Just general surfing stuff
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Re: Just general surfing stuff
Kai did something pretty similar 2 years ago
https://youtu.be/SvISdYzhZCI
https://youtu.be/SvISdYzhZCI
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- Huey's Right Hand
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Re: Just general surfing stuff
Well fuck!! I am looking at a far far distant prog chart which is making an outrageous claim on behalf of a tropical cyclone, which it reckons will form in the north Coral Sea before parading itself down a line about 500km off the Australian east coast, intensifying all the way to the Goldie before continuing south and slowly weakening but not much
This all between Dec 6 and Dec 11.
This all between Dec 6 and Dec 11.
Re: Just general surfing stuff
All that solar energy has to go somewhere.
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- Huey's Right Hand
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Re: Just general surfing stuff
well if this one actually happens I am going to be SO HAPPY
Re: Just general surfing stuff
Nick or anyone else. Any insight into DHD crowdfunding strategy. Read they (he) is looking at expansion into the Thai epoxy markets, Mick F a master designer if Handley gets hit by a bus and a few other underwhelming things.
Is he broke? Does this have a BASE surfboards ending. WTF is going on?
Is he broke? Does this have a BASE surfboards ending. WTF is going on?
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- Huey's Right Hand
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Re: Just general surfing stuff
DHD has raised money this way before, I guess it must have worked.Thud wrote: ↑Fri Nov 30, 2018 11:55 amNick or anyone else. Any insight into DHD crowdfunding strategy. Read they (he) is looking at expansion into the Thai epoxy markets, Mick F a master designer if Handley gets hit by a bus and a few other underwhelming things.
Is he broke? Does this have a BASE surfboards ending. WTF is going on?
Fact is the Gold Coast high performance short board market is hopelessly oversaturated right now. You can get quite a bargain off the big name brands if you play your cards right. Maybe cashflow is momentarily sucky.
Re: Just general surfing stuff
Nick your fantasy cyclone is looking more likely.
Re: Just general surfing stuff
He may have a cash flow shortage. Can't buy materials or pay wages. Not exactly a cash rich business. Low margins and god knows what else on the marketing budget.
Just read a little bit. DHD have taken out a significant loan to invest in softboards. Hmm.
Anyway last year EBIT was 900k BEFORE abnormals (one off operating costs) and god knows what they amounted to. He's done pretty well coming back from liquidation 7 years ago.
So far they have raised 65,000 in capital (well below target)
It's a tough game is the surfboard industry
- PeepeelaPew
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Re: Just general surfing stuff
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Last edited by PeepeelaPew on Sun Aug 04, 2019 2:57 pm, edited 1 time in total.
Re: Just general surfing stuff
Dunno, but it's hard to invest with a guy who was involved in the BASE fiasco and kind of sold Maurice Cole down the river.
Re: Just general surfing stuff
Its interesting for sure. He must be machine shaping already though, so is it just that he wants to do it in Asia? For cheaper labor I'm guessing ?Thud wrote: ↑Fri Nov 30, 2018 3:08 pmHe may have a cash flow shortage. Can't buy materials or pay wages. Not exactly a cash rich business. Low margins and god knows what else on the marketing budget.
Just read a little bit. DHD have taken out a significant loan to invest in softboards. Hmm.
Anyway last year EBIT was 900k BEFORE abnormals (one off operating costs) and god knows what they amounted to. He's done pretty well coming back from liquidation 7 years ago.
So far they have raised 65,000 in capital (well below target)
It's a tough game is the surfboard industry
Re: Just general surfing stuff
A container of Thai-made DHD's is on the way. Similar costs to retailers as Firewires. Assume these are the Epoxy ones.Beerfan wrote: ↑Fri Nov 30, 2018 4:10 pmIts interesting for sure. He must be machine shaping already though, so is it just that he wants to do it in Asia? For cheaper labor I'm guessing ?Thud wrote: ↑Fri Nov 30, 2018 3:08 pmHe may have a cash flow shortage. Can't buy materials or pay wages. Not exactly a cash rich business. Low margins and god knows what else on the marketing budget.
Just read a little bit. DHD have taken out a significant loan to invest in softboards. Hmm.
Anyway last year EBIT was 900k BEFORE abnormals (one off operating costs) and god knows what they amounted to. He's done pretty well coming back from liquidation 7 years ago.
So far they have raised 65,000 in capital (well below target)
It's a tough game is the surfboard industry
Re: Just general surfing stuff
The moving finger writes and having writ moves on ... now all thy piety nor wit shall lure it back to cancel even half a line ... nor all thy tears wash out a single word of it.
Re: Just general surfing stuff
Basically, they see a bit of a boom coming with the Olympics, wavepools and more surfing interest in Asia. Plus, DHD have bought Modom, a softboard and surf accessory business. I think the money is to tool up production capacity and invest in product development and marketing in epoxy boards, softboards, boards designed for wavepools, clothing and surf accessories.
I won't, but I could imagine throwing in $250 for a bit of fun. I imagine there are plenty of better investments from a purely money perspective.
I won't, but I could imagine throwing in $250 for a bit of fun. I imagine there are plenty of better investments from a purely money perspective.
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