Ann: Market Update, page-29

MT there is money to made every day in the market. What point am I missing?

Some people have a long term view on stocks (Refer Buffettology or The Essential Buffett or The Warren Buffett Portfolio)

Some people BUY on fundamentals of a company not the share price and if the fundamentals are good at say 34.5c a share the fundamentals ARE EVER BETTER at 15c a share.

Do you get that point?

Over the longer term if a company is well managed (IE VMT) averaging down at these levels is obviously strategically a very good thing to do.

If one has a good read of today's announcement things have only got better and even though the PANIC SELLERS are selling this creates wonderful buying opportunities for astute investors to increase their holdings in well managed companies that keep expanding during troubled times.

I have cut and pasted the highlights for you in the event that you may have overlooked them or possibly your glasses were a little dirty and highlighted for you some pertinent points for ease of reference.

MARKET UPDATE
ANNOUNCEMENT 16MARCH 2020
Vmoto Limited (ASX: VMT), the global scooter manufacturing and distribution group specialising in electric powered two-wheel vehicles, provides the following update on its operations thus far into 2020.

Highlights•
New exclusive distributors appointed in Paraguay, United Arab Emirates, Peru, Russia, Serbia, Kosovo, Montenegro, Bosnia, Herzegovina, Macedonia and Albania, expanding international distribution.

Discussions and samples shared with a significant number of potential new customers

•Additional order secured for 2,000 units of Vmoto’s ride sharing products,with deposits received from Netherlands ride-sharing partner, Go Sharing.

Production remains on track and delivery will commence at a mutually agreed time

Further 300 units of ride-sharing electric scooters delivered to Zig Zag Italy, following an initial order of 170 units delivered in 2Q19•
Vmoto and its partners have participated in a number of international marketing events which have proven commercially beneficial and provided a large number of business development leads and sales
•Vmoto’s manufacturing facility remains fully operational and manufacturing is unaffected in light of the Covid-19 outbreak