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In the second half of the CY, Lifx would have to stock up for...

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retiredyoung

8,751 Posts.

782

01/04/19

08:46

Post #: 37945820
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Originally posted by KingEddie: ↑

How incredibly sad and disappointing. Thought I'd quickly jump online to have a quick look at what I thought would be overwhelmingly positive commentary after a disappointing 12x months for BUD shareholders.

How wrong I was....

IMHO of all the times over the past few years you could have held BUD, this was the one to be celebrated.

Congratulations to the BUD team for acquiring the worlds 2nd largest smart lighting company (with the worlds best product!!) at 1.8x times CY18 multiples, growing at 80-100% yoy (IMHO will DESTROY these numbers this cy!!), and if targets are met BUD could possibly be a cashflow positive $100m+ revenue business by the end of this calendar year.

Congrats to BUD shareholders as well who stuck with it.

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In the second half of the CY, Lifx would have to stock up for sales in the Dec qtr. Therefore I would expect Lifx's operating cash flow to be negative in the second half of the CY.

BUD Price at posting: 7.3¢ Sentiment: None Disclosure: Held
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