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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
Post by psmithon Feb 02, 2017 11:48am
444 Views
Post# 25789443

Problem with $26 MM in new orders

Problem with $26 MM in new ordersWhy isn't share price increasing? Here's my theory... You will notice that each order has been added to the backlog. While that's great, it does not increasing earnings in 2017. Therefore EPS stays the same as they forecast prior to the orders... If there announce US orders at a new US based facility, then that's increased revenue, or they increase capacity in China, then that's increased revenue... Anyway, just a theory...
Bullboard Posts