Honda CB300F review: Worth the price?

The CB300F is Honda’s latest motorcycle. It will be sold only at BigWing outlets and will be available in two variants.

Honda CB300F will face Suzuki Gixxer 250 and KTM Duke 250.

People were a little surprised when Honda recently launched the CB300F. Indeed, the manufacturer already markets the CB300R on the Indian market. However, it is important to note that there are many differences between the two motorcycles. For starters, the two bikes have drastically different designs and also have different mechanics. One might wonder why Honda went ahead and made an all new motorcycle? Keep reading the review and we might be able to answer that question.

Sharp but familiar

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The CB300F sits below the CB300R in the lineup.

In terms of design, the CB300F is clearly a naked streetfighter and it can grab quite a bit of attention on the road. For some people, it might look a bit like the Hornet 2.0. However, Honda said the CB300F is inspired by the CB500F which is on sale in the global market. If you look closely, this is true. That said, many people might not notice it because the CB500F is not sold in India and some people might not even know it exists.

Up front there’s an aggressive LED headlight, and then there’s the gold USD forks. The fuel tank is made up of plastic and is a muscular unit. What adds to the design of the streetfighter are the tank fairings. The keyhole is mounted on the fuel tank so it is well within reach of the rider.

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The CB300F is offered in three color options.

There’s a short, stubby engine skid and exhaust. At the rear there are perfectly integrated grab bars and an LED tail light. A special mention goes to the saree guard whose design has been very well implemented. That said, the quality of the switchgear could have been better given that the CB300F is sold at BigWing outlets. Also, I wish Honda had made more visual changes to the CB300F to make it stand out on the road and people not think it’s a Hornet 2.0.

Decently equipped

The CB300F’s instrument console is a negative LCD display with five levels of brightness adjustment. It displays various information such as battery voltage, average fuel consumption, gear indicator, time and much more.

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The instrument cluster displays plenty of information and also benefits from a 5-step brightness adjustment.

In addition, there is a side stand cut-off function, hazard warning lights, a USB Type-C charging socket, a dual-channel anti-lock braking system and Honda Selectable Torque Control which is essentially a system of traction control which can be disabled. The bike, however, lacks a center stand.

The Honda smartphone voice control system and Bluetooth connectivity are also offered. Thus, the instrument cluster can give you alerts if it is connected to the smartphone.

The heart of the problem

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Honda has developed an all-new air-oil cooled engine for the CB300F.

First off, the CB300F doesn’t share the engine with the CB300R. Instead, the CB300F gets an all-new 293cc, single-cylinder unit that gets oil cooling and an SOHC setup. It produces 24.2 hp of peak power at 7,500 rpm and 25.6 Nm of peak torque at 5,500 rpm. In comparison, the CB300R gets a 286cc unit that is a liquid-cooled unit and has a DOHC setup.

The CB300F comes with a smooth-shifting 6-speed gearbox that also has a slipper and assist clutch. For this reason, the clutch action on the motorcycle is very light.

Being a Honda, the engine is refined but only up to the middle of the rev range. Then the vibrations begin to be felt. Because of this, there is buzzing on the handlebars, foot pegs and fuel tank.

Brakes and suspension

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Kudos to Honda for making a beautiful saree guard that doesn’t hurt your eyes.

Braking duties on the CB300F are handled by a 276mm disc up front and a 220mm disc at the rear. The front brake lacks initial bite and progression. By comparison, the rear brake is still better in terms of bite. It might be difficult to drop anchor quickly if the bike is running at triple-digit speeds.

Then there’s the bike’s suspension setup which is firmer. This means that the ride quality of the bike is quite stiff and the rider feels most bumps in the road.

Comfort and maneuverability

Speaking of comfort, the CB300F comes equipped with a split seat. The motorcycle seat padding is quite firm. For this reason, the person would need to go through an adjustment period after purchasing the motorcycle. The seat height of the CB300F is 789mm, which should be accessible to most people. The riding triangle is not so aggressive and the rider would not feel any pressure on the wrists.

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The quality of the equipment could have been better. Also, Honda continues to swap the position of the horn and turn signal buttons, which can be very confusing.

