VMT 3.57% 13.5¢ vmoto limited

Upward momentum continues., page-40

  1. 208 Posts.
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    I felt we need to get the words out to the international community to spur the SP hence I started posting about VMT on disallowed.. Here's my rant!

    Vmoto on ASX (counter: VMT) is a manufacturer of ebikes.


    10mil cash, <1.5mil debt, cash flow positive operation, sold 20,000 units in 2019 - sales beat QonQ last 2 years and expecting strong growth trend, turned profitable end of 2019, rebadged their ebike model, CUx for Ducati and sold aplenty, currently supplying to 4-5 rideshare companies and talking to a dozen more, increasing demand for their delivery bike model, Vs1.


    Check out their cool ebikes, en.vmotosoco.com. Market cap is only AUD 60mil, she is about to explode!


    Bullish


    Let's hope my little effort attract some sales or investors
 
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