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Getbig Main Boards => General Topics => Topic started by: arce1988 on August 27, 2013, 02:39:23 PM

Title: Billabong now worthless?
Post by: arce1988 on August 27, 2013, 02:39:23 PM
http://money.cnn.com/2013/08/27/news/billabong/index.html?hpt=hp_t5

Australian surfwear maker Billabong plunged in Sydney trading after the company posted a tremendous annual loss that totals more than three times its market value.

The company's staggering full-year loss of A$859.5 million ($773 million) dwarfs its A$256 million market cap, and shares fell as much as 15% before a late afternoon recovery. The Gold Coast-based company also wrote down to zero the value of its Billabong and Element brands, deeming them essentially worthless. Sales plummeted 13.5% compared to last year.
Title: Re: Billabong now worthless?
Post by: no one on August 27, 2013, 02:58:43 PM


hey bro I gotta say I enjoy these little off topic threads you throw up every now and again.

it's like a 1-2 minute blurb about this or that that your like 'fuck, that's interesting' you read it.

keep up the good work bro.
Title: Re: Billabong now worthless?
Post by: arce1988 on August 27, 2013, 03:08:56 PM
  You know, no one... that is why I do it... kind of like the random pics by bradi...
Title: Re: Billabong now worthless?
Post by: booty on August 27, 2013, 03:18:20 PM
http://money.cnn.com/2013/08/27/news/billabong/index.html?hpt=hp_t5

Australian surfwear maker Billabong plunged in Sydney trading after the company posted a tremendous annual loss that totals more than three times its market value.

The company's staggering full-year loss of A$859.5 million ($773 million) dwarfs its A$256 million market cap, and shares fell as much as 15% before a late afternoon recovery. The Gold Coast-based company also wrote down to zero the value of its Billabong and Element brands, deeming them essentially worthless. Sales plummeted 13.5% compared to last year.

They have nice clothing.  It's a shame.
Title: Re: Billabong now worthless?
Post by: Kwon_2 on August 27, 2013, 03:21:58 PM
hey bro I gotta say I enjoy these little off topic threads you throw up every now and again.

it's like a 1-2 minute blurb about this or that that your like 'fuck, that's interesting' you read it.

What Brad does with Artistry, Arce does with Words of Wisdom.
Title: Re: Billabong now worthless?
Post by: That_Dude on August 27, 2013, 03:22:41 PM
Not overly surprising have to say their product is superior to quiksilver
Title: Re: Billabong now worthless?
Post by: Mr Nobody on August 27, 2013, 03:24:17 PM
  You know, no one... that is why I do it... kind of like the random pics by bradi...
Sharks took them out.
Title: Re: Billabong now worthless?
Post by: booty on August 27, 2013, 03:27:12 PM
Sharks took them out.
I don't think they can recover. 
Title: Re: Billabong now worthless?
Post by: Natural Man on August 27, 2013, 03:59:01 PM

hey bro I gotta say I enjoy these little off topic threads you throw up every now and again.

it's like a 1-2 minute blurb about this or that that your like 'fuck, that's interesting' you read it.

keep up the good work bro.
oh yeah?


http://www.columbia.edu/cu/augustine/arch/nihilism.html

Title: Re: Billabong now worthless?
Post by: Max on August 27, 2013, 03:59:57 PM
They used to do some really cool designs on their t-shirts but this year have totally changed everything and their lines are pretty poo.
Title: Re: Billabong now worthless?
Post by: Irongrip400 on August 27, 2013, 04:01:52 PM
I didn't know they owned Element.
Title: Re: Billabong now worthless?
Post by: booty on August 27, 2013, 04:02:43 PM
They used to do some really cool designs on their t-shirts but this year have totally changed everything and their lines are pretty poo.
I think someone bought them out a couple of years ago.  I don't think people wear their clothes much anymore.  I can't recall the last time I bought something from them.  You are right about the t-shirts.  Their stuff all looks the same these days.
Title: Re: Billabong now worthless?
Post by: Mr Nobody on August 27, 2013, 04:06:55 PM
I don't think they can recover. 
booty still looks hot and still can run. My hair is messed up today a dude said that today I said thanks.
Title: Re: Billabong now worthless?
Post by: booty on August 27, 2013, 04:09:09 PM
booty still looks hot and still can run. My hair is messed up today a dude said that today I said thanks.
I don't run.  A croc would have to be chasing me in order for me to run.   You're so random Mr Nobody...in regards to your messy hair.   ;D
Title: Re: Billabong now worthless?
Post by: Mr Nobody on August 27, 2013, 04:21:43 PM
I don't run.  A croc would have to be chasing me in order for me to run.   You're so random Mr Nobody...in regards to your messy hair.   ;D
Only random to certain individuals. Always been straight with you. Just glad I got hair.
Title: Re: Billabong now worthless?
Post by: C-BuZz on August 27, 2013, 04:24:20 PM
Good company back in the day, sad to see them fall.

