Australian (ASX) Stock Market Forum

VMT - Vmoto Limited

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I am going to sign off on VMT now. It came in third for the May Competition.

I see looking at the Prat Meter, the Positive Volume Index, the measure of what the 'dumb' money is doing it is still rising soundly(unlike the NVI which shows what the smart money is doing, that is pretty much the complete opposite to the PVI).

This tells me that any good news story may see this fly up again. It feels like a pump and dump to me, so be very careful if you are in this or get into this.

vmt 31.5.19.png



I just can't imagine an electric Ducati motor bike. :cautious:
It was the sound of the engine that made me buy my Ducati back in the mid 70s. It was a gorgeous yellow 450cc single cylinder Desmo. A good long ride would give you numb hands from the vibration! Sexy beast it was and it handled like a dream and it was light enough I could pick it up when I dropped it. Cornered beautifully and scraping the pegs was a dawdle! :D

Ducati-450-Desmo-02.jpg
 
Ann said:
I am going to sign off on VMT now. It came in third for the May Competition.

I see looking at the Prat Meter, the Positive Volume Index, the measure of what the 'dumb' money is doing it is still rising soundly(unlike the NVI which shows what the smart money is doing, that is pretty much the complete opposite to the PVI).

This tells me that any good news story may see this fly up again. It feels like a pump and dump to me, so be very careful if you are in this or get into this.

View attachment 95136


I just can't imagine an electric Ducati motor bike. :cautious:
It was the sound of the engine that made me buy my Ducati back in the mid 70s. It was a gorgeous yellow 450cc single cylinder Desmo. A good long ride would give you numb hands from the vibration! Sexy beast it was and it handled like a dream and it was light enough I could pick it up when I dropped it. Cornered beautifully and scraping the pegs was a dawdle! :D

View attachment 95137
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Well done @Ann! An astute pick. :xyxthumbs
 
I've got VMT for this month's pick.

Just a hunch on things coming together for this little battler of a ticker. I'm in on it for the same basic reasons as Ann above.
 
I found out about this stock from this forum and I kept my eye on the chart for a while before buying in at $0.11 a few weeks ago. It looks like this company is on the make at just the right time. If they can continue to execute their strategy, ramp up production and compete with the major players who are no doubt going to move into the electric bike space, this company has a lot of potential to grow sales substantially over the next few years. Innovation is going to be critical to them carving out and maintaining a niche.
 
tinhat said:
I found out about this stock from this forum and I kept my eye on the chart for a while before buying in at $0.11 a few weeks ago. It looks like this company is on the make at just the right time. If they can continue to execute their strategy, ramp up production and compete with the major players who are no doubt going to move into the electric bike space, this company has a lot of potential to grow sales substantially over the next few years. Innovation is going to be critical to them carving out and maintaining a niche.
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Maybe, they have been around for many years, promising a lot, delivering nothing, burning through shareholders capital at a prodigous rate! They get ramped and pumped by the HC crowd every now and then, retail investors get their wallets lightened, rince & repeat!! Hopefully you have invested just before the leopard changes its spots and they manage to create some value for you and other shareholders.
 
I like this one for the December competition. It looks like the market is finally taking notice.
Hopefully if there is a pull back then it happens today/tomorrow, leaving the SP to tick up next month!
 
BlindSquirrel said:
I like this one for the December competition. It looks like the market is finally taking notice.
Hopefully if there is a pull back then it happens today/tomorrow, leaving the SP to tick up next month!
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This might cause a little angst in the short term [asx announcement dated 18 November]

"Pursuant to Listing Rule 3.10A, Vmoto Limited (ASX: VMT) wishes to advise that the following securities are due to be released from voluntary escrow on 2 December 2019. 2,050,000 Fully Paid Ordinary Shares".

On the plus side today they announced new distribution agreements for Brazil, Vietnam and Dominican Republic.

I hold but I banked half my profit recently.
 
I've also thought this company is on the cusp of taking off, but as galumay says they have been a shaky propostion, I love their hype but they do seem to miss the delivery a lot.
Just my opinion.
Having said that, I do believe there is a huge market, for electric scooters in the near term.
 
What a great business to own and I only found out about it from reading this forum. I forget I even own it most of the time. Announced today:

Vmoto Limited (ASX: VMT) (“the Company” or “Vmoto”) is pleased to advise that Vmoto’s strategic ride sharing customer, GO Sharing, has formally launched its ride sharing operations in Rotterdam, Netherlands, with Vmoto Europe’s representative attending the launch event, together with the founder of GO Sharing, representing an important milestone for both organisations.

GO Sharing recently visited Vmoto’s wholly owned Nanjing manufacturing facilities to discuss GO Sharing’s strategy to accelerate its penetration into ride sharing markets in Europe and has now placed an order for 2,000 units of Vmoto’s ride sharing products, to be delivered in March 2020, after deploying the first 670 units in second half of 2019.

As previously announced, expansion into the growing B2B electric vehicle ride sharing market is a key strategic initiative for Vmoto and it is cooperating closely with reputable ride sharing companies such as GO Sharing to accelerate this.

GO Sharing (www.go-sharing.nl) is a European ride sharing company focused on providing electric scooter rental services through its ride sharing application, which allow users to locate, unlock, ride and return GO Sharing electric scooters to multiple locations. GO Sharing was founded by Greenmo Rent BV, which is an expert in rental and delivery operations, and has been Vmoto’s exclusive B2B partner for more than five years. Greenmo Rent is backed by Rabobank NV, which is the third largest retail bank by market share and second largest by number of current accounts in Netherlands.

GO Sharing seeks to become the leading ride sharing operator in Europe and expects to rapidly expand its operations in the Netherlands, Belgium and surrounding markets in 2020 and 2021.

Vmoto’s Managing Director, Mr Charles Chen commented: “We are delighted to secure this significant order from our strategic ride sharing customer, GO Sharing. Increasing demand from ride sharing companies such as GO Sharing assists us in progressing positively on executing on our international B2B strategy. B2B ride sharing market is an important and strategic growth area for the Company and we expect our B2B ride sharing business will continue to grow in year 2020 and beyond, in addition to the growth in our B2C business.​
 
I sold on market to take up my allocation under the SPP and sold my profit under the SPP allocation today.

Beglückt darf nun dich, o Heimat, ich schauen,
Und grüßen froh deine lieblichen Auen;
Nun lass' ich ruhn den Wanderstab,
Weil Gott getreu ich gepilgert hab.
 
Is anyone here to make some money or should I just keep talking Wagner? Siegfried?

 
My Elliot Wave (EW) count on VMT.
The wave A was very deep and nearly invalidated my count as the low of A cannot go below to the high of red 1.
May see the wave 4 (red) continue as a triangle correction assuming it has not already completed.

VMT 100620.PNG
 
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