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0.6¢ buddy technologies ltd

Ann: Buddy Signs Ingram Micro USA, page-28

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13/12/17

11:26

Post #: 29593445
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Originally posted by Techmeister ↑

Compare the pair:

1) Relatively young XYZ tech hardware business wins distribution agreement in the US - typically this would be adding to a longish list of existing brands - so onto the queue it goes - trying to justify its price point; trying to differentiate on features; trying to generate demand; trying to reassure on quality, maintenance and service; trying to get profile and visibility against all others etc etc - a new 3d printer / console / drone / smart chip / alarm system / electric battery etc would all fit into this category

2) BUD wins US distribution agreement - operates in a newly created niche (mid-sized commercial buildings) with little or no meaningful competition at this time; has instant demand appeal as it puts $$$ into the hands of customers via savings; has proven roll-out via other geographies like Canada, Caribbean and Australia; has proven appeal to global clients like hotels, retailers and factories; has global partners like telcos, installers and distributors...

Point being - this win for BUD is not a generic distribution deal - but a significant commercial advancement

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So it appears that the 613000 units for sale at 33c was just someone trying to keep the price down. Order was withdrawn at 11.25AM

BUD Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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