VMT 6.67% 14.0¢ vmoto limited

Ann: Half Yearly Report and Accounts, page-6

  1. 13,755 Posts.
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    A few things here.

    1) Good to see profits increasing.
    2) Good increase in the cash balance - now up to $25mil.
    3) I may have been too quick in reading the report, but I did not see the number of current orders this time around.
    4) Maybe being too greedy here, but a 28% increase in sales seems on the weak side. Know that sounds a bit illogical. However, VMOT is in the growth phase and 28% over 12 months does seem a bit soft.
 
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