Islander
New member
Great pickup for Adams.
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Do people believe that the perception of Yes! has been tarnished with the news as of late? Or do you think the general public has not really heard much to worry about it?
I may be in the minority but I'm not sure I see this really doing anything for either brand. When I think Adams Golf I don't think putter and even with a quality putter like YES!, I'm still not going too. I'm not sure it will even matter to the average golfer. I'm probably wrong but I just don't see it strengthening either brand.
I have some doubts as well, Yoccos. Hopefully they can make some money of the inventory.
Adams makes great value products. Looking forward to them incorporating the C-Grooves into their putters.
Like $300+ fairway woods. Adams doesn't make cheap or budget stuff. Their equipment is top notch and deserves more attention than what it gets.
I like their gear and have played it. I think they are underrated at times.
How were the sales numbers for Yes! putters, JB? Did they see any drastic changes over the last couple years?
I kind of agree with him. If one wants a groove faced putter, or a putter that promises more forward roll, there are countless options now and the innovation kind of wore off.
I just don't see this ending up great for either company. I think Yes! will continue to struggle for sales and I think Adams won't get much out of the deal other than the inventory (which I think they'll have to discount to move). Maybe I'm wrong, but I don't think either company will ever be a big player in the putter market. Then again, maybe that's not what they want anyway. Maybe they are just looking to have a brand out there that can do modest sales.
All the ip for a paltry 1.5 million is a solid pickup. It broadens their product line and increases the overall value of their stock.
I suppose I wasn't thinking beyond inventory, which is a bit short sighted. I guess they are going to get everything that goes along with it as well, ie production equipment, distribution channels, etc. I don't necessarily think its a loser deal, just that I don't see it being too huge of a deal in the future.
For 1.5 million I doubt that they picked up any production equipment / factories. Most likely the company is nothing more than an office building that owns some dies and all the manufacturing is done China. They probably did pick up a decent amount of inventory but I am willing to bet that they will liquidate a ton of it before slimming down the line considerably before rebadging the line so that they can try and compete with the other big names with complete lines.
Like $300+ fairway woods. Adams doesn't make cheap or budget stuff. Their equipment is top notch and deserves more attention than what it gets.
I liked their A7 line putters and they retailed for $70.