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Be sure to read this post! Beware of scammers. https://www.indianagunowners.com/threads/classifieds-new-online-payment-guidelines-rules-paypal-venmo-zelle-etc.511734/
The CZickness XLII looking towards the FGE
- Thread starter churchmouse
- Start date
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I forgot about his character in that movie. Hilarious. I just watched him in Toy Soldiers. Sean Astin is underrated.
I now have a new term to use for having a beer. In fact, I could use a rehydration treatment right now
I'm putting all of you FGE miscreants on notice. Bring plenty of cash.
Noveske 5.56 AR @ 200 yards
And at 300 yards.
The Howa still has potential despite an unexpected shooter error today. My two crappy groups are due to shooting from a bench for the first time in quite awhile and my finger coming off the trigger under recoil. I did not have that issue on Saturday shooting from prone. The 2 bad groups aside, I'd say it's on par with the Noveske at 300 yards.
I won't post my pictures of the 457's groups at 300 yards, since we'd have to ask NASA to measure them for me. I got my elevation figured out at that distance, but anything respectable for groups was not going to happen. Wind and bullet velocity changes were too much for me today. I got the elevation recorded and I'll humbly go back to the 200 yard line now.
Noveske 5.56 AR @ 200 yards
And at 300 yards.
The Howa still has potential despite an unexpected shooter error today. My two crappy groups are due to shooting from a bench for the first time in quite awhile and my finger coming off the trigger under recoil. I did not have that issue on Saturday shooting from prone. The 2 bad groups aside, I'd say it's on par with the Noveske at 300 yards.
I won't post my pictures of the 457's groups at 300 yards, since we'd have to ask NASA to measure them for me. I got my elevation figured out at that distance, but anything respectable for groups was not going to happen. Wind and bullet velocity changes were too much for me today. I got the elevation recorded and I'll humbly go back to the 200 yard line now.
I knew you should have bought 6.5 creedmoor....that 308 recoil can be rough.
So I have less than two weeks to break in the 6.5 and develop a load for it and doc says no centerfire guns...great...just great....(Yes, this is called making excuses in advance).
Nice shooting though. That Howa is sure a performer and I KNOW that the Noveske has always been a lights out gun.
Just a reminder for the FGE.
Benchrest 22 rifle: 50 and 100 yards. Maybe 25 and 75 too. Lollipops and KYL.
22 Pistol: 15 and maybe 25 yards.
Centerfire pistol: 50 yards
Centerfire Rifle: 100/200/400
Benchrest 22 rifle: 50 and 100 yards. Maybe 25 and 75 too. Lollipops and KYL.
22 Pistol: 15 and maybe 25 yards.
Centerfire pistol: 50 yards
Centerfire Rifle: 100/200/400
I'm putting all of you FGE miscreants on notice. Bring plenty of cash.
Noveske 5.56 AR @ 200 yards
View attachment 158171
And at 300 yards.
View attachment 158172
The Howa still has potential despite an unexpected shooter error today. My two crappy groups are due to shooting from a bench for the first time in quite awhile and my finger coming off the trigger under recoil. I did not have that issue on Saturday shooting from prone. The 2 bad groups aside, I'd say it's on par with the Noveske at 300 yards.
View attachment 158173
I won't post my pictures of the 457's groups at 300 yards, since we'd have to ask NASA to measure them for me. I got my elevation figured out at that distance, but anything respectable for groups was not going to happen. Wind and bullet velocity changes were too much for me today. I got the elevation recorded and I'll humbly go back to the 200 yard line now.
I held my Bergara up to the 'puter screeen, and said "look here .... this is what our competition is doin".
That Italian stallion answered, and said: "no worries, MM, I'm a one-hole wonder"
Last edited:
Czech gunmaker bets on riding Colt into new markets
PRAGUE, Sept 13 (Reuters) - For Czech gun maker CZG-Ceska Zbrojovka Group (CZG.PR), its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name.
Shares of CZG, which listed on the stock market last October, have surged 60% in Prague this year as investors welcomed solid revenue growth and the company's $222 million purchase of privately-held Colt Holding Company - a deal finalised in May that will make CZG a competitor for U.S. leaders such as Smith & Wesson (SWBI.O) and Sturm, Ruger & Company (RGR.N).
Colt, with plants in the United States and Canada, will give CZG the capacity to expand production beyond its main factory in the Czech Republic and allow it to compete in U.S. military contracts because it will fulfil "Buy America" regulations requiring U.S. production.
CZG says it aims to almost double CZG and Colt's pro-forma combined revenue of around $570 million last year within a few years - putting it on a par with Smith & Wesson's annual net sales of $1.1 billion in the last fiscal year.
"Colt is an important step in realising our vision of getting to 1 billion (euros) in revenue by the end of 2025," CZG's Chairman Jan Drahota told Reuters in an interview at the company's Prague headquarters. "We ... will be thinking how to make sure the brand is even bigger than it is now and introduce it to wider (markets). "It is a privilege, but it is also pressure on us," he said.
By 2015 Colt company was filing for bankruptcy protection following a series of missteps and the loss of a key contract with the U.S. Army.
Those issues allowed rivals to steal a march on Colt, although it emerged from bankruptcy in 2016 and revenue rose by a quarter last year.
