Current Status of Holiday Rambler
We are starting to look at moving to a class A from our current 5er. We are in the stage of looking at different brands. I am a little confused about Holiday Rambler. We have looked at a couple of...
Forum Discussion
Holiday Rambler ceased to exist as a corporation in 1996. Holiday Rambler became a brand name of Monaco Coach Corporation, which filed Chapter 11 Bankruptcy in 2009, and the assets (including brand names like H-R) were acquired by Navistar International. Navistar sold these assets to Allied Specialty Vehicles in 2013.
Considering the broad holdings of Allied Specialty Vehicle, I would expect that the Holiday Rambler brand is probably in a more secure place than it has been since 2005, when Monaco Coach started expanded beyond their financial and management resources.
Allied Specialty Vehicles was formed in 2010, a holding company acquiring the assets of a number of companies producing emergency vehicles, small buses, and RVs that got into trouble during the economic decline after 2007. Most of the acquisitions have been recent, from 2013 as markets in these categories have started to pick up.
Would I buy a RV, ambulance, or bus from these guys? Probably, as they are letting the experienced people run each of the businesses. Would I invest in them? Probably not, I am too conservative, liking extractive industries where the stock price represents some fraction of their licenses for in-ground assets, rather than companies that depend on sales or growth for value.
Considering the broad holdings of Allied Specialty Vehicle, I would expect that the Holiday Rambler brand is probably in a more secure place than it has been since 2005, when Monaco Coach started expanded beyond their financial and management resources.
Allied Specialty Vehicles was formed in 2010, a holding company acquiring the assets of a number of companies producing emergency vehicles, small buses, and RVs that got into trouble during the economic decline after 2007. Most of the acquisitions have been recent, from 2013 as markets in these categories have started to pick up.
Would I buy a RV, ambulance, or bus from these guys? Probably, as they are letting the experienced people run each of the businesses. Would I invest in them? Probably not, I am too conservative, liking extractive industries where the stock price represents some fraction of their licenses for in-ground assets, rather than companies that depend on sales or growth for value.
