Recent Challenger Acquisition Already Attracting Attention
Exhibiting its dedication to executing acquisitions that will boost sales in the immediate-term, Challenger Powerboat (OTCBB: CPWB)announced today that Crystal-Pierz Marine was awarded the 'Best Show Display' out of more than 220 exhibitors at the Minneapolis Boat Show for its Centurian/Sugar Sand display.News like this is only going to boost recognition for CPWB's products, particularly since event organizers deemed the show a success with 40,616 attendees. Labels: Challenger Powerboat, CPWB, Penny Stocks, Powerboats
Huge Exposure For Challenger
Although the boating industry hit rough waters in 2006, analysts are confident that there's nothing but smooth sailing ahead. A number of factors, such as the recent dip in oil prices, a successful industry led "Discover Boating" public awareness campaign, and relatively steady economic growth are expected to facilitate increased industry sales over the next 3- 5 years. Supporting our opinion that the industry is poised for steady growth, recent research conducted by E- Composites predicts that the global demand for recreational boats will increase from $23.7 billion in 2005 to approximately $33 billion in annual sales by 2010, representing an annual growth rate of 7%, or compound 5 year growth of 39.24%. With this year's boating season only months away, we feel that a significant opportunity exists for emerging boating suppliers equipped with competitive products and solid distribution channels. One company that fits this description is Challenger Powerboats Inc. (OTCBB: CPWB). In just a few short months, CPWB has emerged from a niche player into an emerging star in the recreational boating industry, which netted $37 billion worth of sales and services in 2005. If Challenger had not yet established itself without a doubt as a top player in the highest tier of the high performance market, today's news assures that it has. Challenger announced today that not only has its DDC-33 been profiled in the March '07 edition of "Powerboat Magazine", but in addition, the testing was an enormous success. According to the company, the results exhibit the fact that Challenger's products are a viable, cost-effective competitor amongst a number of well-established, multi-billion dollar competitors. Labels: Challenger, CPWB, Powerboats
CPWB Set To Exhibit at L.A. Boat Show
Challenger Powerboats (OTCBB: CPWB) announced today that it will be showing off its world class offering at this years Los Angeles boat show from February 3-11( http://www.losangelesboatshow.com/). This is the perfect opportunity for the company to expand its domestic presence, particularly within the West Coast Region. The show is one the longest running and most widely attended in the boating industry and could open the door for new distribution contracts such as the one secured by CPWB back in December. Plain and simple, Challenger is taking all steps necessary to build an industry leading recreational power boat offering. If I was a betting man I'd wager that the weeks after 2/11 will be filled with new announcements and distribution. Lets see what happens. Today's NewsLabels: Challenger, Challenger Powerboat, Penny Stocks, Powerboats, Small Cap Winners
Challenger Outlines Initiatives For 2007
 After closing out 2006 on a very positive note (signing a new dealer contract and shipping 7 boats), Challenger Powerboats (OTCBB: CPWB) took some time yesterday to brief the world on how far it has come and where it is going. As we have mentioned before in prior editions, CPWB has emerged from an intense corporate restructuring smelling like a rose. Here is a link to the company’s most recent news: (http://biz.yahoo.com/prnews/070109/nytu089.html?.v=78) It seems to me that gone are the days of a company with some cool boats and ideas, but no sales force, significant revenues, and competent personnel. In a nutshell, CPWB has set itself up for a 2007 that could prove to be more successful that its entire history of operations combined. Underperforming business segments have been shaved off, new executives with documented success have been brought on, and solid distribution channels have been established. Although many industry experts predict that the higher end of the boating market is softening (http://www.boating-industry.com/output.cfm?id=1191331), many leading players such as Fountain Powerboats and Brunswick Corporation are still optimistic of what 2007 has in store. Challenger is ramping up for what it hopes will be a banner year and recently outlined its strategic initiatives for the’07. These include: - “Expanding our distribution channels by aggressively adding new dealers and distributors throughout the U.S. “ - “Continue to expand our brand awareness through boat show performances, ad campaigns, boat testing, and publications in national boating magazine” - “Continue to allocate a portion of our budget for capital expenditures required to add further efficiencies to our overall production process and increase our profit margin” - “Targeting a strategic acquisition that would both significantly accelerate our top-line growth as well as add accretively to earnings” Challenger seems to be on course for some fairly significant growth with restructuring now in its rearview mirror. Need a little more info on these guys? Check out recent research on the company from Amalfi Research Group (http://www.amalfiresearch.com/report/XTME1.pdf). Labels: Boating, Challenger, CPWB, Powerboats
CPWB: Ready To Take Things International
When we told you that this was an entirely different company than what you saw a year or even six months ago, we weren't pulling your leg. Announcing today a European distribution agreement with the potential to establish its brand as a staple in marinas around the world, Challenger Powerboats (OTCBB: CPWB) is looking forward to high-paced future. This most recent deal inked with Nautique International, could open up a solid export market for CPWB's boats just as Natique has done for Mariah Boats (45 countries) and Thunderbird/Formula Boats, Inc. Please keep in mind, Challenger has never in its history, utilized a traditional dealer network nor maintained effective distributor arrangements. Whether this is a result of poor planning by past management or not, it is irrelevant now as CPWB embarks on a new era. This should be extremely exciting to investors with a roll full of nickels. At today's price of $.04, a run-up to $.16 ( where the stock hoovered around this time last yr. when the stock was XTME), could make for some very happy MSP subscribers. Those that can afford to dip into the piggybank (literally) will likely be tickled pink if and when this agreement bears fruit in terms of international sales. CPWB has been taking the boating industry by storm as of late. Between the success that Challenger has experienced at some of the world's largest boat shows and big wins from its Gallagher Racing Team, the company has already established signficantly larger presence than it enjoyed a few short months ago. All we can say for now is watch closely. CPWB is building a boating industry money maker, piece by piece. The only question is what piece will leader to financial gains for shareholders. Stay tuned, we will let you know. Labels: Challenger, Challenger Powerboat, CPWB, Powerboats, XTME, Xtreme Companies Inc.
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