The motorcycle is very light on its feet. The rigid suspension ensures that the motorcycle does not destabilize and the CB300F quickly changes direction. What helps handling is the light weight of the bike. The CB300F weighs only 153 kg. So people who like a nimble bike will enjoy the CB300F while taking it around the corners.

Conclusion

To ₹2.26 lakhs (ex-showroom) for the DLX variant and ₹At 2.29 lakhs (ex-showroom) for the DLX Pro variant, the CB300F is priced higher than its rivals. The only difference between the variants is Bluetooth connectivity. At this price, the CB300F is only for those looking for Honda reliability and a relatively simple motorcycle. The motorcycle is clearly oriented for city use thanks to which it has a strong mid-range and is easy to maneuver.

Date of first publication: August 14, 2022, 1:03 PM IST

Heavy Bike Prices in Pakistan 2022

The heavy bike market in Pakistan has witnessed massive growth over the past few years. Unlike the days when heavy bikes were just a few per city, now you can find them almost anywhere. With the arrival of more and more heavy bike dealers in the local market, bike enthusiasts have started to take a lot of interest in buying these bikes. Despite the high prices, consumers want to expand the local heavy bike business market. You can find some of the latest bike models with awesome modern features. If you want to know more about the price of heavy bikes in Pakistan, we have some surprises in store for you.

The heavy bike market in Pakistan has witnessed massive growth over the past few years. Unlike the days when heavy bikes were just a few per city, now you can find them almost anywhere. With the arrival of more and more heavy bike dealers in the local market, bike enthusiasts have started to take a lot of interest in buying these bikes. Despite the high prices, consumers want to expand the local heavy bike business market. You can find some of the latest bike models with awesome modern features. If you want to know more about the price of heavy bikes in Pakistan, we have some surprises in store for you.

Best Heavy Bikes in Pakistan

  • Honda CB 500
  • Suzuki Intruder
  • Kawasaki Ninja ZX-14R
  • BMW K 1200 S

Here is a list of some of the best heavy bike prices in Pakistan along with their model information, features and specifications.

Honda CB 500

Honda needs no introduction in the motorcycle division. The company has maintained a positive reputation in the global market for its quality bicycles. The Honda CBR 500 is among the most popular heavy motorcycle models in Pakistan. It has an aerodynamic look and feel. The impressive design work is yet another story to watch.

Stylish decals on the dominant solid color of the bike’s body give it an aggressive edge. The seating area comfortably accommodates a rider with a good grip on the fuel tank.

Here is a list of its features:

  • A six-speed transmission
  • Attractive LED headlights.
  • Bright engine diagnostic indication.
  • 4.1 gallon fuel tank capacity
  • 471cc engine
  • Lifetime warranty
  • Colorful

Honda CBR 500 price in Morocco

The price of Honda CBR 500 in Pakistan is around PKR 1,260,000.

Suzuki Intruder

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A very competitive heavy bike from Suzuki is Suzuki Intruder. This bike has created an exclusive market worldwide for its riding style and rugged design. Fortunately, we can find this heavy bike in Pakistan. Like Honda, Suzuki is an equally durable motorcycle manufacturer in the global market.

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Suzuki Intruder M800 has a relatively comfortable riding style with a larger saddle. You can easily reach the throttle and clutch. Additionally, the foot rest area gives you a decent amount of space to stretch your legs while riding the Intruder. Here is a complete list of features you can find in Suzuki Intruder.

  • 123 horsepower engine
  • Dual throttle valves
  • Fuel tank capacity of 19.5 liters
  • Tabular steel frame
  • 120mph top speed
  • Digital injection fuel system
  • 450 V-twin engine
  • Colored brake indication
  • long wheelbase

Suzuki Intruder price in Morocco

You can find a good Suzuki Intruder M800 in Pakistan for 1,700,000 PKR.

Kawasaki Ninja ZX-14R

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Kawasaki is one of the best heavy bike manufacturers around the world. Over the decades, the company has released many unique bikes to impress the global market. As a highly competent bicycle manufacturer, Kawasaki launched the Kawasaki Ninja ZX – 14R in the local market. You can find it at local heavy bike dealerships.

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The Kawasaki Ninja ZX has a traditional heavy bike design with a taller seat and sturdy build. Detailed aero work on the body gives the bike an equally brilliant look from the front and rear.

