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Ann: December Quarterly 4C Review (Q2FY21), page-117

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retiredyoung

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02/02/21

10:00

Post #: 50630042
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Originally posted by crazydave1942: ↑

I look in the mirror and know exactly why being honest is better with stocks. I might save some people some money everyone knows Buddy isn't going to 20c soon. In fact nobody really knows why Buddy burns so much cash after cost cutting for two years. I will say it again and yes Holdtight agrees with me. BUDDY DOES NOT NEED MORE SALES BUDDY NEEDS TO MAKE THOSE AT A PROFIT AFTER ALL COST ADD UP. NO POINT IN GROWING A BUSINESS THAT CAN'T MAKE A PROFIT. MORE SALES WITH PROBLEMS WILL MAKE THE PROBLEM WORSE. If Buddy needs to make 100m sales plus a year to make 100k profit that is no good as well. BUDDY has also on top of cutting cost increased profit margins and still can't make money. Now after cost cutting, increasing margins Buddy says new manufacturing agreements will fix the problem. Do you see a problem or am i just being negative and stupid lolz facts are facts.

At the end of the day nobody likes losing money as i said this is the way i look at it with no emotion.

Also I know you guys don't think DM is still up to tricks which he is. I will stand by it that letter was absolutely to hide from the 4c, another fact. Retired which I might add was a fan back in the day of DM has pointed out two other Announcements which DM has talked BS in.

Holdtight has been constantly wrong on several occasion mostly because of investing with emotion. Most people know this to be true. I think old mate Holdtight has only pulled me up on things that don't matter. Like when I said LIFX had been in business 10 to 12yrs which he proved it was 8 to 10yrs or some rubbish. The point I was proving was that LIFX isn't a startup which he proved anyway by himself lolz. So he proved me correct I just had the years wrong lolz. By the way LIFX has almost been in business 10yrs not a startup.

Now I know these issues can be fixed. I have known people to increase profit year on year by doing what DM says he is doing and change in a short period of time. Something is up with this business that is all i will say. Will manufacturing fix it not sure as we all have no idea why the burn is high after trying so hard to fix it.

Anyway enjoy by the way i love talking and learning about stocks. Buddy is a learning opportunity so I will not run away but post less like i have been. Been active this week as the DM games are high but my OPINION has been given.

All IMO.

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Maybe 2021 will be BUD's chance to improve, it should be significantly better than 2020.

Signify, formerly Philips Lighting forecasts a sales rebound in 2021.

Signify NV forecast a sales rebound in 2021 after the world’s largest lighting maker reported on Friday better-than-expected fourth-quarter core earnings.

Signify, formerly Philips Lighting, reported quarterly adjusted earnings before interest, taxes, and amortisation (EBITA) of 251 million euros ($304 million), up from 232 million a year earlier and above the 241 million forecast by analysts in a company-compiled poll.

Revenue stood at 1.88 billion euros, up from 1.75 billion euros, boosted by the company’s $1.4 billion March acquisition of Cooper Lighting.

Stripping out the impact of the acquisition, comparable sales fell 5.9% - in line with expectations.

https://www.reuters.com/article/signify-results/update-2-lighting-maker-signify-sees-sales-rebound-as-beats-q4-forecasts-idUSL1N2K40DV

BUD Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
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