Post by
subaru1 on Apr 04, 2024 1:52pm
Discripency
In their corporate presentation 12-02-2024 they mention that they will deliver over 1000 Vmc1200 by the end of 2024 and iat the CC they said 325 Vmc1200 to be deliver in 2024 ??? That is quite of a difference when you look at the projection revenue for 2024.
325 Vmc1200 at $146,000 = $47 millions
1000 Vmc1200 at $146,000 = $146 millions
At the CC they mention that they will deliver around 100 bus
The backlog of over $125 millions is mainly truck so what will be the story for 2024 ???
Very confusing. They also have over $30 millions of inventory are they finished good product or all kind of pieces.
Comment by
okgonow on Apr 04, 2024 2:07pm
could they have possibly meant that they will have delivered 1000 VMC 1200 since they started to build them., as in all time ?? just a guess
Comment by
subaru1 on Apr 05, 2024 12:12pm
As far as i know they haven't deliver many since they begin to build them, some to Lafarge and few others at different customers ???
Comment by
sorrenson on Apr 06, 2024 2:57pm
So lack of clear guidance , Investors should not need to play Whack a Mole ..Gee I wonder why the stock is in the toilet....