The all-new 2010 MV Agusta F4, had just been launched, this should be a good starting point for the new owner to propel this company to new heights.

November 6, 2009 @ 9:14 pm

If I would prefer a Malaysian bike or an italian ? Well, I would like to see a successor of the Modenas Dinamik, but with 250cc four-stroke engine. I always wondered why this bike was never popular here, in Greece you can see thousands of them on the road…

___________

correction bro.. modenas dinamik is only 120cc with 2-stroke engine.

The point is… May anybody pay their debt?

What i see… Buying the MV now… is adding a liability to the company… not an investment…

Cuti kita tidur la, kurang2kan tgk internet heh..

My point is BMW already build bikes. I know they dont build superbikes, but theyre the best in touring bikes. They already have a good foundation and superbikes is just another division in their stable, just like introduction of X5 after they take over Rover/Land Rover and acquire their 4wd expertise.

The Modenas might or might not work. If that happen, I just hope that they engage the best lawyers to sort the contract and have a proper fall back plan.

DRB-Hicom pula pemegang saham terbesar adalah Tan Sri Syed Mokhtar Al-Bukhary dan syarikat-syarikatnya.

Tan Sri Syed Mokhtar Al-Bukhary pula adalah orang #7 terkaya di Malaysia,

aset dia seorang sahaja lebih RM2.93 BILLION pada tahun 2005, tahun ni dia dah bida nak beli syarikat PROTON dari kerajaan Malaysia (KHAZANAH).

ingat dia tak mampu ke nak beli MV AGUSTA.. pasal komen konon makan duit rakyat tu merapu je, tengok dulu siapa pemegang saham terbesar MODENAS sebelum bagi komen, ia adalah swasta!

Just curious

November 6, 2009 @ 9:34 pm

"Mohd, that is different factor although it is also important

but the main thing here MODENAS cannot rely so much on other foreign company technology which they did not own (KAWASAKI),.."

Yes, and they are doing already something against this:

"Modenas plans for R&D centre overseas"
http://www.dailyexpress.com.my/news.cfm?NewsID=68…

but the main thing here MODENAS cannot rely so much on other foreign company technology which they did not own (KAWASAKI),.. another important factor is MODENAS must get the access best technology from other foreign company that proven have best technology, MV AGUSTA win so many world racing titles in the past like LOTUS also, MODENAS also must have the true role as the real decision maker.. take PROTON and LOTUS as an example, when PROTON ordered LOTUS to produce engine for PROTON benefit what can they say? they must follow the order from the boss.

it is a matter on how u fully utilized the knowledge.. like HONDA company start from making motorcycle cub like HONDA CUB C50 to fast cars like HONDA NSX.

like BMW, SAAB and also AGUSTA, they start from making aircraft then making cars and motorcycle. but they can transform the knowledge in aviation industry to automotive industry.. u also need high creativity to do that!

November 6, 2009 @ 8:47 pm

"you said about motorcycle cub.. oh well, HONDA start from making cub then making superbike and then making very fast cars like HONDA NSX. If HONDA can do it why not MODENAS??"

You got me wrong, I didn't meant that a cub is something substandard. But when manufacturing a cub, you have to keep an eye on the costs. You have to design it in that way, that the worker at the assembling line is able to do his job fast and efficient. MV Agusta's are hand made, so there's nothing to win for Modenas in that imaginary deal.

If I would prefer a Malaysian bike or an italian ? Well, I would like to see a successor of the Modenas Dinamik, but with 250cc four-stroke engine. I always wondered why this bike was never popular here, in Greece you can see thousands of them on the road…

read my comment yesterday…

_____

Kim said,

November 4, 2009 @ 10:58 pm

The problem with MV Agusta is the brand. For those who have been to Varese knows that they have one fine R&D and assembly plan at Varese.

What ALL previous owner of MV Agusta (including Proton) failed to capitalized is the the ‘brand essence’. It’s totally different with ‘brand’ alone.

To keep it simple, new comer in motorbike industry could grab the opportunity to capitalize on the ‘brand essence’ of MV Agusta, by utilizing everything at disposal at Varese & develop the essence into one whole NEW BRAND.

Scrap the ‘Agusta brand’. Maintain the essence of initial and rebrand it into totally new entity with world demographic in mind, thus propelling new world class branding.