They probably should have upped the dose in the mid 90's to stay on top of the game.
Title: Re: Billabong now worthless?
Post by: Army of One on August 27, 2013, 04:52:10 PM
Does quicksilver still exist?I remember that being the shit in the late eighties early nineties
Title: Re: Billabong now worthless?
Post by: booty on August 27, 2013, 04:55:50 PM
Does quicksilver still exist?I remember that being the shit in the late eighties early nineties
Yes it does. 
Title: Re: Billabong now worthless?
Post by: Tapeworm on August 27, 2013, 08:24:39 PM
This just in: Swagman not so jolly.
Title: Re: Billabong now worthless?
Post by: C-BuZz on August 27, 2013, 08:28:29 PM
This just in: Swagman not so jolly.

Coolibah tree still going strong.
Title: Re: Billabong now worthless?
Post by: jwb on August 27, 2013, 08:29:12 PM
About 5 years ago one of their CEOs quit and cashed in his ENTIRE stock option the next day.
Title: Re: Billabong now worthless?
Post by: ESFitness on August 27, 2013, 08:38:44 PM
They have nice clothing.  It's a shame.


yea, if you're a 14yr old boy.
Title: Re: Billabong now worthless?
Post by: Tapeworm on August 27, 2013, 09:11:05 PM
Coolibah tree still going strong.

(http://static.fjcdn.com/pictures/MFW+so+much+text+in+FJ.+check+tags_c79f30_3898259.jpg)

> 4/4 time
> not a waltz
Title: Re: Billabong now worthless?
Post by: POB on August 27, 2013, 09:59:38 PM
http://money.cnn.com/2013/08/27/news/billabong/index.html?hpt=hp_t5

Australian surfwear maker Billabong plunged in Sydney trading after the company posted a tremendous annual loss that totals more than three times its market value.

The company's staggering full-year loss of A$859.5 million ($773 million) dwarfs its A$256 million market cap, and shares fell as much as 15% before a late afternoon recovery. The Gold Coast-based company also wrote down to zero the value of its Billabong and Element brands, deeming them essentially worthless. Sales plummeted 13.5% compared to last year.


Who is top dog now for board shorts ect? Everyone's still wearing board shorts someone's got to be making $$$$
Title: Re: Billabong now worthless?
Post by: Costanza on August 27, 2013, 10:07:48 PM
> 4/4 time
> not a waltz
[/quote]

 ;D ;D
Title: Re: Billabong now worthless?
Post by: The Abdominal Snoman on August 27, 2013, 11:09:47 PM
They had a good run...The Hierarchy bleed that company dry...
Title: Re: Billabong now worthless?
Post by: ESFitness on August 28, 2013, 02:08:29 AM
Who is top dog now for board shorts ect? Everyone's still wearing board shorts someone's got to be making $$$$

walmart. :-\
Title: Re: Billabong now worthless?
Post by: arce1988 on August 28, 2013, 11:46:53 AM
 :D ;D
Title: Re: Billabong now worthless?
Post by: Natural Man on August 28, 2013, 11:51:33 AM
isnt everything from china nowadays anyway.
Title: Re: Billabong now worthless?
Post by: BRO on August 28, 2013, 12:43:27 PM
3/4 of a billion? Was that typed correctly?

  ???
Title: Re: Billabong now worthless?
Post by: Pray_4_War on August 28, 2013, 01:10:42 PM
I never bought any of their stuff because...

A.  I'm a grown ass man

B.  It has the word "bong" in it and I don't want to look like a weed junkie
Title: Re: Billabong now worthless?
Post by: Papper on August 28, 2013, 03:43:35 PM
Who is top dog now for board shorts ect? Everyone's still wearing board shorts someone's got to be making $$$$

Fashion dictates long shorts and three quarter shorts is on the way out since about a year ago.

Time to get your Magnums ready because it's time to show off the legs bodybuilders so long have been fighting to build up.

(http://3.bp.blogspot.com/_U-vqWEgARp4/TFrlFwanp-I/AAAAAAAAAL0/k8NlIuiMItY/s400/mag006.jpg)

(http://www.webanswers.com/post-images/3/31/937EAB1F-11B2-4588-AA6E555BB7140077.jpg)

(http://blog.hyperquake.com/wp-content/uploads/2010/04/mike_post_magnum.jpg)
Title: Re: Billabong now worthless?
Post by: Army of One on August 28, 2013, 04:02:43 PM
Fashion dictates long shorts and three quarter shorts is on the way out since about a year ago.

Time to get your Magnums ready because it's time to show off the legs bodybuilders so long have been fighting to build up.

(http://3.bp.blogspot.com/_U-vqWEgARp4/TFrlFwanp-I/AAAAAAAAAL0/k8NlIuiMItY/s400/mag006.jpg)

(http://www.webanswers.com/post-images/3/31/937EAB1F-11B2-4588-AA6E555BB7140077.jpg)

(http://blog.hyperquake.com/wp-content/uploads/2010/04/mike_post_magnum.jpg)

Magnum was all man (no homo)