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Joined: Nov 2011
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Talk Morgan Guru
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Originally Posted By pandy
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business.


That's terrible......
rofl rofl rofl


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I wonder if the family have kept the freehold?

It might be that the land was bought back on the strength of the forthcoming company sale, and the rent/lease would then continue to deliver some income.

https://www.morgan-motor.co.uk/morgan-motor-company-re-acquires-malvern-home-land-acquisition-deal/


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Interesting thought. I would have thought that the land would have been vested in the business and therefore would comprise part of the assets of the company and which the new majority owner now effectively controls.


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Originally Posted By pandy
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business.

Mama Mia...here we go again

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I follow this discussion with interest and a little melancholy. I too would have been the third generation of a family-run company. In the best times there were 100 employees. But I had to make a different decision for very personal reasons.

Back to Morgan. I can understand everything very well. Above all, the very large investments that have to be made in order to continue to build cars in the future that a) can be registered and b) meet the expectations of a new generation.

There is only one thought that I, as an outsider, would like to express very amateurishly. If the money had voted for the Morgan family, it might have been a safer investment if BMW had appeared. The BMW brand would look after and manage a great old English brand. In addition, although financially in a different league, BMW is still family-run. It would have been a more stable marriage in the medium and long term.

And there is a common history between BMW and the UK in the form of the Frazer Nash, a BMW 328. That would be much more authentic than VW's stupid stake in Lamgorghini...


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One by one Morgan looses its romantic and idiosyncretic aspects, we trade in wood for alluminium, flex chassis for a rigid one, atmoshoeric for turbo, 8 becomes 6 becomes 4, uk for Italy, where does this end?
Cheers,
Bert


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Originally Posted By RedThree
Originally Posted By pandy
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business.

Mama Mia...here we go again


Not the first time we've had a fusilli puns on TM.


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Originally Posted By pandy
Originally Posted By RedThree
Originally Posted By pandy
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business.

Mama Mia...here we go again


Not the first time we've had a fusilli puns on TM.

The penne is mightier than the sword.


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Originally Posted By tmg513
Originally Posted By pandy
Originally Posted By RedThree
Originally Posted By pandy
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business.

Mama Mia...here we go again


Not the first time we've had a fusilli puns on TM.

The penne is mightier than the sword.

I think it is the sauce of the funds that has worried people,but don't gnocchi it.


Peter

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Originally Posted By Gambalunga
Originally Posted By tmg513
Originally Posted By pandy


Not the first time we've had a fusilli puns on TM.

The penne is mightier than the sword.

I think it is the sauce of the funds that has worried people,but don't gnocchi it.


We cannoli hope it all works out OK


Giles. Mogless in Paris.
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