Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

Industrials
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

Vicinity Motor Corp
Bullboard Posts
User Avatar Image
(18)
•••
Comment by fishbeeceeon Apr 12, 2017 2:42pm
168 Views
Post# 26114033

RE:RE:RE:Told you. Lol.

RE:RE:RE:Told you. Lol.


Right now with all the exuberance we are trading at 22 times TTM earnings. Estimates for 2017 has it growing to an amazing 73 million wich would have us trading at 2.5 TTM.

Bringing on a new manufacturer may have a few hiccups so that number could be delayed and not realized until 2018. There will still be a large increase in the order book. Maybe 1000 additional units ordered but only 150 delivered. This is just a guess as I tried to find some stats on Alliance but it seems to be a private Co.

Back to my valuation metric.... If the market cap increases to be 4 times TTM for the end of 2017 then a price of $5 is possible over the next twelve months.
 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities