Everything Attachments

[lilranch2001]

Actually, in a better world your salary would be tied to the value that you bring to the business. A business does not owe you a living. If you don't like your situation, you can change it. If you have a better idea of how to run things, start your own business.

:thumbsup:

 

[OrangeMuscle]

You must have taken cuts in the EA waiting line
View attachment 624523

That's funny! I was shocked. I ordered on August 30th and was delivered to my house on October 9th. I could of had it a few days earlier if I could have arranged to be available to sit home all day with the freight delivery requirements.

Since I am so impatient by nature and almost didn't buy because of the wait, when I spoke to Travis he was cool and sincere on the phone. I decided after I ordered to not think about the 8-10 weeks I was told and I made a promise to myself not to even call them all the time asking for an ETA and to try rushing them. My plan paid off.

 

[fried1765]

It requires a helluva a lot more expertise and it's quite a bit more complicated, time consuming, expensive and risky to make medications than grapples. Margins usually correlate with those kinds of factors. I'd rather pay a high margin to save my life than pickup some brush from the seat.

VERY WELL PUT !!!

 

[fried1765]

That's funny! I was shocked. I ordered on August 30th and was delivered to my house on October 9th. I could of had it a few days earlier if I could have arranged to be available to sit home all day with the freight delivery requirements.

Since I am so impatient by nature and almost didn't buy because of the wait, when I spoke to Travis he was cool and sincere on the phone. I decided after I ordered to not think about the 8-10 weeks I was told and I made a promise to myself not to even call them all the time asking for an ETA and to try rushing them. My plan paid off.

I think way too many folks are focused on instant gratification.
An 8-10 week wait, for a quality piece of equipment that will last a lifetime, is not a problem for me.

 

[aczlan]

they have been very slow to invest in more capacity

Slow to invest in more capacity? You have seen the pictures of their new facility right?

Aaron Z

 

[lilranch2001]

And capacity investment is VERY expensive!

 

[jgedmond]

Slow to invest in more capacity? You have seen the pictures of their new facility right?

Aaron Z

I have seen photos and it looks very nice! My comment was based on the fact that wait times are still very long. I wish that they had enough capacity to build an inventory and ship from that. But it's their business and they apparently know what they are doing based on their many loyal customers!

 

[jjp8182]

And capacity investment is VERY expensive!

Along with it being an increased risk since it's generally a long term commitment with no guarantee that the market will continue to maintain the demand that requires the increased capacity.

The manufacturing of ammunition is a great example of how swings in demand needing to be a consideration in increasing total capacity. ....and Tesla can serve as an automotive example of the challenges of increasing manufacturing capacity/throughput.

Really about the only time expanding a business would seem to be "easy" is when the entire business is really small (e.g. <5-10 people).

On that note (changing the topic a bit) having just gotten the disc harrow and 16" plow I order back in August, I'm hoping I'll get a chance test them out by expanding my gardening by putting in a 50'x100' in-ground garden this weekend (assuming weather and soil conditions cooperate). That way I can get a cover crop planted before this winter, and have more organic material in the ground for planting next spring.

 

[jgedmond]

Along with it being an increased risk since it's generally a long term commitment with no guarantee that the market will continue to maintain the demand that requires the increased capacity.

The manufacturing of ammunition is a great example of how swings in demand needing to be a consideration in increasing total capacity. ....and Tesla can serve as an automotive example of the challenges of increasing manufacturing capacity/throughput.

Really about the only time expanding a business would seem to be "easy" is when the entire business is really small (e.g. <5-10 people).

On that note (changing the topic a bit) having just gotten the disc harrow and 16" plow View attachment 624535 I order back in August, I'm hoping I'll get a chance test them out by expanding my gardening by putting in a 50'x100' in-ground garden this weekend (assuming weather and soil conditions cooperate). That way I can get a cover crop planted before this winter, and have more organic material in the ground for planting next spring.

Yes, it is tough to anticipate market swings. And when a business is not diversified, there is nothing to take up the slack if your primary market craters. It does seem that the hobby farm / homestead movement has a ways to run and that bodes well for EA.

 

[/pine]

Again, this is public information for public companies. If you want to know this, then get their annual report and read it.

Since you are probably not buying every product that a company makes, a more relevant piece of information is the margin on a particular product. This is probably not something that you can easily find out. In an open market, the real basis to decide to buy something is your perceived value for the price relative to what is available from the competition.

