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• #16552
@general_greyharbour please assist?
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• #16553
I guess bringing a whole new model to market isn’t going to be cheap.
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• #16554
Anyone got a set of black guards knocking about?
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• #16555
Going from £10.7M to £4600 in profit one year to the next is pretty sensational.
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• #16556
Going from £10.7M to £4600 in profit one year to the next is pretty sensational.
So sensational that it sounds like an accounting thing rather than reality. People are still buying (fewer) Bromptons.
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• #16557
All I can say is that the accounts are available from Companies House.
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• #16558
I think Jameo was thinking more about the internal accounting books than the publically declared company accounts.
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• #16559
Did not think my one gym session during Xmas could have done this…
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• #16560
The numbers (lifted from the article) are from the published accounts.
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• #16561
Going from £10.7M to £4600 in profit one year to the next is pretty sensational.
Not really. Their profit from bike sales was down a few percent and their operating costs were up a few percent. That’s all it takes.
I can’t see anything particular juicy in their Companies House report.
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• #16562
Look harder... ;)
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• #16563
..
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• #16564
How are the early G-Line crew getting on? Initial impressions.
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• #16565
They are indeed sitting on a massive cash pile but that doesn't explain the so called 'slump' in profit.
What I was drawing attention to was lower sales and higher operating costs (of which does not have a note to disclose why) reconciles better, have the accounts printed out but not had a chance to look into it in detail yet.
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• #16566
80% of their sales come from exports. So currency movements can have a huge impact.
It isn't about London or the UK, it is about how the bike is positioned/perceived abroad.
Page 9 of the financial statements says:
The group are naturally hedged....and following the year end has implemented a more active hedging strategy
I suspect the use of the word
naturally
reveals more than it should; they might have sat on their hedging approach and been hit.
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• #16567
Also who quotes 'operating' position rather than the bottom line of the P&L.
The move from £8.6m to (£1m) might be more accurate?
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• #16568
Hope everyone is doing well
.
On the subject of bromptons first trip to the covent garden shop today quite liked this one from the first batch produced
.
Also there was a chap in there with a t line that had the frame polished with a neon green front fork which was excellent
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• #16569
Interesting that on the original the M bar had a brace. Is this still a weak point I have a Kuosac mid-rise which i've been on for ~5 years do i need to be thinking of replacing this (a friend had an OEM one fail whilst riding and i don't fancy that)
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• #16570
Is there a reliable shoulder strap for carrying folded Bromptons?
I want to get back to the office/riding as much as possible and am considering whether a C Line Urban - 2 Speed may excite me into picking up my old pre-pandemic routine, riding in from E17 to Old St, eventually with a bit of training miles added in, now that my office has moved back there.
I need to collect kids on some of the days I’d ride - most likely a 2yo in a pushchair. This is ten minutes walk from home, so I would likely drop the bike off first, but would like to be prepared to go straight to the nursery.
All that information is probably completely boring and I am sorry, just trying to think it out loud as much as possible.
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• #16572
The original was a 1-piece bar and stem, from memory.
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• #16573
I’ve tried the restrap one for this, but it’s pretty impractical. The strap is really narrow and actually quite uncomfortable when you put as much weight on it as even a P Line.
The Bromptonic one might be better, not tried it. Definitely not the prettiest thing though.
Oh, Restrap have done their hike a bike harness thing. That might be worth a look?
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• #16574
https://www.lfgss.com/conversations/401768/
I'm looking for my first Brompton.
I've got very little idea of what I should be paying for certain models so if anybody sees anything they think fit please let me know!
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• #16575
Similar situation, I've been trying to find a concise definition of the different models, but there seems to be a conspiracy of confusion/obfuscation.... what is a 'C' line vs 'A' mudguards ? I've got that the 'P' has Ti forks and rear triangle, and the 'T' has a Ti frame too... is that it ? TIA for any help.
Bit misleading/sensational/scaremongering title and article.
There's more that had happened in the past year of which was not disclosed.