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06-15-2016, 01:25 PM
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#1
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Censored Member
Join Date: Dec 2015
Posts: 342
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CW going public
According to the WSJ, Camping World will be going public and has filed with the SEC for an Initial Public Offering. They intend to be traded under the symbol CWH. No word yet on which exchange they will be traded on.
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06-15-2016, 02:41 PM
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#2
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Senior Member
Join Date: Jul 2014
Posts: 7,363
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Well it can't hurt them !!
Russell
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06-15-2016, 02:45 PM
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#3
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DW's 401(k) Plan
Join Date: Sep 2013
Location: Western MD
Posts: 2,372
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Penny stock? 
__________________
"Sunny" the 2017 Sunseeker 3010DS
2006 Jeep Liberty Toad
.... and lovin' life........MOST of the time.
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06-15-2016, 02:46 PM
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#4
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Senior Member
Join Date: Sep 2013
Location: Idaho
Posts: 9,839
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GREAT, now I gotta tell my broker to not buy any for me.
__________________
2016 F350 6.7L LB CC Reese 28K 2014 Chaparral Lite 266sab
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." 2014 19 days camping 2015 17 days camping201620 days camping
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06-15-2016, 02:52 PM
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#5
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Senior Member
Join Date: Jul 2015
Posts: 7,053
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That'll be a sure loser!
Bruce
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2016 Rockwood Windjammer 3029W Diamond Edition
2015 Chevy 3500HD LTZ 6.0 Crew Cab 4x4 Long Bed 4.10:1 SRW
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06-15-2016, 03:03 PM
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#6
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Senior Member
Join Date: Sep 2013
Location: Idaho
Posts: 9,839
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Quote:
Originally Posted by DaGrinch
Penny stock? |
To much!
Ask for change back...
__________________
2016 F350 6.7L LB CC Reese 28K 2014 Chaparral Lite 266sab
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." 2014 19 days camping 2015 17 days camping201620 days camping
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06-15-2016, 03:12 PM
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#7
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DW's 401(k) Plan
Join Date: Sep 2013
Location: Western MD
Posts: 2,372
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Quote:
Originally Posted by Ford Idaho
To much!
Ask for change back... |
LOVE IT!!!!! 
__________________
"Sunny" the 2017 Sunseeker 3010DS
2006 Jeep Liberty Toad
.... and lovin' life........MOST of the time.
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06-15-2016, 03:13 PM
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#8
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Senior Member
Join Date: Apr 2011
Location: Splendora, Texas
Posts: 1,314
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It is my understanding that Camping World is a money making concern?
They sell more RVs then anyone else but that may be because they have so many locations?
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06-15-2016, 03:15 PM
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#9
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Senior Member
Join Date: Jun 2015
Posts: 117
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We should all buy up as much as we can and get a majority share so we can send someone to their board of directors to fix them. The one near me is horrible.
2015 Rockwood Signature Ultra Lite 8281WS
2015 F250 Crew Cab
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06-15-2016, 03:16 PM
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#10
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Senior Member
Join Date: Jun 2013
Posts: 10,833
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Does it really matter who you are invested with? There are many unethical stocks that are part of your portfolio. As far as Camping World I don't buy from them but if they perform well they might very well be a good stock!!
__________________
B and B
2022 Venture RV SportTrek STT 302 VRB Travel Trailer
2018 Heartland Landmark 365 Louisville 5th Wheel
2015 Heartland Bighorn 5th Wheel
2013 FR Rockwood 8289WS 5th Wheel
2012 FR Rockwood 2703 SS Travel Trailer
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06-15-2016, 03:24 PM
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#11
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Senior Member
Join Date: Sep 2015
Posts: 3,464
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Quote:
Originally Posted by DaGrinch
Penny stock? |
You guys still have the penny??
2016 Sabre 36QBOK
2015 Ram 3500 CUMMINS
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2017 Dynamax Isata 4
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06-15-2016, 07:04 PM
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#12
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Censored Member
Join Date: Dec 2015
Posts: 342
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I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
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06-15-2016, 07:12 PM
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#13
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Senior Member
Join Date: Dec 2014
Location: St Simons Island, GA
Posts: 1,234
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CW Stock
It may end up being a money maker, but there isn't a chance I'll buy any. Really bad reputation as far back as I can remember.
