BUD 0.00% 0.6¢ buddy technologies ltd

BUD Chart, page-1044

  1. 9,821 Posts.
    lightbulb Created with Sketch. 3497
    imo BUD is priced for ~$9-10m in annualised guaranteed minimum revenues landing from 3qfy18 + a currently relatively small overlay for 'other'

    all stocks are priced on future expectations - from BHP and Telstra on down that includes contractualised future income that has yet to occur.

    people often focus on cash balance and cash receipts unduly - it generally isnt a protection and doesnt determine stock pricing up or down in the main outside of dividend stocks' ability to maintain dividends where it can be a dominant theme.

    its important to parse risk

    atm BUD's just performing exactly like that chart indicates it should - a consolidation phase the technicals suggest would breakout (in either direction) in the next ~3 weeks

    though i have to say that poster talking about stock never going below 35c again made me smile.
    chart tells a totally different story.
 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.