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4I invest in various companies from the bicycle industry, Accell Group, Shimano and since their IPO also Bike24.
The market will go up, as long as environmentally friendly infrastructures are an issue in Europe and the rest of the world, the demand of bikes will increase.
People are switching to bikes and are willing to pay money. The more bikes in circulation, the higher the part demand.
I like both the ambitions and the achievements of Bike24 so far and remain bullish!
The company already caught my eye last year in the fall. It was only then that I became aware of how strongly the e-bike had arrived in society, when my brother took his bowling club on a bicycle tour with 15 people, and only two of them didn't have an e-bike. Mind you, all the people were and are in their prime - so they don't really need it. Unfortunately, at that time not invested due to non-existent capital and then forgot the share.
Due to now available capital and the discount to the ATH despite good operational basis (big problem are currently only the supply chain difficulties) and by the traffic light government I see a share with "huge upside potential with very little downside risk".
I still see great potential in the bicycle industry. As a passionate cyclist, I am a proud shareholder of the ACCELL Group. Especially the switch to e-bikes and the promotion of governments in this industry will mmn bring even more growth in the medium term. Problematic are only the long delivery times, because the suppliers are totally overloaded because of the countless orders, but that should stabilize soon! 🚀
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