VMT 4.17% 12.5¢ vmoto limited

making new highs, page-44

  1. 3,625 Posts.
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    My post earlier about PE does not make sense. What i meant was, that based on the current monthly growth rate, using a December 2013 profit of $220,000, and presuming this is the monthly profit for all of 2014 (conservative?), I get a 2014 PE of 25 at the price of 5c.

    Does that make VMT overpriced?

    Having said, the price is moving very quickly. I would not be surprised if it went back down to 4.4/4.5c in the short term. I'm full up on VMT shares and Options, but if it were to go down, I'd be sorely tempted to get a few more.

 
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