Re: Brunswick in trouble
I still stand by it... They are following what they need to do in order to stay on top. Drastically reduced output and profits for sure, but they'll bounce back. They've been through many recessions before and have massive assets at their hands. I wouldn't think Maxum will be the last brand to go, but there's no way Brunswick will go anywhere near bump (They are better now than they were 11 months ago!) Their shares got all the way down to sub $2 at one point! Back up at around $11-12 now... Just imagine where those shares could hit once confidence is restored....
Remember, Brunswick isn't just Maxum, Bayliner and Searay...
It's Mercruiser, Mercury (This biggest selling power plant brands - which many boat companies will be locked into purchasing), Quicksilver parts (All those engines out there, especially those in warranty, need oil and impellers etc) and almost 40 boat brands. Additionally they have their billiands, bowling and fitness businesses.