VMT 0.00% 11.5¢ vmoto limited

Great observation. The annual report for 2016 indicated by...

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  1. VYR
    819 Posts.
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    Great observation.

    The annual report for 2016 indicated by deduction that international sales were approx. 7758 for the year which supports the 2610 number .

    Nice to see total international sales for 2017 up to 11,843. a welcome 53% increase.

    my guess is that the originally reported number of 3434 was based on orders received and the downgrade to 2610 is based on orders delivered in the quarter,

    I recall the buying opportunity that occurred when the profit forecast was downgraded on 24 Nov 16 due to discovery that orders were not going to be booked if they weren't delivered by 31st of Dec.

    A very nice number in the update is the orders to hand for 1st Q 18 which sets the scene for a very good first Q. Its already up 43% on 1st Q 17 with plenty of time for improvement beyond that.

    The upward trend is definitely continuing.
 
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