BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Response to ASX Aware Letter, page-76

  1. 2,492 Posts.
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    @jastanis I might be incline to agree with you except that @songokou has added nothing but randon statements designed to put fear into those not prepared to actually believe what they have read.

    If @songokou was to pick apart the information resented today and provide an argument to refute it then I and I trust other would be prepared to entertain it.

    I strongly question whether @songokou has even read today's or any other piece of information from BUD. Why? Because if s/he had then s/he would surely not continue the mantra and expect to be taken seriously.

    WE have been told, and the ASX has been told, countless times that material revenue will not be seen until July (ie Q4 FY18).

    So, pray tell, what possible defense is there for anyone who continues to try to whip up a storm with nonsense like "interim reports due 27/2- crucial- let the numbers talk & let the market decide".

    Unless s/he is referring to Interim report due 27/2/2019 then they are simply NOT crucial.

    That followed by some delusional statement suggesting everyone wants to dump their stocks to someone else in the perceived euphoria.

    His/her only argument is that the SP is less tonight than it was last night. Hardly proof that the business is failing.

    Indeed statements like:
    • In determining (and agreeing) to the minimum sales commitment, the Company gave due consideration to Digicel's internal projections (which far exceeded the minimum sales commitment ultimately agreed upon)
    • In determining (and agreeing to) the sales commitment, the Company gave due consideration to Rizon Group's internal projections (which exceeded the A$20M sales commitment ultimately agreed upon)
    had me salivating to the point I'd even forgotten about Ingram Micro!

    Certifiable or Machiavellian? Either way @songokou is unworthy of support unless s/he starts with some analysis as far as I am concerned.
 
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