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3.70%

13.0¢ vmoto limited

Good post, I'm curious to know the profit margin on a bike,...

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marhol

2,248 Posts.

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23/02/20

18:53

Post #: 43099129
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Originally posted by TradeX8 ↑

So if we look back on the last years figures.

4Q19 had European Sales of 2,281.

If we look at the order book confirmed below in the last announcement we have already exceeded 4Q19 by 1,673 +++ orders

As at 31 December 2019,the Company had firm international orders for 3,954 units and has continued to receive further orders from its existing and new distributors subsequent to the quarter end.

If we look at the statement below the 720 units sold via Ducati was 80% more than the minimum contracted amount. That is nearly double what they expected from Ducati. To me Vmoto's products are being widely accepted in the market as a reliable product and sales IMO for 2020 year will be up more than the 128.4% achievement on 18/19 years

By the end of December 2019, the Company had delivered and sold 720 CUX Special Edition Ducati units to international distributors exceeding the minimum contracted unit numbers by 80% and demonstrating the strength of VMT’s distributors and VMT’s ability to partner with leading strategically important international players.

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Good post, I'm curious to know the profit margin on a bike, extra 1600 unexpected orders for the quarter you would have to think would be about 4 mill. In sales . Looking real good.

VMT Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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Last 13.0¢		Change -0.005(3.70%)		Mkt cap ! $54.36M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$2.591K	20.14K

Buyers (Bids)

No.	Vol.	Price($)
1	12510	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	161246	4

View Market Depth

No.	Vol.	Price($)
1	12510	0.130
4	115729	0.125
4	17521	0.120
1	34652	0.115
2	16500	0.100

Price($)	Vol.	No.
0.135	161246	4
0.140	676686	4
0.145	71238	3
0.150	375114	4
0.155	98432	2

Last trade - 11.50am 06/08/2024 (20 minute delay)

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