VMT 0.00% 11.5¢ vmoto limited

Amen spelt backwards. "That's not my job":The other side of the...

  1. VYR
    4,716 Posts.
    lightbulb Created with Sketch. 3088
    Amen spelt backwards. "That's not my job":

    The other side of the story is ,if you are winning them all, you are selling too cheaply and will go broke.

    As a young builder I was often tendering against a company called Nema Constructions. I confronted their estimator after a tender opening where their price was, way more than a reasonable profit margin, less than the second lowest tenderer and asked how he was hoping to make a profit with that price. I wasn't surprised when he said that's not my job.

    He went on to say that as the estimator his job was to win the work and the construction division were the ones responsible for making a profit (from the impossible task he had set them).

    Neema turned out to be Amen spelt backwards when Niel Ethel Micheal and Anna who should have stuck to their knitting doing sub contract Carpentry went stone cold broke and took a lot of small businesses that they owed a lot of money to with them.

    It's good business to walk away from unprofitable opportunities.
 
watchlist Created with Sketch. Add VMT (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $48.09M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $42.72K 387.7K

Buyers (Bids)

No. Vol. Price($)
1 50000 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 170793 4
View Market Depth
Last trade - 14.52pm 15/11/2024 (20 minute delay) ?
VMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.