VMT multibagger, page-80

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14/09/17

14:19

Post #: 27218262
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Originally posted by gottalovevmt ↑

Seems that cap raise believers combined with the technical traders, won't be happy until we hit support in the 6's.

Groan

If that's the case, can we just do it already and get on with it.
This pullback is starting to give me the shlts.

Gottafindsupport...

Hi Gotta,

The underlying numbers in the half yearly show some promise.
Get your mind of the porcelain and have a look at these GP percentages.
It seems that gross profit is always higher in the second half than the first.

The percentages for the last five halves have been, starting 06/15

16.21. 17.28. 11.6. 14.45 13.13.

last year second half margin was 24.6 % higher than the first half.

If that can be repeated we could see a GP of 16.4 % in the second half.

Last year second half sales were below forecast at $18.4 M

The predictions seem to be for a better second half. If sales are up the same 15% as the inventories and 16.4% GP can be achieved $GP would be $1m up on the first half which would stop the cash drain and set the foundations for recovery.

Putting the GP margin into perspective.

Honda cycles consistently achieve around 25% and The Indian Hero seem to be in the 12 to 15 % range.

When we get back to $50m in sales and 17.28% margin we will be into profit.

We are not far off.

"Today's prices will be the end of year joke"
(First quoted July 11th. Share price 5.4c)

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VMT Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 12.0¢		Change 0.000(0.00%)		Mkt cap ! $50.18M

Open	High	Low	Value	Volume
12.0¢	12.0¢	12.0¢	$679	5.657K

Buyers (Bids)

No.	Vol.	Price($)
3	43923	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	250918	5

View Market Depth

No.	Vol.	Price($)
2	115000	0.072
1	50000	0.071
2	60000	0.070
1	15509	0.069
1	145671	0.067

Price($)	Vol.	No.
0.076	80000	1
0.077	57665	1
0.078	38280	2
0.079	100000	1
0.080	219315	2

Last trade - 14.26pm 03/12/2024 (20 minute delay)

VMT (ASX) Chart