• From: Grapevine, Tejas
  • Registered: 2009-11-03
  • Posts: 1,248

Topic: Fender Going Public

IPO estiamtes of $13 - $15 per share.

Will you buy?

http://finance.yahoo.com/news/fender-pr … 34187.html

  • Registered: 2012-05-30
  • Posts: 485

Re: Fender Going Public

Hmmm.....shares in Fender or a Gibson Les Paul....I know which is the safer investment!!

Guitars: Fender American Original 60s Strat, Fender American Vintage 52 Tele, Gibson Les Paul Traditional
FX: Various including - Ceriatone Centura, Fire Custom Shop Carpe Diem
Amp: Fender ML212 Deville + 212 extention cabinet
  • From: Detroit
  • Registered: 2006-06-02
  • Posts: 5,807

Re: Fender Going Public

This would be a novelty Christmas gift. Not sure if I'd buy 100's of shares though.

- Nic from Detroit... posting on JB's Forum since 6-2-2006
Ask me about my handwound Great Lakes Guitar Pickups
Since 2010, Bonamassa fans have taken advantage of my JB friend discount = my cost + shipping. cool
  • Registered: 2006-05-08
  • Posts: 1,996

Re: Fender Going Public

Too bad they don't issue stock certificates any more.  So what's the point?

Gibson 60th Anniversary 1959 Les Paul Reissue, Gibson LP Standard Faded CSB, Gibson Gary Moore LP Standard, Epi Joe Bonamassa GT LP, Epi Zakk Wylde LP, Dean Michael Schenker Flying V, Jackson Randy Rhoads V, ESP/LTD George Lynch Kamikaze, EVH Striped Series R/B/W, Fender/Squire John 5 Telecaster, Fender Joe Strummer Relic Telecaster
  • From: Grapevine, Tejas
  • Registered: 2009-11-03
  • Posts: 1,248

Re: Fender Going Public

dknight16 wrote:

So what's the point?


Buy low, sell high, retire early smile

  • Registered: 2006-06-30
  • Posts: 2,835

Re: Fender Going Public

Might as well give it a shot.....your cash ain't worth squat in the bank these days....buy vintage guitars instead...:)

And so castles made of sand melts into the sea, eventually.........
  • From: Ontario, Canada
  • Registered: 2012-02-11
  • Posts: 20

Re: Fender Going Public

IPO was yanked. Weakened demand. Facebook put a pall over the market.

  • Registered: 2011-03-23
  • Posts: 212

Re: Fender Going Public

twelvenotes wrote:

IPO was yanked. Weakened demand. Facebook put a pall over the market.


And it's a good thing.  Once you let the public in, the ONLY thing that matters is making money.  How do you make money?????  By lowering costs.  How do you lower costs?????  Higher inexperienced workers AND use inferior quality material.  Net effect= shitty product.

If you look up to the heavens just before the start of every Joe Bonamasaa concert you can see Stevie, Jimi, Muddy, Gary and others leaning over God’s railing jockeying for the best view. 
And if you listen, you can hear Stevie say  “ SHHhhhh,  The kids about to start playing.”
  • From: New York
  • Registered: 2011-02-13
  • Posts: 444

Re: Fender Going Public

I was very happy to see this not happen.

Gibson Custom Joe Bonamassa Ltd Signature Les Paul VOS # 31
  • From: Grapevine, Tejas
  • Registered: 2009-11-03
  • Posts: 1,248

Re: Fender Going Public

WhoTheHeckisThat_NowIKnow wrote:
twelvenotes wrote:

IPO was yanked. Weakened demand. Facebook put a pall over the market.


And it's a good thing.  Once you let the public in, the ONLY thing that matters is making money.  How do you make money?????  By lowering costs.  How do you lower costs?????  Higher inexperienced workers AND use inferior quality material.  Net effect= shitty product.


And when that happens, sales drop, profits drop and the board of directors, who typically own a bunch of the stock, get really upset and install a mangement team to improve product quality, sales & profits.

I've seen well run public companies and poorly run public companies. 

At $15, I probably would have taken a chance and bought some

  • From: Sussex UK
  • Registered: 2009-07-12
  • Posts: 1,465

Re: Fender Going Public

WhoTheHeckisThat_NowIKnow wrote:

How do you make money?????  By lowering costs.  How do you lower costs?????  Higher inexperienced workers AND use inferior quality material.  Net effect= shitty product.

or... you get rid of a layer of management flatten the management structure and become more accountable to your workforce and customers, - invest in training your workforce thereby increasing the skill of your workers, so that they stay with the company as they now have a career; improving output and therefore profit.. Net effect= improved product. - Sorry to disagree  with you there but there is more than one way to skin a cat. Fender already make cheep product largely I suspect through outsourcing to factories that they do not own, - they have a volume product group with Squire so I suspect that public investment could result in better product.  Of course I accept what you say a seeing a downside of a lot of companies who g public but recent employment has led me to believe that there are a lot of private (limited) companies run by idiots...

My YouTube channel with plenty of my Joe's videos dating from 2009 inc his first Hammersmith Odeon ones:
http://www.youtube.com/ian916fun

Ian916's Website

12 Reply by RickB (edited by RickB 2012-07-23 16:10:13)

  • RickB
  • RickB
  • BONAMEGAMETAL
  • Offline
  • From: San Diego
  • Registered: 2009-10-30
  • Posts: 12,198

Re: Fender Going Public

I'll chip in that the current state of not being able to forecast employee health costs for US co's has plenty sitting on the sideline with cash waiting for the elections. There is no way to calculate a bottom line with any certainty right now if you are a co. with more than 50 employees unless you want to alienate all of them by opting out, paying the fine and dumping the lot into the open market. If this is too political, please just ignore the facts. For an IPO to work, there has to be a way to calculate P/E for investors to set a price. I see this as the private equity owners cashing out and running with the money while the co. still has value. It has no bearing on quality of product.
Rick

Free download from Vienna! http://mbsy.co/bNLR
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