VMT 12.5% 18.0¢ vmoto limited

The article states "total export value of motorcycles and parts...

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    The article states "total export value of motorcycles and parts are up 267%"

    Total means not just malaysia. Total exports. No mistake. This would include, Europe, south America, Indonesia, and Malaysia.

    As it mentions motorcycles and parts together this could mean value of motorcycle exports significantly decreased while value of parts exported significantly increased.

    Obviously from the quarterly we know that motorcycles aka units significantly decreased.

    So, if the article has any truth to it, Vmoto's value of parts exported increased significantly. So much so it eclipsed the drop in value of motorcycles exported.

    Of course, the statement itself could be a mistake however as V pointed out Xie is a good source.

    More likely that Afd is correct and these parts were exported as part of the various ventures Vmoto is exploring and they may not see the true value of these parts exports appear on the balance sheet immediately.

    Either way, it's a great sign if it is true.

    I've contacted the company for clarification. Will let you know if I hear anything.
 
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