At first glance co-operating with Super Soco seems like an opportunity to lease some spare space and co-opoerate on R and D and Sales and Marketing.
Filling the factory and adding scale to Sales and Marketing has to be a positive.
When you read what Phil had to say in the Annual Report it goes much deeper than that.
It seems we are gaining scale in manufacturing as well which could be a very positive thing
" A new state of the art production line was installed in Vmoto’s manufacturing facility and is now fully operational. Both Vmoto and Super Soco models are being produced on the same production line........ The aim is to also provide improved supply chain efficiencies and cost savings in the production of Vmoto and Super Soco models."
The half yearly report could be very interesting.
VMT Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
