From June's maiden monthly unaudited net profit until November:
June NPAT unaudited $80K 1 store
July profit $40K 3 stores 24K/42K power eagal units completed.
August profit $121K 4 stores 1198 units sold through stores 33K/42K power eagal
Sept profit $126K 4 stores 1500 units sold 33K/42K Pow E
Oct profit $192K 6 stores 2490 units sold 38K/42K Pow E
Nov profit $201K 8 stores 3197 units sold 41K/42K Pow E
Total unaudited net profit of $760K for the 5 months shown good acceration in profits. Indonesian deal is promising with 70M prehistoric internal combustion scooters used in Indo currently and a deal done with large car dealer to sell Vmoto scooters and will order a minumum of 17500 units over the next 5 years however if they sell like they do in China 3200 from an average of only five stores within 5 months, I'd suggest PT. Garansindo Technologies network of possibly 30-40 big stores could sell alot more than that.
I stress that this is a risky stock however I'm looking forward to audited results and we need to keep a close eye on the cashflow statement (I want to see improving operating cash flow) as well as the balance sheet (I want to see a reduction in liabilities and debt with increases in assets ie equity increase)
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