A press release forecast of 15,000 European sales for 2019 given on the 6th of November shouldn't be rubbery.
If it isn't though, one has to wonder whats driving the more recent NPAT forecast which indicates that we haven't made any profit in Q4.
As you say with 7,592 European sales in the first 9 months Q4 unit sales of 7,408 would be an absolutely massive improvement on the 2099 units sold in Q3. Some interesting revelations to emerge in the next couple of months. Hold on to your seats.
The other three things in the release that auger well :-
*We are happy, for example, to consolidate the collaboration with our dear friend and Super Soco world brand ambassador Dario Marchetti (formerly a Ducati world brand ambassador)
*All the group's marketing and communication activities will be run from Italy.
*we opened a branch of Vmoto Soco in Amsterdam last year, which from the beginning of 2020 will become our European headquarters for logistics, servicing, spare parts, accessories, and quality control.
The image statement " Italian Design, German Engineering. Chinese Manufacturing," paints a great picture but the companies Chinese roots at the greasy end of the spectrum, whilst last in line in the statement, have to date been at the fore front of the image.
With our Quality control headquartered in Amsterdam and our and Marketing headquartered in Italy we are becoming a true European Company with our nuts and bolts partner doing all the greasy stuff in China because thats the most competitive place in the world at the moment to do that. Following in the footsteps of all the big international brands rather than a Chinese motor cycle manufacturer. Great Image.
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