About the RV Industry Getting Clobbered

[M.W.]

I believe you, I just questioned the ratings themselves. A lot of them look just couple years back and that's it. What matter, as you said, is resale values for 10 or 20 year old campers. I see tons of old Jayco campers that are older than 10 years and can hardly be sold at all because they are ridden by defects. Never seen that with Airstream or Lance.

Ya know I thought that too. I was 100% sure Airstream was #1, so I didn't just look at one review, I looked at like 1/2 dozen from different unbiased sites. It would appear Jayco is #1.

I bet however if they researched RV's that were 10 years old or greater, no one would even come close to Airstream. A friend of ours kid & his wife drove all the way from CA to Knoxville to buy a used one. They toured the country in it, kept it for a few more months, and then sold it out there for some ridiculous amount.



I'll see your picture and raise:

View attachment 282999

 

[newwurldmn]

yes. There’s an airbnb for rv’s.

I just looked up which ones have the highest resale value, and friggin' Jayco is number 1. Airstream is #2. I never would have thought Jayco's would be #1.
Thor make both btw.

There's a company out there that's like an air bnb of cars, ie people will let you rent their cars. I wonder if anyone has started one of those with RV's yet? I mean for most people, the damn things sit parked in their driveway or at a storage facility 90% of the year anyway. Rent em out.

Imo, there's only one way to go with these things anyway, if one must hit the road. >>> A Prevost.

 

[vanzandt]

I need industry average of those ratios to reply

Well I'm sure they're all very close, I know WGO is. The rest of em, ahhh, who cares.
So yeah they're both beat down. THO's dividend is a tiny bit fatter but close enough.
I just prefer Thor over WGO.

I mean if you think it's that easy and you're as confident as you sound..... go for it. Short em.
I think the charts look crappy too, couldn't agree more.

The herd hates them. I mean look... every one of their input costs has gone thru the roof. But there comes a point where the real world valuation of a company kicks in and the Buffetts of the world start buying. These two are pretty damn close. Might take a bit if the markets keep falling, and one last big flush is certainly not out of the question I suppose, but they're close, especially for a long term buy. You can bet the next conference call will be anything but rosey, that's for sure.
Short em.

 

[treeman]

It’s not a falling knife at this point. It’s a falling piano. I’d place this in the -investment bucket. Looks like infinite supply above, regardless of the story. I wish you the best owning it.

 

[vanzandt]

It’s not a falling knife at this point. It’s a falling piano. I’d place this in the -investment bucket. Looks like infinite supply above, regardless of the story. I wish you the best owning it.

Thor didn't even close at its low today. Closed above $75. I think it held up well looking at every other stock out there. It won't get much cheaper. The uglier this market gets, they prettier this stock will be. You'll see.

 

[treeman]

That’s cool. Sounds like hope to me. Price pays. Not some story. New 20-month low. I wish your position the best. It’s not something I understand- beauty is in the eye of the beholder. This is what makes a market though. I’ll leave you to it without the peanut gallery.

 

[deaddog]

Thor didn't even close at its low today. Closed above $75. I think it held up well looking at every other stock out there. It won't get much cheaper. The uglier this market gets, they prettier this stock will be. You'll see.

What is the process? Buy now and see what happens or wait for price action to trigger your buy.

I don't see any support. Last would have been 77 bucks area. I'd lke to see a definite uptrend.

 

[vanzandt]

That’s cool. Sounds like hope to me. Price pays. Not some story. New 20-month low. I wish your position the best. It’s not something I understand- beauty is in the eye of the beholder. This is what makes a market though. I’ll leave you to it without the peanut gallery.

The books aren't "a story".
The company is dirt cheap.
We'll see.
I bet it see's $90 before $60.
It closed at $75....

What is the process? Buy now and see what happens or wait for price action to trigger your buy.

I don't see any support. Last would have been 77 bucks area. I'd lke to see a definite uptrend.

Same answer.

 

[deaddog]

The books aren't "a story".
The company is dirt cheap.
We'll see.
I bet it see's $90 before $60.
It closed at $75....

Are you betting? Do you have a position?

 

[vanzandt]

Are you betting?

Well, unless English is a second language for you, that's pretty much what I meant when I said it. Why? You want some action too?
Do I have a position?
No I don't. I only rediscovered this gem responding to this thread ya'll drew me into.
That said, I will. I'd love to see $70.

Edit.... vz quote: "I'd love to see $70."
With that said>>> I'll NEVER see $60.... place your bets big-dog.
Edit #2: $71.43 will be the bottom.