VMT 0.00% 12.0¢ vmoto limited

I have been watching this penny awful for years after buying in...

  1. 8 Posts.
    I have been watching this penny awful for years after buying in at the lofty 20c mark and selling out much lower.... and that was before share consolidation.

    Back then Vietnam was the big white hope. Or was it the Spanish Post office. Or was it the local Chinese market..... oh yes I remember, it was ALL THOSE AND MORE! No end of promises and positive warm and feel good stories from management about their marketing activities.

    What company management don't know how to accurately forecast sales and cash flow??? You set a budget at the beginning and continually re-forecast as required both upward or downward as required. Obviously not Charles or Olly.

    Enough "Gunna" and start Doing! But I fear not with this management team. They should GET OUT and leave it to professionals.

    Pity I didn't back those guys... can't remember their names ... who wanted to take over management and stream line the company and put it on a path to make money and not just make promises. Pity we didn't all support them. I wonder if they are still around.
 
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