Cruising Sailors Forum Archive

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• Debt Trips Up Hinckley, Venerable Yacht Maker (link) (pic)
  • Sabre Yachts, ... “will be profitable despite..." (link)
    • In the Annapolis Boat show there is only one (1) boat displayed: a Sabre 386 (nm)
      • Yup, nice boat.
        • Sadly, there isn't much of a market their either.
    • Sabre Yachts
      • Our previous boat was a Freedom; don't want to be a jinx! (link) (pic)
        • Builders can hang on like they always have
          • Problem is that once the business is owned by investors, ... (link) (pic)
            • Yep, carrying that sort of debt load means prices have to increase (link)
            • Private equity is the death kiss for a company
              • Different "private equity" -- not all with the same objectives...
              • Greg, I fully agree. (nm)
              • "..sustainable in the long run." Of course, that seems to me to be.....
            • Leverage is a wonderful thing....
        • No jinx worries there Dave. ..
      • Well, at least they showed a CRUISING boat, as opposed to the four offerings from Morris...
  • Tripps Block Island 40 came out in 1958. Just months later, with a new Tripp design, a group approached Henry Hinckley. (pic)
    • Actually Tom, 203 B40's were built
      • Right you are Peter, last one delivered in 1991. (nm)
        • They still had the molds in '96 when I first became a Hinckley customer...