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Author Topic: Sinar  (Read 8465 times)
schaubild
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« on: July 30, 2009, 01:20:39 AM »
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Sinar is on it's own. And without digital backs.


http://www.jenoptik.com/cps/rde/xchg/SID-2...l/4582_6824.htm

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Dustbak
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« Reply #1 on: July 30, 2009, 01:42:19 AM »
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A true vote of confidence this statement. It is a sustainably negative business so we cut it loose and let it 'survive' on its own. I guess this shows where Sinar is heading, if that is the case I hope they will be taken over and preferably not by Phase...  I am thinking Dalsa multishot technology and some pretty neat camera system technologies...

It would be a true pity if Sinar would just disappear.
« Last Edit: July 30, 2009, 01:46:26 AM by Dustbak » Logged
ThierryH
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« Reply #2 on: July 30, 2009, 03:10:52 AM »
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Sinar will continue.

Best regards,
Thierry

Quote from: Dustbak
It would be a true pity if Sinar would just disappear.
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Kumar
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« Reply #3 on: July 30, 2009, 04:30:24 AM »
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Quote from: ThierryH
Sinar will continue.

Best regards,
Thierry


With or without digital backs? The press release says "The business of SINAR AG will be continued outside Jenoptik." Is Sinar being sold? Management buyout?

Regards,
Kumar
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Dick Roadnight
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« Reply #4 on: July 30, 2009, 04:54:24 AM »
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Quote from: Kumar
With or without digital backs? The press release says "The business of SINAR AG will be continued outside Jenoptik." Is Sinar being sold? Management buyout?

Regards,
Kumar
The Sinar M system tries to rope everyone in to use all Sinar kit - and this might have it's advantages, as I use kit from about 6 manufacturers, and if  you have a system problem, it is always someone else's problem.

But you can use a P3 or P2 with a wide variety of backs and lenses.

It has been said before, but it would be nice if the MFD manufacturers stopped fighting themselves.
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Hasselblad H4, Sinar P3 monorail view camera, Schneider Apo-digitar lenses
E_Edwards
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« Reply #5 on: July 30, 2009, 06:17:29 AM »
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Pity about Sinar. I have four Sinar P2 cameras, I hope Sinar continues their business in some form. There are only so many of these digital medium format cameras that one company can sell, and those photographers who need them already have them.

Nowadays it's all web, websites, Internet, low res.  90% of the calls for new jobs I get are mostly web related that I could easily shoot with a 5D. I don't see a new generation of photographers needing large or medium format in big numbers. This was bound to happen.


Edward
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ThierryH
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« Reply #6 on: July 30, 2009, 06:29:59 AM »
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Edward,

see my post above.

Best regards,
Thierry

Quote from: E_Edwards
... I hope Sinar continues their business in some form.

Edward
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ThierryH
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« Reply #7 on: July 30, 2009, 06:54:14 AM »
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That's what I read from the Jenoptik press release:

"SINAR AG will continue to provide in full warranty and after-sales services for mid format camera system and market professional analog and digital specialist camera solutions."

Best regards,
Thierry

Quote from: schaubild
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ThierryH
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« Reply #8 on: July 30, 2009, 07:21:48 AM »
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Dear Kumar,

I believe that "SINAR AG will be continued outside Jenoptik" says it clearly, whatever the terms of this "outcoming" are. I guess that the Sinar company shall provide the information in due time, but don't expect anything before end of August or even September: it is holidays time.

Best regards,
Thierry

Quote from: Kumar
With or without digital backs? The press release says "The business of SINAR AG will be continued outside Jenoptik." Is Sinar being sold? Management buyout?

Regards,
Kumar
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schaubild
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« Reply #9 on: July 30, 2009, 07:55:19 AM »
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Quote from: ThierryH
...

 I guess that the Sinar company shall provide the information in due time, but don't expect anything before end of August or even September: it is holidays time.
...

When decisions like this are made, no one from the top management is going to holidays. Sinar can't be that stupid to leave a press release of this importance uncommented for one or two months.

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Dick Roadnight
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« Reply #10 on: July 30, 2009, 08:03:51 AM »
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Quote from: schaubild
When decisions like this are made, no one from the top management is going to holidays. Sinar can't be that stupid to leave a press release of this importance uncommented for one or two months.
I think the problem might be that the potential purchasers will be on holiday, possibly for the whole of August.
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Hasselblad H4, Sinar P3 monorail view camera, Schneider Apo-digitar lenses
gwhitf
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« Reply #11 on: July 30, 2009, 08:09:02 AM »
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Quote from: Dick Roadnight
I think the problem might be that the potential purchasers will be on holiday, possibly for the whole of August.

