VEE 3.94% $1.59 veem ltd

Ann: VEEM Reports Strong Profit Growth for 1HFY24, page-22

  1. 4,165 Posts.
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    Another comparison video testing the Sharrow prop.
    Convincing results.
    https://www.boatingmag.com/sponsored-post/the-prop-test-sharrow-mx3-vs-standard-prop/

    On the Sharrow x Veem prop pricing. Not everyone can afford a Supercar, but plenty can and plenty pay for them.
    When it costs you $100k for fuel to fill your SuperYacht, the 30% fuel efficiency saving will pay for itself in a matter of 2-3 months.
    If I was running NSW Transport, I would be making sure Transdev got Sharrow x Veem props for any new boats in the fleet.
    Retrofitting during service would also make sense based on the fuel savings.
    They have 41 ferries according to Wiki, that alone would be a huge opp for Veem.

    And people forgot, this isn't just about the props.
    It's also the Gyros.
    And the Forever Pipe.
    But don't forget AUKUS and the defence revenue either.
    Last edited by jaluma: 21/03/24
 
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