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Serious Hope by Bandit

By General Posts

Rogue, Kirk Willard and I and thousands of other guys have been fighting for motorcyclists’ rights for decades. We continue to fight, but lots of brothers and sisters don’t pay attention.

By now most folks are aware of the green movement and what it’s doing to the Fossil Fuel industry, hell even the meat industry. Their problem and their worst fear is that they are wrong. So, what did they do? They called anyone who didn’t agree a denier.

We’re grubby bikers, we deny everything and fuck you, if you don’t like it. So let’s cut to the chase. They are wrong and the movement to point out how wrong is growing. I’ve been pushing and looking for solutions for over a decade.

Recently, with the Motorcycle Riders Foundation at my back I came up with a congressional resolution. I was and is a fight for every kid on the planet, who needs to know the truth and who should know we are living in the Best off Times, not the worst.

This last week became incredibly significant. I can’t say it loud enough. Throughout this year we have tried to find someone who would shove our resolution in front of Congress and force a hearing. We finally found support with Senator Rounds office in South Dakota.

Week before last we faced a major setback. Montana lost a court case. It could impact the entire energy industry in Montana and send a very negative message across the country.

The problem with this entire effort is not the facts, the science or the truth, it’s guts. The world and politicians on both sides of the isle are being bullied and paid off. No one wants to step up and say, “Sorry, but we’re not doomed.”

So, what happened in the last couple of days. We had the debates and one guy shook the stage. Vivek had the balls to say on national albeit fading, television that Climate Doom is a hoax and must be addressed.

Then Rocky, the lobbyist from the MRF met with… I will let him tell the story.

Bandit,

Had drinks with staffers for Sen. Daines of Montana yesterday and mentioned the climate. Below is what they told me on the topic.

1. Yes, the state didn’t base their argument on the facts, but an approach to get the case dismissed. Could have been for a couple reasons.

2. Very unfavorable judge for the case. Based upon merits.

3. They are appealing the case. If they receive a more favorable judge then the case can be built on merit it deserves.

Think most importantly they knew exactly the case I was talking about. They think there is a bigger battlefield on this case and didn’t seem worried. I guess that is TBD.

–Rocky

I immediately let Dr. Ed Berry, a freedom fighting physicist in Montana know about this development. Here’s what Ed said, “I am working on an Amicus Brief to the Montana Supreme Court. I think I can persuade the court like I did in 2011.”

The scientists at the CO2 Coalition are also on the case.

Are you beginning to see why this turned into a major week?

Stay involved and Free,

–Bandit

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Harley Financials and Growth Prospects for 2023

By General Posts

by Bandit

I’m not a financial advisor. I’d rather build another motorcycle than chase the stock market. But take a look at my portfolio. I have maybe 20 motorcycles, one triumph, one Indian (I had two but traded my ’46 for a ’50 bobbed Panhead). What does that tell you? I’m a Harley guy. All bikers have a special relationship with Harley-Davidson. The question always is: Does the factory respect and embrace that relationship?

So, the final quarter, yearend financials surfaced, but they weren’t posted like they were in the past, you had to ask for them. However, the factory slipped into the mainstream media spotlight leading into 2023, in some troubling ways, and others indicate positive growth.

Click here to read this Special Report only on Bikernet.com

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Indian motorcycle sales surge 37% following rollout of Challenger

By General Posts

by Carrigan Miller and Mark Reilly from https://www.bizjournals.com

Polaris Inc. stock is up sharply Tuesday morning after the maker of ATVs, snowmobiles and motorcycles reported better-than-expected profits for the fourth quarter, driven in part by the rollout of a new Indian motorcycle.

The Medina, Minnesota-based manufacturer posted income of $98.9 million for the quarter, or $1.58 per share, up from $91.4 million, or $1.47 per share the year before. Adjusted earnings were $1.83 per share, ahead of Wall Street average estimates of $1.79.

Sales were $1.73 billion, up 7% from the year-ago period but at the low end of Wall Street estimates. Sales growth was led by the company’s Indian Motorcycle division, which saw revenue increase by 37% to $116 million as Indian debuted the Challenger, a heavyweight touring bike.

Indian is the vintage motorcycle brand that Polaris is marketing as an alternative to those sold by Milwaukee-based Harley-Davidson Inc. The Challenger is indicative of how Polaris is positioning Indian. Upon the rollout of the Challenger in October, motorsports industry writers were comparing it to Harley-Davidson’s Road Glide, a big touring bike that represented a sizable portion of Harley’s sales mix back in 2013, when the iconic motorcycle manufacturer put Road Glide on a hiatus that lasted all of one year.

Indian unveils new Challenger lineup for 2020

As for Polaris, investors liked what they saw. Shares of Polaris closed up almost 6% Tuesday. The company may look particularly good in comparison to rival Harley-Davidson, which reported its lowest quarterly sales in years and missed Wall Street estimates by 6%, Barron’s reports. Shares of Harley (NYSE: HOG) closed down about 3% at $33.79.

Sales in off-road vehicles and snowmobiles, still the company’s biggest business, grew by 7% as the fortunes for ATVs and snowmobiles diverged. Sales of off-roading vehicles like the RZR and Ranger rose 13%, snowmobile sales were down 10 percent.

Boats, the company’s newest business unit that includes the recreational and sport boat brands of Marquis-Larson Boat Group of Pulaski, also saw a sales decline during the quarter, while clothing and aftermarket parts rose.

For the full year, Polaris posted earnings of $323 million, or $5.20 per diluted share, on sales of $6.8 billion.

“In 2019, we delivered strong operational performance across Polaris (NYSE: PII), especially productivity and delivery, and we expect further gains to create value for customers and shareholders in the year ahead,” Polaris CEO Scott Wine said in a statement.

Polaris said it projected growth between 2% and 4% in 2020, with earnings in the range of $6.80 to $7.05 per diluted share. “While the negative impact of tariffs remains a significant headwind on an annualized basis, the year-over-year impact is expected to be minimal,” the company said.