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Old 12 November 2008, 06:07   #11
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Oddly (?) - shorebased courses seem to be holding up much better. I'm not sure why that is but I'm not complaining!
could that be related to the weather? or perhaps people wanting to continue their training/involvement but who are holding off buying/upgrading their boat?
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Old 12 November 2008, 08:03   #12
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South of England it's the same

Seen a big downturn compared to last year on the RYA Courses.
The other specialist courses we run are about the same though.
The fuel surcharge the ferries imposed did not help much either, along with another naff summer.

So 2009 will be a tough one for all, on the bright side we may get a fantastic summer , fuel prices could stay down and I could win the lottery.
Tim
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Old 13 November 2008, 07:54   #13
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Manufacturer price rises

I have just heard that Icom are putting all of their prices up by the end of the year, and interesting move in 'lean' times?!

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Old 13 November 2008, 08:47   #14
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I have just heard that Icom are putting all of their prices up by the end of the year, an interesting move in 'lean' times?!

I think we'll see more of that especially for anything paid for in US$ or Euros. I've no idea what ICOM's currency and transfer pricing arrangements are but with 25%+ movements, there won't be any choice for some. US$ 2 -> £1.50, Euro 1.60 -> 1.20.

Good time to be exporting though - assuming anyone elsewhere wants to buy.
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Old 13 November 2008, 08:54   #15
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Down turn in corporate stuff, especially the House Builders/High end estate agent but commercial stuff as busy as ever. Pal in boat sales very quite in new stuff but busy with good secondhand upto £120k- over that nothing.
Andy
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Old 14 November 2008, 13:00   #16
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Just casual observation - Lymington very dead, local Chandleries going bust or laying off. Dead in the Hih Street....
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Old 15 November 2008, 01:49   #17
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Momentous times! For the first time in history the man in the street has to lend money to the banks!

We are about 20% quieter this year more from the bad weather than anything. I am preparing for a good downturn next year. Things are bad in general in Glasgow for just about every business.

I had a friend who just picked the wrong time to buy a super motor yacht and set up a business, he went to the bank for a 50,000 loan to tide him over till his bookings in the spring and he offered his boat as collateral, they said no, because it was worth nothing to them! They could not sell it. |He then said "well how about I put up a couple of my properties as collateral"?They said, No, they are worthless to us because we couldn't sell them in this market!

I do not think that banks are changing their ways or getting the point at all!
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Old 15 November 2008, 01:57   #18
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We are about 20% quieter this year more from the bad weather than anything. I am preparing for a good downturn next year.
I had a friend who just picked the wrong time to buy a super motor yacht and set up a business, he went to the bank for a 50,000 loan to tide him over till his bookings in the spring and he offered his boat as collateral, they said no, because it was worth nothing to them! They could not sell it. |He then said "well how about I put up a couple of my properties as collateral"?They said, No, they are worthless to us because we couldn't sell them in this market!

I do not think that banks are changing their ways or getting the point at all!
I think they are and as they have some of my hard earned cash I'm happy that they won't lend it so easily, they need to turn a pound like the rest of us and lending against dead stock was one of their previous mistakes
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Old 15 November 2008, 06:59   #19
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to us because we couldn't sell them in this market!

I do not think that banks are changing their ways or getting the point at all!
Banks are in the business of lending money, they are also however in the business of stayin in business. Just like the rest of us they intend to make a profit. Thay are not the national Institutions so many people think they are.

I just receievd my annual statement from a small private pension, it is at nearly half the value it was a year ago.

People need to accept that finanacial instritutions are lilke the roulette table, nothing is definate.
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Old 15 November 2008, 09:49   #20
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This season bit different to what we are used to.
Sales of smaller boats just a little down, midsize hardboats down the drain, RIBs however substantially up and larger engines sales up primarly Optimax´is.

Landed contracts of supplying Dry suits, life vests and helmets to ICE-SAR, contract for Greenland and Faroe Islands hopefully around corner to be accepted

Outlook for 2009 not the brightest at the moment people do not have access to borrow much money and companies can not get any currencies to buy in goods to sell

Personally I am in good shape, just bought myself a new towcar, Mercedes Benz station house on very very low mortgage

Unfortunately not that many over here in that position

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