UNDERINVESTMENT
CZG, which used IPO proceeds and issued bonds to help finance the Colt deal, will outline investment plans later this year. They will include possibly introducing new products and investing in upgrades at Colt's main factory in West Hartford, Connecticut, Drahota said.
Upgrades will also mean "essentially an enlargement of capacity because of underinvestment in the past," he said.
CZG is also considering whether to produce some CZG products in the United States, he said, adding there is little overlap with Colt products.
"We have to consider from a group level what ... the production split will be at each location," he said. "One plus one is more than two. We believe we can leverage on each other's success."
About half of Colt's revenues in 2020 came from the massive U.S. military and law enforcement (M&LE) segment and Drahota said he saw "huge room" to grow the brand in global civilian and M&LE markets.
Global demand for small firearms is expected to rise from around 1.09 billion units in 2019 to 1.26 billion units in 2023, CZG said in its annual report, citing the BIS Small Arms Market Report, with the civilian market now accounting for 62% of sales and military and law enforcement 38%.
The market's good growth prospects have helped drive shares of Smith & Wesson and Sturm, Ruger & Co. up 21% and 16% respectively this year.
CZG, whose operating profit rose 12% last year, has until now mainly competed with European groups like FN Herstal of Belgium, Beretta of Italy and Glock Gesellschaft of Austria and struck deals last year with the Czech Army and law enforcement bodies in Brazil and Kenya, as well as contracts to help rearm Hungary's army.
Buying Colt will also give it exposure to the UK and Canadian militaries, among others, and Drahota said the market will continue to shift to more advanced weapons as demanded by military customers. CZG, which last year took a minority stake in Spuhr i Dalby AB, a Swedish maker of optical mounting solutions for weapons, would also look at further acquisitions, especially in areas like optics or optoelectronics.
"We want to grow by acquisitions but we will be disciplined," Drahota said.
PRAGUE, Sept 13 (Reuters) - For Czech gun maker CZG-Ceska Zbrojovka Group (CZG.PR), its recent acquisition of the Colt brand carries both the potential to become a major player in the global firearms market and the challenge of reviving the fortunes of a fabled U.S. name.
Shares of CZG, which listed on the stock market last October, have surged 60% in Prague this year as investors welcomed solid revenue growth and the company's $222 million purchase of privately-held Colt Holding Company - a deal finalised in May that will make CZG a competitor for U.S. leaders such as Smith & Wesson (SWBI.O) and Sturm, Ruger & Company (RGR.N).
Colt, with plants in the United States and Canada, will give CZG the capacity to expand production beyond its main factory in the Czech Republic and allow it to compete in U.S. military contracts because it will fulfil "Buy America" regulations requiring U.S. production.
CZG says it aims to almost double CZG and Colt's pro-forma combined revenue of around $570 million last year within a few years - putting it on a par with Smith & Wesson's annual net sales of $1.1 billion in the last fiscal year.
"Colt is an important step in realising our vision of getting to 1 billion (euros) in revenue by the end of 2025," CZG's Chairman Jan Drahota told Reuters in an interview at the company's Prague headquarters. "We ... will be thinking how to make sure the brand is even bigger than it is now and introduce it to wider (markets). "It is a privilege, but it is also pressure on us," he said.
By 2015 Colt company was filing for bankruptcy protection following a series of missteps and the loss of a key contract with the U.S. Army.
Those issues allowed rivals to steal a march on Colt, although it emerged from bankruptcy in 2016 and revenue rose by a quarter last year.
UNDERINVESTMENT
CZG, which used IPO proceeds and issued bonds to help finance the Colt deal, will outline investment plans later this year. They will include possibly introducing new products and investing in upgrades at Colt's main factory in West Hartford, Connecticut, Drahota said.
Upgrades will also mean "essentially an enlargement of capacity because of underinvestment in the past," he said.
CZG is also considering whether to produce some CZG products in the United States, he said, adding there is little overlap with Colt products.
"We have to consider from a group level what ... the production split will be at each location," he said. "One plus one is more than two. We believe we can leverage on each other's success."
About half of Colt's revenues in 2020 came from the massive U.S. military and law enforcement (M&LE) segment and Drahota said he saw "huge room" to grow the brand in global civilian and M&LE markets.
Global demand for small firearms is expected to rise from around 1.09 billion units in 2019 to 1.26 billion units in 2023, CZG said in its annual report, citing the BIS Small Arms Market Report, with the civilian market now accounting for 62% of sales and military and law enforcement 38%.
The market's good growth prospects have helped drive shares of Smith & Wesson and Sturm, Ruger & Co. up 21% and 16% respectively this year.
CZG, whose operating profit rose 12% last year, has until now mainly competed with European groups like FN Herstal of Belgium, Beretta of Italy and Glock Gesellschaft of Austria and struck deals last year with the Czech Army and law enforcement bodies in Brazil and Kenya, as well as contracts to help rearm Hungary's army.
Buying Colt will also give it exposure to the UK and Canadian militaries, among others, and Drahota said the market will continue to shift to more advanced weapons as demanded by military customers. CZG, which last year took a minority stake in Spuhr i Dalby AB, a Swedish maker of optical mounting solutions for weapons, would also look at further acquisitions, especially in areas like optics or optoelectronics.
"We want to grow by acquisitions but we will be disciplined," Drahota said.
This is an ambitious projection.
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