Another OEM deal would consolidate everything for VMT and it is probably the most likely development, albeit I wouldn't be surprised if management tried to bed down the first 2 before taking on another.
They called out China again ("China and the rest of the world") in the Outlook section of the Qtrly, so they must have lots of discussions on the go there.
Taiwan shows the potential (do we have a distributor there?), just look at the parking on the streets, set up for banks of scooters!
The key for me now is seeing the Vmoto brand sales expand over the course of FY13, both in the B2B and B2C environment.
Coming into the USA summer, I hope there is a big push from our new distributor. One idea was around College campuses, kids from out of town need to be able to get around, so the large colleges to buy 10 scooters and set up a Scooter Sharing service. Kids would need to register, pay X amount to be involved, surely a big market across the country!
Obviously lots of potential in other markets including Netherlands, Brazil, South Africa, etc.
Also anyone notice that http://www.vmoto.com.au/ is "under construction"? Must be giving it an update! Would like to see them take Twitter more seriously, even Vmoto NZ's twitter account has 660+ followers. It would be good to see the photos from the quarterly on Twitter, the information then can spread through lots of other peoples channels and be seen by a larger audience!!
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