VMT 0.00% 12.0¢ vmoto limited

Ann: Market Update, page-54

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  1. 1,951 Posts.
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    Ok thats a start I guess. I do think VMT need to grow the sales figures too, though. In my mind what would send the share price through the roof is if they reported a step up to >30k quarterly sales with a decent share of that in new markets, and also defence of the Chinese market. I thought there might be something good to come from the food delivery businesses as mentioned in the last quarterly update.
    More positive commentary was noted from the last update, however if as pointed out above they need capital to fund leasing production, and management are ramping in advance of that, then that would be a short term bugger for holders. But, if there is a shift up in sales and profits coming, this could be awesome for holders.
    What would be neat is a sales update for July/August in their upcoming results release.
 
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