Triumph posts loss

[moko]

Hmmm,I seem to remember something along these lines about 25-30 years ago.
The new trident was gonn'a save their ass that time.

ooops,sorry.

Totally different company mate,a small part of the Bloor empire.Old Triumph company went tits up due to total lack of business acumen of the management.Ignorant,arrogant dicks sat back knocking out the same old crap happy in the knowledge that Japan would never make anything that stayed together for more than 3 months.Bloor`s a hard-nosed business man,dont know about now but they even used to make their own nuts and bolts because they couldn`t get the quality they wanted from elsewhere when the factory first opened.Triumph`s loss could well be part of a bit of money-juggling amongst the Bloor group for tax purposes,guy started it from the ground-up when everyone told him he was nuts and has poured loads of money and time into it,like i said before it`s his baby,lifetime ambition and he`s got no intention of jacking it in over what to his organisation is a drop in the ocean at most,bit of a tax dodge at least.

[Jackrat]

Totally different company mate,a small part of the Bloor empire.Old Triumph company went tits up due to total lack of business acumen of the management.Ignorant,arrogant dicks sat back knocking out the same old crap happy in the knowledge that Japan would never make anything that stayed together for more than 3 months.Bloor`s a hard-nosed business man,dont know about now but they even used to make their own nuts and bolts because they couldn`t get the quality they wanted from elsewhere when the factory first opened.Triumph`s loss could well be part of a bit of money-juggling amongst the Bloor group for tax purposes,guy started it from the ground-up when everyone told him he was nuts and has poured loads of money and time into it,like i said before it`s his baby,lifetime ambition and he`s got no intention of jacking it in over what to his organisation is a drop in the ocean at most,bit of a tax dodge at least.

Jeeeez,you bite well mate.

Your lucky but.
The weathers probably better where you are right now.

[moko]

Jeeeez,you bite well mate.

Didn`t realise I was biting mate,but you`re right,when I do I do it well

[avgas]

Go Triumph! My job depends on it....

Hey i just realised, my ol' mans 955i was from u guys.
how many years u been there? cos it was a 98 Red Demo (1st in country i think) with 100ks on the clock. Came back a few months later having its rear wheel disitergrates when some wanker in Christchurch didnt tighten the nut after doing the tire.
Yeh back then he was suppose to walk in the store and get a new GSXR for him and an RG for me......walked out spending and extra $8K and no bike for me
:disapint: must be something really good about this bike i said to myself.
Or Welligton Motorcycles have really good sales staff

[avgas]

Chuck a supertrapp on that and she's not too shabby

[Yokai]

If there was a way of answering the question, I'd bet a pint with anyone who wanted to that Triumph's cashflow is completely healthy.

I'm with you on that. Last I heard, Triumph had somewhere in the 1.5m in cash assets.

For those not up on the business side of things
A loss is : profit divulged < outgoings divulged. It does not mean that they have no cash. It also doesn't take into account amortization of ongoing costs (Hinkley would be an ongoing cost if I'd been in charge of the accounting - you can write that off against tax!)

The clearest way of getting a picture of whether a company is doing well or badly is if they are doing pretty much the same stuff that they have done for the last year, and are claiming profits that are greater than the amount posted in the same quarter the previous year.

[Skyryder]

Is it just me or is the new Rocket 3 a hugely ugly piece of crap that looks just awful and sounds very average as it goes by ??
They won some award in NZ lately too ?
What sort of biker really buys one of these ? (perhaps one with a small weener !)
For that sort of money you can virtually buy any sort of decent bike !

Comments anyone ??

The rocket has grunt. That's all some people want. It's in a class of it's own and there's nothing to match it.

Skyryder

[Indiana_Jones]

It's a shame really, Triumph is like the Cunard of motorcycles, a former shell of itself and owned by someone else

-Indy

[Bob]

It's a shame really, Triumph is like the Cunard of motorcycles, a former shell of itself and owned by someone else

-Indy

One of the problems of resurecting a news item that is about a year old - since this went up, Triumph have fully sold their pre-orders of the Rocket III and Daytona 675. I believe the Sprint ST has also sold very well and the Speed Triple sales ain't shabby either.

What a difference a year makes, eh?

[Indiana_Jones]

But the other guy did it lol

-Indy