Proton had a good chance to tap into the vast market of motorbikes/motorcycles if the bought the MV with what i said in mind. Alas, they bought it thinking of changing it INITIAL essence into a compact car engine… which history now will tell us that a mistake learned through the hard way.

________

Modenas can do it… should be no problem. But not under the 'Modenas brand'or Agusta for that matter. They can acquired it, continue with the RnD… come out with fresh new model cater for world demographic and RE-BRAND IT.

They are few emerging branding talents here in Malaysia. I'm working with one (which i cannot reveal his name yet because im hogging him for my project 1st hehe )

But it can be done. Someone commented that if the MV Agusta is soo beneficial, why don't China's company acquired it… it's simple. Because currently China's companies are not well known for their strength in branding. They are more on hyper low cost manufacturing.

Look at BMW… majority of their corporate level people are from Germany but when it comes to branding… they acquired an American. If not how they managed to sell soo many beemer with almost the same boring fascia across their ranges?

you said about motorcycle cub.. oh well, HONDA start from making cub then making superbike and then making very fast cars like HONDA NSX. If HONDA can do it why not MODENAS??

curently in this world which one do you prefer Malaysia motorcycle or Italian motorcycle like MV Agusta or DUCATI?? and why??

I'm soo glad there's a knowledgeable poster/commenter like you & some others in here.

It's been too long lots of discussion (read arguement) in here are always discussed (read arguing) with emotion without any hard fact or constructive

criticism.

My motto is always if you want others to take you seriously always give constructive inputs… kudos to commenter like you & others like you.

November 6, 2009 @ 8:08 am

"Mohd, so u r from Germany?? COOL

want to know.. is it true the old car scrapping scheme, that so many low income malaysian against (15 years old car).. in Germany just 10 years old can get RM2,500, more than to one month low income salary in Germany.. during its implementation, Germany car sales up 40%??

about MODENAS.. they should not rely so much on Kawasaki, go buy MV Agusta from Italy, they got the technology, get their R&D and think well plan strategy for better future."

Under the german car scrapping scheme, you got EURO2500 (RM12500) if you turned in a 9 year old car. BUT: In Germany the road tax is calculated by the emissions. Nine year old cars have EURO2 while new cars have EURO5. A car like a Kancil with EURO2 costs more road tax than a Mercedes S500 with EURO5 in Germany. That's why the scheme was so successful (not for the luxury car manufacturers Audi, BMW and Mercedes btw.)

Concerning Modenas/MV Agusta: I have been in many italian companies. Wonderful engineering (DOHC was standard at Alfa Romeo when Toyota engineers were still in kindergarden), really brilliant ideas. But usually italian engineers don't think about who should manufacture & assemble their wonderful creations. That's okay for a ultra-expensive Ferrari or MV Agusta or Ducati, but a Modenas Cub ?

BTW: BMW never purchased MV Agusta, only the Husqvarna division. The S1000RR was introduced in April 2008 already and is already racing in the current SBK championship 2009. In 2010 you can buy the 190hp @ 190kg road version of the S1000RR. And scottloeb is right: BMW Motorrad is only a small division of the BMW car group. In the late 70s they already wanted to stop the motorcycle production, but they kept it because of 'brand image' and developed the K100. They use the 'Motorrad' division as some kind of advertisement also.

scottloeb said,

November 6, 2009 @ 9:06 am

"Mohd,

The free college education is no longer available in Germany kan?"

It depends in which 'Land' (state) of Germany you live, some are free, some not. But the maximum fee is EURO2000 per semester which can be financed by government loan and have to paid back within 10 years or so.

kujik, i donno wrong decision or what but it's very hard to maintain 2 companies LOTUS and MV AGUSTA at the same time which both have huge debt.. maybe the management of PROTON think they need more focus on restructure the LOTUS company.

i heard rumour that Volkkswagen interested in buying this MV AGUSTA company.

the boss from Volkswagen already given signal said he want to buy Italian superbike company.. could it be MV Agusta??

dear scottloeb,

BMW Motorrad did not make SUPERBIKE like what KAWASAKI, HONDA, YAMAHA, SUZUKI, DUCATI until they bought MV AGUSTA.. if not long time ago they compete in MotoGP and Superbike Championship la.

