VMT 4.17% 11.5¢ vmoto limited

Good points but worth keeping in mind the company is funded to...

  1. VYR
    4,698 Posts.
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    Good points but worth keeping in mind the company is funded to deliver 300,000 assembled units from what seems like 50% of the factory space thats coming up with the other 50% dedicated to manufacturing parts and products.

    If that is anything like 1,500,000 completed unit equivalents VMT will be able to internally fund a massive growth story given they are making a NPAT of circa $300 /unit

    1,500,000 X $300 is mind boggling NPAT for our little VMT with a market cap of $60m

    They will have plenty of retained earnings to buyout or take over the upstream assembly and distribution business which they have already started to do.

    Their business plan of letting others finance those things in the start up years is a good one as we have seen with the buy out of the super soco patents and the assets of the French and Uk distributors from the receivers.
 
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