Too quiet VMT, page-4

Come on you lot. Stick to the facts.

When all we had hanging over the market in March 2 years ago was covid numbers building. The Market had VMT at 11 cents and you could buy heaps. As the northern summer came along covid didn't look like such a threat and the SP jumped to 65 cents.

We now have covid rampaging through Hong Kong and likely China as well. We have talk of China invading Taiwan and Russia is waging a merciless war against its neighbour. The world is in turmoil and there is talk about a nuclear WW3. Petrol prices are $2.50 a litre and inflation is gathering momentum.

Meanwhile the Market is valuing VMT at 38 c which is 3.5X in two years and more than 6X in the last 3 years.

Sure if you bought on the highs instead of the lows you have been making bad calls and could be suffering but the company has no control over how you invest or how The Market values the shares.

What is happening at the moment with covid in China is just bad management on the vaccines and will be bought under control in a short time. Whats happening with Putin is insane like the man. He will be headless and powerless in no time and Xi will have a vivid picture of the damage that has been inflicted on Putin and Russia. I think XI is a lot smarter than Putin and won't see much future in carrying on with any silly nonsense on the Taiwan front and knows how important the rest of the world is to Chinas growth rates and well being. There is already a ground swell of internal discontent with his posturing on wealth distribution associated with reducing the size of the pie the seising control of Taiwan business.

In the unlikely event that all goes belly up with manufacturing in China VMT will shift its assembly to the Netherlands or Poland or???. The factory in China is a big shed a couple of assemble lines that took a week to install, a small office and a bunch of worker accomodation. VMT could lease a shed in Europe tomorrow and send the moulds and assembly lines over in containers, change the delivery address on the specialist component orders and be supplying European built bikes next month. The buyers would likely be prepared to pay more and the Stock Market would be left short of negatives.

Tell us about the other stuff that has done better than 6x in 3 years is trading at 30% of brooker Estimates.