Conference/Tweets/Presentations/News, page-8

Using your own valuation models @1ronnie BUD is now trading below 50x annualised revenue.

~$110m EV at $0.125c

We are trading at the levels we were at in July last year

Bulls and bears have to ask themselves, what has the company achieved since July last year, and is BUD fairly valued at this EV?

* Remember, BUD has:
- Added dozens of new features to the product since its inception
- Created a global distribution network to sell the product
- Sales from that network are beginning NOW
- Alternative data sales to have commenced this month
- Material revenues from Ohm sales to flow from the July Quarterly (3months away)


My comment on the Telstra deal:
Whilst its disappointing to have lost a large Australian partner, this isn't the be all and end all.

Obviously, management has decided the terms Telstra were willing to accept was not in the best interests of the company. I am willing to trust that they have made the correct decision, trust which has been earned through the success to date (in terms of company progress, which is not necessarily correlative to shareprice movement in the short term).

What would be a red flag would be if Ingram bailed, but there is no sign of that and indeed sales around the world appear to be going well - with Europe now well under way. As I have always said until something significantly fundamentally changes I remain bullish and believe Ohm has the ability to significantly scale. If management can sell 10,000 Ohm then I estimate some 3000% return on the from the current share price.

As Aussie investors, we would all like Ohms to be deployed around Australia, but at the end of the day what really matters is that they are being installed - because that is what is going to make us all a truck load of money.


As always DYOR. I am backing my own research and believe BUD has the right team in place to deliver on a significant volume of Ohm sales. It is painful to see the current SP but I believe this is short term pain and will look to add more to my holdings as soon as possible. GLTAH.