Australia's largest stock trading and investment forum Australia's #1 stock forum

VMT

Click for more information

6.45%

16.5¢ vmoto limited

Global motorcycle sales numbers for context, page-3

First 3 Last

Share
Profile

Follow
Rojam

415 Posts.

37

18/08/22

21:20

Post #: 63199996
Share

Originally posted by HarkenBanks: ↑

Some big sales numbers globally and some factual basis to the news that e-scooters and e-motorbikes are indeed booming globally, and have been for a while.

Hard one on Soco's China sales ex the JV, all I've been going off is the quarterly sales numbers which I assume refer to the JV only. Subtracting international sales from total VMT Soco, leaves 970 units sold in China for the last quarter. To your question I don't think that includes Super Soco sales ex the JV with Vmoto - but to me it feels like Soco ex the JV is not smashing out the lights in China.

The Super Soco website quotes 35,000 units produced annually by Super Soco, but it looks to include international sales so must by definition include the JV, which suggests not much actually being sold in China ex the JV.

SUPERSOCO

Note the business timeline omits the Vmoto Soco JV, but refers to other JVs - a little sour.

Though, Super Soco have been trying to sell some units in China.
Ev Super Soco CT-3 | EV Goes On Sale In China And Europe Soon (bestelectriccars.co.in)

Expand

This reinforces the view that VMoto need to massively increase output (assuming their dealers have waiting lists for orders). Do they though?

VMT Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 3 Last

Add VMT (ASX) to my watchlist

(20min delay)
Last 16.5¢		Change 0.010(6.45%)		Mkt cap ! $69.00M

Open	High	Low	Value	Volume
15.5¢	16.5¢	15.5¢	$26.59K	167.1K

Buyers (Bids)

No.	Vol.	Price($)
1	42893	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	7910	1

View Market Depth

No.	Vol.	Price($)
1	42893	0.155
2	27727	0.150
4	27416	0.135
3	24200	0.130
3	125123	0.125

Price($)	Vol.	No.
0.165	7910	1
0.170	25841	4
0.175	50558	3
0.180	77510	6
0.185	131250	3

Last trade - 15.52pm 07/06/2024 (20 minute delay)


Last 15.5¢			Change 0.010 ( 3.33 %)
Open	High		Low	Volume
16.5¢	16.5¢		15.5¢	23339
Last updated 14.03pm 07/06/2024 ?

VMT (ASX) Chart