Mystery solved. Shelby Trust to sell Real Cobras

[mullen2]

Looks like the new Competition Shelby is Blue with White stripes. Glad to see the cars still being built. In reality, it is actually pretty cool that 50 years on you can still place a order for a brand new Shelby Cobra. Im sure in 40 years the cars will have their place in history. At that point most of us will not be around to care or will be to old for it to matter. Life is short, buy what you like and drive it often!

There will always be a pecking order as far as Value/Desirability for CSX Shelby Cobras. Starting with 1960's cobras that retain the most of their born with parts and original body/chassis. Then maybe the CSX1000 AC built body/chassis cars, then Aluminum CSX4000 cars, then......

[RodKnock]

Originally Posted by mullen2

There will always be a pecking order as far as Value/Desirability for CSX Shelby Cobras. Starting with 1960's cobras that retain the most of their born with parts and original body/chassis. Then maybe the CSX1000 AC built body/chassis cars, then Aluminum CSX4000 cars, then......

The CSX4000's must be split into subcategories.

There are your standard CSX4000's, like Evan's, but then there's also the 40th Anniversary Shelby Cobras, 50th Anniversary Shelby Cobras, and don't forget the Terlingua Racing Team Edition Shelby Cobras...There may be other limited and special editions, but history changes everyday. Some stuff we care about, other stuff, we don't.

I think instead of calling them "competiton chassis" Shelby Cobras, since SAI is bringing back the CSX 3000 numbers, SAAC should call them the "Resurrection" Shelby Cobras.

[RodKnock]

Evan: "Are all the proceeds of these "completion" cars going to the construction of the museum and acquisition of whatever they are acquiring for it???? Don't know. Are any part of the funds going to "profits" into "pockets"? Don't know."

David: "First, I don't know. I'm not in their books. But from what I can tell there isn't going to be a whole lot of profit in this for anyone. The money is probably mostly going to the museum."


Fact: Around May 4, 2015, CSBI's stock price was $0.15/share. The press release date was May 12, 2015.

Today, the "Ask" is $0.20/share. If my math is correct, then that's a 33% increase in shares of CSBI. As we all know, stocks rise on the expectation and realization of increased earnings.

[Al G]

Originally Posted by RodKnock

Evan: "Are all the proceeds of these "completion" cars going to the construction of the museum and acquisition of whatever they are acquiring for it???? Don't know. Are any part of the funds going to "profits" into "pockets"? Don't know."

David: "First, I don't know. I'm not in their books. But from what I can tell there isn't going to be a whole lot of profit in this for anyone. The money is probably mostly going to the museum."


Fact: Around May 4, 2015, CSBI's stock price was $0.15/share. The press release date was May 12, 2015.

Today, the "Ask" is $0.20/share. If my math is correct, then that's a 33% increase in shares of CSBI. As we all know, stocks rise on the expectation and realization of increased earnings.

That doesn't mean those who are expecting increased earnings know anything.

[RodKnock]

Originally Posted by Al G

That doesn't mean those who are expecting increased earnings know anything.

Well, if "they" still own the stock (CSBI), then they definitely don't know anything.

And if you believe the recent stock price increase isn't tied to the announcement of the "Resurrection" Cobras, then I have a bridge to sell you. As I mentioned above, earnings realized drives stock prices. Only time will tell.

CSBI must continue to make money to keep the stock price afloat and keep CSBI a "going concern." So I'd expect more limited and special editions.

[twobjshelbys]

Originally Posted by RodKnock

Well, if "they" still own the stock (CSBI), then they definitely don't know anything.

And if you believe the recent stock price increase isn't tied to the announcement of the "Resurrection" Cobras, then I have a bridge to sell you. As I mentioned above, earnings realized drives stock prices. Only time will tell.

CSBI must continue to make money to keep the stock price afloat and keep CSBI a "going concern." So I'd expect more limited and special editions.

There must be a conspiracy, eh?

Well, CSBI is so thinly and infrequently traded with a 52 week range of .05 to .25 that no trend can be inferred. In fact, the last time it traded above .19 was on 14-Oct at .20...

I own some, and it's worth more printed on certificates since the artwork is quite nice.

[RodKnock]

Originally Posted by twobjshelbys

There must be a conspiracy, eh?

Well, CSBI is so thinly and infrequently traded with a 52 week range of .05 to .25 that no trend can be inferred. In fact, the last time it traded above .19 was on 14-Oct at .20...

I own some, and it's worth more printed on certificates since the artwork is quite nice.

I never said there was a "trend." Nor did I say there was a "conspiracy."

What I did say is that stock prices are driven by the expectation AND realization of earnings. The stock has risen 33% in the last two weeks. My point here is that stockholders are expecting good news about future earnings. Now CSBI will have to deliver profits on their operations in order to keep the stock price where it is and grow it, if possible.

Now I'm not sure if we'll ever know how much profit, if any, is derived from the 43 potential "Resurrection" Cobras.

[REAL 1]

If SAI stockholders don't know anything how is it that the stock rise is tied to the announcement of the "completion series"?

You can break the continuation series down into other categories also. You have early continuation cars of both aluminum and fiberglass produced in Las Vegas when Carroll was still alive. Then you have cars built outside of Las Vegas and then cars built after Carroll Shelby died.

How the pecking order will end up will be anybody's guess. I could make an argument that early continuation series Cobras coming straight from Shelby in Las Vegas with a lot of correct details from the factory such as Girling style brakes, suspension etc. would be considered high in the pecking order also. But who knows.

