Stephen_Spencer
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- Joined
- May 31, 2017
- Messages
- 2,659
Take your points however, let’s re-visit this conversation in 5-10-15 years hence. I am sure that TVS did the maths!; these international companies don’t throw money away. Now let’s fast forward and imagine that TVS has (hopefully) achieved Triumph like success, maybe without such a broad bike range and making genuine use of Norton’s heritage. Margin on bikes is one thing but have you seen Triumphs accessories range? Lots of money to be made there, not to mention merchandising. Time will tell whether they bought a pup or whether it was indeed an absolute bargain.Absolute bargain - really!! Have you not read the BDO latest progress report that is available publicly, I bet they are well hacked off. That's pounds sterling not AUD, add on the fees for Rothschild's, an IP law firm, a firm of global solicitors, 24 million share raise, wages to date, rent and rates and it is over 40 million and not yet one bike produced. Ask any of the big four what margin they make on their bikes and it looks like the money invested will never be recovered. Finding and setting up a new facility to build bikes won't be cheap either.