Is KTM in financial trouble?
- mangocrazy
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Is KTM in financial trouble?
This guy seems to think so. I have no idea of his background or if he is a reliable source (or not), but some of the sales and share price figures he mentions are pretty scary (57% drop in share price, value of the company declining from $3 billion to $1 billion). What do you think?
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- mangocrazy
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Re: Is KTM in financial trouble?
This the Pierer Mobility group's share price over 5 years...
There was a big Covid-induced drop in 2020, but the decline in 2023 and 2024 is a worry.
There was a big Covid-induced drop in 2020, but the decline in 2023 and 2024 is a worry.
There is no cloud, just somebody else's computer.
- Count Steer
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Re: Is KTM in financial trouble?
Time to buy!!mangocrazy wrote: ↑Mon Aug 26, 2024 12:27 pm This the Pierer Mobility group's share price over 5 years...
Pierer_Mobility.JPG
There was a big Covid-induced drop in 2020, but the decline in 2023 and 2024 is a worry.
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But certainty is an absurd one.
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- Skub
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Re: Is KTM in financial trouble?
You'd think if KTM were in trouble,then Motogp participation would be cancelled. They still seem to be spending their arses off without any sign of pulling their horns in.
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- mangocrazy
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Re: Is KTM in financial trouble?
From what I understand, Red Bull provide most (if not all) of the MotoGP spend, so as long as RB keep putting up the money, KTM keep racing. It's notable that there won't be GasGas branding in MotoGP next year though.
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Re: Is KTM in financial trouble?
Its a shame if they are as they've made some of the best street bikes out there, but at the same time it serves them right if people have abandoned them as their bikes aren't exactly known for reliability and their customer service is legendary for all the wrong reasons. I'd rather they survived fwiw...
- mangocrazy
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Re: Is KTM in financial trouble?
I'd hate to see them go under (although frankly I doubt that would happen), but their approach to customer care with regards to recent 790/890 camshaft problems does seem pretty cavalier. You can get away with stuff like that in the short term, but in the longer term it will bite you hard in the arse.
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Re: Is KTM in financial trouble?
Weeksy needs to bulk buy right away.
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- Count Steer
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Re: Is KTM in financial trouble?
Nah. Hang on for the bankrupt stock sale.
Hmm. If they do go down the tubes who might swoop in and buy the company on the cheap? Another bike company or the usual asset strippers in fund management? Chinese? Indians?
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But certainty is an absurd one.
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- ChrisW
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Re: Is KTM in financial trouble?
CFMoto already have a small percentage...Count Steer wrote: ↑Mon Aug 26, 2024 5:53 pmNah. Hang on for the bankrupt stock sale.
Hmm. If they do go down the tubes who might swoop in and buy the company on the cheap? Another bike company or the usual asset strippers in fund management? Chinese? Indians?
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Re: Is KTM in financial trouble?
Which they could probably make bigger quite quickly I guess. Although the China economy is a bit wibbly at the moment. I'm sure the brand will survive one way or another though.ChrisW wrote: ↑Mon Aug 26, 2024 6:04 pmCFMoto already have a small percentage...Count Steer wrote: ↑Mon Aug 26, 2024 5:53 pmNah. Hang on for the bankrupt stock sale.
Hmm. If they do go down the tubes who might swoop in and buy the company on the cheap? Another bike company or the usual asset strippers in fund management? Chinese? Indians?
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
But certainty is an absurd one.
Voltaire
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Re: Is KTM in financial trouble?
Forget the Chinese,watch out for the Indians,according to that video,Bajaj are in the background & this is from 3 years back.
https://www.advrider.com/pierer-bajaj-r ... na-gasgas/
https://www.advrider.com/pierer-bajaj-r ... na-gasgas/
- KungFooBob
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Re: Is KTM in financial trouble?
"Be kind to past versions of yourself that didn't know what you know now."
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- mangocrazy
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Re: Is KTM in financial trouble?
Says the GasGas owner...
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Re: Is KTM in financial trouble?
More indicative of the trade on the whole right now I'd say... Of course mine isn't an expert opinion, nor do I have any real insider information, but I do know that pretty much everyone is struggling in the motorbike trade right now, and that an over-inflated share price from 2022 when the world had been busy spending it's expendable cash on luxury goods rather than travel for the best part of 2yrs straight, means very little now given a current market correction.mangocrazy wrote: ↑Mon Aug 26, 2024 12:27 pm This the Pierer Mobility group's share price over 5 years...
Pierer_Mobility.JPG
There was a big Covid-induced drop in 2020, but the decline in 2023 and 2024 is a worry.
For sure though, the cavalier attitude to the 790/890 cam wear issues will have hurt them, but beyond that, KTM's brand reputation is stronger than ever reliability wise and their dealers continue to move good volumes of bikes, even if they are often at the mercy of KTM's constantly moving expected purchase prices on new bikes...
- Scotsrich
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Re: Is KTM in financial trouble?
Ouch.
He does quite a few miles, going to Shetland in a few weeks and the continent shortly after that.
He’s a real fanboy.
Actually if my wife gives up pillion and I need a lighter bike a nice 890 or similar would appeal greatly to me.