That said, I figure they, Ivan in particular, is perfecting his cookie cutter.
I am also reminded of a mate whose mantra when valuing companies was ‘show me your forward contracts’.
@600 models atm in the fleet is going to increase to 2000 in next few months. That sorta speaks to the ‘forward contracts’ so also gotta factor that in and I don’t know how that growth rate is going to look into next year.
Re valuations, I also relate back to Charged. Smallish sales but a lot of relationships and spade work done / rails laid.
That’s my ‘gut reaction’.
If I think of other stuff or spot stuff, I’ll yell. Can u do the same?
Going back to the website extract above. There will be more of this stuff and they have ‘planned for it’.
Cheers
VMT Price at posting:
14.0¢ Sentiment: None Disclosure: Held
