BUD 0.00% 0.6¢ buddy technologies ltd

Ann: 2018 Annual CEO Shareholder Letter, page-33

  1. 783 Posts.
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    Hey @goldbear77 & Hc crew.

    I'd like to get your insight and opinion on the following statements.

    "Despite all the distribution and installation deals in place by EOY, only Digicel
    is selling, installing and converting sales at a material level."

    So currently the only company converting sales is Digicel and they happened to have been struck by a series of hurricanes which have set them back about 3 months.

    "Understandably, their rollout of Buddy Ohm to the 26 regions in their territory was delayed due to these events, but miraculously only by about three months. Over their three year contract, we don’t anticipate any meaningful financial impact as a result of this delay."

    Nothing major, but how do you think the upcoming Quarterly will impact the shareprice based on this new information? We might get less installs than many people on here were expecting. Just something to consider short term/medium term.
 
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