Simon Bizien
Special situations, contrarian, growth at reasonable price, mid-cap

Malibu Boats: An Opportunity To Ride The U.S. Consumer Wave

Sector: Consumer Discretionary

Industry: Leisure Equipment & Products

Investment Report 8/19/2014

Malibu Boats, Inc.


Brief Description

Malibu Boats, Inc. (NASDAQ:MBUU) designs, manufactures, and markets inboard performance boats used for water sports and general recreational boating. Malibu Boats offers its products under two brands: Malibu (high-end) and Axis Wake Research (low-end). The firm sells its boats through a dealer network, consisting of 116 independent dealers operating at 139 locations across the United States in addition to 49 international dealer locations. Malibu currently holds the leading positions in the U.S. and international performance boat market with 33% and 40%, respectively, in aggregate unit volume as of 9/30/2013. In FY 2013, domestic sales made up 95% of revenues and...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details