"Mildred, I think the company that my great-grandfather started is going down the tubes, but more importantly, have you seen my ski poles...?

Gotta love the tiny differences between American and European culture.
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yaya
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« Reply #12 on: July 30, 2009, 08:14:49 AM »
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Quote from: gwhitf
have you seen my ski poles...?

Very little snow left...more likely hiking, cycling or just baking on a beach somewhere:-)
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ThierryH
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« Reply #13 on: July 30, 2009, 08:20:37 AM »
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Nothing changes in the daily business.

When I said "holidays time" it was meant for the WHOLE European zone: no company would inform their dealers during this period of time. As an example, in Italy all businesses are completely closed, for the whole August.

Thierry

Thierry

Quote from: schaubild
Sinar can't be that stupid to leave a press release of this importance uncommented for one or two months.
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ThierryH
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« Reply #14 on: July 30, 2009, 08:23:56 AM »
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Quote from: yaya
Very little snow left...more likely hiking, cycling or just baking on a beach somewhere:-)
hi Yair,

I have to "contradict" you: from my apartment window where I am sitting I can clearly see the snow on the top of the swiss mountains and by clear weather, in the far south.

 

Best,
Thierry
« Last Edit: July 30, 2009, 08:55:39 AM by ThierryH » Logged

Dustbak
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« Reply #15 on: July 30, 2009, 08:39:39 AM »
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Whatever is going to happen. The current owner doesn't have faith in it anymore and is letting go of it because it only racks up losses without sight on future profits. These are not my words but what the owner is stating in a public press release. It seems the people that need to cough up the money don't want to do so anymore. It makes losses and is now on its own sofar no other financing has been reported. Jenoptik is so keen on getting rid of Sinar it is willing to let it go in what is probably one of the worst periods in time to divest assets. If Jenoptik would see just a glimpse of recovery my guess is they wait, hold on to it and sell it later for a better price or here is a concept; have a subsidiary that delivers them a profit.

Again, a deafening silence from a company that appears to be in turmoil. There seems to be a trend of sand and heads which doesn't bode well most of the time.

As much as I hope you are right Thierry, the way it currently looks is not good.
« Last Edit: July 30, 2009, 08:40:38 AM by Dustbak » Logged
ThierryH
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« Reply #16 on: July 30, 2009, 08:52:50 AM »
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I wouldn't comment here, wouldn't I be sure of what I am saying (including the snow on the mountains!).

Sure enough, Jenoptik want(ed) to get rid of Sinar: shareholders are not often very patient (see also Kodak) and it was never Jenoptik's core business. Sure enough, the time is the worse ever.
But sure enough also, there are a "few" things that will probably change at Sinar, in their new business, IMO for the better.

Best regards,
Thierry

Quote from: Dustbak
As much as I hope you are right Thierry, the way it currently looks is not good.
« Last Edit: July 30, 2009, 08:58:42 AM by ThierryH » Logged

TorbenEskerod
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« Reply #17 on: July 30, 2009, 09:34:29 AM »
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Quote from: ThierryH
Nothing changes in the daily business.

When I said "holidays time" it was meant for the WHOLE European zone: no company would inform their dealers during this period of time. As an example, in Italy all businesses are completely closed, for the whole August.

Thierry

Thierry



I have to contradict you there - Denmark and Sweden (Phase and Hasselblad) are officially back from holiday Monday August 3.
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rainer_v
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« Reply #18 on: July 30, 2009, 09:54:22 AM »
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Quote from: TorbenEskerod
I have to contradict you there - Denmark and Sweden (Phase and Hasselblad) are officially back from holiday Monday August 3.

and it wouldnt have been a bad idea as well if jenoptik waited with its annoucement to the moment when sinar finds the time to  talk at the same how its going on.
« Last Edit: July 30, 2009, 09:55:17 AM by rainer_v » Logged

rainer viertlböck
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tho_mas
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« Reply #19 on: July 30, 2009, 10:03:46 AM »
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Quote from: ThierryH
But sure enough also, there are a "few" things that will probably change at Sinar, in their new business, IMO for the better.
Thierry, it's nice that you share your opinion and I think a lot of people here trust you.
But all we know officially is that...
- F&H is closed
- Phase is not committed to produce the AFi
- Jenoptik withdraws from the MFDB market
- Sinar has to chance it seperate

I hope Sinar will stay in the market at least as a small, fine camera maker providing products for all plattforms as Linhof, Arca Swiss, Cambo, Horseman (...) do.
The arTec is possibly their dead pledge and I hope it sells well enough to keep the company. Still a very small market.
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