SfanGoch Posted April 19, 2018 Share Posted April 19, 2018 There might be a burgeoning market for novelty planters shaped like model car toolings. Think about how Chia Heads were the only players in town at one time. Quote Link to comment Share on other sites More sharing options...
Brett Barrow Posted April 19, 2018 Share Posted April 19, 2018 13 minutes ago, Richard Bartrop said: But I think we can safely assume they didn't pick up all those Revell USA moulds because they wanted some novelty planters. Well, of the $3.9 million purchase, $3 million was just for the stock-on-hand kits already in Illinois. The molds were only $50,000. Quote Link to comment Share on other sites More sharing options...
SfanGoch Posted April 19, 2018 Share Posted April 19, 2018 (edited) Considering the number of molds Revellogram possessed, that is quite the bargain. Edited April 19, 2018 by SfanGoch Quote Link to comment Share on other sites More sharing options...
Richard Bartrop Posted April 19, 2018 Share Posted April 19, 2018 42 minutes ago, Brett Barrow said: Well, of the $3.9 million purchase, $3 million was just for the stock-on-hand kits already in Illinois. The molds were only $50,000. Tell you what, when they show off their new novelty planters, feel free to point out how wrong I was. Quote Link to comment Share on other sites More sharing options...
David Posted April 19, 2018 Share Posted April 19, 2018 (edited) I wonder how many molds are accessible and how many are overseas where they may be difficult if not impossible to recover. Perhaps that is why the amount paid for the molds was so low. Edited April 19, 2018 by David Quote Link to comment Share on other sites More sharing options...
niteowl7710 Posted April 21, 2018 Author Share Posted April 21, 2018 Unless something pops up in the filings in Monday (there were some random financial paperwork filed on Friday for staffing and monthly operating expenses) there were no objections to the Revell sale filed before yesterday's deadline. So the next date to watch will be the closing of the sale on May 8th. Quote Link to comment Share on other sites More sharing options...
bobthehobbyguy Posted April 21, 2018 Share Posted April 21, 2018 Until May 8 nothing is going to happen until ownership changes. No sense for the new owners to do anything until they actually own Revell. Hopefully then will have have a better idea of what is planned. Quote Link to comment Share on other sites More sharing options...
lordairgtar Posted April 21, 2018 Share Posted April 21, 2018 On 4/19/2018 at 12:25 AM, Dave Ambrose said: I think it's safe to say that continental private equity firms are different from their Anglo/American counterparts. That's what these companies are supposed to do. I'm going to guess that there will be changes, but it seems like the continental equity companies are indeed in business to make money rather than bleed the cash, and stiff the suppliers like the American companies do. Oh, you mean like Daimler Benz did to Chrysler? Quote Link to comment Share on other sites More sharing options...
Luc Janssens Posted April 21, 2018 Share Posted April 21, 2018 33 minutes ago, lordairgtar said: Oh, you mean like Daimler Benz did to Chrysler? Thought Daimler Benz was a automotive company...must have been mistaken Quote Link to comment Share on other sites More sharing options...
lordairgtar Posted April 21, 2018 Share Posted April 21, 2018 1 minute ago, Luc Janssens said: Thought Daimler Benz was a automotive company...must have been mistaken True, but they did not do any favors to Chrysler. Quote Link to comment Share on other sites More sharing options...
Luc Janssens Posted April 21, 2018 Share Posted April 21, 2018 (edited) 12 minutes ago, lordairgtar said: True, but they did not do any favors to Chrysler. Well the American managers who worked out the deal, took their money and ran...I don't see them getting the blame?! The implosion of Revell was all Hobbico, also a foreign company?.... Please stop this nonsense, there's enough BLAH_BLAH_BLAH_BLAH in this world already Edited April 21, 2018 by Luc Janssens Quote Link to comment Share on other sites More sharing options...
1930fordpickup Posted April 21, 2018 Share Posted April 21, 2018 3 minutes ago, lordairgtar said: True, but they did not do any favors to Chrysler. That is true. They did take the burden of a cash reserve they had sitting away. Yes Luc you are correct , the blame is all on management, in all most all of these cases. Quote Link to comment Share on other sites More sharing options...
Rodent Posted April 21, 2018 Share Posted April 21, 2018 1 hour ago, lordairgtar said: True, but they did not do any favors to Chrysler. You guys are forgetting that Daimler sold Chrysler to Cerberus Capital. Quote Link to comment Share on other sites More sharing options...
