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4.04%

47.5¢ vmoto limited

New Models - which one excites you the most, page-98

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tbuc4720

71 Posts.

5

14/01/21

06:47

Post #: 50154362
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Originally posted by Wizardwiegy: ↑

Sometimes the writing's on the wall and as humans we procrastinate and find a way to doubt ourselves. We have shown we are/can be market leaders in certain European countries. With the arrival of the new range of bikes on top of an already diverse lineup, any fool knows our bikes are going to be very popular in Asian countries along with the rest of the world. Looking at Thailand's average sales on bikes and scooters over the last decade, it's simply staggering when comparing to our current global sales. 1% of the market in a single country is close to our global annual sales. Starting from a low base like we are currently at (20,000 bikes with npat of $3m), I'd happily make a projection that by 2023 we will do in excess of 150,000 bikes, and would call it a complete failure if it's under 50,000, which is still 150% growth. I'm gonna get a bigger truck and back it right through the front door of the asx and load the f*er up.

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price might have already factored these sales numbers in?

VMT Price at posting: 41.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Last 47.5¢		Change -0.020(4.04%)		Mkt cap ! $132.2M

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