VMT 3.57% 13.5¢ vmoto limited

Breakout, page-30

  1. VYR
    4,596 Posts.
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    PE ratio 102.23

    Unbelievable ?

    We had earnings of $2,003,000 in the half year to June which was 6.76 x the previous corresponding half.

    If we can do the same (My money is on a better than that result) in the current half we should have earnings of $6,750,000 in this half.

    Giving $8.75m for the year which multiplied by a ratio of 102.23 would give us a market cap of $895m by Feb. next year. Nice !

    When reading about the MACD's crossing over I was reminded of the leaping farting monkey. Nobody was sure whether the leaps were making him fart or the farts were making him leap. I'm sure however if we blow off $8.75m of earnings we will leap much higher than 57.5 cents..

    Its nice to be farting around in this space.
 
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