Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEV

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company is engaged in the production and sale of buses and spare parts in North America. It leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, the VMC 1200 electric truck and a VMC Optimal-EV shuttle bus. In addition, the Company sells its electric chassis alongside J.B. Poindexter business unit EAVX, which is the Company's partner, for upfitting into delivery vehicles. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. Its geographic segments include United Stated and Canada. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp. and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Comment by Calgaryrideron Oct 03, 2017 2:39pm
215 Views
Post# 26771741

RE:RE:RE:RE:RE:will this news bring us up to $3?

RE:RE:RE:RE:RE:will this news bring us up to $3?When management plans to grow at a thunderous pace and delivers on those promises, you have to give them some credit. This is no simple 5-10% growth story here. If you look at Beacon's $0.18EPS estimate for FY2018 (which tragically conservative for a company growing well above a CAGR of 50%), you'll see that even from a profit (FY P/E) perspective, BUS is not all that expensive at all. BUS is now where NFI was several years ago (turning the corner on profitability), except NFI need a lot more units to do it. NFI grew at around 30%CAGR, BUS will likely grow just as fast. So, all-in-all, BUS isn't that expensive if you're looking through this lens (and maybe you're not). With respect to Electric buses, BUS is also ahead of the game. This is simple physics. F=MA. If your bus is 30% lighter you will either get (1) a cheaper bus (smaller battery) vs. the competition OR (2) you will get 30% longer range (same battery) vs. the competition. Motors and batteries are the same for everyone. The competitive advantages BUS has are (1) primarily, the size/weight, which nobody else is doing - a niche product, and (2) secondarily, its low cost supply chain [Ni Hao, China]. So, it's clear to me now, few care about production and profit (amazingly), it's mostly about sales/growth.
Bullboard Posts