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11.5¢ vmoto limited

The 120k unit sale number has been proven wrong, and was also...

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brown2348

1,044 Posts.

124

21/11/23

13:18

Post #: 71019121
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Originally posted by VYR: ↑

An unfortunate event rather than a terrible move.

A year ago Graziano was telling the ECIMA attendees he was expecting to sell 120k units in 2024 which, reading between the lines , indicates that the existing factory would be running full in 2025 when the new factory is on track to be ready .

Keep in mind that vacant land 500m from the existing factory isn't a renewable resource and it takes years of preplanning to get new premises shovel ready for construction.

The silver lining:

Everything that can go will very likely go wrong but clouds seem to come with a silver lining in this space.

The conversion to electric in Europe is stalled at a very low percentage of the total market.

The conversion to electric in China is also stalled but at a, quite frankly. unbelievable percentage of the total market for two wheelers in that country.

“China accounted for 53% of global 2-wheel vehicle sales in 2021, a staggering 70% of which ran on an electric motor."

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The 120k unit sale number has been proven wrong, and was also squashed by management. Clearly it was a made up number, so dont think hats should be hung on it.

VMT Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 11.5¢		Change -0.005(4.17%)		Mkt cap ! $46.59M

Open	High	Low	Value	Volume
11.5¢	12.0¢	11.5¢	$34.85K	298.7K

Buyers (Bids)

No.	Vol.	Price($)
2	71082	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	35205	2

View Market Depth

No.	Vol.	Price($)
3	105734	0.115
2	25227	0.110
2	35000	0.105
3	120000	0.100
1	9000	0.093

Price($)	Vol.	No.
0.120	35205	2
0.130	205389	2
0.135	252526	5
0.140	5945	1
0.145	58010	2

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 11.5¢			Change -0.005 ( 9.52 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.0¢	30677
Last updated 15.40pm 01/05/2024 ?

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