Hi D, I,m a bit surprised that the distributors arn't already...

Hi D,

I,m a bit surprised that the distributors arn't already offering lease terms.

Given VMTs cost of capital having leased assets on balance sheet is not really a viable option.

As you suggest they should form a relationship with a third party financier who has an enormous balance sheet and can issue low yield bonds.

A win win situation for us as we get the increase in sales and should earn an loan establishment fee and a trailing commission.

I recon having a low yielding under-utilised property asset on the balance sheet of a manufacturing company is also not optimism. They should sell the building and take advantage of the low share price to buy back shares.

Then we would all be congratulating ourselves and dreamingof what to do with the gains.

Cheers