BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Amended Investor Presentation, page-60

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  1. 9,821 Posts.
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    possibly the least informative investor preso ive seen in the past year - its a product placement ad not an investor preso. i doubt they are that ignorant of investor requirements so presume this is intentional but its largely fluff


    i dont doubt some instos would feel insulted being shown that. 


    people posting sp targets need to describe a methodology for it - because otherwise I simply dont see how 20c let alone 42c is arrived at - other than a bs technical view that stock will have 50% or 100% fibonacci retrace. 


    fibonaccis are math response mechanisms to an underlying fundamental picture - so to get to 20c say you generally need to know the fundamental earnings will support that outcome for a 'pre cashflow' stock - either that or a return to the 'tech boom' momentum of last year that drives up sp regardless of fundamentals

    sp doesnt imply bad things it implies good things - sp has held stubbornly well above valuation support - which tells you someone(s) think there's upside in the relatively near future or vested interested aligned with mgt are keeping it up


    whichever it is - that means risk is more to the upside - unless overall tech market does tank


    overall though sales need to rise a fair bit to catch up to the valuation - and overtake valuation to put a surge into the sp.  


    continue to think ~$1.5m+ this qtr is about where 'pass' mark starts










 
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