Very happy with the way BUD have managed this. They have proven to be agile and prepared to adapt to meet changing circumstances or changing priorities.
Discussions with Telstra fell through. So what? Does this make BUD a bad company? Not at all. It's part of doing business. Deals begin, change, fall through, or are completed all the time. It's what happens particularly when a business is starting out.
Dicker Data have already begun the roll out so what's not to like here?
What is really clear to me is that this natural way of doing business and how deals play out is made to look way worse than it is by down rampers whose primary purpose appears to be to punish the stock price for their own ends and told ya so mentality.
Do not be fooled.
Make a more realistic assessment of BUD later in the year. In essence, and allowing for blips, run the ruler over whether 2018 ends up being the year of execution. That's the standard they have set. And that's what I will be watching very closely.
BUD Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
