If you go over all the Quarterly reports you will see that there has been steady progress, notwithstanding capital costs buying Deloraine etc. With he steady progression of the company and increased sales, Woolworths, Coles, Vietnam and so on the company has been moving towards profitability. Press releases of a material impact to Q4 from a few months ago, again are all indicators of a big Q4. Couple this with Q3 in profit, $36mil in the bank it overwhelming indicates a significant Q4.
If they can reproduce the same in Q1 Bub's will really fly.
Remember some of the comments you read on HC are from people who have followed Bub's closely and have been in the game for a long time, that is equity markets, have a lot of funds invested and are medium to long term and have a lot of Hx in share trading. Conversely there are others who by reading some posts are novices at best. You have to be able to sort the charf from the hay and this takes time and learning.
The other aspect to this is that the investors are looking for stocks that are profitable in this environment as COVID will be around for a bit or until a vaccine is found and this is 12-18months as the experts are saying. Just have a look at how many businesses have gone for a capital raising since COVID and really solid companies, Bub did this as it was growing to pay for plant etc, not to survive COVID as are some.
BUB chart, page-2421
-
- There are more pages in this discussion • 565 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUB (ASX) to my watchlist
|
|||||
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $107.0M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $45.08K | 362.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 1839177 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 1178385 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 1705511 | 0.120 |
56 | 2847533 | 0.115 |
47 | 2216966 | 0.110 |
14 | 365745 | 0.105 |
35 | 725888 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 1170210 | 20 |
0.135 | 1925078 | 27 |
0.140 | 493151 | 24 |
0.145 | 1269300 | 14 |
0.150 | 878767 | 25 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
BUB (ASX) Chart |