Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,364
- Reactions
- 9,521
VMT - Vmoto Limited
- Thread starter Gar
- Start date
-
- Tags
- vmoto limited vmt
- Joined
- 1 November 2009
- Posts
- 424
- Reactions
- 67
4 stocks zooming into the new year: NWT, VMT, QHL & ASB
http://finance.ninemsn.com.au/newsbusiness/motley/8775869/4-stocks-zooming-into-the-new-year
Please DYOR
http://finance.ninemsn.com.au/newsbusiness/motley/8775869/4-stocks-zooming-into-the-new-year
Please DYOR
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Vmoto scooters in fast lane as sales expand in China
Date - January 1, 2014
Vmoto is gaining traction in China as a premium product for electric scooter riders. Scooter manufacturer Vmoto says it is on track to notch up its maiden annual profit in the 2013 calendar year of between $300,000 and $600,000 as it gains traction in the key market of China as a premium product for electric scooter riders. The company said in a statement to the Australian Securities Exchange on Tuesday that it had a profitable month in November, reaping a gain of $201,000, with sales gradually picking up month to month.
In the trading update, Vmoto said the month of December showed turnover for its existing scooter stores and recently opened sites was in line with management expectations. Vmoto is a scooter maker and distributor and specialises in high-quality ''green'' two-wheel electric-powered vehicles as well as manufacturing a range of Western-designed electric and petrol scooters from its base in Nanjing, China.
Its Vmoto brand is aimed at the value market in Asia while its E-Max label targets Western markets. It distributes its scooters to more than 30 countries. Vmoto also owns 10 retail outlets in China, having opened four new shops in the past two months. Vmoto said on Tuesday that it was targeting to churn out 42,000 scooters for the 2013 year. It sold 3197 of its own scooters in China by the end of November. ''The gradual build-up in sales month-on-month are testament to the Vmoto brand becoming increasingly recognised as a premium product for electric scooter riders in China,'' the company said. The company expects to provide a further earnings update and outlook next month.
Vmoto is gaining traction in China as a premium product for electric scooter riders
Vmoto's shares closed up 1 ¢ at 31 ¢ on Tuesday.
THE ONLY TRACTION I CAN SEE IS HIS MOBILE STUCK TO HIS EAR
As one can see very large volume on the past couple of trading days.
Date - January 1, 2014
Vmoto is gaining traction in China as a premium product for electric scooter riders. Scooter manufacturer Vmoto says it is on track to notch up its maiden annual profit in the 2013 calendar year of between $300,000 and $600,000 as it gains traction in the key market of China as a premium product for electric scooter riders. The company said in a statement to the Australian Securities Exchange on Tuesday that it had a profitable month in November, reaping a gain of $201,000, with sales gradually picking up month to month.
In the trading update, Vmoto said the month of December showed turnover for its existing scooter stores and recently opened sites was in line with management expectations. Vmoto is a scooter maker and distributor and specialises in high-quality ''green'' two-wheel electric-powered vehicles as well as manufacturing a range of Western-designed electric and petrol scooters from its base in Nanjing, China.
Its Vmoto brand is aimed at the value market in Asia while its E-Max label targets Western markets. It distributes its scooters to more than 30 countries. Vmoto also owns 10 retail outlets in China, having opened four new shops in the past two months. Vmoto said on Tuesday that it was targeting to churn out 42,000 scooters for the 2013 year. It sold 3197 of its own scooters in China by the end of November. ''The gradual build-up in sales month-on-month are testament to the Vmoto brand becoming increasingly recognised as a premium product for electric scooter riders in China,'' the company said. The company expects to provide a further earnings update and outlook next month.
Vmoto is gaining traction in China as a premium product for electric scooter riders
Vmoto's shares closed up 1 ¢ at 31 ¢ on Tuesday.
THE ONLY TRACTION I CAN SEE IS HIS MOBILE STUCK TO HIS EAR
As one can see very large volume on the past couple of trading days.
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Vmoto's non-executive director Olly Cairns speaks to Proactive Investors about electric scooter sales in China.
http://www.proactiveinvestors.com.a...bout-electric-scooter-sales-in-china-363.html
http://www.proactiveinvestors.com.a...bout-electric-scooter-sales-in-china-363.html
Interesting chart.
