VMT 10.7% 12.5¢ vmoto limited

Wow. Just read the report. All 22 pages of it. Impressive....

  1. afd
    2,133 Posts.
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    Wow. Just read the report. All 22 pages of it. Impressive.
    Biggest plus for me was that soco selling @34k units into China p.a. which means heaps of capacity for VMT to increase output (several fold) without any need to get more production space.
    I figure ex-China sales will soon pass China sales.
    Also comforting to know that the valuation method to declare (short-term) target of 70c is conservative and based on good old DCF methodology. Yay!
 
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