Mastercraft going public.

(chattwake) · (chattwake) **Join Date: Jan 2010** 05-05-2015, 6:30 AM

http://www.streetinsider.com/IPOs/MasterCraft+Files+for+$1001M+IPO/10516920.html

Talk amongst yourselves.

(cwb4me) · (cwb4me) **Join Date: Apr 2010** 05-05-2015, 7:02 AM

Congratulations to Mastercraft owners! Now they can truly own a piece of the company they love.

(biggator) · (biggator) **Join Date: Jul 2010** 05-05-2015, 7:35 AM

Get used to cutting corners.

Public companies have to show growth.. real or on paper.. year over year, quarter over quarter. If the boat business isn't growing ENOUGH organically.. they have to SHOW growth or the stock gets punished.

How do you show growth? Cut costs. Get into other areas of the boat business. Acquire other companies.

Not sure this is a great idea.

(annq42) · (annq42) **Join Date: Mar 2006** 05-05-2015, 8:12 AM

You only have to show growth to your stock holders if you open the stock to the public. Most companies this size will have all the stock purchased by the top people in the company and a few rich backers.

I dont think we will see cut corners but maybe a few less boats. A high end and a low end, and very few in between.

(LukeR103) · (LukeR103) **Join Date: Apr 2010** 05-05-2015, 8:14 AM

Not sure how this will turn out for MasterCraft. Isn't Malibu Public? MBUU
Hopefully they still put customers first over share holders......... but, like biggator says - growth is the only concern for most public companies

(denverd1)

Earnings are another big factor that will be scrutinized each quarter. all depends on leadership and management whether they can remain a specialized niche product with a small segment of the overall boating industry. Or if they'll start chasing mainstream dollars with offerings more in the center of the boating market. like I/Os and runabouts...

Fortunately for all the haters, I predict you won't see many more "lifestyle" promos like the vid that was released a month or two ago