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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Vicinity Motor Corp V.VMC

Alternate Symbol(s):  VEVMQ

Vicinity Motor Corp. is a Canada-based supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with manufacturing partners to supply its flagship electric, compressed natural gas (CNG) and clean-diesel vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. Its geographic segments include United Stated, and Canada. The Company's various buses and truck models include Vicinity Lightning EV, Vicinity Classic and VMC 1200. The Company’s subsidiaries include Vicinity Motor (Bus) USA Corp., and Vicinity Motor (Bus) Corp.


TSXV:VMC - Post by User

Bullboard Posts
Post by wallpaper2on May 11, 2016 1:10pm
98 Views
Post# 24862557

Just like clockwork.

Just like clockwork.Relevant and Rippley show up and open accounts and make their first posts yesterday/ Promotion Day. Then an obscure Amr Ezzat  comes up with a  thesis for them?
The order was good and they outbid the other company. No wonder...they work for nothing.
Next to no profit margin, with average losses of $4 million a year for 3 years and still counting.
And then someone says they are worth $1.05 a share. Mind boggling.. Two PP's in less than a year and all they could raise was less than $4 million combined?  If they owned their own factory and were a money making business already, then the orders would justify a share price rise. Saying BUS has a market cap of $50 million and should be trading at these levels is really scary.  Actually they don't work for nothing, I think salaries totalled over $800,000.00 if I am not mistaken?
Bullboard Posts