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VMT MASSIVE UPSIDE TO COME, page-15

  1. VYR
    4,570 Posts.
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    "I'm curious to know the profit margin on a bike,"

    We of course know all things about the past and will know this week about the last six months.

    https://hotcopper.com.au/data/attachments/2002/2002661-8d579f6f6eb47fcbe8aa5b27be643150.jpg

    There was some residual activity associated with power eagle in 2018 so hopefully the first half of 2019 is more indicative of the future.

    If the margin has held for the last six months and the low net profit forecast that we have, is because of impairment of assets to get all the dead wood out of the balance sheet, then the the SP will likely go ballistic after the 2020 half accounts are released.

    Our focus will have to shift to what we are going to spend our windfall on. Any ideas ???? Perhaps:-

    https://hotcopper.com.au/data/attachments/2002/2002683-8fef1ee84b01396c549a38835163d1ed.jpg

 
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