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Bullboard - Stock Discussion Forum 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... see more

TSXV:VMC - Post Discussion

Vicinity Motor Corp > love the bashers only after a few days
View:
Post by jg75123 on Jan 14, 2021 3:47pm

love the bashers only after a few days

you bashers need to do your DD. 2021 is going to be explosive for BUS.

they are delivering 10 buses a week. $50Mill coming in by next quater.
Comment by MrAnswers on Jan 14, 2021 3:54pm
$40 million of that $50 million was a contract from February 2020; once that is delivered the pipeline is pretty dry. If they dont sign some more purchase orders pretty quick the second half of 2021 will look a lot like 2019. 
Comment by jg75123 on Jan 14, 2021 4:47pm
not likey dry, they are working full steam. electric buses will be delivered in 2021. market is growing not slowing.
Comment by MrAnswers on Jan 14, 2021 5:25pm
They have sold 5. This management team does not have a good sales track record. I will stop selling my shares when I am confident they can produce the sales to justify the current market cap - I am not there yet. 
Comment by 5rockies on Jan 14, 2021 5:40pm
With 5 busses pretty sure BUS can reach $10 soon, right? They only need to sell 5 more busses.
Comment by StockGiba on Jan 14, 2021 7:14pm
Do us all a favour and sell the rest and move on.  If you can't see the next 6 months here and say positive developments are in the pipeline than go keep pumping your other bus company and give us a break on this board.  
Comment by graduallygetthr on Jan 14, 2021 11:18pm
Not growing slowly you say? Do you know how many electric buses there are in the U.S.? 650. It took a year for the number of buses to go from 300 to 650. With current slowdowns in manufacturing, the U.S. being the hardest hit country from Covid, there is not going to be a gold rush in e-bus purchases. It will take time.  GWT has competitors with proven products, many of which, if not all are ...more  
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