***BREAKING NEWS*** Mongoose Cricket up for Sale
Advertise on CBF
Pages: 1 [2] 3 4 ... 7

Author Topic: ***BREAKING NEWS*** Mongoose Cricket up for Sale  (Read 42511 times)

0 Members and 1 Guest are viewing this topic.

qasim_aziz99

  • First XI Captain
  • ***
  • Offline Offline
  • Posts: 247
  • Trade Count: (0)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #15 on: September 16, 2014, 04:25:06 PM »
Quote from: Stuey on September 16, 2014, 03:21:37 PM
anyone else thinking
1. We could do this?
2. How do I break it to the mrs?


Defo we should  get it
Logged

uknsaunders

  • Forum Legend
  • ******
  • Offline Offline
  • Posts: 8656
  • Trade Count: (+4)
    • Farmers CC
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #16 on: September 16, 2014, 04:26:19 PM »
Quote from: Tom on September 16, 2014, 03:30:10 PM
Up for sale just as they'd be expecting their highest orders/revenues with orders set to come in over the next month for 2014/15.

A potential Sports Direct acquisition?
I think sports direct are fine for Kashmir supplies thanks to slazenger[emoji2] . Can't imagine they would need English willow bats, not unless they were £29.99 - 90% off rrp.

Odd timing don't you think?
Logged
email and googletalk: uknsaunders@gmail.com
club website: http://www.farmerscricketjersey.net/

Buzz

  • Administrator
  • International Superstar
  • *****
  • Offline Offline
  • Posts: 12674
  • Trade Count: (+13)
  • Clear your mind, stay still and watch the ball
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #17 on: September 16, 2014, 06:59:24 PM »
good timing as it gives the new owner time to sort next season's stash.

going to be a decent sized 6 figure sum I would guess. (plus there is trescothic's salary to think of)

going to need more than a loan guys!
Logged
"Bradman didn't used to have any trigger movements or anything like that. He turned batting into a subconscious act" Tony Shillinglaw.

tim2000s

  • Administrator
  • International Superstar
  • *****
  • Offline Offline
  • Posts: 10678
  • Trade Count: (+21)
  • If I only could bat....
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #18 on: September 16, 2014, 07:03:48 PM »
Wonder if there is an opportunity to crowdsource through one of the websites? Would need someone willing to step up and run it though.
Logged

Tom

  • Forum Legend
  • ******
  • Offline Offline
  • Posts: 5607
  • Trade Count: (+33)
    • www.cricketinsight.co.uk
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #19 on: September 16, 2014, 07:04:32 PM »
Quote from: Buzz on September 16, 2014, 06:59:24 PM
good timing as it gives the new owner time to sort next season's stash.
Really? Orders need to be placed by June, or July at the latest to be delivered here for late October and deliveries to shops. (30 day on a boat + factory lead times). It only makes sense if the new owner is going to abandon the retailer model, and sell direct.

To me it's in incredibly odd time to sell - retailers place their orders in September/October, which retailer is going to invest in a brand who's future is insecure?

My assumption would be they don't have the financial muscle to buy sufficient new kit for 2015.
« Last Edit: September 16, 2014, 07:07:23 PM by Tom »
Logged

Vitas Cricket

  • Forum Sponsor
  • Forum Legend
  • *****
  • Offline Offline
  • Posts: 6625
  • Trade Count: (+20)
  • Cricket Retailer & Coaching Centre in Peterborough
    • Vitas Cricket
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #20 on: September 16, 2014, 07:12:21 PM »
Will be interesting to see if they are at Lords tomorrow.
Logged

Tom

  • Forum Legend
  • ******
  • Offline Offline
  • Posts: 5607
  • Trade Count: (+33)
    • www.cricketinsight.co.uk
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #21 on: September 16, 2014, 07:12:32 PM »
Quote from: GarrettJ on September 16, 2014, 04:16:26 PM
What is the name of the company that owns mongoose?
Cricket Bat Acquisition Company Ltd
Logged

GarrettJ

  • World Cup Winner
  • *****
  • Offline Offline
  • Posts: 2512
  • Trade Count: (+2)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #22 on: September 16, 2014, 07:37:12 PM »
Going to cost at least £500k
Logged
retired 2006
retired 2014
retired 2018

cricketbadger

  • International Captain
  • ****
  • Offline Offline
  • Posts: 2072
  • Trade Count: (+1)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #23 on: September 16, 2014, 07:38:53 PM »
Quote from: GarrettJ on September 16, 2014, 07:37:12 PM
Going to cost at least £500k

count me in for £100, if we can find the remaining £499.9k from the rest of the forum, lets go
Logged
If we don't beat you we'll knock your bloody heads off.
TCA Coach

GarrettJ

  • World Cup Winner
  • *****
  • Offline Offline
  • Posts: 2512
  • Trade Count: (+2)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #24 on: September 16, 2014, 07:39:44 PM »
A quick scan online says the balance sheet is worth £365k
Logged
retired 2006
retired 2014
retired 2018

JB

  • International Captain
  • ****
  • Offline Offline
  • Posts: 2123
  • Trade Count: (0)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #25 on: September 16, 2014, 07:41:27 PM »
Red light is on company check though for the credit
Logged

GarrettJ

  • World Cup Winner
  • *****
  • Offline Offline
  • Posts: 2512
  • Trade Count: (+2)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #26 on: September 16, 2014, 07:47:26 PM »
I think that red light is because they have tried to dissolve the company on 1 July but that was canceled 23 August.

That man who did the Q&A is not the majority shareholder by the the way CBF admin people.

On a side note .....  The net worth of other cricket companies makes interesting reading!

« Last Edit: September 16, 2014, 07:53:58 PM by GarrettJ »
Logged
retired 2006
retired 2014
retired 2018

KettonJake

  • County 1st XI
  • ***
  • Online Online
  • Posts: 790
  • Trade Count: (0)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #27 on: September 16, 2014, 07:49:34 PM »
There was talk of them going into admin/changing owners in June time. This quietly went away though, surprised to see a brand up for sale at this time of year.
Logged
The artist formerly known as Vitas Cricket
Durant Cricket www.durantcricket.co.uk
jacob@durantcricket.co.uk

TBONTB

  • County 2nd XI
  • ***
  • Offline Offline
  • Posts: 475
  • Trade Count: (+3)
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #28 on: September 16, 2014, 07:54:02 PM »
Quote from: Vitas Cricket on September 16, 2014, 07:12:21 PM
Will be interesting to see if they are at Lords tomorrow.

Is it a trade show or is it open to the public?
Logged

Bulldog Cricket

  • Forum Sponsor
  • International Captain
  • *****
  • Offline Offline
  • Posts: 2060
  • Trade Count: (+31)
    • Bulldog Cricket
Re: ***BREAKING NEWS*** Mongoose Cricket up for Sale
« Reply #29 on: September 16, 2014, 07:54:22 PM »
Who is the chap that did the q&a then ? Is he selling or buying it ? From the answers to the questions he seemed far from wanting to sell ?
Logged
Website - www.bulldogcricket.co.uk
Email - info@bulldogcricket.co.uk
http://twitter.com/BulldogCricket
Pages: 1 [2] 3 4 ... 7
« previous next »
 

Advertise on CBF