KTM enter 'self-administration' to tackle financial trouble
www.motorcyclenews.com
KTM goes into administration
- Thread starter Bumble-Bee
- Start date
Oh good, a fourth thread on the same topic
Oh good, a fourth thread on the same topic
If i hadn’t of posted it you wouldn’t of been able to waste your time replying to it, no thanks are needed
Have posted
Correct
It’s a verb and not a past participle
It’s too late to edit this so you’ll just have to live with the shame.
I’ve always understood that all current languages are ‘live’. Which in turn means that what’s consider to be the popular usage norm, becomes de facto, the norm. Grammatical conventions are on the other, hand a reportage of norms and hence, almost always behind the curve. (a bit like most regulatory bodies in our wonderful country)
So when someone tells you they will give you a ‘quote’ for something or other, please don’t write an angry letter to The Times and in stead, just groan and maintain a stiff upper lip.
Your shame is therefore your glory.
So says the linguistic pedant (who’s spolling is atricious and who’s grimmer is distinctly gritty)
Have I really just bought a KTM? Aaargh.
So when someone tells you they will give you a ‘quote’ for something or other, please don’t write an angry letter to The Times and in stead, just groan and maintain a stiff upper lip.
Your shame is therefore your glory.
So says the linguistic pedant (who’s spolling is atricious and who’s grimmer is distinctly gritty)
Have I really just bought a KTM? Aaargh.
‘Of’ should never replace or become the norm for ‘have’…….sorry, I’m no grammar nazi and I too make errors so no ‘holier than thou’ here, just a humble opinion.
I liked this last week off the BBC news page. Steppers on here is quick to spot BBC’s slip ups. Appropriate for an aviator like Arsey tooI’ve always understood that all current languages are ‘live’. Which in turn means that what’s consider to be the popular usage norm, becomes de facto, the norm. Grammatical conventions are on the other, hand a reportage of norms and hence, almost always behind the curve. (a bit like most regulatory bodies in our wonderful country)
So when someone tells you they will give you a ‘quote’ for something or other, please don’t write an angry letter to The Times and in stead, just groan and maintain a stiff upper lip.
Your shame is therefore your glory.
So says the linguistic pedant (who’s spolling is atricious and who’s grimmer is distinctly gritty)
Have I really just bought a KTM? Aaargh.
KTM re-sale value is going to be a shock to some.
Why?
Yeah, I was shocked to learn WBAB would give me an OK price for my 1290 if I stripped off the panniers / Akra / Seats / Screen and flogged them the base bike.
Was a bit shocked that when askig about trade-in against new / nearly new 1290 that one dealer offered me just £75 more than WBAB against a new one, and the other said they really would not want it, not even willing to match WBAB.
Both dealers had simlar age / mileage / spec bikes as mine in the showroom for over £2k more than that WBAB valuation, but I think most dealers probably have a good amount of stock and a low amount of cash and right now in mid winter / mid recesssion (or at least start of one) and probably all with 2024 stock to punt really want to get some money in the door rather than more bikes.
Was a bit shocked that when askig about trade-in against new / nearly new 1290 that one dealer offered me just £75 more than WBAB against a new one, and the other said they really would not want it, not even willing to match WBAB.
Both dealers had simlar age / mileage / spec bikes as mine in the showroom for over £2k more than that WBAB valuation, but I think most dealers probably have a good amount of stock and a low amount of cash and right now in mid winter / mid recesssion (or at least start of one) and probably all with 2024 stock to punt really want to get some money in the door rather than more bikes.
Just announced that they have dumped the MV Augusta brand and it is now fully independent looking for new backers
That was last Tuesday wasn’t it?
Dumped? Is that what happened to Saab? JJH
I will look down the back of the sofa.
Is that not the precise problem with brands like MV, the original F4's were a thing of beaty, but it was all they had, back when (almost) everyone bought the 750 / 1000cc superbikes of the day (or the 600s if they could not afford the WSB replica) they did OK.
Now the Jap stuff has entered the same arena with the 1000cc bikes being pretty hot as standard and SP versions for those who have to have a more expensive bike than almost everyone else, and not forgetting @14 years ago those tosspots had the option of a BMW badge on their 1000cc superbike to make themselves feel superior, where did that leave MV???
Not sure about the rest of the world, but the UK has an ageing biking population, not to mention abysmal roads and an anti-bike government, and now a recession and lowest consumar confidence since Hitler pushed our forces back to Dunkirk, so not many buyers for any bikes - just look at the dealers all going pop.
So how does KTM "ditch" MV, surely they have to flog their 50% stake to do that, which means people have to buy it, not fully aware of how trading stocks works, but I'd imagine KTM need to find someone to buy most of that 50%, don't think you can just take that amount of shares and flog it to a broker in one go, can you?
I'd assume as they try and ditch the shares rapidly the prices drops just as rapidly, and then the quid I just found down the back of my sofa would buy me a good percentage stake of MV?
I am also guessing that MV need cash too, so its not just about buying the KTM stake, you still need someone to lend a failing company a chucnk of money, or talk the suckers they already owe a load of money to into handing them more.
I suspect this is the death of MV (again!) and it may be resurected with debts washed away in the near future, or maybe not this time???
I don’t know what’s happening here but if shares are worthless that’s the term normally used when you divest yourself of them. JJH
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