Archived posting to the Leica Users Group, 2012/05/10

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Subject: [Leica] Leica Monochrome
From: jayanand at gmail.com (Jayanand Govindaraj)
Date: Fri, 11 May 2012 09:48:25 +0530
References: <6AE48C6E-BE8A-4418-9273-90F9F693A707@mac.com> <41b8eb846731d6b26353e7c18e43acf7@mail.gmail.com> <C1CC96DF-E23F-421F-8480-C8515726B6E8@mac.com> <E401D807-0D85-40CA-A2FA-BB96ADDA5BBD@frozenlight.eu> <CA+yJO1AmY0tfEMz8NL_p-nJFog5AWUTTVp+-KwYjn9L_zEEQRw@mail.gmail.com> <D9983685-09B5-4C70-A769-C49184D6B9CB@me.com> <CAH1UNJ3eCueFvTqMRwK2nDn2qzBt2JBAy9VcpTkHVPa_kA7idQ@mail.gmail.com> <CAFuU78dbCO=oknvHrMG4jrpOjYuF_e0go+2j3bje9QLRtmYibA@mail.gmail.com>

They are structured to give as little as possible back to the small
investor (presumably the suckers who will buy the public flotation at
inflated prices built on short/medium term profits, which might be
unsustainable in the long term), and as much as possible to the PE/Majority
shareholders who unload their shares at that point. So, what I said is
follow the big boys - buy Leica equity now, sell two/three years hence,
just before they do! Blackstone has to exit at some point, even if Kaufmann
does not.

I just went through the samples on dpreview. There is nothing over ISO 1600
there, so I could not gauge low light performance compared (roughly) to a
Fuji X-Pro 1 or a Nikon  D700/D800E, all of which I own and shoot with. I
could not see anything that a Fuji X-Pro 1 system and Silver Efex 2 cannot
achieve at a fraction of the price. So what gives? Euphoria apart, what are
the advantages that a US$8000 B&W camera body bring to the party?
Seriously, I really do not understand why anyone should buy this beast.
Anything obvious I am missing?

Cheers
Jayanand

On Fri, May 11, 2012 at 9:29 AM, Lew Schwartz <lew1716 at gmail.com> wrote:

> Jayanand:
>
> I'm not sure this is the case, but aren't such deals structured so as to
> give as little as possible back to the investors?
>
> On Thu, May 10, 2012 at 11:54 PM, Jayanand Govindaraj <jayanand at 
> gmail.com
> >wrote:
>
> > Gerry,
> > No they have not - I see the Blackstone/Kaufmann combo carefully planning
> > how to maximize profits for a public flotation in the medium term, to
> > partially/completely cash out.This whole line up stinks of squeezing
> > profits out of existing technology, and the Private Equity investment
> > mantra of 'strip and dump'. The message is uber clear is it not? Leica
> > using photographers are NOT the target market any more. I bet we in Asia
> > can get our hands on these new products much easier than all of you can
> in
> > Europe and the USA...
> >
> > I think it will be well worthwhile to contemplate an investment in Leica
> > equity with a 2-3 year horizon than buy their products, I think it will
> be
> > far more profitable!
> >
> > Cheers
> > Jayanand
> >
> > On Fri, May 11, 2012 at 12:44 AM, Gerry Walden <gerry.walden at me.com>
> > wrote:
> >
> > > Have Laica now totally lost the plot?
> > >
> > > Gerry
> > >
> > > Gerry Walden
> > > +44 (0)23 8046 3076 or
> > > +44 (0)797 287 7932
> > > www.gwpics.com
> > >
> > > On 10 May 2012, at 20:00, Tina Manley wrote:
> > >
> > > > Sounds interesting to me!
> > >
> > >
> > > _______________________________________________
> > > Leica Users Group.
> > > See http://leica-users.org/mailman/listinfo/lug for more information
> > >
> >
> > _______________________________________________
> > Leica Users Group.
> > See http://leica-users.org/mailman/listinfo/lug for more information
> >
>
>
>
> --
> -Lew S.
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
>


Replies: Reply from lew1716 at gmail.com (Lew Schwartz) ([Leica] Leica Monochrome)
Reply from steve.barbour at gmail.com (Steve Barbour) ([Leica] Leica Monochrome)
In reply to: Message from zoeica at mac.com (Chris Williams) ([Leica] Leica Monochrome)
Message from jshulman at judgecrater.com (Jim Shulman) ([Leica] Leica Monochrome)
Message from zoeica at mac.com (Chris Williams) ([Leica] Leica Monochrome)
Message from photo at frozenlight.eu (Nathan Wajsman) ([Leica] Leica Monochrome)
Message from images at comporium.net (Tina Manley) ([Leica] Leica Monochrome)
Message from gerry.walden at me.com (Gerry Walden) ([Leica] Leica Monochrome)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Leica Monochrome)
Message from lew1716 at gmail.com (Lew Schwartz) ([Leica] Leica Monochrome)