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07-26-2016, 07:52 PM
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#1
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Senior Member
Winnebago Owners Club Freightliner Owners Club
Join Date: Oct 2009
Location: E WA or S TX
Posts: 4,046
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Camping World IPO would you BUY?
Camping World May go public! Would you buy the stock? Comments Please.
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04 Horizon QD, 12 Ford Flex, Excalibar, Brakemaster, Winter Texan, RVin! since 1974
Norm, Donna & Tinker Kat(RIP) 01 Z3
Life is a Timed Event, you only get One Go Around!
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07-26-2016, 08:05 PM
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#2
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Senior Member
Join Date: Aug 2013
Posts: 599
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When they took a lot of the Rv stuff out and put tents/backpack stuff in I've noticed I go mostly to the small family owned stores. I have found them to be cheaper and have service people working in a shop that can answer questions plus there is no membership fee. The old lady at the one I frequent most is very sharp.
I wouldn't bet my money on the future of camping world.
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Winnebago adventurer 37g, 18 F-150
Full time since 2000
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07-26-2016, 08:09 PM
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#3
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Registered User
Join Date: Sep 2015
Posts: 2,007
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Quote:
Originally Posted by Arizona
When they took a lot of the Rv stuff out and put tents/backpack stuff in I've noticed I go mostly to the small family owned stores. I have found them to be cheaper and have service people working in a shop that can answer questions plus there is no membership fee. The old lady at the one I frequent most is very sharp.
I wouldn't bet my money on the future of camping world.
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Good points.
I'd also add that the RV industry is cyclical - it is at a high now. Good time to sell stock; bad time to buy it.
The RV industry gets can get hurt by high gas prices or a turn down in the economy.
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07-27-2016, 07:03 AM
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#4
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Moderator Emeritus
Monaco Owners Club Texas Boomers Club
Join Date: Nov 2015
Location: Central Texas
Posts: 13,426
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I don't think so, there is so much animosity toward Camping World on the RV forum sites that it makes me think the company isn't worth the investment. Think about it, people who visit these forums should be Camping World's prime customers and they have nothing good to say about the company.
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Dennis and Katherine
2000 Monaco Dynasty
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07-27-2016, 03:46 PM
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#5
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Senior Member
Winnebago Owners Club Freightliner Owners Club
Join Date: Oct 2009
Location: E WA or S TX
Posts: 4,046
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Dennis I know what you are saying, but someone has to be shopping there. They opened a new one in Spokane a year or so ago. I don't get by there often but when I do the parking lot is full. Never stopped. They can't all be NeeBees. It seems they are now into the Vehicle business not just poor service, accessories and junk.
They did close the one in the RGV, it was only seasonable, but they're thousands of Winter Texans in the Valley.
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04 Horizon QD, 12 Ford Flex, Excalibar, Brakemaster, Winter Texan, RVin! since 1974
Norm, Donna & Tinker Kat(RIP) 01 Z3
Life is a Timed Event, you only get One Go Around!
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07-27-2016, 03:54 PM
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#6
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Senior Member
Thor Owners Club Ford Super Duty Owner
Join Date: Jul 2011
Posts: 3,788
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I would not. Prefer mutual fund based investments. Maybe we should all buy one share and show up at a share holders meet to discuss how operations in the field can be less than poor.
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07-27-2016, 04:07 PM
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#7
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Senior Member
Winnebago Owners Club
Join Date: Sep 2013
Location: FTer Class of 2015 Origin: Evergreen, Colorado
Posts: 1,565
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I don't think their business model is sustainable.
Nope.
\ken
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Ken, Deb, & Gadget (WIT Club, FMCA, SKP, and grateful volunteers with Habitat for Humanity and SOWERs), traveling in a well-behaved 2005 Winnebago Vectra 40FD w/1100w solar, some gee-golly-whizbang, and a TRAILERED 2015 Cherokee TrailHawk toad.
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07-27-2016, 04:10 PM
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#8
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Senior Member
Appalachian Campers Heartland RV Club
Join Date: Dec 2015
Location: West Virginia
Posts: 369
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Not sure.
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2015 Ford F450 Platinum DRW , 2017 Heartland Landmark 365 Charleston Me, Wife, "Canines" Lucy [Chihuahua/Jack Russell Terrier mix] & Fawn [Chihuahua] and “Felines” Pixel & Pollux [Manx], Iris, Pepper & Max [DSH], Mystique [DLH]
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07-27-2016, 04:23 PM
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#9
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Senior Member
Join Date: Sep 2015
Posts: 1,216
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Should keep emotion out of investing, go in for the money.
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07-27-2016, 07:24 PM
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#10
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Senior Member
Monaco Owners Club
Join Date: Aug 2015
Posts: 337
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Camping world
Quote:
Originally Posted by Bumps
I don't think their business model is sustainable.
Nope.
\ken
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I think they have a great business model and a captive audience! I would buy it depending on the value and price, you take this company public where they have a board to answer too, and stock holders, you will see a different company! They will have to be a lot more transparent than they are now! Regards
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2009 Monaco Camelot 425 HP Cummins ISL 40QDP
Toad- 2020 Jeep Gladiator Rubicon
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07-27-2016, 07:29 PM
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#11
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Senior Member
Fleetwood Owners Club
Join Date: Sep 2012
Location: Vancouver Island, BC
Posts: 854
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Their balance sheet will tell the story....and unless you are on the board in the RV industry, stocks are just gambling.
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Brian & Nicola
2013 Discovery 40E "DISCO"
TOAD 2014 Wrangler
Xeena(German Shepard)
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07-28-2016, 06:38 AM
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#12
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Senior Member
Monaco Owners Club
Join Date: Nov 2010
Location: The Emerald Coast
Posts: 1,759
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No. It is a good place to shop for items, but I buy elsewhere as their prices are almost alway the highest. They have a great idea but their execution is poor. GoodSam is owned by the same guy as is RV.net. The TV show its my millions is Marcus. The one I was close to didn't do chassis or engine work, they just installed the stuff they sell. I find nothing so innovative as to warrant investment.
IMO
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Jim and Jennie, Cats=Bittles and Potter, 2000 Dynasty 350 ISC
2013 Silverado 4x4 Towed with R1200GS in bed.
PROV23:4 Do not wear yourself out to get rich; have the wisdom to show restraint.
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07-28-2016, 01:15 PM
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#13
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Junior Member
Join Date: Jul 2016
Posts: 2
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I would be against buying their stock. I bought a coach from them and have received very poor service. Most people I talk to, feel Camping World is going down. I would never buy anything from them again.
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07-28-2016, 01:31 PM
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#14
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Senior Member
Join Date: Jul 2015
Posts: 221
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There may be money to be made there... Last year I bought stock in both Winnebago (WGO) and Thor (THO). Everyone here will say WGO is the better company with a better product, but WGO is up 13% and THO is up 38%. I have never owned a product from either one, but I've been to RV shows and Thor has a lot of dazzle.
You have to remember that the average customer isn't as knowledgeable as the good people here. If they can't get it at Wally World, then they stop at Camping World, maybe.
__________________
2019 RAM 1500 Bighorn & 2020 Gulf Stream Vintage Cruiser 19CSK
2000 Newmar Dutch Star 3858, 2015 Jeep Wrangler, 1990 Fleetwood Bounder 31K
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