BUD 0.00% 0.6¢ buddy technologies ltd

To create shareholders value, companies need to be able to build...

  1. 219 Posts.
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    To create shareholders value, companies need to be able to build the business ground up. Bud is at a stage of exactly doing that.

    Typically, this means it will be a rollercoaster ride for at least 5-7 years from listing. You can either choose to invest at early stage and weather the storms or invest when the boat is smooth sailing in few years.

    It's a high risk play but if you have decided to invest early on then have some patience.

    The only time I would panic of price crash is if I see massive change in business fundamentals, industry trends, management losing control. At that point I may choose to cut my losses.

    But I see neither of above happening at this point and quite the contrary, things are moving at a good pace apart from few hiccups and delays in uptake.

    Let's see what next few qtrly brings but until then hold tight.
 
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Currently unlisted public company.

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