An interesting speculative investment opportunity has emerged in Vmoto (ASX: VMT). Vmoto design and manufacture motor scooters, but now concentrate on electric scooters. They have a small presence in Europe, but during 2013 they opened a factory in China and sales there have outstripped all expectations. They supply electric scooters… read more →
The second half of 2013 continued to be financially successful: the value of each August Investment share (including dividend) was up by 12.2%. The Total Shareholder Return for the full 2013 year was 20.8%. Shares were valued at $218.82 per share, with new shares being issued at $220 per share.