If it goes above 0.35 tomorrow I would be looking at a punt.
gg
Did you go in on this GG?
How about you Piggy?
I bought in at 0.028 but im unsure on were ill let the profits run too... providing they go the way i'm hoping
Attachments
Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,364
- Reactions
- 9,521
I didn't, Beau, and regret it.
I was too busy today.
It will be interesting to see the open tomorrow. It should go, but I may have missed it.
Good trading, mate.
gg
Unfortuantly i didnt buy in with a startagey in place,so i cant take credit for a good trade. Something i just liked the look of and understood the product.
In saying that thou, it could have gone the other way.
As im new to this im unsure on how to gauge how far i should let the profits run, Espicially if this year turns out as good as VMT expects, then i figure i should just watch and look for positive or negitive signs and go from there?
Is that a correct method of thinking?
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Why don't you just get a stop loss (if required) set by service provider - takes a lot of worry off your mind. It is up to you (and you only) when and where to pull the trigger..
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 344
... or use Darvas boxes:
btw, I'm still buying because I see more upside in the long run; for short-term swingers, my current trailing stop is 3.4c.
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Up just over 17% (0.041c) today with 53 million shares changing hands.
Over the week, it was up 47% with 130 million changing hands.
I wouldn't be surprised to see it get a speeding ticket on Monday if it shows the same sort of progress as it did today.
Sorry officer but I didn't see the speed sign
If that is the case sir, then I think I will take the car key(s) off you for today anyway
Kid stopped from using his latest Xmas present
Now this would solve a lot of animosity towards the Police by having confirmation at the place of the offence...
Over the week, it was up 47% with 130 million changing hands
.I wouldn't be surprised to see it get a speeding ticket on Monday if it shows the same sort of progress as it did today.
Sorry officer but I didn't see the speed sign
If that is the case sir, then I think I will take the car key(s) off you for today anyway
Kid stopped from using his latest Xmas present
Now this would solve a lot of animosity towards the Police by having confirmation at the place of the offence...
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Closed today up @ 0.043 (13%) on just over 50 million...
Considering the strong interest in electric vehicles world over even from major automobile manufacturers, (Nissan Leaf, Tesla, Brammo, etc.) this really does seem to be where the automobile industry is headed.
Can't see anything BAD about this company at the moment. Considering how small the company is right now, I think the only direction it can go is up in terms of the value of the company itself, sales and profits.
I'm buying even at $0.044.
Can't see anything BAD about this company at the moment. Considering how small the company is right now, I think the only direction it can go is up in terms of the value of the company itself, sales and profits.
I'm buying even at $0.044.
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Interesting...do you people realize how much competition there is for scooters in China? I've never even seen a Vmoto here in my town, just outside of Shanghai.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 344
still going; the new tentative Darvas Box is already in doubt:
Options offer even better leverage.
Options offer even better leverage.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 344
Interesting...do you people realize how much competition there is for scooters in China? I've never even seen a Vmoto here in my town, just outside of Shanghai.
From sales reports, it appears they've only sold a few thousand so far. Spread over a Billion people, the odds are slim that you see one. But they're improving.
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Some items of interest pertaining to the company.
http://www.bloomberg.com/news/2014-...mb-past-20-million-as-smog-chokes-cities.html
http://arc2.morningstar.com.au/Stock/ASXProfile/VMT
130813 - 2 x 4 Wheel cleaning vehicles delivered for trial to the District Government Jianye Nanjing China following after winning a Tender to supply vehicles by VMoto .Charles Chen commented " The trial for these electric four wheel cleaning vehicles is an important step for VMoto in developing important government relationships ..........". "If the trial is successful the orders could prove to be highly lucrative ......."
