market

NCOM Biker Newsbytes June 2020

General Posts / By

Compiled & Edited by Bill Bish QUOTABLE QUOTE: “If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.” ~ Sun Tzu (544-496 BC), Chinese Military Strategist, authored “The Art of War” ABOUT AIM / NCOM: The National Coalition of Motorcyclists (NCOM) is a nationwide motorcyclists rights organization serving over 2,000 NCOM Member Groups throughout the United States, with all services fully-funded through Aid to Injured Motorcyclist (AIM) Attorneys available in each state who donate a portion of their legal fees from motorcycle accidents back into the NCOM Network of Biker Services (www.ON-A-BIKE.com / 800-ON-A-BIKE). CLICK HERE TO READ THE NEWS FROM NCOM AT BIKERNET Join the Cantina – Subscribe Today https://www.bikernet.com/pages/custom/subscription.aspx

NCOM Biker Newsbytes June 2020 Read More »

The Escape Bikernet Weekly News for June 18, 2020

General Posts / By

It’s Crazy but We Will Survive Hey, Another wonderful day in paradise. I joke about the adage from the India-based movie “The Best Exotic Marigold Hotel.” Great flick: Everything will be all right in the end. If it’s not all right, it’s not the end. Think about that anytime you’re in a jam. Think about it, when strange shit is happening in your hood, in the country or in the industry. Harley seems to be struggling, but I look at it as a transition. And everything will be cool, when they come out of it. I’ve spoken to shop owners all over the country about the times. Here’s a good one. “We had a slow week when the Covid hit,” said Randy Aron of Cycle Visions in San Diego. “Ever since then we’ve been cooking.” So, keep smiling, riding free and rockin’ the world. Let’s hit the news. Get ready to ride and never stop, goddammit! –Bandit CLICK HERE TO READ THE NEWS ON BIKERNET Join the Cantina – subscribe today https://www.bikernet.com/pages/custom/subscription.aspx

The Escape Bikernet Weekly News for June 18, 2020 Read More »

Harley-Davidson To Drop From S&P 500 As Coronavirus Batters Struggling Motorcycle Maker

General Posts / By

by Bill Roberson from https://www.forbes.com/ Iconic American motorcycle maker Harley-Davidson [HOG] continues to struggle. The company will move off the S&P 500 in the next week and will land on Standard and Poor’s MidCap 400 list of stocks instead, according to the Milwaukee Journal Sentinel. Clothier Nordstrom Inc. and Alliance Data Systems Corp. will also fall off the S&P 500. With a two-month work stoppage (since resumed) due to the pandemic coupled with an expected deep dive in sales due to the general halt in economic activity, the near future could be a rough ride. The most recent report on sales from the company show the numbers were down close to 18% year over year as of late April. The S&P 500 delisting, set for June 22, comes while Harley-Davidson continues to navigate rough waters, including a personnel shuffle that included the CEO and a stock price that has hung in the $25 range during the pandemic but was as high as $73 in 2014 and over $40 per share in the last year. In the depths of virus-fueled market turmoil in April of this year, the share price dipped to nearly $15 but has since rebounded, almost reaching $30 just about a week ago. The drop from the index could hurt the stock price since many investors include companies in the S&P 500 as part of their portfolios. Before the coronavirus and COVID-19 outbreak, the Milwaukee,Wisconsin-based maker of heavyweight cruisers – and a fully electric model – had been on a sales and stock price slide for several years as the company searched for new buyers. Their core – and highly loyal – customer base has slowly eroded due to age and competition, notably from a resurgent Indian, which was once Harley’s main sales and racing competitor before shuttering

Harley-Davidson To Drop From S&P 500 As Coronavirus Batters Struggling Motorcycle Maker Read More »

