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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
Comment by Winnipeg40on Dec 22, 2016 9:31am
154 Views
Post# 25634305

RE:RE:A wise old investor once said...

RE:RE:A wise old investor once said...From the Bus Capital of the Country, the play with BUS is to get large enough to get bought out by New Flyer. It is already on their radar from what I am told. Going from 16 buses to over 170 buses, regardless of margin will start to make BUS of interest if they can repeat for a couple of years. The value to a large Co. like New Flyer is their much lower cost base for producing and therefore, they would pay a premium. My napkin valuation of a 175 a year bus co. on a buyout is about 5 bucks a share. Now, this means consistent volume...not just one year
Bullboard Posts