131219 - "VMoto has won the tender and its just a matter of how many and when depending on the trials. It just so happens that the Youth Oympics will be hosted by China 2014 and they want to showcase that they are doing something about the cleaner environment. What better example but to parade the VMoto street cleaners in keeping the towns spick and span. We are not talking about a handful its been touted 100 initially and up to 1000 at about $18,700 per unit and 20% profit margin would be an almighty boost for VMoto going forward in quick time. The latest turnover suggests that new investors are keen to get a position in the stock.
http://www.bloomberg.com/news/2014-...mb-past-20-million-as-smog-chokes-cities.html
http://arc2.morningstar.com.au/Stock/ASXProfile/VMT
130813 - 2 x 4 Wheel cleaning vehicles delivered for trial to the District Government Jianye Nanjing China following after winning a Tender to supply vehicles by VMoto .Charles Chen commented " The trial for these electric four wheel cleaning vehicles is an important step for VMoto in developing important government relationships ..........". "If the trial is successful the orders could prove to be highly lucrative ......."
131219 - "VMoto has won the tender and its just a matter of how many and when depending on the trials. It just so happens that the Youth Oympics will be hosted by China 2014 and they want to showcase that they are doing something about the cleaner environment. What better example but to parade the VMoto street cleaners in keeping the towns spick and span. We are not talking about a handful its been touted 100 initially and up to 1000 at about $18,700 per unit and 20% profit margin would be an almighty boost for VMoto going forward in quick time. The latest turnover suggests that new investors are keen to get a position in the stock.
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Vmoto Scooting To Maiden Annual Profit Of $201,000
VMOTO, the Australian-based manufacturer and distributor of motor-scooters worldwide, has hailed November as an "encouraging" month after it recorded a monthly profit of $201,000. The electric scooter maker updated the market yesterday on its monthly profit, outlining that it anticipated it would still make a maiden annual profit of $300,000-$600,000 for the year to December 31. "The gradual build-up in sales month-on-month are testament to the Vmoto brand becoming increasingly recognised as a premium product for electric scooter riders in China" the company said. "So far, December trading for existing and recently opened stores is in line with management expectations".
Vmoto shares were up 3.3 per cent at 3.1c yesterday. The company, which is also listed in London,
said the gradual build-up in sales month-on-month was testament to its brand becoming recognised as a premium product for electric scooter riders in China. Vmoto manufactures its scooters in Nanjing, China and it has offices in Perth, China and Germany. The company opened a further two retail stores in China in November and another two in the economic powerhouse last month, taking its total retail stores to 10. "Further store locations continue to be assessed in the Nanjing and Shanghai regions" the company said.
Vmoto enters Indonesian electric scooter market
Indonesian Market - Despite having 77.76 million registered motorcycles/scooters (or 82.5% of all motor vehicles) on the roads as of 2012, up 12% from the 69.2 million in 2011, there is still considerable room for this market to grow. The Indonesian Motorcycle Industry Association (AISI) noted that the ratio of motorcycle owners to residents in Indonesia is one unit per seven people, lower than the one to three people ratio in neighbouring counties. AISI also expects that 7.5 million new motorcycles will be sold this year with its chairman Gunadi Sindhuwinata saying the motorcycle remained the most affordable mainstay for Indonesians. Market sales projections from Pikes Research for the period 2012–2018, indicates that the Indonesian electric scooter market will become the third largest in Asia Pacific after China and India. This represents a significant sales opportunity for Vmoto to provide its European-styled quality products in this growing market over the coming years. Global electric scooter sales are expected to grow from 12 million vehicles this year to 18 million in 2020.
Analysis - Vmoto steady growth in China’s electric scooter market has already set the company on the road towards making its maiden annual profit for the financial year ending 31 December 2013 of between A$300,000 and A$600,000. Now, the distribution agreement with Garansindo - an established player in Indonesia’s motor vehicle sector - paves the way for the company to begin selling electric scooters into what is potentially the third largest market in the world, generating “huge additional revenue and profit”. Given that Indonesia had in June this year increased petrol prices by about 44% to ease crippling fuel subsidies, this could well be another reason for Indonesians to consider electric scooters rather than petrol-powered versions. Vmoto has the ability to scale up operations at its wholly-owned 30,000 square metre manufacturing facility in Nanjing, China, allowing Indonesian sales to improve its economies of scale. This is after raising $5.3 million toward fast tracking growth in Asian markets. We view the deal and ability to leverage off Garansindo as share price accretive.
