You must be a Labour supporter - their standard line is to blame...

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stradzz

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22/03/24

16:12

Post #: 73017116
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Originally posted by VYR: ↑

Seriously do we really need to wonder.

Management have demonstrated the ability to get the number one seller position in the markets they target they are very busy building new associations, new up market products, new management teams, a new European Head office in Milan and doubling the size of the factory to provide space for lease to parts suppliers and growing Rand D functions and production of new models during this difficult period for sales so they are ready to hit the ground running at full speed when the market turns.

Can't blame them for what Putin and Hamas have done to world economies and cost of Living together with the associated lack of spare cash floating around for people to buy discretionary items. All that will pass as sure as night follows day.

Paying peanuts will only attract a bunch of monkeys. VMT has a great business plan and rewarding good performance in the execution of that plan will inevitably lead to the market valuing the business properly when things normalise.

Equities investors should know they need to be patient during the down times. Those who do, particularly the ones who "buy when others are selling" will be exceptionally well rewarded when the good times return.

Cheers

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You must be a Labour supporter - their standard line is to blame everything on the Ukraine and Israel. Personally i think it is poor financial management by Labour more than anything else.
Good to be number one seller position but means jack shit if the sale numbers are low. Despite your ongoing admiration and praise for VMT management you can not deny that all management is really achieved in recent years is to reduce the share price by about 70% and increase dilution to shareholders by putting their little snouts in the feed trough. Yes it will be great if bike sales increase but seems to be taking a long time, meanwhile consumers are still buying new cars, houses etc despite the wars in the northern hemishere.

VMT Price at posting: 15.5¢ Sentiment: None Disclosure: Held
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1 Great analysis

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