General Discussion, page-1257

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stradzz

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31/01/23

08:47

Post #: 65964273
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Originally posted by VYR: ↑

Interesting observation. I have no knowledge of what shifts are worked but it's easy to work stuff like that out.

The last announcement on the subject of plant Capacity told us two production lines were working and they had a 130,000 unit PA production capacity which working 50 weeks a year 24/7 would be a production rate of 16 bikes an hour.

We are producing circa 40,000 units per annum which means the plant is probably running about 50 hours a week.

The reason people need to go back and forth is simply because they haven't been trained in Research and Analysis.

When you are investing in an irrational market which is driven by greed in the good times and fear in the bad times its not possible to avoid paper losses in a fundamentally strong company during the fear driven periods on shares you bought in the proceeding greed driven period or some time in the distant past before the company failed doing different things.

A small number of posters who it seems entered during the 2020 greed period aren't prepared to accept that their losses, are temporary and market driven and keep trying to convince themselves that it's the companies fault.

In terms of the remaining two drivers of fear that are the real cause of their grief:

* The increasing resolve of the west in supporting Ukraine will hopefully bring that to a speedy resolution.
* It seems the fears of recession are evaporating.

Nice to see the ASX 200 up from 7038 at the end of the horrible 2022 to 7629. Very positive indeed.

I read this with interest this morning.

“Australia’s economy will likely avoid recession and expand over the next three years,” S&P said on Monday. “This reflects low unemployment and high commodity prices. Australia benefits from being a net energy exporter. Our ratings on Australia benefit from its strong institutional settings, wealthy economy, and monetary policy flexibility. Although external indebtedness is high, external risks are balanced by a current account surplus.”

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I don’t think what you read this morning has any relevance to VMT simply because the company is not based in Australia and despite being listed on the ASX, probably the only financial gain australia receives is the the tax from Blair Sergeants wage. Therefore the australian economy really has nothing to do with VMT. I think that is probably why VMT is being ignored. It is a chinese company hiding in australia that is currently showing little benefit to the australian economy or its shareholders.

VMT Price at posting: 38.5¢ Sentiment: None Disclosure: Held
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Last 13.5¢		Change -0.005(3.57%)		Mkt cap ! $56.45M

Open	High	Low	Value	Volume
14.0¢	14.0¢	13.5¢	$5.961K	43.47K

Buyers (Bids)

No.	Vol.	Price($)
2	105780	13.5¢

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Price($)	Vol.	No.
14.0¢	56524	1

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No.	Vol.	Price($)
2	105780	0.135
1	36889	0.130
2	64000	0.125
1	6271	0.120
1	34652	0.115

Price($)	Vol.	No.
0.140	56524	1
0.145	83344	5
0.150	403897	4
0.155	58432	1
0.160	18100	1

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General Discussion, page-1257

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General Discussion, page-1257

Top Stories

Geochemical work at Newington picks up gold and copper anomalies for Midas

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

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