Here is a list of the complete features of the Kawasaki Ninja ZX bike.

  • Four-stroke, four-cylinder, DOHC, liquid-cooled engine.
  • Maximum speed of 283 km/h.
  • 22 liter fuel tank.
  • ABS traction control.
  • Fuel warning indicator.
  • Low battery indicator.
  • 6-speed transmission.
  • Alloy Wheels.
  • Dual disc brakes.
  • 18 km/l of fuel on average.

Kawasaki Ninja ZX price in Morocco

If you want to buy it, you can get your Kawasaki Ninja ZX -14R for PKR 1,110,700 in Pakistan.

BMW K 1200 S

BMW is one of the premium bicycle manufacturers in the global market. The company has an extensive global network for its premium cars and motorcycles. We are lucky to enjoy some of the best BMW heavy bikes from Pakistan. The BMW K 1200 S is a class apart. It comes with a rugged design and performance.

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The elegant stickers extend over the whole body, maintaining a hierarchy. You may need to lean a little to ride this bike comfortably. The seating area is slightly flat compared to the other bikes on the list. If you want to achieve your dreams of speed, this heavy bike can be among the best options available.

Here is a list of its features.

  • Liquid-cooled four-cylinder engine
  • Tubular steel frame
  • Six-speed transmission
  • 19 liter fuel tank capacity
  • Maximum speed of 286 km/h
  • Maximum power of 10,250 rpm
  • Battery capacity of 12V-14Ah

BMW K 1200 S price in Morocco

If you are a BMW enthusiast and willing to spend some money for better quality then you might want to get your hands on the K 1200 S. The price of a BMW K 1200 S in Pakistan is d around PKR 1,940,620.

Take away key

Here is a list of heavy bike prices in Pakistan as of 2022.

Honda CBR 500 Price in Pakistan —– PKR 1,260,000

Suzuki Intruder Price in Pakistan —– PKR 1,700,000

Kawasaki Ninja ZX -14R Price in Pakistan —– PKR 1,110,700

BMW K 1200 S Price in Pakistan —– PKR 1,940,620

Allstate (NYSE:ALL) Price target cut to $120.00 by Barclays analysts

Allstate(New York Stock Exchange: ALL – Get a rating) saw its target price reduced by Barclays from $123.00 to $120.00 in a research note delivered to investors on Monday morning, Target Stock Advisor reports. They currently have an equal weight rating on the insurance provider’s stock.

Several other equity research analysts also weighed in on ALL. TheStreet downgraded Allstate shares from an ab rating to a c+ rating in a Wednesday, Aug. 3, report. Citigroup launched coverage on Allstate shares in a research report on Monday, May 23. They set a buy rating and target price of $159.00 on the stock. Argus moved Allstate from a buy rating to a hold rating in a Friday, May 20 research rating. Piper Sandler lowered her price target on Allstate from $150.00 to $147.00 and set an overweight rating for the company in a Friday, April 22 research note. Finally, Wells Fargo & Company lowered its price target on Allstate from $116.00 to $110.00 and set an underweight rating for the company in a Thursday, July 21 research note. One equity research analyst rated the stock with a sell rating, six assigned a hold rating, six issued a buy rating, and one issued a strong buy rating for the stock. society. According to data from MarketBeat.com, Allstate currently has a Moderate Buy average rating and an average price target of $142.33.

Allstate Price Performance

Shares of Allstate Stock opened at $118.29 on Monday. The company has a fifty-day simple moving average of $123.94 and a 200-day simple moving average of $127.74. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt ratio of 0.44. Allstate has a 1-year low of $106.11 and a 1-year high of $144.46. The stock has a market capitalization of $31.97 billion, a price/earnings ratio of 41.22, a PEG ratio of 3.54 and a beta of 0.73.

Allstate(New York Stock Exchange: ALL – Get a rating) last announced its results on Wednesday, August 3. The insurance provider reported ($0.76) earnings per share (EPS) for the quarter, beating analyst consensus estimates of ($1.27) by $0.51. Allstate had a net margin of 1.99% and a return on equity of 7.53%. In the same quarter last year, the company achieved EPS of $3.79. On average, sell-side analysts expect Allstate to post earnings per share of 5.36 for the current year.

