VMT 3.13% 16.5¢ vmoto limited

They are certainly painting a picture of a tougher outlook. On...

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    They are certainly painting a picture of a tougher outlook. On the positive side the company is being up front and not making excuses for a tougher market situation in Europe. I also notice that forward international orders of 5,109 are well down on the usual order book of around 8,000. The momentum seems to have been lost this last quarter. The new potential business in Asian and South American markets is promising but, the competition (especially on price) in those markets is not to be underestimated. I like the company, and product, and so will watch how they go this quarter.
 
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