that your life has taken the turn it has where your satisfaction can be derived from a constant outpouring of vitriol against a sporting product which, in the grand scheme of life, has very very little importance.

It's 21 degrees in Sydney today, only partly cloudy and with a slight wind. Why don't you take nice walk to your nearest Red Rooster, buy a chicken and sit down and enjoy a simple pleasure.

Thanks mate - the time you have taken out of your day to write the above really puts things into perspective.

In terms of my previous post - which aspects of the post were factually incorrect and 'heaped a tonne of negativity' that hadnt already been discussed in public?

Why so defensive of discussion that is surrounding V8SC at the current time?

[one five five]

Originally Posted by D.R.T.

Why so defensive of discussion that is surrounding V8SC at the current time?

Because some posters around here seem to want is place to be an "appreciation society" for the V8Supercar category management, rather than a discussion forum for fans to talk about their current feelings towards the categories.

These same posters are happy to speculate on the future of drivers, team staff & a certain permanent circuit, but are amazingly silent when it comes to any speculation on the series itself or trouble with any of their 'marquee events'.......

[Mixer]

Originally Posted by D.R.T.

Would it sell for what they bought it for though?

Why does it matter?

If you own an asset and pull a whole bunch of money out of it while you own it, does the purchase price vs the sell price matter that much?

Surely the net profit vs net loss is the ultimate aim.

Your seeking the glass half full out of everything is getting old.

[D.R.T.]

Originally Posted by Mixer

Why does it matter?

Is this not a common and standard comparison? Look at business or real estate for further examples

Isn't this also an indication of the current value of the product?

Originally Posted by Mixer

If you own an asset and pull a whole bunch of money out of it while you own it, does the purchase price vs the sell price matter that much?

Surely the net profit vs net loss is the ultimate aim.

Yes 100%. Provided you have made and subsequently pulled out enough money to cover the difference.

Originally Posted by Mixer

Your seeking the glass half full out of everything is getting old.

Equally the defensiveness and rose tinted glasses is tiring