BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Buddy Releases Pro Forma Unaudited 1H FY2021 Results, page-65

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  1. 827 Posts.
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    Sentiment : strong buy for me.

    Why : back down to mid Dec 2020 lows, oversold, with major financing and production issues resolved.

    Price has only drifted down due to impatience and limited news flow, plus I suspect people are seeing easier returns elsewhere in the short term in hotter sectors of the market. If you can buy and hold for this year, now is a very good entry point. At least in my opinion.

    All the ranting on here about frustration with management is from long term holders. Some is justified, but for the most part they are not looking forwards (and even if they are, I guess it may be a long haul back to break even for many, myself included). I would think we are due a company update soon. The back end of this year is when we will see the improvement in cashflow and profit.
 
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