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VMT - Vmoto Limited

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Hmmmm, you got a point there, looking at a few companies that are in early production/break through (penny dreadful with potential) that I'm monitoring or hold. They are at the lowest point and with "nitty-gritty" problems that have to be worked out, e.g. debt, technical problems, approvals etc.
GBG
GXY
TIS
CFU

And the ones that ran away.
ISN
NEA
AHZ
MBE

And some just lay down and never to rise for a long time.

As for VMT I think there are no nitty-gritties other than opening more outlets and increasing of sales.

The only concern on the technical side in the short term, is a gap on the daily chart at .015

Please DYOR.
My stock picking skills are terrible and my bottom drawer is full of them.

Edit: Add smile
 

Picked this for my monthly stock comp...at the time it was 2.7c... dropped as low as 2.1c and now back to where it was. I have topped up on it on the way down.
Early days for VMT with plenty of room for continued growth in China. No brainer imo
 
I know nothing about nothing, BUT I do see this company as going somewhere, electric vehicles ( china had some horror air pollution record last year), producing there own parts, expanding factory , more outlets huge population with growth... But what do I know, I'm just another dreamer bashing away at a key board right now
 
SuperGlue said:
This should kick start VMT, brokers & fund managers visiting the assembly plant.

http://www.asx.com.au/asxpdf/20131113/pdf/42kt6vg0k699ns.pdf
Click to expand...

Keeping fingers crossed, as I hold a fairly large position in VMT.



Growing interest may not yet show on the chart, but the order board is definitely showing increasing demand, FWIW.
If the chart plays out by the current flag pattern, all it takes is a break into 2.8c and the Tech traders will be all over it. A break above 3c should then target 3.5 and beyond. See weekly chart:

 

This is something I noticed today, now I'm thinking I'll go In on this.

Pixel, you seem to be pretty active on this forum, do you do this only as a hobby?
 
Beau said:
This is something I noticed today, now I'm thinking I'll go In on this.

Pixel, you seem to be pretty active on this forum, do you do this only as a hobby?
Click to expand...

I've been a full-time trader since 1/01/01.
In my early trading days, I received some valuable advice from an experienced generous tutor in a local Traders' group. Building on those studies, I then set up a website to share and explain some of what I've learned.
As I can no longer attend Traders' meetings, I've chosen to share my opinion on Forums like ASF. To that extent, you may call it "only a hobby"; my trading, however, is serious business that has to pay Mrs P's bills
 
skc said:
The announcement came yesterday and it read quite positively... and I watched it all day but it didn't do squat.

So I thought no one was thinking the same was as I did - so be it. Little did I know that some people take 24 hours to act...
Click to expand...

Yeah, my thoughts too. Slow to move but I bought in previously, and considering going in again... Decisions decisions
 
Beau said:
Yeah, my thoughts too. Slow to move but I bought in previously, and considering going in again... Decisions decisions
Click to expand...

As soon as 3c broke, I added some June 2014 options. With an exercise price of 4c, they're less than a cent away from being in the money.

 
jancha said:
Picked this for my monthly stock comp...at the time it was 2.7c... dropped as low as 2.1c and now back to where it was. I have topped up on it on the way down.
Early days for VMT with plenty of room for continued growth in China. No brainer imo
Click to expand...

Come to papa.... all starting to come together now.
 
pixel said:
As soon as 3c broke, I added some June 2014 options. With an exercise price of 4c, they're less than a cent away from being in the money.
Click to expand...

Correction: correct exercise 4c; but due date is December 2014
(got some more today, that's how I noticed.)
 
Small world....my wife knows one of the directors. I looked at this a while back before their UK listing, looked like they needed some capital.
 
CanOz said:
Small world....my wife knows one of the directors. I looked at this a while back before their UK listing, looked like they needed some capital.
Click to expand...

I don't think I've met any of the Directors personally. (nor your wife, for that matter )
But I haven't found anything negative about them either, and what little I read in company and audit reports doesn't raise any suspicion of bad management. In that regard, I have no reason to disbelieve the Market sentiment as it presents in my charts. The weekly makes a 4c+ target eminently credible.

 
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