BUD 0.00% 0.6¢ buddy technologies ltd

Buddy AGM discussion, page-69

  1. 2,867 Posts.
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    Crazydave,


    let me ask you this. If I take an OMH to a university and show them that the OHM can monitor all of their energy consumption and provide a means for them to determine how a change in employee and student behaviour can not only save money but can also reduce their footprint on the planet. They say, that's great but can it forecast when the AC unit is about to breakdown in the lecture theatres or the refrigeration in the lab is about to fail? BUD says, we don't have that capability at the moment but we will head back to the salt mine and work on that functionality for you. Do you consider that wasted execution time? I would describe it as an appropriate R& D exercise for a start up!!! 


    This is where a lot of punters are coming unstuck with Buddy. It is in its infancy and is performing well in what is a new and scary IoT space ( as stated by ingram micro ) and at the same time the share price (which most use as a guide to the value of the underlying company)  has had a tough year. First due to ASX ill-directed enquirers and then by a market place that is the worst performing since the tech bust in 2001.


    I still have your input...keep them coming.


    Keep the faith and HOLDTIGHT.

        

 
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