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Comments (12)

Patrick, you ride a Triumph, like me, how could you not be a nice guy???? Too much debt at davidson which Zeitz is not addressing. Your triumph would NOT have broken down. You can have my old hog just outside of Fruita Co. I left it in a ditch in 1975 after it caught on fire and burned my leg. Was still there 10 years ago. You want to take a risk? Buy some baba on the dips!😎
Patrick Doyle profile picture
@no bozo Hi and thanks for the comment that requires a bit of a response. How could I not be a nice guy? Lots of ways, as it turns out. That aside, though, I love the story about your old hog catching fire, you saying (expletive deleted) it! and just dumping it, and the charred wreck still there in 2012. I dunno. There's something zen about that. Sorry about your leg, though. I hope that wasn't too bad.
In terms of the investment in HOG....I don't have to like to culture to buy the stock. I'd say the Harleys of today are very much more robust than the beast that flamed out on you in the 70s. I have to admit that I borrowed a friends street glide a few years back and I have to admit that I didn't hate it.
As I joked at him after the event, I couldn't buy a Harley because I like to wave at every rider on the street, no matter their model of choice. Such a horrendous culture...
Anyway, Harley culture spends a boat load on producing what I've described as that borg like "cookie cutter rugged individualist", and hey, it's a free country. Against the ~$650 million in net cash (CFO-CFI) so generated by the borg, the company spends ~$95 million on dividends. What's not to like?
I agree with you that debt's a problem with this co. as it is with most. I feel reasonably well compensated for that by the valuation, though.
Many thanks for the story and the comment.
Shiny side up!
@Patrick Doyle
I would truly enjoy riding with you. IN TANDEM ON OUR TRIUMPHS😜
@Patrick Doyle
Borg....... No, you mean Klingons.
Big risk you are taking mr. Doyle. This is a VERY CLIQUEY enterprise supporting 60 year + riders. Young folks want a faster, more reliable, lower priced machine. Hog is a has been, the pan America is a rebranded hog with some flashy add ons. Indian, Yamaha, triumph, Honda, all superior bikes. Good luck.
Patrick Doyle profile picture
@no bozo Hi and thanks for the comment. I've taken big risks before, so that's cool. I agree that HOG is a boomer bike, and many, many of the people I've ridden with don't like the culture (I'm a Triumph guy myself, though I would love an Indian too if they had more maintenance support).

One of the positives that Harley has that other bikes don't have as near as I can tell is the excellent customer service and dealer support. This matters to the touring crowd. A friend of mine left Vancouver on his Roadking years ago, broke down in the US somewhere (Des Moines?) and he was back on the road in about 24 hours, having been treated very well by the Americans. I don't know if Triumph etc. would treat me as well in the same circumstance. I've also owned a BMW and I KNOW they wouldn't treat me as well...

Anyway, I dislike the Harley culture, I like some of their tech., respect the customer service, and like the rock solid dividend. No complaints about the strike price on the puts, too.
Many thanks for the comment and take care.
Patrick Doyle profile picture
@no bozo Also, "mr. Doyle" was the auld fella. I'm Patrick (or worse).
You will lose in the end
Paul Franke profile picture
Momentum numbers getting better. I bought some HOG today. Great MPG with gas prices so high. Cheaper overall cost per mile than a car, as long as you avoid a major accident.
Patrick Doyle profile picture
@Paul Franke Hi and thanks for the comment. Yes, I can tell you from personal experience that motorbike accidents are even less fun than those in a car.
Anyway, many thanks for the great points. I agree with all. Take care.
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