Publicly traded bike companies?
#1
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Publicly traded bike companies?
With the rise of energy costs, I think over the next couple of years, as people begin to realize the potential utilitarian benefits of the bicycle, that bike companies (and related components, helmets, clothing, etc) will reap huge profits. Does anyone know of a list of ticker symbols of public bike companies?
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I would have expected the makers of hands free kits to go up in the last month considering the number of cell phones in California
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#6
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Anyway, back on topic, I learned by working for a fortune 500 company that stock values don't always reflect sales or even profits. Not sure why (I thought that was the whole point) but that's how it works now.
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Isn't Cannondale publicly traded? I remember hearing about LeBron James buying up a lot of stock.
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I don't know any public bike companies but I think you'll make more money buying oil stocks. Making money in the bike business is still a crapshoot. There isn't a lot of opportunity for revolutionary innovations in bikes as pretty much any bike designed in the last 20 years is perfectly functional for exercising or commuting. Without the ability to protect proprietary designs the only opportunity for companies to differentiate themselves is through sales & marketing. Not a good formula for making money.
Greg
Greg
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I doubt there are huge gains to be made in these securities. People have become to lazy. Also, the bike industry feels the "oil pinch" as much as anybody. So, while sales may benefit a little, the effect of higher input costs would more than offset it.
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Dorel Industries Inc
DIIB:TSX Schwab Equity Rating (data as of 6/27/2008)
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For a detailed view of this company's financial statements, view DIIB's Growth & Earnings.$29.63
Last Price 0.72 +2.50%
Today's Change $28.92
Today's Open 34,947 Below Avg.
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Bid 29.619 size 1 Ask 29.6289 size 1 Market Capitalization $858M
Day's Range $28.92 - 29.65 Earnings per Share $2.84
52 Week Range $25.56 - 40.02 Price/Earnings 10.3
Avg. Volume (10 Day) 107,889 EPS Date April 30, 2008
Trade Tick - Next Ex-Date --
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Shares Outstanding 28.97M Shares Held By Institutions 2%
Recent Headlines News Headline
Canada Hot Stocks To Watch: Dorel, Gennum, High River, Bonterra -2- Dow Jones
9:18 am June 26, 2008 Dorel Industries Inc.'s (DIIB, C$29.35, -C$0.08, -0.3%) has acquired a U.S. bicycle-part, helmet and accessory maker for $28.1 million. Gennum Corp. (GND.T, C$9.25, C$0.15, 1.6%) swung to a second-quarter ... More
June 26, 2008 Headlines
8:31 am Dorel Indus Unit Buys Assets Of PTI Sports For $28.1M Dow Jones
8:31 am Dorel's Pacific Cycle Further Strengthens Mass Market Position With Purchase Of PTI Sports Assets Dow Jones
May 30, 2008 Headlines
11:44 am Dorel Names Lisio President Of Dorel Juvenile Worldwide Dow Jones
May 27, 2008 Headlines
12:11 pm Dorel Shrs "Inexpensive": TD Starts At Buy >DII.B.T Dow Jones
7:36 am Dorel Indus Started At Buy, C$37 By TD >DII.B.T Dow Jones
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Company Officers
Martin Schwartz
President, Chief Executive Officer, Director Jeffrey Schwartz
Chief Financial Officer, Executive Vice President, Secretary and Director Camillo Lisio
President - Dorel Juvenile Worldwide
Robert Baird
President - Recreational Leisure Jeff Segel
Executive Vice President - Sales and Marketing, Director Alan Schwartz
Executive Vice President - Operations, Director
Schwab Equity Rating
Dorel Industries Inc is not currently in the Schwab Equity Rating universe or is prohibited from coverage for regulatory reasons.
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Reuters Research Average Rating
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Market Edge Second Opinion ®
Market Edge does not currently provide coverage for this company. Company Background
Dorel Industries, Inc., a consumer products company, engages in the design, manufacture, sourcing, marketing, and distribution of a range of consumer products primarily in the United States, Canada, and Europe.
Reuters
Investor Contact
Jeffrey Schwartz
Office
1255 Greene Avenue, Suite 300
Westmount, QC H3Z 2A4
Phone 514-934-3034 Fax 514-323-9621
www.dorel.com
DIIB:TSX Schwab Equity Rating (data as of 6/27/2008)
Glossary Print Page Page Help
Last Price: $29.63 Change: +0.72 (+2.50%) as of 1:20pm EDT, 7/02/2008 Compare Set Alert Add to Watch List Trade
SummaryCharts Schwab's ViewpointOther RatingsGrowth & EarningsCompetitorsReportsChange Company Today's Price Performance as of 1:20pm EDT, 7/02/2008 Option Chains Margin Requirements
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr
For a detailed view of this company's financial statements, view DIIB's Growth & Earnings.$29.63
Last Price 0.72 +2.50%
Today's Change $28.92
Today's Open 34,947 Below Avg.
