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Only $10 for all 2026 SX, MX, and SMX series.
Pretty sure on the Swiss exchange. It's not a simple stock to buy for US investors. I considered a buy until I found out how tough it is to buy/sell with any speed. I'll stick with catching falling knives on the NASDAQ or Dow.
If I owned a KTM, should I be worried about spare parts availability?
KTM/Husky/GG Riders: What the hell are these?
Pit:
Ok thanks for the clarification 👍
I bought worldcom penny stocks thinking it might come out of it since it was so big. Thought maybe govt intervention. Lost $ and vowed to never do that again. I was at the time licensed in 6 and 66, so I knew the risk. But hoped for the once in a lifetime win. Companies this small, seems like even less of a chance, for those thinking about buying.
The Shop
DeCal Works Huge Plastic Inventory of UFO and Polisport kits.
Luxon 4-Post Bar Mounts
$189.95 - $239.95
Those are the facts for US based stocks, but Hammer is right. Those are not the facts for EU companies.
They play by different rules (and facts) of which I don't have any knowledge on...We need facts about EU listed stock.
I'd like to know who down votes posts that seem like they have no real opinion etc? Seems weird to me. Just sayin.
I would be waiting at least 6-12 months and seeing what happens here before considering an investment. There is plenty of opportunity to grab it on an upswing considering how far it has fell. But they need to get on stable footing first.
Yeah and given the fact that it's an Austrian/Chinese company, listed on the Swiss exchange, and declaring bankruptcy under EU law, the risk massively multiplies for us.
I did Supermicro 10 days ago at $17.50 and sold yesterday at $38. Made enough to rent gear for a week to rebuild my track. Rolled the dice, got lucky. YMMV.
I'd be more interested in buying off parts like gasgas. Maybe make a deal on something like a 2022 frame and maybe other older things that would be a good base line start point. Get ev bicycles too. I feel like there is potential in some things, instead of just going so big like they did.
Maybe Rog will get laid off🤷♂️
$12,949
I think part of the problem is the aux brands they have don't really hold value on their own. Who's going to pay much for the name Gas Gas? Cause that's all your buying.. ok maybe you can get the previous model from them to sell fort a few years, who's going to want to buy that? then you've got to come up with your own design. Not sure if its true but someone said KTM was still paying royalties on the Husky name.
Rights to previous Gas Gas off road models were already sold to Rieju.
Probably some nervous sports agents this morning. This sucks, I'm friends with some of those guys.
Per ChatGPT
U.S. Bankruptcy Protection
Legal Framework: Governed by federal law, primarily the U.S. Bankruptcy Code.
Common Procedures:
Chapter 11: Allows companies to restructure their debts and continue operations while developing a reorganization plan. Often used by larger companies.
Chapter 7: Involves liquidation, where a company ceases operations and its assets are sold to pay creditors.
Court Involvement: Bankruptcy proceedings are centralized under specialized bankruptcy courts, which have extensive oversight of the process.
Creditor Hierarchy: Creditors are prioritized:
Secured creditors (e.g., those with collateral).
Unsecured creditors.
Equity holders (e.g., shareholders).
Automatic Stay: Filing for bankruptcy triggers an automatic stay, halting most creditor actions like lawsuits or foreclosures.
Debtor-in-Possession (DIP): In Chapter 11, the debtor often retains control of operations while restructuring under court supervision.
EU Bankruptcy Protection
Legal Framework: Bankruptcy laws vary by country but are influenced by EU directives, such as the EU Restructuring and Insolvency Directive (2019/1023). The Directive promotes early intervention and restructuring.
Common Procedures:
Preventive Restructuring Frameworks: Allows companies to restructure debts without full insolvency proceedings.
Liquidation Proceedings: For companies deemed unsalvageable, assets are liquidated to repay creditors.
National Variances: Each EU country has its own insolvency laws (e.g., the UK’s Administration, Germany’s Insolvency Code, France’s Redressement Judiciaire).
Court Involvement: Less centralized than in the U.S.; local courts play a role, but procedures aim to minimize full-blown court intervention.
Creditor Hierarchy: Similar to the U.S., with secured creditors generally prioritized.
Automatic Stay: EU laws encourage the use of an automatic stay during restructuring but with specific time limits (usually up to 4 months).
Role of Management: In some systems (e.g., France), management retains significant control; in others (e.g., Germany), an administrator may take over.
Key Differences
Uniformity: U.S. bankruptcy is more uniform across states, while EU laws vary significantly by country.
Debtor Control: U.S. Chapter 11 offers significant control to the debtor, whereas EU systems may assign administrators to manage the process.
Focus on Restructuring: EU laws, especially post-Directive, prioritize early intervention and avoiding liquidation. The U.S. also emphasizes restructuring but offers liquidation options under Chapter 7.
Speed: EU proceedings often aim for quicker resolutions compared to the sometimes lengthy Chapter 11 processes in the U.S
For instance, I'd personally like to have their 2022 version of 2 strokes and their ev bicycles. I have an engine design, and feel that the frame doesn't have to be updated as much as all these companies do. Find a great year and then work on suspension and engine. What if suspension was made by Fox? Or another out of the box company. We have grown up with specific companies that rule over everything. But does that mean they're the best that could be? I'm probably just going to start with the motor only, but it would be cool to start above 0. Even if it's starting at 1 or 2 out of 10. It's above 0.
then you get the reputation suzuki has
Pit Row
I disagree in some ways. Suzuki has not even updated a starter. Had they kept the same frame and updated engine and suspension, they'd be thought of differently. Jmho
https://racerxonline.com/2024/11/26/ktm-parent-company-pierer-mobility-declares-itself-insolvent
No more questions your honor...
Dealers are always the last to know
"Its parent, Pierer Industrie AG, asked creditors on Monday to extend the maturity of almost €250 million ($262 million) in debt."
So now we know it's high 3 digit mil (likely a low estimate) needed at PKTM and it's 37% owner needs 250 mil.
1.5 bil current debt plus about another 1.5 bil to keep it going. No way to pay it back. That's why they can't get funding.
The starter is just the low hanging fruit. It’s the lack of development on an engi e that was introduced in 2009 that really hasn’t changed. The suspension is fine outside of being way oversprung, it’s not like it needs to be replaced like some riders with the wp air stuff. People want development, there will always be a prevailing thought that things could be better and existing models get stale and that’s why we see new models introduced.
Fun fact: in 1991 KTM went bankrupt, in 1992 a guy named Pierer bought it for 3.5 million euros.
Hopefully soggy and mxaddic use protection…
😂😂
Someone predicted it, when they were building their new Head Quarters.
Spoiler: i bought a 2024 GasGas for almost half it’s price 1 month ago.
No. First the company is restructuring its debt (and equity) so it can continue operating in the future. This is actually good news (assuming the restructuring plan is approved) its the first step in moving forward. Second, spares are revenue producing which they'll want.
Post a reply to: KTM to file for Bankruptcy/ Self Restructuring on Friday