BUD (ASX) Ann: Buddy Extends Works With Ohm to LIFX Smart Lighting

Originally posted by crazydave1942 ↑

No just doing my research on my position as an investor. I've come to realize that the SP won't move until something of significance happens. So you can forget about positive and negative because in my opinion the SP rising and people making money rest on DM and the team achieving what has been said. The market is in control not the holders and they have valued the SP accordingly for various reasons.

Also as I have said before the team and employees got some good reward and it's the SH go this time.

I invest to make money and that's why I post as I do. Some don't like reading the truth and it changes as I always do research on my position.

Once again I'm a happy holder and think the team will achieve some goals but I realize from past failures the market doesn't rate BUD or DM. So what needs to happen from this point onwards is that BUD needs to achieve the goals set. Remember it did drop to 8c before if we keep crawling we could go back not forward.

The market wants growth now IMO so that's what needs to happen. The company is at the stage now where small deals is good to know but until they show revenue it means nothing in terms of SP.

This Maccas deal is good but one ohm is purely a test run IMO, so good news but not mind-blowing.

The company needs that big deal to bring BUD back on the radar or overachieve on sales nothing wrong with saying that when that's what it needs. Big words and bidding stories coming from the company so when you talk you need to walk the walk or fall face first once again, we all know this has happened before, all IMO.

Let's go BUD and let's achieve, all IMO

At the end of the day the market is about making money just remember that.

DYOR always.

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You are completely wrong. BUD really does not need a significant news. The only reason market pull the SP down is they NEVER meet the expectation. From the calculation, 70m sales or 1000 units can not be reflected on recent quarterly report. You can say anything that increasing 1000% or 20000% for next year, but NOW nothing or you can say the amount of 2.1m included 1.5 m GOVERNMENT REBATE (EXCUSE ME?) Except achieving performance shares, what other reason they put the figure in.

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