ABV 1.14% 8.9¢ advanced braking technology ltd

recent media article, page-10

  1. 326 Posts.
    lightbulb Created with Sketch. 31


    ABV claims that operators can save upto $15000 a year on

    brake maintenance ,probably for operators in the blue

    mountains!

    City Of Swan reported a cost of $38000 for 5 yr brake

    maintenance expense , ie, $7600 ave/yr

    Assuming , 5 yr life on waste truck then

    Conventional Brakes System

    Cost $10000 ( guestimating)
    Maintenance $38000
    Total $48000

    SIBS Brakes

    Cost $30000
    Maintenance $17500 ($3500/yr )
    Total $47500

    Line ball decision for operators,which,I guess that's

    the reason for the shift in marketing(coming from abv

    management) the main selling point from cost saving

    to environment issues, ie noise and dust

    Question -Has management overestimated the market and

    thus price.

    Evidence is very low volume sales realised

    I'm still holding and hoping but we need a major shift

    in public awareness of the noise and dust issues , more

    so the latter , since we cant expect cost savings to

    drive sales.

    My opinion only







 
watchlist Created with Sketch. Add ABV (ASX) to my watchlist
(20min delay)
Last
8.9¢
Change
0.001(1.14%)
Mkt cap ! $28.70M
Open High Low Value Volume
8.9¢ 8.9¢ 8.9¢ $438 4.925K

Buyers (Bids)

No. Vol. Price($)
1 8791 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 98047 1
View Market Depth
Last trade - 09.59am 26/11/2024 (20 minute delay) ?
ABV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.