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9.09%

15.0¢ vmoto limited

Too quiet VMT, page-36

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24/03/22

07:51

Post #: 60385173
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Originally posted by Wizardwiegy: ↑

Not sure why, but Street Hunter and Wanderer have taken 12-18 month since being released and have only started arriving in stores now, as demos but not in stock per se. Hopefully Stash doesn't take so long. We have a nice range of bikes now.
I reckon there's 2 ways to look at Vmoto...
1. Would you pay $150m to buy a company that makes $8m per npat?? No.
2. What about if they made $20m npat? Still not a great investment.
3. What about when we have hockey stick growth in 2024 and make $75m npat? I'd pay $300-$350m. There's your $1.50 sp, it's just around the corner.

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I'm thinking that's exactly how long the Stash will take to be in distributors hands

VMT Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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