Not sure about the other companies that you invest in but the...

First 165 Last

Share
Profile

Follow
ithappens

269 Posts.

35

08/06/18

12:04

Post #: 33592798
Share

Originally posted by crazydave1942 ↑

We all know how the market works, nobody is a moron just different views. So what you're saying is to stop volatility and keep SP stable hide what is really going on the business. It was Buddy Platforms decision to go down the smart cities path and set up the business in a way that numbers fluctuate. In doing so what you're saying is the company is not saying numbers of installs to affect the SP direction, that is dodgy. If BUD was concerned about these things they should have built a different business model.

As an investor if BUD was going to hit target numbers like they keep saying i don't mind a little fluctuation, it should be expected. If they generate all that revenue expected a few dips and rises won't matter. I understand what you mean and it is logical but the problem is Bud is a listed company, the solution could be once a yr announce numbers or something like that.

It doesn't matter if you have to sell cars or are on a cruise ship selling tablets everyone has numbers they have to meet or get fired, it's all apart of the sales industry. Do you think you will work at Microsoft or Apple if you can't hit numbers, no way. So no i don't believe what you saying makes sense at all, if the product is needed it will sell. Bud have all the agreements in place to sell so if it's a great product it should sell.

As investors to save our funds we should have a regular update on company progress so we can assess our position and see if we still think it's a good investment, at the moment we are all flying blind. That means we have no idea on how the company is progressing and need to wait for the $ amount at each quarterly to assess the company, even then we are still flying blind as the number in the next quarterly could be higher or lower. So it's the same thing anyway the SP will fluctuate on the $ amount given on each quarterly anyway all IMO.

Expand

Not sure about the other companies that you invest in but the last update I got from Apple was May 1st and before that Feb 1st which is pretty much the same as from Buddy.

BUD Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

WHC

Whitehaven to sell 30% of Blackwater coal mine to Japanese JV partners

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

There are more pages in this discussion • 379 more messages in this thread...

First 165 Last

Add BUD (ASX) to my watchlist

Not sure about the other companies that you invest in but the...

Top Stories

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

Whitehaven to sell 30% of Blackwater coal mine to Japanese JV partners

The Rising Tide: How institutional adoption is shaping the future of crypto

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

Featured News