Originally Posted by
KW
Its become a bit of a HC plaything too hence the increase in volume and price over the last month. Its not a wild and exciting biotech so I think they will soon get bored with it. Expect it to come back to its 50 day MA and hug it for a while. Big ramp up in OEM scooters from 42k to 64k this year, and even though margins are lower on the OEM, it will still see more cash generated to fund their store expansion. The wild card is the utility vehicles they are trialing with the Chinese council - this could turn out to be nothing or a nice little earner selling street cleaners to councils. (The Chinese are very big on keeping their streets clean, something I noticed when I was over there, lots of people sweeping).