Vmoto versus Niu, page-65

End of month/First week of November.
Extremely confident. Find it impossible to even consider low sales. Being Summer in Europe. Coming out of Covid as opposed to previous record quarter that was entirely during it. €1000 government subsidy per bike.
6000+ presales, they could be part of the main sales or they could almost be irrelevant to what was sold on top.
My numbers (including preorders) are 12000-14000 bikes. Would be surprised in under 10,000. Best of all though, rather than base anything from these upcoming results, I believe the next 5 years will be record quarter on quarter and year on year. They're only at the tip of the iceberg as far as expanding globally and getting brand recognition out there. New models of bikes with ongoing improvements, bikes in 5 years will put today's to shame. Also believe they'll venture into cars in due course. Obviously good numbers are important for short term SP, and they will be, but the bigger picture here is probably more exciting. When I remind myself that Thailand alone did 1.8m scooters last year, today's numbers are minuscule and without getting carried away, one day we will see 100,000 a quarter. Happy holding.