Allstate announces dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 3. Shareholders of record on Wednesday, August 31 will receive a dividend of $0.85 per share. This represents an annualized dividend of $3.40 and a yield of 2.87%. The ex-date of this dividend is Tuesday, August 30. Allstate’s dividend payout ratio is 118.47%.

Insider Buying and Selling at Allstate

In other Allstate news, CEO Thomas J. Wilson sold 142,000 shares of the company in a trade Thursday, June 2. The stock was sold at an average price of $133.39, for a total transaction of $18,941,380.00. Following the completion of the sale, the CEO now owns 99,828 shares of the company, valued at approximately $13,316,056.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, available at the SEC website. Insiders own 1.77% of the shares of the company.

Institutional investors weigh in on Allstate

Several hedge funds have recently increased or reduced their stakes in the company. Field & Main Bank acquired a new equity stake in Allstate during the second quarter worth $25,000. Curi Wealth Management LLC increased its holdings of Allstate stock by 7,266.7% during the second quarter. Curi Wealth Management LLC now owns 221 shares of the insurance provider worth $28,000 after buying 218 additional shares in the last quarter. Cowa LLC acquired a new stake in Allstate stock during the first quarter worth $30,000. US Asset Management LLC acquired a new equity stake in Allstate during the first quarter at a value of $32,000. Finally, MCF Advisors LLC acquired a new equity stake in Allstate during the first quarter at a value of $34,000. Institutional investors and hedge funds hold 75.84% of the company’s shares.

Allstate Company Profile

(Get a rating)

Allstate Corporation, together with its subsidiaries, provides property and casualty and other insurance products in the United States and Canada. The company operates through Allstate Protection; protective services; Allstate Health and Benefits; and the Damage-Passive segments in run-off. The Allstate Protection segment offers auto and home insurance for private passengers; specialty automotive products, including insurance for motorcycles, trailers, motorhomes and all-terrain vehicles; other personal insurance products, such as renters, condominiums, homeowners, boats, umbrellas, manufactured homes and self-contained scheduled personal property; and commercial products under the Allstate and Encompass brands.

Further reading

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Rising fuel prices spark protests in Bangladesh

Thousands of Bangladeshis besieged petrol stations across the country after the government hiked prices by 52%, the biggest hike on record, due to rising oil prices.

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Russia’s invasion of Ukraine has seen global energy prices soar, although oil has fallen in recent weeks as recession fears mount.

Dhaka announced on Friday that the price of petrol increased by 51.7% and diesel by 42.5% from midnight. Motorcyclists rushed to gas stations across the country to try and fill up before the price hike took effect. Some stations have suspended sales and sporadic protests have broken out.

Protesters said the increases would disproportionately hit the tens of millions of the country’s poor, who use diesel to power transport and agricultural irrigation pumps. In Sylhet, retailers tried to charge higher prices immediately after the hike was announced, police commissioner Nisharul Arif said.

Motorcyclists rushed to gas stations across the country to try and fill up before the price hike took effect. Some stations have suspended sales and sporadic protests have broken out.

Protesters said the increases would disproportionately hit the tens of millions of the country’s poor, who use diesel to power transport and agricultural irrigation pumps.

In the town of Sylhet, retailers tried to impose higher prices immediately after the hike was announced, police commissioner Md. Nisharul Arif said. “People gathered and protested in front of all the gas pumps.”

Similar protests took place in other cities, following protests held earlier in the week. Energy Minister Nasru Hamid told reporters the decision was driven by global markets.

“Some adjustments need to be made given the global situation. If the situation normalizes, fuel prices will be revised accordingly,” he said.

Bangladesh has been hit by rising energy prices following the war in Ukraine, sparking a struggle to source fuel for power plants.—AFP

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Royal Enfield Hunter 350: price expectation

Royal Enfield will launch the Hunter 350cc motorcycle in India tomorrow, August 7th. It will compete with Honda CB350RS, Jawa 42 or the recently launched TVS Ronin.

Royal Enfield will announce the price of the Hunter 350 motorcycle, which will be launched in India on August 7.

