Quote from: Roy L S on March 05, 2026, 09:32:29 AM

Quote from: Newportnobby on March 05, 2026, 09:06:37 AMFor anyone who has not heard, Hornby have sold the model racing car side for £20million, which will help pay off debts and maybe leave something for investment in the model railway side of things

https://www.telegraph.co.uk/business/2026/02/27/hornby-sells-off-scalextric-60-years-purbeck-capital/

From what I have read only £8.5m is to be paid up front with the rest paid over an undetermined period from "available cashflow". Hornby has a lot of debt and has had to roll over at least some of it that was due to be repaid, so will at least some of this cash generated actually go to pay down debt?

The details of the deal seem fairly complex, and Hornby will from what I have read still have some involvement in the Scalextric brand. I am sure greater minds than mine involved have decided this is best for Hornby, but I can't help but reflect that selling off profitable assets to generate cash doesn't feel all that sustainable if underlying profitability of the Group as a whole is in a more challenging place 

Roy

I agree with Roy, selling off a profitable asset smacks at desperation to me. Setting up the TT range has cost them a lot and talking to the owner of the model shop I use its not selling anything like what Hornby hoped for.

Quote from: Newportnobby on March 05, 2026, 09:06:37 AMFor anyone who has not heard, Hornby have sold the model racing car side for £20million, which will help pay off debts and maybe leave something for investment in the model railway side of things

https://www.telegraph.co.uk/business/2026/02/27/hornby-sells-off-scalextric-60-years-purbeck-capital/

From what I have read only £8.5m is to be paid up front with the rest paid over an undetermined period from "available cashflow". Hornby has a lot of debt and has had to roll over at least some of it that was due to be repaid, so will at least some of this cash generated actually go to pay down debt?

The details of the deal seem fairly complex, and Hornby will from what I have read still have some involvement in the Scalextric brand. I am sure greater minds than mine involved have decided this is best for Hornby, but I can't help but reflect that selling off profitable assets to generate cash doesn't feel all that sustainable if underlying profitability of the Group as a whole is in a more challenging place 

Roy

Quote from: Newportnobby on March 05, 2026, 08:54:16 AM@Stingray Sorry, but overall just too bland for me. Bearing in mind I was raised in the era of powerful vocals and guitar virtuosi, strumming and lyrics I can't make out just doesn't do it for me

I won't recommend any Durutti Column then 

For anyone who has not heard, Hornby have sold the model racing car side for £20million, which will help pay off debts and maybe leave something for investment in the model railway side of things

https://www.telegraph.co.uk/business/2026/02/27/hornby-sells-off-scalextric-60-years-purbeck-capital/

@Stingray Sorry, but overall just too bland for me. Bearing in mind I was raised in the era of powerful vocals and guitar virtuosi, strumming and lyrics I can't make out just doesn't do it for me

I've come across Ride before and think they are ok. Nothing outstanding but ok and they've been around for a while.


I agree with @Newportnobby however that Sennen never seems to go anywhere but then again you can't actually go anywhere from Sennen 

Shoegaze band from Oxford, try this one @Newportnobby

Never heard of them. I liked the guitar sound but not the vocals. I kept waiting for something to happen and it never did

Quote from: Roy L S on March 04, 2026, 08:02:24 PMRapido Trains Dynamometer Car, Mallard record run version, a truly stunning model, incredibly well detailed inside and out and interior lighting that can be switched on and off using the "wand" supplied.

People have said it is "too expensive for a coach" but not in my opinion, and anyway it is somewhat more than just a coach, it is a unique and iconic piece of RTR rolling stock and so priced where it ought to be for a model made to such standards.

I jumped at the opportunity to buy one on the basis that there can be no guarantee there will ever be a second production run.



Roy

That certainly looks like a superb model.
Being an LNER model it doesn't really fit in with my period but I might consider one as it looks so good.