Excellent research Inchiquin. I never noticed this thread on HC until trying to look into Japan this evening. I like the number of stores you mentioned. How cool to think that the biggest 4 brands of motorbikes in the world are all Japanese yet in a weird 2020 world we live in, they have been introduced to an Australian/German/Chinese product that is "cool" enough to even stand a chance in Japan. Google says Japan had sales of 350k-400k last year which has been on a steady downtrend for the past decade but a very nice market to gain traction in and funnily enough said the Japanese have a strong tendency to prefer smaller, more agile commuter bikes despite being world famous for their 1000c super bikes etc so a TCmax souped up with some Honda/Kawasaki flare on the busy streets of Tokyo sounds like a match made in heaven. With 130m people and 200+ stores selling vmoto products, safe to say each store will be selling a certain amount and very hard not to see those numbers rising exponentially over the next decade. The number of stores you mention is insane to stop and think about... I can't seem to find how many stores are selling Vmoto/SuperSoco globally or country by country. If they're going to have that kind of penetration into Thailand and Phillipines on top of Europe it's a scary thought really.
Both of which had new scooter/motorbike registrations of close to 2 million in 2019..... yet here we are on another thread talking about selling 7000-10000 bikes for the quarter. I'm VMT heavy but I think I'm going to go get a loan and load myself up to the eyeballs because I can't see for the life of me how this isn't going to end well.
- Forums
- ASX - By Stock
- VMT
- Big in Japan?
Big in Japan?, page-5
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMT (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.45M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $4.104K | 30.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 52192 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 71489 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 52192 | 0.130 |
2 | 64000 | 0.125 |
2 | 7471 | 0.120 |
1 | 34652 | 0.115 |
1 | 8257 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 71489 | 1 |
0.140 | 23019 | 2 |
0.145 | 77344 | 4 |
0.150 | 363799 | 3 |
0.155 | 58432 | 1 |
Last trade - 15.23pm 30/07/2024 (20 minute delay) ? |
Featured News
VMT (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online