Royal Enfield is set to launch the Hunter 350 motorcycle in India tomorrow. The two-wheeler maker will announce pricing for the 350cc bike on August 7. Royal Enfield has already previewed the new bike ahead of the official launch. Except for the price, the features, specifications and other details of the Hunter 350 were also revealed ahead of Sunday’s event. According to the spec sheet, the new Hunter 350 will be the lightest Royal Enfield 350 motorcycle ever made in recent times.

According to the specifications, the Royal Enfield Hunter 350 will come in two variants called Metro and Retro. The bike weighs 181 kg and has a top speed of 114 km/h. The bike uses a fairly common engine with other Royal Enfield 350cc bikes, but there is a slight difference in the gear ratio which is longer than the Classic and Meteor. The two-wheeler maker tweaked it to reduce top speed and improve the overall torque-taking feel of this Scrambler.

The suspension setup of the Hunter 350 will be similar to that used in the Meteor 350. It will have a seat height of 800mm, ground clearance of 150mm and the fuel tank capacity is 13 litres. The Metro version of the bike sits on a pair of 17-inch alloy wheels with front and rear disc brakes. It also gets dual-channel ABS, LED taillight, two-tone paint scheme, among other features. The Retro variant of the Hunter 350 will feature a rear drum brake, single-channel ABS, wire-spoke wheels and a solid color scheme.

Both variants of the Royal Enfield Hunter 350 motorcycle will be powered by a 349cc single-cylinder air/oil cooled SOHC engine which will be offered with a five-speed gearbox. The engine is capable of producing a maximum power of 20.2 hp at 6,100 rpm and a maximum torque of 27 Nm at 4,000 rpm. Royal Enfield claims the 350cc motorcycle will return a mileage of 36.2 kmpl.

The Hunter 350 will compete with the Honda CB350RS, Jawa 42 or the recently launched TVS Ronin when it launches. The price of the motorcycle is likely to start from around ₹1.30 lakh (ex-showroom) and can go up to ₹1.45 lakh (old showroom).

Date of first publication: Aug 06, 2022, 2:07 PM IST

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Universal Technical Institute (NYSE:UTI) price target cut to $10.00 by analysts at Rosenblatt Securities

Universal Technical Institute (NYSE: UTI – Get a rating) had its price target lowered by stock analysts Rosenblatt Securities from $11.00 to $10.00 in a research report released Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Rosenblatt Securities’ price target indicates a potential upside of 43.06% from the current stock price.

Several other equity research analysts have also recently commented on the UTI. Argus upgraded Universal Technical Institute from a “hold” rating to a “buy” rating and set a price target of $10.00 for the company in a Tuesday, June 28 research note. They noted that the move was a review call. B. Riley raised his price target on Universal Technical Institute from $11.00 to $14.00 in a Wednesday, April 20 research note. StockNews.com moved the Universal Technical Institute from a “buy” rating to a “hold” rating in a Friday, July 22 research report. Finally, Barrington Research raised its price target on Universal Technical Institute from $10.00 to $14.00 and gave the stock a “buy” rating in a Thursday, May 5 research report. One financial analyst gave the stock a hold rating and four gave the stock a buy rating. According to MarketBeat.com, Universal Technical Institute has an average rating of “Moderate Buy” and an average target price of $11.80.

Performance of shares of the Universal Technical Institute

A d Investment trends

183 pounds of copper for a single electric vehicle

To build a single electric vehicle (EV) motor, it takes 183 pounds of copper. Compare that to just 18 pounds needed in a gas-powered car. That’s 10 TIMES more copper. Electric vehicles are expected to increase by 1,400% by 2030. More sources of copper are desperately needed to meet demand.

Shares of UTI traded down $1.31 during Thursday trading hours, hitting $6.99. The stock had a trading volume of 37,033 shares, compared to an average volume of 214,839. The company has a market capitalization of $230.95 million, a PE ratio of 12.02, a PEG ratio of 0, 88 and a beta of 0.65. Universal Technical Institute has a 12-month low of $6.43 and a 12-month high of $11.45. The stock’s 50-day moving average is $7.95 and its 200-day moving average is $8.43. The company has a debt ratio of 0.32, a current ratio of 0.92 and a quick ratio of 0.92.

