VMT 3.57% 13.5¢ vmoto limited

2020 Italian Market, page-65

  1. 3,808 Posts.
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    I doubt the 9500 number personally but do believe the result will still be higher than last Quarter and comfortably profitable.
    For sales to rise substantially we are going to need to sell an incredibly increased amount into China and Asia in general, pretty safe to say Italy and wider Europe has just tanked as a market for us and that's where a bulk of our growth had been occurring.
    At the end of this Quarter 1 think 7500-8000 units would be a fantastic result, positive cash-flow of $700k-$1m is achievable IMO, anything more would be a standout.
    I know it's not really realistic to get weekly updates however I would think that the current situation may spur one soon, particularly as if we fall even temporarily into cash-flow negative it's capital raising time to get the deal just announced done.
 
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