__________________
 Aviator Wright Flyer #1919
Army Pathfinder Vietnam, 3 tours
DAV, MOPH, VFW, NRA, 1stCav. ABN
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06-15-2016, 07:16 PM
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#14
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Moderator Emeritus
Join Date: Dec 2012
Location: North Carolina
Posts: 11,069
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Quote:
Originally Posted by ManlyMan
I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
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When I bought my first trailer back in 2011 the CW salesman said they were the Wal-Mart of the camping industry. He said it with pride.
__________________
2014 Crew Cab Chevy Silverado 3500 4wd Duramax/Allison
2014 Sabre 34REQS-6
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06-15-2016, 07:28 PM
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#15
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Senior Member
Join Date: Oct 2015
Posts: 2,270
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Quote:
Originally Posted by ManlyMan
I have to wonder what plans Marcus Lemonis has for Camping World. Last year CW had a profit of $178.5 million and with the stock offering, plan to raise another $220 million. Could he possibly be planning to turn CW into the “Walmart” of the RV sales industry?
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Thats still a longshot short of the over 700 million in debt they're sitting on. Add that to the fact that the RV industry is always just an economic slowdown or oil price spike away from sales grinding to a halt, and that stock looks like a recipe for disaster to me. You can be sure Marcus is well protected though. This was all planned out from the beginning. The folks over at RV daily report called it a long time ago.
I would expect "Campers Inn" to eventually go down this same path. Even though it looks like they bought out a dozen dealerships or more, a lot of the origonal owners of those are still involved in the ownership investment group.
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06-15-2016, 07:54 PM
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#16
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Senior Member
Join Date: Jun 2013
Location: London, Kentucky
Posts: 630
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Maybe a "Board of Directors" will be a good thing for CW. Could not hurt, in my opinion.
Still.......I surely will never buy a RV from them.
I have to agree with Blackhat6mike. Too bad a rep.
Travel safe
__________________
2019 Ford F-350 Super Duty CC Dually 6.7 Diesel
2011 Cedar Creek 36CKTS Touring Edition
I Catch Fish......What is your SuperPower?
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06-16-2016, 06:02 AM
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#17
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Site Team - Lou
Join Date: Oct 2009
Location: South Eastern PA
Posts: 23,269
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Quote:
Originally Posted by Mr Havercamp
I would expect "Campers Inn" to eventually go down this same path. Even though it looks like they bought out a dozen dealerships or more, a lot of the origonal owners of those are still involved in the ownership investment group.
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No worries about competition here; at least in PA. Formerly Media Camping, seems like nothing good has happened due to the name change.
__________________
Lou & Freya the wonder dog
2008 GMC Sierra 3000HD Allison Duramax
2019 Flagstaff 8529FL
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06-16-2016, 06:11 AM
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#18
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(Dry Huunday)
Join Date: Sep 2014
Location: Eastern North Carolina
Posts: 2,298
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Quote:
Originally Posted by Kenny kustom
You guys still have the penny??
2016 Sabre 36QBOK
2015 Ram 3500 CUMMINS
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YUP. Still churning them out at a cost of 1.7c each. Nickel too....evidently it cost 8c to make one. 
Makes ya wonder..  
__________________
Beau & Sue
FurKid Express
2015 Coachmen Catalina 303RLS
2016 Chevy Silverado LT 2500HD Duramax
The more people I meet, the more I like my dogs!
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06-16-2016, 06:28 AM
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#19
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Senior Member
Join Date: Oct 2015
Posts: 2,270
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06-16-2016, 06:35 AM
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#20
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Senior Member
Join Date: Nov 2011
Location: Columbia, SC
Posts: 795
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Beyond Marcus protecting his own…and in effect cashing-in, it might be of concern from a competition standpoint. As Mr. Havercamp has pointed out, they are 700 million in debt, no doubt largely due to acquisitions, stadium sponsorships etc.By going public, will this give them the additional capital or access to capital necessary to gobble up the rest of the independent dealers?
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