Universal Technical Institute (NYSE: UTI – Get a rating) last released its quarterly earnings data on Wednesday, May 4. The company reported earnings per share of $0.12 for the quarter, beating the consensus estimate of ($0.01) by $0.13. Universal Technical Institute had a return on equity of 31.96% and a net margin of 9.58%. The company posted revenue of $102.09 million in the quarter, versus a consensus estimate of $97.20 million. As a group, research analysts expect Universal Technical Institute to post earnings per share of 0.62 for the current fiscal year.

Insider activity

In other news, CEO Jerome Alan Grant sold 20,000 shares of the company in a trade on Tuesday, May 31. The stock was sold at an average price of $9.08, for a total value of $181,600.00. Following completion of the transaction, the CEO now owns 87,152 shares of the company, valued at $791,340.16. The sale was disclosed in an SEC filing, available at this link. Insiders of the company hold 3.50% of the shares of the company.

Universal Technical Institute Institutional Trade

A number of large investors have recently changed their positions in the stock. Renaissance Technologies LLC increased its stake in shares of Universal Technical Institute by 0.7% during the first quarter. Renaissance Technologies LLC now owns 1,537,294 shares of the company valued at $13,605,000 after acquiring 10,993 additional shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Universal Technical Institute by 10.6% in Q1. Dimensional Fund Advisors LP now owns 953,416 shares of the company worth $8,438,000 after purchasing an additional 91,584 shares in the last quarter. Victory Capital Management Inc. increased its stake in Universal Technical Institute by 4.9% in the 1st quarter. Victory Capital Management Inc. now owns 670,369 shares of the company worth $5,933,000 after purchasing an additional 31,276 shares last quarter. Goldman Sachs Group Inc. increased its stake in Universal Technical Institute by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 538,538 shares of the company worth $4,766,000 after buying an additional 18,136 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Universal Technical Institute by 0.7% in the 1st quarter. BlackRock Inc. now owns 507,116 shares of the company worth $4,487,000 after buying 3,325 additional shares in the last quarter. Institutional investors and hedge funds own 70.66% of the company’s shares.

About Universal Technical Institute

(Get a rating)

Universal Technical Institute, Inc. offers transportation and technical training programs in the United States. The company provides post-secondary education for students who wish to pursue careers as professional automotive, diesel, body repair, motorcycle and marine technicians. It also offers certificate, diploma, or diploma programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute.

Further reading

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Universal Technical Institute right now?

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Reiterates price target of “€44.00” for Fuchs Petrolub (FRA:FPE)

 

set a price target of €44.00 ($45.36) on Fuchs Petrolub (ENG:FPE – Get a rating) in a research note published Monday morning, Borsen Zeitung reports.

Several other brokerages have also recently weighed in on FPE. Baader Bank set a price target of €40.00 ($41.24) on Fuchs Petrolub shares in a research report on Friday. UBS Group set a price target of €27.00 ($27.84) on Fuchs Petrolub shares in a Thursday, July 14 research report. Deutsche Bank Aktiengesellschaft set a price target of €44.00 ($45.36) on Fuchs Petrolub shares in a Friday, July 15 research report. Berenberg Bank set a price target of €42.00 ($43.30) on Fuchs Petrolub shares in a Tuesday, May 3 research report. Finally, Warburg Research set a price target of €39.00 ($40.21) on Fuchs Petrolub shares in a research report on Friday.

Fuchs Petrolub share performance

Fuchs Petrolub stock open for €24.90 ($25.67) on Mondays. The company’s 50-day moving average is €23.84 and its 200-day moving average is €25.69. Fuchs Petrolub has a 1-year minimum of €37.40 ($38.56) and a 1-year maximum of €44.80 ($46.19).

Fuchs Petrolub Company Profile

(Get a rating)

Fuchs Petrolub SE develops, produces and sells lubricants and related specialties worldwide. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, motor and gear oils, motorcycle/two-wheeler and service fluids, as well as various oils for the agricultural sector.