Point of this thread is that while Shelby Aimerican can refer to the new car as the completion series these cars are NOT Completion cars and they can't change the facts no matter how many original parts they use if it's not cobra with an original chassis built circa 1965.

Shelby can call thier cars whatever they want but one thing not even they can do is go back in history and change it.

I am also waiting for photographs of this first completion car. I'm sure after such an extended laborious build and effort to document all the original parts there must be an extensive photograph portfolio of the vehicle. I would like to see photographs of the engine compartment detailed photographs interior, trunk, underneath, all the nitty-gritty details etc.

[David Kirkham]

Originally Posted by REAL 1

Shelby can call thier cars whatever they want but one thing not even they can do is go back in history and change it.

Indeed. I really don't think Joe is in the business of embellishing history. He has no reason to. He was an extremely successful CEO on his own. He isn't interested in snake oil...he simply wants to build the Shelby brand by delivering nice product to their customers.

David

[RodKnock]

Originally Posted by REAL 1

How the pecking order will end up will be anybody's guess. I could make an argument that early continuation series Cobras coming straight from Shelby in Las Vegas with a lot of correct details from the factory such as Girling style brakes, suspension etc. would be considered high in the pecking order also. But who knows.

Point of this thread is that while Shelby Aimerican can refer to the new car as the completion series these cars are NOT Completion cars and they can't change the facts no matter how many original parts they use if it's not cobra with an original chassis built circa 1965.

I think your early CSX4000 is high in the pecking order for sure. Certainly higher than the later cars (4000's and 6000's) IMO. However, I would think the AC CSX1000's and these "Resurrection" Cobras will be higher than the early CSX4000's, for the simple reason their frame and body, plus the various OEM and repro bits, would/will make them even more accurate and more valuable than early CSX4000's. Additionally, by virtue of giving them the designation of CSX3000's, that also will bring a higher value. And I also think anything put together by the Kirkhams will be unmatched in quality. Period.

That's my initial read based upon limited info. However, I do agree with you that a CSX3000 designation is wrong. How about CSX3000.v2?

[rodneym]

David,
Why do some Cobras have the rollbar support on the rear bulkhead (like our KMPs and CSXs), and other don't (including some CSX Continuations and even the Completion Cobra).
Did some have them and others not?

[David Kirkham]

Originally Posted by rodneym

David,
Why do some Cobras have the rollbar support on the rear bulkhead (like our KMPs and CSXs), and other don't (including some CSX Continuations and even the Completion Cobra).
Did some have them and others not?

Originally the cars had a bracket/support which was a small length of 1 1/2 ID tubing with a 90 degree piece of steel (really angle iron) welded to it. This bracket bolted through the rear bulkhead to the 3/4" square tube which is visible in the trunk. The roll bar slides through this bracket when you put the roll bar in.

Why some cars don't have it I have no idea. It needs to be there to support the roll bar from collapsing in a roll over.

David

[rodneym]

Thanks, David.

BTW, there's a link to the Completion Cobra pics from the Shelby show, 5 posts up...^^^

[David Kirkham]

Great link! Like I said...I have been too busy to even follow what happened after it left here.

Not my favorite color of blue...but it is Guardsman Blue. It is what they were back in the day and I do like the color for that reason. Mike always cheats the color a bit and makes it a bit more blue and less green. He does fabulous work.

David

[fordracing65]

The car in the pictures has a different stance than most, it looks raised in the front and very low in back, maybe it's just the picture,

[David Kirkham]

Originally Posted by fordracing65

The car in the pictures has a different stance than most, it looks raised in the front and very low in back, maybe it's just the picture,

That's actually the original stance. We tweak our rake because I think it looks better with the front lower and the rear a bit higher.

David

[fordracing65]

Originally Posted by David Kirkham

That's actually the original stance. We tweak our rake because I think it looks better with the front lower and the rear a bit higher.

David

Thanks, looks great either way...what stance, rake, is best for street performance, is it the way you set up the Kirkham's...

[1ntCobra]

Originally Posted by David Kirkham

Great link! Like I said...I have been too busy to even follow what happened after it left here.

Not my favorite color of blue...but it is Guardsman Blue. It is what they were back in the day and I do like the color for that reason. Mike always cheats the color a bit and makes it a bit more blue and less green. He does fabulous work.

David

Oh man, it Guardsman Blue, but it is not really Guardsman Blue. How can this be so accurate, but not so accurate?

[David Kirkham]

Originally Posted by David Kirkham

Great link! Like I said...I have been too busy to even follow what happened after it left here.

Not my favorite color of blue...but it is Guardsman Blue. It is what they were back in the day and I do like the color for that reason. Mike always cheats the color a bit and makes it a bit more blue and less green. He does fabulous work.

David

Evan,

I should have been clearer in my earlier post. When I said "Not my favorite color of blue...but it is Guardsman Blue," I was referring to the "Great link" of the article on the car. Bill painted it the correct Guardsman blue. That said...there really isn't a correct Guardsman Blue. Painters back in the day were (and still are are) notorious for mixing up their own version of the color. If one toner was low I'm pretty sure Shelby painted away anyway.

EDIT!

I just got off the phone with the guys at DenBeste and they confirmed we did NOT make the car in the press release. The car we made hasn't been painted yet.

David

[maurice19]

David,

I`m sure glad to see you active on the forums again.

Your first hand insight is always appreciated, and the car looks great.

Maurice #318