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Heljan announce price increase for 'Kestrel'.

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John Turner - 18 Nov 2008 14:10 GMT
The following from Heljan A/S

< quote >

As you will be aware the current global economic crisis has put pressure on
both raw material cost and exchange rates.

We have looked at the 'KESTREL' project and for it to remain viable (due to
the limited numbers) we will have to increase the retail price to £119.95.

It is not a decision we have taken lightly and hope you understand the
reasons behind it.

< /quote >

John.
David Jackman - 18 Nov 2008 18:18 GMT
> The following from Heljan A/S
>
[quoted text clipped - 13 lines]
>
> John.

Do they say how many are being produced?  One website is suggesting a
"limited edition of 4000" which doesn't sound very limited to me!

David
Jerry - 18 Nov 2008 20:27 GMT
<snip>

> Do they say how many are being produced?  One website is suggesting
> a
> "limited edition of 4000" which doesn't sound very limited to me!

Then you neeed to buy a dictionary!
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manatbandq@hotmail.com - 24 Nov 2008 13:11 GMT
> <snip>
>
[quoted text clipped - 3 lines]
>
> Then you neeed to buy a dictionary!

Why? In the conext of the average RTR batch size, 4000 isn't
particularly limited.

MBQ
Jerry - 24 Nov 2008 13:28 GMT
<snip>

> Why? In the conext of the average RTR batch size, 4000

But it is if one is talking about *total production* from the mould
tooling - assuming that Heljan will be taking a sledge hammer to the
tooling afterwards.

> isn't particularly limited.

It's still limited, the fact that a number has been quoted means that
by definition the production quantity is limited, the 4001st customer
will be disappointed!...

Also, the figure 4000 (probably) wasn't chosen by accident, assuming
it is the actual production quantity and not... think about it. :~)
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John Turner - 19 Nov 2008 00:38 GMT
> Do they say how many are being produced?  One website is suggesting a
> "limited edition of 4000" which doesn't sound very limited to me!

I believe 4,000 is correct.

John.
kim - 21 Nov 2008 16:49 GMT
>> Do they say how many are being produced?  One website is suggesting a
>> "limited edition of 4000" which doesn't sound very limited to me!
>
> I believe 4,000 is correct.

Did Heljan wait until the entire allocation was already sold before
announcing this "price increase"?

(kim)
kim - 20 Nov 2008 21:44 GMT
> The following from Heljan A/S
>
[quoted text clipped - 10 lines]
>
> < /quote >

B.S. from Heljan

Fuel and raw material costs have fallen dramatically from their peak levels
since the recession first took hold. The Pound has also fallen dramatically
in value relative to other currencies over the last few weeks and this is
just an excuse to restore profit margins to the level they were before.

(kim)
manatbandq@hotmail.com - 21 Nov 2008 09:05 GMT
> > The following from Heljan A/S
>
[quoted text clipped - 16 lines]
> since the recession first took hold. The Pound has also fallen dramatically
> in value relative to other currencies over the last few weeks and this is

Which makes imports more expensive, hence the price rise.

> just an excuse to restore profit margins to the level they were before.

And why shouldn't they?

MBQ
kim - 21 Nov 2008 15:55 GMT
>>> The following from Heljan A/S
>>
[quoted text clipped - 24 lines]
>
> And why shouldn't they?

I've been hit worse by the fall in the value of the Pound than anyone else.
My shipping costs have also risen disproportionately as a consequnce but I
can't raise my prices because my customers simply don't have the money to
pay it. They've been hit themselves by rising food and fuel prices and
nobody has given them an increase to compensaate for it.

I've yet to hear a company announce "Due to a dramatic fall in the cost of
oil and raw materials we are reducing our prices to customers."

(kim)
manatbandq@hotmail.com - 21 Nov 2008 16:12 GMT
> I've yet to hear a company announce "Due to a dramatic fall in the cost of
> oil and raw materials we are reducing our prices to customers."

The petrol station at the end of the road has just done that ;-)

MBQ
kim - 21 Nov 2008 16:18 GMT
>> I've yet to hear a company announce "Due to a dramatic fall in the
>> cost of oil and raw materials we are reducing our prices to
>> customers."
>
> The petrol station at the end of the road has just done that ;-)

But do you know anyone that uses petrol who've reduced their prices as a
result?

(kim)
Jerry - 21 Nov 2008 10:17 GMT
>> The following from Heljan A/S
>>
[quoted text clipped - 19 lines]
> last few weeks and this is just an excuse to restore profit margins
> to the level they were before.

Err, one is getting *less* Euros and USD [1] for every UKP.

[1] I haven't checked other currencies but those two are the relevant
ones here
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John Turner - 21 Nov 2008 13:07 GMT
> Err, one is getting *less* Euros and USD [1] for every UKP.

I don't think so Jerry - it's not so long ago that you got around US$2 for
every GBP, now it's nearer $1.50.

John.
Jerry - 21 Nov 2008 13:22 GMT
>> Err, one is getting *less* Euros and USD [1] for every UKP.
>
> I don't think so Jerry - it's not so long ago that you got around
> US$2 for every GBP, now it's nearer $1.50.

That's what I said, the UKP buys less USDs or Euros!

12 months ago 1 UKP bought 2 USD, now it buys ~ 1.50 USD. 12 months
ago one UKP bought 1.41 Euros, today on UKP buys ~1.18 Euros. [1]

[1]
http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/default.stm
Line might wrap in the above URL
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John Turner - 21 Nov 2008 18:07 GMT
> That's what I said, the UKP buys less USDs or Euros!

Yes, sorry, now I've read correctly what you wrote.

John.
manatbandq@hotmail.com - 21 Nov 2008 13:23 GMT
> > Err, one is getting *less* Euros and USD [1] for every UKP.
>
> I don't think so Jerry - it's not so long ago that you got around US$2 for
> every GBP, now it's nearer $1.50.

Exactly, $1.50 is *less* than $2, hence imports are more expensive and
Heljan have had to increase their prices.

MBQ
kim - 21 Nov 2008 15:23 GMT
>>> Err, one is getting *less* Euros and USD [1] for every UKP.
>>
[quoted text clipped - 3 lines]
> Exactly, $1.50 is *less* than $2, hence imports are more expensive and
> Heljan have had to increase their prices.

But the cost of fuel and raw materials have droppped even faster during the
same period so they can no longer be used as an excuse to raise prices. Also
like Britain, Denmark is outside the Euro currency zone.

(kim)
Jerry - 21 Nov 2008 15:41 GMT
>>>> Err, one is getting *less* Euros and USD [1] for every UKP.
>>>
[quoted text clipped - 9 lines]
> raise prices. Also like Britain, Denmark is outside the Euro
> currency zone.

http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/11/11639
/default.stm

kim - 21 Nov 2008 16:04 GMT
>>>>> Err, one is getting *less* Euros and USD [1] for every UKP.
>>>>
[quoted text clipped - 11 lines]
>
> http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/11/11639
/default.stm

According to that chart a "0.11%" rise in the value of the Danish Kroner
against the UK Pound over the last month!

(kim)
 
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