Originally Posted by
LSP972
According to Jim Schatz, long-time former HK employee who still has deep contacts within the firm, this "new management" thing is simply re-arranging the deck chairs on the Titanic.
The improper sale of G36s is not HK's core problem. That would be the sytematic financial bleeding the firm white done by the current owners, who have bought themselves Swiss villas, private jets, etc., etc. on the company dime. He has detailed all of this in various posts on HKPro, under the screen name G3Kurz, should anyone care to check it out.
Of course, having the German government up their ass because of these improper sales isn't helping; apparently there are a few key people in the government who are doing their best to destroy the firm.
All in all, a very sad deal. I doubt anyone here is a more ardent HK fan than I, but while I hope for the best it doesn't take a degree in business to see that the company is in deep shit, and unlikely to survive it without a massive buy-out by someone with very deep pockets. If I am reading the information out there, available in snippets here and there, correctly, the German government is trying to make that as difficult as possible.
Again ,most of this is hearsay (except the announced management changes, of course); but Jim Schatz is one of those guys you tend to take what he says at face value, based on his past established veracity. All I can say is, I've got my HKs in sufficiency to last what time I have remaining on this sphere, along with a few key parts.
It may well be that the time of a firm like HK (unsurpassed quality, hickory-head management) is past, and the time of firms like Glock (adequate quality, superlative marketing skills management) is upon us. Who can say?
I truly hope they recover. But it ain't looking too good right about now...
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