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Old 08-13-2018, 08:10 PM   #15
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You are correct Grand Design has been making money. Since January 2 Winnebago stock has dropped 32% the actual cash value is $15.30 per share. Good luck I hope you make money on your stock.
Unfortunately, you are correct about the stock pricing being down by 32%. That, and the dividends paid, are about the only thing that matter to the average investors. The ACV you've calculated doesn't matter much to most investors.


By comparison, CWH (Camping World / GS Club) stock is down even worse, having lost more than 55 % since Jan.1 2018.


Perhaps they were both over-priced to begin with.
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Old 08-13-2018, 08:15 PM   #16
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WGO closed at $37.95 today. It's 5 year low 2/5/2016 was $17.15, would mean its been more than 5 years since it could have been as low as you calculate.

https://www.bing.com/search?q=wgo+st...18F6901197AE4F

Where do you get your numbers from?
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Old 08-13-2018, 08:47 PM   #17
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WGO closed at $37.95 today. It's 5 year low 2/5/2016 was $17.15, would mean its been more than 5 years since it could have been as low as you calculate.

https://www.bing.com/search?q=wgo+st...18F6901197AE4F

Where do you get your numbers from?
You are correct that the stock price in early 2016 was in the high teens, so today's close at $37.95 does look very good compared to 2 1/2 years ago. However, that does not change the fact that today's close is 32% lower than the stock price of $55.45 on January 2, 2018.
The OP was also showing the ACV he calculated, which isn't the same as share price.
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Old 08-13-2018, 08:51 PM   #18
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You are correct that the stock price in early 2016 was in the high teens, so today's close at $37.95 does look very good compared to 2 1/2 years ago. However, that does not change the fact that today's close is 32% lower than the stock price of $55.45 on January 2, 2018.
The OP was also showing the ACV he calculated, which isn't the same as share price.
Read too fast missed the reference to ACV.
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Old 08-13-2018, 09:16 PM   #19
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Lets face it, any RV manufacturer will build what the customer wants--- as long as the customer wants to-and will pay the amount of money required to build the product and pay the mfgr. a fair profit on their investment.
RV production is on the upswing, has been for a few years.
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Old 08-14-2018, 12:50 AM   #20
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The Adventure has been retired. Winnebago only keeps three gas rigs on the active build list. The Sightseer moved up to top of the line replacing the Adventure. The Vista moved to the middle position replacing the Sightseer. And newly added as an entry level coach is the Intent.


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Old 08-15-2018, 05:45 AM   #21
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When you talk about the price that is one thing. When you talk about the value that is another. That will tell you the actual value of the company stock. If you have a house worth $400,000. and you have a loan of $200,000. you have a value of $200,000 you would have left if you sell it. That tells you Winnebago has taken the assets and borrowed a lot of money to buy other companies that have a lower value than what they paid.
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Old 08-15-2018, 04:30 PM   #22
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JLR - the valuation of a business is not as simple as you have made out. The value of Winnebago is the closing price on the market each day multiplied by o/s shares - from the simplest perspective. You should enroll in an investment course to broaden your perspective. I am sure you would find it interesting.
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Old 08-15-2018, 07:19 PM   #23
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If only you knew.
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Old 08-16-2018, 02:51 PM   #24
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Isn't the ACV only of financial concern to the average stockholder when the company is settling all accounts following a "total liquidation" BK? ( I forget the Chapter number).



I realize there is almost never anything left for the shareholders, after all the debts are settled. I'm just wondering why you think the calculated ACV is more important than the share price.
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Old 08-16-2018, 04:37 PM   #25
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Winnebago Industries

If you look at the key indicators for Winnebago Ind., you will find that the company is in a very liquid position. Total assets are almost double the liabilities. The company has also been buying back stock with the excess cash that it has on hand. Receivables turn over 16x a year which is more than once a month. Inventory turn is less than once year (which is good), interest coverage (via cash flow) on outstanding debt is over 7x, net income for the 9 month period ended 5/31/18 is up 8 million over the year end 2017 with 3 months to go, cash flow from operations is well over cash flow for the year ended 8/2017, EPS (that is earnings per share for those who don't understand that abbreviation) has been on a steady upswing since 2016. Overall, the management of WGI appear to have the ship headed in the right direction and are managing assets vs liabilities very well.

For the bankruptcy comment above, that is a Chapter VII where the company is liquidated. A Chapter XI is where the company is not liquidated but, is restructured to be able to satisfy debt.

And the $15.81 quoted above is the "book value" of the shares which is never representative of the value of the company on the open market. That is proved by todays value of the stock trading at above $38.00 a share.
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Old 08-16-2018, 07:17 PM   #26
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Old 08-17-2018, 09:50 AM   #27
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winnebago keeps sending us a dividend check. i cant complain. we bought our stock in 1967.
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Old 08-17-2018, 02:36 PM   #28
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This started as a alert as to what is going on in Winnebago industries with 1 line shutting down and the rest of the lines going to 32 hour weeks along with a lot of people with years of experience being fired for no reason but winnebago is having a hard time of it now. I am just telling you all to keep your eyes open.
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