Pandemonium Bikernet Weekly News for June 4, 2020

General Posts / By

It’s Nuts with News from all the Wheels ANOTHER CRAZY DAY IN PARADISE—Nothing makes any sense, but there you have it. It’s all going to be so interesting as the country comes to grips with what’s going on in the streets. Do you want law and order or pandemonium? I need to start working on new fender mounts for the Salt Torpedo. Oh, and I heard that the Sturgis Rally powers are meeting on the 15th to make the final decision on the rally. I road tested the funky Panhead last weekend, and I’m almost finished re-editing my first book for reprint. It’s coming out again soon. So, there you have it. Life is nut –Bandit The Bikernet Weekly News is sponsored in part by companies who also dig Freedom including: Cycle Source Magazine, the MRF, Las Vegas Bikefest, Iron Trader News, ChopperTown, BorntoRide.com and the Sturgis Motorcycle Museum. Most recently Quick Throttle Magazine came on board. CLICK HERE TO READ THE NEWS ON BIKERNET Join the Cantina – Subscribe Today https://www.bikernet.com/pages/custom/subscription.aspx

Pandemonium Bikernet Weekly News for June 4, 2020 Read More »

NCOM Biker Newsbytes May 2020

General Posts / By

All 50 states are now in various stages of reopening, and along with restrictions being lifted and the COVID-19 curve flattening, hopes for more normalcy are high; and none higher than amongst the motorcycling community. Most industries have been hit hard by the global pandemic, and motorcycle sales and production have been among the most impacted, with factories shut down, dealerships closed, events cancelled or postponed, and even ridership restricted in many parts of the world. CLICK HERE TO READ THE NCOM NEWS ON BIKERNET JOIN THE CANTINA – Subscribe Now https://www.bikernet.com/pages/custom/subscription.aspx

NCOM Biker Newsbytes May 2020 Read More »

Memorial Day Bikernet Weekly News for May 21, 2020

General Posts / By

Say a Prayer for the Brothers and Sisters who Fought for Freedom Hey, This is one of those strange holidays. It’s at a time of the year when the party lamps are lite. On the other hand, it’s a time of thought and prayer for those who died in battle. We have a tremendous amount to celebrate this weekend with the country reopening, more businesses reopening and the celebration of life. But take some time out this weekend, to ponder those who have died in any combat including our own motorcycle freedom fighters. And think about life and our good fortunes to be living in the best of times of life on earth. CLICK HERE TO READ THE NEWS ON BIKERNET QUICK – Join the Cantina – Subscribe Today https://www.bikernet.com/pages/custom/subscription.aspx

Memorial Day Bikernet Weekly News for May 21, 2020 Read More »

Harley-Davidson Inc (HOG) SVP & CFO John A Olin Bought $256,770 of Shares

General Posts / By

from https://www.gurufocus.com SVP & CFO of Harley-davidson Inc (30-Year Financial, Insider Trades) John A Olin (insider trades) bought 13,500 shares of HOG on 05/13/2020 at an average price of $19.02 a share. The total cost of this purchase was $256,770. Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and related services. It operates in two segments, Motorcycles and Related Products, and Financial Services. Harley-Davidson Inc has a market cap of $3.01 billion; its shares were traded at around $19.66 with a P/E ratio of 8.48 and P/S ratio of 0.58. The dividend yield of Harley-Davidson Inc stocks is 7.66%. Harley-Davidson Inc had annual average EBITDA growth of 8.70% over the past ten years. GuruFocus has detected 2 severe warning signs with Harley-Davidson Inc. Directors and Officers Recent Trades: Chairman and Acting President Jochen Zeitz bought 51,020 shares of HOG stock on 05/13/2020 at the average price of $19.52. The price of the stock has increased by 0.72% since. Chairman and Acting President Jochen Zeitz bought 97,850 shares of HOG stock on 05/08/2020 at the average price of $21.26. The price of the stock has decreased by 7.53% since.

