Ann: Appendix 4C - Quarterly Report with commentary, page-156

First 156 Last

Share
Profile

Follow
Holdtight

2,864 Posts.

1939

01/08/18

13:08

Post #: 34669116
Share

Originally posted by notlistening14 ↑

G’day lads

Wow. What a Quarterly. What an interesting range of posts too. I have read them all.

I know that I promised an in depth post. I did not finish it last night but will post it as soon it is complete (good things take time...)

Good things take time. In hindsight, and if I had had more business acumen, I probably would’ve been aware building a global business would take more than a year. The key point for me and the reason that I will continue to hold is that, despite delays, they are still on track to achieve the promised narrative - global distribution of Ohm and with it huge upside via scalability and high profit margins.

The clear highlight from this Quarterly is that, despite only selling Ohms for 2/3 of the quarters in the UK and via Digicel throughout the Caribbean (which was slowed due to personnel changes), the team still achieved over 50% revenue growth and hit the lower of end of revenue projection. Once full scale distribution begins (analysis to come) the growth we have all been expecting will kick in.

As my final point in this taster of what is to come, yes for those of us who have been holding for the year there has been some opportunity cost. However, I know if I wasn’t already in BUD, it would be a BIG BUY at today’s opening price (9c) given the 6-12 month potential here and that the company will be at $80m EV (crazy).

Unfortunately a few panicked retailers will be flooding for the exits... but I expect smarter money will be waiting in the wings.

As always DYOR. My posts are IMO and do not constitute investment advice.

GLTAH.

P.s “Where are we July” edition coming soon

Expand

Notlistening14,

When you are processing your numbers how much are you allowing for the legal costs of answering the ASX inquiries?

I estimate the legal costs would have run upwards of $500k. Making these number even better than they look on the surface.

BUD Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

RDN

Raiden gears up for exploration in final quarter of 2024

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

Reporting wrap: Inghams, Accent, Mayne Pharma

EXR

HotCopper users humming as Elixir Energy reports first gas flowed to surface at Daydream-2, QLD; shares jump 15%

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The business of sport: Warren Tredrea's take on this week's news

IPH

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

There are more pages in this discussion • 104 more messages in this thread...

First 156 Last

Add BUD (ASX) to my watchlist

Ann: Appendix 4C - Quarterly Report with commentary, page-156

Top Stories

Raiden gears up for exploration in final quarter of 2024

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

Reporting wrap: Inghams, Accent, Mayne Pharma

HotCopper users humming as Elixir Energy reports first gas flowed to surface at Daydream-2, QLD; shares jump 15%

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

The business of sport: Warren Tredrea's take on this week's news

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

Featured News