BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Appendix 4C - Quarterly Report with commentary, page-66

  1. 2,775 Posts.
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    the reason we hadnt sold more ohms this quarter then they expected is because they said 2 customers alone which have verbally commited after being on trial would have doubled the ohms sold alone but because of the holiday season it has been delayed but they are still verbally commited. Customer multi site % up another 30%. Rizon is doubling their sales every quarter and new government regulations and standards putting in place for energy / carbon monitoring should see a massive uplift in customers too. Nestle is on-going and continuing. 1 out of several resellers taking over regions digicel had exclustivity over is already on board and buddy are focusing on resellers more in the electrical, HVAC, Energy industry. The water meter system in the middle east has been under pilot for several quarters under a major government sponsored organization which would be potentially a very big deal (one of the several big deals they had talked about). I know its always delays with buddy and they shouldnt have predicted the more ohms thenthe previous quarter until those 2 customers doubling the ohm sales was on paper.
 
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