The Range Of Bikes (Motor Cycles) Sold In Australia
If you want a closer look - then click on this link:- http://www.vmoto.com/products.asp?Page=1
and then the image
VMOTO, the Australian-based manufacturer and distributor of motor-scooters worldwide, has hailed November as an "encouraging" month after it recorded a monthly profit of $201,000. The electric scooter maker updated the market yesterday on its monthly profit, outlining that it anticipated it would still make a maiden annual profit of $300,000-$600,000 for the year to December 31. "The gradual build-up in sales month-on-month are testament to the Vmoto brand becoming increasingly recognised as a premium product for electric scooter riders in China" the company said. "So far, December trading for existing and recently opened stores is in line with management expectations".
Vmoto shares were up 3.3 per cent at 3.1c yesterday. The company, which is also listed in London,
said the gradual build-up in sales month-on-month was testament to its brand becoming recognised as a premium product for electric scooter riders in China. Vmoto manufactures its scooters in Nanjing, China and it has offices in Perth, China and Germany. The company opened a further two retail stores in China in November and another two in the economic powerhouse last month, taking its total retail stores to 10. "Further store locations continue to be assessed in the Nanjing and Shanghai regions" the company said.
Vmoto enters Indonesian electric scooter market
- Vmoto Limited has reached an exclusive distribution deal with Indonesia's Garansindo to distribute, stock and market its electric scooters in the country.
- Vmoto Limited has reached an exclusive distribution deal with Indonesia's Garansindo to distribute, stock and market its electric scooters in the country.
- Vmoto Limited (ASX: VMT) is expanding its global reach by entering into Indonesia, the second largest market for p
Indonesian Market - Despite having 77.76 million registered motorcycles/scooters (or 82.5% of all motor vehicles) on the roads as of 2012, up 12% from the 69.2 million in 2011, there is still considerable room for this market to grow. The Indonesian Motorcycle Industry Association (AISI) noted that the ratio of motorcycle owners to residents in Indonesia is one unit per seven people, lower than the one to three people ratio in neighbouring counties. AISI also expects that 7.5 million new motorcycles will be sold this year with its chairman Gunadi Sindhuwinata saying the motorcycle remained the most affordable mainstay for Indonesians. Market sales projections from Pikes Research for the period 2012–2018, indicates that the Indonesian electric scooter market will become the third largest in Asia Pacific after China and India. This represents a significant sales opportunity for Vmoto to provide its European-styled quality products in this growing market over the coming years. Global electric scooter sales are expected to grow from 12 million vehicles this year to 18 million in 2020.
Analysis - Vmoto steady growth in China’s electric scooter market has already set the company on the road towards making its maiden annual profit for the financial year ending 31 December 2013 of between A$300,000 and A$600,000. Now, the distribution agreement with Garansindo - an established player in Indonesia’s motor vehicle sector - paves the way for the company to begin selling electric scooters into what is potentially the third largest market in the world, generating “huge additional revenue and profit”. Given that Indonesia had in June this year increased petrol prices by about 44% to ease crippling fuel subsidies, this could well be another reason for Indonesians to consider electric scooters rather than petrol-powered versions. Vmoto has the ability to scale up operations at its wholly-owned 30,000 square metre manufacturing facility in Nanjing, China, allowing Indonesian sales to improve its economies of scale. This is after raising $5.3 million toward fast tracking growth in Asian markets. We view the deal and ability to leverage off Garansindo as share price accretive.
The Range Of Bikes (Motor Cycles) Sold In Australia
If you want a closer look - then click on this link:- http://www.vmoto.com/products.asp?Page=1
and then the image
- Joined
- 4 October 2012
- Posts
- 871
- Reactions
- 3
Go on get on ya bike because the share price has
Wouldn't you know it...Forgot to enter into the monthly stock comp with VMT for the month and bang up she goes. Just as well i put my money where my mouth is or in this case my stock tip for the last few months.
Looking very positive going by the charts for a nice announcement to come my guess.
Looking very positive going by the charts for a nice announcement to come my guess.