VMT 0.00% 12.0¢ vmoto limited

Its interesting to look at the possibilities for 2021.The two...

  1. VYR
    4,301 Posts.
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    Its interesting to look at the possibilities for 2021.

    The two numbers that I find helpful are

    (1) Opening order book.

    * in 2019 we delivered 6.6 times Opening order book

    * in 2020 smashed by covid we still managed to do 6.0 times opening order book

    * If we conservatively do 6 x opening order book in 2021 we will have sales of circa 40,400. and based on 2020 margins end with a NPBT of $9.6m

    (2) Greenmo's January order as it could give a hint to overall sales growth.

    * Greenmo's initial order is up from 2000 to 5904 which is which is 2.95 times

    *.If we can optimistically get 2.95 times across the board then we could see sales of 69,400, and based on 2020 margins end with a NPBT of $19m

    That would be a bonanza year for those smart enough to read the writing on the wall and load up.
 
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