When did they release you from the Xinjiang re-training camp...

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2000

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12/08/21

18:13

Post #: 55245217
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Originally posted by VYR: ↑

Gee 2000 you shouldn't be holding back on the apologies. There is a very succinct and very old expression about barking up the wrong tree.

The truth as demonstrated by the numbers you misrepresent is that VMT is the star performer. 2021 first half sales up 97.8% on the first half of 2019. Compared to royal enfield who are down (19.4%). Thats a massive 120% better in that 2 year period.

We know the VMT SP, which by the way is fairing better than Royal Enfield, hasn't performed as well as it should have since the Chairman left. Maybe it was what happened before he left that was the problem.

Could his good business management have been the root cause of the SP dropping since he left. Maybe it would have been better if he had figured out like most shareholders that raising capital wasn't good business management at that time.

Sure Covid was a big threat to the balance sheets of other motorcycle manufacturers as their sales were being smashed but VMT's sales were rising. The CR we had to have unnecessarily diluted all shareholders including Charles and Ivan who could well have been really pissed off, but more importantly it let three Institutions onto the register with their algorithms and ability to drive and drift the price down while they accumulate.

Can't wait until we get on the All Ordinaries Index and the Institutional Sheep rush onto the register to give our Three Bad Wolves someone with deep pockets to feed on. There comes a time when driving and drifting the price up and exiting on a high makes sense.

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When did they release you from the Xinjiang re-training camp VYR. Not interested in 2021 on 2019 numbers, because they were all over the place according to the state of Covid then. What is real and relevant now is 2021 on 2020, and VMT is under-performing compared to all companies that are announcing half-year results in the motor-cycle market. Surely that must make us think ? BMW just in with + 27.2% y-o-y, after admittedly terrible 2020 on 2019 numbers. 107,911 units YTD 2021.

What else is going on. Well Chinese shares are taking a bath, as international investors exit. India has announced a really ambitious programme to convert E2Vs to electric through 2025 ....huge numbers that they most likely wont achieve, but even if they get half-way .... ! But where's that Bird agreement and why aren't VMT fast tracking an offer that Bird can't refuse ? That's where to spend the money ... Production and Promotion in India ready for the inevitable turn-around. My Indian Fund investments are soaring. British consumers still buy a lot of Chinese goods, because for now they can't avoid them, but where there's a choice they look at the labels and are turning away here ! I am. Chinese policies at home, in Hong Kong and latterly Taiwan are unacceptable, and if they think that having a ground army of a million or so will cut any ice against the new toys that the US Generals in the Pentagon are itching to try out, then they need to think again. Hopefully they will, but VMT needs to note !

Come on VYR, trust us, we can re-programme you . 2000. (Ha ... Bajaj just flashed across my screen with YTD 2021 sales of 1.6 million units = +41.3% on first half 2020. Again they had a torrid time 20 on 19, but this is a massive Indian recovery under way. VMT ..wake up call !)

VMT Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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