KTM to file for Bankruptcy/ Self Restructuring on Friday

stillwelding
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Edited Date/Time 11/26/2024 6:57am

https://www.derstandard.at/story/3000000246592/motorradhersteller-ktm-steht-vor-insolvenz-sanierung-geplant

You will need to use something like Google Translator, or just open in Google Chrome.

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JMX82
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11/26/2024 7:17am Edited Date/Time 11/26/2024 7:20am

I didn't realize that the situation was that bad already. Pierer Mobility stock price is falling like a rock . I hope they can save the company

Screenshot 2024-11-26-17-15-37-01 40deb401b9ffe8e1df2f1cc5ba480b12.jpg?VersionId=a1wz1Ht

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MxAddic
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11/26/2024 7:18am

Stock gone, Pierer gone...

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bvm111
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11/26/2024 7:22am

time to buy some stock

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MxAddic
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11/26/2024 7:24am
bvm111 wrote:

time to buy some stock

I don't think you understand how it works.

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29

The Shop

11/26/2024 7:25am

That's not good......

bvm111
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11/26/2024 7:27am
bvm111 wrote:

time to buy some stock

MxAddic wrote:

I don't think you understand how it works.

I’m very well aware how it works … thanks for your concern! 

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Beagle
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11/26/2024 7:30am

Black Friday: get your 450 SXF for $5k, limited time offer, only while supply lasts.

Kidding aside, this sucks.

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bigk218
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11/26/2024 7:30am

How does this even happen?

1
11/26/2024 7:37am
bigk218 wrote:

How does this even happen?

Spreading themselves too thin, mostly.

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3strokemx
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11/26/2024 7:40am

Lewis is rushing to the bank to deposit the check from his puff piece...............  LOL Just kidding

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sam hain
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11/26/2024 7:45am Edited Date/Time 11/26/2024 7:46am

I wonder how this will affect new bike prices? They sure threw the kitchen sink at the 25 MY line up with the special editions going across several model lines for Husky and KTM.

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soggy
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11/26/2024 7:47am
MxAddic wrote:

Stock gone, Pierer gone...

lol just yesterday you thought they got funding cause it pumped $3 😂😂 

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WDSRCR
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11/26/2024 7:47am
sam hain wrote:
I wonder how this will affect new bike prices? They sure threw the kitchen sink at the 25 MY line up with the special editions going...

I wonder how this will affect new bike prices? They sure threw the kitchen sink at the 25 MY line up with the special editions going across several model lines for Husky and KTM.

One of those 350XCF Factory Editions would sure look good in my garage. I can't believe they put the cone valves on the 300XCW and not the 350XCF though.

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11/26/2024 7:48am
bvm111 wrote:

time to buy some stock

MxAddic wrote:

I don't think you understand how it works.

bvm111 wrote:

I’m very well aware how it works … thanks for your concern! 

How do we buy stock at this point and make money? I don't know shit about this .

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SonofThor32
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11/26/2024 7:48am
bigk218 wrote:

How does this even happen?

Spreading themselves too thin, mostly.

Perhaps spending themselves too thin?  (honest question).  I know they have dabbled into hypercars, sports bikes, maybe stretched too far from their core business.  They built a new headquarters in CA too that I guess was no expense spared, seems like a whole lot of spending at a time the economy was being guided the other direction.

In all cases, leadership is to blame, it is the joy of making big bucks and big decisions.

 

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soggy
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11/26/2024 7:51am

How do we buy stock at this point and make money? I don't know shit about this .

The idea would be that if you believe ktm will ultimately be successful buying the stock at low levels like this and holding for long term (years) it will go back up. It’s a risky play and the stock is likely going lower before it goes higher. 

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MxAddic
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11/26/2024 7:53am
soggy wrote:

lol just yesterday you thought they got funding cause it pumped $3 😂😂 

"or think they have."

You are a box of rocks son.

33
MxAddic
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11/26/2024 7:55am
MxAddic wrote:

I don't think you understand how it works.

bvm111 wrote:

I’m very well aware how it works … thanks for your concern! 

How do we buy stock at this point and make money? I don't know shit about this .

Bro don't listen to these vitards. The stock is going to zero.

