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post #1 of 8 (permalink) Old 01-12-2004, 16:34 Thread Starter
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Antonov expects sales boost

Antonov expects sales boost
Investors Chronicle - United Kingdom; Nov 26, 2004
The tie-up between MG Rover and Shanghai Automotive, announced this week, could lift the automatic car transmission manufacturer, Antonov. Antonov had a deal with MG Rover to install its equipment in Rover cars. Hitting back at sceptics, David Bovell, Antonov's finance director, says that the Chinese deal opens the door to much higher sales. He says that it's realistic to expect Chinese production of 750,000 Antonov units by 2007.

If Antonov's management is proved correct, these shares look extremely cheap. Antonov has been proved right before, and is worth backing. Speculative buy.
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post #2 of 8 (permalink) Old 01-12-2004, 17:19
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Originally Posted by Martijn
Antonov expects sales boost
Investors Chronicle - United Kingdom; Nov 26, 2004
The tie-up between MG Rover and Shanghai Automotive, announced this week, could lift the automatic car transmission manufacturer, Antonov. Antonov had a deal with MG Rover to install its equipment in Rover cars. Hitting back at sceptics, David Bovell, Antonov's finance director, says that the Chinese deal opens the door to much higher sales. He says that it's realistic to expect Chinese production of 750,000 Antonov units by 2007.

If Antonov's management is proved correct, these shares look extremely cheap. Antonov has been proved right before, and is worth backing. Speculative buy.
Very speculative buy. There is another company in the same market called Torotrak which I believe was founded out of the remnants of BLs transmission divsion. Both have been close to selling the transmissions to the big companies but haver quite got past trials. The main market was going to be SUVs.

Presumably MGR are going to buy in innovation of the shelf rather than develop themselves. It's how they package it that will count.
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post #3 of 8 (permalink) Old 01-12-2004, 17:56
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Torotrak was indeed formed out of what was BL's CVT development group:

Quote:
1987: The entire Rover Group CVT engineering team transferred to BTG. BTG acquired all CVT intellectual property rights belonging to Rover, Leyland Vehicles and Lucas and combined it with their own Perbury expertise.
(from http://www.torotrak.com/history.html)

BTG (http://www.btgplc.com) is the British Technology Group... the renamed National Enterprise Board, who of course were nominally the owners of British Leyland when it was nationalised in 1975.

It was only a year after the CVT group was split off from Rover that Ford started working with them... what might have been had Rover retained the expertise? Was this just another case of the most saleable parts of Leyland being creamed off, albeit less high profile than Jaguar, Land-Rover or Leyland Bus?
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post #4 of 8 (permalink) Old 01-12-2004, 18:54
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Antonov is a very familiar name to me.

Because of these....

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post #5 of 8 (permalink) Old 01-12-2004, 19:22
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I'm sure someone said last time this was mentioned that it was a different Antonov...French, maybe?
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post #6 of 8 (permalink) Old 01-12-2004, 19:34
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Originally Posted by david_r_bates
I'm sure someone said last time this was mentioned that it was a different Antonov...French, maybe?
Belgian company, I thought.
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post #7 of 8 (permalink) Old 01-12-2004, 22:43
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No connection to the Ukraine based aero manufacturer which produces the amazing An-225 shown above.
post #8 of 8 (permalink) Old 01-12-2004, 23:26
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Yup, Antonov is French.

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John
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