Kioti Sales off!

Oleozz · Feb 1, 2007

You didn't start a problem and I agree with you, the new Kiotis I looked at last week had an excellent finish and I looked at everything from the 20's to the 55's. If the HST would have been available last spring when I bought my 45 I would have bought it over the shuttle shift. But, I'm happy with what I have.

Raddad · Feb 1, 2007

If a company has a slump in sales it usualy shows up in the stock price. Dae Dong is doing better than some of the other big brands over the past few years. They have doubled the stock price in the last 5 years. For that kind of performance you need to be a well run company. Good products, good service, good distribution, etc.

000490.KS: Basic Chart for Daedong - Yahoo! Finance

Maka · Feb 1, 2007

Why did I what? Hardly respond. Hardly means minimal in this context and my response was minimal. Hope that is a bit more clear. By the way, I am not a Kioti dealer but respect their products as a very good brand.

As a competitor if I just passed this type of a statement around I would be doing a bad thing to what I consider a good company. In any case SCDolphin explained it and that is good enough.

Maka

Raddad · Feb 1, 2007

Daedong posted US$ 370 Million in sales in 2005. The estimated sales amount would be US$ 431 Million in 2006. Daedong Ag Tractors sold 12,000 units worldwide in 2005 and their export portion is 25 percent. Daedong has a subsidiary “Daedong U.S.A.,” which was established in Wendell, North Carolina, in 1993, to introduce high quality compact tractors to the American market

KiotiDave · Feb 3, 2007

Hi All,
I like this guy Raddad, Keep up the good work.
My sales were up a little, about 4% from 2005.
From what I hear Kioti did very well across the country.
KiotiDave

IslandTractor · Feb 5, 2007

One interesting perspective on how many tractors Kioti is selling can be found in the details of the KL120/130 loader repair program. The company has ordered at least 4000 repair kits for those loaders so far. As those only fit the loaders for CK series tractors built between 2004 and the end of 2006, I guess it is reasonable to assume they must have sold more than 4000 CK20/25/30s. I presume some (?percentage) of the CKs are sold without loaders too. I don't know if 4000 is the total but they seem to have planned on repairing at least that many loaders.