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24 Oct 2018, 20:07 (Ref:3858962) | #1 | ||
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Whincup Buys Into 888RE..
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Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
24 Oct 2018, 20:53 (Ref:3858972) | #2 | ||
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Planning for his future, good on him
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I reserve the right to arm bears |
25 Oct 2018, 01:50 (Ref:3859010) | #3 | ||
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Smells like vendor financing to me.
A great way in for Jamie and an eye on the out-door for RD. |
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Punters Beer Fest. Indy 02, Clipsal 03, Winton 04, Paperclip 05, Darwin 06, Oran Park 07, Phillip Island 08, Sandown 09, Townsville 10, Symmons 11, Eastern Creek 12, Winton 13. Townsville 14. Paperclip 15, Sandown 16, Symmons 17, PI 18, The Bend 19 |
25 Oct 2018, 02:50 (Ref:3859014) | #4 | |||
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Quote:
Funny thing is, a race team that runs anything but unilaterally, with a single point of control, sometimes does not work effectively... |
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Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
25 Oct 2018, 03:54 (Ref:3859020) | #5 | ||
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As they say, the most effective committee has only one member...
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Punters Beer Fest. Indy 02, Clipsal 03, Winton 04, Paperclip 05, Darwin 06, Oran Park 07, Phillip Island 08, Sandown 09, Townsville 10, Symmons 11, Eastern Creek 12, Winton 13. Townsville 14. Paperclip 15, Sandown 16, Symmons 17, PI 18, The Bend 19 |
25 Oct 2018, 07:09 (Ref:3859032) | #6 | ||
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15% is not a controlling stake, GTR.
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25 Oct 2018, 08:10 (Ref:3859050) | #7 | |
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Contrary to the misguided uproar in the social media, it's not really a big deal.
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25 Oct 2018, 09:00 (Ref:3859056) | #8 | |
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Does Roland just deduct some of JW's salary so the payment can be made?
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25 Oct 2018, 09:01 (Ref:3859057) | #9 | ||
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Trinette Schipkie appears to have divested her shareholding in 888RE at some stage.
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banksie!!! |
26 Oct 2018, 00:51 (Ref:3859214) | #10 | ||
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more torque than a climate change conference |
26 Oct 2018, 04:18 (Ref:3859243) | #11 | ||
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In the words of the Great Forrest Gump: I'm not a smart man, but at least I know where the Dog on the Tuckerbox is |
26 Oct 2018, 12:01 (Ref:3859267) | #12 | ||
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Quote:
https://www.insolvencynotices.com.au...525d55a1627f6d |
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26 Oct 2018, 12:23 (Ref:3859277) | #13 | |||
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Quote:
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26 Oct 2018, 23:02 (Ref:3859367) | #14 | |
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Could this possibly be interpreted as Roland being short of cash?
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26 Oct 2018, 23:31 (Ref:3859371) | #15 | |
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Or perhaps freeing up some capital to do something else?
I highly doubt he's running out of money. He's not that silly. |
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27 Oct 2018, 02:35 (Ref:3859386) | #16 | ||
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I think he is setting up more a line of succession. He knows he cant go on forever, so get someone in and mould them.
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28 Oct 2018, 00:23 (Ref:3859527) | #17 | ||
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There seems to be some housekeeping going on at 888RE, the sale of the #888 ZB to MSR/JRR, the imminent sale of the Sandman panel van, plus noise that the ‘06 Lowndes/Whincup Bathurst winning Falcon may have been sold.. suggests redundant assets are no longer welcome..
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Go woke, Go broke… Here’s hoping a random universe works out in your favour… The meaning of life… ENJOYING THE PASSAGE OF TIME! #CANCERSUCKS |
28 Oct 2018, 01:16 (Ref:3859533) | #18 | |||
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Quote:
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28 Oct 2018, 02:05 (Ref:3859536) | #19 | |
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Beyond 2019 contracts seems to be the big unknown.
Everything is up in the air for them. All three drivers, Holden, Redbull... Depending how you view the capacity of a beverage conveyance, is it a bail-out? A clean slate? A takeover? |
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28 Oct 2018, 04:14 (Ref:3859544) | #20 | ||
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Its been standard practice at 888RE for the last 15 years to time driver contracts alongside sponsor contracts.
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banksie!!! |
28 Oct 2018, 12:43 (Ref:3859581) | #21 | ||
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I think this is a positive for both Jamie (who has been highly critisized in the past by many) Great to see him commit to the team and the sport.
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GO Hard or GO Home |
30 Oct 2018, 01:45 (Ref:3859863) | #22 | |||
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Quote:
So the question now is, did he buy at a "market value" or "fire sale". Either way good on him for reinvesting his hard earned into the sport and so on. I'm sure he'll get something back on the dollar invested. |
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It's all about speed! Hot, nasty bad-ass speed!! Velociraptor Performance Industries |
30 Oct 2018, 02:25 (Ref:3859872) | #23 | ||
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So did he in effect buy Trinny's out shareholding?
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In the words of the Great Forrest Gump: I'm not a smart man, but at least I know where the Dog on the Tuckerbox is |
30 Oct 2018, 04:49 (Ref:3859876) | #24 | ||
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I bet Dane has a clause for if any shareholder becomes insolvent.
Trigger clauses like that are standard. |
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30 Oct 2018, 08:24 (Ref:3859891) | #25 | |
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Would there be any ROI on, or even any annual dividends expected from a Supercar team?
Are they there to make a profit, or simply to ensure costs match, or at least don't exceed, revenue. |
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