Today's Volume
Bid 29.619 size 1 Ask 29.6289 size 1 Market Capitalization $858M
Day's Range $28.92 - 29.65 Earnings per Share $2.84
52 Week Range $25.56 - 40.02 Price/Earnings 10.3
Avg. Volume (10 Day) 107,889 EPS Date April 30, 2008
Trade Tick - Next Ex-Date --
Div. (Yield) -- Next Pay Date --
Shares Outstanding 28.97M Shares Held By Institutions 2%
Recent Headlines News Headline
Canada Hot Stocks To Watch: Dorel, Gennum, High River, Bonterra -2- Dow Jones
9:18 am June 26, 2008 Dorel Industries Inc.'s (DIIB, C$29.35, -C$0.08, -0.3%) has acquired a U.S. bicycle-part, helmet and accessory maker for $28.1 million. Gennum Corp. (GND.T, C$9.25, C$0.15, 1.6%) swung to a second-quarter ... More
June 26, 2008 Headlines
8:31 am Dorel Indus Unit Buys Assets Of PTI Sports For $28.1M Dow Jones
8:31 am Dorel's Pacific Cycle Further Strengthens Mass Market Position With Purchase Of PTI Sports Assets Dow Jones
May 30, 2008 Headlines
11:44 am Dorel Names Lisio President Of Dorel Juvenile Worldwide Dow Jones
May 27, 2008 Headlines
12:11 pm Dorel Shrs "Inexpensive": TD Starts At Buy >DII.B.T Dow Jones
7:36 am Dorel Indus Started At Buy, C$37 By TD >DII.B.T Dow Jones
All Headlines Eastern Time Price Performance
There are no performance values available for this company. Total ReturnThere are no return values available for this company.
Company Officers
Martin Schwartz
President, Chief Executive Officer, Director Jeffrey Schwartz
Chief Financial Officer, Executive Vice President, Secretary and Director Camillo Lisio
President - Dorel Juvenile Worldwide
Robert Baird
President - Recreational Leisure Jeff Segel
Executive Vice President - Sales and Marketing, Director Alan Schwartz
Executive Vice President - Operations, Director
Schwab Equity Rating
Dorel Industries Inc is not currently in the Schwab Equity Rating universe or is prohibited from coverage for regulatory reasons.
Other Ratings
Credit Suisse Rating
Credit Suisse does not currently provide coverage for this company.
Click here for recent Credit Suisse equity research reports
Credit Suisse has been added to our line-up of independent research providers, replacing Goldman Sachs
Learn More
Argus 12 Month Rating
Argus does not currently provide coverage for this company.
Standard & Poor's Opinion
Standard & Poor's does not currently provide a rating for this company.
Reuters Research Average Rating
since May 27, 2008
Market Edge Second Opinion ®
Market Edge does not currently provide coverage for this company. Company Background
Dorel Industries, Inc., a consumer products company, engages in the design, manufacture, sourcing, marketing, and distribution of a range of consumer products primarily in the United States, Canada, and Europe.
Reuters
Investor Contact
Jeffrey Schwartz
Office
1255 Greene Avenue, Suite 300
Westmount, QC H3Z 2A4
Phone 514-934-3034 Fax 514-323-9621
www.dorel.com
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#12
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I would rather put venture capital toward a new company who has the aim of revolutionizing the commuting industry (however that may happen)
#13
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I don't know any public bike companies but I think you'll make more money buying oil stocks. Making money in the bike business is still a crapshoot. There isn't a lot of opportunity for revolutionary innovations in bikes as pretty much any bike designed in the last 20 years is perfectly functional for exercising or commuting. Without the ability to protect proprietary designs the only opportunity for companies to differentiate themselves is through sales & marketing. Not a good formula for making money.
Greg
Greg
People are actually buying oil right now as a hedge against currency risk Who'd have thunk that!
There's lotsa crap on sale right now...especially enticing are prospects in the small cap/value areas. The question you have to ask is what conglomerates own Trek, Schwinn, C-dale? Those guys are going to bank if people start buying more bikes, and you'll see the reward.
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Actually, the prices reflect what's already known - so when the law was announced, the anticipation of more users of the headsets would have been priced in then rather than one month ago.
#15
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Here is another take on the industry prospects. A great shift has to be made, especially in the USA, with how cycling is looked at. Currently it is not a real mode of transportation for most. Just a recreation or sport, or fitness method. In very few places people actually "want" to commute by bicycle.
Mechanic at my LBS summed it up today saying the mid and high end has been dead because folks just are not spending money on stuff they don't really need. The other issue is that in the USA things are just too spread out.
Our Congress energy policy is to pass a law to sue OPEC and ***** at Exxon. Hardly think they have the brass ones to declare a Manhattan Project for bike paths and a tax credit to ride a bike.
Poor investment prospects right now in my opinion but you might find a selected company that does well as you can in almost any sector.
Mechanic at my LBS summed it up today saying the mid and high end has been dead because folks just are not spending money on stuff they don't really need. The other issue is that in the USA things are just too spread out.
Our Congress energy policy is to pass a law to sue OPEC and ***** at Exxon. Hardly think they have the brass ones to declare a Manhattan Project for bike paths and a tax credit to ride a bike.
Poor investment prospects right now in my opinion but you might find a selected company that does well as you can in almost any sector.
#16
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You might try checking the Hong Kong, Paris, or London exchanges. Also, companies that make stuff for a portion of the bike industry like Michelin or Continental might be an option. Of course the bike related component of those companies is so small that they could totally tank and it wouldn't affect the stock at all.