VMT 0.00% 12.5¢ vmoto limited

Claude,Unaudited profit has been growing month on month since...

  1. 567 Posts.
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    Claude,

    Unaudited profit has been growing month on month since July, so it would be reasonable to expect this monthly figure to grow into 2014 on the back of more store openings and increased production for both the E-Tropolis and Power Eagle contracts.

    I would expect a baseline profit of $3.5m this year based on the above and without factoring in any additional contracts / sales (i.e. Street Sweeper, Indonesia etc)

    I am bullish on this stock and think it could peak this year at 10c, settling somewhere in the 7.5c to 8.5c range.

    Certinaly risks as you call out and I am crystal ball gazing, but quietly confident after following this stock very closely over the last 4 years.

    Cheers, Unc
 
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