Read more

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Royal Enfield Hunter 350 Launch Date Confirmed: Specs, Features and Expected Price

logo-3-e1633446435798-21 Royal Enfield confirmed that it is set to launch an all-new motorcycle on August 7, 2022 with a teaser revealed on its social media handles. While the two-wheeler maker has refrained from revealing any further details, the new bike will likely be the Hunter 350 which has been spied on several times over the past few months.
The Hunter 350 could in fact become the most affordable motorcycle in the company’s portfolio based on the new J platform. As with previous spy photos, the bike will feature telescopic forks up front, along with dual rear shock absorbers. The Hunter 350 will come with a single seat, round headlight and taillight, blacked-out exhaust and other elements, and will also likely come with a range of color options.

Additionally, the roadster-styled motorcycle will be offered with black-colored alloy wheels, along with the option of wire wheels. The bike is expected to be offered with the same monopod instrument cluster found in the Scram 411. The Tripper navigation system will be offered with the bike as an option.
The bike will be powered by the same 349cc single-cylinder air-oil-cooled engine that likely performs the duties of the Classic 350 and Meteor 350. This engine delivers 20.4PS of peak power, along with 27Nm of peak torque, and is mated to a 5-speed transmission. Price of new Royal Enfield Hunter 350 could start from around Rs 1.6 lakh (ex-showroom).

2022 Hero Super Splendor Canvas Black Edition Launch Price Rs 77,430

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Hero MotoCorp has launched the Super Splendor Canvas Black Edition in the Indian market. The new Black Edition of the Super Splendor is available in two variants – Drum and Disc – priced at Rs 77,430 and Rs 81,330 respectively. Interested customers can pre-book the new motorcycle online at the Hero MotoCorp eShop.

The new Hero Super Splendor Canvas Black Edition comes with an all black color. It also has a chrome “Super Splendor” badge on the fuel tank. The company also added chrome elements near the headlight and on the exhaust heat shield. The changes are very limited to the color option of the entry-level bike.

The overall styling of the bike is largely identical to that of the standard Super Splendor. The Canvas Black Edition features a monopod headlight, one-piece seat, tinted visor, alloy wheels and side exhaust.

The new Splendor Canvas Black Edition is powered by a BSVI-compliant 124.7cc single-cylinder air-cooled engine that powers the standard variant. This engine is capable of producing 10.7 hp at 7,500 rpm and a maximum torque of 10.6 Nm at 6,000 rpm. For the suspension system, the motorcycle is fitted with telescopic front forks and five-step adjustable rear springs. It gets 130mm drum brakes on both wheels. The disc variant comes with a 240mm front disc and a 130mm rear drum. All variants are equipped with a CBS (Combined Braking System).

official quote

Malo Le Masson, Head of Global Product Strategy and Planning, Hero MotoCorp, said, “The Splendor family is the most popular and trusted motorcycle brand in the country. The Canvas Black Edition was created to enhance the high-end proposition of the Super Splendor 125, adding modern elegance to a sleek and technologically advanced model. This new offering will increase Super Splendor’s attractiveness quotient while allowing customers to express their individual style through custom graphics.

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Nigeria’s tech ecosystem groans over rising inflation and fuel prices

Nigerian consumers, who are among the poorest in the world, are miserable as they are increasingly forced to pay more for food, travel or comfort in their homes due to rising food prices. food, fuel prices and poor electricity supply.

Just last week, inflation in Nigeria Pink to 18.6% in June 2022, according to the Consumer Price Index (CPI) from the National Bureau of Statistics (NBS). This inflation, the highest since 2017, is fueled by the high cost of diesel and gasoline, rising food prices and the Russian-Ukrainian war which has pushed up the prices of imported foodstuffs such as wheat. But it’s not just consumers who are crumbling under the weight of the high cost of living, the businesses that serve them are also struggling to stay afloat during this period.

In the middle of it all is an Abeokuta-based online food delivery startup, To eat. EatUp, which started operations in 2020, serves students and working millennials and the fast-growing middle class in Ogun State, South West Nigeria, who are looking to lead a practice outside Lagos, the center of economic activities in the country.

Speaking to TechCabal, co-founder and CEO of EatUp, Abiodun Biobakusaid EatUp was founded with the goal of providing the city’s rising middle class with easy access to quality food and helping restaurants circumvent the physical restraints that limit the number of on-site consumers that they can accommodate.

