We are witnessing peak Vmoto Soco, right now.
The early mover advantage allowing VMT to penetrate the last-mile delivery space ahead of the coming competitors. Numerous, massive tailwinds for VMT and the EV space. Climate policy accelerating, EV subsidies and EV uptake targets rolling out, consumer and public excitement for EVs in advance of practical realisations, years of record low (and still low) interest rates fanning investor interest in equities. Fossil fuel supply disruptions (war) and high fuel prices driving consumers towards EV.
COVID was a boom for small, personalised transport such as scooters, at the expense of public transport. Combined with the EV-supportive factors such as climate and fossil fuel disasters, making this specifically a boom time for VMT, hence the recent sales increases for VMT.
There are numerous opportunities open to VMT right now as the early mover advantage, before the onslaught of competitors comes in.
There has not been a Black Swan in sight. COVID caused a short-term dip in the share price and it was soon back to normal, with sales accelerating quarter-on-quarter driven by the factors described above.
What you want is the share price to reflect the above, now (or probably 1-2 years ago would have been better), before the gremlins start to creep in and the actual Black Swans show up. These could include an eventual bust-up with the Italians, ramp-up in legal issues with Soco, new competitors crowing the space (eg I see some of them now on social media and they have a much bigger follower base already - for right or wrong), a slow-down in sales, a technical failure/safety issue, a China issue (e.g. war, arrest of senior executive, adverse tax issue) or a long-lived catastrophic failure of VMT to engage with the investment markets and some botched buy-back and attempted re-listing. You can't discount any of these happening, but they may not happen(?), but you don't want to wait around forever to find out.
What the investor would do in light of the above is to troubleshoot why this is still a micro cap company ($110-120m market cap) with no meaningful investors onboard apart from management and their hangers-on, and has failed to start on the ASX after 11 years. Hence some of the better ideas being discussed here and passed on to the company - well done to those hard-working folk on Hot Copper who are doing the heavy lifting here. When some punk on Hot Copper tells me/us to relax, it'll be fine - alert levels come up a bit (ignore). The longer your money is at risk the more it is at risk.
Remember, the share market can stay wrong longer than you can stay solvent, interested, or even alive. You can't just expect the market to miraculously get your stock idea or FOMO to kick in to drive the share price five years later - we're 11 years deep and that's happened once c.2019-2020. This (VMT) is a cryptic, distant management that seems to be holed up in China and with some recent European additions, and a dude here in Australia I'm not sure what is doing (Kochie in recent VMT interview "what are you doing man? look at the (VMT) share price (rubbish), no one has even heard of your company!"). VMT has many disparate threads (now I hear about Qatar manufacturing?) that we only vaguely understand after years of swotting on Hot Copper (thanks all), including a vague picture on future sales picked up by accident from a low key press interview in Europe - how would anyone else understand the opportunity?
Things are going great for VMT right now, reflecting a fortuitous alignment of events -white doves, tailwinds, boomtime, unprecedented support - the Black swans are out there swimming around. Let's see the missing part which is some effort by VMT to proprerly engage the investment markets and drive the share price so investors can realise their investment.
Cheers
HB
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