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soggy
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11/26/2024 7:56am
soggy wrote:

lol just yesterday you thought they got funding cause it pumped $3 😂😂 

MxAddic wrote:

"or think they have."

You are a box of rocks son.

And you are incapable of humility.

Who thought they had funding?  KTM? The general public?  You clearly don’t know what your talking about. 

8
MxAddic
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11/26/2024 7:58am
soggy wrote:

lol just yesterday you thought they got funding cause it pumped $3 😂😂 

MxAddic wrote:

"or think they have."

You are a box of rocks son.

soggy wrote:

And you are incapable of humility.

Who thought they had funding?  KTM? The general public?  You clearly don’t know what your talking about. 

The folks buying the stock up 30% in one day on average volume.

LMMFAO!

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bierbower105
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11/26/2024 7:58am

What does this mean here in the states?

 

Layoffs?

Dealers?

Parts?

Contingency?

Race teams? 


 

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11/26/2024 8:01am

How do we buy stock at this point and make money? I don't know shit about this .

soggy wrote:
The idea would be that if you believe ktm will ultimately be successful buying the stock at low levels like this and holding for long term...

The idea would be that if you believe ktm will ultimately be successful buying the stock at low levels like this and holding for long term (years) it will go back up. It’s a risky play and the stock is likely going lower before it goes higher. 

Yes, KTM will rebound. What happens to the existing stock after BK? Does BK wipe out the value of the stock?

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MxAddic
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11/26/2024 8:04am
bigk218 wrote:

How does this even happen?

Spreading themselves too thin, mostly.

Serious mismanagement from the top down. I have a feeling there is more dirt under the carpet.

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5
Paul333
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11/26/2024 8:06am Edited Date/Time 11/26/2024 8:07am

Please correct me if I am wrong but isn't this PGM's stock dropping, who are KTM's major shareholder causing the issue?

Not Pierer Mobility/KTM itself...they are a victim. 

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soggy
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11/26/2024 8:08am
MxAddic wrote:

"or think they have."

You are a box of rocks son.

soggy wrote:

And you are incapable of humility.

Who thought they had funding?  KTM? The general public?  You clearly don’t know what your talking about. 

MxAddic wrote:

The folks buying the stock up 30% in one day on average volume.

LMMFAO!

Interesting, because right here you imply the they is ktm.

 

IMG 1701 0.png?VersionId=CJ4u1GI6P7SiXzCm6OUrd

 

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Pop Shmoke
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11/26/2024 8:12am

Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm… it brings back up the same question Ive had forever. Why do these companies always feel the need to make massive changes to platforms that are working great? Before the most recent redesign ktm had been doing years and years of smart refinement to the platform. Every year they were tweaking a little here, shaving a little there, adjusting a couple mm here. Then when all of it has really truly paid off and their bike is at absolute peak form they tear up everything, throw it in the trash, and introduce a whole new frame. 

It seems like these brands are changing things just to say they changed things. Its biting them in the ass though. Keefer just showed a few months ago that most ppl actually like the 07 crf the best. Maybe they should only be changing the things that need to be changed like making more power. If the public demands a refresh they can always redesign the plastics. Think of how much it costs ktm to redesign everything for the new bike. They have to change the entire production line. All of that money lost to end up with a worse bike. Maybe just like the phone upgrade yearly cycle no longer makes sense the needing the brands to completely change everything every few years makes no sense. This obviously isnt the reason why ktm is going bankrupt, but theyre going to have to fix a lot of problems and the production line is definitely going to be a part of that. 

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GrapeApe
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11/26/2024 8:15am

How do we buy stock at this point and make money? I don't know shit about this .

soggy wrote:
The idea would be that if you believe ktm will ultimately be successful buying the stock at low levels like this and holding for long term...

The idea would be that if you believe ktm will ultimately be successful buying the stock at low levels like this and holding for long term (years) it will go back up. It’s a risky play and the stock is likely going lower before it goes higher. 

Yes, KTM will rebound. What happens to the existing stock after BK? Does BK wipe out the value of the stock?

