Apollo Motorhomes prepare to list on ASX

rockylizard · Guru

Apollo Motorhomes prepare to list on ASX

the rocket · Guru

does that mean they will b more expensive cos. Shareholders want their cut or what does it mean? What other companies building caravans or motorhomes r on asx? Is say, jayco on asx? I do not understand.

-- Edited by the rocket on Friday 7th of October 2016 09:03:17 AM

madaboutled · Guru

rockylizard wrote:
Gday...
Good to see there's still plenty of 'GN money' around
http://www.afr.com/business/tourism/cashedup-grey-nomads-eyeing-160000-motorhomes-fuel-apollo-20161006-grwfvk
Cheers - John

Hey John, followed the link you gave but seems you've got to pay for a subscription to view the content. Without reading it, our Motorhome is ex Appolo hire fleet, built as strong as on the interior and we're more than happy with it, but, would buy another in a heartbeat..... IF we won lotto!.

Steve.

Tony Bev · Guru

This site below is not a subscribe to newspaper site, unless it forgot to ask me, in which case it may loose a potential customer

Link here

Quote
Apollo Motorhomes is understood to be one of the next companies set to hit the boards of the Australian Securities Exchange and broker Morgans is believed to be mandated for the initial public offering prospect.

Already, the business has been given the backing by institutional fund managers, who describe Apollo as a quality offering, despite being small.

Apollo is one of the world's largest privately-owned leisure vehicle operators. It has more than 300 staff overseeing its fleet of campervans, motorhomes and four-wheel-drives and cars.

It has operations in Australia, New Zealand, the US and Canada and its bases are close to airports.

Founded by Gus and Carolyn Trouchet in 1985, it is now owned by sons Luke Trouchet, who is the chief executive, and Karl Trouchet, the chief financial officer.

Within Apollo's portfolio are a number of brands, including the premium Star RV, Cheapa Campa at the more affordable end, youth brand Hippie Camper and vehicle manufacturing and sales brand TALVOR.

The float of Apollo comes as Morgans also remains busy at work on the upcoming IPO of Noja Power.
Unquote

The article then goes on to tell us all, how good Noja Power will be, for the investors to buy, etc

Hope the link is helpful

Edit to say that once again, I have got egg all over my face, and that somehow my foot has become stuck in my mouth

It appears that the unmentionable website, (I am not here to sell newspapers), has somehow detected that the link I put up, was good enough for them to ask you to subscribe

But...

All is not lost, as I had already managed to copy and past the article
And as this is the first time today, for egg on face etc, I shall have a good day LOL

-- Edited by Tony Bev on Friday 7th of October 2016 05:05:35 PM

stoney123 · Senior Member

i reckon not good investment at IPO. motorhomes makers really need to get their act together. They say european luxury but built for australian standards. load of crap. They offer very small water capacity and should have two tanks as a certain caravan company provides so you can fill one on the go at a river for showers etc and leave other for fresh drinking.

They also provide bugger all solar power. tiny wattage panels and insufficient battery capacity and woefully small inverters.

They should have pull out awnings all round (roof mounted if necessary) to deflect rays and thus prevent radiant heat cooking you.

decent inverter aircon (comeone call fujitsu)

I have 2x200 watt solar and 1500 watt inverter. It powers induction cooktop, engel (why dont motorhmes have them), computers, phone,toaster, bread maker, electric jug, lights,shower. I dont have gas, yet motorhome companies continue to push the two gas bottle solution. gas is expensive and prices vary widely.

I use engel as a freezer and freeze coke bottles for my evakool esky.

I don't need gas.

I have a camping trailer.

montie · Guru

Apollo's core business is rentals.

They don't always build their own fleet vehicles.

Their sales operation is small compared to their rental operation.
They were recently granted the use of the Winnebago brand name in Australia.

Montie