BUD (ASX) Conference/Tweets/Presentations/News

Originally posted by MickySea ↑

I'm sorry, but I've given you a free ride here to date. I should also add that Ronnie doesn't need me to defend him, and I'm not in this instance...

...what I'm doing is highlighting your incredulous hypocrisy. Ronnie's post and predictions are not based on logic or intelligence? What? So facts, figures, published quarterlies and announcements, quoting the CEO's comments in webinars and news articles are what exactly? Nope, no logic there.

Saying you "grabbed a few more" and were/are "backing up the truck" at 37, 35, 32, 29, 27.5 25.5, 25, 23, 21.1, 20, 19.5, 19, 18, 17.5, 17, 15.5, 15 now THAT'S logic, intelligence and insight. To those that blindly read your posts and followed along for the ride, beware, as notlistening14 is clearly in love with this stock, which is dangerous trait to avoid at all costs. He only posts about BUD, has a picture of the CEO as his avatar and when said CEO offers him another turd sandwich such as today, he takes a huge bite, comes up smiling and comments on what a great opportunity this is to test his immune system - thanks Dave, another home run.

I'm happy for you to hold and buy more as much as you like, have at it, but I can't let you attack someone for being illogical or unintelligent for merely highlighting facts whilst you deal mostly in fantasy.

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You are completely missing the point here.

We have all seen @1ronnie constantly and consistently post on the BUD forum stating the shareprice would plunge. He never backed up these comments with reasoned analysis (hence my comment that you have quoted).

Now the shareprice has fallen, he is posting seeking vindication and praise for his earlier posts. The reality is, he is like a gambler always betting on black. One day it might come up black, but it's not because of any skill on his part. The reason that the BUD SP has tanked is for reasons beyond his control (i.e 2x ASX price queries; Telstra not finalising a deal).

Further:
- Is it not a FACT that Thor have renewed a 12 month contract worth approximately A$2m? Why would this not be included in revenue calculations for the next 12 months?
- FACT: BUD has ~$30m cash
- FACT: BUD is now sitting at just $110m EV
- FACT: Management has forecast $70m over 3 years in revenue from distribution deals to date, excluding the global distribution deal and European distribution. On that basis alone, if the forecast holds true, the company is significantly undervalued IMO.

The 'fantasy' I deal in is that BUD has attracted Tier 1 partners globally to distribute a unique and affordable product amidst a growing trend towards product connectivity and environmental sensitivity and awareness.