I've been trading for years and reading posts on HC for about as long. What I have learned is that in any share price fluctuation, the up-and-down-rampers come out in droves.
No offence to anyone, but save your keyboarding because your instincts and opinions mean very little to anyone except to you. I went looking for some facts, and this is what I found:
Currently on the buy side (and I only look at the top three as I believe these are serious buyers). 1.4 million, 1.5 million and 2.0 million shares on the buy side, at .31, .305 and .30 respectively. Of course that means little because if panic sets in they can dissipate quickly. But at the moment it appears that it is going to hold around .30.
Here is what Motley Fool provided in the way of 'facts':
Bubs is an award-winning specialist manufacturer of goats milk infant formula and organic baby food that is stocked by Wesfarmers Ltd (ASX: WES) through its Coles supermarkets.
Like a2 Milk Company Ltd (Australia) (ASX: A2M), Bubs also has a growing presence in the China market through online retail giant JD.com.
Interestingly on its board of directors is Nancy Zhang, the wife of billionaire JD.com founder Richard Liu. I believe her involvement and in particular her knowledge of the Chinese retail market will be a valuable asset moving forward.
In FY 2016 the company delivered sales of $4.3 million, up from $2 million a year earlier. If it can find its footing in a crowded Chinese market then I believe there is a good chance of this strong growth continuing for some time to come.
The award-winning is probably not of importance. Organic probably is. More important is the involvement of JD.com, including Nancy Zhang sitting on the board.
Best of all, they doubled sales in FY2016 from a year earlier.
None of this is a predictor of where the share price will go in the short term. There was obviously a spike happening this morning at opening and it has corrected. There could be a slow drift down on the absence of news, or a holding at the current level, or a slow and steady climb from here. I certainly can't predict it nor do I want to try.
DYO research, as always.
- Forums
- ASX - By Stock
- BUB
- 50c today?
50c today?, page-66
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUB (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.5M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $101.0K | 809.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1063104 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 24314 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 1063104 | 0.120 |
54 | 2746706 | 0.115 |
46 | 2248258 | 0.110 |
17 | 460745 | 0.105 |
37 | 825889 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 24314 | 2 |
0.130 | 830385 | 23 |
0.135 | 1894078 | 27 |
0.140 | 493151 | 24 |
0.145 | 758926 | 15 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
BUB (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online