Guns! Guns! Guns!

Gmutant

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#1
This thread shall henceforth be the unofficial firearms news, reviews, discussion and obligatory gun porn thread!

To kick things off, here's a couple beautiful pieces of shootin' iron that got my heart 'a flutterin' from Shot Show '18:

Excel Arms AutoMag:

Knights Armament LAMG:

Palmetto State Armory PSA5 (MP5 clone):
 

XzerothreeX

Rescued Ally
Joined
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The Alamo
#2
This thread shall henceforth be the unofficial firearms news, reviews, discussion and obligatory gun porn thread!

To kick things off, here's a couple beautiful pieces of shootin' iron that got my heart 'a flutterin' from Shot Show '18:

Excel Arms AutoMag:

Knights Armament LAMG:

Palmetto State Armory PSA5 (MP5 clone):
Any release date on the AutoMag? My dad would lose his shit if I got him one. He has loved that gun as long as I can remember. Until now, I would have been paying a small fortune for one in decent shape.
 

Gmutant

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#4
Any release date on the AutoMag? My dad would lose his shit if I got him one. He has loved that gun as long as I can remember. Until now, I would have been paying a small fortune for one in decent shape.
https://www.gunsamerica.com/blog/return-44-auto-mag-excel-arms-helps-resurrect-icon-shot-show-2018/

According to that article, the new Automags are on sale as of February 2018, or right now
;)

The MSRP is about $3500, but I'm not sure what model that's for. They've got satin black, bead blasted/matte stainless and a high polished stainless model, and they come with factory iron sights or an optic rail on the hunting model.
 
Joined
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#8
https://www.gunsamerica.com/blog/return-44-auto-mag-excel-arms-helps-resurrect-icon-shot-show-2018/

According to that article, the new Automags are on sale as of February 2018, or right now
;)

The MSRP is about $3500, but I'm not sure what model that's for. They've got satin black, bead blasted/matte stainless and a high polished stainless model, and they come with factory iron sights or an optic rail on the hunting model.
Thank goodness I am not American... my house would literally be floor to ceiling with guns.
 
Joined
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#9
Here is why I hate news sites:

REMINGTON WILL FILE FOR BANKRUPTCY

Just for the sake of clarity...
  • Remington became part of 'Freedom Group' back in 2007
  • Freedom Group changed their name to 'Remington Outdoor Company' around 2013-2014
  • Remington Outdoor Company is about to file for bankruptcy
So... NO, news website people. This isn't just "Remington" that's at stake here. ALL of the companies that make up this poorly managed corporate-acquisitions-conglomerate are on the chopping block (Remington, Bushmaster, Marlin, Para USA, to name a few).
Oh, and all this just so the owner company, Cerberus Capital Management (which specializes in distressed assets & leveraged buyouts), can keep their growth arrow pointed skyward.
 

BobCrees

Alamo Family
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#10
Here is why I hate news sites:

REMINGTON WILL FILE FOR BANKRUPTCY

Just for the sake of clarity...
  • Remington became part of 'Freedom Group' back in 2007
  • Freedom Group changed their name to 'Remington Outdoor Company' around 2013-2014
  • Remington Outdoor Company is about to file for bankruptcy
So... NO, news website people. This isn't just "Remington" that's at stake here. ALL of the companies that make up this poorly managed corporate-acquisitions-conglomerate are on the chopping block (Remington, Bushmaster, Marlin, Para USA, to name a few).
Oh, and all this just so the owner company, Cerberus Capital Management (which specializes in distressed assets & leveraged buyouts), can keep their growth arrow pointed skyward.
Sounds a bit like MS to me?

But back on topic - If my history is correct - this is not the first time that Remington has had financial problems.
 
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#12
If my history is correct - this is not the first time that Remington has had financial problems.
When Cerberus purchased Remington Arms, they inherited about $250 million in debt. After 10 years of shit quality control and over-hyped marketing of bad designs, Cerberus has managed to increase the debt to $928 million.

https://www.bloomberg.com/news/arti...n-debt-fizzles-as-trump-cools-firearms-fervor

It really irritates me how the news talks about Remington Outdoor Company quote: "tracing its history back to 1816" — bullshit. It traces its history back to 2014 because Cerberus wanted to hide their connection to the Newtown massacre (one of the guns used was a Bushmaster AR15, which is another company Cerberus owns, and also part of Freedom Group). So Freedom Group is now wearing the long-rotted corpse of Remington like a fuggin skin-cloak, to ward off any bad media juju in hopes that everyone will someday just forget it all happened.
 
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Gmutant

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#13
When Cerberus purchased Remington Arms, they inherited about $250 million in debt. After 10 years of shit quality control and over-hyped marketing of bad designs, Cerberus has managed to increase the debt to $928 million.

https://www.bloomberg.com/news/arti...n-debt-fizzles-as-trump-cools-firearms-fervor

It really irritates me how the news talks about Remington Outdoor Company 'tracing its history back to 1816' — bullshit. It traces its history back to 2014 because Cerberus wanted to hide their connection to the Newtown massacre (one of the guns used was a Bushmaster AR15, which is another company Cerberus owns, and also part of Freedom Group). So Freedom Group is now wearing the long-rotted corpse of Remington like a fuggin skin-cloak, to ward off any bad media juju in hopes that everyone will someday just forget it all happened.
I wouldn't be surprised if the management is purposely running the company into the ground.
 

Dhamptastic

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#15
Cerberus bought a host of arms companies, including Bushmaster and Remington, and folded them into Freedom Group, now called Remington Outdoor Company. After Sandy Hook, their largest single investor--the state teacher's union of California--dropped Freedom Group from their pension plan. That resulted in over a billion dollars of debt suddenly appearing, after paying the shares off.

Generally, Cerberus has been very successful. But companies which make scary black guns aren't a good institutional investment in our times. It would only be intentional if Sandy Hook was an inside job. And that's madness.

But they're probably not disappearing. Chapter 11 bankruptcy isn't usually a liquidation. It provides for reorganization and oversight in exchange for favorable loans and a term of shelter from creditors. They're not traded, so they won't be de-listed or suffer other stock market consequences. I doubt if they're going anywhere.
 
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#16
But they're probably not disappearing. Chapter 11 bankruptcy isn't usually a liquidation. It provides for reorganization and oversight in exchange for favorable loans and a term of shelter from creditors. They're not traded, so they won't be de-listed or suffer other stock market consequences. I doubt if they're going anywhere.
I just want the old Remington back.... what I mean is, the way they used to manufacture. Marlin too. Marlin once made some great lever guns... now, it's a crap-shoot.
 
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