ABV 0.00% 5.5¢ advanced braking technology ltd

whoooooooaaa.........!!!!!Now unless I missed the re...

  1. 9,158 Posts.
    lightbulb Created with Sketch. 793
    whoooooooaaa.........!!!!!

    Now unless I missed the re announcement that announcement is from 2012????

    So between 2012 and now they sold how many??? Bugger all if any. So much for a major revenue stream. Hard with being a single supplier with not a decent support network or spares back then .

    Now a full system on all 4 wheels of a truck boggy axle truck back then is not the same as being proposed in latest announcement IMO. It can't be as no way are they selling at that price.

    So back to facts - looks like they have a skip company in Perth who wants extra braking capacity while vehicle is stationary and it seems to be a single unit attached to tailshaft is the proposed answer as I can't work out how else it can be done cheaply or have I got it wrong ? It is all they require. There is other competition out there for driveline brakes using standardised parts but depends if adapters for particular trucks is available and engineering approval done. Better than 2 lumps of hardwood used as wheel chock by so many back in the day

    I'm hoping you just put up that announcement without a date to demonstrate the other possible advantages of a full system of wet brakes applied to a on road vehicle doing lots of cycles. The other thing to remember that in the last 7 years that some trucks are moving towards air disc brakes as standard fitting so the advantages over old drums has narrowed in some aspects and there is very complicated integration with brake force distribution, ABS , tyre pressure sensors , wheel hub motion sensors and automated emergency braking all with proprietary software and hardware . Bluntly unless there is a partnership with Bosch or a provider to truck manufacturers integration of whole systems on road IMO is getting harder due to standards , indemnity, insurance and also OEM suppliers not worried about getting spare parts sales as parts wear or corrode.

    So you buy a new truck , fit it with ABV brakes that are not OEM approved and at some point there is a accident involving brakes. How do you thing massive conglomerates like CAT Volvo , kenworth , iveco etc will support that insurance claim? IMO Lawyers will initially put all doubt and responsibility onto the accessory fitted as their first defense as they didn't manufacture or install it and it left their factory as a serviceable vehicle as a example. Yes ABV have engineers and certificates of compliance etc Off road mining experience is a different world that ABV have data and history on but on road the big boys have the real world on road data and big braking partners.

    It is only the demand that operators over decades have demanded standard axel sets etc so they have consistent known maintenance costs and low technology risk that allows so much average poorly maintained truck brakes on the road. They are big , heavy , agricultural but simple and easy to maintain so firms stick with them and resist transition to newer ones until there is a definite advantage - like corrosive aggressive environments where the economics and make it worthwhile to take risk. I am still surprised that iron ore trucks didn't end up with them as they are single use, long life , horribly aggressive environment and yet it never sold a set even though a major fleet supplier was doing the numbers?? Management never did give a decent explanation of that failure to sell nor the multiple fleet renewals since then The fox group - can't work out why it didn't just buy whole company up and have a maintenance advantage by its trucks over all other Australian competition and license to large European 1 firm in each country. ? I guess the scale and size with turnover they have with volvo etc means that they already have pricing advantage over smaller fleets.

    AVB have to exploit all the small specialist niches ASAP as gradually with better technology brakes and braking systems as the normal off the shelf OEM brakes are getting better or will have heavy duty options that negate some of ABV advantages .

    The other thing is that inspection standards / stations / portable weigh stations are gradually getting better so more dodgy brakes on heavy vehicles should be getting less and more publicity over manslaughter charges against drivers and trucking companies mean drivers will refuse to leave the yard if they know they have bad brakes . The industry is trying to get a better responsible reputation IMO and get rid of dodgy brothers but price pressure and bad contracts often lead to lowest bidder .
    Last edited by Teddyward: 1001 12/06/19
 
watchlist Created with Sketch. Add ABV (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.000(0.00%)
Mkt cap ! $20.97M
Open High Low Value Volume
5.5¢ 5.5¢ 5.5¢ $3.193K 58.05K

Buyers (Bids)

No. Vol. Price($)
1 200000 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 458833 2
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
ABV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.