Jump to content
HAYESFAMILY

Ditched my Towing and Roadside Assistance

Recommended Posts

41 minutes ago, WILDEBILL308 said:

Speaking of the OP has anyone heard from Mr Keon?

Bill

YUP, we talk often. Usually via text.

Share this post


Link to post
Share on other sites
2 hours ago, FIVE said:

In the initial post, the OP said it cost $150 a year.  I bought a three year contract from GS for less than that.  I've needed them twice, once was  a RF blow out...they brought a new tire and changed it; the other was last January where, when following the directions given us by the CG, we got stuck...they pulled us out.  I'm well ahead....financially.

 

For those of you using Good Sam for roadside assistance and/or for extended service plans, its being reported that Camping World could be close to filing for bankruptcy protection within the next 12 months.  

Share this post


Link to post
Share on other sites

Jim S.  NO!  Marcos L.  Owns both CW & Gander Mountain,  GM went BK in 2017 and was bought by CW for $35.4 Million.  CW has 40 subsidiary Company's and does sales of $4.792 Billion!  4th quarter earnings was $982 Million!  

So, keep what you got...don't go with rumors!   

Share this post


Link to post
Share on other sites

Never been a huge fan of roadside assistance plans.  GS has sent me free membership the last two years for theirs, not sure why.  Maybe it had something to do with my renewal on my regular membership.  

For a wreck my insurance company will pay for most or all of a tow/recovery.  Due to my factory warranty still being in place some mechanical breakdowns could ever be covered.  I have went 8 years without a blow out on any RV so I'm way ahead of the game there.  

Share this post


Link to post
Share on other sites
2 hours ago, manholt said:

Jim S.  NO!  Marcos L.  Owns both CW & Gander Mountain,  GM went BK in 2017 and was bought by CW for $35.4 Million.  CW has 40 subsidiary Company's and does sales of $4.792 Billion!  4th quarter earnings was $982 Million!  

So, keep what you got...don't go with rumors!   

You guys must know things Moody's doesn't. https://sgbonline.com/moodys-confirms-camping-worlds-debt-ratings-outlook-negative/

or https://finance.yahoo.com/news/bmo-downgrades-camping-world-were-182025919.html

or https://www.fool.com/investing/2018/06/12/wall-street-betting-big-against-camping-world-hold.aspx

Seems there are several spreading this rumor.

Share this post


Link to post
Share on other sites

Jim S.

Yes, their first 3 quarter earnings where down, fourth made up for it & paid .28 per share...CW is a NYSC.  If CW goes down, it will take some Forbs 500 companies with it.

All 3 links are old news!  :P

I have some CW stock & some of the subsidiary stock...my broker has not called yet.  There's a lot of Company's that I do not like and will not do business with...but as long as the stock dividends come to the bank..I'll invest.  IMHO, RV marked is like Oil & Gas.  Up/Down/Up/Down!  :D

Share this post


Link to post
Share on other sites

I don't consider June, 2019, that old. 

Their financials for CWH report -$0.34EPS 4th Qtr 18, -$0.74EPS 1st Qtr 19, $0.45EPS 2nd Qtr 19, 3rd Qtr results haven't been announced.  

      

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

×
×
  • Create New...