In the US the stock can be maintained, converted, cancelled, any number of things depending on what happens with the corporate structure under reorganization. I have no idea what happens in Europe, but probably something similar. Minor shareholders are along for the ride, maybe you come out the other side or maybe you are left with blank paper.

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JMX82
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11/26/2024 8:19am Edited Date/Time 11/26/2024 8:39pm
Pop Shmoke wrote:
Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm...

Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm… it brings back up the same question Ive had forever. Why do these companies always feel the need to make massive changes to platforms that are working great? Before the most recent redesign ktm had been doing years and years of smart refinement to the platform. Every year they were tweaking a little here, shaving a little there, adjusting a couple mm here. Then when all of it has really truly paid off and their bike is at absolute peak form they tear up everything, throw it in the trash, and introduce a whole new frame. 

It seems like these brands are changing things just to say they changed things. Its biting them in the ass though. Keefer just showed a few months ago that most ppl actually like the 07 crf the best. Maybe they should only be changing the things that need to be changed like making more power. If the public demands a refresh they can always redesign the plastics. Think of how much it costs ktm to redesign everything for the new bike. They have to change the entire production line. All of that money lost to end up with a worse bike. Maybe just like the phone upgrade yearly cycle no longer makes sense the needing the brands to completely change everything every few years makes no sense. This obviously isnt the reason why ktm is going bankrupt, but theyre going to have to fix a lot of problems and the production line is definitely going to be a part of that. 

I think the latest changes to KTM frame was made to cut the production costs. The money counters always want to reduce the production costs to make more profit and marketing's job is to sell the changes as an improvements for the customers. It's a never ending cycle...

11
soggy
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11/26/2024 8:22am
Pop Shmoke wrote:
Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm...

Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm… it brings back up the same question Ive had forever. Why do these companies always feel the need to make massive changes to platforms that are working great? Before the most recent redesign ktm had been doing years and years of smart refinement to the platform. Every year they were tweaking a little here, shaving a little there, adjusting a couple mm here. Then when all of it has really truly paid off and their bike is at absolute peak form they tear up everything, throw it in the trash, and introduce a whole new frame. 

It seems like these brands are changing things just to say they changed things. Its biting them in the ass though. Keefer just showed a few months ago that most ppl actually like the 07 crf the best. Maybe they should only be changing the things that need to be changed like making more power. If the public demands a refresh they can always redesign the plastics. Think of how much it costs ktm to redesign everything for the new bike. They have to change the entire production line. All of that money lost to end up with a worse bike. Maybe just like the phone upgrade yearly cycle no longer makes sense the needing the brands to completely change everything every few years makes no sense. This obviously isnt the reason why ktm is going bankrupt, but theyre going to have to fix a lot of problems and the production line is definitely going to be a part of that. 

Ribbing off your first part, anytime a rider gets a new bike they talk about how much better it is.

But the answer to your questions is consumerism. We want change. And after a few years we want to see something new. It’s why the Suzukis don’t sell anymore cause they don’t change. 

6
DB505
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11/26/2024 8:22am
Pop Shmoke wrote:
Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm...

Hearing now that the lawrences are having a hard time with the frame on the new crf and seeing how basically everyone hates the new ktm… it brings back up the same question Ive had forever. Why do these companies always feel the need to make massive changes to platforms that are working great? Before the most recent redesign ktm had been doing years and years of smart refinement to the platform. Every year they were tweaking a little here, shaving a little there, adjusting a couple mm here. Then when all of it has really truly paid off and their bike is at absolute peak form they tear up everything, throw it in the trash, and introduce a whole new frame. 

It seems like these brands are changing things just to say they changed things. Its biting them in the ass though. Keefer just showed a few months ago that most ppl actually like the 07 crf the best. Maybe they should only be changing the things that need to be changed like making more power. If the public demands a refresh they can always redesign the plastics. Think of how much it costs ktm to redesign everything for the new bike. They have to change the entire production line. All of that money lost to end up with a worse bike. Maybe just like the phone upgrade yearly cycle no longer makes sense the needing the brands to completely change everything every few years makes no sense. This obviously isnt the reason why ktm is going bankrupt, but theyre going to have to fix a lot of problems and the production line is definitely going to be a part of that. 

Witch all drives the price up 

3

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