Australia's largest stock trading and investment forum Australia's #1 stock forum

BUD

Click for more information

0.00%

0.6¢ buddy technologies ltd

BUD-LifX The Future, page-53

First 53 Last

Share
Profile

Follow
Tradewench

639 Posts.

63

08/02/19

18:59

Post #: 37381117
Share

Originally posted by 1ronnie ↑

... and assuming that BUD (in its present form) has no losses ! It chalked up $13.88m loss last year.

And we are told that BUD management will sit with LIFX - implies no cost reduction?

I also don't know if there will be any amortisation of goodwill that can adversely impact the bottom line.

Study the financials , like you would if you were to buy a business on your own. If you buy a business, would you pay on future forecasts and projections or on the basis of what the business had already achieved? All sellers would tell you a rosy forecast/projection.

If you are in the niche segment of a business, your GP margin needs to be in the 50s (50%) not 29%, and we see that as is, LIFX products sell at a high price.

Expand

Ronnie...it’s Friday night...pour yourself a wine before you internally combust.

BUD Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
24 Upvote

0 Great analysis

Reply

Top Stories

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Essential Energy conference: Streamlining approvals key to the green energy transition

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 187 more messages in this thread...

First 53 Last

Add BUD (ASX) to my watchlist