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Road Cycling “It is by riding a bicycle that you learn the contours of a country best, since you have to sweat up the hills and coast down them. Thus you remember them as they actually are, while in a motor car only a high hill impresses you, and you have no such accurate remembrance of country you have driven through as you gain by riding a bicycle.” -- Ernest Hemingway

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Old 07-01-08, 11:20 PM   #1
worker4youth
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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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Old 07-01-08, 11:22 PM   #2
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bikeq, still not a value at three cents.
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Old 07-01-08, 11:25 PM   #3
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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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Old 07-01-08, 11:25 PM   #4
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no penny stocks, please
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Old 07-01-08, 11:30 PM   #5
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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
No kidding. I think I saw as many bluetooth headsets on the ears of people today, as I did all of last year.
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Old 07-01-08, 11:33 PM   #6
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No kidding. I think I saw as many bluetooth headsets on the ears of people today, as I did all of last year.
Really? I expected 9 out of 10 people to just disregard the law.

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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Old 07-02-08, 12:00 AM   #7
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http://www.reuters.com/finance/stock...ymbol=SHMDF.PK
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Old 07-02-08, 10:24 AM   #8
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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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Old 07-02-08, 10:41 AM   #9
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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
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Old 07-02-08, 11:20 AM   #10
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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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Old 07-02-08, 11:27 AM   #11
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Dorel Industries Inc
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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
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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
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8:31 am Dorel Indus Unit Buys Assets Of PTI Sports For $28.1M Dow Jones
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11:44 am Dorel Names Lisio President Of Dorel Juvenile Worldwide Dow Jones

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12:11 pm Dorel Shrs "Inexpensive": TD Starts At Buy >DII.B.T Dow Jones
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Company Officers
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President, Chief Executive Officer, Director Jeffrey Schwartz
Chief Financial Officer, Executive Vice President, Secretary and Director Camillo Lisio
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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.
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Old 07-02-08, 11:29 AM   #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)
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Old 07-02-08, 01:56 PM   #13
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Quote:
Originally Posted by gregf83 View Post
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

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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Old 07-02-08, 02:00 PM   #14
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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.
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Old 07-02-08, 02:13 PM   #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.
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Old 07-02-08, 05:10 PM   #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.
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