Harley-Davidson Inc (HOG) SVP & CFO John A Olin Bought $256,770 of Shares Read More »

The Mysterious Bikernet Weekly News for May 14, 2020

General Posts / By

Some ups and downs… I completely understand the need not to overwhelm our medical industry. And recently the Sturgis Rally discussion surfaced. One report worried that all the decision makers had solely financial cards in play and that the decision might be forced in one direction, to make money off the rally. I said the players run the gamut from Zero tolerance control freaks to freedom riders, party animals and the money makers. I hope they can find balance. But in the end motorcycling wins. As long as we are riding, we’re safe and free. Just ride through Sturgis and keep going. Ride into the hills of the Badlands. Ride through Yosemite and Zion. Ride through Flagstaff and Monument Valley. Just Ride! Think about it. Life can be fucked or fun, it’s up to each one of us. Find the path and follow it to Nirvana or another Redhead, both are heaven. And make sure you ride all the way… Freedom Forever, –Bandit CLICK HERE TO READ THE WEEKLY NEWS ON BIKERNET JOIN THE CANTINA – Subscribe Now https://www.bikernet.com/pages/custom/subscription.aspx

The Mysterious Bikernet Weekly News for May 14, 2020 Read More »

Harley’s New Rewire Strategy Is A Bad Idea

General Posts / By

by Justin Hughes from https://www.rideapart.com Why refocus the brand on capturing a rapidly shrinking demographic? Earlier this week we reported on Harley-Davidson’s latest change in direction: to abandon some of their more ambitious ideas and focus on growing the core brand, with their core bikes, in the US. While models like the LiveWire, Bronx, and Pan America are already far enough down the pipeline to continue, beyond that we can expect nothing more than cruisers, baggers, and tourers from Harley for the foreseeable future. That’s too bad. As an amateur radio operator, I have often heard the derogatory joke that the average age of one who participates in the hobby is “dead.” Sadly, that is beginning to apply more and more to the average age of a typical Harley rider. There are always exceptions. I’ve had my radio license since I was 15, and I’m actually considering an 80s or 90s Harley for a future project bike. But even I have a bit of gray in my hair and beard, something you will see in the vast majority of Harley enthusiasts. We’re only getting older. From the investors’ perspective, I get it. They’re not in it for the bikes or the culture. They’re in it for the money, and especially these days the money isn’t there. Shareholder Impala Asset Management has been arguing for a while that a change in direction is needed, and chose to act during the recent management shakeup at Harley. While we hoped this might be good for Harley, it looks like they have chosen to take what it sees as the safe path, prioritizing short term profit over the long term survival of the company. Given the crazy economic condition of the world right now, maybe that’s the right choice for now. It’s not like

Harley’s New Rewire Strategy Is A Bad Idea Read More »

Aprilia RS660 Supersport spotted testing undisguised

General Posts / By

by Pradeep Shah from https://www.financialexpress.com Aprilia RS660 will soon be making an official entry to the markets soon and the latest spy shot reveals a lot of interesting details Aprilia’s middleweight supersport – the RS660 has been snapped testing doing test runs, image courtesy Aprilia Forum. What is even more interesting is the fact that the middleweight Aprilia was snapped alongside a Honda CBR650R, possibly due to performance comparison and some other aspects. The RS660 test mule that has been snapped looks production-ready and can be seen devoid of any camouflage on the body. The bike can be seen with well-finished body panels. As there is no test equipment mounted on the motorcycle, this further confirms that the bike is ready to enter production soon. The global debut of the Aprilia RS660 was earlier slated to take place on 9th May but the same has now been postponed with the Covid-19 crisis. At the 2019 EICMA, the Aprilia RS660 concept was showcased for the first time which left a lot of visitors awestruck. This is all thanks to an impressive design language including the all-LED headlamp cluster upfront with sporty looking LED DRLs that should make the bike looks majestic and predatory in the dark. Moreover, what makes the RS660 quite interesting and worth waiting is its low kerb weight of just 169 kg and hence, one can expect an exciting power-to-weight ratio which should make it a great weapon for the racetracks. Now coming to the powertrain, the Aprilia RS660 is powered by a 660cc, parallel-twin motor that is good for producing a peak power output in the region of 100hp. The bike also gets an impressive electronics package that includes a six-axis IMU along with wheelie control, traction control, quick shifter and five riding modes as well. India

Aprilia RS660 Supersport spotted testing undisguised Read More »

Scroll to Top