Just watched the youtube interview from Eicma..... https://twitter.com/socochina?lang=en
Goodness me, the future looks bright if a half of what Charles says comes to fruition.
Some of the highlights / key points form Charles' segment (he speaks second in what is essentially a 3 part interview):
1. High tech centre to be established in Europe.
2. Two more factories for next year, one in Europe, one is SE Asia.
3. Ducati on board with distribution network, more announcements with major companies soon.
4. 100 retail outlets throughout the major cities in the world planned (assuming through distributors).
5. Re scoping the business.....50% in China, 50% ex-china. Estimated 50/50 B2C, B2B.
6. New model to be launched next year (B2B).
A lot of 'we' talk so that fits with the notion of Vmoto brand disappearing next year and what appears to be a China/ex-China carve up of market.
In any case, sounds very exciting but I cannot understand (again) why this stuff was included in a promotional video and not released as an asx announcement re 'strategy', etc.
Interesting times indeed and I think more concrete reasons to be optimistic.
But please, please make a formal announcement about this stuff!
Cheers