VW Ferdinand Piech declared that VW would like to expand its portfolio with a small (but profitably) bike-company, among his dream is to own italian superbike company.

usually superbike produced in limited numbers only, just to reach the economuc of scales.. they do the marketing analysis first on potential customers in the region.

one advantage of acquiring the Italian company is that they have a very good engine technology.. history in F1 teach us that Italian (like Ferrari) produce very good engines, to counter it, the british make a very good aerodynamic system to their F1 cars (williams, lotus, mclaren).. and after the italian company know it, they focus on that area also and transfer the knowledge to their commercial cars.

BMW Motorrad already building bikes since 1920's. They already have a good products available in the inventory, and they have big brother, the car division that is making money year on year with multiple product lines with highest margin coming through from SUV and their product are priced at the premium. proton on the other hand suffering from poor sales of every model, saga and persona was not there, they were still selling the LMST and they have 2-3 disaster named Chancellor, Gen2 and Savvy respectively. Wira PECA and SE was filling up every landfill available at the country at that point of time. And proton is not in the business of selling motorbikes, let alone a proper car (at that point of time).

Modenas on the other hand is learning the trade. Its bread and butter is the scooter and mopeds, and these bikes are being sold in volumes. Further more its territory is being harassed by cheap Thai imports of mopeds from the traditional Hondas and Yamahas. Even Suzuki is suffering.The newcomer Kymco or Naza crappy Taiwan's link or even the MZ also come and go but not Honda and Yamaha. To tell you the truth if you have 20K will you buy a Ninja or a Modenas equivalent of Naza Blade? No, you will never get an Agusta at that price and the malaysian public let alone other market) will be very sceptical on Modenas. Again another public money going to the drain.

And I agree with another commentator, if the company is so good, why dont the Chinese buy it? They would have bought it yesterday. When we want to buy Lotus, the Koreans are hot on our trails (just like the Chinese car maker putting money in American/European brand Company like Volvo or Rover these days). That shows how Lotus is valued. And yes, Malaysian consortium together with Tommy Suharto did own Lamborghini before it being sold to VW-Audi.

after BMW Motorrad acquire MV Agusta, they gain all their superbike engineering and then sell them to Harley Davidson.. u tell me since when BMW have very good superbike engineering??

only when BMW acquired MV Agusta, then only they can produce a very good superbike engineering machine called

BMW S1000 RR

BMW Motorrad will compete in WORLD SUPERBIKE CHAMPIONSHIP (SBK) next year!

BMW S1000 RR, BMW create this superbike after they gain full access to MV Agusta italian engineering, they know how to utilized the MV Agusta facility.

some good videos about this BMW S 1000 RR superbike that BMW made after gain full access of MV Agusta engineering facility in Italy!

http://www.youtube.com/watch?v=2XhjXeQSfYU http://www.youtube.com/watch?v=LYVNzJUJeKQ http://www.youtube.com/watch?v=Hg00ZBqNrd8 http://www.youtube.com/watch?v=6Z0WB80snUc

MODENAS should buy this MV Agusta, even RENAULT can rebuilt NISSAN company to their best! RENAULT+NISSAN make NISSAN GT-R35 car.

Ghosn joined Nissan as its chief operating officer in June 1999, became its president in June 2000 and was named chief executive officer in June 2001. His turnaround of Nissan has gained him celebrity status in Japan, where he has published books and even has a manga character based on him.

When he joined the NISSAN company, IT HAD DEBT OF $20 BILLION and ONLY 3 OF ITS 48 MODELS GENERATE PROFIT. Ghosn was viewed as an outsider by the media and parts of Nissan. Ghosn promised to resign if the company did not reach profitability by the end of the year,and claimed that Nissan would have no net debt by 2005. He defied Japanese business etiquette, cut thousands of Nissan jobs, shut the first of five domestic plants, and auctioned off prized assets such as Nissan's aerospace unit. His radical moves have made him Public Enemy No. 1 to Japanese traditionalists. However, in one year, Nissan's net profit climbed to $2.7 billion from a loss of $6.1 billion in the previous year. Nissan's operating profit (EBIT, or earnings before interest and taxes) margin has increased from 1.38% in FY 2000 to 9.25% in FY 2006.

take Carlos Ghosn, RENAULT-NISSAN relationship as the lesson on how to gain full advantage of other company! I believe MODENAS can do it.

The free college education is no longer available in Germany kan?

