BUD 0.00% 0.6¢ buddy technologies ltd

3.8c is $95m market cap and about $110m enterprise value. The...

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  1. 2,906 Posts.
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    3.8c is $95m market cap and about $110m enterprise value.
    The question is what size revenues and EBITDA is required to justify that? 1ronnie and goldbear will have a different multiple to Bentas. That's what makes a market!

    Times are uncertain. Who would have thought JBHIFI, Harvey Norman, Bing Lee and a lot of other electrical retailers would have had their best quarter.!!! Even with a weaker AUD. AMAZON is only 10 percent from its all time high. Online sales are roofing.Have a look at the 5 year chart.
    People are "nesting". Making their homes better. Better TVs, computers, scanners etc. They are also pimping their homes with Security cameras/ lights and speakers. Bud recently announced a partnership/bundle with arlo cameras!

    From all reports, Echo dots and Google nest sales have been very strong. Connecting Cameras,lights and speakers to make the home smarter is getting easier and easier.
    Bud recently announced that Amazon technology allows LIFX $10 white bulb can be connected with voice commands once your Lifx and Alexa account have been initially set up. IMHO Lifx are hitching themselves to a very lucrative market in smart home upgrades!! After all Amazon sold over 100,000,000 Alexas in 2019.

    And yes I am still Holding tight.
 
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Currently unlisted public company.

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