EatUp partners with restaurants to enable it to deliver food to its consumers from their favorite restaurants in the shortest possible time, and in beautiful packaging. “We claim to deliver happiness in new boxes, and that’s what we’ve done so far,” Biobaku said.

But that has been increasingly difficult to achieve, Biobaku told TechCabal, as inflation has forced the startup to increase its day-to-day operating costs without corresponding growth in profits. “We’ve seen inflation rise 14% to its current position right now, and believe me, that’s taken a toll on our day-to-day operating costs. We manage day-to-day operating costs, and over the past 30 months we’ve seen them increase by an average of 20%,” the CEO told TechCabal.

Rising costs eat away at revenue

Biobaku said that as an online food delivery company, it always has to be online to receive delivery from its website and different social media channels and websites, and even that is no longer easy. as its ISP partners have also increased their prices to withstand the devastating inflation.

Biobaku explained that rising inflation is hurting EatUp’s revenue, primarily because partner restaurants are cutting their food rations in order to increase their own profit margin, forcing customers to find cheaper alternatives. “We used to have regular customers or users who ate at least 3 times a day for breakfast, lunch and dinner, but now we have seen a reduction in the frequency of orders”, a- he declared.

It also costs EatUp more to buy bikes for its riders, pay for data, packaging and branding, and get fuel for its riders, all essential parts of its food delivery operations.

While coping with this, he also witnessed a drop in the number of orders placed by each of his customers. “We currently boast an 80% return rate for our over 16,000 customers, but the frequency with which they buy is reduced. At each point where there is an increase in inflation rates, the purchasing power of each user decreases.

As EatUp seeks funding, they are wary of the value of the amount they are seeking as equipment prices and its burn rate are constantly increasing, so they will need to be “creative” to reduce operating costs, said Biobaku.

The daily running costs of EatUp’s office have skyrocketed. It spends more on fuel to provide constant power to its customer experience team who must stay online to receive orders and monitor delivery to customers.

Earlier in March, the Nigerian power grid collapsed twice, depriving thousands of businesses of electricity. At the same time, businesses have had to scramble to source gasoline due to fuel shortageand when they did, it was at a higher price.

EatUp is one of thousands of businesses nationwide whose operating costs have skyrocketed in recent months due to fuel hikes and poor power.

Working class Nigerians in various cities have had to scramble to find petrol for their cars before they can get to work. For those who do not have a car and depend on public transport, a 100% increase in transportation costs means they have to shell out more money from their wages to get to work. EatUp employees were not spared, and Biobaku said many started arriving late to the office while spending more money to get to the office. This, coupled with the rising cost of goods and services at the time, made their net income much lower, and Biobaku noted that this decrease in welfare affected the startup’s productivity. At the same time, the startup’s delivery drivers have complained about increased fuel costs.

In a bid to survive devastating inflation and rising fuel prices that month, the food delivery startup had to mark up its delivery charges by 20%, from ₦500 to ₦600. The startup has also partnered with fuel suppliers to buy fuel at a discount and distribute it to its fleet of 15 bikes. But it was only a palliative.

“In March, we were well over our spending budget for the month and this has never happened to us in the 30 months of running this business,” Biobaku lamented.

“Our solution to creating accessible food for our consumers is under threat,” Biobaku said.

After speaking with its riders who were clamoring for the startup to take action in light of the latest fuel hike and rising cost of spare parts, the startup decided to raise its delivery charges again, this time by $8. .33% to ₦650. “This is the reality of all Nigerian businesses. You can’t have a stable price rate for so long,” Biobaku said.

To boost its chances of survival, the startup turned to rigorous cost-cutting and the development of new lucrative avenues. He has cut costs by buying spare parts directly from manufacturers to bypass cost-raising middlemen and by running strict office hours that see him open his office only when in use and turn off the lights immediately. His lucrative new business involves creating paid advertisements for restaurant partners and initiating the collection of service fees from them.

But Biobaku doesn’t think his startup is out of the woods yet; he thinks he must be prepared for the economic difficulties that continue to plague the country. “One of the challenges we are currently facing is that we will be producing new products in the near future. We need to consider imbalances in the economy as these unforeseen circumstances threaten to kill products before we even introduce them.

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