TonyF is selling services. In services industry lots and lots of cost cutting exercise can be implemented without damaging the services but selling product, you cant really do that. If you shake the tree so hard to remove the bloody dead wood and reduce the workforce, you'll might lose the brains as well. Sales not improving, volume reduce but you still have to maintain the same OPEX and in the end the company bleed you to death (as what happen to Proton). Unless you can have magic wand and wish for new, good, cheap acceptable product can be churn out fastest (3 to 6 months) and sold in volumes. GM america is suffering from same issues (except for high inventory, I dont think MV have high inventory haha) where the OPEX is bleeding the co to death with high inventory and limited access to credit.

want to know.. is it true the old car scrapping scheme, that so many low income malaysian against (15 years old car).. in Germany just 10 years old can get RM2,500, more than to one month low income salary in Germany.. during its implementation, Germany car sales up 40%??

about MODENAS.. they should not rely so much on Kawasaki, go buy MV Agusta from Italy, they got the technology, get their R&D and think well plan strategy for better future.

it is not same if we get license from other company (say Kawasaki), while we own Italy great engineering.. u can't get full knowledge of motorcycle engineering if you too rely on others, but you can get the full knowledge and the engineering if you own that company (MV Agusta) because you are the decision maker. But for sure you must know how to handle its financial status.. one of the solution i think MODENAS can ask help, advice from AirAsia founder Tony Fernandes on how to take care MV Agusta account (Tony Fernandes was admitted as Associate Member of the Association of Chartered Certified Accountants (ACCA) in 1991 and became Fellow Member in 1996.).. he is the one who save AirAsia from RM4 MILLION debt and turn it to be the world best low fare airline.

November 5, 2009 @ 8:51 pm

"I still think a lot of ppl dont even know how other country tax works…

Yup they tax 50%, but remember that if u use ur money to loan house + loan car + invest in fund..

Take EUR2000 – House loan 350 – Car Loan 350 – 300 invest funds = EUR1000

Tax 50%, u only be tax EUR500. A lot of ppl invest in funds which help them from being tax, when they need money they can just withdraw from funds which in turn they are not actually tax 50% on their salary every month!"

Believe me: House loans, car loans and investments will not decrease the amount of tax you have to pay in Germany. Actually you have to pay 50% of your salary as tax & social insurance fees. The tax free investments you talk about are for your retirement plan and can only be withdraw if you reach the age of 67 (the german retirement age).

On the other hand hospital bills (even expensive operations) are paid 100% by social insurance, schooling is free up to the university level and when you're in trouble and unemployed, the insurance will pay your rent and gives you money to live from.

Why I'm so sure ? I worked & lived 25yrs in Germany…

May I know which country has the tax structure like that… Must be a rich country with a lot of O&G like UAE

Obviously you hate gov so much.. instead of keep complaining.. why dont u act with ur vote… If u have voted and still no changes then I think its the best time for u to think of migrating to the country that u think their gov doesnt tax that much..

Well no point keep complaining everywhere… Its just a nuisance.. act now or never…

Yup they tax 50%, but remember that if u use ur money to loan house + loan car + invest in fund..

Take EUR2000 – House loan 350 – Car Loan 350 – 300 invest funds = EUR1000

Tax 50%, u only be tax EUR500. A lot of ppl invest in funds which help them from being tax, when they need money they can just withdraw from funds which in turn they are not actually tax 50% on their salary every month!

If oversea is so bad, why everyone want to migrate oversea?!? Huh? Katak di bawah tempurung.. U tot their G is blood sucker compare to us day light robber?

Try not to think that MV Agusta is worth One Euro. Clearly, the liabilities of MV Agusta exceeds its assets. When Proton Capital Sdn Bhd signed the Shares Purchase Agreement with Gevi Spa, one must state a sum as Purchase Consideration. You can't have Zero or negative consideration so the nominal unit of One Euro is stated. This is the norm.

So in fact Gevi Spa actually paid One Euro plus 106.94 mil Euro of Restructured Frozen Debts and Working Capital amounting to EUR32.50 million for the assets of MV Agusta.

Well, Gevi SpA is an investment holding company, it is the private equity division of one of Italy’s oldest and most established banks, Banca Carige.

If you have deal to make in Italy, just google ‘Gruppo Banca Carige’, if you need their advise.