VMT 3.57% 13.5¢ vmoto limited

Guys be really careful of the dodgy PE comparison analysis...

  1. 2,973 Posts.
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    Guys be really careful of the dodgy PE comparison analysis provided above.

    If you look at MTVs chart it shows a gradual rise in the VMT share price over a period from late 2019 to mid-late 2020 (with only a temporary blip from COVID) and reflects a lot of share price catalysts for VMT and big announcements from the company, the merger, Ducati etc etc, including some great forward-looking statements (under the previous chairman - a focus on the share price).

    https://hotcopper.com.au/data/attachments/4795/4795419-73b3c4bd0330b56314a9b2835c5cfa13.jpg

    The second chart provided by another poster shows something altogether different. The VMT share price was on the rise long before the temporary spike in the ASX P/E (a short lived "COVID bounce"). In fact, the VMT share price was well past its peak by April 2021 (the peak in ASX P/E),as shown in both charts - easy to visually line them up. Be careful out there, sharks in these waters.

    https://hotcopper.com.au/data/attachments/4795/4795423-d51038a42be6d0322c8dd9a0bbbbc154.jpg

 
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