You are a little mixed up...my statement was about the margins on individual products...and I didn't mean just public cos...it was a subjective comment.

I'm fairly well versed in DD and searching SEC docs...have subscribed to EDGAR and LexisNexis since the early 90's...
...here's a tip...learn to use Find and use a list of keywords if you're interested in more than just the balance sheet...

 

[goeduck]

Actually, in a better world your salary would be tied to the value that you bring to the business. A business does not owe you a living. If you don't like your situation, you can change it. If you have a better idea of how to run things, start your own business.

Good point! A lot of people that say businesses should expose their profit to keep it sane work for the government in some way. There is nothing wrong with working for the government but I wish they would keep their taxes and spending sane. On the next ballot we have about 10 advisory vote items to repeal taxes the state legislators increased without a vote of the people. I do not know if advisory votes compel the legislators to do anything or not but I am glad they are on there. Profit of companies is self regulating. If EA has insane profit levels a competitor will show up and take their business. The government has no competition, they are insane.

 

[lilranch2001]

You are a little mixed up...my statement was about the margins on individual products...and I didn't mean just public cos...it was a subjective comment.

I'm fairly well versed in DD and searching SEC docs...have subscribed to EDGAR and LexisNexis since the early 90's...
...here's a tip...learn to use Find and use a list of keywords if you're interested in more than just the balance sheet...

Piney, I have to say....
In my humble opinion you are one arrogant a h

 

[jgedmond]

You are a little mixed up...my statement was about the margins on individual products...and I didn't mean just public cos...it was a subjective comment.

I'm fairly well versed in DD and searching SEC docs...have subscribed to EDGAR and LexisNexis since the early 90's...
...here's a tip...learn to use Find and use a list of keywords if you're interested in more than just the balance sheet...

I was just reading what you posted, your comment was "if manufacturers were required to disclose factual profit margins...". I don't see where you specify "individual products" and it is not obvious to me that is what you meant. My bad if that is what you meant when you wrote it.

 

[lilranch2001]

cant you read pineys mind to understand what he meant????

 

[jgedmond]

cant you read pineys mind to understand what he meant????

I'm new here, give me a while to learn everyone's style :confused2:

 

[/pine]

I was just reading what you posted, your comment was "if manufacturers were required to disclose factual profit margins...". I don't see where you specify "individual products" and it is not obvious to me that is what you meant. My bad if that is what you meant when you wrote it.

You're still a bit confused...like I said it was a subjective comment...you were the one that assumed I was talking about public cos....all I said was "manufacturers"...

...by factual I meant material + labor + (realistic) overhead...not convoluted boilerplate legalese that fluffs up things like R&D, distribution, marketing etc., etc...

 

[goeduck]

You're still a bit confused...like I said it was a subjective comment...you were the one that assumed I was talking about public cos....all I said was "manufacturers"...

...by factual I meant material + labor + (realistic) overhead...not convoluted boilerplate legalese that fluffs up things like R&D, distribution, marketing etc., etc...

Is your background government oversight? R&D, distribution, marketing, etc. is not fluff. All required in most businesses and all need to be accounted for somewhere. A business can show costs, overhead, margins or profit in numerous ways but in no business is R&D, distribution and marketing part of profit or margin. They are certainly not fluff (as in not real or not needed) or invented to show added cost.

EA has a good business going, pretty hard to argue that and their profit is what the free market dictates.

As an example Travis needs to be paid and I would consider his role on TBN to be both marketing and sales. He is very good at what he does and should be compensated accordingly. Are you saying that since his costs are obviously not material and labor to manufacture that his salary should not be part of cost of business? That he is just convoluted made up fluff and not needed? I would submit that EAs business in grapples would be way, way lower if not for his marketing.

 

[Doofy]

VERY WELL PUT !!!

I agree, to a point but once the R&D and patent costs are recouped and the Billions of $$$ of profits have been obtained, it is unconscionable to then raise prices by 5,000% or more for life-saving drugs. Greed kills!

 

[lilranch2001]

I am quite sure whatever the f piney did for a living he took only half of his value from his employer, so as to allow his employer to give back to the masses!

 

[fried1765]

I am quite sure whatever the f piney did for a living he took only half of his value from his employer, so as to allow his employer to give back to the masses!

Of course he did!