Dorel Industries Inc (PK) (DIIBF) Quote

ca:DII.B


I'm keen on electric bikes




And for them there are these guys

Peloton: PTON
- $33 billion market cap
- $2.95 billion revenue
- $257 million EBITDA
- Sells stationary bike with iPad tapped to frame

Dorel Industries: DIIB DII.B DII.A
- $330 million market cap
- $2.76 billion in revenue
- $145 million EBITDA
- Sells actual bikes

https://twitter.com/redditinvestors/status/1379134895981785091

Anyone else thing this sell-off may be a little over-reactionary? Based on recent history, I would assume dividends will start again when the China situation settles down. I'm thinking a good time to buy as a future dividend stock, but interested in anyone else's thoughts.

Electric bicycles - News : https://www.marketwatch.com/story/schwinn-parent-dorel-industries-stock-suffers-record-selloff-after-halting-dividend-2019-10-01?siteid=bigcharts&dist=bigcharts




A previous study (never purchased - wish I'd shorted)

www.electricschwinnbikes.com

With a suggested retail price of US$3,199.99, the Schwinn Tailwind will
arrive in dealer stores in early 2009 ???? with four sizes for standard frames (S,
M, L, XL) and three sizes for step-thru frames (S, M, L).


Update (prices HAVE come down) : http://www.schwinnbikes.com/usa/



Cycling Sports Group

Dorel Asia sources and imports home furnishings products. Dorel China has eight offices which oversee the sourcing, engineering and logistics of the Company's Asian supplier chain.

Oh-oh....So the US / China trade war then, likely describes why their chart looks how it does !...See below
https://www.newswire.ca/news-releases/schwinn-and-toshiba-collaborate-to-dramatically-alter-the-electric-bike-market-536655231.html


Still tho....What is their bike division up here NOW ?

Fast forward to April 2018 : Doesn't sound like it's been going too well...? Not too surprising.....I mean, it IS only the 'ol TSE-listed Dorel (formerly moniotoreds all thru the 1990's) lol

https://www.bike-eu.com/home/nieuws/2018/04/dorel-focusses-stronger-on-e-bikes-10133569




Hey But LOOK !......They're in Costco ! .....(retail $ 2400)

https://www.costco.ca/electric-bikes-scooters.html






PE = N/A



But more likely downwards than upwards it looks like.....That's why the red arrow is LARGER

Stock Pickers Digest Hotline – Friday, October 5, 2018
October 5, 2018|Pat McKeough|Daily Advice
DOREL INDUSTRIES INC., $23.06, symbol DII.B on Toronto, makes ready-to-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, toddler beds and cribs; and bicycles and other sporting goods.

Dorel has announced the acquisition of U.K.-based Alphason. Established 30 years ago, Alphason… READ MORE

https://www.tsinetwork.ca/daily-advice/stock-pickers-digest-hotline-friday-october-5-2018/

Dorel Industries, Inc. (ca:DII.B)

https://www.canadastockchannel.com/profile/?symbol=dii.b