Joe Handley Posted April 21, 2018 Share Posted April 21, 2018 (edited) 24 minutes ago, Rodent said: You guys are forgetting that Daimler sold Chrysler to Cerberus Capital. After Daimler got done with their pillaging of the company. Edited April 21, 2018 by Joe Handley Quote Link to comment Share on other sites More sharing options...
Rodent Posted April 22, 2018 Share Posted April 22, 2018 I don't want to go off road with the Revell thread, but remember that the Challenger, Charger, 300, and Grand Cherokee all have Mercedes architecture underneath. Quote Link to comment Share on other sites More sharing options...
mikemodeler Posted April 22, 2018 Share Posted April 22, 2018 13 hours ago, Rodent said: I don't want to go off road with the Revell thread.... too late, someone else beat you to that several pages ago. Quote Link to comment Share on other sites More sharing options...
SfanGoch Posted April 22, 2018 Share Posted April 22, 2018 Quote Link to comment Share on other sites More sharing options...
High octane Posted April 22, 2018 Share Posted April 22, 2018 In the meantime, I'll just work on the Revell, AMT, MPC, Modelhaus, Model King, ESCI, Testors, and JoHan kits that I already have. Quote Link to comment Share on other sites More sharing options...
GaryR Posted April 24, 2018 Share Posted April 24, 2018 I think there's a lot of wienerschnitzel being slung here. If Revell Germany is going to stay in the plastic model business, why wouldn't they just produce from the molds they just purchased? AMT models, Lindberg models, even old Hawk models are still being made, even though the parent company went belly up. Companies fail for many reasons, mostly from poor management, not lack of sales. I think we will see Revell models back on the shelves AND new tools before long. Maybe higher prices, but not much. Modelers DO love drama! Quote Link to comment Share on other sites More sharing options...
SfanGoch Posted April 24, 2018 Share Posted April 24, 2018 I'm a film noir fan myself. Quote Link to comment Share on other sites More sharing options...
mikemodeler Posted April 24, 2018 Share Posted April 24, 2018 On 4/21/2018 at 10:53 AM, bobthehobbyguy said: Until May 8 nothing is going to happen until ownership changes. No sense for the new owners to do anything until they actually own Revell. Hopefully then will have have a better idea of what is planned. I agree, but maybe a little more speculating and dire forecasts for the demise of Revell is just what we need. I mean, why bother building kits and posting stuff here relative to the hobby that is positive when one can predict the future based on whatever "knowledge" they may possess? Quote Link to comment Share on other sites More sharing options...
niteowl7710 Posted April 24, 2018 Author Share Posted April 24, 2018 2 hours ago, mikemodeler said: I agree, but maybe a little more speculating and dire forecasts for the demise of Revell is just what we need. I mean, why bother building kits and posting stuff here relative to the hobby that is positive when one can predict the future based on whatever "knowledge" they may possess? Well as is the often repeated refrain around here - Nobody is making you read this thread. Quote Link to comment Share on other sites More sharing options...
GaryR Posted April 24, 2018 Share Posted April 24, 2018 5 hours ago, mikemodeler said: I agree, but maybe a little more speculating and dire forecasts for the demise of Revell is just what we need. I mean, why bother building kits and posting stuff here relative to the hobby that is positive when one can predict the future based on whatever "knowledge" they may possess? I agree.Yeah, nobody is making anybody read the thread.That's obvious, don't know what the point of saying that is.We CAN have different points of views you know. Seems like the negative gloomy view is always popular, unless you think modeling is just OVER as a hobby, I don't get that. Quote Link to comment Share on other sites More sharing options...
Rob Hall Posted April 24, 2018 Share Posted April 24, 2018 (edited) Without anything factual from the new owners, though, anything posted here is just pointless speculation. it's best to wait and see what they announce. Edited April 24, 2018 by Rob Hall Quote Link to comment Share on other sites More sharing options...
mikemodeler Posted April 24, 2018 Share Posted April 24, 2018 1 minute ago, Rob Hall said: Without anything factual from the new owners, though, anything posted here is just pointless speculation. it's best to wait and see what they announce. My point exactly. Apparently my thinly veiled sarcasm was taken seriously. Quote Link to comment Share on other sites More sharing options...
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